Latest news with #SatishWagh
Fashion Value Chain
3 days ago
- Business
- Fashion Value Chain
Supriya Lifescience Q1 FY26 Revenue at Rs 145 Cr
Supriya Lifescience Ltd., a cGMP-compliant API manufacturer with a presence in over 86 countries, has announced its unaudited Q1 FY26 financial results. The company operates across multiple therapeutic categories, including anti-histamine, anti-allergic, vitamin, anaesthetic, and anti-asthmatic segments. Consolidated Financial Results (Q1 FY26 vs Q1 FY25): Revenue: Rs 145.07 crore, down 9.7% YoY (vs Rs 160.63 crore) EBITDA: Rs 51.7 crore (vs Rs 62.54 crore) EBITDA Margin: 35.6% (vs 38.9%) PAT: Rs 34.79 crore (vs Rs 44.64 crore) PAT Margin: 24.0% (vs 27.8%) Quarterly EPS: Rs 4.3 (vs Rs 5.5) Operational Highlights: Anaesthetic segment drove revenue, contributing 53% vs 45% in Q1 FY25. European markets' share rose to 41% from 34% last year. Capacity utilisation improved to 76% in FY26 from 70% in FY25. Acquired three land parcels near existing plants to support future growth. Management Comment: Mr. Satish Wagh, Chairman and Managing Director, stated, 'Our Q1 results reflect temporary impact from necessary repairs at the Lote facility to enhance efficiency and support new product launches. Despite revenue decline, margins stayed robust at 36% owing to backward integration and stronger regulated market contributions. With the Ambernath site nearing commercialisation in Q4, 3–4 new product launches in FY26, and sustained demand across key therapeutic areas, we anticipate recovery in H2 and remain confident of achieving ~20% growth and Rs 1,000 crore revenue by FY27.' Supriya Lifescience continues to strengthen its API portfolio with expansion plans, capacity enhancements, and a focus on regulated markets.
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Business Standard
27-07-2025
- Business
- Business Standard
India-UK deal to help boost chemical exports, manufacturing: CHEMEXCIL
The free trade agreement between India and the UK will help boost the country's chemical exports and domestic manufacturing as a number of product categories from the segment will enjoy duty-free access in Britain, CHEMEXCIL said on Sunday. Chemicals exporters body CHEMEXCIL (Basic Chemicals, Cosmetics and Dyes Export Promotion Council) said that under the trade agreement, more than 1,000 tariff lines (or product categories) from the chemicals sectors are granted zero-duty access to the UK market. This includes key product categories such as organic chemicals, agrochemicals, cosmetics toiletries, essential oil, speciality chemicals, and petrochemicals, CHEMEXCIL Chairman Satish Wagh said. With a 12.4 per cent contribution to the total trade agreement tariff lines, the chemical sector is among the largest beneficiaries of this agreement, strengthening its position in trade policy and classification, he said. India's current chemical exports to the UK stand at USD 570.32 million, accounting for about 2 per cent of India's global chemical exports. "However, the agreement sets the stage for exponential growth. A surge of 30-40 per cent in exports is expected, potentially reaching USD 650-750 million in 2025-26. This growth will be driven by tariff elimination, improved competitiveness, and easier market entry for Indian exporters," Wagh said. While India exports close to USD 30 billion worth of chemicals globally, and the UK imports chemicals worth USD 35.11 billion, India's current share in the UK's import basket is only USD 570 million. "This highlights a significant untapped potential. The FTA will enable Indian exporters to penetrate deeper into the UK market, with reduced cost barriers and enhanced visibility," he said, adding it will promotes supply chain collaboration, enable technology transfer and joint ventures and enhance regulatory cooperation for smoother trade flows. The pact will offer new opportunities to expand market reach, boost exports, and deepen bilateral trade relations with a high-potential market like the United Kingdom, Wagh said.
News18
27-07-2025
- Business
- News18
India-UK trade pact to help boost chemical exports, manufacturing: CHEMEXCIL
New Delhi, Jul 27 (PTI) The free trade agreement between India and the UK will help boost the country's chemical exports and domestic manufacturing as a number of product categories from the segment will enjoy duty-free access in Britain, CHEMEXCIL said on Sunday. Chemicals exporters body CHEMEXCIL (Basic Chemicals, Cosmetics and Dyes Export Promotion Council) said that under the trade agreement, more than 1,000 tariff lines (or product categories) from the chemicals sectors are granted zero-duty access to the UK market. This includes key product categories such as organic chemicals, agrochemicals, cosmetics toiletries, essential oil, speciality chemicals, and petrochemicals, CHEMEXCIL Chairman Satish Wagh said. With a 12.4 per cent contribution to the total trade agreement tariff lines, the chemical sector is among the largest beneficiaries of this agreement, strengthening its position in trade policy and classification, he said. India's current chemical exports to the UK stand at USD 570.32 million, accounting for about 2 per cent of India's global chemical exports. 'However, the agreement sets the stage for exponential growth. A surge of 30-40 per cent in exports is expected, potentially reaching USD 650-750 million in 2025-26. This growth will be driven by tariff elimination, improved competitiveness, and easier market entry for Indian exporters," Wagh said. While India exports close to USD 30 billion worth of chemicals globally, and the UK imports chemicals worth USD 35.11 billion, India's current share in the UK's import basket is only USD 570 million. 'This highlights a significant untapped potential. The FTA will enable Indian exporters to penetrate deeper into the UK market, with reduced cost barriers and enhanced visibility," he said, adding it will promotes supply chain collaboration, enable technology transfer and joint ventures and enhance regulatory cooperation for smoother trade flows. The pact will offer new opportunities to expand market reach, boost exports, and deepen bilateral trade relations with a high-potential market like the United Kingdom, Wagh said. PTI RR HVA view comments First Published: July 27, 2025, 14:00 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
