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Biocon Biologics CEO Shreehas Tambe Projects FY27 Growth from New Approvals and GLP-1 Drug Pipeline
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Biocon Biologics Targets FY27 Growth with New Approvals, GLP-1 Pipeline
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CNBC TV18
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13-02-2026, 16:26
Biocon Biologics Targets FY27 Growth with New Approvals, GLP-1 Pipeline
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Biocon Biologics anticipates significant growth in FY2027 driven by new product approvals and expansion into high-margin markets.
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The company is focusing on its GLP-1 drug pipeline, including Liraglutide and Semaglutide, for diabetes and weight loss treatments.
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Liraglutide has seen success in Europe and emerging markets, with US approval expected soon; Semaglutide is being developed for multiple geographies.
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Biocon Biologics aims to strengthen its balance sheet, reducing its debt-to-EBITDA ratio from over 4x to 2.5x, with a target of closer to 1x.
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The company reported Q3FY26 revenues of ₹4,173 crore, a net profit of ₹143.8 crore, and an EBITDA margin of 28%.
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