Norris Medicines Ltd

₹ 16.8 4.92%

10 Sep 4:01 p.m.

About

Incorporated in 1990, Norris Medicines Ltd manufacturers Injections and Medicinal formulations

Key Points

Business Overview:^[1]
Company is in Health Care Industry and does contract manufacturing and Loan License Manufacturing for pharma companies.

Website BSE

Market Cap ₹ 16.8 Cr.
Current Price ₹ 16.8
High / Low ₹ 27.7 / 14.8
Stock P/E
Book Value ₹ -14.9
Dividend Yield 0.00 %
ROCE -10.1 %
ROE %
Face Value ₹ 10.0

Add ratio to table

Edit ratios

Pros

Cons

Company has low interest coverage ratio.
The company has delivered a poor sales growth of -5.78% over past five years.
Promoter holding is low: 34.0%
Debtor days have increased from 68.4 to 88.4 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

Services Services Commercial Services & Supplies Trading & Distributors

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Figures in Rs. Crores

	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025
	0.95	3.03	3.16	1.21	0.95	2.56	0.65	1.49	0.72	1.27	1.11	2.72	1.46
	1.15	2.79	2.82	0.66	1.33	2.80	0.69	1.01	0.88	1.42	1.14	2.65	1.56
Operating Profit	-0.20	0.24	0.34	0.55	-0.38	-0.24	-0.04	0.48	-0.16	-0.15	-0.03	0.07	-0.10
OPM %	-21.05%	7.92%	10.76%	45.45%	-40.00%	-9.38%	-6.15%	32.21%	-22.22%	-11.81%	-2.70%	2.57%	-6.85%
	0.00	0.00	0.00	0.01	0.00	0.00	0.00	0.03	0.01	0.00	0.00	0.05	0.02
Interest	0.09	0.65	0.39	0.37	0.09	0.09	0.09	0.11	0.08	0.08	0.12	0.15	0.11
Depreciation	0.15	0.15	0.15	0.18	0.14	0.14	0.14	0.14	0.13	0.13	0.13	0.14	0.12
Profit before tax	-0.44	-0.56	-0.20	0.01	-0.61	-0.47	-0.27	0.26	-0.36	-0.36	-0.28	-0.17	-0.31
Tax %	0.00%	0.00%	0.00%	5,600.00%	0.00%	0.00%	0.00%	34.62%	0.00%	0.00%	0.00%	35.29%	0.00%
	-0.44	-0.56	-0.20	-0.54	-0.61	-0.48	-0.27	0.17	-0.37	-0.36	-0.28	-0.23	-0.31
EPS in Rs	-0.44	-0.56	-0.20	-0.54	-0.61	-0.48	-0.27	0.17	-0.37	-0.36	-0.28	-0.23	-0.31
Raw PDF

Profit & Loss

Figures in Rs. Crores

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
	20.70	18.68	18.86	20.46	13.57	16.26	7.84	12.25	9.44	8.36	5.64	5.82	6.56
	21.76	16.97	18.03	20.46	15.49	16.87	10.00	14.00	9.52	7.43	5.81	6.08	6.77
Operating Profit	-1.06	1.71	0.83	0.00	-1.92	-0.61	-2.16	-1.75	-0.08	0.93	-0.17	-0.26	-0.21
OPM %	-5.12%	9.15%	4.40%	0.00%	-14.15%	-3.75%	-27.55%	-14.29%	-0.85%	11.12%	-3.01%	-4.47%	-3.20%
	0.12	0.15	0.30	0.06	0.14	0.04	0.09	0.05	0.03	0.01	0.01	0.06	0.07
Interest	0.45	0.54	0.67	0.60	0.70	0.73	0.88	1.63	1.48	1.50	0.37	0.44	0.46
Depreciation	1.17	1.31	0.60	0.65	0.71	0.71	0.73	0.67	0.66	0.63	0.57	0.54	0.52
Profit before tax	-2.56	0.01	-0.14	-1.19	-3.19	-2.01	-3.68	-4.00	-2.19	-1.19	-1.10	-1.18	-1.12
Tax %	-42.97%	10,500.00%	-128.57%	-35.29%	-21.00%	-16.42%	-22.83%	24.25%	49.32%	47.06%	8.18%	5.08%
	-1.45	-1.04	0.04	-0.77	-2.51	-1.68	-2.84	-4.96	-3.26	-1.75	-1.19	-1.24	-1.18
EPS in Rs	-1.45	-1.04	0.04	-0.77	-2.51	-1.68	-2.84	-4.96	-3.26	-1.75	-1.19	-1.24	-1.18
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:	-11%
5 Years:	-6%
3 Years:	-15%
TTM:	21%

