Phaarmasia Ltd

Phaarmasia Ltd

₹ 42.8 1.57%
18 Jun - close price
About

Incorporated in 1981, Phaarmasia Ltd is engaged in manufacturing and marketing of Cosmetics, Oral Contraceptive Pills (OCP) and Combipack with Iron Tablets

Key Points

Business Overview:[1][2]
Company provides various therapeutic dosage combinations for Ministry of Health & Family Welfare and also for exports. In FY20, company became a Sick Industrial Company under SICA and was referred to BIFR.

  • Market Cap 29.2 Cr.
  • Current Price 42.8
  • High / Low 46.2 / 22.1
  • Stock P/E
  • Book Value 15.1
  • Dividend Yield 0.00 %
  • ROCE -4.65 %
  • ROE -4.93 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Stock is trading at 2.83 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of -9.56% over last 3 years.
  • Company's cost of borrowing seems high

* 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.

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Quarterly Results

Figures in Rs. Crores

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
5.36 3.89 5.29 3.87 4.16 5.38 6.67 7.94 7.50 6.88 8.64 5.08 9.99
5.13 3.84 6.10 4.62 4.39 5.72 7.03 8.58 7.71 7.19 8.91 5.65 9.66
Operating Profit 0.23 0.05 -0.81 -0.75 -0.23 -0.34 -0.36 -0.64 -0.21 -0.31 -0.27 -0.57 0.33
OPM % 4.29% 1.29% -15.31% -19.38% -5.53% -6.32% -5.40% -8.06% -2.80% -4.51% -3.12% -11.22% 3.30%
0.13 0.08 0.16 0.08 0.15 0.13 0.14 0.11 0.14 0.14 0.20 0.13 0.19
Interest 0.01 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.03 0.01 0.01 0.02 0.00
Depreciation 0.08 0.07 0.07 0.07 0.07 0.06 0.06 0.06 0.17 0.09 0.09 0.08 0.09
Profit before tax 0.27 0.06 -0.72 -0.74 -0.15 -0.27 -0.29 -0.59 -0.27 -0.27 -0.17 -0.54 0.43
Tax % 44.44% 33.33% 2.78% 1.35% 0.00% -3.70% 3.45% 0.00% 66.67% 0.00% 5.88% -3.70% -9.30%
0.15 0.04 -0.71 -0.73 -0.15 -0.28 -0.29 -0.59 -0.09 -0.27 -0.16 -0.56 0.47
EPS in Rs 0.22 0.06 -1.04 -1.07 -0.22 -0.41 -0.42 -0.86 -0.13 -0.40 -0.23 -0.82 0.69
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
13.85 15.16 12.30 13.68 14.33 18.97 23.97 19.93 16.20 16.88 27.42 30.59
13.19 14.32 11.35 12.94 14.19 18.31 23.24 19.11 16.26 18.62 28.97 31.41
Operating Profit 0.66 0.84 0.95 0.74 0.14 0.66 0.73 0.82 -0.06 -1.74 -1.55 -0.82
OPM % 4.77% 5.54% 7.72% 5.41% 0.98% 3.48% 3.05% 4.11% -0.37% -10.31% -5.65% -2.68%
0.01 0.00 0.07 0.01 0.58 0.53 0.60 0.58 0.89 0.47 0.52 0.66
Interest 0.02 0.02 0.03 0.01 0.01 0.04 0.04 0.04 0.01 0.00 0.04 0.04
Depreciation 0.43 0.38 0.76 0.50 0.44 0.47 0.46 0.40 0.34 0.29 0.36 0.34
Profit before tax 0.22 0.44 0.23 0.24 0.27 0.68 0.83 0.96 0.48 -1.56 -1.43 -0.54
Tax % 18.18% 18.18% 39.13% 83.33% 37.04% 16.18% 6.02% 44.79% 33.33% 1.28% 11.89% 5.56%
0.18 0.35 0.14 0.04 0.16 0.57 0.78 0.54 0.31 -1.55 -1.26 -0.52
EPS in Rs 0.26 0.51 0.21 0.06 0.23 0.83 1.14 0.79 0.45 -2.27 -1.85 -0.76
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: 7%
5 Years: 5%
3 Years: 24%
TTM: 12%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 59%
Stock Price CAGR
10 Years: 10%
5 Years: 15%
3 Years: 10%
1 Year: 70%
Return on Equity
10 Years: -1%
5 Years: -4%
3 Years: -10%
Last Year: -5%

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 6.83 6.83 6.83 6.83 6.83 6.83 6.83 6.83 6.83 6.83 6.83 6.83
Reserves 0.69 0.62 6.28 5.04 4.83 5.20 5.99 6.58 6.83 5.23 3.98 3.47
0.00 0.00 0.11 0.09 0.07 0.22 0.19 0.08 0.05 0.03 0.27 0.14
17.26 5.91 6.17 6.74 7.81 9.67 20.25 20.11 8.20 9.12 17.34 21.01
Total Liabilities 24.78 13.36 19.39 18.70 19.54 21.92 33.26 33.60 21.91 21.21 28.42 31.45
11.14 10.51 15.61 14.11 13.74 14.18 13.80 13.40 13.06 12.76 12.79 12.48
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 0.00 0.00 0.00 0.00 0.00 0.00 0.00
13.64 2.85 3.78 4.59 5.80 7.74 19.46 20.20 8.85 8.45 15.63 18.97
Total Assets 24.78 13.36 19.39 18.70 19.54 21.92 33.26 33.60 21.91 21.21 28.42 31.45

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
0.09 0.16 0.48 0.28 -0.08 0.88 0.06 0.08 0.25 -0.18 0.65 0.11
-0.15 -0.17 -0.34 -0.28 -0.18 -0.92 -0.10 0.00 0.00 0.01 -0.01 0.00
0.00 0.00 0.12 0.16 -0.02 0.08 0.04 -0.11 -0.02 0.00 -0.16 -0.16
Net Cash Flow -0.06 -0.01 0.26 0.17 -0.29 0.04 0.00 -0.03 0.23 -0.17 0.48 -0.06

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 256.95 47.67 47.78 77.64 90.68 72.92 179.07 225.63 96.21 68.98 99.97 96.05
Inventory Days 261.72 13.98 80.49 11.77 55.86 43.40 134.51 124.67 65.84 111.66 103.36 126.07
Days Payable 1,692.02 57.90 184.68 216.27 292.87 249.28 403.08 374.43 166.48 214.10 268.79 297.81
Cash Conversion Cycle -1,173.34 3.74 -56.42 -126.86 -146.33 -132.96 -89.49 -24.13 -4.43 -33.46 -65.47 -75.69
Working Capital Days -93.82 -71.75 -79.23 -64.04 -43.05 -33.67 -10.35 7.33 8.11 -16.87 -37.27 -41.05
ROCE % 3.13% 6.15% 2.52% 1.99% 2.36% 6.01% 6.65% 7.55% 3.60% -12.09% -12.00%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
73.51% 73.51% 73.51% 73.51% 73.51% 73.51% 73.51% 73.51% 73.51% 73.51% 73.51% 73.51%
0.06% 0.06% 0.06% 0.06% 0.06% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05%
26.43% 26.43% 26.43% 26.43% 26.43% 26.43% 26.43% 26.42% 26.43% 26.43% 26.43% 26.43%
No. of Shareholders 21,25821,19821,16921,13321,09921,06521,00320,82220,77920,72220,68820,682

* 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.

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