ScoutQuest3 Nov 2026
Hikal524735Quarterly results

Hikal Ltd press release, Q2 FY27

Hikal's consolidated EBITDA was ₹45 crore at a 10.3% margin, up from 9.2% in Q1FY27.

By ScoutQuest · · 1 min read

₹ 434 croreRevenue
Pharmaceuticals revenue₹278 Cr
Crop-Protection revenue₹156 crores
Revenue ₹ 434 crore: Pharmaceuticals revenue ₹278 Cr, Crop-Protection revenue ₹156 crores.
Consolidated EBITDA / Margin
₹45 crore at a 10.3% margin, up from 9.2% in Q1FY27
PBT before exceptional item, Q2 FY27
₹ (8) crores
Pharmaceuticals revenue growth
grew by 47% YoY to ₹278 Cr in Q2FY27
Release
Results press release
Period
Q2 FY27

_Consolidated figures, Q2 FY27; the results update showed standalone_

📊 PBT before exceptional item, Q2 FY27: ₹ (8) crores

📉 Crop-Protection share of revenue, Q2 FY27: fell to 36% from 42% in Q1FY27

📈 Pharmaceuticals revenue grew by 47% YoY to ₹278 Cr in Q2FY27, with improvement in EBIT margins, the company says. The company says an API secured GMP approval for Japan, 4 DMFs are on track and 28 customer audits were completed.

📈 Crop-Protection revenue was ₹156 crores, growing 21% YoY but down from 170 in Q1FY27. The company says Crop-Protection margins were impacted by elevated RM prices, Chinese competition and deferred demand; Own Product sales grew 11% YoY.

36%Crop-Protection share of revenue
Crop-Protection share of revenue: 36%.
More numbers
  • Revenue, Q2 FY27₹ 434 crore
  • PBT before exceptional item, Q2 FY27₹ (8) crores
  • PAT, Q2 FY27₹ (6) crore
  • EBITDA, Q2 FY27₹ 45 crore
  • EBITDA margin, Q2 FY2710.3%
  • Pharmaceuticals revenue, Q2 FY27₹278 Cr
  • Crop-Protection revenue, Q2 FY27₹156 crores
  • Crop-Protection share of revenue, Q2 FY2736%
  • Customer audits completed, Q2 FY2728
  • EPS, Q2 FY27(0.49)
Source: BSE · 3 Nov 2026

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