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Earnings

Cipla Q1 Earnings Preview: What you should watch out for

Updated : August 07, 2019 08:35 AM IST

Cipla will be reporting its June-quarter earnings on Wednesday and analysts expect the company to report a good set of results this time.

  • Cipla is expected to show a revenue growth of around 14 percent, EBITDA of around 13 percent with profit growth of around 7.6 percent. So the margins should probably come in at around 21.1 percent this quarter.

  • In terms of the overall expectations, one can expect a healthy quarter for Cipla. The US yields are estimated to probably decline on a quarter-on-quarter (QoQ) basis. The street is working with around USD 130-160 million. This compares to around USD 163 million last quarter and USD 100 million on a year-on-year (YoY) basis.

  • One should watch out for the institutional business because that recovered for the likes of Strides. So one should just wait and see what Cipla would deliver when it comes to their institutional business.
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