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The top 3 products of the US business contributed around 25-30 percent to the overall US revenues.
Net Sales are expected to increase by 7.4 percent Y-o-Y (up 8 percent Q-o-Q) to Rs. 4,308.8 crore, according to Emkay.
Net Sales are expected to increase by 10.7 percent Y-o-Y (down 0.3 percent Q-o-Q) to Rs. 4,257.3 crore, according to Prabhudas Lilladher.
Net Sales are expected to increase by 7.3 percent Y-o-Y (down 1 percent Q-o-Q) to Rs. 3,969.1 crore, according to Kotak.
Net Sales are expected to increase by 9.5 percent Y-o-Y (down 2 percent Q-o-Q) to Rs. 3,829.1 crore, according to Prabhudas Lilladher.
EBITDA margin is likely to contract by 325 bps YoY to 17.7% due to high material cost and muted sales growth in domestic business, Reliance Securities said
Net Sales are expected to increase by 6.9 percent Y-o-Y (up 4.3 percent Q-o-Q) to Rs. 4,185.8 crore, according to Sharekhan.
Net Sales are expected to increase by 4.3 percent Y-o-Y (up 1.7 percent Q-o-Q) to Rs. 4,081.6 crore, according to ICICI Direct.
For Lupin, Credit Suisse sees margin improving but weak Tamiflu season could be an overhang.
Brokerages such as HSBC, Credit Suisse and Citi have downgraded the stock based on the company’s guidance ahead.
Net Sales are expected to increase by 8.8 percent Y-o-Y (up 12.7 percent Q-o-Q) to Rs. 4,440 crore, according to HDFC Securities.
Net Sales are expected to increase by 7.8 percent Y-o-Y (up 11.7 percent Q-o-Q) to Rs. 4,401.4 crore, according to Sharekhan.
Net Sales are expected to decrease by 1 percent Y-o-Y (up 2.6 percent Q-o-Q) to Rs. 4,042.4 crore, according to ICICI Direct.
Cipla had reported a net profit of Rs 408.8 crore for the corresponding quarter a year ago.
Net Sales are expected to increase by 9.5 percent Y-o-Y (up 4.4 percent Q-o-Q) to Rs. 3,859.1 crore, according to Kotak.
"For the first time after six consecutive quarters, the pharma companies under our coverage will report double digit YoY growth of 13 percent in revenues,” said HDFC Securities
Net Sales are expected to increase by 6.2 percent Y-o-Y (down 2.8 percent Q-o-Q) to Rs. 3,805.3 crore, according to Edelweiss.
Analysts predict the last quarter of FY18 to be mixed bag with revenues expected to remain almost flat to a growth of lower single digit on year-on-year basis. The net profit is predicted to decline by around 9-10 percent.
In an interview with CNBC-TV18, Kedar Upadhye, Group CFO of Cipla spoke about the results and his outlook for the company.
CLSA estimates robust 30 percent earnings CAGR for FY18-20, while retaining Buy rating on the stock with a target price of Rs 750 per share.
Operating profit is expected to increase 16.7 percent year-on-year to Rs 791 crore and margin may expand 70 basis points to 19.3 percent in Q3.
As Indian drug makers brace up to report their third quarter earnings in the days ahead, analysts predict Q3 FY18 to be mixed bag with revenues expected to remain flat on year-on-year basis, though on sequential basis things may look much better.
Margin improvement will be closely watched as it had expanded sharply in Q1 to 18.3 percent from 16.7 percent YoY, added product mix improving and cost control.
Net Sales are expected to increase by 6.7 percent Y-o-Y (up 13.5 percent Q-o-Q) to Rs. 4001 crore, according to Kotak.
In an interview to CNBC-TV18, Pravin Herlekar, CMD of Omkar Speciality Chemicals discussed the company's Q1 performance.