BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Dolat Capital Report
Alkem Laboratories Ltd.'s Q1 was aided by recovery in acute portfolio aided by Covid-19 associated drugs.
Excluding one-offs such as inventory provision of Rs 380 million in the U.S. and gratuity liability provision of Rs 290 million, Alkem Labs' Ebitda margins came in at 24% versus expectation of 22.6%.
U.S. sales (down 9% YoY at $82 million) was impacted due to-
high base led by inventory stocking YoY,
loss in market share of acute products and
price erosion.
India business (up 65% YoY) was 18% above expectations driven by volume led growth in acute portfolio (vitamins-mineral-nutrients, anti-infective).
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR