Tag: Business

• The platform aims to achieve a 3.5x growth year-on-year at a CAGR of 120%
• The hiring will spread across the verticals of expansion support, post-admission services, tech, product, sales, and business development

New Delhi (India), November 11:  University Living, a leading global student housing platform, has announced its global expansion to achieve accelerated growth at a CAGR of 120%. The new offerings by the brand would include helping students open student bank accounts, secure internships, and have access to Indian Food Services.

The services come in addition to University Living’s existing one of facilitating accommodation, guarantor services, Forex, helping with room essentials, providing health & travel insurance, international money transfers, airport pickup, international SIMs, luggage storage, and education loans, along with smoothening the process of job search, and food order.

To support its goals, the company has also revealed its plan to expand its team size by adding 400+ new members. With its latest plans for expansion, the company’s hiring rate has increased by 80% compared to last year. The hiring will focus on securing candidates for post-admission support and business development. The company is also on the lookout for persons trained in applying tech tools to regulate everyday business to facilitate its expansion.

The platform, launched with the vision of standardising student accommodation, prop-tech, and travel-tech sectors through a SaaS-based inventory management system, has made this announcement to accomplish its aim of helping students across the globe access better facilities.

University Living has marked its presence in places like the UK, Ireland, Australia, Canada, and Europe and has hired multiple young professionals with a zeal for technology and innovation. The platform plans to expand and start operations in the USA, France, Spain, Portugal, Italy, and Germany.

Mr Saurabh Arora, Founder & CEO of University Living, said,” At University Living, our focus is on helping students find their perfect living space. We believe that the integration of technology into the unregulated system of finding accommodation will give the sector the stability and directive that it deserves. Simultaneously, we emphasise job creation and reducing the rates of attrition by keeping employees happy and engaged. Our plans for expansion and hiring consider both these factors. We look forward to enhancing our value proposition, including services and support segments for students across the globe based on our current expansion drive.”

Incepted in 2015, University Living is an intelligent retrieval platform that offers a global student housing managed marketplace. It helps students across the globe find suitable and secure accommodation near their university campuses.

While student accommodation is at its core, it also focuses on easing the entire student journey and making it a seamless experience. Headquartered in Delhi, they have a 150-member strong team working to reinvent their services to better the user experience and digitally transform the overseas education journey.

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The free spirit Surya Kumar Yadav accomplishes greater heights with 14.8 Crore digital brand value; Assessed by none other than CheckBrand, a Sentiment Analysis & Digital Ranking Firm.

New Delhi (India), November 11– CheckBrand worked upon gauging the digital impressions for the “Men In Blue”, looked at more than 50 million internet impressions for the analysis. On a number of online sites, including Twitter, Facebook, Google search, Wikipedia, YouTube, Instagram, and Google Trends, among others, the well-known cricketer “Virat Kohli” is one of the most influential and renowned personality. The cricketer has received more than 6.7Million engagement across the web.

For the year 2022, CheckBrand worked deep down into the data on all cricketers that have been taken from across the web. According to CheckBrand, “Virat Kohli” came in first place, earning the first digital ranking and a brand value of 525 crores. He has made a significant impact on social media, garnering more than 50 million Facebook fans, 222 million Instagram followers, and 51.6 million Twitter followers. The audience’s favourable opinion for Virat Kohli increased to 40.3% and decreased to 2.1%. CheckBrand found that his Instagram handle is constantly engaged and active.

Whether it’s smashing new records or achieving a truckload of runs at T20 World Cup, ‘King Virat Kohli’ is bringing  smile on everyone’s faces all across the country! His astonishing performance in T20 World Cup 2022 has added more wings to his already immense popularity.

The craze for the heart-throb cricketer can be determined by his massive Instagram following and being the cricketer with highest number of followers ultimately giving him the huge boost in his online image.
Analysing the in-depth data present on social media, CheckBrand concluded that the tweets where he has mentioned about Indian cricket team has gained more engagement.

Citing an example, one of his videos from gym has received 1 Million views with 111.5 K likes on Twitter.

Studying further, CheckBrand depicts that Virat Kohli has been trending on Twitter & Instagram in this season of T20 World Cup. Millions of people have become admirers of his batting in 12 years of his career which has always made remain in the spotlight. His dire desire to win every match, as well as his positive aggressive attitude, that reflects in his personality has led him to become one of the most prominent players.Truly said, “There are good batsmen, there are great batsmen; and then there’s Virat Kohli”!

