Alembic Pharmaceuticals Limited, a vertically integrated research and development pharmaceutical company, has been at the forefront of healthcare since 1907. Acquired Dabur’s Indian Cardiology, GI and Gynaecology brands during 2007 and Pharmaceuticals business demerged from Alembic – APL during 2010. APLLTD is a Low debt company and operates with good margin. The Company is able to increase their revenue by 15% cagr and profit by by 27% cagr during the last 8 years including even during Bad times of pharma since the last 4 years. So this good performance gave a good return as Investment of 1 lakh is already 15 Lakh and almost 50% investment is refunded via dividends during the last 8 years. Many people in this group were holding this company since 60 during IPO and have rallied till 791 and enjoyed the rally from 2012 to 2015. During 2015 as all pharma came down even Aplltd fell 50%, but still you all show patience for a long time.
Current year Revenue has grown by 28% shows huge demand and Profit of 65% which were better than expectations. We were expecting lifetime high profits & hence buying has been recomended near 500 during past fall. We saw a good rally post corona due to high growth from 500 to 100. Considering current earnings which are little less then what was expected, new buying again can be done during any fall near 800 (Upgraded from 700) and can hold it for long term wealth. Will be able to see a multiyear rally. Strong 73% Promoter Holding while 10% with FPI and 5% with MF.