Morepen Laboratories Limited CC-Sep23.pdf · 2023-11-03
Sir, we have some questions. First of all, I was looking at your balance sheet, sir. Constantly, your OPMs are increasing, but they are increasing at a very slow pace. And against that, your products are such that you are saying that your sales are growing very fast, but the revenue generated, or the final net profit conversion is not visible. Can you tell us about that, sir?
I am able to understand in your presentation, it is the same. It was just that where your growth is increasing, if you count in these dollar terms, then there is no appreciation in this quarter, it has been a week in rupee dollar terms, so according to your opening, it seems a little less, so I am making this specific second time point out. Your OPM is less in this quarter. That is why in December 2020 to September 2021, your OPM is above 10. After that, it drastically OPMs came down. That is why there is difference in EPS. Specifically, that is why I asked. Second one is, employee cost is increasing. Can you tell me about it? You have already said, employee cost is nearly INR74 crores on quarter. If you have 3,000 employees, it is INR2,40,000 expenses for three months. On those expenses, the returns we see are not up to that level. I asked you, where the problem is. We have heard the previous forecast from Sushil sir…