Investor Presentaiton
Revenue performance by Geography
J Sequent
Proven Ability In Life Sciences
ALIVIRA
All values in Mn
QoQ Gr%
YoY Gr%
YoY Gr%
Revenue Distribution
Q4 FY23 Q3 FY23
QoQ Gr%
Q4 FY22 YoY Gr%
FY23
FY22
YoY Gr%
(In cc)
(In cc)
(In cc)
Formulations
2,559
2,588
(1.1%)
(6.3%)
2,493
2.6%
2.9%
10,009
9,686
3.3%
9.9%
Europe
1,146
1,050
9.1%
4.1%
1,024
11.9%
7.0% 4,147
4,205
(1.4%)
1.7%
Emerging Markets
1,201
1,252
(4.1%)
India
213
286
(25.7%)
APIs
941
1,072
Other Sales
10
25
Global Sales
3,511
Adjustment* - Ind AS 29 156
Reported Sales
3,685
69
(12.1%)
NM
(4.7%)
(10.5%) 1,253 (4.1%)
(25.7%) 217
(12.2%) 1,273
NM
70
(8.4%) 3,837
(0.8%)
(2.0%) (2.0%) 1,055
(26.1%) (31.8%) 3,808
NM NM ☐☐
102
(8.5%) (10.2%) 13,920 14,128
4,807
4,461
7.8%
15.9%
1,021
3.4%
3.4%
4,314
(11.7%) (15.4%)
128
NM
(1.5%)
NM
2.2%
289
3,667
3,753
(2.3%)
(8.0%)
3,837
(4.4%)
(9.9%)
14,209 14,128
0.6%
2.2%
Following strong growth in Q3, Q4 revenue was lower by 8% cc vs. Q3 FY23. Despite multiple headwinds across geographies, in FY23, recorded a growth of
2.2% y-o-y in cc terms
Formulations Business :-
Europe clocked 7% yoy growth in Q4. FY23 was relatively flat with growth of 1.7% over FY22. Implemented strategic initiatives to streamline operations and optimize cost
structures.
Emerging Markets segment continues its growth trajectory despite a muted LATAM sales during Q4 FY 23. In FY23, the region delivered a robust 15.9% cc growth despite
major headwinds in Turkey.
API business: Top 10 customers continue to contribute ~58% of sales. Comprehensive margin and operations improvement program underway. New investment in capacity
expansion and R&D capability
-
cc Constant Currency
*Adjustment on account of hyperinflation in Turkey as per Ind AS 29
_
NM Not Material
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