India Branded business up 17%
Financial Highlights
- Net Sales for the quarter at Rs 1272 crores.
- Net Profit for the quarter at Rs 176 crores.
- Net sales for 9M FY22 at Rs 3890 crores.
- Net profit for 9M FY22 at Rs 510 crores.
New Delhi, February 11, 2022: Alembic Pharmaceuticals Limited today reported its consolidated financial results for the quarter ending 31stDecember 2021. The net profit of the company stands at Rs 176 crores for this quarter with net sales at Rs 1272 crores. Net sales for the 9 month period (FY22) is at Rs 3890 crores with net profit during the same period at Rs 510 crores.
Mr. Shaunak Amin, Managing Director, Alembic Pharmaceuticals Limited said“India Branded business has posted a strong growth rate for the third consecutive quarter. Strong operational performance is attributed to consistent efforts of team and strengthening of customer relationships. Branded business witnessed market outperforming growth across most of the key products and therapy areas.”
Operational Highlights
International Generics
- US Generics at Rs393 crores in the quarter and at Rs1109 Crores for 9M FY22.
- Ex-US International Formulations atRs 193 Crores in the quarter and at Rs587 Crores for 9M FY22.
- 6 ANDA filings during the quarter; Cumulative ANDA filings at 220.
- 4 ANDA approvals received during the quarter including 2 tentative; 154 Cumulative ANDA approvals including 20 tentative.
India Branded
- India Branded Business at Rs488 crores in the quarter and at Rs1478 crores in the 9M FY22.
- Acute & specialty segment grew faster than IPM.
API
- API business atRs198 crores in the quarter and at Rs716 crores for 9M FY22.
- 1 DMF was filed in the quarter.
Summary of Total Revenue is as under:
(Rs in Crores)
| Particulars | Q3 FY22 | Q3 FY21 | % Change | 9M FY22 | 9M FY21 | % Change |
| Formulation | ||||||
| USA
Ex-US |
393
193 |
512
171 |
(23%)
13% |
1109
587 |
1689
544 |
(34%)
8% |
| India | 488 | 418 | 17% | 1478 | 1138 | 30% |
| API | 198 | 214 | (7%) | 716 | 741 | (3%) |
| Total | 1272 | 1314 | (3%) | 3890 | 4113 | (5%) |
Summary of Profit is as under: (Rs in Crores)
| Particulars | Q3 FY22 | Q3 FY21 | % Change | 9M FY22 | 9M FY21 | % Change |
| EBITDA Pre R&D | 406 | 536 | (24%) | 1233 | 1713 | (28%) |
| EBITDA Pre R&D % | 32% | 41% | 32% | 42% | ||
| EBITDA Post R&D | 269 | 401 | (33%) | 791 | 1272 | (38%) |
| EBITDA Post R&D % | 21% | 31% | 20% | 31% | ||
| Profit Before Tax | 209 | 352 | (41%) | 616 | 1126 | (45%) |
| Net Profit after Tax | 176 | 293 | (40%) | 510 | 927 | (45%) |
Corporate Comm India (CCI Newswire)
