ORCHPHARMA2026-04-012026-06-30ORCHPHARMA2026-06-30ORCHPHARMA2026-04-012026-06-30in-capmkt:OtherExpenses1MemberORCHPHARMA2026-04-012026-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1ORCHPHARMA2026-06-30Statement1ORCHPHARMA2026-04-012026-06-30Statement1ORCHPHARMA2026-06-30StatementDynamic1I1Statement1ORCHPHARMA2026-06-30StatementDynamic1I2Statement1ORCHPHARMA2026-06-30StatementDynamic1I3Statement1ORCHPHARMA2026-06-30StatementDynamic1I4Statement1iso4217:INRxbrli:pureiso4217:INRxbrli:shares524372ORCHPHARMANOTLISTEDINE191A01027ORCHID PHARMA LIMITEDMain BoardEquity2026-04-012027-03-312026-08-142026-08-11INRLakhsQuarterlyFirst quarterSingle segmentPharmaceutical2026-08-1414:00:002026-08-1418:15:00Not applicabletrue1falseNot Applicable as the Company has not defaulted on Loans and Debt Securities during the reporting period. <br /> <br /> Also, the Company has not raised funds during the quarter but due to the mandatory requirement in technical point of this utility at Row No. 42 of this page, is selected as 1. 2026-04-012026-06-30UnauditedStandalone3041713000100472000314218500020642200006065000-2724700026758100022123000109016000581055000302281300011937200001193720000000119372000000011937200064000119436000598852000101.991.99001.991.991. The above results for the quarter ended June 30 , 2026 as reviewed and recommended by the Audit committee of the Board, has been approved by the Board of Directors at its meeting held on Aaugust 14, 2026.The statutory auditors of the company have expressed an unmodified conclusion on the unaudited Standalone results and Consolidated results <br /> <br /> 2 The Statement has been prepared in accordance with the recognition and measurement principles of the Companies Indian Accounting Standards ("Ind AS") as prescribed under Section 133 of the Companies Act, 2013, read with the Companies (Indian Accounting Standards) Rules, 2015, as amended from time to time and other recognized accounting practices and policies generally accepted in India, to the extent applicable. <br /> <br /> 3 a) The Government of India had consolidated 29 existing labour legislations into a unified framework comprising four Labour Codes collectively referred to as the 'New Labour Codes', which became effective from 21st November 2025. However, the new Rules are yet be notified even as on date. <br /> During the quarter ended December 2025, based on its preliminary understanding of the new Labour Codes, the Company recognised a provision of Rs. 711 .27 lakhs towards incremental estimated liabilities for past service cost relating to gratuity and leave, which was disclosed under "Exceptional items". <br /> Thereafter, based on subsequent FAQ's and clarifications issued by the Ministry of Labour, deliberations at various forums and detailed examination of various provisions of the above new Labour Codes, the Company, based on Actuarial Valuation, has determined that the incremental estimated liabilities as on March 31, 2026 on account of past service cost in relation to Gratuity and Leave liability amounted to only Rs.733.29 Lakhs. Hence the differential provision of Rs.22.02 Lakhs has been made in the March 2026 quarter under "Exceptional items". <br /> The Company continues to monitor the finalisation of Central 1 State Rules and further clarifications from the Government on other aspects of the Labour Codes and will account for any additional impact, if required, based on such developments. <br /> <br /> 4. The entire net Proceeds of Rs.39180 Lakhs raised on 27th June 2023 by way of Qualified Institutional PLacement (QIP) was received by the Company and the Statement of Net funds raised and its utilisation as on June 30, 2026 furnished below : <br /> <br /> Statement of QIP Net Funds raised and utilisation <br /> Particulars Amount as stated in Total amount utilised * Balance amount as on Remarks <br /> the Offer Document upto June 30, 2026 on June 30, 2026 kept <br /> Rs. In Lakhs Rs. In Lakhs in Fixed Deposits in lakhs <br /> <br /> 1)Investment in OBPL, subsidiary, <br /> for setting up Jammu <br /> Manufacturing Facility 13500 9762 3738 <br /> 2)Repayment/prepayment, in <br /> full or in part, of certain <br /> outstanding borrowings <br /> availed by the company 19546 19546 - <br /> 3)Funding capital expenditure <br /> requirements for setting up a <br /> new block at the API facility <br /> of the Company in Alathur, <br /> Tamil Nadu 36 36 - <br /> 4)General corporate purposes 6372 6372 0 # <br /> Total 39454 35716 3738 <br /> # As