Suven Pharmaceuticals Ltd announced a significant 77.1% year-on-year (YoY) increase in net profit for the third quarter of FY25, reporting ₹82.9 crore compared to ₹46.8 crore in the same period last year. Revenue from operations also saw a strong rise, jumping 39.8% YoY to ₹307.2 crore from ₹219.8 crore in Q3FY24.
At the operating level, Suven Pharma’s EBITDA (earnings before interest, tax, depreciation, and amortisation) soared by 78.2% YoY to ₹117.8 crore from ₹66 crore. The EBITDA margin improved significantly, expanding to 38.4% from 30.1% in the year-ago period. The company’s gross margins for the quarter stood at 71.5%, while adjusted EBITDA margins came in at 38.7%.
The primary driver of Suven Pharma’s Q3FY25 performance was the pharma contract development and manufacturing organisation (CDMO) segment, which recorded a remarkable 101% YoY growth. This surge was supported by the company’s continued research and development (R&D) investments and business development initiatives.
In the pharma CDMO segment, the company also witnessed a twofold YoY increase in requests for quotations (RFQs) for the first nine months of FY25, reflecting sustained demand across different stages, driven by favourable macroeconomic trends.
During the quarter, Suven Pharma added two new molecules to its pipeline—one progressing to phase 3 and another being directly included in phase 3 as a lateral addition. This brings the total number of active phase 3 projects to 15, covering nine different molecules.
For the first nine months of FY25, Suven Pharma incurred a capital expenditure of ₹938 million. The company also generated ₹1.33 billion in free cash flow, further strengthening its financial position. As of the end of Q3FY25, it maintained a cash and bank balance of ₹2.82 billion.
On February 13, 2025, Suven Pharmaceuticals share price traded 4.26% higher at ₹1,090.23 at 9:18 AM (IST). Suven Pharmaceuticals’s share price reached a 52-week high of ₹1,359 on December 2, 2024, and a 52-week low of ₹597 on June 04, 2024. As per BSE, the total traded volume for the stock stood at 349 shares with a turnover of ₹3.79 lakhs.
At the current price, Suven Pharmaceuticals shares are trading at a price-to-earnings (P/E) ratio of 119.46x, based on its trailing 12-month earnings per share (EPS) of ₹9.71, and a price-to-book (P/B) ratio of 13.39, according to exchange data.
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Published on: Feb 13, 2025, 9:29 AM IST
Dev Sethia
Dev is a content writer with over 2 years of experience at Business Today, Times of India, and Financial Express. He has also contributed stories in Hindi for BT Bazaar and Khalsa Bandhan News Paper. A journalism postgraduate from ACJ-Bloomberg, Dev enjoys spending his spare time on the cricket pitch.
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