Wockhardt Limited — Quarter and year ended 31 March 2026 (reported on 4 May 2026)
| PARTICULARS | 3 MONTHS ENDED 31/03/2026 | 3 MONTHS ENDED 31/12/2025 | 3 MONTHS ENDED 31/03/2025 | YEAR ENDED 31/03/2026 | YEAR ENDED 31/03/2025 |
|---|---|---|---|---|---|
| (Refer notes below) | Audited (Refer note 3) | Unaudited | Audited (Refer note 3) | Audited | Audited |
| 1 Income | |||||
| (a) Revenue from operations | 516 | 430 | 355 | 1,739 | 1,402 |
| (b) Other income | 55 | 27 | 14 | 137 | 55 |
| Total income | 571 | 457 | 369 | 1,876 | 1,457 |
| 2 Expenses | |||||
| (a) Cost of materials consumed | 79 | 81 | 76 | 309 | 310 |
| (b) Purchase of stock-in-trade | 40 | 67 | 44 | 198 | 172 |
| (c) Changes in inventories of finished goods, stock-in-trade and work-in-progress | 1 | (38) | (35) | (92) | (46) |
| (d) Employee benefits expense | 79 | 78 | 64 | 313 | 262 |
| (e) Finance costs | 41 | 50 | 40 | 176 | 199 |
| (f) Depreciation and amortisation expense | 43 | 52 | 40 | 186 | 168 |
| (g) Other expenses | 156 | 129 | 100 | 494 | 404 |
| Total expenses | 439 | 419 | 329 | 1,584 | 1,469 |
| 3 Profit/(Loss) before exceptional items and tax (1-2) | 132 | 38 | 40 | 292 | (12) |
| 4 Exceptional items- credit/(charge) – refer note 2 | 35 | (10) | – | 25 | – |
| 5 Profit/(Loss) before tax (3 ± 4) | 167 | 28 | 40 | 317 | (12) |
| 6 Tax expense: | |||||
| Current tax | – | – | – | – | – |
| Deferred tax | – | – | – | – | – |
| 7 Net Profit/(Loss) after tax (5 ± 6) | 167 | 28 | 40 | 317 | (12) |
| 8 Other Comprehensive Income: | |||||
| i) Items that will not be reclassified to Profit or Loss – credit/(charge) (consisting of re-measurement of net defined benefit liability) | 1 | (1) | (0.13) | 0.08 | (1) |
| ii) Income tax relating to items that will not be reclassified to Profit or Loss | – | – | – | – | – |
| iii) Other Comprehensive Income (net of tax) (8i ± 8ii) | 1 | (1) | (0.13) | 0.08 | (1) |
| 9 Total Comprehensive Income (7 ± 8(iii)) | 168 | 27 | 40 | 317 | (13) |
| 10 Paid-up equity share capital (face value of Rs. 5/- each) | 81 | 81 | 81 | 81 | 81 |
| 11 Other Equity excluding Revaluation Reserves as per balance sheet | 3,003 | 2,682 | |||
| 12 Earnings per share (face value of Rs. 5/- each) (*not annualised) | |||||
| (a) Basic (Rs.) | 10.29* | 1.73* | 2.47* | 19.54 | (0.76) |
| (b) Diluted (Rs.) | 10.28* | 1.73* | 2.47* | 19.52 | (0.76) |
| PARTICULARS | As at 31/03/2026 Audited | As at 31/03/2025 Audited |
|---|---|---|
| A) ASSETS | ||
| 1. Non-Current assets | ||
| (a) Property, plant and equipment | 907 | 983 |
| (b) Right of use assets | 221 | 257 |
| (c) Capital work-in-progress | 121 | 79 |
| (d) Intangible assets | 224 | 36 |
| (e) Intangible assets under development | 1,276 | 1,181 |
| (f) Financial assets | ||
| (i) Investments in subsidiaries | 297 | 297 |
| (ii) Other Investments * | 0 | 0 |
| *Rs. 0.45 crore (Previous year – Rs. 0.45 crore) | ||
| (iii) Other non-current financial assets | 73 | 52 |
| (g) Deferred tax assets (Net) | 250 | 250 |
| (h) Non-current tax assets (Net) | 78 | 75 |
