Eris Lifesciences Ltd (BOM:540596)
₹ 1353.8 11.3 (0.84%) Market Cap: 184.29 Bil Enterprise Value: 213.23 Bil PE Ratio: 52.93 PB Ratio: 6.65 GF Score: 93/100
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Q1 2022 Eris Lifesciences Ltd Earnings Call Transcript

Jul 29, 2021 / 10:30AM GMT
Release Date Price: ₹771.9 (+3.88%)
Operator

Ladies and gentlemen, good day, and welcome to the Q1 FY '22 Earnings Conference Call of Eris Lifesciences. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. V. Krishnakumar, Chief Operating Officer and Executive Director of the company. Thank you, and over to you, sir.

Krishnakumar Vaidyanathan
Eris Lifesciences Limited - Executive Director & COO

Thank you. Good afternoon, and welcome to our first quarter conference call. I'm Krishnakumar, and I'm happy to share the highlights of this quarter with you. As per AIOCD, the Indian pharma market growth for the quarter was 34% excluding COVID molecules. This growth was led by acute therapies, which have grown at 54% overall and at 44% -- 47% excluding COVID molecules largely on account of the low base of acute in quarter 1 of last year.

I'm happy to share that Eris continues to rank among the top 10 fastest-growing companies based on June MAT data. In fact, Eris is the only company on this list to have a single-digit contribution

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