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Login Open ICICI 3-in-1 Account

Entry Price

361.00

Target

480.00

Recommend Date

16-02-2021

Return

32.96 %
BUY

Date : 16-02-2021

Q3 revenues grew 23.0% YoY to | 137.7 crore on the back of 34.9% YoY growth in human healthcare (HC) segment to | 108.9 crore. Animal HC saw a decline of 29.5% YoY to | 10.5 crore whereas industrial processing segment grew 12.3% YoY to | 18.3 crore. EBITDA margins expanded 97 bps YoY to 48.2% with lower employee & other expenditure being partly offset by lower gross margins. Hence, EBITDA grew 25.6% YoY to | 66.4 crore. PAT grew 28.2% YoY to | 43.1 crore in-line with operational performance.