Jubilant Pharmova Limited · NSE:JUBLPHARMA

Jubilant Pharmova — Q1 FY2026 Earnings Presentation

78 slides from Jubilant Pharmova's earnings presentation, 2025

  1. Slide 1: Earnings Presentation Q1'FY26

    Earnings Presentation Q1’FY26

  2. Slide 2: Forward-looking statements disclaimer

    Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential product characteristics and uses, product sales potential and target dates for product

  3. Slide 3: Strong presence in diverse sectors

    Strong presence in diverse sectors • Pharmaceuticals • Contract Research & Development Services • Life Science Ingredients • Therapeutics • Performance Polymers • Auto Dealerships • Food Service (QSR) • Oil and Gas services Global presence through investments • India • Europe • Africa • USA • Singap

  4. Slide 4: Business segments overview

    Radiopharma Allergy Immunotherapy CDMO Sterile Injectables Leading manufacturer 2nd largest player Leading contract manufacturer of Radiopharmaceuticals in the US Allergenic extract market in North America in North America Sole supplier of Venom Serves top global innovator pharma 2nd largest radioph

  5. Slide 5: Business and currency wise revenue split

    Business wise Revenue Split Currency wise Revenue Split Q1’FY26 Q1’FY26 Generics, 9% Rest, 7% Allergy Immunotherapy, 10% CRDMO, Radiopharma, 16% 46% CDMO - SI, USD, 93% 19% Specialty Products (Radiopharma, Allergy Immunotherapy) and Specialty Services (CDMO & CRDMO) Majority revenues are contribute

  6. Slide 6: Geography wise revenue split and origin of goods

    Geography wise Revenue Split Origin of Goods & Services sold in the US Q1’FY26 Q1’FY26 Goods & Services from India, Rest of 15%* World, 21% Goods & Services from Canada, 17%* Goods & Services USA, 79% from US , 68% US market constitutes Goods from Canada (Radiopharmaceuticals) exempted from majority

  7. Slide 7: Manufacturing and research facilities

    Kirkland, Montreal, Canada Spokane, Washington, US CDMO – SteriIe Injectables Radiopharmaceuticals CDMO – SteriIe Injectables Allergy Immunotherapy NORTH AMERICA 6 Manufacturing facilities Roorkee, Uttrakhand, India - Generics Nanjangud, Karnataka, India - CDMO API 3 INDIA Research facilities & EURO

  8. Slide 8: 2x Revenue, 25% EBITDA Margin, Zero Net Debt

    From To Actual FY24 FY30 Trailing 12 Months 2x Revenue Rs. 6,703 Cr. Rs. 13,500 Cr. Rs. 7,404 Cr. 25% EBITDA Margin ~ 15 % 23% to 25% 17% Rs. 1,535 Cr. Zero Net Debt Rs. 2,457 Cr. Zero End of Q1’FY26 12%* High Teens RoCE High Single digit High Teens Q1’FY26 Annualised • ( EBIT before exceptional ite

  9. Slide 9: Business Growth Drivers

    Business Growth Drivers Leadership in Ruby-Fill® Radiopharma Launch New PET, SPECT and Therapeutic products (MIBG) Invest in 6 high margin PET Radiopharmacies in US Allergy immunotherapy Strengthen competitive position and develop new products CDMO - Sterile Injectables Double capacity in Spokane, U

  10. Slide 10: Radiopharma

    Radiopharma

  11. Slide 11: Radiopharmaceuticals growing role in treating life-threatening diseases

    SPECT PET Radiopharmaceutical Imaging Imaging Therapeutics Low Energy High Energy Systemically or Locally gamma rays positrons Delivered detected by SPECT cameras detected by a PET scanner radiation using pharmaceuticals Isotopes - Tc99m Isotopes - Rb82, F18, Ga68 Isotopes – I131, Lu177, Ac225 MAA,

