Q4 numbers has so many surprises like one time bonus to senior management, differed shipments due to red sea issue & unavailability of flight cargo, differed revenue recognization, Margin drop from Q1 onwards due to loss of PLI benifits
Still i feel lot of value is left in GLS as compared to any other API companies, CDMO rev can hit 1000 Cr on medium term with decent margins.
| Subscribe To Our Free Newsletter |
