Sanofi India Limited is one of the entities through which Sanofi operates in India. It was incorporated in May 1956 under the name Hoechst Fedco Pharma Private Limited.
Over the years, its name was changed to Hoechst Pharmaceuticals Private Limited, Hoechst India Limited, Hoechst Marion Roussel Limited and Aventis Pharma Limited. Today, it employs more than 3,000 employees across India.
Sanofi, one of the world’s leading healthcare companies, and its 100% subsidiary – Hoechst GmbH, are the major shareholders of Sanofi India Limited and together hold 60.4% of its paid-up share capital. The shares of Sanofi India Limited are quoted on the Bombay Stock Exchange (Security Code: 500674) and the National Stock Exchange (Security Code: Sanofi).
Sanofi India Ltd is a Mid Cap company, having a market capital of Rs 17395.95 Crore.
The company develops medicines in therapeutic areas such as cardiovascular disease, thrombotic diseases, metabolic disorders, oncology, disorders of the central nervous system, internal medicine and vaccines.
Their product portfolio consists of leading brands like Clexane, Cardace, Daonil, Lantus, Taxotere, Soframycin, Combiflam, Arava, Lasix and many more.
For the quarter ended 31-12-2019, the company has reported a Standalone sale of Rs 826.30 Crore, up 6.06 % from last quarter Sales of Rs 779.10 Crore and up 22.11 % from last year same quarter Sales of Rs 676.70 Crore Company has reported net profit after tax of Rs 97.30 Crore in latest quarter.
As per “Financial Trend” Sanofi India reported Positive Financial performance in Dec-19. The score has improved to 12 from 6 in the last 3 months (Financial Trend is the latest financial score of the company using over 200 parameters including quarterly results, P&L, balance sheet, cash flow and shareholding pattern).
As on 31-12-2019, the company has a total of 23,030,622 shares outstanding.
If you find any mistake please contact the firstname.lastname@example.org. This article is general in nature. It does not constitute a recommendation to buy and sell any stock, and does not take account of your objectives, or your financial situation. Largecapindia has no position in the stocks mentioned. Largecapindia aim to bring you long term focused research analysis driven by fundamental thanks you.
For More Info : https://www.largecapindia.com