Prøve GULL - Gratis
Natco Pharma's cyclical model leaves revenue outlook cloudy
Mint Mumbai
|December 04, 2025
Shares of Natco Pharma Ltd have dropped 38% from the 52-week high of ₹1,505 (December 2024), as the Street grows cautious about its high-risk, high-reward business model.
Natco focuses on extremely complex, niche drugs, mainly in cancer treatment, injectables, peptides, and legally challenged patents in the US. Natco doesn’t wait for patents to expire; it challenges them through the Para-IV process.
If Natco wins or settles, it gets permission to launch the generic version early. This brings rewards when it works, but the advantage lasts for a limited period, creating earnings volatility. Revenue fell from around ₹1,371 crore in Q2FY25 to ₹475 crore in Q3FY25, and margins collapsed from nearly 59% to 8%.
Denne historien er fra December 04, 2025-utgaven av Mint Mumbai.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Mumbai
Mint Mumbai
IT sheds weight in indices as AI rises
Combined weight of IT cos in BSE Sensex down to 18-year low
3 mins
December 04, 2025
Mint Mumbai
JFE's mega deal for Bhushan Steel to help JSW slash debt
In a deal that is expected to ease its stretched balance sheet while sustaining an expansion drive, billionaire Sajjan Jindal-led JSW Steel will transfer the steel assets of Bhushan Power & Steel Ltd (BPSL) into a new 50:50 joint venture with Japan’s JFE Steel Corp.
2 mins
December 04, 2025
Mint Mumbai
Small-town wealthy dive into high-risk PMS schemes
Sophisticated, high-risk investments are no longer confined to the rich in metropolitan cities.
3 mins
December 04, 2025
Mint Mumbai
Rupee past 90
For the rupee, finding a floor seems to be getting difficult. On Wednesday, it slid past the psychologically-important 90 mark against the dollar to touch an all-time low of 90.29, before recovering slightly to end at 90.19.
1 min
December 04, 2025
Mint Mumbai
INDIA'S SOLAR BOOM SHOWS 'CHINA' CRACKS
A massive solar module oversupply in India could force a painful industry consolidation. Who will survive?
9 mins
December 04, 2025
Mint Mumbai
BIG SHIFTS, SMALL BUYS DEFINE INDIA'S UPI ERA
An average Indian uses UPI to make payments worth around ₹580 per day, and this is rising rapidly. The growth is driven by the rising popularity of small-value payments for groceries and eating out, a Mint analysis reveals.
3 mins
December 04, 2025
Mint Mumbai
Russian co eyes terminals, shipbuilding push in India
State-affiliated Delo Group is eyeing India’s inland waterways and strategic ports for projects
2 mins
December 04, 2025
Mint Mumbai
Sanchar Saathi: The flip-flop over a tracking app
India's communications ministry on Wednesday rolled back its move to make Sanchar Saathi, a lost phone tracking app, mandatory for all mobile devices.
2 mins
December 04, 2025
Mint Mumbai
Fed chair interviews cancelled as US President homes in on pick
The Trump administration canceled a slate of interviews set to start this week with a group of finalists to be the next chair of the Federal Reserve as President Trump again suggested he had made up his mind about who should lead the central bank.
3 mins
December 04, 2025
Mint Mumbai
Putin's visit is an opportunity to recalibrate relations with Russia
New Delhi and Moscow need to look beyond the past in a rapidly evolving geopolitical context
3 mins
December 04, 2025
Listen
Translate
Change font size