per QIP Offer Document the amount allocated for General Corporate Purpose (GCP) was Rs. 6098 Lakhs which was based on the propsoed net proceeds after issue expenses being Rs.39180 Lakhs. However, net proceeds transferred to Monitoring Agency Account was Rs. 39454 Lakhs as against the proposed Net Proceeds of Rs. 39180 Lakhs, therefore surplus Amount of Rs. 274 Lakhs has been included in GCP Balance as on June 30, 2026. The allocation among the objects has been revised vide Shareholder's Resolution dated September 20, 2025. <br /> *Balamce amount excludes the interest earned on the Unutilized QIP funds kept in fixed deposits. <br /> <br /> 5. The operations of the Company falls under a single operating segment i.e., "Pharmaceuticals" in accordance with Ind AS 108 "Operating Segments" and hence no reporting as per Ind AS 108 is applicable. <br /> <br /> 6. The figures for the quarters ended 31st March, 2026 are the balancing figures between audited figures in respect of the full financial year and year to date figures up to the third quarter of the relevant financial years which were subjected to limited review. <br /> <br /> 7 Pursuant to the Scheme of Amalgamation and Arrangement between Dhanuka Laboratories Limited (“Transferor Company”) and Orchid Pharma Limited (“Company” or “Transferee Company”) and their respective shareholders and creditors (“Scheme”), sanctioned by the Hon’ble National Company Law Tribunal, Chennai Bench (“NCLT”) vide its order dated June 05, 2026, the Transferor Company has been amalgamated with and into the Company. The Scheme has an appointed date of April 01, 2024 and became effective on July 10, 2026 upon filing of the certified copy of the NCLT order with the Registrar of Companies, Chennai. In accordance with the terms of the Scheme and the applicable provisions of Ind AS, the amalgamation has been accounted for from the appointed date. Accordingly, the financial results for the quarter ended June 30, 2026 and the comparative periods presented therein have been prepared/restated, respectively, to give effect to the amalgamation from the appointed date, as applicable. <br /> <br /> 8 The Company has successfully completed the acquisition of 100% assets of Allecra Therapeutics GmbH, Germany and Allecra Therapeutics SAS, France on October 29,2025 and August 01,2025 respectively. After the successful completion of above transactions, Orchid Pharma Limited now possesses 100% global ownership of Enmetazobactam (International Brand Name known as EXBLIFEP) (known as Orblicef in India), consolidating rights and control previously split across entities. This will mark the full repatriation of the first novel antibiotic molecule discovered in India, back to India. <br /> <br /> 9 The Company have acquired 100% Share Capital of Weilchensee 1272. V V GmbH, a Company incorporated under laws of Germany, now a Wholly owned subsidiary renamed as Orchid Pharma Europe GmbH w.e.f. July 30, 2025. <br /> <br /> 10 Figures of the previous period have been regrouped/reclassified/restated wherever considered necessaryOther Expenses581055000Items that will not be reclassified to profit and loss64000640000064000QIP2023-06-2740000000002026-06-30trueCare Ratings Limitedtruetrue2025-09-20In view of changes in the business environment and to meet current strategic requirements, the Company has modified the allocation of the QIP Proceeds. The commencement of "new block at API Facility of the Company in Alathur" project has been postponed to a later stage. Therefore, QIP Proceeds allotted to API Facility in Alathur has been reallocated with the approval of shareholders at the AGM held on September 30, 2025, to mitigate such additional financial burden, improve profit and ensure the best possible utilization of the QIP proceeds in the overall interest of the Company and its shareholders.Monitoring Agency Remark-1 - The company revised the allocation of QIP proceeds among the objects specified in the offer document, pursuant to shareholders’ approval obtained through the AGM resolution dated September 20, 2025. Accordingly, the utilisation of funds is now being undertaken in line with the revised allocation schedule. Audit committee comments- The comments of Monitoring Agency are self-explanatory Monitoring Agency Remark-2- Change in allocation of funds towards the objects of the issue was approved by shareholders vide AGM resolution dated September 20, 2025. Audit committee comments- The comments of Monitoring Agency are self-explanatory Monitoring