Eris Lifesciences Q4 Review - New Launches, Cost Control Will Continue To Lead Growth: Prabhudas Lilladher

Eris Lifesciences Q4 Review - New Launches, Cost Control Will Continue To Lead Growth: Prabhudas Lilladher

Employees work inside a laboratory  R&D center.  (Photographer Samsul Said/Bloomberg)

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

We maintain our positive outlook on Eris Lifesciences Ltd., but have marginally adjusted our estimates for FY22E/23E, due to lower than expected industry growth post second wave of the pandemic.

Q4 FY21 earnings were below our estimates, while above the industry growth in its respective product segments by 2-2.5 times.

With growth in top brands and pick up in marketing activities, the company continues to outperform its peers and Indian pharma market - led by strong growth in chronic products that contribute 75-85% revenues.

Click on the attachment to read the full report:

Prabhudas Lilladher Eris LifeScience Q4FY21 Result Update.pdf
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