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.
Prabhudas Lilladher Report
Cipla Ltd.’s Q3 FY22 performance was broad based with strong show in domestic formulation and U.S. sales. We continue to remain positive on Cipla’s growth across key segments including India and U.S. given-
strong traction in respiratory and other portfolio,
excluding Covid-19, Indian pharma market can grow 8-10% going forward with Cipla likely outpacing the market and
meaningful delta in U.S. revs are expected from FY23, backed by potential key launches.
We expect 15% earnings per share compound annual growth rate over FY21-24E from base business (ex Revlimid) given resilient earnings, improving visibility from U.S. and strong free cash flow generation.
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