In today’s briefing:
- Marksans Pharma- Forensic Analysis
Marksans Pharma- Forensic Analysis
- Marksans Pharma (MRKS IN) has done well in recent years, growing at 15.2% on a 5Y CAGR.
- The company has a good balance sheet, strong cash generation and also witnessed a recent uptick on the margins side. UK business especially has been the cash cow.
- However, there are few impairment indicators; few subsidiaries are not audited while bad debts have appeared in the books lately. Company also has few disclosure issues.