No#1 with 8.3% Indian market share. A fastest growing company among India Pharma industry. During 2001 revenue & Profits were 600 cr and 100 cr while today able to make revenue and profits of 34000 cr and 4000 cr respectively. Today’s profit is 6X to yesterday's revenue. Hence Sun Pharma has created Huge wealth for investors and Investment of 1 lakh is already 50X plus Twice the investment has been returned via dividends during the last 2 decades, in spite of bad performance since the last 5 years. Should note that Sunpharma is the biggest but not the best as margins are just 11% and having a debt of around 4000 cr. There are several other choices like Divis, Pfizer, Abbott etc which are debt free and with better margins.
Q1 results are again flat and sales have fallen by 9% which were as expected while Profits were in losses due to exceptional 1 time items. If we remove exceptional items then profit has fallen by 12%. Yes this year we have seen a good turn around in overall Pharma. Again new buying can be done near 415 and can hold it till 900 target in next 2-3 Years. LIC has added 7.6 lakh shares 2 years back near 550. Around 55% promoter holding where 11% are pledged shares along with 10% MF companies and 15% varied FII.