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Earnings · Pharmaceuticals · Mid cap

FDC ends FY26 with 2.7% revenue growth as Q4 profit surges

FDC reported a strong final quarter with revenue up 17% and profit up 122%, though annual figures remained modest.

1 earlier story on FDC Ltd.
Mkt cap₹6,884 cr
P/E31.77×
ROE11.70%
Debt / eq.0.00
Div yld1.24%
122% YoY Q4 profit growth, driven by a strong finish to the fiscal year.

What's new

  • Annual revenue grew 2.7% while profit rose 4.5% for FY26.
  • Q4 revenue climbed 17% and profit jumped 122% compared to the same period last year.
  • The company booked a one-time exceptional charge of ₹20.79 cr for labour code changes.

Why this matters

The quarterly surge provides a positive close to an otherwise flat fiscal year. Investors should note the impact of the ₹20.79 cr exceptional charge, which weighed on the annual bottom line.

What we're watching

  • Whether the Q4 momentum carries into the new fiscal year.
  • Management commentary on the impact of labour code adjustments.
  • Sustainability of the recent profit gains.

The full read

FDC closed FY26 with mixed results. Annual revenue grew by a modest 2.7% and profit by 4.5%.

Then came the final quarter. Q4 revenue climbed 17% and profit surged 122% year-on-year, even after accounting for a one-time exceptional charge of ₹20.79 crore related to labour code changes. The auditors provided an unmodified opinion on the financials. This was a routine earnings disclosure, and the market had largely anticipated these figures. There were no unexpected strategic shifts or material surprises.

It is a late-stage recovery. The primary takeaway is a strong finish to a year of otherwise slow growth.

Questions answered

How did FDC perform for the full fiscal year?
FDC saw moderate growth with annual revenue rising 2.7% and profit increasing 4.5%.
What drove the significant jump in Q4 profit?
The company reported a 122% increase in Q4 profit compared to the same period last year, alongside a 17% rise in quarterly revenue.
Did any one-time items affect the results?
Yes, the company recorded an exceptional charge of ₹20.79 crore related to changes in labour codes.
What is the auditor's view on these results?
The auditors issued an unmodified opinion on both the standalone and consolidated financial statements.
Mentioned: FDC Ltd. · FY26 · Q4
Primary source BSE · NSE

An independent reading of the company's own disclosure — the primary filing above is the final word.

Story so far

All notes on FDC →
  1. 27 May 2026 · 3:15 PM IST FDC ends FY26 with 2.7% revenue growth as Q4 profit surges
  2. today FDC Ltd. closes FY26 with modest growth and a strong Q4 finish