| (i) Other non-current assets | 107 | 104 |
| Sub-total- Non-current assets | 3,554 | 3,314 |
| 2. Current assets | ||
| (a) Inventories | 533 | 426 |
| (b) Financial assets | ||
| (i) Investments | 412 | 422 |
| (ii) Trade receivables | 846 | 612 |
| (iii) Cash and cash equivalents | 76 | 35 |
| (iv) Bank balances (other than Cash and cash equivalents) | 31 | 78 |
| (v) Other current financial assets | 103 | 85 |
| (c) Other current assets | 289 | 332 |
| Sub-total – Current assets | 2,290 | 1,990 |
| 3. Assets held-for-sale | 91 | 104 |
| TOTAL ASSETS | 5,935 | 5,408 |
| B) EQUITY AND LIABILITIES | ||
| 1. Equity | ||
| (a) Equity share capital | 81 | 81 |
| (b) Other Equity | 3,003 | 2,682 |
| Sub-total- Equity | 3,084 | 2,763 |
| 2. Liabilities | ||
| I. Non-Current liabilities | ||
| (a) Financial liabilities | ||
| (i) Borrowings | 1,244 | 937 |
| (ii) Lease Liabilities | 141 | 195 |
| (b) Provisions | 40 | 30 |
| Sub-total- Non-current liabilities | 1,425 | 1,162 |
| II. Current liabilities | ||
| (a) Financial liabilities | ||
| (i) Borrowings | 501 | 590 |
| (ii) Lease Liabilities | 78 | 74 |
| (iii) Trade payables | ||
| a. Total outstanding dues of micro enterprises and small enterprises | 85 | 47 |
| b. Total outstanding dues of creditors other than micro enterprises and small enterprises | 418 | 429 |
| (iv) Other current financial liabilities | 189 | 93 |
| (b) Other current liabilities | 120 | 218 |
| (c) Provisions | 33 | 30 |
| (d) Current tax liabilities (Net) | 2 | 2 |
| Sub-total- Current liabilities | 1,426 | 1,483 |
| Total Liabilities | 2,851 | 2,645 |
| TOTAL EQUITY AND LIABILITIES | 5,935 | 5,408 |
| PARTICULARS | YEAR ENDED 31/03/2026 | YEAR ENDED 31/03/2025 |
|---|---|---|
| Audited | Audited | |
| Cash flow from/(used in) Operating activities | ||
| Profit/(Loss) before tax | 317 | (12) |
| Adjustments for: | ||
| Depreciation and amortisation expense | 186 | 168 |
| Allowance for expected credit loss, doubtful advances and bad debts | 17 | 9 |
| Profit on sale of fixed assets (net) | (55) | (3) |
| Gain on sale of investments | (17) | (11) |
| Finance costs | 176 | 199 |
| Foreign exchange fluctuation gain, net | (32) | (4) |
| Interest income | (7) | (9) |
| Employee share based payments expenses | 4 | 1 |
| Liabilities no longer required written back | – | (22) |
| Fair valuation impact on investments | (13) | (7) |
| Operating profit before working capital changes | 576 | 309 |
| Movements in Working capital | ||
| Increase in Inventories | (107) | (105) |
| Increase in Trade receivables | (202) | (42) |
| Decrease/(Increase) in Loans and Advances and other assets | 26 | (167) |
| (Decrease)/Increase in Liabilities and provisions | (57) | 70 |
| Increase/(Decrease) in Trade payables | 8 | (106) |
| Cash from/(used in) operations | 244 | (41) |
| Income tax (paid)/refund (net) | (3) | 27 |
| Net cash inflow/(outflow) from Operating activities | 241 | (14) |
| Cash flow from/(used in) Investing activities | ||
| Purchase of property, plant and equipment and capital work-in progress | (86) | (41) |
