PGHL's operating margin topped the healthcare peer median by 5.30 points
Other income of Rs 35.68 cr supported profit before tax, while the quarter's 25.53% tax rate shaped net profit.
Filed 06 Aug 2026, 13:58 IST · Procter & Gamble Health Ltd (PGHL)
Key takeaways
- Standalone operating margin of 27.38% was 5.30 percentage points above the healthcare peer median across 46 reported companies.
- Other income of Rs 35.68 cr made a notable contribution to standalone profit before tax of Rs 129.12 cr.
- Standalone net profit was Rs 96.15 cr after tax at 25.53%, with EPS of Rs 57.92.
Price around the results
Operating margin stayed ahead of healthcare peers
Procter & Gamble Health reported standalone operating margin of 27.38% in Q1FY27. That was 5.30 percentage points above the 22.08% median for the 46 healthcare companies that had reported the quarter, placing PGHL above the sector midpoint.
Other income was an important profit bridge
Other income of Rs 35.68 cr supplemented standalone operating profit of Rs 99.60 cr and helped lift profit before tax to Rs 129.12 cr. Interest was only Rs 0.14 cr, while depreciation was Rs 6.02 cr, so the main non-operating support came from other income rather than financing gains. Tax of Rs 32.97 cr at a 25.53% rate resulted in net profit of Rs 96.15 cr.
No quarter-on-quarter or year-on-year comparison is available
The reported quarter provides no sequential or year-on-year comparison in the available results, so the direction of revenue, costs and operating margin cannot be assessed here. The standalone result is therefore best read through its current margin position and the contribution from other income.
Q1FY27 at a glance
Standalone figures as filed with NSE — cross-checked against an independent source.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹364 cr |
| Other income | ₹36 cr |
| Expenses | ₹264 cr |
| Operating profit | ₹100 cr |
| Operating margin (%) | 27.38% |
| Interest | ₹0 cr |
| Depreciation | ₹6 cr |
| Profit before tax | ₹129 cr |
| Tax | ₹33 cr |
| Net profit | ₹96 cr |
| EPS (₹) | ₹57.92 |
Operating margin of 27.38% compares with a Healthcare sector median of 22.08% across 46 peers that have reported Q1FY27.
What to watch
- Whether standalone operating margin holds above 27.38%.
- Whether other income remains a meaningful contributor alongside Rs 99.60 cr of operating profit.
- Whether the tax rate remains around 25.53%.