Morepen Labs - a believable turnaround story

Results have been excellent and company is posting better, positive number with each quarter.

  • Debt reduced from 950 CR to 13 CR in 7 years time.
  • New agreement with Belgiums VESALE is going to give it footprint in the 1000 CR market of PRO-Biotics. Huge positive.
  • People are now spending money on purchasing small medical equipments like BP, SUGAR monitors at home.
  • Morepen is also selling Air Purifiers. Going to add to revenue.

All in all these are very positive signs for the company.

Discloser: Invested for LT (5-10 years)

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