Compounded Profit Growth
10 Years:	-2%
5 Years:	9%
3 Years:	17%
TTM:	-24%

Stock Price CAGR
10 Years:	%
5 Years:	27%
3 Years:	16%
1 Year:	-7%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	%
Last Year:	%

Balance Sheet

Figures in Rs. Crores

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	9.93	9.93	9.93	9.93	9.93	9.93	9.93	9.93	9.93	9.93	9.93	9.93
Reserves	-3.58	-4.63	-4.60	-5.36	-7.88	-9.55	-12.39	-17.36	-20.62	-22.37	-23.56	-24.79
	7.52	8.16	7.51	7.57	7.71	11.24	17.92	15.52	21.08	21.40	21.52	21.58
	7.45	4.69	5.06	9.90	10.92	8.76	5.10	11.69	3.80	4.72	6.29	7.09
Total Liabilities	21.32	18.15	17.90	22.04	20.68	20.38	20.56	19.78	14.19	13.68	14.18	13.81
	8.97	8.61	8.34	9.97	9.32	8.90	8.25	7.67	7.07	6.47	5.79	5.27
CWIP	0.10	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
	12.24	9.53	9.55	12.06	11.35	11.47	12.30	12.10	7.11	7.20	8.38	8.53
Total Assets	21.32	18.15	17.90	22.04	20.68	20.38	20.56	19.78	14.19	13.68	14.18	13.81

Cash Flows

Figures in Rs. Crores

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	1.44	-1.43	1.35	-0.96	0.80	-1.92	-2.88	1.11	-1.01	1.20	0.17	0.30
	-1.75	-0.88	-0.34	-2.05	-0.08	-0.29	0.00	-0.06	-0.09	-0.02	0.05	0.58
	0.02	0.10	-1.32	3.16	-0.66	2.18	2.86	-1.09	1.10	-1.18	-0.20	-0.49
Net Cash Flow	-0.28	-2.21	-0.31	0.15	0.06	-0.02	-0.02	-0.04	0.00	0.00	0.02	0.40

Ratios

Figures in Rs. Crores

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	91.34	73.66	53.61	84.20	66.44	67.57	128.49	53.33	42.15	48.03	68.60	88.43
Inventory Days	74.17	100.05	134.23	129.50	238.53	134.81	323.82	212.99	157.45	347.62	594.15	436.94
Days Payable	151.02	111.66	99.30	125.29	252.40	139.83	233.37	218.83	86.53	149.91	244.25	320.57
Cash Conversion Cycle	14.50	62.06	88.54	88.41	52.56	62.55	218.94	47.49	113.06	245.73	418.51	204.80
Working Capital Days	12.87	27.75	34.84	-16.06	-91.18	-32.55	-30.73	-103.69	-97.82	-122.25	-202.56	-241.45
ROCE %		4.02%	4.03%	-4.08%	-22.92%	-11.97%	-20.68%	-20.13%	-7.68%	3.20%	-8.43%	-10.14%

Shareholding Pattern

Numbers in percentages

	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025
	34.04%	34.04%	34.04%	34.01%	34.01%	34.01%	34.01%	34.01%	34.01%	34.00%	34.00%	34.00%
	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%
	65.88%	65.88%	65.88%	65.90%	65.91%	65.91%	65.91%	65.90%	65.91%	65.92%	65.93%	65.93%
No. of Shareholders	25,329	25,387	25,326	25,256	25,242	25,317	25,517	25,400	25,498	25,659	25,815	25,950

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Jun 2025
	34.04%	34.04%	34.04%	10.44%	34.04%	34.04%	34.04%	34.01%	34.00%	34.00%
	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%
	65.89%	65.89%	65.89%	89.49%	65.89%	65.89%	65.88%	65.91%	65.93%	65.93%
No. of Shareholders	25,798	25,774	25,422	25,193	25,010	25,290	25,326	25,517	25,815	25,950

* 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

All

Norris Medicines Ltd

Norris Medicines Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Shareholding Pattern

Documents

Announcements

Annual reports