6 Reasons Why AGP Could Rise to PKR 265 Soon

3: Product Mix Is Tilted Toward Higher Margin Non Essential Drugs

Non Essential Exposure Is Among the Highest in the Sector

AGP has a significant exposure to non essential drugs which allow better margin control.

• Consolidated non essential mix stands at 66 percent
  
• Standalone non essential mix is 93 percent
  

This mix reduces regulatory pricing pressure and supports profitability.

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Pricing Pressure Has Largely Passed

Most price adjustments were already taken in CY25. Going forward, growth is expected to come increasingly from volumes rather than price hikes.

⚠️ This post reflects the author’s personal opinion and is for informational purposes only. It does not constitute financial advice. Investing involves risk and should be done independently. Read full disclaimer →