Pharma Q1 Results Preview – India Formulations To Post Strong Growth On Low Base: Prabhudas Lilladher

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We expect pharmaceuticals companies under our coverage to report revenue/Ebitda/profit before tax growth of 13%/21%/31% YoY in Q1 FY22, while diagnostic companies to report 58%/139%/203% YoY growth.

The growth is largely led by lower base and volume up-tick on the back of increased domestic demand.

In base, sales were impacted due to logistic issues and lack of regulatory guidelines/infrastructure on RT/PCR tests.

Unlike strict lockdown restriction in last year, there are better recoveries and lesser logistic issues of global economies in Q1 FY22.

Click on the attachment to read the full report:

Prabhudas Lilladher Pharma Q1FY22 Result Preview.pdf


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