• SENSEX
    NIFTY 50
VIDEOS
Healthcare

Profitability & growth sustainable for domestic pharma companies: InCred Financial

Updated : July 12, 2021 16:33:24 IST

The domestic pharmaceutical market slowed to a growth of just 2 percent in FY21 after posting an 8-10 percent CAGR growth from FY16 to FY20.

Speaking in an interview with CNBC-TV18, Aditya Khemka, fund manager at InCred Financial Services, said, “We will continue to invest in companies, which are more domestic-oriented because we feel the profitability and growth are far more sustainable than they are for the regulated exports market.”

“In terms of our portfolio, we have 33 percent of the portfolio in companies, which are more domestic pharma oriented and 15 percent of the portfolio is hospitals and diagnostics put together,” he said.

Also, watch the accompanying video of CNBC-TV18’s Ekta Batra who took a deep dive into the domestic pharma market to assess why the market slowed down, especially in a year of COVID-19 related sales and what is the estimate for growth going forward.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV

recommended for you

Advertisement