The rising stars Surya Kumar Yadav & Arshdeep Singh are swaying the hearts of Indians with their spectacular performances. With digital brand value worth 31 Lacs, Arshdeep is engraving his digital image. For Surya Kumar Yadav, sky is the limit! He is trending across the web with 320.4K gaining 14.8 Crores digital brand value as per CheckBrand analysis.

The ‘God of Cricket’ rules the heart of people gaining second position at CheckBrand’s cricketer catalogue with digital brand value worth 221 Cr. His popularity can be measured by the fact that he is featured across the print media & digital media and even a film was dedicated to him.

Popularly known as ‘Captain Cool’, Ms Dhoni attains a digital brand value worth Rs. 150 Crores and secures third position in cricketers CheckBrand catalogue. Even after retiring from all formats of international cricket, his impact on digital space has not faded away. He has featured in several advertisements ultimately enhancing his online impression.

The ‘Hitman’ of the cricket world – Rohit Sharma receives fourth position along with digital brand value worth 131 Crores.  His explosive batting and ability to hit sixes has gained him a lot of fans across the social media with 433.8K digital engagement & 25.9% positive audience engagement, as per CheckBrand.

Suresh Raina, an Indian former international cricketer has secured Fifth position with a brand value worth 93.38 Crores. Known as ‘Mr. IPL’ he has made his own remark across the Nation.

CheckBrand further classifies the list, which includes actors, politicians, brands, CEOs, influencers and cricketers, in addition to the actor category. Giving tough competitions to all are Nike (brand), Samsung (brand), ViratKohli (cricketer) and PM Modi (politicians).

Anuj Sayal, MD, ADG Online and Checkbrand.online, said, “We have created a platform which can help brands understand their real value in terms of presence on digital media on a real-time basis. We are eager to work and help them improve their overall digital presence.”

CheckBrand, as an AI tool, provides all the inputs required to increase prominent figures’ and ministries’ online engagement, visibility, and reach to the public. With the assistance of CheckBrand, the Ministry can completely know how to improve its digital ranking and reach the top. CheckBrand examines and gives their ‘Digital Ranking’, ‘Brand Value’, ‘Brand Score’, ‘Sentiment Analysis’, and ‘Audience Engagements’, and eventually ensures their absolute ‘Digital Presence’ based on the data.

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Mr. Narayan Saboo, Chairman & Managing Director, Bigbloc Construction Ltd

Commercial operations of Wada facility at Palghar (Maharashtra) with 5 lakh cubic meter per annum to commence in the current financial year of FY23

Consolidated Financial Highlights:                                                            (Rs. in cr)

Particulars	Q2 FY23	Q2 FY22	% Change	H1 FY23	H1 FY22	% Change
Total Income	48.55	41.23	17.7%	104.15	69.80	49.2%
EBITDA	13.96	6.08	129.7%	26.23	9.41	178.8%
EBITDA Margin (%)	28.75	14.74	1401 bps	25.19	13.48	1171 bps
PAT	8.61	3.14	174.2%	16.97	4.36	288.8%
PAT Margin (%)	17.74	7.62	1012 bps	16.29	6.25	1004 bps
EPS (in Rs.)	1.20	0.44	169.7%	2.39	0.62	287.2%

 Surat, November 2022: BigBloc Construction Limited, one of the leading player in the manufacturing of Aerated Autoclaved Concrete (AAC) Blocks, Bricks and Panels has reported consolidated net profit of Rs. 8.61 crore (PAT margin 17.7%) for Q2FY23, growth of 174% Y-o-Y as compared to the net profit of Rs. 3.14 crore (PAT margin 7.6%) in Q2FY22. Total income during Q2FY23 ended September 2022 was reported at Rs. 48.55 crore, rise of 17.7% Y-o-Y as compared to total income of Rs. 41.23 crore in Q2FY22. EBITDA for Q2FY23 stood at Rs. 13.96 crore (EBITDA Margin 28.8%), rise of 129.7% as against EBITDA of Rs. 6.08 crore (EBITDA Margin 14.7%) in Q2FY22.  EPS for Q2FY23 stood at Rs. 1.20 per share, rise 170% Y-o-Y.

