Scripscan:Shilpa Medicare Ltd
cmp:233
Code:530549
Story:Shilpa Medicare Limited has carved a niche for itself in the exceedingly competitive and quality-conscious sphere of pharmaceuticals manufacturing. It produce and export consistently high-quality Active Pharmaceutical Ingredients, Fine Chemicals, intermediates, herbal products and speciality chemical products using sophisticated technology, meticulously following international specifications.The company has earned its spurs as a successful and reliable partner within the pharmaceutical industry. Buyers within the country and from across the borders count on its fast track integrated process development and finely honed expertise of its skilled and experienced personnel. The Company is already exporting to USA, Canada, Australia, Japan and European Countries viz., Germany, Switzerland, Netherlands, Belgium, Spain, Greece, Cyprus, Italy, United Kingdom etc., South American Countries like Mexico, Brazil, Columbia etc., African Countries like Kenya, Nigeria and West Indies etc., Asian Countries like Singapore, Taiwan, China, Malaysia, Thailand and closer to home to Iran, Egypt etc.Shilpa's primary goal is to create cGMP facilities to manufacture Oncology API's that will enable it to obtain approvals from EDQM, UK MHRA, TGA Australia, Health Canada and USFDA.The company plans to become a leading global supplier in pharmaceuticals by 2015 with a focus on Oncology API's and formulations and contract research and manufacturing services. By supplying products complying the above regulatory authorities to the pharmaceutical companies worldwide,the company's turnover would grow manifold which in return would help its stock price to provide an optimum return on investment to its shareholders.The company has been a fancy of big PE investors(from barings to tano) which speaks about it strong business outlook.The company has been performing consistently well for the last several years and the same trend should continue going forward.I expect conservatively a CAGR bottomline growth of 25% for the coming 5 years.Altogether a good long term safe bet.
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