  12. Slide 12: US Radiopharmaceutical Market Growth Drivers & Trends

    US Radiopharmaceutical Market Growth Drivers & Trends USD Bn. ~ 20 Launch of advanced • PSMA Therapeutic, Pluvicto for Prostrate Cancer ~USD 2.0 Bn. Therapies CAGR: New • PSMA Diagnostics for Prostrate Cancer ~ USD 1.5 Bn. 20%+ • Broad range of applicability e.g. Alzheimer’s products in • Special re

  13. Slide 13: Stringent manufacturing and regulatory environment

    Stringent manufacturing & regulatory environment Adherence with extensive license framework. Stringent manufacturing set up required to handle isotopes Managing time sensitive Forward integration logistics with radiopharmacies Radioactive isotope decays Forward integration with exponentially. The ha

  14. Slide 14: PET and SPECT diagnostic products

    Organ Key Indication Product PET Dx Cardiac Coronary Artery disease Ruby - Fill® Breast Lymph nodes detection Sulfur Colloid Cardiac blood pool imaging Tc99m-Gluceptate Cardiac • Diversified across diagnostics & therapeutics Coronary Artery Disease Tc99m-Sestamibi • Current TAM at USD 400 Mn. Gastro

  15. Slide 15: Draximage MAA, DTPA, Ruby-Fill, HICON

    Draximage ® MAA Draximage ® DTPA Ruby-Fill ® HICON® Sodium Iodine I 131 Solution USP It is used for Cardiac PET scan, MAA is used in the perfusion DTPA is used to assess HICON® is a radioactive to evaluate regional myocardial phase of a ventilation/perfusion pulmonary ventilation function in therape

  16. Slide 16: Radiopharmaceuticals quarterly results

    Particulars ( Rs. Cr.) Q1’FY25 Q4’FY25 Q1’FY26 Y-o-Y • Q1’FY26 revenue grew on back of growth in Ruby-Fill ® and Sulfur Colloid Revenue 262 296 271 3% • Q1’FY26 EBITDA stable YoY EBITDA 126 136 126 0% EBITDA Margin (%) 48% 46% 46% (150) bps 16

  17. Slide 17: Radiopharmaceuticals FY30 targets

    Revenue: Growth & Margins to improve on the back More than 2x of FY24 of new products introduction EBITDA Margin: More than 50% Growth drivers: • Ruby-Fill® Revenue: Rs. 1,083 Cr. EBITDA Margin: 47% Revenue: Rs. 1,074 Cr. • New PET & EBITDA Margin: 47% SPECT products Revenue: Rs. 952 Cr. EBITDA Marg

  18. Slide 18: Ruby-Fill Rubidium generator and elution system

    Ruby-Fill ® Rubidium 82 generator and Elusion System Growth drivers: Competitive advantage • Ruby-Fill® • Longer life per generator (7 weeks vs 6 weeks for peer) • New PET & SPECT • Better image quality and consistency products • Constant Activity • MIBG Current Position • Market Size ~ USD 180 Mn.

  19. Slide 19: New products in SPECT and PET imaging

    Developing new products in SPECT Imaging to maintain leadership & in PET Imaging for growth Growth drivers: • Ruby-Fill® Incremental TAM Potential Peak Annual Timeline No. of launches • New PET & SPECT USD Mn. Sales - USD Mn. products FY27 50 20 2 • MIBG FY28 250 60 3 FY29 250 40 4 Total 550 120 9 1

  20. Slide 20: MIBG and HICON Sodium Iodide I 131

    HICON® Sodium Iodide I 131 - Commercialised MIBG - Undergoing Clinical trials Growth drivers: • Ruby-Fill® • Potential peak sales • New PET & SPECT USD 70 - 100 Mn. products • Data package to FDA • MIBG by H2’FY26 • Iodine I 131, HICON® is standard care for patients • Used in imaging & treatment for

  21. Slide 21: Radiopharmacy

    m \sm 93 | oa \ os \ a \8 Vp \ Pu \ Am \Gm \ 8 \eptunium, ae \ Americium \ Cuwurn | Barkan |\Cadon