Incorporated in 2015, BigBloc Construction Ltd is one of the largest and only listed company in the AAC Block Space with a capacity of 5.75 lakh cubic meter per annum. Green and non-toxic building construction material, AAC blocks are economical, light weight, thermal insulation, sound proof, fire resistance with superior build quality and saves energy, eco-friendly and economical too compared to the traditional bricks. It is the only company in this segment which generates carbon credits.

Commenting on the Performance, Mr. Narayan Saboo, Chairman & Managing Director, Bigbloc Construction Ltd said, “Company has delivered a robust operational and financial performance for the September quarter maintaining healthy growth in revenue, profitability and expects to continue the growth momentum in the coming years. During the year, company laid down plans for installation of Greenfield projects at Wada (Maharashtra) and Ahmedabad (Gujarat). The facilities will have a combined capacity of 8 lakh cubic meter per annum Expansion at Wada, Maharashtra with 5 lakh cubic meter per annum is going as scheduled and we expect to commercial production in the current financial year of FY23.”

Total capex for the project at Wada is estimated to be around Rs. 65 crore and company is eligible for 60% subsidy for the project. Company had achieved financial closure for the expansion in the month of July 2022. Post completion of both expansion, company’s total capacities will increase to 13.75 lakh cbm per annum making the company one of the largest players in the country. Company expects to generate around 2.5 lakh tons of carbon credit every year post the expansion.

Highlights: – H1FY23 Results 

For the six months ended September 2022, company reported consolidated net profit of Rs. 16.97 crore (PAT margin 16.3%) in H1FY23, growth of 289% Y-o-Y as compared to the net profit of Rs. 4.36 crore (PAT margin 6.3%) in H1FY22. Total income during H1FY23 2022 was reported at Rs. 104.15 crore, rise of 49.2% Y-o-Y as compared to total income of Rs. 69.8 crore in H1FY22. EBITDA for H1FY23 stood at Rs. 26.23 crore (EBITDA Margin 25.2%), rise of 179% as against EBITDA of Rs. 9.41 crore (EBITDA Margin 13.5%) in H1FY22.

India is the second largest block manufacturer in the World after China. Indian AAC block Industry is almost entirely unorganised and has around 150-180 plant with large number of plants especially in Western India. Indian AAC blocks market is expected to grow to Rs.11,000 crore by 2027 registering a CAGR of 14.3% during 2020-27.

Company has also entered in to a joint venture with SCG International Corporation Co. Ltd (SIAM Group) to setup 3 lakh cubic meter per annum facility near Ahmedabad to manufacture AAC blocks and panels with an investment of around Rs. 60 crore. The project is expected to commence from Q1FY24. SCG is one of the largest cement and building material company in South East Asia and will hold 48% in the joint venture with 52% being held by Bigbloc Construction Limited.

“Post completion of all expansion, company’s total capacity will increase to 13.75 lakh cubic meter in next few year. This will help company to further penetrate its presence into untapped markets across the western regions and also make it the largest player in India. Use of AAC blocks are expected to grow stupendously in the coming years owing to increased awareness, growth in the infrastructure sector and preferences for low-cost houses amongst the builders and architects and several beneficial attributes of AAC blocks over red clay and fly ash bricks. Government’s impetus through numerous infrastructure & housing projects and regulations to use eco-friendly construction material under its net-zero carbon emission mission, are the primary factors for the growth of AAC,” said Mr. Mohit Saboo, Director & CFO, BigBloc Construction Ltd.

Bigbloc Construction Ltd manufactures AAC blocks, a high-quality building material with a unique combination of strength, low weight, thermal insulation, sound absorption, unrivalled fire resistance, and unmatched build ability. Company markets its products under Brand name ‘NXTBLOC‘. Company’s manufacturing plants are located in Umargaon and Kapadvanj to cater to Maharashtra, Gujarat, Madhya Pradesh and Rajasthan. Company client includes Lodha, Adani Realty, India Bulls Real Estate, Raheja, PSP Projects, Larsen & Toubro, Mahindra Lifespaces, Kanakia Group, Sunteck among others.

