Shukra Pharmaceuticals reports 42.31% operating margin in Q2FY27
The margin was 20.91 percentage points above the Healthcare median across 69 reported peers, while other income was only Rs 0.57 cr.
Filed 04 Nov 2026, 20:52 IST · after market close · Shukra Pharmaceuticals Ltd (SHUKRAPHAR)
Key takeaways
- Shukra Pharmaceuticals reported a 42.31% consolidated operating margin in Q2FY27, 20.91 percentage points above the Healthcare peer median.
- Other income of Rs 0.57 cr was small against Rs 17.83 cr of consolidated profit before tax, limiting the role of non-operating income.
- Net profit was Rs 12.71 cr after a 28.7% tax rate, with no comparative tax-rate change to indicate whether taxes affected the quarter's profit growth.
Price around the results
Operating margin stands well above Healthcare peers
On a consolidated basis, Q2FY27 operating margin was 42.31%, with operating profit of Rs 18.7 cr on revenue of Rs 44.2 cr. That was 20.91 percentage points above the 21.4% median for 69 Healthcare peers that had reported the quarter. Shukra Pharmaceuticals ranked 68th from the bottom on operating margin among those companies.
Profit was mainly operating in nature
Other income of Rs 0.57 cr was modest compared with profit before tax of Rs 17.83 cr, so non-operating income was not the main source of reported profit. Interest was Rs 0.33 cr and depreciation was Rs 1.12 cr, while the tax rate was 28.7%.
After-close filing leaves market response pending
The consolidated results were filed after market close on 04 Nov 2026 at 20:52 IST. The immediate share-price response is therefore not part of this report.
Q2FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q2FY27 |
|---|---|
| Revenue | ₹44 cr |
| Other income | ₹1 cr |
| Expenses | ₹26 cr |
| Operating profit | ₹19 cr |
| Operating margin (%) | 42.31% |
| Interest | ₹0 cr |
| Depreciation | ₹1 cr |
| Profit before tax | ₹18 cr |
| Tax | ₹5 cr |
| Net profit | ₹13 cr |
| EPS (₹) | ₹0.29 |
Operating margin of 42.31% compares with a Healthcare sector median of 21.40% across 69 peers that have reported Q2FY27.
What to watch
- Whether operating margin holds above 42.31%.
- Whether other income remains modest relative to Rs 17.83 cr of profit before tax.
- Whether the tax rate moves from 28.7%.