Laurus Labs Annual Report Analysis - Scaling Up New Levers To Accelerate Growth: Motilal Oswal
An employee holds metformin pills at a Laurus Labs Ltd. pharmaceutical plant in Visakhapatnam, Andhra Pradesh, India. (Photographer: Sara Hylton/Bloomberg)

Laurus Labs Annual Report Analysis - Scaling Up New Levers To Accelerate Growth: 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

Laurus Labs Ltd.’s annual report analysis indicates a sharp improvement in return on equity, led by a strong head-start in finished dosage forms, improving operating profit, and a reduced interest rate.

Since its journey from anti-retroviral active pharmaceutical ingredient to a fully integrated pharmaceutical company over FY06–21, Laurus Labs is on the path to strengthening its capabilities/capacity in contract development and manufacturing operations – the synthesis as well as biotechnology space.

Accordingly, the company is investing Rs 15–17 billion in building research and development centers and greenfield/brownfield expansions for a meaningful commercial benefit from FY23.

Click on the attachment to read the full report:

Motilal Oswal Laurus Labs Annual Report Update.pdf

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