Bliss GVS Pharma Ltd
Incorporated in 1984, Bliss GVS Pharma Limited is engaged in manufacturing, marketing, trading and export of pharmaceutical formulations in the form of suppositories, pessaries, capsules, tablets, and syrups.
- Market Cap ₹ 1,153 Cr.
- Current Price ₹ 110
- High / Low ₹ 150 / 70.8
- Stock P/E 15.2
- Book Value ₹ 94.4
- Dividend Yield 0.46 %
- ROCE 11.2 %
- ROE 7.88 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Stock is trading at 1.16 times its book value
Cons
- The company has delivered a poor sales growth of 7.25% over past five years.
- Promoter holding is low: 35.0%
- Company has a low return on equity of 9.46% over last 3 years.
- Dividend payout has been low at 7.34% of profits over last 3 years
- Company has high debtors of 241 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: Pharmaceuticals Industry: Pharmaceuticals - Indian - Formulations
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
354 | 288 | 313 | 326 | 348 | 298 | 427 | 442 | 466 | 636 | 598 | 605 | |
253 | 222 | 227 | 230 | 247 | 209 | 331 | 342 | 374 | 527 | 508 | 498 | |
Operating Profit | 101 | 66 | 86 | 97 | 101 | 88 | 95 | 100 | 91 | 109 | 90 | 107 |
OPM % | 29% | 23% | 28% | 30% | 29% | 30% | 22% | 23% | 20% | 17% | 15% | 18% |
15 | 30 | 21 | 23 | 9 | 11 | 33 | 37 | 18 | 35 | 51 | -8 | |
Interest | 7 | 9 | 11 | 14 | 9 | 7 | 3 | 7 | 4 | 4 | 10 | 6 |
Depreciation | 4 | 4 | 5 | 6 | 6 | 6 | 6 | 9 | 14 | 14 | 15 | 24 |
Profit before tax | 105 | 82 | 91 | 100 | 95 | 87 | 120 | 122 | 91 | 126 | 116 | 70 |
Tax % | 46% | 34% | 34% | 35% | 38% | 34% | 38% | 24% | 26% | 27% | 26% | 28% |
57 | 54 | 60 | 66 | 59 | 57 | 74 | 92 | 68 | 93 | 85 | 51 | |
EPS in Rs | 5.50 | 5.23 | 5.82 | 6.36 | 5.73 | 5.53 | 7.22 | 8.95 | 6.54 | 8.94 | 8.21 | 4.84 |
Dividend Payout % | 13% | 10% | 12% | 8% | 10% | 18% | 14% | 6% | 8% | 6% | 6% | 10% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 7% |
3 Years: | 9% |
TTM: | 1% |
Compounded Profit Growth | |
---|---|
10 Years: | 3% |
5 Years: | 0% |
3 Years: | 4% |
TTM: | -11% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | -9% |
3 Years: | 0% |
1 Year: | 49% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 10% |
3 Years: | 9% |
Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
Reserves | 248 | 305 | 358 | 422 | 481 | 531 | 593 | 673 | 745 | 841 | 927 | 978 |
76 | 86 | 90 | 81 | 75 | 94 | 72 | 93 | 92 | 90 | 81 | 78 | |
122 | 85 | 97 | 71 | 99 | 59 | 61 | 79 | 98 | 139 | 122 | 87 | |
Total Liabilities | 456 | 486 | 555 | 585 | 666 | 694 | 736 | 855 | 946 | 1,080 | 1,140 | 1,153 |
49 | 54 | 82 | 79 | 76 | 73 | 79 | 180 | 175 | 225 | 326 | 331 | |
CWIP | 1 | 4 | 0 | 2 | 2 | 0 | 43 | 0 | 2 | 22 | 3 | 8 |
Investments | 19 | 19 | 19 | 21 | 21 | 18 | 18 | 18 | 18 | 18 | 18 | 19 |
388 | 409 | 454 | 483 | 567 | 602 | 596 | 657 | 750 | 815 | 793 | 795 | |
Total Assets | 456 | 486 | 555 | 585 | 666 | 694 | 736 | 855 | 946 | 1,080 | 1,140 | 1,153 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-52 | 65 | 15 | 60 | 38 | 23 | 48 | 63 | 67 | 114 | 44 | 126 | |
-27 | -24 | -19 | -15 | -29 | 16 | -68 | -60 | -62 | -92 | -13 | -110 | |
52 | -3 | -31 | -35 | -15 | -22 | 9 | -6 | -12 | -13 | -26 | -21 | |
Net Cash Flow | -27 | 38 | -35 | 10 | -6 | 17 | -11 | -3 | -6 | 9 | 5 | -4 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 225 | 232 | 246 | 280 | 251 | 346 | 293 | 334 | 273 | 234 | 243 | 241 |
Inventory Days | 48 | 53 | 58 | 59 | 61 | 100 | 89 | 93 | 121 | 96 | 86 | 109 |
Days Payable | 181 | 147 | 130 | 94 | 139 | 88 | 50 | 86 | 96 | 89 | 88 | 66 |
Cash Conversion Cycle | 92 | 138 | 173 | 245 | 173 | 357 | 332 | 342 | 298 | 241 | 241 | 283 |
Working Capital Days | 143 | 163 | 216 | 263 | 400 | 553 | 367 | 401 | 367 | 294 | 323 | 313 |
ROCE % | 40% | 25% | 24% | 23% | 19% | 15% | 19% | 18% | 12% | 14% | 13% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
1d - The ESOP Allotment Committee of the Company at its meeting held on May 15, 2024, has approved the allotment of 46,750 equity shares of the …
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Announcement under Regulation 30 (LODR)-Newspaper Publication
6 May - Listing Obligations and Disclsoure Requirements) Regulations, 2015, please find enclosed herewith the copies of the newspaper advertisement published regarding the extract of the statement of …
- Grant Of Options Under Bliss GVS Pharma Limited - Employee Stock Options Plan 2019 2 May
- Corporate Action-Board to consider Dividend 2 May
- Corporate Action-Board approves Dividend 2 May
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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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 2010
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Financial Year 2009
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Product Portfolio:
a) Pharma Products:[1]
Capsules, Creams/Gels/Ointments, Dry Powder for Injection and for Oral Suspension, Eye/Ear Drops, Effervescent tablets, Lotions, Injections, Liquid Preparations, Lozenges, Nasal Solutions, Oral Solids, Parenteral, etc.
b) Other Healthcare Products:[2]
Balm, Cream, Lotion, OTC products, Petroleum Jelly, Powder, Roll On
c) Therapeutics:[3]
Analgesic, Antacid, Anti-malarial, Anti-fungal, Anti-bacterial, Anti-biotic, Anti-inflammatory, Anti-diarrheic, anti-diabetic, etc.