Creating a Global Company

Profitability Gross Margin 73% 72% 71% 74% 64% 65% 64% 64% FY18 FY19 FY20 FY21 SUN PHARMA EBITDA Margin Adjusted Net Profit Margin 25% 21% 20% 20% 20% 17% 16% 16% FY18 FY19 FY20 FY21 18% 13% 14% 13% 14% 10% 9% 9% FY18 FY19 FY20 FY21 Gross margin= (Net Sales - Material Cost) / Net Sales * 100 Sun Pharma Range of Top 9 Indian Pharma Cos. #Top 9 Indian Pharma company include Aurobindo, Cadila Healthcare, Cipla, DRL, Glenmark, Ipca, Lupin, Torrent and Wockhardt. Average 14 14

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