Hikal Q4 Review - Strong Growth Across Segments: ICICI Direct
Hikal Ltd. plant in Mahad (Source: Company website)

Hikal Q4 Review - Strong Growth Across Segments: ICICI Direct


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ICICI Direct Report

Hikal Ltd.'s Q4 revenue grew a robust 40.5% YoY to Rs 533 crore tracking strong growth across both segments.

Pharma posted 31.5% YoY growth to Rs 298 crore whereas crop protection grew 53.8% YoY to Rs 235 crore.

Ebitda margin expanded 188 basis points YoY, 81 basis points QoQ to 20.5% amid lower staff expenses stemming from better operational leverage.

Subsequently, Ebitda grew 54.7% YoY to Rs 109 crore. Profit after tax more than doubled to Rs 4 crore.

Click on the attachment to read the full report:

ICICI Direct Hikal Q4FY21 Result Update.pdf


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