Synopsis:
Anondita Medicare Ltd secured a major contract because the Lowest Bidder for supplying household planning merchandise underneath the federal government program.
The healthcare phase witnessed investor curiosity following the information of a authorities contract award for household planning merchandise, reflecting potential income development and robust public well being collaboration.
Anondita Medicare Ltd, with a market capitalization of Rs. 660.16 crore, opened at Rs. 365, hitting a excessive of Rs. 383.40 towards a earlier shut of Rs. 351.20, marking an intraday improve of 9.16 %.
What’s the Information?
Anondita Medicare Ltd was awarded the contract because the Lowest Bidder (L1) for numerous household planning merchandise, together with condoms, oral contraceptive capsules, emergency contraceptive capsules, being pregnant check kits, injectable contraceptives, and intrauterine contraceptive units (IUCDs).
The overall amount to be equipped underneath the two-packet bid quantities to 257 million items, with the first concentrate on free-supply condoms for the household planning program. Detailed allocations embrace 198 million condoms, 30.5 million oral contraceptive capsules, 4.6 million emergency contraceptive capsules, 15 million being pregnant check kits, 4 million injectable contraceptives, and 952.2 thousand tubal rings. The overall worth of the contract is Rs. 36.37 crore.
Monetary Snapshot
As of March 31, 2025, Anondita Medicare Ltd reported gross sales of Rs. 77 crore and bills of Rs. 51 crore, leading to an working revenue of Rs. 26 crore. Revenue earlier than tax stood at Rs. 22 crore, whereas internet revenue was Rs. 16 crore.
The steadiness sheet reveals reserves of Rs. 25 crore and borrowings of Rs. 27 crore, with different liabilities amounting to Rs. 13 crore. Mounted property are valued at Rs. 14 crore, different property at Rs. 55 crore, and investments at Rs. 3 crore. The inventory trades at a PE of 41.7 in contrast with the business PE of 53.6.
Additionally learn: Bulk Deal: 3 Shares through which FIIs and DIIs change fingers price as much as ₹50 Cr
In regards to the Firm
Based in March 2024, Anondita Medicare Restricted is a producer of flavored male condoms, with its flagship product branded as “COBRA.” The corporate produces 562 million condoms yearly and operates a producing facility in Noida, Uttar Pradesh.
Anondita Medicare exports to Southeast Asia, Africa, and the Center East and works intently with world well being organizations, NGOs, and governments to assist household planning and public well being initiatives. Its distribution community ensures well timed supply by means of wholesalers, retailers, e-commerce platforms, and authorities well being packages.
Written by – Manan Gangwar
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