  22. Slide 22: Radiopharmacy Growth Drivers & Trends

    Growth Drivers & Trends SPECT Radiopharmacy PET Radiopharmacy • Consolidated market in the US. Large M&A transactions in Radiopharmacies • Increasing demand for novel PET products driving PET radiopharmacies growth • Stringent USP 825 regulations to drive increase in therapeutics dispensing through

  23. Slide 23: Consolidated market and barriers to entry

    Consolidated Market Barriers to Entry 1 Stringent Regulations # of radio SPECT PET # of hospitals Each treatment site is required to obtain a license pharmacies in the US pharmacies pharmacies served in the US from Nuclear Regulatory Commission and comply with additional state, local, and hospital r

  24. Slide 24: Radiopharmacy network in the US

    nd 45 Current SPECT Current Cyclotron 6 New PET SITES Radiopharmacies USP<825> JDR network is USP 825 with ~ 20% WD compliant Portland volume market MT ND ME share OR MN VT ID Saginaw NH SD WI NY Business moat 1,800 Minneapolis Boston Detroit Wilkes WY MI Barre Phila- RI Unique combination of delphi

  25. Slide 25: Radiopharmacies quarterly results

    Particulars ( Rs. Cr.) Q1’FY25 Q4’FY25 Q1’FY26 Y-o-Y • Q1’FY26 revenue grew YoY on the back of increase in volume from new PET products Revenue 570 600 598 5% • Q1’FY26 EBITDA lower YoY due to increase in competitive intensity in SPECT radiopharmacies EBITDA 13 6 10 (22%) EBITDA Margin (%) 2% 1% 2%

  26. Slide 26: Radiopharmacies FY30 targets

    Revenue: Growth on track 2x of FY24 Margins to improve as PET Pharmacy EBITDA Margin: revenues increase ~ 7% to 8% Revenue: Rs. 2,342 Cr. Revenue: Rs. 2,314 Cr. EBITDA Margin: 1% EBITDA Margin: 1% Revenue: Rs. 2,050 Cr. EBITDA Margin: 3% FY24 FY25 TTM FY30 26

  27. Slide 27: PET radiopharmacy expansion

    Growth driver: • PET expansion • Strengthened network to enable long term contracts with PET radiopharmaceutical manufacturers • Fully operational by FY28. Funding through internal accruals and long-term credit • Expect Asset turnover of 1.0x and RoCE 20% + on the USD 50 Mn. investment Continue to i

  28. Slide 28: Allergy Immunotherapy

    Allergy Immunotherapy

  29. Slide 29: Allergies Testing Treatment

    • 20% + global population have allergies e.g. Asthma and Allergenic Rhinits • Allergy Immunotherapy requires repeated shots of allergic antigens to develop immunity Allergies Testing Treatment 29

  30. Slide 30: Global Allergy Immunotherapy Market Growth Drivers and Trends

    Global Allergy Immunotherapy Market Growth Drivers and Trends USD Bn. • Concentrated US market with 3 players 3.0 • Complex supply chain from sourcing to processing 2.2 2.7 • Grandfathered approvals, new product needs BLA 2.0 0.2 0.3 • Market increasing in Sub-Lingual delivery 2023 2028 Non-US US •

  31. Slide 31: HollisterStier brand, venom and allergenic extracts

    nd • 100-year-old ‘HollisterStier’ brand • Onshore US FDA approved manufacturing • Sole Supplier of Venom extracts in the US • Dedicated sales force in the US • 200+ allergenic & 6 venom extracts • 2,000+ Allergists / ENTs as customers Venom Extracts Allergenic Extracts Skin Testing Devices Venom ex

  32. Slide 32: Allergy Immunotherapy quarterly results

    • Q1’FY26 revenue grew on the back of revenue Particulars ( Rs. Cr.) Q1’FY25 Q4’FY25 Q1’FY26 Y-o-Y growth in the US market Revenue 168 192 181 8% • Q1’FY26 EBITDA stable YoY. EBITDA margins in the normalized range EBITDA 63 88 63 (1%) EBITDA Margin (%) 38% 46% 35% (300) bps 32

