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Zenlabs Ethica Ltd

Zenlabs Ethica Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Zenlabs Ethica Ltd

₹ 41.2 -4.12%
31 Oct - close price
zenlabsindia.com ; www.zenlabsethica.com BSE: 530697
About

Incorporated in 1993, Zenlabs Ethica Ltd is engaged in trading, marketing and distribution of pharmaceutical formulations.

Key Points

Business Overview:[1]
Zenlabs Ethica Ltd is a WHO-GMP certified, third party manufacturing pharma company. Company was launched in collaboration with Zenlabs Pharmaceutical Inc, Canada. It is a part of Preet Remedies Group which has five manufacturing units namely Preet Remedies Pvt. Ltd., Oasis Pharma & Phytomolecules Pvt. Ltd., Quixotic Healthcare Unit I & II, and Alpha Products. At any of these facilities, minimum order quantity offered is 2000 boxes of drugs.

Website BSE
  • Market Cap ₹ 26.8 Cr.
  • Current Price ₹ 41.2
  • High / Low ₹ 70.0 / 36.0
  • Stock P/E 68.7
  • Book Value ₹ 15.6
  • Dividend Yield 0.00 %
  • ROCE 7.01 %
  • ROE 4.24 %
  • Face Value ₹ 10.0
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Pros

Cons

  • Stock is trading at 2.65 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -2.18% over past five years.
  • Company has a low return on equity of 7.40% over last 3 years.
  • Promoter holding has decreased over last 3 years: -14.6%
  • Working capital days have increased from 75.1 days to 130 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Trading Industry: Trading

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Quarterly Results

Figures in Rs. Crores

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
18.90 18.33 17.43 14.43 17.35 17.53 17.40 14.60 13.57 14.06 15.60 15.33 12.36
18.45 17.89 16.63 14.00 16.45 16.56 16.83 14.12 13.04 13.62 14.91 14.57 11.74
Operating Profit 0.45 0.44 0.80 0.43 0.90 0.97 0.57 0.48 0.53 0.44 0.69 0.76 0.62
OPM % 2.38% 2.40% 4.59% 2.98% 5.19% 5.53% 3.28% 3.29% 3.91% 3.13% 4.42% 4.96% 5.02%
0.02 0.04 0.02 0.01 0.02 0.03 0.03 -0.54 0.05 0.22 0.00 0.02 0.00
Interest 0.01 0.02 0.24 0.10 0.12 0.13 0.15 0.14 0.16 0.21 0.22 0.25 0.23
Depreciation 0.06 0.06 0.22 0.24 0.30 0.32 0.31 0.32 0.32 0.32 0.32 0.33 0.32
Profit before tax 0.40 0.40 0.36 0.10 0.50 0.55 0.14 -0.52 0.10 0.13 0.15 0.20 0.07
Tax % 25.00% 37.50% 30.56% 80.00% 30.00% 23.64% 28.57% -25.00% 30.00% 30.77% 26.67% 25.00% 42.86%
0.30 0.25 0.24 0.03 0.37 0.41 0.10 -0.39 0.07 0.09 0.11 0.15 0.04
EPS in Rs 0.46 0.38 0.37 0.05 0.57 0.63 0.15 -0.60 0.11 0.14 0.17 0.23 0.06
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
0.00 0.00 0.00 15.09 78.73 69.85 65.37 58.50 56.64 69.09 66.89 58.56 57.35
0.15 0.04 0.05 14.89 77.28 68.00 63.28 59.20 54.89 66.70 63.98 56.15 54.84
Operating Profit -0.15 -0.04 -0.05 0.20 1.45 1.85 2.09 -0.70 1.75 2.39 2.91 2.41 2.51
OPM % 1.33% 1.84% 2.65% 3.20% -1.20% 3.09% 3.46% 4.35% 4.12% 4.38%
0.10 0.00 0.00 -0.03 0.08 0.10 0.10 0.05 0.11 0.09 -0.45 0.30 0.24
Interest 0.00 0.00 0.00 0.02 0.10 0.09 0.07 0.23 0.29 0.37 0.53 0.83 0.91
Depreciation 0.02 0.01 0.01 0.06 0.20 0.20 0.23 0.29 0.71 0.89 1.25 1.29 1.29
Profit before tax -0.07 -0.05 -0.06 0.09 1.23 1.66 1.89 -1.17 0.86 1.22 0.68 0.59 0.55
Tax % 0.00% 0.00% 16.67% -88.89% 21.95% 29.52% 32.80% -36.75% 10.47% 36.07% 26.47% 27.12%
-0.07 -0.06 -0.07 0.17 0.95 1.16 1.26 -0.73 0.77 0.78 0.49 0.42 0.39
EPS in Rs -0.18 -0.16 -0.18 0.26 1.46 1.78 1.94 -1.12 1.18 1.20 0.75 0.65 0.60
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 16.32% 0.00% 0.00% 0.00% 0.00% 0.00% 33.21% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: -2%
3 Years: 1%
TTM: -9%
Compounded Profit Growth
10 Years: 25%
5 Years: -20%
3 Years: -19%
TTM: -49%
Stock Price CAGR
10 Years: 19%
5 Years: 3%
3 Years: 7%
1 Year: 5%
Return on Equity
10 Years: 8%
5 Years: 5%
3 Years: 7%
Last Year: 4%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 3.62 3.62 3.62 6.20 6.20 6.20 6.51 6.51 6.51 6.51 6.51 6.51
Reserves -1.51 -1.57 -1.65 -1.41 -0.41 0.81 1.77 0.90 2.05 2.82 3.19 3.61
0.00 0.00 0.00 1.09 0.96 0.85 0.60 0.73 2.60 3.90 5.85 14.86
1.75 1.75 1.77 24.49 26.62 21.96 26.01 25.85 21.04 24.66 27.95 15.28
Total Liabilities 3.86 3.80 3.74 30.37 33.37 29.82 34.89 33.99 32.20 37.89 43.50 40.26
0.10 0.09 0.06 1.68 1.50 1.33 1.36 1.12 3.51 3.53 5.03 3.70
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 1.25 0.95 0.70 0.70 0.70 0.70 0.70 0.70 0.70
3.76 3.71 3.68 27.44 30.92 27.79 32.83 32.17 27.99 33.66 37.77 35.86
Total Assets 3.86 3.80 3.74 30.37 33.37 29.82 34.89 33.99 32.20 37.89 43.50 40.26

