Latest: Hester Biosciences Ltd Q1 FY27 (Apr–Jun 2026) results →This page is Q2 FY26 (Jul–Sep 2025).All Q2 FY26 results →
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Hester Biosciences Ltd

Q2 FY26Pharmaceuticals & Biotechnology

Hester Biosciences Q2 FY26 earnings call: Revenue & Margins

Q2 FY26 earnings call: what management said on revenue, margins and capex.

Price₹2,368
Market cap₹2.1K Cr
P/E38.7
Updated23 Aug 2026
Read4 min read

The short version

Next half of FY26 expected to show stronger performance, covering up for the subdued Q2 results. The company anticipates stronger performance in the second half of FY26, aiming to cover up for a relatively damp Q2.

From Hester Biosciences Ltd's Q2 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • Next half of FY26 expected to show stronger performance, covering up for the subdued Q2 results.
  • Strategic focus on reducing dependency on tender-based revenues, aiming for a more balanced portfolio.
  • Poultry healthcare division showing volume-led growth: 18% in Q2 and 10% in H1 FY26.
  • New vaccine launches, such as H9N2 and avian influenza vaccine (post-manufacturing license expected by December), to enhance export and domestic sales.
  • Pet Care segment expected to grow steadily, leveraging existing capacities without major capex.
  • Anticipated launch of Lumpy Skin Disease (LSD) vaccine in India by mid-next financial year.

2 more points from Hester Biosciences Ltd's call on revenue

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Profitability & Margins

See what Hester Biosciences Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • No major new capex planned for the next 2-3 years in the current segment; existing capacities provide a huge runway based on demand (Rajiv Gandhi, Page 12).
  • Some smaller capex will occur as part of progress and renovations in existing plants, but no large-scale investments anticipated (Rajiv Gandhi, Page 12).
  • Capital work in progress of INR182 crore at India plant expected to be fully capitalized by March, which will significantly enhance production capacity (Priya Gandhi, Page 3).
  • Routine capital expenditure planned for the coming years apart from the existing expansion (Priya Gandhi, Page 9).

2 more points from Hester Biosciences Ltd's call on capex

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Top-ranked in Pharmaceuticals & Biotechnology

Ranked on what management guided this quarter

Guidance-ranked
1KRM Ayurveda
Rev 1Mar 1
2Accretion Pha.
Rev 1Mar 2
3
Rev 1Mar 3
4
Rev 1Mar 3
5
Rev 1Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Hester Biosciences Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • The current quarter witnessed delays in government-led immunization programs for PPR and Lumpy Skin Disease, impacting order execution and causing a 50% degrowth in Animal Healthcare division in Q2.
  • These delays are timing-related and not due to lack of demand; a pickup in orders is anticipated particularly in Q4 as execution timelines normalize.
  • Nepal operations were affected by timing of institutional orders and temporary disturbances but expect institutional execution to resume in H2.
  • There is readiness at Hester Biosciences to meet rollout demands once government programs restart.

Hester Biosciences Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹100 Cr, net profit ₹17 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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    Revenue from Operations for H1FY26: Rs 84.05 crore, a 1% YoY increase from Rs 82.98 crore in H1FY25 (Page 22). Key investor presentation takeaways from Infinium

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Frequently Asked Questions

What were Hester Biosciences Ltd Q2 FY26 results?

Next half of FY26 expected to show stronger performance, covering up for the subdued Q2 results. The company anticipates stronger performance in the second half of FY26, aiming to cover up for a relatively damp Q2.

What is Hester Biosciences Ltd share price analysis?

Hester Biosciences Ltd currently shows a neutral. The stock trades at a P/E of 38.7 with a market cap of ₹2,054 Cr. Investors should review the full earnings analysis for detailed insights.

Is Hester Biosciences Ltd planning capital expenditure?

No major new capex planned for the next 2-3 years in the current segment; existing capacities provide a huge runway based on demand (Rajiv Gandhi, Page 12).

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.