Sunday, 13 May 2018

Share Office In Salem

Share Office In Salem

IPCA Laboratories Ltd

IPCA Laboratories Ltd is a fully integrated pharmaceutical company. Due to non-compliance with US FDA requirements, IPCA profits declined during FY15-FY17. 

We believe the worst is over for IPCA and is likely to show strong PAT growth in FY19E-20E due to (a) likely resolution of the USFDA issue leading to a revival of US sales (b) ramp up in the institutional antimalarial sales, and (c) improvement in profitability with margin expansion as remediation expenses will decline from FY19E.

For better investment contact
KKP CAPITAL, 9894333189

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