Dolat Capital: Cadila Healthcare Posts In-Line Q2, Vaccine Data Key Monitorable
Cadila Healthcare Ltd. R&D department. (Source: Company website)

Dolat Capital: Cadila Healthcare Posts In-Line Q2, Vaccine Data Key Monitorable

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Dolat Capital Report

Cadila Healthcare Ltd. reported an in-line Q2 driven by strong growth across India, U.S. and the active pharmaceutical ingredient segment offsetting the muted growth in consumer segment.

Revenue grew 16% YoY, an improved product mix (double digit growth in India formulations and U.S. sales at $230 million, up $13 million QoQ) led to healthy gross margins at 64.9%.

Impact of Merchandise Exports from India Scheme offset lower marketing spends, thereby, restricting Ebitda margins at 22.6%.

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Dolat Capital Cadila Healthcare Q2FY21 Result Update.pdf

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