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19-Feb-2025

Kopran

Expects more than 50% of business to come from CMO and CDMO in next two years


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Kopran hosted a conference call on Feb 15, 2025, which was hosted by the following representatives: Mr. Surendra Somani, Executive Vice Chairman, and Mr. Sanjay Dosi, Advisor.

Key takeaways of the call

The environment in the API industry remains challenging. However, management expects gradual recovery in the API business.

In Q3 FY25, net profits were impacted by forex losses due to mark-to-market accounting. During the quarter, the company reported forex losses of Rs 3.07 crore.

The company is engaged in various CMO projects for 15 dosage forms and CDMO projects for 11 dosage forms, which are either completed or near completion and focused for the regulated markets.

Further, CMO projects for 8 dosage forms and CDMO projects for 10 dosage forms are under development again for the regulated markets. Commercialization is expected between 12 to 24 month...



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