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SUNPHARMA Healthcare 15 Nov 2023

Sunpharma Ltd — Q2 FY24

Sun Pharma reported Q2 FY24 consolidated revenue of INR 12,003 crore, up 11% YoY, driven by India formulations (11.1% growth) and global specialty sales (19.3% growth to $240M).

neutral medium
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Revenue ₹12,192 Cr +11%
EBITDA ₹3,179 Cr +7.5%
PAT ₹2,385 Cr +5%
EBITDA Margin 26% -90bps
Duration
Read Time 1 min read

✓ Verified against BSE filing

Risk Intelligence

Material risks this quarter

Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.

Risks

R

Halol plant remediation uncertainty

Halol plant remains under FDA scrutiny; no timeline for re-inspection or resolution, impacting US generic supply.

high · analyst_question
R

Taro Israel operations exposure

Taro's operations in Israel may be impacted by regional conflict, though management says business continuity is maintained.

medium · analyst_question
R

US generic pricing pressure

Management sees no significant improvement in generic pricing environment; pricing remains product-specific and competitive.

medium · management_commentary