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ANTHEM · quarter ended June 30, 2026 · earnings call presentation

ANTHEM

Anthem's Q1FY27 results show a decline in revenue and profits compared to the previous year and quarter. Despite lower revenues, EBITDA margins improved YoY, reflecting cost efficiencies. Management remains optimistic about future growth with strong demand and scheduled deliveries later in the year.

herofinancialssegmentstakeawaysquote

Key financials

Revenue from Operations₹418 crore
CRDMO Revenues₹341 crore
Specialty Ingredients Revenues₹77.4 crore
EBITDA₹176 crore
PAT (Profit After Tax)₹120 crore

Segment commentary

CRDMO

Delivered ₹3,408 Mn revenues.

Specialty Ingredients

Delivered ₹774 Mn revenues.

Guidance & outlook

  • Strong underlying demand with higher scheduled deliveries in the latter half of the year.
  • Committed to sustaining revenue growth aligned with long-term historical performance.
  • Focus on cost efficiencies, yield optimization, and employee productivity to maintain margin profile.

Notable quotes

“Our Q1FY27 quarterly results reflect timing shifts in deliveries to key customers. The underlying demand remains strong...”— Ajay Bhardwaj — Chairman, MD & CEO
“...we remain firmly committed to sustaining revenue growth aligned with our long-term historical performance.”— Ajay Bhardwaj — Chairman, MD & CEO

Key takeaways

  • Revenue and profits declined YoY and QoQ due to timing of deliveries, but margins improved.
  • Management expects stronger performance in the latter half of the year with scheduled deliveries.
  • Focus on cost efficiencies and productivity to maintain strong margin profile despite revenue challenges.

