Global Healthcare Analyst

Tina Banerjee

Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/indegene-limited" target="_blank" data-smartkarma-citation="entities:36629:1" rel="noopener">Indegene Limited (1864095D IN)</a> has set IPO price band at INR430–452 per share. The IPO consists of fresh issue as well as OFS by existing shareholders.</li>
<li>Considering FY24 annualized post-IPO EPS of INR13.48, Indegene seeks a P/E valuation of 31.9–33.5x.</li>
<li>Considering niche business focus, proven execution capability, marquee clientele, long-standing client relationship, life science focus, and comprehensive offering, Indegene’s valuation seems quite attractive.</li>
</ul>



Indegene Limited (1864095D IN) has set IPO price band at INR430–452 per share. The IPO consists of fresh issue as well as OFS by existing shareholders.
Considering FY24 annualized post-IPO EPS of INR13.48, Indegene seeks a P/E valuation of 31.9–33.5x.
Considering niche business focus, proven execution capability, marquee clientele, long-standing client relationship, life science focus, and comprehensive offering, Indegene’s valuation seems quite attractive.


Indegene Limited Pre-IPO: Subscribe on Profitable Niche Business Model and Attractive Valuation

Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

Veeva Systems Inc Class A / Equity Bottom-Up

<ul><li>Veeva Systems posted robust results for its Q4 and Fiscal 2024 year during its earnings call.</li><li>Revenues for the quarter totalled $631 million and for the year they were $2.4 billion, both exceeding guidance.</li><li>Non GAAP operating income surpassed expectations too, with $239 million for Q4 and $843 million for the full year.</li></ul>

Veeva Systems posted robust results for its Q4 and Fiscal 2024 year during its earnings call.Revenues for the quarter totalled $631 million and for the year they were $2.4 billion, both exceeding guidance.Non GAAP operating income surpassed expectations too, with $239 million for Q4 and $843 million for the full year.

Veeva Systems Inc.: Expansion of the Data Cloud & 5 Other Factors Driving Growth! - Financial Forecasts

<ul><li>Veeva Systems Inc. exceeded Wall Street's revenue and earnings expectations.</li><li>Notably, total revenue reached an impressive $617 million, accompanied by a non-GAAP operating income of $235 million.</li><li>This expansion positions Veeva to contribute to the increased efficiency and effectiveness of the life sciences industry across a broader spectrum.</li></ul>

Veeva Systems Inc. exceeded Wall Street's revenue and earnings expectations.Notably, total revenue reached an impressive $617 million, accompanied by a non-GAAP operating income of $235 million.This expansion positions Veeva to contribute to the increased efficiency and effectiveness of the life sciences industry across a broader spectrum.

Veeva Systems Inc.: Surpassing Wall Street - A New Era in Life Sciences Cloud? - Major Drivers

<ul><li>Veeva Systems managed to exceed the revenue expectations as well as the earnings expectations of Wall Street, with a total revenue of $590 million and a non-GAAP operating income of $212 million.</li><li>The Veeva team has made some truly impressive accomplishments as they develop the next generation of CRM.</li><li>Nearly 25% of their revenue comes from Veeva CRM and their add-ons.</li></ul>

Veeva Systems managed to exceed the revenue expectations as well as the earnings expectations of Wall Street, with a total revenue of $590 million and a non-GAAP operating income of $212 million.The Veeva team has made some truly impressive accomplishments as they develop the next generation of CRM.Nearly 25% of their revenue comes from Veeva CRM and their add-ons.

Veeva Systems Inc.: An Insider Peek Into Their Financial Operations! - Major Drivers

<ul><li>Veeva Systems managed to exceed analyst expectations in terms of revenue as well as earnings.</li><li>In Commercials, the development of Vault CRM progressed and an impressive demo was showcased at the Commercial Summit, generating significant excitement.</li><li>We give Veeva Systems Inc. a 'Hold' rating with a revised target price.</li></ul>

Veeva Systems managed to exceed analyst expectations in terms of revenue as well as earnings.In Commercials, the development of Vault CRM progressed and an impressive demo was showcased at the Commercial Summit, generating significant excitement.We give Veeva Systems Inc. a 'Hold' rating with a revised target price.

Veeva Systems Inc.: Can The Vault CRM Launch Be A Game Changer? Drivers

United States

Veeva Systems Inc. provides cloud-based business services. The Company offers enterprise applications, multichannel platform, customer relationship, and content management solutions. Veeva Systems serves customers in the United States.

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Veeva Systems Inc Class A (VEEV US)

Veeva Systems Inc.: Expansion of the Data Cloud & 5 Other Factors Driving Growth! - Financial Forecasts

Veeva Systems posted robust results for its Q4 and Fiscal 2024 year during its earnings call. Revenues for the quarter totalled $631 million and...

Baptista Research

Veeva Systems Inc.: Surpassing Wall Street - A New Era in Life Sciences Cloud? - Major Drivers

Veeva Systems Inc. exceeded Wall Street's revenue and earnings expectations. Notably, total revenue reached an impressive $617 million,...

Baptista Research

Veeva Systems Inc.: An Insider Peek Into Their Financial Operations! - Major Drivers

Veeva Systems managed to exceed the revenue expectations as well as the earnings expectations of Wall Street, with a total revenue of $590 million...

Baptista Research

Veeva Systems Inc.: Can The Vault CRM Launch Be A Game Changer? Drivers

Veeva Systems managed to exceed analyst expectations in terms of revenue as well as earnings. In Commercials, the development of Vault CRM...

Baptista Research

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52-week Range

Market Cap (USDm)

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Indegene Limited Pre-IPO: Subscribe on Profitable Niche Business Model and Attractive Valuation

Indegene is raising INR18B via Indian IPO. The IPO consists of fresh issuance of equity shares worth INR7.6B and an OFS of 23.9M equity shares by...

Tina Banerjee

Veeva Systems Inc.: Expansion of the Data Cloud & 5 Other Factors Driving Growth! - Financial Forecasts

Veeva Systems posted robust results for its Q4 and Fiscal 2024 year during its earnings call. Revenues for the quarter totalled $631 million and...

Baptista Research

Veeva Systems Inc.: Surpassing Wall Street - A New Era in Life Sciences Cloud? - Major Drivers

Veeva Systems Inc. exceeded Wall Street's revenue and earnings expectations. Notably, total revenue reached an impressive $617 million,...

Baptista Research

Veeva Systems Inc.: An Insider Peek Into Their Financial Operations! - Major Drivers

Veeva Systems managed to exceed the revenue expectations as well as the earnings expectations of Wall Street, with a total revenue of $590 million...

Baptista Research

Veeva Systems Inc.: Can The Vault CRM Launch Be A Game Changer? Drivers

Veeva Systems managed to exceed analyst expectations in terms of revenue as well as earnings. In Commercials, the development of Vault CRM...

Baptista Research