Shivam Puri Profile picture
23| SWE @MoodysAnalytics | Investor
Oct 5, 2020 4 tweets 2 min read
Thread on #Laurus Labs

Having Market Capitalization of 14247 cr , laurus labs is a vertical integrated pharma company operating across three segments –APIs, formulations and (CDMO).

It provides CDMO services to 4 out of top 10 big pharma companies and several biotech company Laurus has demonstrated commendable execution capability in this segment growing 165x from 5 crore to 825 crore in FY18-20 .
In order to supplement future growth, a 300+crore capex plan is already under way to increase current capacity by 1.8x by H2FY22E.