  33. Slide 33: Allergy Immunotherapy FY30 targets

    Revenue: Growth & Margins on track ~1.5x of FY24 EBITDA Margin: 35% to 40% Revenue: Rs. 714 Cr. Revenue: Rs. 701 Cr. EBITDA Margin: 34% Revenue: Rs. 679 Cr. EBITDA Margin: 35% EBITDA Margin: 40% FY24 FY25 TTM FY30 33

  34. Slide 34: Allergy Immunotherapy growth strategy

    Strengthen competitive Grow outside US Increase investment position in US business in R&D • Retain and grow Venom • Develop new products & customers & patient base • Increase outside US technologies Venom sales through strategic partnerships in • Increase US revenue in • Build treatment European mar

  35. Slide 35: CDMO - Sterile Injectables

    — aR Ce = ta >} CDMO - Sterile. Injectables

  36. Slide 36: CDMO-SI Growth Drivers & Trends

    Global CDMO-SI Market Size Growth Drivers & Trends USD Bn 20 • Innovator Pharma companies, for their US 17 16 requirement, are planning to shift the 14 13 manufacturing from Europe to US, as a risk mitigation measure due to impending Tariffs by the US Govt. • Consolidation in supply due to large 202

  37. Slide 37: Long contracts, high switching costs and regulatory barriers

    • Majority of commercial contracts are typically long duration (typically 3 years or more with auto renewal) • Greenfield expansion is considerably difficult due to high up-front capex required with ongoing opex to support initial product commercialization • Innovator companies prefer onshore North

  38. Slide 38: Top pharma customers and fill-finish services

    • 5 of the top 20 pharma companies as customers • 25+ customers across the world with multiple products having patent protection and limited competition • 5+ years average relationship time with Top 10 Customers • 90%+ repeat customer business • 24 months of switching timelines for customers • Full

  39. Slide 39: CDMO Sterile Injectables quarterly results

    • Q1’FY26 revenue grew YoY due to increase in Particulars ( Rs. Cr.) Q1’FY25 Q4’FY25 Q1’FY26 Y-o-Y sales volume Revenue 324 340 370 14% • Q1’FY26 EBITDA increased YoY, EBITDA margins lower QoQ due to annual maintenance EBITDA 57 95 62 9% shutdown at Spokane facility EBITDA Margin (%) 18% 28% 17% (90

  40. Slide 40: CDMO Sterile Injectables FY30 targets

    Revenue : More than 2x of FY24 EBITDA Margin : Growth ahead of expectations More than 25% Margins on track Revenue : Rs. 1,318 Cr. EBITDA Margin : 23% Revenue : Rs. 1,272 Cr. EBITDA Margin : 23% Revenue : Rs. 1,117 Cr. EBITDA Margin : 17% FY24 FY25 TTM FY30 40

  41. Slide 41: Capacity doubling timeline, Lines 3 and 4

    Growth driver: • Doubling Capacity Timeline FY’24 FY’25 FY’26 FY’27 FY’28 LINE 3 Installation Media Fill Tech Transfer Commercial Production LINE 4 Design Construction Installation Media Fill Commercial Production • Total investment at USD 285 Mn. ( RoCE > 20%) including US Govt. funding of USD 150

  42. Slide 42: CRDMO: Drug Discovery Services, CDMO API

    CRDMO: Drug Discovery Services, CDMO API

  43. Slide 43: CRDMO Growth Drivers & Trends

    Drug Discovery Services Market Size USD Bn. Growth Drivers & Trends 10 8 Drug Discovery Market • Biosecure Act advantage • Rise in specialized technologies such as ADCs and oligonucleotides 2023 2028 CDMO API Market Size USD Bn. CDMO API Market 130 95 • Rising interest in custom generics • Rapid mom