Key Developments During the Quarter :-

• Monsoon and torrential rains impacted demand during the quarter resulting in opportunity loss of 8-10% in revenues.
• Margins and profitability got a boost from recent correction in majority raw materials prices due to current global slowdown.
• During the quarter under review, the company sold approx. 43,000 carbon credits.
• Work at Wada unit in Maharashtra is running at full swing. Majority of machines are already dispatched. Company intends to start commercial productions very soon.
• Land acquisition for the joint venture plant at Ahmedabad with SIAM Group is in final stages
• Company has further strengthened its debt equity ratio to 0.74 as on 30 Sep 22 from 0.91 as on 31 March 2022

Incorporate in 2015, BigBloc Construction Limited is engaged in the business of manufacturing of building Aerated Autoclave Concrete (AAC) blocks, Bricks and Panels. AAC is a green and non-toxic construction material, saves energy, and is friendly to your environment. Company markets its products under Brand name ‘NXTBLOC’.

BigBloc is the second largest manufacturer of AAC Blocks in India and largest in Western India. It is the only company in this segment which generates carbon credit. AAC blocks are a high quality building material that offers a unique combination of strength, low weight, thermal insulation, sound absorption, unsurpassed fire resistance and unprecedented build ability.

Company’s manufacturing plants are located in Umargaon and Kapadvanj in Gujarat and  cater to Maharashtra, Gujarat, Madhya Pradesh and Rajasthan with combined capacity of 5.75 lakh cubic meter per annum. Company client includes Lodha, Adani Realty, India Bulls Real Estate, Raheja, PSP Projects, Larsen & Toubro, Mahindra Lifespaces, Kanakia Group, Sunteck among others.

Company is setting up two Greenfield projects at Ahmedabad (Gujarat) and Wada, Palghar (Maharasthra) with a combined capacity of 8 lakh cbm per annum. The project will quality for 60% subsidy from the state government. Post completion of the expansion, company’s total capacity will increase to 13.75 lakh cubic meter which will make it the largest player in India. Company expects to generate around 2.5 lakh tons of carbon credit every year post the expansion.

Company has entered in to a joint venture with SCG International Corporation Co. Ltd (SIAM Group) to setup 3 lakh cubic meter per annum facility near Ahmedabad to manufacture AAC blocks and panels with an investment of around Rs. 60 crore. The project is expected to commence from Q1FY24. SCG is one of the largest cement and building material company in South East Asia and will hold 48% in the joint venture with 52% being held by Bigbloc Construction Limited.

For FY22, Company reported Net Profit of Rs. 16 crore with EBITDA of Rs. 27.7 crore, Total Income of Rs. 175.8 crore. Last 3 year Net Profit CAGR at 138% and Sales CAGR at 21%. Promoter Group holding in the company as on March 22 stands at 72%. Listed on BSE and NSE, company’s market capitalisation stands at over Rs. 950 crore.

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Mohamed Aslam, CEO, Archon Solution

India, November 11: Archon Solutions, a leading Cochin-based IT finishing school that provides training services in software designing, programming and implementation, has announced the opening of its new branch in the UK. Team at Archon is working tirelessly towards it and expecting the inauguration of the new office by early 2023.

The company offers a comprehensive suite of courses in SAP, ServiceNow, DevOps, Java and Robotics. With over 15 years of experience working in the IT sector and almost a decade in the business, the Director’s vision is to be beyond just another educational institution in the market that goes by the syllabus, finishes chapters and hands-out certifications to churn out many more professionals clueless about the real work environment awaiting them in IT organizations.

Archon started off as an SAP training institute but Mohamed Aslam, the CEO of Archon Solution envisioned Archon as an IT finishing school. Over the years, team at Archon did a study on the reason for unemployment of well qualified youth in the market. The findings of this study was used to design the solution that emphasized on having a goal, learning with a purpose and getting exposure to real-time working environment, projects and industry standard practices. In addition, the personality development team at Archon ensures by end of the course the students are not just equipped technically, but also fluent in English, have an impeccable personality and unbeatable confidence.

Archon Solutions aims to help students blend their theoretical knowledge into the practice space with flexible program options and great instructors. Students get globally certified to become competent to work for leading organizations in India and abroad. The process has been accelerated ever since they affiliated with JAINx University, which means more prospects and more widely accepted certifications and diplomas for the students. The opening of the UK office is a testament to the acceptability and demand for top quality training and implementation services, said the CEO, Mohamed Aslam, in a news release.

Archon’s fresh ideas and quality of service gave an exponential growth to the company over the years and today they celebrate their glory with their offices in Kerala, Sydney and Brussels. On the occasion of completing a decade in the IT training and services, Archon is now all set to venture into the UK. Early 2023 Archon will inaugurate its fourth office in London. The UK division of Archon Solutions will offer IT solutions and services to the financial, banking, telecom, automobile and transportation industries.

