Pharma and Healthcare Stocks Deliver Mixed Q2 FY26 Performance
Cipla Acquires Inzpera Healthsciences to Strengthen Pediatric and Wellness Portfolio
Cipla Ltd announced the acquisition of 100% stake in Inzpera Healthsciences Ltd for approximately ₹110.65 crore. Founded in 2016, Inzpera focuses on pediatric health and wellness products. The acquisition aims to integrate Inzpera’s niche portfolio with Cipla’s robust distribution network and deepen its consumer health reach. The deal is expected to close within a month.
This acquisition marks Cipla’s continued expansion into chronic and lifestyle therapy segments while reinforcing its R&D-led diversification approach.
Gland Pharma Reports Moderate Growth Amid Margin Contraction
Gland Pharma reported a net profit of ₹183 crore for Q2 FY26, up 12% YoY but down 15% QoQ. Revenue stood at ₹1,486 crore, marking a 6% YoY rise. EBITDA margin contracted slightly to 21.11% from 24.42% last quarter due to pricing pressure in the US and product mix changes.
The company continues to expand its injectables portfolio and biosimilar exports to regulated markets, with new filings expected across the US and Europe in FY26–FY27.
Ajanta Pharma and Akums Drugs Post Strong Profit Gains on R&D and Efficiency
Ajanta Pharma reported improved profitability driven by efficiency gains and higher exports in ophthalmology and cardiology therapies. Meanwhile, Akums Drugs & Pharmaceuticals secured a 20-year patent for its “Dual Release Gastro-Resistant Composition” — an innovation targeting moderate to severe GERD cases.
This development strengthens Akums’ IP portfolio and supports its global licensing strategy. The patent offers a competitive moat in the gastrointestinal treatment space.
Industry Overview: Healthcare Sector Consolidates Gains in FY26
The Indian pharmaceutical and healthcare industry continues to show resilience with diversified growth across domestic and export markets. Margin pressures remain in generics, but specialty therapies, patented drugs, and healthcare services are driving long-term earnings visibility.
Companies like Cipla and Gland Pharma focus on value-added formulations, while Akums and Ajanta leverage innovation and licensing-driven scale. Sector sentiment remains moderately bullish for FY26–FY27.
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Investor Takeaway
The Q2 FY26 results reaffirm the sector’s ability to balance R&D, regulatory compliance, and global market expansion. Select pharma names remain on investors’ radar for their innovation focus and resilient export models. Healthcare remains a structural play within India’s long-term growth story.
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SEBI Disclaimer: The information provided in this post is for informational purposes only and should not be construed as investment advice. Readers must perform their own due diligence and consult a registered investment advisor before making any investment decisions. The views expressed are general in nature and may not suit individual investment objectives or financial situations.











