Fermenta Biotech Ltd

Fermenta Biotec. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Fermenta Biotech Ltd

₹ 169 -2.37%
19 Apr 11:07 a.m.
dil.net BSE: 506414
About

Incorporated in 1951, Fermenta Biotech
Ltd manufactures Active Pharmaceutical Ingredient, Aqua CHL, Biotechnology and Nutraceutical products[1]

Key Points

Business Overview:[1][2]
a) FBL is engaged in development
and manufacturing of pharmaceuticals, biotechnology and environmental solutions used across various industries. It is a global player in manufacturing of Vitamin D3 in all its formats and has a non-China dependent supply chain.
b) Company is involved in manufacturing
of APIs for muscle relaxant and anti-flatulent applications. It delivers innovative enzymes used in manufacturing of active pharmaceutical ingredients and is involved in environmental solutions used for waste water treatment & management.
c) Also, company has strategic investments in subsidiaries / associate companies primarily dealing in manufacturing and marketing bulk drugs and providing services of sporting and health awareness activities / education activities.
d) Company also deals in lease rental business for ITES properties developed in Than

Website BSE
  • Market Cap ₹ 498 Cr.
  • Current Price ₹ 169
  • High / Low ₹ 214 / 132
  • Stock P/E
  • Book Value ₹ 97.4
  • Dividend Yield 0.76 %
  • ROCE -0.30 %
  • ROE -7.38 %
  • Face Value ₹ 5.00
Edit ratios

Pros

  • Company has reduced debt.
  • Debtor days have improved from 63.2 to 43.6 days.
  • Company's working capital requirements have reduced from 158 days to 123 days

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 2.92% over past five years.
  • Company has a low return on equity of 3.10% over last 3 years.

* 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
89.99 99.49 109.65 99.85 92.86 96.16 91.89 98.03 54.86 105.16 82.45 56.91 98.97
67.79 89.31 83.87 84.14 90.65 78.40 86.99 94.75 64.68 85.87 71.52 70.82 73.84
Operating Profit 22.20 10.18 25.78 15.71 2.21 17.76 4.90 3.28 -9.82 19.29 10.93 -13.91 25.13
OPM % 24.67% 10.23% 23.51% 15.73% 2.38% 18.47% 5.33% 3.35% -17.90% 18.34% 13.26% -24.44% 25.39%
0.69 4.63 1.82 2.27 1.16 2.88 3.84 2.69 -19.41 -7.91 2.01 -5.53 2.52
Interest 3.93 5.02 4.14 4.42 4.10 4.43 4.47 4.86 5.14 6.31 4.78 3.69 5.19
Depreciation 5.00 6.41 5.95 6.44 6.68 6.49 6.67 9.07 6.32 6.19 5.95 5.93 6.38
Profit before tax 13.96 3.38 17.51 7.12 -7.41 9.72 -2.40 -7.96 -40.69 -1.12 2.21 -29.06 16.08
Tax % 29.66% -29.88% 34.04% 41.85% -12.69% 20.58% -8.33% -6.28% 7.50% -373.21% 0.00% 0.00% 37.81%
9.83 4.39 11.54 4.14 -8.34 7.72 -2.59 -8.46 -37.64 -5.29 2.21 -29.07 9.99
EPS in Rs 3.33 2.51 3.84 1.53 -2.73 2.61 -0.88 -2.75 -12.70 -1.40 0.62 -9.70 3.35
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
119 117 139 142 155 164 302 403 292 376 397 349 343
88 94 113 126 134 152 209 248 225 293 335 330 302
Operating Profit 31 23 26 16 21 12 93 156 66 83 62 19 41
OPM % 26% 20% 19% 11% 13% 7% 31% 39% 23% 22% 16% 5% 12%
14 2 3 0 1 3 9 6 12 8 8 -21 -9
Interest 4 5 5 4 6 10 14 21 20 19 18 21 20
Depreciation 8 9 10 9 8 10 12 12 15 20 26 28 24
Profit before tax 33 10 14 3 7 -6 76 129 43 52 27 -52 -12
Tax % 19% 36% 24% 67% 61% -49% 28% 8% -37% 18% 44% -3%
25 4 10 1 2 -9 46 117 60 43 15 -54 -22
EPS in Rs 8.07 1.51 2.86 0.17 -0.41 -4.14 12.21 42.71 20.23 15.46 5.25 -17.50 -7.13
Dividend Payout % 31% 124% 29% 249% -51% -5% 2% 1% 24% 16% 23% -7%
Compounded Sales Growth
10 Years: 12%
5 Years: 3%
3 Years: 6%
TTM: 1%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 53%
Stock Price CAGR
10 Years: 15%
5 Years: -7%
3 Years: -17%
1 Year: 17%
Return on Equity
10 Years: 11%
5 Years: 14%
3 Years: 3%
Last Year: -7%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 2 2 2 2 2 2 2 5 14 14 14 14 14
Reserves 127 125 130 129 128 142 122 246 295 346 358 300 272
37 43 65 71 89 87 173 209 224 232 239 220 172
50 55 61 60 70 75 87 92 80 94 96 102 136
Total Liabilities 216 226 259 262 288 307 385 551 614 687 707 636 595
73 94 87 85 168 172 177 178 200 263 299 267 238
CWIP 13 15 36 65 6 5 4 22 71 57 35 45 49
Investments 18 11 17 18 15 18 10 8 0 0 0 3 0
113 105 118 94 99 112 193 344 342 367 373 321 308
Total Assets 216 226 259 262 288 307 385 551 614 687 707 636 595

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
39 23 14 15 4 2 59 90 34 63 43 117
-50 -20 -25 -18 -13 7 -101 -97 -44 -41 -26 -56
7 -8 13 1 10 -12 89 12 -47 -1 -22 -41
Net Cash Flow -4 -4 2 -2 1 -4 47 6 -57 21 -4 20

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 72 79 106 91 101 99 83 59 87 66 80 44
Inventory Days 210 225 149 125 160 208 234 347 594 441 380 309
Days Payable 155 134 120 95 113 147 183 169 260 169 154 109
Cash Conversion Cycle 127 171 136 122 148 160 134 237 421 338 306 244
Working Capital Days 78 72 73 4 20 115 90 97 202 171 180 123
ROCE % 16% 8% 9% 3% 6% 2% 31% 41% 12% 13% 7% -0%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
59.44% 59.44% 59.44% 59.58% 59.58% 59.58% 59.58% 59.58% 59.58% 62.06% 62.06% 62.06%
0.13% 0.03% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.00% 0.00% 0.00% 0.00%
0.24% 0.00% 0.00% 0.05% 0.05% 0.05% 0.05% 0.00% 0.00% 0.00% 0.00% 0.00%
38.21% 38.55% 38.57% 38.37% 38.37% 38.37% 38.38% 38.45% 38.46% 36.00% 36.04% 36.05%
1.98% 1.98% 1.98% 1.98% 1.98% 1.98% 1.98% 1.95% 1.95% 1.92% 1.89% 1.89%
No. of Shareholders 15,02715,54118,39918,57817,51817,47217,97117,61016,89716,14815,72115,150

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

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Credit ratings

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