The Bidar plant ramping toward 1150 KL by FY27 is the whole ballgame; the latest print cooled a notch from the prior quarter but still reads constructive on margin.
Overall read
6.7/10
No price read
The three reads · this quarter
The Bidar plant ramping toward 1150 KL by FY27 is the whole ballgame; the latest print cooled a notch from the prior quarter but still reads constructive on margin.
Overall read
6.7/10
No price read
The three reads · this quarter
The standing reads · change less often
Moat
Moderate edge
Key variables
2 tracked
lead: Capacity UtilizationCapacity utilization has been trending up from around 65% in 9MFY25 to 67% for full FY25, reflecting steady utilization of existing assets as commercial volumes scale. Management targets 60-65% as reasonably full in a CDMO environment, indicating further headr
Walk the talk
Not enough data
as of Q1 FY270 of 0 guidance items delivered on time
Capacity expansion to 1150 KL by FY27 supports revenue growth.
Where it sits