  44. Slide 44: Large pharma customers and drug discovery strengths

    • 8 of the top 20 pharma companies as customers with 5x increase in revenue share from Large Pharma • Indian Leader for “Integrated Drug Discovery”, with a track record of +85 programs and Big pharma strategic partnership • Strengthen European penetration, with multifold revenue increase • Fully int

  45. Slide 45: Drug Discovery Services and CDMO API capabilities

    Drug Discovery Services & Early CDMO Late CDMO & APIs Integrated Chemistry Research Contract Development & Advanced Intermediate CoE Biologics Drug Discovery Centre Innovation Centre Manufacturing Centre & ( St. Julien, France ) (IDDC, Bengaluru) (CIRC, G. Noida) (API CDMC) API Manufacturing ~ 35 Sc

  46. Slide 46: Drug Discovery Services quarterly results

    Particulars ( Rs. Cr.) Q1’FY25 Q4’FY25 Q1’FY26 Y-o-Y • Q1’FY26 revenue increased YoY from scaling Large Pharma contracts Revenue 113 156 161 42% • Q1’FY26 EBITDA increased YoY, EBITDA margins lower QoQ due to change in project mix EBITDA 22 41 32 46% and investment in business development EBITDA Mar

  47. Slide 47: Drug Discovery Services FY30 targets

    Revenue: ~ 3x of FY24 EBITDA Margin: On track to reach our Vision 2030 aided by More than 25% Large Pharma strategy Revenue: Rs. 617 Cr. EBITDA Margin: 24% Revenue: Rs. 570 Cr. EBITDA Margin: 24% Revenue: Rs. 449 Cr. EBITDA Margin: 24% FY24 FY25 TTM FY30 47

  48. Slide 48: Growth drivers and proposed Biosecure Act

    Growth driver: • Add Large Pharma • Executing strategy on Large Pharma Proposed Biosecure Act • Footprint in EU • Act passed in Sep’24 by US House of Representatives • Introduction of ADCs, mAbs, and Biologics platforms • American pharma companies to look for alternatives besides China 48

  49. Slide 49: Capacity expansion in Greater Noida and Bengaluru

    Expansion at current sites, Greater Noida & Bengaluru Expansion at new site, Devanahalli, Bengaluru Capacity : 1,000 FTE’s ( FY25 )  2,000 FTE’s ( FY28 )  4,000 FTE’s ( FY30 ) Increasing capacity in a phased manner ; Total Capex USD 150 Mn. ( Expect RoCE > 20% ) 49

  50. Slide 50: Integration of acquisition in progress

    • Expanded TAM by USD 1.4 Bn. in mAbs and ADCs • Added strategic footprint in the EU • Enhanced domain expertise in ADC • Unique & cost-effective delivery model Integration in progress; Investing in Business development team 50

  51. Slide 51: CDMO API quarterly results

    Particulars ( Rs. Cr.) Q1’FY25 Q4’FY25 Q1’FY26 Y-o-Y • Q1’Y26 revenue increased YoY on the back of increased volume in select products. Industry wide pricing pressure continues Revenue 130 182 141 9% • Q1’FY26 EBITDA margins increased YoY due to EBITDA 16 39 22 36% profitable product mix added by su

  52. Slide 52: CDMO API FY30 targets

    Revenue: Growth momentum 2x of FY24 is starting Margin improvement EBITDA Margin: on track More than 15% Revenue: Rs. 593 Cr. EBITDA Margin: 16% Revenue: Rs. 581 Cr. EBITDA Margin: 15% Revenue: Rs. 645 Cr. EBITDA Margin: 10% FY24 FY25 TTM FY30 52

  53. Slide 53: Grow CDMO API; transfer to Jubilant Biosys

    Growth driver: • Grow CDMO API • Further Strengthen CDMO: Leverage GMP manufacturing capabilities for Innovative New Chemical Entities • Custom Manufacturing: Partner with large pharma to manufacture products requiring life cycle management • China plus one strategy: Resilient supply chain through i

