Sai Parenteral's

Sai Parenterals reported consolidated revenue from operations of ₹178.7 crore and profit after tax of ₹7.9 crore for the June 2026 quarter, compared with ₹33.4 crore and ₹1.4 crore a year earlier. The company had raised ₹285 crore in an April IPO to support a ₹440 crore capex programme. The board approved redirecting ₹83.83 crore of the IPO proceeds from upgrades at Units I and II to acquire 60% of Saicriti Pharma, which was developing a critical-care sterile-injectables facility in Hyderabad with an estimated cost of ₹214.96 crore. It also approved using the R&D allocation for a 60% cash acquisition of Prathyak Laboratories, an R&D platform at Genome Valley; the filing gave the allocation as ₹18.02 crore and the acquisition cost as ₹15 crore. Sai Parenterals approved a wholly owned US subsidiary and shareholder votes on material related-party transactions involving Sai Singapore and Noumed Pharmaceuticals. Anil Kumar Karusala and Vijitha Gorrepati were reappointed as managing and whole-time directors respectively, while Kunal Kakumanu was appointed executive director; Aruna Karusala resigned as a non-executive director and Shivali Aggarwal as company secretary, with her departure due by 12 October.

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Sai Parenterals’ board approved, subject to shareholder consent, a reallocation of ₹101.86 crore of IPO proceeds. ₹83.83 crore originally earmarked for upgrading Units I and II was directed towards acquiring 60% of Saicriti Pharma, which was developing a sterile-injectables facility at Gummadidala, Hyderabad, while ₹18.02 crore intended for an R&D centre was directed towards a 60% stake in Prathyak Laboratories. Prathyak had an R&D platform at Genome Valley and a portfolio of 124 products under development, with both acquisitions targeted for completion before 30 October 2026. The reallocation altered a ₹440 crore expansion programme approved in September 2025 for EU-GMP upgrades, an R&D centre and an Adelaide facility. The board also approved a US step-down subsidiary, proposed related-party transactions with Sai Singapore and Noumed, and accepted the resignations of a non-executive director and the company secretary. Consolidated revenue for the June quarter was ₹178.67 crore, against ₹33.39 crore a year earlier, while profit after tax was ₹7.92 crore versus ₹1.42 crore.

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** Shares of Sai Parenteral's SAIP.NS rise as much as 15.3% to a record high of 706 rupees

** Stock gains after company says its subsidiary, Noumed Pharmaceuticals, has renewed an over-the-counter medicine supply agreement with Australia's leading pharmacy networks

** Says contract is valued at about 13 billion rupees($136.88 million)

** More than 42,587 shares change hands vs 30-day avg of 345,845 shares

** Stock up 57.5% since its listing in February

(Reporting by Payel Das in Bengaluru)

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Sai Parenterals Ltd's subsidiary, Noumed Pharmaceuticals Pty Ltd, has signed an exclusive long-term contract with Australia's largest pharmacy network to supply over-the-counter medicines, the company said on Tuesday. The deal is valued at Australian dollars 202 million, or about 1,300 crore rupees, and will run for seven-and-a-half years with an option to extend by an additional three years upon mutual consent. The agreement, which took effect on July 1, marks a significant deepening of the Hyderabad-based drugmakers presence in the Australian market after its acquisition of Noumed last November. At roughly 3.4 times the companys reported consolidated revenue of 381 crore rupees for the financial year just ended, the contract provides transformational scale and multi-year revenue visibility.

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July 1 (Reuters) - Sai Parenteral's Ltd SAIP.NS:

• UNIT SIGNS AUD 202 MILLION OTC SUPPLY AGREEMENT WITH AUSTRALIA PHARMACY NETWORK

Source text: ID:nBSE5WGBwz

Further company coverage: SAIP.NS

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April 20 (Reuters) - Sai Parenteral's Ltd SAIP.NS:

• SAI PARENTERAL'S - APPROVES LOAN UP TO AUD 1.75 MILLION TO SAI SINGAPORE

Source text: ID:nBSE7KR6R2

Further company coverage: SAIP.NS

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