Auro Laboratories Ltd

Auro Laboratories Ltd

₹ 198 -2.56%
24 Apr 3:21 p.m.
About

Incorporated in 1989, Auro Laboratories Limited is into the manufacturing of Active Pharmaceutical Ingredients (APIs), specializing in Diabetes therapy. The company also also undertakes Toll/Custom Manufacturing for API's and Intermediates on contract basis.
Key API Products of Auro Labs are:[1]
- Metformin Hydrochloride
- Chlorzoxzone
- Chlorphenamine Maleate

Key Points

Product Portfolio:[1]
a) Active Pharmaceutical Ingredients:
Anti-Diabetics, Anti-Histamines, Muscle Relaxants, Diuretics, Anti Fungal, Anti Ulcer, Anti Fungal, Anti Ulcer, Iodine Supplement, Iron Supplement, Anti Malaria, Analgesics, Antacids, Anti Inflammatory, Specialty Chemicals, etc.
b) Intermediates: [2]
Few Intermediates which are used in APIs are Glibenclamide, Ketoconazol, Sildenafil Citrate, and Citalopram

  • Market Cap 123 Cr.
  • Current Price 198
  • High / Low 210 / 63.0
  • Stock P/E 17.2
  • Book Value 59.4
  • Dividend Yield 0.00 %
  • ROCE 9.92 %
  • ROE 7.43 %
  • Face Value 10.0

Pros

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 5.33% over past five years.
  • Company might be capitalizing the interest cost

* 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

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
13.11 13.56 10.53 10.32 12.14 17.88 11.19 12.56 15.62 13.52 10.18 13.41 17.98
10.25 10.51 9.16 9.20 10.93 16.97 10.62 11.54 15.17 11.17 9.02 10.38 13.90
Operating Profit 2.86 3.05 1.37 1.12 1.21 0.91 0.57 1.02 0.45 2.35 1.16 3.03 4.08
OPM % 21.82% 22.49% 13.01% 10.85% 9.97% 5.09% 5.09% 8.12% 2.88% 17.38% 11.39% 22.60% 22.69%
0.25 0.17 0.50 0.29 0.02 0.28 0.05 -0.16 0.43 0.62 0.36 0.32 0.42
Interest 0.05 0.25 0.11 0.15 0.16 0.40 0.26 0.32 0.10 0.13 0.27 0.35 0.44
Depreciation 0.26 0.28 0.26 0.26 0.26 0.24 0.25 0.25 0.27 0.30 0.27 0.27 0.27
Profit before tax 2.80 2.69 1.50 1.00 0.81 0.55 0.11 0.29 0.51 2.54 0.98 2.73 3.79
Tax % 27.50% 43.49% 29.33% 29.00% 24.69% 16.36% 27.27% 27.59% 27.45% 29.53% 27.55% 27.84% 27.70%
2.03 1.52 1.07 0.71 0.61 0.46 0.08 0.21 0.37 1.78 0.71 1.97 2.73
EPS in Rs 3.26 2.44 1.72 1.14 0.98 0.74 0.13 0.34 0.59 2.86 1.14 3.16 4.38
Raw PDF

Profit & Loss

Figures in Rs. Crores

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
25.44 44.28 33.74 32.65 27.91 35.47 40.79 46.82 43.79 54.25 50.87 52.89 55.09
23.33 41.01 30.95 29.71 25.11 31.03 34.43 39.83 37.51 43.01 46.24 48.50 44.47
Operating Profit 2.11 3.27 2.79 2.94 2.80 4.44 6.36 6.99 6.28 11.24 4.63 4.39 10.62
OPM % 8.29% 7.38% 8.27% 9.00% 10.03% 12.52% 15.59% 14.93% 14.34% 20.72% 9.10% 8.30% 19.28%
0.05 0.06 0.06 0.24 0.42 0.53 0.51 0.96 0.97 0.76 1.09 0.94 1.72
Interest 1.43 1.85 1.53 1.66 1.66 1.18 1.21 0.87 0.58 0.46 0.83 0.81 1.19
Depreciation 0.47 0.72 0.74 0.72 0.68 0.86 0.93 1.01 1.02 1.04 1.02 1.07 1.11
Profit before tax 0.26 0.76 0.58 0.80 0.88 2.93 4.73 6.07 5.65 10.50 3.87 3.45 10.04
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 72.01% 25.16% 27.51% 27.96% 31.62% 26.61% 28.99%
0.26 0.77 0.58 0.80 0.88 0.82 3.53 4.40 4.05 7.18 2.84 2.44 7.19
EPS in Rs 0.42 1.24 0.93 1.28 1.41 1.32 5.66 7.06 6.50 11.52 4.56 3.91 11.54
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: 2%
5 Years: 5%
3 Years: 7%
TTM: -4%
Compounded Profit Growth
10 Years: 12%
5 Years: -7%
3 Years: -16%
TTM: 542%
Stock Price CAGR
10 Years: 42%
5 Years: 25%
3 Years: 27%
1 Year: 211%
Return on Equity
10 Years: 17%
5 Years: 17%
3 Years: 14%
Last Year: 7%

