Natco Pharma Q3 Results: Revenue Jumps 36% YoY, PAT Up 14% Amid Mixed 9M FY26
Natco Pharma Q3 FY26 results show revenue rising 36% YoY to ₹647 crore and PAT up 14% to ₹151 crore, with strong formulations exports, losses narrowing in agro chemicals, and a ₹1.50 interim dividend per share. Get key financials, segment highlights, and strategic updates.
by James
Published Feb 12, 2026 | Updated Feb 12, 2026 | 📖 3 min read
Natco Pharma Q3 Results
NATCO Pharma delivered its Q3 FY26 results on February 12, 2026, showing consolidated revenue from operations at ₹647 crore, marking a solid 36 percent jump from ₹475 crore in the same quarter last year, even as total income reached ₹705 crore. Profit after tax came in at ₹151 crore, reflecting a 14 percent year-on-year increase, which feels reassuring for a company navigating the usual ups and downs of the pharma world.
The nine-month picture tells a more mixed story, with revenue inching up to ₹3,339 crore from ₹3,209 crore, yet net profit easing to ₹1,150 crore compared to the stronger prior period, largely because of an exceptionally high base in the previous quarter where one-time factors boosted numbers. On a standalone basis, revenue grew to ₹529 crore in Q3, up from ₹408 crore, while PAT stood at ₹107 crore.
The formulations export business remained the standout performer, driving much of the quarterly momentum, though the agro chemicals segment continued to post losses at ₹10 crore or so, albeit narrower than before.
Shareholders got some welcome news with the board declaring a third interim dividend of ₹1.50 per share, payable later this month. Strategic moves added further color: the company completed its acquisition of a 35.75 percent stake in South Africa's Adcock Ingram, contributing a modest share of profit this quarter, and it announced plans for a new wholly owned subsidiary in Chile to expand its global footprint.
Talks around potentially demerging the agro chemicals business into a separate entity are also underway, a step that could unlock more focused growth in the core pharma operations. Leadership transitions included the appointment of a new CFO and an executive vice president for the pharma division, signaling a fresh chapter as key directors received re-appointments for another year.
For investors tracking natco pharma q3 results, the quarterly revenue surge highlights resilience in the domestic and export formulations segments amid steady demand for complex generics. The QoQ drop from Q2's outsized figures was sharp, as often happens when exceptional items fade, but the underlying business trajectory stays positive with healthy margins around 31 percent on EBITDA including other income.
The company's ongoing investments in international markets and product pipeline suggest it is positioning itself for steadier long-term expansion, even if quarterly swings remind everyone that pharma earnings rarely move in straight lines. Overall, these numbers paint a picture of a firm steadily advancing in a competitive landscape, rewarding patience with consistent dividends and measured global bets.
Below is the official PDF for Natco Pharma Q3 Results
Disclaimer: This article on Natco Pharma Q3 FY26 results is for informational and educational purposes only and is not investment, tax, or legal advice. Financial figures may be updated or revised by the company. Readers should independently verify data and consult a qualified advisor before making any investment decisions.
Natco Pharma Q3 Results - FAQ's
1. What were Natco Pharma’s key Q3 FY26 financial results?
Natco Pharma reported Q3 FY26 consolidated revenue from operations of ₹647 crore and profit after tax of ₹151 crore, reflecting 36% and 14% year-on-year growth respectively.
2. How did Natco Pharma perform over the first nine months of FY26?
For the nine months, revenue was ₹3,339 crore versus ₹3,209 crore last year, while net profit moderated to ₹1,150 crore due to a high base from exceptional gains in the previous period.
3. Which business segments drove Natco Pharma’s Q3 FY26 performance?
The formulations export business was the main growth driver in Q3, whereas the agro chemicals segment continued to post losses of around ₹10 crore, though these were narrower than before.
4. What corporate actions and strategic moves did Natco Pharma announce with Q3 results?
The board declared a third interim dividend of ₹1.50 per share, completed the acquisition of a 35.75% stake in Adcock Ingram, and announced plans for a new wholly owned subsidiary in Chile.
5. Is Natco Pharma considering any restructuring of its businesses?
The company is exploring a potential demerger of its agro chemicals business into a separate entity to allow more focused growth in its core pharmaceutical operations.