To read more, please visit –

https://www.archonsolution.in/post/archon-ventures-into-the-uk-in-2022

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November 11: Goel Ganga Group, a leading real estate firm in India emerged as the winner of Lifetime Achievement Award at Construction Times’ 6th BAM Awards. The award was presented to and was proudly received by Mr. Jaiprakash Goel, Founder and Chairman, Goel Ganga Group. The event took place at Hotel Four Seasons, Worli, Mumbai on October 15th, 2022. BAM Awards honor the outstanding personalities, projects, and innovative building materials that reshape the Real Estate, Architecture, and Project Management practices in India.

The award was hosted by Construction Times. The company was recognised for its outstanding performance in the real estate industry of the country. Goel Ganga Group is considered as one of the pioneers in the real estate industry in India and enjoys a vivid legacy of over 40 years. The company has successfully completed over 100+ projects in Pune, Mumbai, Nagpur and Bengaluru. Some of their important projects include Glocal Square, a retail shopping space spread across a million sq. feet in Sitabuldi, Nagpur.

The company additionally received the WTC status for their Glocal Square, Nagpur Project. The Glocal Square is the 1st metro connected retail mall of central India. The company proudly boasts of serving more than 35,000 happy families.

Speaking about the event Mr. Atul Goel, Managing Director as well as author of Real Rich: Getting Real About Real Estate, Goel Ganga Group said, “We are absolutely delighted to receive the award. Such recognitions make us believe that we are on the right path, doing the right thing. It is an honourable and memorable moment for us and the team. With continuous support and trust we will strive to do the best in the field. We are happy to be greeted with such warmth and respect.”

With a keenly developed eye for detail, excellent product development, a focus on community building, and a commitment to nation-building, the Group’s journey traverses the diverse fields of real estate, hospitality, and education.

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Dubai, November 11: His Highness, Sheikh Hamdan bin Ahmad al Maktoum of Dubai’s private office, has partnered with Crypto Tex (CTEX) token to promote blockchain technology and launch the world’s first blockchain-based decentralised data management platform.

CTEX has received investment commitments from the Private Office established by His Highness Sheikh Hamdan Bin Ahmad Al Maktoum to take advantage of emerging markets and other worldwide opportunities.

Using cutting-edge cryptographic technology, CRYPTO TEX has created a trading platform where buyers and sellers may transact with complete peace of mind. In addition to the possibilities of a digital arbitrage system, this asset platform is one of the fastest and most adaptable out there.

The ultimate goal is to integrate all company employees’ personal and business assets into a single blockchain ecosystem. It makes the company more transparent, efficient, and trustworthy. CRYPTO TEX offers user-friendly, secure, and efficient blockchain-based crypto solutions.

“Crypto Tex has launched Blockchain Ctex Scan, which solves both economic and technological concerns by implementing an interconnection between decentralised and centralised solutions gradually,” said a CTEX spokesperson. “The Ctex Scan solution is cost-effective and simple to understand, and it is capable of meeting the targeted passive gains generation of a large and expanding pool of digital asset owners while avoiding risks.” Everyone, regardless of economic or technological background, can participate in the future generation of digital asset markets.”

Ctex Scan innovation derives from the creation of a unique Ecosystem using the most secure, scalable, and cost-effective blockchains and crypto projects. Ctex Scan is a blockchain that can solve the blockchain Conundrum by delivering both transaction speed and security, as well as significant scalability.

For Further Details:

You Can Visit Us at www.ctextoken.io or email us at info@ctextoken.io

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November 10: Pioneer-Indian SOC analyst training company, SOC Experts is on a mission to empower unemployed and employed graduates across the country with job-oriented cyber security training. Witnessing the shortage of skilled security analysts in India and globally, the market-leading company plans to develop world-class cybersecurity professionals through its community-oriented learning approach.

Aspiring Minds’ Annual Employability Survey 2019 reports that 80% of Indian engineers are unsuitable for jobs in the knowledge economy. Many students (especially from Tier 2 and Tier 3 cities) remain unemployed today because they don’t possess the skills necessary to be immediately absorbed by the industry.

“With a primary focus on job-oriented cyber security training, we aim to increase employability factors by getting both experienced and inexperienced workers job opportunities. Our vision is to bridge the prevalent skill gap in India’s cyber security domain,” claimed Anand Guru the Founder of SOC Experts in an interview.