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.00 -0.01 0.02 0.92 -1.06 0.36 0.80 0.45 -8.41 -0.38 1.52 -9.06
0.00 0.00 0.00 -1.69 -0.02 -0.03 -0.22 0.01 0.15 0.00 -1.47 0.11
0.00 0.00 0.00 3.23 -0.27 -0.23 -0.14 -0.03 -0.52 0.31 0.06 8.24
Net Cash Flow 0.00 -0.01 0.02 2.47 -1.35 0.09 0.44 0.43 -8.78 -0.07 0.11 -0.71

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 398.14 107.65 126.40 139.37 138.76 121.67 109.57 118.41 129.21
Inventory Days 249.62 34.42 11.12 31.23 33.95 40.46 56.05 77.85 100.05
Days Payable 665.46 136.41 125.88 161.27 165.31 150.28 141.30 174.04 101.21
Cash Conversion Cycle -17.70 5.66 11.64 9.33 7.40 11.85 24.32 22.21 128.04
Working Capital Days 4.84 13.95 23.36 28.42 24.02 32.48 44.96 50.31 129.96
ROCE % -3.27% -2.40% -2.99% 9.94% 21.06% 23.96% 24.13% -11.05% 12.02% 13.04% 12.44% 7.01%

Shareholding Pattern

Numbers in percentages

1 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
67.61% 67.61% 63.29% 60.51% 59.12% 59.12% 59.12% 59.12% 59.12% 52.97% 52.97% 52.96%
32.39% 32.39% 36.71% 39.49% 40.88% 40.88% 40.88% 40.87% 40.88% 47.01% 47.02% 47.04%
No. of Shareholders 1,6321,9972,0182,0172,0391,9652,0252,1592,1992,4822,4622,635

Documents

Announcements

Annual reports