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Morepen Lab

Silver Member

1418 Messages

@rohankunk, please go through the annual report. They have talked about expansion plan in detail. There they have mentioned 4K 2k 2k 1k = 9k cr additional revenue…so they are projecting 10k cr revenue in 4-5 years.. there is also 12 ANDA approval in process. After ANDA approval profitability in API business will be like any other top pharma company which is 20-22%… so consider they achieve 70% of the projected numbers…7k cr revenue with 15% profit which would be EPS 15 (it can be higher as well)… so share price should reach ~500 in 4-5 years … they are going to add 16 billion USD market size new products in 2021-2022… so expect some blockbuster API announcement in next 6-9 months… I am not going to sell a single share …till 2026

12.34 AM Jun 12th
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