ECONOMY

Alembic Pharma Q4 Review – Strong Rest Of The World Performance, API Sales Offset U.S. Decline: ICICI Direct

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Alembic Pharmaceuticals Ltd. Q4 revenue grew 6.1% year-on-year to Rs 1,280 crore with strong growth in rest of world formulations and active pharmaceutical ingredient segment being partly offset by 17.7% YoY decline in U.S. sales to Rs 475 crore.

Domestic formulations grew 4.7% YoY to Rs 358 crore.

RoW sales grew a robust 76.5% YoY to Rs 233 crore whereas API segment grew 38.1% YoY to Rs 214 crore.

Ebitda margins declined 45 basis points YoY to 26.7% with lower gross margins being mostly offset by lower employee cost.

Ebitda grew 4.3% YoY to Rs 342 crore.

Adjusted profit after tax grew 6.5% YoY to Rs 251 crore.

Click on the attachment to read the full report:

ICICI Direct Alembic Pharma Q4FY21 Result Update.pdf

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