SOC Experts is an acclaimed Indian edtech company laser-focused on cybersecurity providing end-to-end training to aspiring cybersecurity professionals. Backed with custom-built infrastructure, certified training professionals, and hands-on experience in cyber security’s latest and greatest technologies, the company has made its mark in the industry since its inception in April 2016.

SOC Experts is a trusted choice of thousands of security analysts in India. The institution provides world-class faculty, live classes, hands-on labs, an industry-relevant curriculum, video lectures, mock interviews, quizzes, assignments, CV preparation assistance, and trusted content for an affordable fee.

The main objective of the community-oriented SOC analyst training company is to impart cyber security skills and cyber security knowledge to millions of job aspirants. They have been fulfilling this role with immense dedication by acting as a prominent finishing school for the development of essential technical skills in the field of cyber security. What makes them stand out from other SOC analyst training companies is their unique industry-relevant training approach which enables students to kickstart their cyber security career in a short period.

“We understand the role of industry expert training and technical aspects in tapping the true potential of the community. Through our platform, MAGIC which stands for Mastery And Growth In Cybersecurity, we plan to hire thousands of industry experts to help millions of job aspirants in the field of cybersecurity,” the Founder added.

An increase in cyber security hiring and retention challenges has been revealed by the eighth annual cyber security survey from the global IT association ISACA. In 42% of organizations, cyber security teams are understaffed. There is a shortage of cyber security workers in 60% of Indian organizations, according to a report.

Bridging the gap between skilled cyber security professionals in the country cannot be achieved with a handful of trainers and a few classes. It will take thousands of cyber security field experts to bring a new wave of world-class cyber security professionals to India. Rising automated platforms like SOC Experts are certainly fuelling the fire through their automated platform practices for developing the employability factors of its students.

“The logistics of scheduling and dispersing payments to all the cyber security training professionals is also automated. Our training experts whom we refer to as Cyber Genies are our biggest strength at the moment. They are the key people behind the inevitable success of our students in the cyber security domain,” he finished.

To open a gateway to cyber security careers or to learn more, register for your free demo here.

To know more about SOC Experts – https://www.socexperts.com/

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Mr . Mahendra Patel, Managing Director, Lincoln Pharmaceuticals Ltd

Highlights:- ·         Total Income from operation in Q2 FY23 at ₹ 146.30 crore, up 12.5% from ₹ 130.00 crore in Q1 FY23; ·         During the year, company got an approval from WHO-GMP for Tablet Capsule, dry-powder Suspension products at Cephalosporin plant. ·         Approved dividend of ₹ 1.50/- per share for the FY21-22 at the 28th AGM held on 30th Sep, 2022.

Financial Highlights (Standalone)

(Amount in Cr except EPS)

Particulars	Q2 FY23	Q1 FY23	Y-O-Y
Total Income from Operation	146.30	130.00	12.54%
EBITDA	34.59	23.41	47.76%
Profit before Tax	32.03	20.93	53.03%
Net Profit	23.74	15.04	57.85%
E.P.S (₹)	11.84	7.49	58.08%

November 10, 2022: Lincoln Pharmaceuticals Limited, one of India’s leading healthcare companies has reported net profit for the quarter ended 30^th September 2022 reported at ₹ 23.74 crore as against net profit of ₹ 15.04 crore in Q1 FY23, growth of 57.85%. Total Income from operation for the quarter ended September 2022 reported at ₹ 146.30 crore, higher by 12.54% over Q1 FY23 total income from operation of ₹ 130.00 crore. EBITDA for the quarter ended September 2022 was reported at ₹ 34.59 crore as compared to ₹ 23.41 crore in Q1 FY23 showing growth of 47.76%. EPS was reported at ₹ 11.84 per share for Q2FY23 as compared to ₹ 7.49 in the Q1 FY23 showing growth of 58.08%. Shareholders approved a dividend of ₹ 1.50/- per share for the FY 21-22 at the 28^th AGM held on 30^th September, 2022.

During the year, company got an approval from WHO-GMP for Tablet Capsule, dry-powder Suspension products at Cephalosporin plant. The production from this plant will be expected to generate from this year last quarter.

