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Friday, 22 March 2013

ABBOTT INDIA - long term BUY


  • Abbott Laboratories (MNC) -operating in pharmaceutical, nutritional and diagnostic segments in India.
  • Company is one of the best MNC pharma company currently available at attractive valuation. In past few years ,parent company is very aggressive in India to expand its business.As part of its global integration in 2012 Abbot India merged Solvay India with itself.
  • Abbot group operating in India through three units viz  Abbott India, Abbott Healthcare and Abbott True Care.

  • Abbot listed  units concentrating in  pain management, gastroenterology, thyroid and anesthesiology and  Its main brands includes  Brufen, Digene , Forane..etc. For FY 2012 Company reported a turnover of Rs.1652 cr ( Rs.1477 Cr in previous year) and a net profit of Rs.145 Cr ( Rs.120 Cr) .

  • EPS was Rs.68 and declared a dividend of Rs.17. A good stock for investment @ CMP Rs.1330 for long term investors. .

Annual results in brief
(Rs crore)
Dec ' 12Dec ' 11Dec ' 10Nov ' 10Nov ' 09
Sales1,652.691,477.481,018.95966.85784.33
Operating profit201.80175.8598.51117.61120.72
Interest0.020.030.040.010.20
Gross profit224.09195.15105.40123.62126.39
EPS (Rs)68.0956.6544.5555.0456.66

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