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Juneja: Mankind Pharma intentionally caps EBITDA at 26% to fuel growth

Rajiv Juneja · Two Pharma Giants Who'd Never Met | Mankind & Dr. Reddy's | WTF is Pharma? · Nikhil Kamath · Jun 17, 2026 · at 36:03

Mankind Pharma Vice Chairman Rajiv Juneja explains Mankind's strategy of capping EBITDA margin to reinvest in sales growth rather than maximizing short-term profits.

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“See, I mean, it depends upon, I mean, if you just look at mankind, our EBITDA is always in between 25, 26%. Intentionally. Because we just want to grow faster. We spend more. We can increase it.”

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