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Syngene International Q1 Results: Revenue grows 11% YoY to Rs 790 crore, Net profit jumps 59% YoY

Syngene International Q1 Results: Revenue grows 11% YoY to Rs 790 crore, Net profit jumps 59% YoY

Business Upturn23-07-2025
Syngene International Limited reported strong financial results for the quarter ended June 30, 2025 (Q1 FY26), led by higher revenue and improved margins.
For the quarter, the company's revenue from operations rose 11% year-on-year (YoY) to ₹875 crore, compared to ₹790 crore in Q1 FY25. Reported revenue, including other income, stood at ₹892 crore, up 10% YoY.
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) came in at ₹224 crore, growing 19% from ₹188 crore last year. The EBITDA margin improved to 25% from 23% YoY, driven by revenue growth and cost optimization.
Net profit (PAT) surged 59% to ₹87 crore from ₹54 crore in the same quarter last year. The PAT margin expanded to 10% from 7% YoY. Key Financials: YoY comparison Metric Q1 FY25 Q1 FY26 YoY Change (%) Revenue from operations (₹ Cr) 790 875 ↑ 11% Reported revenue (₹ Cr) 808 892 ↑ 10% EBITDA (₹ Cr) 188 224 ↑ 19% EBITDA margin (%) 23 25 ↑ 200 bps Net profit (PAT) (₹ Cr) 54 87 ↑ 59% PAT margin (%) 7 10 ↑ 300 bps
Commenting on the results, Peter Bains, Managing Director and CEO, highlighted that the performance was in line with expectations, supported by continued conversion of pilot programs into longer-term contracts in the Research Services business and progress in the Biologics manufacturing division.
Deepak Jain, CFO, noted that the quarter's profitability also benefitted from a tax credit, and the company maintained a strong balance sheet to invest in capabilities and technology.
Other business highlights included the successful completion of USFDA inspections, inauguration of a state-of-the-art peptide laboratory, and recognition by TIME and Statista as one of the world's most sustainable companies.
Ahmedabad Plane Crash
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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Food and Beverage Sector Demand Creates Significant Market Penetration Opportunities The food and beverage industry represents a high-growth vector for the freeze-drying equipment market, as consumer demand for clean-label, long-shelf-life products intensifies. The market for the end products is projected to expand by an impressive US$ 43.87 billion between 2024 and 2028, with the fruit segment currently dominating. This directly translates to equipment demand across all scales. A home-use Stay Fresh unit has a capacity of 18 pounds of fresh food, while commercial models like the Parker 2 can process 500 pounds per batch. At the industrial level, the Parker 6 handles up to 1500 pounds of wet material. The efficiency of smaller units is also notable, with a medium home dryer capable of removing 0.5 liters of moisture per hour, showcasing the technology's scalability. Total Cost of Ownership Analysis: Unpacking Operational and Energy Metrics A comprehensive assessment of the freeze-drying equipment market must include an analysis of the total cost of ownership (TCO), where energy consumption and operational efficiency are paramount. At the consumer level, the average electricity cost for a single cycle is around $2.88. A medium home unit's freezing cycle operates between 350-400 watts for 4 to 12 hours, consuming 1 to 4 kWh. Pre-freezing food for just 1 hour can reduce this to 0.5 kWh. The main drying cycle, peaking at 1100-1300 watts, takes about 16 hours for an 8-pound batch and consumes 12 kWh. The 7-hour final drying cycle adds another 6 kWh. Overall, a home unit uses 5 to 10 kWh per cycle. In stark contrast, the industrial Parker 2 consumes 730 kWh per 16-hour cycle, and the Parker 6 uses 998 kWh in the global freeze-drying equipment market. Average power consumption ranges from 750-1000 watts for home units, 1500 watts for medium commercial dryers, and can exceed 2000 watts for industrial systems. With a complete cycle taking 20 to 40 hours, these metrics are critical for calculating long-term operational expenditure. Extended Shelf-Life Remains a Core Value Proposition Driving Market Adoption The fundamental benefit of lyophilization—preservation—remains a powerful and enduring market driver. The ability to extend the shelf life of food products to 25 to 30 years under proper storage conditions is a compelling value proposition for consumers focused on emergency preparedness and waste reduction. Furthermore, commercially produced freeze-dried meals are consistently rated to last for up to 25 years. This unique selling proposition ensures a stable and growing demand base, from individual households to large-scale food manufacturers, providing a solid foundation for the market. Explore the Report Before You Buy – Book a Walkthrough: A Regional Analysis of the Dynamic Global Freeze-Drying Equipment Market A geographical breakdown reveals distinct centers of gravity and growth within the global market. The Asia-Pacific region has solidified its position as the market leader, commanding a 35.4% share in 2024. This dominance is actively supported by government bodies across several Asian nations that are providing incentives and investing in the technology to spur industrial development. North America, however, remains a critical and mature market, holding a substantial share of over 42% in 2024. Within this region, the United States is the primary engine of growth, accounting for a remarkable 88.90% of the total North American market, a testament to its advanced pharmaceutical and food processing infrastructure. Global Freeze Drying Equipment Market Major Players: Azbil Corporation Buchi Corporation GEA Group Harvest Right Cuddon Freeze Dry Harvest Right Hitachi, Ltd. Labconco IMA SpA Martin Christ Gefriertrocknungsanlagen GmbH Millrock Technology, Inc. Optima Packaging Group GmbH Shanghai Tofflon Science and Technology Co., Ltd. Scala Scientific SP Industries Syntegon Senovatec Freeze Drying Systems Pvt. Ltd. ULVAC Inc. ZIRBUS technology GmbH Key Market Segmentation: By Equipment Type Bench-top freeze-dryers Tray-style freeze dryers Manifold freeze dryers Rotary freeze dryers Mobile freeze dryers Parts & Accessories By Operation Industrial freeze dryers Commercial freeze dryers Laboratory freeze dryers Pilot scale freeze dryers By Capacity <10 Kg 10-150 Kg 151-500 kg 501-1000 kg >1000 Kg By Application Biotechnology Chemicals & Pharmaceuticals Food Processing and Packaging Dairy Vegetable & Meat Nutraceuticals Other Farm & Agri products Healthcare/ Medical Others (Research, Preservation) By Region North America Europe Asia Pacific Middle East Africa South America Need a Customized Version? Request It Now: About Astute Analytica Astute Analytica is a global market research and advisory firm providing data-driven insights across industries such as technology, healthcare, chemicals, semiconductors, FMCG, and more. We publish multiple reports daily, equipping businesses with the intelligence they need to navigate market trends, emerging opportunities, competitive landscapes, and technological advancements. With a team of experienced business analysts, economists, and industry experts, we deliver accurate, in-depth, and actionable research tailored to meet the strategic needs of our clients. At Astute Analytica, our clients come first, and we are committed to delivering cost-effective, high-value research solutions that drive success in an evolving marketplace. Contact Us:Astute AnalyticaPhone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World)For Sales Enquiries: sales@ Follow us on: LinkedIn | Twitter | YouTube CONTACT: Contact Us: Astute Analytica Phone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World) For Sales Enquiries: sales@ Website: in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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