Alembic Pharma launched two products in Q3 FY25 and expects to launch more than five products in Q4 FY25..NDTV Profit’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 NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Dolat Capital Report.Alembic Pharmaceuticals Ltd.’s Q3 FY25 sales were below estimate due to lower domestic and active pharma ingredient sales. Ebitda was also below estimate due to higher than expected other expenses. U.S. growth is expected to be driven by new launches in the upcoming quarters with 5+ product launches expected in Q4 FY25. We downgrade our FY25E/FY26E/FY27E EPS estimates by 13.2% / 12.2%11.4% assuming lower API and domestic sales and higher operating costs. Maintain ‘Reduce’ rating at 22 times FY27E P/E with revised target price of Rs 1,004..Click on the attachment to read the full report:.Gland Pharma Q3 Results: Profit Rises 7%, Revenue Falls 10%.DISCLAIMERThis report is authored by an external party. NDTV Profit 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 author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.