613.40 -2.40 (-0.39%)
NSEJan 22, 2021 03:31 PM
The 1 reports from 1 analysts offering long term price targets for Eris Lifesciences Ltd. have an average target of 700.00. The consensus estimate represents an upside of 14.12% from the last price of 613.40.
|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2021-01-13||Eris Lifesciences Ltd. +||Prabhudas Lilladhar||623.85||671.00||623.85 (-1.68%)||9.39||Buy|
IPM growth recovered in Dec-20 to 8.5% after weak Nov-20, due to festive season and fears related to lockdown. The key reasons for growth in Dec-20 (as from Nov-20 onwards) are (i) MRs back on field with full force and (ii) marketing activities reaching pre-COVID levels. Digital marketing continues to be an integral part of marketing activities, which actually started as a cost...
|2020-12-14||Eris Lifesciences Ltd. +||BOB Capital Markets Ltd.||537.85||700.00||537.85 (14.05%)||14.12||Buy|
[Initiation] Eris Lifesciences (BUY): Chronic franchise, FCF growth underappreciated; initiate with BUY
BOB Capital Markets Ltd.
Eris Lifesciences' (ERIS) earnings are at inflection point and we expect a 16% EBITDA CAGR over FY21-FY24 (vs. 8%, FY18-FY21).
|2019-11-21||Eris Lifesciences Ltd. +||Prabhudas Lilladhar||417.70||459.00||417.70 (46.85%)||Target met||Accumulate|
Plans to increase MR headcounts by 435 reps in FY20E to cumulative MR strength of 2,500 in FY20E. It added 145 MRs in H1FY20 and plans to add 190 MRs in H2FY20 for existing portfolio as well as additional 100 MRs for...
|2018-04-12||Eris Lifesciences Ltd. +||Ventura||797.30||1060.00||797.30 (-23.07%)||Buy|
|2017-11-27||Eris Lifesciences Ltd. +||Axis Direct||650.25||800.00||650.25 (-5.67%)||Target met||Buy|
|2017-11-22||Eris Lifesciences Ltd. +||Geojit BNP Paribas||640.05||640.05 (-4.16%)||IPO Note|
Eris Lifesciences Ltd (ELL) is a developer cum manufacturer of branded pharmaceutical products in select therapeutic areas of cardiovascular, anti-diabetics, vitamins, gastroenterology and anti-infectives. Company's product portfolio comprises of 80 mother brand groups with the top 10 brands contributing as much as 75% of their total revenues. ELL is primarily focusing on lifestyle diseases encompassing both the chronic (65%) and acute segments(35%). They are currently the fastest growing company among the top 25 players in the chronic segment. It...
|2017-10-26||Eris Lifesciences Ltd. +||Bonanza||565.00||686.00||565.00 (8.57%)||Target met||Buy|
Recently, the stock price of Eris Lifesciences Ltd. (Eris) corrected by ~22 from 52-week high of Rs.728 as the company has reported below expected numbers in the recent quarters. Eris focuses on lifestyle related disorders, which are chronic in nature. Hence, the main target of the company is specialist and super specialist doctors. It is mainly into select therapeutic areas, such as, CVS, antidiabetics, vitamins, gastroenterology, anti-infectives and gynecology. In FY17, chronic segment generated 66% of total revenues. Even in the acute segment (34% of total revenues), the company focuses on...
|2017-08-23||Eris Lifesciences Ltd. +||Axis Direct||599.50||730.00||599.50 (2.32%)||Target met||Buy|
Eris has a unique positioning in the India Pharma market. It is 100% into domestic formulations and the 2nd fastest growing (22% CAGR % over FY13-17) among the top 35 pharma companies in India. Eris is ranked 32nd despite being a relatively new entrant (established in 2007).
