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Covid-19 drugs and vaccines to drive Cadila Healthcare’s prospects

India covid-19 vaccine patient
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₹11,995/dose, with dispatches having started. Analysts at a domestic brokerage say the opportunity is huge and even if the company targets 1 crore patients, the size would be as large as their domestic business.In another development, Zydus Cadila entity is to sell its India-focused Animal Health Business to Multiples Alternate Asset Management-led consortium.

The sale of the business would fetch about Rs2,920 crore on a slump sale basis. As per analysts at Motilal Oswal Financial Services Ltd, the business had sales of Rs600 crore (up 17% YoY) and an EBITDA margin of 25% ( up 800bps YoY) in FY21.

This implies EV/sales of 5times and EV/EBITDA of 19 times. Analysts feel valuations are decent considering its leadership positions across.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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