1449.8000 -14.10 (-0.96%)
NSE Feb 20, 2026 15:31 PM
Volume: 93,974
 

1449.80
-0.96%
ICICI Direct
Q2FY26- Revenues growth a little subdued but margins strongRevenues grew ~9% YoY to 2556.5 crore driven by both domestic formulations and API exports. Domestic formulations grew 8% YoY to 1019 crore, driven by strong traction in pain management but also had some impact on account of GST rate rationalization. Export APIs grew ~45% to 221 crore. Under exports formulations - Branded exports grew ~2% to 145 crore, Institutional exports de-grew 29% YoY to 79.7 crore and generic exports de-grew 6% YoY to 268 crore. EBITDA grew 23.4% YoY to 545 crore while EBITDA margins grew by 257 bps to 21.3% aided...
ICICI Direct increased Buy price target of Ipca Laboratories Ltd. to 1800.0 on 17 Feb, 2026.
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