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#lauruslabs Q2 EC transcript

Laurus Synthesis Private Limited ,CDMO subsidiary signed multi-year contract with global life science company in Q2 ,entails complete drug development & mfng portfolio niche APIs

Evolving China issues - impact API prices,RM,logistics

Confident Rev target billion in fy23

Rev 495 cr, 👍10% yoy
Share - 41% vs 35% in fy21

launched triple combinatn of Tenofovir ,Alafenamide

US mkt
Filed 2 ANDAs, 4 in H1
Total 30
9 approvals, 9 tentative

11 approvals
Launched 5 ,2 in H2

MPP & Merck licensing agreement for Molnupiravir
MPP & laurus partner in HCV & FC drugs, to approach for Molnupiravir

added 1bn capacity in Q1
Brownfield Capex to achieve 10bn unit capacity in Formulations

Sales 👎11% yoy to 339 cr

Expanding capacity in Unit 4
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