The fundamentals of the company should be judged based on the specialty pipeline and a strong footing in the domestic market
Ami Organics gets 87 percent of the revenue comes from pharma space wherein it manufactures intermediates for APIs and NCE (New Chemical Entities). Rest of the revenue comes from chemicals segment. While company’s foray into the lithium-ion batteries and the semiconductor industry value chain is a key watch, ramp-up in CDMO (Contract Development and Manufacturing Organization) contracts is expected to be the key earnings catalyst. In the recent quarterly result, there was a sharp pick up in the CDMO business. At the same time, guidance for next three years suggest that high growth phase to sustain.
The new APIs are in addition to a contract for 15 molecules for the client signed earlier this year. Bajaj Healthcare said the new CDMO pipeline comprises of off-Patent generic APIs as well as APIs that are still under patent.
The quarter also reported four IPOs totaling $466 million, a doubling in volumes compared to the previous quarter
SEBI is concerned that algo developers promise lofty returns to gullible traders, and bypass SEBI rules applicable to registered investment advisors (RIA) as mandated by SEBI. Misselling too is a huge problem.
The pharma company is well positioned to take advantage of emerging opportunities
Capex in Ankleshwar, pick-up in supplies for Fermion and a foray into the electro-lyte additive business are the other factors prompting the company to expect a bounce-back in growth in FY25.
The company has a good repute in the fermentation-based API segment. A number of fermentation-based biologic drugs are expected to lose exclusivity in the next two years, and this opens a $60 billion opportunity.
The majority of cyber attacks on APIs deployed in the Indian financial sector was due to security misconfiguration, the joint white paper by CERT-In, Mastercard, and CSIRT-Fin said
Google says companies can use these APIs to provide up-to-date environmental information to customers.
Pickup in collaboration between global pharma majors and Indian firms for pharma ingredients/molecules, development of new products among positives.