Source: Capital Line, ICICI Direct Research; *FY15 and FY16 financials are for Dishman Pharma and Chemicals Ltd We met the management of Dishman Carbogen Amcis (Dishman) and also visited its key high potent (Hipo) oncology plant at Bavla, Gujarat, to gain an insight into the company's contract research & manufacturing (CRAMs) business. Incorporated in 1983, Dishman is a fully-integrated CRAMS player (76% of FY18 revenues) for new chemical entities (NCEs) molecules. It has a presence across the CRAMs value chain from process...