CIPLA: CAN REPORT DISAPPOINTING PAT: STOCK CAN TOUCH NEW LOW(TP 503)

Q3NP Est.     Name
Rs/Cr
506.              MS
469               Axis
450.              IDFC
465.              PL
500.             Equirus
430.             Edelweiss
All above analysts may prove horribly wrong bcoz we estimate Q3 ACTUAL NP to be 342-348 crore range. It means ACTUAL NP to be LOWER by 20% to 31% (against above referred estimates).
ACTUAL NP to be substantially LOWER than CNBC estimate of 414 cr. Moreover, SALES can also witness DEGROWTH. EBIDTA to crash to 465 cr against ESTIMSTE of 698 cr. Sales for Q3  can be 3155 cr as against CNBC ESTIMATE of 3412 crores and MS sales estimate of 3615 crores.
Q3 also looks highly disappointing as co had NP of 690cr in Q1 and 431cr in Q2
SELL SELL. TP Rs 524.80, 514.60, 503.
Coming quarters also should be subdued as Cipla is acquiring 2 US based firms in ALL CASH DEAL worth 550 million dollars ( turnover only USD 200 million). This acquisition should put margin pressure.
Our this call should also be accurate like Maruti PNB etc