Commenting on the results and performance, Mr. Mahendra Patel, Managing Director, Lincoln Pharmaceuticals Limited, said, “Company has delivered a robust operational and financial performance during the quarter and confident to improve our growth numbers going forward. Recently company has also received an approval from Australia’s medicines and medical devices regulator – Therapeutic Goods Administration (TGA) for its Khatraj facility. TGA and EU GMP approvals will further strengthen company’s presence in the export market. Strategic growth initiatives, product and geographical expansion, operational efficiency are likely to maximize value for all stakeholders in the near to medium term.”

Highlights: – H1FY23 Results

Company reported net profit of ₹ 38.72 crore for the H1FY23 ended September 2022, Total Income from operation for the half year ended September 2022 reported at ₹ 276.26 crore, EBITDA for the half year ended September 2022 was reported at ₹ 58.00 and EPS was at ₹ 19.33 per share.

Exports for Q2 FY23 was reported at ₹ 73.58 crore. Export business of the company has shown remarkable growth in the last few years and had increased to 65% of total sales in FY21 from 11% of total sales in FY13. Company currently exports to 60 plus countries including East & West Africa, Central & Latin America and Southeast Asia. Company looks to enter the EU markets during the current financial year.

Over the last 5 years, Lincoln Pharmaceuticals Ltd has delivered a robust 30% CAGR in profits and higher single digit growth in sales. The liquidity position of the company is on a strong foundation, supported by healthy cash accruals, no term debt and healthy return ratios. Backed by improvement in the company’s financial risk profile, steady growth in scale & margins, healthy profitability, rating agency ICRA has upgraded the company’s long-term and short-term bank facilities to A and A1 respectively.

Lincoln Pharma has a state-of-the-art manufacturing facility unit at Khatraj in Ahmedabad, Gujarat, complying with stringent international quality and compliance norms and certified by EUGMP, WHO-GMP and ISO-9001: 2015. Company has developed 600 plus formulations in 15 therapeutic areas and has a strong product/brand portfolio in anti-infective, respiratory system, gynaecology, cardio & CNS, anti-bacterial, ant-diabetic, anti-malaria among others. Company has filed 25 plus patent applications and is awarded with seven patents. Company has a strong presence in the domestic market nationally with a dedicated field force of over 600 personnel who cater to more than 30,000 doctors, chemists across the country. 

About Lincoln Pharmaceuticals Limited: https://www.lincolnpharma.com/

 Providing Affordable and Innovative medicines for healthier lives.

Lincoln Pharmaceuticals Limited is one of the leading healthcare companies in Gujarat, India. Established in the year 1979, the company develops and manufactures affordable and innovative medicines for healthier lives. The company has developed 600 plus formulations in 15 therapeutic areas and has a strong product/brand portfolio in anti-infective, respiratory system, gynaecology, cardio & CNS, anti-bacterial, anti-diabetic, anti-malaria among others. The company has its strong presence in Domestic market with good strength of own field force and also exports to more than 60 Countries.

Company has developed many new drug delivery dosage forms over years and has a track record of launching many first-of-its-kind innovative products. Company works with a vision for nurturing innovations and bringing them to Indian patients at an affordable cost to create “Healthcare for All”.

Lincoln Pharma has a state-of-the-art manufacturing facility unit at Khatraj in Ahmedabad, Gujarat, complying with stringent international quality and compliance norms and certified by WHO-GMP and ISO-9001: 2015. Recently company has also received European Union (EU) GMP certification for its manufacturing facility which will allow it to market its products in all the 27 member countries of EU and also give access to European Economic Area (EEA) countries. Company is engaged in manufacturing of pharma formulations like Tablets, Capsules, Injectables, Syrups, Ointments, etc.

Company’s key strength is embedded in its cutting-edge research and development capabilities. The company has a strong R&D team including 30 plus scientists. It has filled 25 plus patent applications and is awarded seven patents. R&D centre of the company is recognised by the Department of Scientific and Technology, Government of India and furnished with state-of-the-art devices and equipment for internal physical, chemical and microbiological analysis of all products.

Company has a strong presence in the domestic market nationally with a dedicated field force of over 600 personnel who cater to more than 30,000 doctors, chemists across the country. Company has a wide national distribution network through 21+ Super Stockist and over 50,000 retailers in 26 states across India.

Going green, company has also set up a new Solar Plant of 1 MW at factory’s rooftop in addition to two windmills. This way we are producing renewable energy to our consumption nearly 65% resulting significant saving in the electricity cost and helped the company to become a self-sustainable and environment-friendly organization.

