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Sunday, May 09, 2010

**[investwise]** Granules India-Mutlibagger

 

Granules India-Multibagger
BSE 532482
 
Granules India a vertically integrated formulations manufacturer has posted Consolidated Revenues of Rs 461 crore and after tax profits of Rs 30 crore for the FY ended March 2010. The basic EPS works out to Rs 15.
 
Over the course of FY10 Granules took several steps to strengthen it's long term growth trajectory. The corporate has signed several contracts with leading MNCs that will constitute a majority of it's formulation block capacity when production for the orders commences later this year.
 
Granules also expects to receive approval for several ANDA's during FY11, which too shall be promoted to MNC clientele, in order to build core reputation as a reliable source of quality production of pharmaceuticals.
 
Granules is a vertically integrated formulation manufacturer of finished dosages, pharmaceutical formulation intermediates and active pharmaceutical ingredients which are distributed in over 50 countries. The company operations and logistics expertise along with it's selling strength allows high quality produce across the pharmaceutical manufacturing value chain at a cost-effective price.

Safe Harbor Statement:

Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.
 
Nothing in this article is, or should be construed as, investment advice.
 
 
 

 
 

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