BQ Prime'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 BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
HDFC Securities Retail Research
Marksans Pharmaceuticals Ltd.'s portfolio is skewed towards over-the counter segments and soft gel products mainly in the U.S. and UK markets.
Given its front-end presence in these markets, it has been able to monetise opportunities optimally. OTC segment is likely to see a stable demand with low price erosion.
Consolidated revenue grew at compound annual growth rate of 13% over FY18-22, led by the shift to front-end distribution through its subsidiaries located in U.S., UK and Australia, product launches, increased market share in existing products and increased capacities.
Marksans is primarily into exports of oral solid formulations with a special focus around OTC and soft gelatin/hard gelatin formulations.
It generates majority of its revenues from the OTC business, (~70% of total revenues), while the balance from the Rx business.
While the oral solid business is immensely competitive, it still sees opportunity to build on the base it has created by virtue of its diversified global presence and focused approach.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BQ Prime 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 BQ Prime.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
