Deep-Dive Into Indian Pharmacy Sector From Medplus IPO Prospectus: ICICI Securities
Deep-Dive Into Indian Pharmacy Sector From Medplus IPO Prospectus: ICICI Securities
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.
ICICI Securities Report
The key insights for the Indian pharmacy sector from our analysis of Medplus Healthcare Services Ltd. prospectus are-
Indian retail pharmacy is expected to grow at 10% compound annual growth rate over FY20-FY25E with share of organised players increasing from 10% to 20% over this period, implying CAGR of ~25% for organised market,
modern pharmacy and hospitals make higher margin of 20-25% in supply chain process,
focus on offering over-the-counter and private label fast moving consumer goods type products to improve scale and profitability, and
emergence of omni-channel (offline plus online) presence in organised retail pharmacy.
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.