Agency Remarks-3- The company revised the allocation of QIP proceeds among the objects specified in the offer document, pursuant to shareholders’ approval obtained through the AGM resolution dated September 20, 2025. Accordingly, the utilisation of funds is now being undertaken in line with the revised allocation schedule Audit committee comments-The comments of Monitoring Agency are self-explanatory Monitoring Agency Remark-4- No specific list of statutory/ Govt Approvals was mentioned in the offer document for the purpose of monitoring. As per the AGM dated Sep 20, 2025, no further investment is expected towards Alathur project from QIP proceeds Audit committee comments-The comments of Monitoring Agency are self-explanatory Monitoring Agency Remark-5- The company has spent Rs. 3.77 crores towards technical know-how. Audit committee comments-The comments of Monitoring Agency are self-explanatory Monitoring Agency Remark-6- There is significant delay in the implementation of the manufacturing facility under Orchid Bio Pharma Limited in Jammu, Commercial operations are now expected to commence by February 2027. Audit Committee Comments- The Land acquisition task has been given to Land aggregator who is getting the land from various farmers. Getting the agreement signed from various farmers has taken time. Registration of the remaining land parcel is expect to be completed soon. Construction activity of Major Building is in advance stage. Installation of equipment's is in advanced stage Commercial operations are now expected to commence by February 2027. Monitoring Agency Remarks-7- The company revised the allocation of QIP proceeds among the objects specified in the offer document, pursuant to shareholders’ approval obtained through the AGM resolution dated September 20, 2025. Accordingly, allocation towards investment in Orchid Bio Pharma Ltd for setting up a manufacturing facility and allocation towards the repayment of credit limit has been increased whereas allocation towards API facility at Alathur has been reduced. Audit Committee Comments- The comments of Monitoring Agency are self-explanatory Monitoring Agency Remarks-8- The company transferred Rs 25.50 crore from its cash credit account to OBPL in April 2026 towards the setting up of a manufacturing facility in Jammu. OBPL utilized the funds for payments to equipment suppliers. Subsequently, on June 15, 2026, OPL transferred Rs 24.59 crore from the Monitoring Agency (MA) account to its cash credit account and appropriated the amount towards reimbursement of the investment already made in its subsidiary, OBPL. Audit Committee Comments- The comments of Monitoring Agency are self-explanatory Monitoring Agency Report-9- Entire amount allotted has been utilized as of Jun-25. Audit Committee Comments- Entire amount allotted as per the revised object schedule (Rs. 36 Lakhs) was utilised as of June 2025. Hence no amount remain unutilised. Monitoring Agency Remarks-10- Yes, there has been a significant delay in implementation. Commercial operations are now expected to commence by February 2027 Audit Committee Comments- The Land acquisition task has been given to Land aggregator who is getting the land from various farmers. Getting the agreement signed from various farmers has taken time. Registration of the remaining land parcel is expect to be completed soon. Construction activity of Major Building is in advance stage. Installation of equipment's is in advanced stage Commercial operations are now expected to commence by February 2027. NilKapil DayyaCompany Secretary and Compliance OfficerGurugram2026-08-14Investment in Orchid Bio Pharma Limited for setting up Manufacturing Facility in JammuNot Applicable9000000001350000097620000Repayment or prepayment, in full or in part, of certain outstanding borrowings availed by our CompanyNot Applicable141000000019546000195460000Funding capital expenditure requirements for setting up a new block at the API Facility of the Company in Alathur, Tamil NaduNot Applicable99820000036000360000General Corporate PurposesNot Applicable609800000637200063720000As per the offer document the GCP was Rs. 60.98 crore which was on the basis of proposed net proceeds after issue expense of Rs 8.20 crores amounting to Rs 391.80 crores. The actual issue expense incurred was Rs 5.46 crores. Accordingly, Net Proceeds transferred to Monitoring Account was Rs. 394.54 crores as against the proposed Net Proceeds of Rs. 391.80 crores, therefore the GCP was revised to Rs. 63.72 crore.