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
In our coverage universe, we expect pharmaceuticals companies to report revenue/Ebitda/profit before tax growth of 7%/44%/62% YoY in Q4 FY21, while diagnostic companies to report of growth of 45%/98%/129% YoY.
Both pharmaceuticals and diagnostic companies’ lost revenue of 15-20 days in Q4 FY20, due to lockdown restriction placed in the country.
Even with low revenue base pharmaceuticals companies’ growth is expected to be muted in Q4 FY21 as -
1. India formulations growth failed to reach normalized level given underperformance by few leading therapies (anti-infective, respiratory, derma) and
2. lack of launches in U.S. without new approvals, as U.S. Food and Drugs Administration inspectors had travel restrictions on visit of the overseas plants.
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