  54. Slide 54: Generics

    Generics

  55. Slide 55: Generics Market Growth Drivers and Trends

    Generics Market Growth Drivers and Trends USD Bn ~ 532 Developed Market 19 • US market to grow at 2%, signs of decrease in price reductions ~ 406 15 203 • Non-US market to grow by 5 - 7% 149 India Market 310 242 • India market to grow in excess of 8% • Brand building, in-clinic effectiveness of sale

  56. Slide 56: Non-US, US and Indian market approach

    Non-US international market • Broad therapeutic coverage - CVS, CNS, GI and multi specialty • 1 key market with triple digit revenue in INR Cr., Build total of 3 - 4 markets (B2B2C) • Global presence in 50+ markets - US, Europe, Canada, Japan, Australia • CMO to few large branded generics customers

  57. Slide 57: Generics quarterly results

    Particulars ( Rs. Cr.) Q1’FY25 Q4’FY25 Q1’FY26 Y-o-Y • Q1’FY26 revenue increased YoY due to increase in revenue from Non-US markets Revenue 156 157 166 7% • Q1’FY26 EBITDA and EBITDA margins increased YoY due to focus on profitable EBITDA (11) (17) 12 214% products EBITDA Margin (%) (7%) (11%) 7% 1,

  58. Slide 58: Generics FY30 targets

    Revenue : Growth momentum ~2x of FY24 is starting EBITDA Margin : Margin improvement on track 15% to 17% Revenue : Rs. 696 Cr. EBITDA Margin : 7% Revenue : Rs. 685 Cr. Revenue : Rs. 775 Cr. EBITDA Margin : 3% EBITDA Margin : (18%) FY24 FY25 TTM FY30 58

  59. Slide 59: Launch new products, grow non-US and branded business

    Launch Grow the profitable Build branded new products Non-US international market business • Relaunch dormant ANDAs from • Launch 6 to 8 new products • Build presence in Diabetes, Roorkee and CMO network every year Dyslipidemia and Hypertension • Secure ANDAs approvals • Scale 3 to 4 key markets • S

  60. Slide 60: Proprietary Novel Drugs

    Proprietary Novel Drugs

  61. Slide 61: Precision oral medicines in oncology

    • Develop precision oral medicines with enhanced safety and therapeutic efficacy • Focused on specific set of patients, not responding to other therapies • Low-cost in-house discovery engine to generate drug candidates, validated through partnerships • Guided by world’s leading oncologists from Memo

  62. Slide 62: JBI-802

    • Company sponsored Phase II trial underway Blood Cancer • Highly differentiated for safety and efficacy than peers ET/MPN • Total Addressable Market in US: USD 3.3 Bn. • Investigator led trial initiated Lung Cancer JBI-802 NSCLC • Demonstrated clinical efficacy in two NSCLC patients in phase 1 stud

  63. Slide 63: JBI-802 patient responses

    • Non small cell lung cancer patient progressed to last stage after immunotherapy. Post taking JBI-802 treatment, patient has been doing very well even after two years. Major symptoms have disappeared with confirmed partial response with ~40% tumor reduction • Over 50% shrinkage of the patient’s liv

  64. Slide 64: JBI-778

    Lung Cancer • Total Addressable Market in US: USD 2.0 Bn. NSCLC with EGFR mutation Brain Tumor • High unmet need with no effective treatment option JBI-778 HGG • Total Addressable Market in US: USD 1.7 Bn. Phase I trial underway Head & Neck • Chemotherapy, current treatment option has low efficacy c

  65. Slide 65: Proprietary Novel Drugs quarterly results

    • Continue to invest in a calibrated manner in two Particulars ( Rs. Cr.) Q1’FY25 Q4’FY25 Q1’FY26 Y-o-Y lead programs Revenue 0 0 0 EBITDA (6) (4) (6) (3%) 65

  66. Slide 66: Clinical data readouts and monetization

    • Expect clinical data readouts in CY 2026 • Explore monetization through licensing or external fund raising 66

