Prism Medico & Pharmacy Ltd

Prism Medico & Pharmacy Ltd

₹ 23.9 0.46%
29 Apr 2:53 p.m.
About

Incorporated in 1985, Prism Medico and Pharmacy Ltd is in the business of Wholesale and Retail of straw, fodder and other animal/ poultry feed[1]

Key Points

Alteration in MoA:[1]
In FY22, company altered its main objects of Memorandum of Association and inserted new objects viz.:
a) To manufacture, import, export, wholesale or retail trade all kinds of pharmaceuticals, antibiotics, drugs, medicines, biological, Nutraceutical, healthcare, Ayurveda and dietary supplement products, medicinal preparations, vaccines, chemicals, chemical products, dry salters, mineral waters, wines, cordials, liquors, soups, broths and other restoratives or foods
b) To deal in medicinal goods viz. surgical instruments, contraceptives, photographic goods, oils, perfumes, cosmetics, patent medicines, soaps, artificial limbs, hospital requisites, proprietary medicines, veterinary medicines and tinctures extracts
c) To carry on the business of vialling, bottling, repacking, processing of tablets, capsules, syrups, injections, ointments, etc.
d) To carry on the business of chemists, druggists, buyers, sellers, agents, distributors and stockiest of all kinds of pharmaceuticals and allied products

  • Market Cap 14.5 Cr.
  • Current Price 23.9
  • High / Low 39.2 / 22.0
  • Stock P/E 145
  • Book Value 25.0
  • Dividend Yield 0.00 %
  • ROCE -0.79 %
  • ROE -0.58 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.98 times its book value

Cons

  • The company has delivered a poor sales growth of -42.9% over past five years.
  • Promoter holding is low: 25.0%
  • Company has a low return on equity of -1.47% over last 3 years.
  • Company has high debtors of 1,368 days.
  • Promoter holding has decreased over last 3 years: -13.0%
  • Working capital days have increased from 1,674 days to 4,256 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

Standalone Figures in Rs. Crores / View Consolidated

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
6.07 4.32 0.00 0.00 0.00 8.44 0.00 0.00 0.00 1.27 0.00 0.03 2.75
5.71 5.17 0.05 0.10 0.06 8.72 0.08 0.02 0.02 1.24 0.11 0.09 2.56
Operating Profit 0.36 -0.85 -0.05 -0.10 -0.06 -0.28 -0.08 -0.02 -0.02 0.03 -0.11 -0.06 0.19
OPM % 5.93% -19.68% -3.32% 2.36% -200.00% 6.91%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.01 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.36 -0.85 -0.05 -0.10 -0.06 -0.28 -0.08 -0.02 -0.02 0.03 -0.09 -0.05 0.19
Tax % 25.00% 4.71% 0.00% 0.00% 0.00% 46.43% 0.00% 0.00% 0.00% -100.00% 0.00% 0.00% 0.00%
0.26 -0.81 -0.05 -0.10 -0.07 -0.15 -0.08 -0.02 -0.03 0.05 -0.09 -0.05 0.19
EPS in Rs 0.43 -1.34 -0.08 -0.16 -0.12 -0.25 -0.13 -0.03 -0.05 0.08 -0.15 -0.08 0.31
Raw PDF

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
0.09 0.00 0.00 0.00 0.09 0.09 20.96 36.31 26.89 16.76 8.44 1.27 4.05
0.18 0.14 0.05 0.06 0.15 0.37 20.86 35.98 26.94 16.92 8.93 1.37 4.00
Operating Profit -0.09 -0.14 -0.05 -0.06 -0.06 -0.28 0.10 0.33 -0.05 -0.16 -0.49 -0.10 0.05
OPM % -100.00% -66.67% -311.11% 0.48% 0.91% -0.19% -0.95% -5.81% -7.87% 1.23%
0.00 -0.04 0.00 0.06 0.06 0.07 -0.01 -0.01 0.00 0.00 0.00 0.00 0.03
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.01 0.01 0.00 0.01 0.01 0.02 0.04 0.03 0.02 0.01 0.01 0.01 0.00
Profit before tax -0.10 -0.19 -0.05 -0.01 -0.01 -0.23 0.05 0.29 -0.07 -0.17 -0.50 -0.11 0.08
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 140.00% -24.14% 28.57% 29.41% 26.00% 27.27%
-0.10 -0.19 -0.05 -0.01 -0.01 -0.23 -0.02 0.37 -0.05 -0.13 -0.37 -0.08 0.10
EPS in Rs -0.50 -0.95 -0.25 -0.05 -0.05 -0.38 -0.03 0.61 -0.08 -0.21 -0.61 -0.13 0.16
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: -43%
3 Years: -64%
TTM: -52%
Compounded Profit Growth
10 Years: 1%
5 Years: %
3 Years: -26%
TTM: 136%
Stock Price CAGR
10 Years: 3%
5 Years: -7%
3 Years: 38%
1 Year: -5%
Return on Equity
10 Years: 0%
5 Years: 0%
3 Years: -1%
Last Year: -1%

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
Equity Capital 1.99 1.99 1.99 1.99 1.99 6.06 6.06 6.06 6.06 6.06 6.06 6.06
Reserves -0.11 -0.30 -0.35 -0.36 -0.36 6.74 6.72 7.09 6.99 6.86 6.49 9.10
0.00 0.00 0.00 0.02 0.07 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.09 0.10 0.02 0.04 0.16 0.25 0.16 3.82 8.54 8.63 0.02 0.23
Total Liabilities 1.97 1.79 1.66 1.69 1.86 13.05 12.94 16.97 21.59 21.55 12.57 15.39
0.03 0.03 0.02 0.01 0.00 0.16 0.11 0.09 0.07 0.06 0.05 0.04
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 0.00 0.00 10.00 11.25 10.00 1.94 1.94 0.00 0.00
1.94 1.76 1.64 1.68 1.86 2.89 1.58 6.88 19.58 19.55 12.52 15.35
Total Assets 1.97 1.79 1.66 1.69 1.86 13.05 12.94 16.97 21.59 21.55 12.57 15.39

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
-0.09 -0.14 -0.04 0.01 0.05 -0.82 -0.06 -1.23 -4.36 -0.05 -2.38 2.95
0.06 0.14 0.03 0.00 0.46 0.30 -1.25 1.25 4.36 0.02 2.35 -2.91
0.00 0.00 0.00 0.02 0.05 1.33 -0.05 0.06 0.00 0.00 0.00 0.00
Net Cash Flow -0.03 0.00 0.00 0.02 0.56 0.81 -1.36 0.08 -0.01 -0.03 -0.03 0.04

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 324.44 365.00 0.00 0.00 37.80 248.94 294.22 211.04 1,368.03
Inventory Days 0.00 0.00 15.75 9.95
Days Payable 0.00 37.02
Cash Conversion Cycle 324.44 365.00 0.00 15.75 10.73 248.94 294.22 211.04 1,368.03
Working Capital Days 7,421.67 4,461.11 5,069.44 25.08 29.65 148.36 234.99 530.20 4,256.42
ROCE % -5.18% -5.04% -3.00% -0.61% -0.60% -3.17% 0.47% 4.01% -0.53% -1.31% -3.93% -0.79%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
29.06% 23.93% 23.93% 23.93% 23.93% 23.93% 23.93% 23.93% 25.00% 25.00% 25.00% 25.00%
70.94% 76.07% 76.07% 76.07% 76.07% 76.06% 76.07% 76.06% 75.00% 75.01% 74.99% 75.00%
No. of Shareholders 1,9002,7903,7314,2454,1683,8903,3283,5583,6103,4653,6503,792

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