Gland Pharma: A Master Injector - Motilal Oswal Initiates Coverage
Gland Pharma manufacturing facility (image Company website)

Gland Pharma: A Master Injector - Motilal Oswal Initiates Coverage

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.

Motilal Oswal Report

Gland Pharma Ltd. is a comprehensively injectable-focused company, with a wide generics portfolio comprising of -

  1. own/contract development,
  2. technology transfer,
  3. an established manufacturing value chain across the range of delivery systems, and
  4. extensive regulatory capabilities.

The company is progressing well on building a complex product pipeline, backward integration, and gaining market share in commercialized limited-competition products.

Accordingly, we expect a 25% earnings compound annual growth rate over FY20– 23. The potential upside in earnings owing to inorganic opportunities funded through cash available on balance sheet is not captured in our estimate.

Click on the attachment to read the full report:

Motilal Oswal Gland Pharma Initiating Coverage.pdf

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.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.