High And Sustainable MarginsConsistently strong gross and net margins provide structural profitability advantages vs peers, enabling reinvestment in R&D, branded growth and capacity. High margins also create a buffer against pricing cycles, supporting durable cash generation and return metrics over the medium term.
Conservative Balance Sheet And LiquidityA net cash surplus and low leverage give management flexibility to fund capex, complete integrations, and sustain pipeline investments without immediate financing. This financial headroom lowers execution risk for launches and M&A, improving resilience to regulatory or market delays.
Diversified Growth Engines And Pipeline MomentumBroad exposure across branded India, emerging markets, generics, APIs, biosimilars and CDMO plus tangible semaglutide and abatacept progress reduces reliance on any single product. Multiple secular growth drivers and an active filing pipeline support sustained revenue diversification and secular growth over 2–3 years.