Poly Medicure: Growing With Care, Therapy

Company Name Poly Medicure Current Market Price Rs 1,499 Calendar Year Return 65.53% *** Poly Medicure is a leading name in the healthcare sector in India and our core pick in this space. Investing Rationale Growth: The company is well-positioned to register growth in domestic business due to several factors. These include growth in infusion therapy and/or renal care segments, demand growth in export business, which is to be mainly led by the Europe market and is expected to fetch the company market share as well as new customers, launch of (class II) infusion products in the US, which is expected to generate revenue of $15-20 million annually in the next four years, and lastly, higher export revenues. Exports: Export revenues contributed to 64 per cent of total revenues and showed strong growth of 25 per cent year-on-year (y-o-y) and 7 per cent quarter-on-quarter (q-o-q) led by nfusion...