Research ReportsMankind Pharma Q4 Review: Miss On Operating Performance, Dolat Capital Maintains 'Add' But Cuts Target Price
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Mankind Pharma Q4 Review: Miss On Operating Performance, Dolat Capital Maintains 'Add' But Cuts Target Price
Dolat Capital downgrades its FY26E/FY27E EPS estimates by 4.6%/3.1%, assuming higher opex, interest and amortization costs and maintain ‘Accumulate’ rating on Mankind Pharma.
Mankind Pharma achieved strong growth of 77% YoY in modern trade and ecommerce channels.(Photo Source: Company website)
Mankind’s domestic formulation revenues grew by 18.4% YoY in Q4 FY25, driven by BSV consolidation and outperformance in chronic therapies, partially offset by regulatory headwinds in certain key acute products and field force optimization initiatives. Ex BSV, domestic formulation growth was 10% YoY.