Jefferies Maintains Buy Rating on Ajanta Pharma with Target Price of ₹3550 on Q4 All-Round Beat
Jefferies has maintained a Buy rating on Ajanta Pharma with a target price of ₹3550, supported by a Q4 all-round beat driven by Africa growth of +37% YoY and US growth of +55% YoY. The brokerage cited improving supply chain normalization and a positive management outlook on branded generics, while noting that US momentum is moderating. India growth remained moderate and Asia saw temporary weakness during the quarter. The positive view is partly offset by a 3% cut to FY27E EPS estimates due to a higher tax rate.
Ajanta Pharma's Q4 FY25 results show 11% YoY revenue growth to Rs 11.70 billion and 11.10% PAT increase to Rs 2.30 billion. EBITDA grew 6.80% YoY to Rs 2.97 billion, but margins contracted. Systematix maintains 'Buy' rating with revised target price. Results published in Business Standard and Navakal on May 1, 2025.
30Apr 25
Ajanta Pharma Reports 11% Growth in Q4 Profit and Revenue, Margin Contracts
Ajanta Pharma Limited announced strong Q4 FY2025 results with revenue up 11% to ₹1,170.00 crore and net profit increasing 12.50% to ₹225.00 crore. EBITDA grew 6.83% to ₹297.00 crore, though the EBITDA margin slightly decreased. The company distributed ₹700.00 crore to shareholders in FY2025, representing 76% of PAT. An earnings conference call is scheduled for April 30, 2025, to discuss the results further.
21Mar 25
Ajanta Pharma Joins FTSE All World Index, Expands Manufacturing Capacity
Ajanta Pharma has been added to the FTSE All World Index, potentially attracting $23.80 million in foreign investment. The company also announced plans to triple its liquid formulation production capacity from 6 million to 18 million bottles annually at its Pithampur site. This Rs. 92 crore expansion project, funded through internal accruals, is expected to be completed by Q1 FY 2026.
20Mar 25
Ajanta Pharma to Invest ₹92 Crore in Pithampur Facility Expansion
Ajanta Pharma Limited plans to invest ₹92 crore to expand its Pithampur manufacturing site, adding a new liquid formulation facility. The expansion will increase production capacity from 6 million to 18 million bottles per annum on a single shift basis. The project, financed through internal accruals, is set to be completed by Q1 FY 2026. This strategic move aims to meet growing global demand and alleviate current production pressures, with the existing facility operating at 175% utilization.