Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Nov 04, 2020

Motilal Oswal: Sun Pharma Q2 - Product Mix, Operating Leverage Drive Earnings

Motilal Oswal: Sun Pharma Q2 - Product Mix, Operating Leverage Drive Earnings

Motilal Oswal: Sun Pharma Q2 - Product Mix, Operating Leverage Drive Earnings
Sun Pharmaceutical Industries Ltd. signage is displayed outside the company’s corporate office in the Andheri suburb of Mumbai, India (Photographer Amit Madheshiya/Bloomberg)

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

Sun Pharmaceutical Industries Ltd. delivered all-time high quarterly sales of Rs 84.5 billion for Q2 FY21, led by the Rest of World/ active pharmaceutical ingredient segment.

A superior product mix (including the higher share of specialty products), complemented by cost optimization measures, led to a strong beat on Q2 FY21 earnings.

We increase our earnings estimate by 22%/5% for FY21/FY22E, factoring in

1. increased contribution from the specialty portfolio and 2. lower opex for an extended period on account of Covid-19.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source
Listen to the latest songs, only on JioSaavn.com