Biocon Ltd
Biocon is engaged in the business of manufacture of biotechnology products and research services.(Source : 202003-01 Annual Report Page No:195)
- Market Cap ₹ 36,300 Cr.
- Current Price ₹ 302
- High / Low ₹ 315 / 218
- Stock P/E 752
- Book Value ₹ 90.4
- Dividend Yield 0.49 %
- ROCE 1.51 %
- ROE -0.14 %
- Face Value ₹ 5.00
Pros
- Company has been maintaining a healthy dividend payout of 25.4%
Cons
- Stock is trading at 3.36 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -3.80% over past five years.
- Company has a low return on equity of 1.38% over last 3 years.
- Earnings include an other income of Rs.2,086 Cr.
* 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: Pharmaceuticals Industry: Pharmaceuticals - Indian - Bulk Drugs & Formln
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,556 | 1,938 | 2,202 | 2,242 | 2,302 | 2,588 | 2,419 | 1,786 | 1,988 | 2,028 | 1,738 | 1,993 | 2,101 | |
1,222 | 1,532 | 1,729 | 1,812 | 1,880 | 1,996 | 2,101 | 1,575 | 1,702 | 1,716 | 1,677 | 1,969 | 1,935 | |
Operating Profit | 334 | 406 | 473 | 430 | 422 | 592 | 318 | 210 | 286 | 312 | 61 | 24 | 166 |
OPM % | 21% | 21% | 21% | 19% | 18% | 23% | 13% | 12% | 14% | 15% | 4% | 1% | 8% |
67 | 38 | 61 | 127 | 279 | 99 | 125 | 422 | 366 | 150 | 187 | 3,134 | 2,086 | |
Interest | 2 | 1 | 1 | 1 | 2 | 4 | 1 | 3 | 1 | 0 | 0 | 70 | 207 |
Depreciation | 94 | 95 | 124 | 128 | 140 | 151 | 136 | 92 | 98 | 104 | 108 | 117 | 121 |
Profit before tax | 304 | 347 | 409 | 428 | 559 | 536 | 306 | 537 | 553 | 359 | 140 | 2,971 | 1,925 |
Tax % | 16% | 21% | 21% | 16% | 34% | 3% | 22% | 8% | 20% | 22% | 38% | 4% | |
256 | 276 | 324 | 361 | 369 | 519 | 238 | 493 | 441 | 280 | 86 | 2,848 | 1,916 | |
EPS in Rs | 2.13 | 2.30 | 2.70 | 3.01 | 3.07 | 4.33 | 1.99 | 4.11 | 3.67 | 2.34 | 0.72 | 23.72 | 15.96 |
Dividend Payout % | 39% | 54% | 31% | 28% | 27% | 12% | 25% | 12% | 0% | 0% | 70% | 6% |
Compounded Sales Growth | |
---|---|
10 Years: | 0% |
5 Years: | -4% |
3 Years: | 0% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -72% |
Stock Price CAGR | |
---|---|
10 Years: | 16% |
5 Years: | 3% |
3 Years: | -8% |
1 Year: | 24% |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | 2% |
3 Years: | 1% |
Last Year: | 0% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 100 | 100 | 100 | 100 | 100 | 100 | 300 | 300 | 600 | 600 | 600 | 600 | 600 |
Reserves | 1,996 | 2,107 | 2,318 | 2,484 | 5,897 | 6,441 | 6,439 | 6,815 | 6,937 | 7,307 | 7,493 | 10,316 | 10,252 |
161 | 131 | 121 | 82 | 370 | 134 | 133 | 71 | 4 | 3 | 77 | 1,301 | 1,922 | |
563 | 675 | 679 | 667 | 732 | 794 | 855 | 1,054 | 770 | 664 | 699 | 813 | 908 | |
Total Liabilities | 2,820 | 3,013 | 3,218 | 3,333 | 7,098 | 7,469 | 7,727 | 8,240 | 8,311 | 8,574 | 8,869 | 13,030 | 13,682 |
685 | 851 | 949 | 914 | 894 | 938 | 903 | 1,101 | 793 | 798 | 870 | 961 | 967 | |
CWIP | 82 | 51 | 102 | 58 | 172 | 241 | 318 | 254 | 152 | 179 | 285 | 344 | 464 |
Investments | 657 | 619 | 493 | 165 | 3,853 | 3,888 | 4,199 | 4,093 | 4,953 | 5,413 | 5,280 | 9,271 | 9,469 |
1,396 | 1,492 | 1,674 | 2,196 | 2,179 | 2,402 | 2,307 | 2,792 | 2,413 | 2,184 | 2,434 | 2,454 | 2,782 | |
Total Assets | 2,820 | 3,013 | 3,218 | 3,333 | 7,098 | 7,469 | 7,727 | 8,240 | 8,311 | 8,574 | 8,869 | 13,030 | 13,682 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
162 | 348 | 186 | 125 | 208 | 186 | 355 | 110 | 387 | 571 | 48 | 219 | |
-196 | -87 | 51 | 145 | -313 | 104 | -553 | 315 | -189 | -721 | -302 | -1,173 | |
-111 | -147 | -187 | -158 | 73 | -238 | -55 | -208 | -129 | 28 | 112 | 1,039 | |
Net Cash Flow | -146 | 114 | 50 | 112 | -32 | 52 | -252 | 217 | 69 | -122 | -142 | 86 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 104 | 80 | 82 | 90 | 80 | 113 | 112 | 184 | 105 | 109 | 147 | 121 |
Inventory Days | 168 | 146 | 131 | 148 | 187 | 190 | 195 | 371 | 236 | 197 | 245 | 208 |
Days Payable | 124 | 108 | 99 | 109 | 146 | 159 | 202 | 298 | 230 | 170 | 172 | 180 |
Cash Conversion Cycle | 148 | 119 | 115 | 129 | 121 | 144 | 105 | 257 | 111 | 136 | 220 | 148 |
Working Capital Days | 81 | 55 | 65 | 85 | 78 | 108 | 87 | 214 | 154 | 122 | 181 | 152 |
ROCE % | 14% | 16% | 17% | 17% | 10% | 8% | 4% | 5% | 5% | 5% | 2% | 2% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 18m
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Announcement Under Regulation 30
1 May - Of receipt of Demand Orders dated April 30, 2024.
- Announcement Under Regulation 30 30 Apr
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Compliance Certificate For The Period Ended March 31, 2024
29 Apr - Compliance Certificate under Regulation 7(3) of SEBI LODR for the year ended March 31, 2024.
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Compliance Certificate
29 Apr - Compliance Certificate under Regulation 40(9) of SEBI LODR for the year ended March 31, 2024.
Annual reports
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Financial Year 2023
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Biologics (41%)[1]
Has one of the largest biosimilar pipelines comprising 28 molecules to be launched over the next decade. [2]
It is among the world’s Top 15 bio-manufacturing companies. Only Indian company to get FDA approval for 3 biosimilar molecules (Trastuzumab, Pegfilgrastim, and Insulin Glargine) [3]
The historic approval of the world’s first interchangeable biosimila-bGlargine, in the U.S. was the key highlight of FY22. [4]