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.

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 →