Integrated Filing — IndAS



General information about company

Scrip Code 532331
NSE Symbol AJANTPHARM
MSEI Symbol NOTLISTED
ISIN INE031B01049
Name of company AJANTA PHARMA LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 03-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 08-10-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Pharmaceutical
Start date and time of board meeting 03-11-2025   11:30:00
End date and time of board meeting 03-11-2025   13:20:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 1,35,373.00 2,65,638.00
Other income 5,934.00 8,567.00
Total income 1,41,307.00 2,74,205.00
2 Expenses
(a) Cost of materials consumed 21,760.00 42,468.00
(b) Purchases of stock-in-trade 5,326.00 10,489.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 4,595.00 6,312.00
(d) Employee benefit expense 31,701.00 61,991.00
(e) Finance costs 339.00 865.00
(f) Depreciation, depletion and amortisation expense 4,297.00 8,426.00
(f) Other Expenses
1 Other expenses 39,208.00 76,460.00
Total other expenses 39,208.00 76,460.00
Total expenses 1,07,226.00 2,07,011.00
3 Total profit before exceptional items and tax 34,081.00 67,194.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 34,081.00 67,194.00
6 Tax expense
7 Current tax 7,830.00 15,180.00
8 Deferred tax 232.00 461.00
9 Total tax expenses 8,062.00 15,641.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 26,019.00 51,553.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 26,019.00 51,553.00
17 Other comprehensive income net of taxes 830.00 846.00
18 Total Comprehensive Income for the period 26,849.00 52,399.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 26,019.00 51,553.00
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 26,849.00 52,399.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 2,507.00 2,507.00
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 20.83 41.27
Diluted earnings (loss) per share from continuing operations 20.82 41.26
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 20.83 41.27
Diluted earnings (loss) per share from continuing and discontinued operations 20.82 41.26
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The above consolidated financial results have been reviewed by Audit Committee and approved by the Board of Directors at their meeting held on 3 November 2025. The statutory auditors have expressed an unmodified opinion. The review report has been filed with the stock exchange and is available on company website. 2. The consolidated unaudited financial results of the Company and its wholly owned subsidiaries (the Group) have been prepared as per Ind AS 110 on Consolidated Financial Statements. There is no minority interest. 3. Board of Directors have approved 1st interim dividend of Rs. 349.82 Crore for financial year 2025-26 to its shareholders at Rs. 28 per share on the face value of Rs. 2 per share. 4. Other income / Other expense includes Quarter ended Half year ended Year ended Rs. in Crore 30 Sep 25 30 Sep 25 30 Sep 24 31 Mar 25 Foreign exchange gain (in other income) 39.63 49.01 12.39 28.21 Foreign exchange loss (in other expense) 40.95 66.10 17.65 8.82 5. In August 2025, the Income Tax Authorities carried out search operations at certain premises of the Parent Company. The Parent Company has not yet received any formal communication from the Income Tax Authorities in this regard and hence no adjustments have been made in the consolidated financial results for the quarter and period ended 30 September 2025. 6. During the year 23,525 (previous year 25,325) equity shares of Rs. 2 each, fully paid up, were allotted upon exercise of vested options pursuant to the Share Based Incentive Plan, 2019, resulting in an increase in the paid-up share capital by Rs. 47,050 (previous year Rs. 50,650) and securities premium by Rs. 3.50 crores (previous year Rs. 3.84 crores).



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 1,74,020.00
Capital work-in-progress 14,613.00
Investment property 0.00
Goodwill 0.00
Other intangible assets 13,264.00
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 2,524.00
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets 775.00
Total non-current financial assets 3,299.00
Deferred tax assets (net) 19,738.00
Other non-current assets 2,943.00
Total non-current assets 2,27,877.00
2 Current assets
Inventories 81,214.00
Current financial asset
Current investments 84,898.00
Trade receivables, current 1,44,750.00
Cash and cash equivalents 8,981.00
Bank balance other than cash and cash equivalents 129.00
Loans, current 208.00
Other current financial assets 510.00
Total current financial assets 2,39,476.00
Current tax assets (net) 0.00
Other current assets 18,674.00
Total current assets 3,39,364.00
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 5,67,241.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 2,507.00
Other equity 4,28,994.00
Total equity attributable to owners of parent 4,31,501.00
Non controlling interest 0.00
Total equity 4,31,501.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities 3,806.00
Total non-current financial liabilities 3,806.00
Provisions, non-current 3,891.00
Deferred tax liabilities (net) 11,878.00
Deferred government grants, Non-current 0.00
Other non-current liabilities 184.00
Total non-current liabilities 19,759.00
Current liabilities
Current financial liabilities
Borrowings, current 20,172.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 1,933.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 41,072.00
Total Trade payable 43,005.00
Other current financial liabilities 43,042.00
Total current financial liabilities 1,06,219.00
Other current liabilities 3,199.00
Provisions, current 2,286.00
Current tax liabilities (Net) 4,277.00
Deferred government grants, Current 0.00
Total current liabilities 1,15,981.00
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 1,35,740.00
Total equity and liabilites 5,67,241.00
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified subsequently to profit or loss 72.00 (427.00)
Total Amount of items that will not be reclassified to profit and loss 72.00 (427.00)
2 Income tax relating to items that will not be reclassified to profit or loss 25.00 (149.00)
3 Amount of items that will be reclassified to profit and loss
1 Items that will be reclassified subsequently to profit or loss 783.00 1,124.00
Total Amount of items that will be reclassified to profit and loss 783.00 1,124.00
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 830.00 846.00



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 67,194.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 865.00
Adjustments for decrease (increase) in inventories 9,313.00
Adjustments for decrease (increase) in trade receivables, current (22,634.00)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (7,189.00)
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (2,317.00)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (6,113.00)
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 8,426.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 203.00
Adjustments for provisions, current (4,464.00)
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (3,082.00)
Adjustments for dividend income 0.00
Adjustments for interest income 2,826.00
Adjustments for share-based payments 77.00
Adjustments for fair value losses (gains) 6,645.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items (17.00)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (23,113.00)
Net cash flows from (used in) operations 44,081.00
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 15,687.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 28,394.00
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 1,15,499.00
Other cash payments to acquire equity or debt instruments of other entities 1,56,086.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 706.00
Purchase of property, plant and equipment 17,347.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 2,351.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (17.00)
Net cash flows from (used in) investing activities (54,894.00)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 19,913.00
Repayments of borrowings 0.00
Payments of lease liabilities 1,058.00
Dividends paid 1.00
Interest paid 703.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 18,151.00
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (8,349.00)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents (182.00)
Net increase (decrease) in cash and cash equivalents (8,531.00)
Cash and cash equivalents cash flow statement at beginning of period 17,512.00
Cash and cash equivalents cash flow statement at end of period 8,981.00