| Proceeds from sale of property, plant and equipment, including Asset held- for-sale | 53 | 10 |
| Guarantee commission received | 3 | 36 |
| Purchase of Intangible assets and Intangible assets under development | (234) | (463) |
| Sale/(Purchase) of current investments (net) | 39 | (404) |
| Margin money under lien and Bank balances (other than cash and cash equivalents) | 29 | (41) |
| Interest received | 3 | 3 |
| Net cash outflow from Investing activities | (193) | (900) |
| Cash flow from/(used in) Financing activities | ||
| Proceeds from Issuance of Equity share capital under Qualified Institutional Placement (QIP), net | – | 983 |
| Transaction cost related to QIP/Right Issue concluded during earlier years | – | (1) |
| Proceeds from Issuance of Equity share capital under ESOS [ Rs. 0.003 crore (Previous year- Rs. 0.02 crore)] |
0 | 0 |
| Proceeds from Long-term borrowings | 600 | 50 |
| Repayment of Long-term borrowings | (99) | (97) |
| Short-term borrowings (net) | (50) | (288) |
| Loans from Related parties – Long term | 137 | 380 |
| Repayment of loans taken from Related parties – Long term | (325) | (333) |
| Repayment of loans taken from Related parties – Short term | (42) | (45) |
| Repayment of Lease liabilities (refer note 2 below) | (79) | (75) |
| Finance costs paid | (149) | (88) |
| Net cash (outflow)/inflow from Financing activities | (7) | 486 |
| Net Decrease in Cash and Cash equivalents | 41 | (428) |
| Cash and cash equivalents as at the beginning of the year | 35 | 463 |
| Cash and cash equivalents as at the end of the year | 76 | 35 |
| As at 31/03/2026 | As at 31/03/2025 | |
|---|---|---|
| Cash and cash equivalents as per above comprise of the following: | ||
| Cash | – | – |
| Balance with banks: | ||
| – in current account | 76 | 35 |
| Balance as per the Statement of cash flows | 76 | 35 |
| PARTICULARS | 3 MONTHS ENDED 31/03/2026 Audited (Refer note 5) |
3 MONTHS ENDED 31/12/2025 Unaudited |
3 MONTHS ENDED 31/03/2025 Audited (Refer note 5) |
YEAR ENDED 31/03/2026 Audited |
YEAR ENDED 31/03/2025 Audited |
|---|---|---|---|---|---|
| 1 Income | |||||
| (a) Revenue from operations | 965 | 888 | 743 | 3,373 | 3,012 |
| (b) Other income | 45 | 25 | 15 | 111 | 62 |
| Total Income | 1,010 | 913 | 758 | 3,484 | 3,074 |
| 2 Expenses | |||||
| (a) Cost of materials consumed | 177 | 170 | 159 | 674 | 612 |
| (b) Purchase of stock-in-trade | 156 | 161 | 148 | 586 | 573 |
| (c) Changes in inventories of finished goods, Stock-in-Trade and work-in-progress | (15) | (14) | (47) | (128) | (53) |
| (d) Employee benefits expense | 187 | 181 | 166 | 725 | 651 |
| (e) Finance costs | 50 | 60 | 48 | 213 | 254 |
| (f) Depreciation and amortisation expense | 53 | 65 | 53 | 227 | 217 |
| (g) Exchange fluctuation loss, net | (29) | (4) | 15 | (22) | 4 |
| (h) Other expenses | 264 | 217 | 238 | 886 | 832 |
| Total Expenses | 843 | 836 | 780 | 3,161 | 3,090 |
| 3 Profit /(Loss) before exceptional items and tax (1-2) | 167 | 77 | (22) | 323 | (16) |
| 4 Exceptional items- charge (Note 4) |