FDC's 21.42% margin trails healthcare peer median in Q1FY27
Other income of Rs 47.66 cr supported consolidated pre-tax profit of Rs 174.70 cr, while the tax rate was 24.16%.
Filed 05 Aug 2026, 14:50 IST · FDC Ltd (FDC)
Key takeaways
- FDC's consolidated operating margin was 1.12 percentage points below the healthcare peer median in Q1FY27.
- Other income of Rs 47.66 cr made a meaningful contribution to consolidated profit before tax of Rs 174.70 cr.
- A reported tax rate of 24.16% left consolidated net profit at Rs 132.49 cr, with EPS of Rs 8.14.
Price around the results
Operating margin lands below healthcare peers
FDC generated consolidated operating profit of Rs 143.00 cr from revenue of Rs 667.69 cr, translating to a 21.42% operating margin. The margin was 1.12 percentage points below the 22.54% median for the 42 healthcare peers that had reported.
Other income supported the earnings bridge
Other income of Rs 47.66 cr was a meaningful contributor to consolidated profit before tax of Rs 174.70 cr. Interest expense was Rs 0.83 cr, while the reported tax rate was 24.16%, leaving consolidated net profit at Rs 132.49 cr.
Q1FY27 earnings quality rests on operating conversion
The quarter's consolidated earnings reflect both Rs 143.00 cr of operating profit and the additional contribution from other income. With no comparative growth or multi-quarter trend in the reported set, the 21.42% operating margin and Rs 47.66 cr of other income are the clearest markers for assessing the next result.
Q1FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹668 cr |
| Other income | ₹48 cr |
| Expenses | ₹525 cr |
| Operating profit | ₹143 cr |
| Operating margin (%) | 21.42% |
| Interest | ₹1 cr |
| Depreciation | ₹15 cr |
| Profit before tax | ₹175 cr |
| Tax | ₹42 cr |
| Net profit | ₹132 cr |
| EPS (₹) | ₹8.14 |
Operating margin of 21.42% compares with a Healthcare sector median of 22.54% across 42 peers that have reported Q1FY27.
What to watch
- Whether operating margin holds above 21.42%.
- Whether other income remains near Rs 47.66 cr.
- Whether the tax rate stays close to 24.16%.