Emcure Pharmaceuticals IPO: The Good and The Bad 

Emcure Pharmaceuticals IPO: The Good and The Bad 

Published: 02nd July 2024

About Emcure Pharmaceuticals

The company produces off-patent generic medicines, injectables, and APIs in various therapies. India is its largest market, contributing 48% of revenue, where it leads in gynaecology and HIV antivirals.

IPO details

Post IPO

Financial History

Ebit is earnings before interest and tax PAT is profit after tax

Key ratios

ROE is return on equity ROCE is return on capital employed

The Good

It has a strong presence in the domestic market with leadership in niche categories. It is among the top 10 players (in terms of market share) in multiple chronic therapeutic areas.

The Good

The company enjoys operational efficiency, thanks to its vertical integration. It has 13 manufacturing facilities across India and a solid distribution network in the international market.

The bad

The company’s focus in generics is a key pitfall. To find out why, and to read the complete risk report, head to our story from the link below.