Risks flagged

  • Timing shifts in deliveries affecting current quarter's performance.
  • Market risks as mentioned in the forward-looking statements section.
Educational analysis only. Not investment advice. Consult a SEBI-registered advisor before investing. Source: https://nsearchives.nseindia.com/corporate/COMPLIANCE_ABL1_21072026163814_Investor_Call_Presentation_Q1_Signed.pdf
Full transcript (972 words)
Date: July 21, 2026 To, BSE Limited, National Stock Exchange of India Limited 20th Floor, P.J. Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai - 400001. Mumbai – 400 051 BSE Scrip Code: 544449 NSE Scrip Symbol: ANTHEM Subject: Earnings Call Presentation of the Company Pertaining to the quarter ended June 30, 2026 Dear Sir/Ma’am In continuation with the Company’s letter dated July 15, 2026, pertaining to intimation of schedule of earnings call to be held on Wednesday, July 22, 2026, at 11:30 AM (IST) and pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the earnings presentation on the Unaudited Consolidated Financial Results of the Company for the quarter ended June 30, 2026. The same is also available on the Company’s website at https://anthembio.com/. We request you to kindly take the same on record. Thanking you, Yours truly, For Anthem Biosciences Limited (Formerly known as Anthem Biosciences Private Limited) _____________________ Divya Prasad Company Secretary & Compliance Officer Membership No: A41438 Anthem Biosciences Limited Investor Presentation July 21, 2026 Safe Harbour Except for the historical information contained herein, statements in this presentation and the subsequent discussions, which include words or phrases such as "will", "aim", "will likely result", "would", "believe", "may", "expect", "will continue", "anticipate", "estimate", "intend", "plan", "contemplate", seek to", "future", "objective", "goal", "likely", "project", "should", "potential", "will pursue", and similar expressions of such expressions may constitute “forward-looking statements”. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include but are not limited to our ability to successfully implement our strategy, our growth and expansion plans, obtain regulatory approvals, our provisioning policies, technological changes, investment and business income, cash flow projections, our exposure to market risks as well as other risks. The Company does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date thereof. Consolidated Profit & Loss Statement: Q1FY27 vs Q1FY26 vs Q4FY26 Performance Particulars (₹ Mn) Q1FY27 Q1FY26 YoY Q4FY26 QoQ FY26 Revenue from Operations 4,182 5,402 -22.6% 6,109 -31.5% 21,243 CRDMO 3,408 4,527 -24.7% 5,128 -33.5% 17,727 Specialty Ingredients 774 875 -11.5% 981 -21.1% 3,516 Other Income 249 228 9.2% 512 -51.4% 1,558 Total Revenues 4,431 5,630 -21.3% 6,622 -33.1% 22,801 Cost of materials consumed and changes in inventories 1,462 2,309 -36.7% 2,155 -32.2% 8,123 Employee benefits expense 788 720 9.5% 725 8.7% 2,827 Other expenses 426 458 -7.0% 558 -23.6% 1,955 EBITDA 1,755 2,143 -18.1% 3,184 -44.9% 9,896 EBITDA Margins 39.6% 38.1% 153 bps 48.1% (849 bps) 43.4% Finance cost 9 16 -44.5% 19 -53.3% 69 Depreciation and amortization expense 300 264 13.6% 396 -24.3% 1,341 PBT before exceptional items 1,446 1,862 -22.4% 2,769 -47.8% 8,486 Exceptional Items* n.a. n.a. n.a. (10) n.a. 244 PBT after exceptional items 1,446 1,862 -22.4% 2,779 -48.0% 8,242 Total tax expense 246 505 -51.2% 882 -72.1% 2,324 Profit after tax 1,199 1,358 -11.7% 1,898 -36.8% 5,918 3 Q1FY27 Consolidated Financial Highlights Revenues (₹ Mn) EBITDA1 (₹ Mn) and EBITDA Margins (%age) PAT (₹ Mn) and PAT Margins (%age) 5,402 38.1% 39.6% 24.1% 27.1% 4,182 2,143 1,755 1,358 1,199 Q1FY26 Q1FY27 Q1FY26 Q1FY27 Q1FY26 Q1FY27 PBT (₹ Mn) and PBT Margins (%age) Net Cash (₹ Mn) Specialty Ingredients 18.5% 33.1% 32.6% Q1FY27 17,197 Revenue 1,863 Split 1,446 7,848 CRDMO 81.5% Q1FY26 Q1FY27 June 30, 2026 June 30, 2027 Note: 1. EBITDA for Q1FY27 includes Other Income of INR 249 Mn(Other Operating Income o/a of forex gain (net) and RoDTEPincentive is INR 13 Mnand Financial / Non Operating Income is INR 236 Mn). Corresponding figures for Q1FY26 was Other Income of INR 228 Mn(Other Operating Income o/a of forex gain (net) and RoDTEPincentive was INR 37 Mnand Financial / Non Operating Income was INR 191 Mn) 4 Margin profile continues to remain strong for Q1FY27 ₹4,182 Mn 39.6% 27.1% Strong Business Q1FY27 Revenues Q1FY27 EBITDA Margin Q1FY27 PAT Margin Performance 14 + 10 425KL 142KL Robust Technology Commercial + Custom Synthesis Capacity Fermentation Capacity and Infrastructure Late Stage (Phase III) Molecules 15.4% / 23.3% 1.10x 2.45x Strong Returns and ROE / Q1FY27 Post Tax ROCE Q1FY27 Gross Fixed Assets Turnover Net Cash / Q1FY27 EBITDA* Balance Sheet *Based on Annualised EBITDA 5 Financial Highlights: Q1FY27 Quarter Performance:  Consolidated Revenue from Operations was ₹4,182 Mn for the quarter  CRDMO business delivered ₹3,408 Mn revenues  Specialty Ingredients delivered ₹774 Mn revenues  EBITDA was ₹1,755 Mn, with EBITDA margins at 39.6%  PAT (Profit After Tax) was ₹1,199 Mn, with PAT margins at 27.1%  Net Cash position as of June 30, 2026 is ₹17,197 Mn 6 Message from Chairman, MD and CEO “Our Q1FY27 quarterly results reflect timing shifts in deliveries to key customers. The underlying demand remains strong, and with a higher concentration of scheduled deliveries in the latter half of the year, we are positioned to capture that momentum. We remain firmly committed to sustaining revenue growth aligned with our long-term historical performance. On the margin front, we delivered year-on-year improvement across both EBITDA and PAT margins. Our disciplined focus on cost efficiencies, yield optimisation, and employee productivity continues to reinforce our industry-leading margin profile, positioning us to AJAY BHARDWAJ sustain this performance through the year”. Chairman, MD & CEO 7 Thank You Anthem Biosciences Limited NeoAnthem Lifesciences Private Limited Unit I: No.49, F1 &F2, Canara Bank Road, Unit III: 313-P,314-P, 318-P, Harohalli Bommasandra Industrial Area Phase 1, IndustrialArea, Phase II, Bommasandra, Bangalore, 560 099, India Kanakapura Taluk, Ramnagar District, Harohalli, Karnataka, 562112, India Unit II: Plot No 276-P & 277-P, Survey No-20, Harohalli IndustrialArea, Phase II, Near Bannikuppe Village, Kanakapura Taluk, Ramnagar District, Harohalli, Karnataka 562112, India For further information please contact investors.abl@anthembio.com or anthem@adfactorspr.com