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Ahmedabad (Gujarat) [India], November 10: If you are passionate about something and are willing to work hard for it, success will surely be yours. This is something we have heard many times, but one person who is embodying this in the true sense is Falgun Rathod, one of the top 10 ethical hackers in India.

Falgun is the founder of Cyber Octet, a cybersecurity company that caters to more than 300 top-notch private and government clients in India, Canada, and the United Arab Emirates (UAE), and is a part of the Indian Servers Group. It holds a distinguished place among the top two promising Internet of Things (IoT) security service provider firms globally and is all set to expand to other regions. Falgun is the first-ever Indian to be featured on the cover of the Poland-based cyber security professionals magazine and has won several prestigious awards and accolades, including recognition from the US Department of Defense.

While Falgun’s success and fame at the national and international levels are awe-inspiring, the journey has not been an easy one.

“Before discovering the exciting world of information security, I had my eyes set on becoming a doctor, but my marks were not good enough to help me get into a medical school. I decided to pursue a Bachelor of Computer Application, which was in a way my first proper introduction to the computer,” says Falgun, who hails from a middle-class Gujarati family in Ahmedabad and is a first-generation entrepreneur.

While pursuing his studies, Falgun also dabbled in multi-level marketing and selling insurance to earn some money. However, he quit the side jobs due to the toll they were exerting on his studies and health. He also worked with a leading retailer when the retail boom was just starting in the mid-2000s, but he wasn’t happy. He was disheartened to some extent but not defeated. He also knew that age was on his side and he would make the most of any learning opportunities that came his way.

“Every job I worked or interview I appeared for was a chance to learn something. There were self-doubts and insecurities but I realised that I had not found my calling yet. I also realised that I needed to think outside the box,” says Falgun.

This was also the time when social media was at a nascent stage, and Orkut was the most popular social media platform. Falgun accidentally chanced upon a community of hackers and was fascinated by it. Cybersecurity was still not a very popular or mainstream career choice at the time but Falgun had found his calling. And he has not looked back since.

He soon learnt the tricks of the trade, armed himself with the skillsets to become an ethical hacker, established relationships with industry leaders and kept updating his knowledge in the field of information security. Soon, he was consulting state and central government agencies on cybersecurity. He established Cyber Octet in 2011, which expanded to three more franchisees in just two years.

Falgun brought in his friend Bhoomika Pathak as a partner in 2017 after he felt that Cyber Octet wasn’t growing as well as it should. Subsequently, he also onboarded another friend Darshan Pathak as the Sales Head, who too helped the company touch new heights. With the company firmly on the high-growth, Falgun has been focusing on giving back to society. One of his key initiatives is the School of Cyber Security, which has already trained more than 55,000 students in cybersecurity and ethical hacking. His NGO Think High Foundation, which Falgun established along with his partners, has been improving the lives of the needy by providing them with necessities such as food, shelter, medical aid, and other daily needs, and also support in finding employment and women empowerment.

“My life mantra is very simple. Turn your passion into your profession. It is not easy to discover one’s passion but once you do make sure you give your best to realise it,” he adds.

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November 9: In the fast trending fashion world, everyone wants to try a new look which can either be a trendsetter or may turn out to be a total disaster. Aanchal Gulati is an influencer who curates her fashion content giving a different take to her audience and has a lot to share from her wardrobe. The influencer at Oddcat, blogs about fashion, beauty and her sartorial choices are unique which often sets the trend and are very fashion forward.

Aanchal Gulati is a founder at Shop Oddcat which is India’s first fully sustainable line of handbags that are made with natural/upcycled/ recycled fabrics including leather, jute, jacquard, organic cotton and a whole lot more. The bags are handcrafted to perfection to satiate a woman’s never-ending desire of owning handbags. “I have been a shopaholic in the past and have consciously evolved myself into a lifestyle where I embrace sustainability and believe in the dual philosophy where “less is more” when it comes to shopping and “more is more” when it comes to styling” says Aanchal.

Shop Oddcat handbags are a style statement not only in terms of design but also in terms of sustainability as it makes your shopping experience as guilt-free as possible. It’s not fashion that constitutes landfills, it’s not fashion that is unaffordable, it is everything in the world of “upcoming fashion” as it combines luxury, affordability and sustainability.

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