Add Natco Pharma, target price Rs 1145: ICICI Securities

ICICI Securities has add call on Natco Pharma with a target price of Rs 1145. The current market price of Natco Pharma Ltd. is Rs 1074.3.

Natco Pharma Ltd., incorporated in the year 1981, is a Mid Cap company (having a market cap of Rs 18515.48 Crore) operating in Pharmaceuticals sector.

Natco Pharma Ltd. key Products/Revenue Segments include Pharmaceuticals, Sale of services, Export Incentives, Job Work, Scrap for the year ending 31-Mar-2023.


Financials
For the quarter ended 31-03-2024, the company reported a Consolidated Total Income of Rs 1110.30 Crore, up 39.56 % from last quarter Total Income of Rs 795.60 Crore and up 19.79 % from last year same quarter Total Income of Rs 926.90 Crore. Company reported net profit after tax of Rs 386.30 Crore in latest quarter.