PI Health Sciences Financial Overview
Outlook remains positive...on path to deliver guided growth for FY24
Pi
Inspired by Science
Domestic:
Focus on portfolio
diversification with high
quality revenue
CSM Export:
Technology focused approach
to drive incremental business
Health Sciences:
Building a differentiated play
in Pharma CRDMO space
Monsoon deficit in south and low reservoir levels
Elevated inventory levels in the industry for row crop Agchem products and price pressure from generics to
continue
Integrated crop solution approach with focus on quality of revenue and efficient NWC management
Continued scale up in demand of the newly commercialised products: to drive growth in next quarters
Solid R&D pipeline of diversified portfolio of Agchem, electronic, imaging and other specialty chemicals - 4 to 5
products to be commercialized every year - ~30% from non-Agchem
Capacity expansion in line with plan - to commission 2 plants in next 1-year
Operating model, functional and IT integration of acquired companies nearing completion
New business development efforts intensified
Build-up of Hyderabad research center and staffing at full swing; soon getting commissioned
Capex committed for upgrade of facilities and building cutting-edge capabilities at Lodi and Jaipur facilities
Progressing on strategic
initiatives in line with plan
Strong pipeline of Biologicals and Biostimulant products at different stages of development
•
Actively evaluating a few inorganic growth opportunities
Promising R&D leads progressing towards development phase
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