|2017-06-16||Eris Lifesciences Ltd. +||Systematix Group||IPO Note|
Focus on branded prescription based pharmaceutical products catering to lifestyle related disorders: Eris has Develop, Manufacture and Commercialize branded prescription based pharmaceuticals products in select chronic and acute therapeutic areas, like Cardiovascular, Anti-Diabetics, Vitamins, Gastroenterology, Anti-Infectives, & Gynaecology. In FY17, they generated 65.6% of their revenues from the chronic category of the IPM. The chronic category accounted for 34.3% of the IPM in FY17 compared to 31.4% of the IPM in FY13, representing growth at a CAGR of 14.3%. They have identified, developed and are marketing products in the acute category, which are connected to...
|2017-06-15||Eris Lifesciences Ltd. +||HDFC Securities||IPO Note|
|2017-06-15||Eris Lifesciences Ltd. +||BP Wealth||IPO Subscribe|
Eris Lifesciences Ltd is an Ahmedabad, Gujarat based pharmaceutical company, incorporated in 2007 that is engaged in research, development, manufacturing and selling of select therapeutic areas within the chronic and acute categories of the Indian Pharmaceutical Market. Company's focus has been on developing, manufacturing and marketing products, which are linked to lifestyle related disorders that are chronic in nature and to a target population which primarily consults specialists and superspecialists. Eris products in the chronic category cater primarily to the therapeutic areas including cardiovascular, anti-diabetics and neurology, chronic respiratory and chronic pain (analgesics). In acute category, the product portfolio includes vitamins, gastroenterology, antiinfectives, gynaecology, cute respiratory, acute pain (analgesics), hepatoprotectives, hormones, hematology, dermatology, anti-obesity products and products for injury healing. The product portfolio of the company comprised of 80 Mother Brand Groups as of March 31, 2017. It also owns and...
|2017-06-15||Eris Lifesciences Ltd. +||Choice India||IPO Avoid|
|2017-06-14||Eris Lifesciences Ltd. +||Angel Broking||IPO Subscribe|
Since its inception, the company has been focusing on chronic and specialty acute therapeutic segments. This strategy has played well for the company, as it has gained market share in most of the therapeutic segments of its focus. This has also helped the company to become 32nd largest company by revenue in domestic pharma industry within..
|2017-06-13||Eris Lifesciences Ltd. +||ICICI Securities Limited||IPO Subscribe|
ICICI Securities Limited
Ahmedabad based Eris Lifesciences (Eris) is a domestic branded formulations focused pharmaceutical company with emphasis on lifestyle related specialised therapeutic areas. The company was promoted by first generation entrepreneur Amit Bakshi in 2007. As on FY17, its product portfolio comprised 80 mother brand groups and is primarily focused on therapies that require the intervention of specialists and super specialists. The acute: chronic ratio was at 66:34 pertaining to FY17 revenues. The company derived ~77% of revenues from metro cities and class-1 towns....
|2017-06-13||Eris Lifesciences Ltd. +||SMC online||IPO Note|
Incorporated in 2007, Eris Lifescience Ltd is Ahmedabad, Gujrat based pharmaceutical company engaged in research, development, manufacturing and selling of select therapeutic areas within the chronic and acute categories of the Indian Pharmaceutical Market (IPM). The product portfolio of the company comprised of 80 mother brand groups as of March 31, 2017. The product portfolio is primarily focused on therapeutic areas which require the intervention of specialists and super specialists such as cardiologists, diabetologists, endocrinologists and gastroenterologists. Sales in metro cities and class 1 towns, together accounted for 76.8% of its revenues in Fiscal 2017. Eris Lifescience own...
|2017-06-13||Eris Lifesciences Ltd. +||Ashika Research||IPO Subscribe|
The objects of the Offer are to achieve the benefits of listing the Equity Shares on the Stock Exchanges and for the sale of up to 28,875,000 Equity Shares by the Selling Shareholders. Further, Company expects that listing of the Equity Shares will enhance their visibility and brand image and provide liquidity to the shareholders. The Company will not receive any...