ECONOMY

Cadila Healthcare Q4 Review – Strong Domestic Growth Mostly Offset By U.S. Decline: ICICI Direct

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Cadila Healthcare Ltd.’s Q4 revenues grew 2.5% YoY to Rs 3847 crore.

Domestic formulations grew 14.7% YoY to Rs 1023 crore.

U.S. sales fell 14.3% YoY to Rs 1509 crore. Wellness segment grew a robust 22.1% YoY to Rs 598 crore.

Emerging markets grew 45.5% YoY to Rs 250 crore.

Active pharmaceutical ingredient segment grew 19.9% YoY to Rs 140 crore. Animal health segment grew 25.2% YoY to Rs 150 crore.

Ebitda margins expanded 115 basis points YoY to 22.2% mainly due to lower other expenditure partly offset by lower gross margins.

Subsequently, Ebitda grew 8.1% YoY to Rs 855 crore.

Click on the attachment to read the full report:

ICICI Direct Cadila Q4FY21 Result Update.pdf

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