Eris Lifesciences
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Eris Lifesciences (ERIS) investor relations material

Eris Lifesciences Q3 25/26 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 25/26 earnings summary13 Feb, 2026

Executive summary

  • Q3 and nine-month results showed strong growth in branded formulations, international business, and consolidated operations, with record consolidated revenue of INR 807 crore in Q3, up 11% year-on-year, and adjusted PAT up 38.5% year-on-year.

  • International business achieved its highest-ever quarterly revenue, up 45% year-on-year, and EBITDA up 46%.

  • Unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, were approved with unmodified auditor opinions.

  • The company operates primarily in the pharmaceuticals segment, with recent expansions and acquisitions impacting group structure.

Financial highlights

  • Branded Formulations Q3 revenue: INR 696 crore; nine months: INR 2,106 crore; EBITDA for Q3: INR 254 crore; nine months: INR 781 crore.

  • International business Q3 revenue: INR 111 crore (45% growth); nine months: INR 259 crore (11% growth); Q3 EBITDA margin: 30%.

  • Consolidated Q3 revenue: INR 807 crore (11% growth); nine months: INR 2,373 crore; Q3 operating profit: INR 282 crore (13% growth); Q3 EPS: INR 9.

  • Consolidated net profit for the quarter was INR 108.83 crore, and for nine months, INR 368.40 crore.

  • Exceptional item of INR 17 crore in Q3 due to new labour code, increasing employee-related liabilities.

Outlook and guidance

  • Branded Formulations expected to close the year with 13%-14% growth and EBITDA margin above 39% (excluding discontinued brands).

  • Full-year consolidated revenue guidance: INR 3,200 crore (12% growth, excluding trade generics); EBITDA guidance: INR 1,150 crore (15% growth).

  • FY 2027 projected as a breakout year for international business, with revenue of INR 550-600 crore and EBITDA of INR 180-200 crore.

  • Net debt to EBITDA ratio targeted at 1.5x by year-end.

  • The company completed the acquisition of the remaining 30% stake in Swiss Parenterals Limited, making it a wholly owned subsidiary as of January 16, 2026.

New Labour Codes: Ongoing cost implications?
Swiss Parenterals full acquisition: Key benefits?
ETL, AHL, EOHPL scheme: What are the goals?
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Frequently asked questions

Eris Lifesciences Limited is an India-based pharmaceutical company engaged in the development, manufacturing, and marketing of branded formulations. The company focuses on therapeutic areas such as cardiovascular, diabetes, neurology, gastroenterology, and dermatology. It primarily caters to the domestic market, targeting healthcare professionals and patients through its portfolio of prescription medicines. The company is headquartered in Ahmedabad, India, and its shares are listed on the NSE and BSE.

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