Balance Sheet

Figures in Rs. Crores

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 6.23 6.23 6.23 6.23 6.23 6.23 6.23 6.23 6.23 6.23 6.23 6.23 6.23
Reserves -0.68 0.09 0.67 1.47 2.35 3.18 6.75 11.18 15.27 22.35 25.29 27.97 30.78
15.94 16.75 14.80 16.41 12.62 4.95 9.20 8.09 3.16 3.16 13.78 6.41 15.35
5.22 6.75 5.14 4.67 4.49 12.45 8.23 7.97 7.68 10.15 9.66 15.38 9.35
Total Liabilities 26.71 29.82 26.84 28.78 25.69 26.81 30.41 33.47 32.34 41.89 54.96 55.99 61.71
6.38 10.68 10.51 9.80 9.13 13.00 13.02 14.59 14.24 13.56 13.61 12.62 12.15
CWIP 4.43 0.00 0.06 0.82 3.33 0.23 1.07 0.12 0.12 0.13 3.68 7.67 13.79
Investments 0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.05
15.85 19.09 16.22 18.11 13.18 13.53 16.27 18.71 17.93 28.15 37.62 35.65 35.72
Total Assets 26.71 29.82 26.84 28.78 25.69 26.81 30.41 33.47 32.34 41.89 54.96 55.99 61.71

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
2.50 1.46 4.48 -0.78 7.88 6.49 6.05 6.87 9.30 12.82 -6.59 3.28
-3.75 -0.52 -0.56 -0.73 -2.44 -2.20 -3.04 -3.19 -2.21 -3.51 -5.34 -5.08
1.01 -0.79 -2.99 0.53 -5.34 -3.81 -1.77 -1.83 -5.52 -0.46 9.79 -8.18
Net Cash Flow -0.24 0.15 0.93 -0.98 0.09 0.47 1.24 1.86 1.58 8.85 -2.14 -9.98

Ratios

Figures in Rs. Crores

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 42.47 66.52 46.95 94.80 66.04 79.13 74.90 66.26 48.18 49.12 97.65 85.57
Inventory Days 174.50 72.37 115.33 89.37 86.72 21.65 22.00 42.98 60.54 32.60 47.32 120.27
Days Payable 89.54 64.73 62.97 56.12 72.03 80.26 78.26 66.19 70.67 73.51 54.12 117.41
Cash Conversion Cycle 127.43 74.17 99.30 128.05 80.73 20.52 18.64 43.05 38.04 8.20 90.86 88.44
Working Capital Days 133.58 89.27 94.12 138.51 97.17 67.20 64.70 63.46 51.09 33.84 123.56 134.64
ROCE % 8.52% 11.71% 9.43% 10.74% 11.21% 23.06% 32.51% 29.11% 24.84% 38.87% 12.20% 9.92%

Shareholding Pattern

Numbers in percentages

3 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
51.92% 51.93% 51.99% 51.99% 52.09% 52.09% 52.09% 52.09% 52.09% 52.09% 52.09% 52.15%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
48.07% 48.06% 48.00% 48.00% 47.91% 47.91% 47.92% 47.90% 47.90% 47.92% 47.90% 47.85%
No. of Shareholders 9,37710,12910,18911,34011,36211,18311,13510,90610,50110,2729,9059,441

* 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.

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