  67. Slide 67: Consolidated financial results

    Particulars ( Rs. Cr. ) Q1’FY25 Q4’FY25 Q1’FY26 Y-o-Y • Q1’FY26 Revenue grew YoY on the back of growth in revenue across all business units Revenue 1,732 1,929 1,901 10% • Q1’FY26 EBITDA margins increased YoY due Other Income 14 12 12 to improved performance in CRDMO and Generics Total Income 1,746

  68. Slide 68: Net debt and leverage

    Particulars ( Rs. Cr. ) Mar 31, 2025 June 30, 2025 • Investing consciously to maintain Net debt / Ebitda range bound Net Debt ( On constant currency, Net of DIC ) 1,348 1,535 Net Debt / Equity 0.22 0.24 Net Debt / EBITDA (TTM) 1.1 1.2 Long Term Capex Creditors 453 455 Exchange Rate : 1 USD = INR 85.

  69. Slide 69: Sustainability Performance

    DJSI Score 60% EcoVadis Score 65 Winner – Mid/Small Cap Category B - Water Security, D - Climate Member since 2005 All Indian manufacturing plants are 19% reduction in Specific Water Zero Liquid Discharge Consumption v/s FY 25 target Sustainability CoP submitted, Performance Category I ERP 3rd July

  70. Slide 70: Q1'FY26 business highlights

    Radio Pharmaceuticals : Ruby-Fill® maintaining growth momentum. New Products to drive margin expansion 1 Radio Pharmacies : Competitive intensity higher in SPECT, Commercial distribution of PLYARIFY® in PET continue to grow 2 Allergy Immunotherapy : Revenue grew YoY; EBITDA margins in normalized ran

  71. Slide 71: Segment revenue and EBITDA

    Total Income ( Rs. Cr. ) Q1’FY25 Q4’FY25 Q1’FY26 Revenue (A) 1,732 1,929 1,901 a. Radiopharma 832 895 869 Radiopharmaceuticals 262 296 271 Radiopharmacies 570 600 598 b. Allergy Immunotherapy 168 192 181 c. CDMO Sterile Injectables 324 340 370 d. CRDMO 243 338 302 Drug Discovery Services 113 156 161

  72. Slide 72: FY30 targets: Revenue, EBITDA margin, net debt, RoCE

    Revenue Reach 2x from FY24 to FY30 EBITDA Margin 23% to 25% by FY30 Net Debt Zero by FY30 RoCE High Teens by FY30 72

  73. Slide 73: Annexure

    Annexure Arvind Chokhany Group CFO, Whole-time Director

  74. Slide 74: Leadership team

    Shyam S Bhartia Hari S Bhartia Priyavrat Bhartia Arjun S Bhartia Chairman Co-Chairman Managing Director Joint Managing Director Arvind Chokhany Shantanu Jha Dr Tushar Gupta Group CFO, Whole-time Director Group CHRO Head - Corporate Strategy 74

  75. Slide 75: Business CEOs

    Harsher Singh Chris Preti Giuliano Perfetti CEO - Jubilant Radiopharma CEO - CDMO Sterile Injectables CEO - CRDMO, Biosys Dr Jaidev Rajpal Kyle Ferguson Dr Syed Kazmi CEO - Jubilant Generics CEO - Allergy Immunotherapy CEO - Jubilant Therapeutics 75

  76. Slide 76: Shareholding pattern

    0.6% 24.8% Promoter and Promoter Group Domestic Institutions 47.7% Foreign Institutions Non - Institutions 17.4% Employee Benefit Trust 9.5% 76

  77. Slide 77: Abbreviations

    Abbreviation Details Abbreviation Details CVS Cardiovascular System MEA Middle East Africa CNS Central Nervous System LATAM Latin America CDMO Contract Development Manufacturing Organization LOE Loss of exclusivity CRDMO Contract Research & Development Manufacturing Organization FDA (US) U.S. Food a

  78. Slide 78: Thanks!

    Thanks!

Jubilant Pharmova — Q1 FY2026 Earnings Presentation on 6ix