Name: Latest research reports of Ipca Laboratories Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Ipca Laboratories Ltd.
Rating: 5
Author: ICICI Securities Limited

IPCA Laboratories

Buy: Ipca Laboratories Ltd.

Target

ICICI Securities Limited

Strong export tender, API sales; improved margins... Domestic formulations comprise 44% of FY20 revenues. The domestic performance has been volatile at times due to presence of anti-malarials in the portfolio. However, with incremental growth in other therapies, especially non-communicable diseases like pain management, cardiodiabetology, etc, the overall portfolio is poised for steady growth. We expect...