Ipca Labs - Q4 An Aberration; Outlook Remains Intact: Motilal Oswal

Capsules fall into a holding bin. (Photographer: Ariana Lindquist/Bloomberg).

Ipca Labs - Q4 An Aberration; Outlook Remains Intact: Motilal Oswal

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

Ipca Laboratories Ltd.’s Q4 FY21 performance was below expectations, weighed by moderation in the domestic formulation segment and active pharmaceutical ingredient sales.

However, the company remains on track to deliver healthy mid-teen YoY growth in the branded generics segment.

Increased business share from the integrated manufacturing value chain and better operating leverage in domestic formulation would drive improvement in profitability going forward – adjusted for onetime business from hydroxychloroquine sulfate in FY21.

Click on the attachment to read the full report:

Motilal Oswal Ipca Labs Q4FY21 Result Update.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.