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Motilal Oswal Report
Laurus Labs Ltd.’s annual report analysis indicates a sharp improvement in return on equity, led by a strong head-start in finished dosage forms, improving operating profit, and a reduced interest rate.
Since its journey from anti-retroviral active pharmaceutical ingredient to a fully integrated pharmaceutical company over FY06–21, Laurus Labs is on the path to strengthening its capabilities/capacity in contract development and manufacturing operations – the synthesis as well as biotechnology space.
Accordingly, the company is investing Rs 15–17 billion in building research and development centers and greenfield/brownfield expansions for a meaningful commercial benefit from FY23.
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