Vasundhara Rasayans Ltd

Vasundhara Rasayans Ltd

₹ 203 1.27%
10 Jun - close price
About

Incorporated in 1987, Vasundhara Rasayans Ltd manufacturing and exporter Antacids therapeutic category of Active Pharm Ingredients

Key Points

Business Overview:[1]
Company offers wide range antacid therapeutic category of API andis also having an API intermediate plant to handle organic product

  • Market Cap 64.5 Cr.
  • Current Price 203
  • High / Low 398 / 185
  • Stock P/E 15.2
  • Book Value 112
  • Dividend Yield 0.99 %
  • ROCE 16.4 %
  • ROE 12.6 %
  • Face Value 10.0

Pros

  • Debtor days have improved from 61.2 to 44.6 days.

Cons

  • The company has delivered a poor sales growth of 9.93% over past five years.
  • Earnings include an other income of Rs.2.35 Cr.

* 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 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
9.00 9.89 10.03 8.11 9.91 8.33 9.32 8.23 11.14 7.63 9.78 8.82 7.76
7.27 9.28 7.67 6.13 9.34 7.36 7.62 6.77 8.87 6.77 8.16 7.25 7.75
Operating Profit 1.73 0.61 2.36 1.98 0.57 0.97 1.70 1.46 2.27 0.86 1.62 1.57 0.01
OPM % 19.22% 6.17% 23.53% 24.41% 5.75% 11.64% 18.24% 17.74% 20.38% 11.27% 16.56% 17.80% 0.13%
0.35 0.23 1.52 0.38 0.17 0.42 0.27 0.50 0.74 0.45 0.53 0.54 0.83
Interest 0.04 0.00 0.00 0.00 0.04 0.06 0.03 0.01 0.07 0.06 0.08 0.06 0.08
Depreciation 0.03 0.03 0.04 0.03 0.20 0.04 0.06 0.08 0.08 0.08 0.09 0.09 0.10
Profit before tax 2.01 0.81 3.84 2.33 0.50 1.29 1.88 1.87 2.86 1.17 1.98 1.96 0.66
Tax % 29.35% 25.93% 26.04% 26.18% 14.00% 26.36% 26.06% 26.20% 25.52% 25.64% 26.26% 26.02% 31.82%
1.42 0.60 2.84 1.73 0.43 0.96 1.39 1.38 2.13 0.86 1.47 1.45 0.45
EPS in Rs 4.47 1.89 8.94 5.44 1.35 3.02 4.37 4.34 6.70 2.71 4.63 4.56 1.42
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
20.83 18.40 15.27 15.41 16.58 19.71 21.17 22.68 26.70 37.88 36.96 33.99
17.27 16.80 13.97 13.76 14.78 18.55 18.33 19.57 24.49 32.32 30.53 29.95
Operating Profit 3.56 1.60 1.30 1.65 1.80 1.16 2.84 3.11 2.21 5.56 6.43 4.04
OPM % 17.09% 8.70% 8.51% 10.71% 10.86% 5.89% 13.42% 13.71% 8.28% 14.68% 17.40% 11.89%
0.14 0.31 0.25 0.44 7.74 1.04 1.15 0.99 1.04 2.30 1.94 2.35
Interest 0.64 0.53 0.57 0.39 0.17 0.08 0.06 0.09 0.09 0.25 0.21 0.27
Depreciation 0.92 0.50 0.56 0.56 0.32 0.05 0.03 0.05 0.12 0.13 0.26 0.36
Profit before tax 2.14 0.88 0.42 1.14 9.05 2.07 3.90 3.96 3.04 7.48 7.90 5.76
Tax % 34.11% 34.09% 45.24% 59.65% 28.07% 29.95% 23.59% 25.76% 28.62% 25.27% 25.82% 26.39%
1.41 0.58 0.24 0.46 6.52 1.45 2.99 2.94 2.17 5.59 5.86 4.25
EPS in Rs 4.44 1.82 0.76 1.45 20.51 4.56 9.41 9.25 6.83 17.59 18.44 13.37
Dividend Payout % 11.28% 27.41% 0.00% 69.13% 4.88% 21.93% 15.95% 16.22% 14.65% 11.38% 0.00% 0.00%
Compounded Sales Growth
10 Years: 6%
5 Years: 10%
3 Years: 8%
TTM: -8%
Compounded Profit Growth
10 Years: 22%
5 Years: 8%
3 Years: 31%
TTM: -27%
Stock Price CAGR
10 Years: 24%
5 Years: 43%
3 Years: 21%
1 Year: -12%
Return on Equity
10 Years: 15%
5 Years: 16%
3 Years: 18%
Last Year: 13%

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 3.18 3.18 3.18 3.18 3.18 3.18 3.18 3.18 3.18 3.18 3.18 3.18
Reserves 3.33 3.72 3.96 4.04 10.56 11.63 14.23 16.69 18.36 23.64 28.76 32.38
4.44 5.58 5.01 3.10 1.41 0.46 0.00 0.00 1.31 4.02 1.95 4.21
3.47 4.16 3.21 3.13 5.23 5.56 7.28 3.14 2.66 3.68 3.41 3.30
Total Liabilities 14.42 16.64 15.36 13.45 20.38 20.83 24.69 23.01 25.51 34.52 37.30 43.07
5.79 7.62 7.28 6.78 0.10 0.20 0.30 0.67 0.91 0.86 2.43 2.49
CWIP 0.31 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.18 0.23 0.18 0.07 1.10 1.23 0.97 1.12 0.32 0.00 1.16 2.35
8.14 8.79 7.90 6.60 19.18 19.40 23.42 21.22 24.28 33.66 33.71 38.23
Total Assets 14.42 16.64 15.36 13.45 20.38 20.83 24.69 23.01 25.51 34.52 37.30 43.07

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
3.18 1.56 1.32 2.42 -10.70 0.43 0.36 0.22 7.90 -6.50 6.03 -5.83
-0.51 -2.02 -0.06 0.07 13.30 0.53 1.02 0.16 1.39 1.27 -1.32 0.46
-2.88 0.46 -1.28 -2.24 -2.26 -1.36 -0.87 -0.49 0.79 2.19 -2.88 1.35
Net Cash Flow -0.21 0.00 -0.01 0.24 0.33 -0.41 0.50 -0.12 10.08 -3.04 1.83 -4.02

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 65.71 74.39 93.22 89.53 131.65 94.63 107.41 99.30 100.34 77.57 61.43 44.56
Inventory Days 39.14 45.71 53.90 69.11 64.32 60.51 59.00 48.01 57.91 79.48 38.86 44.33
Days Payable 42.15 59.78 31.68 52.91 62.28 45.28 59.39 76.61 57.65 48.68 40.43 42.91
Cash Conversion Cycle 62.70 60.32 115.44 105.73 133.69 109.85 107.02 70.70 100.60 108.36 59.85 45.98
Working Capital Days 85.16 98.19 122.38 88.11 289.71 254.07 267.41 143.88 145.73 213.24 205.21 316.46
ROCE % 24.41% 12.04% 8.04% 13.44% 14.21% 14.14% 23.75% 21.73% 12.92% 28.79% 25.06% 16.37%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
61.98% 61.98% 61.98% 61.98% 61.98% 61.98% 61.98% 61.98% 61.98% 61.98% 61.98% 61.98%
38.02% 38.02% 38.02% 38.02% 38.01% 38.01% 38.02% 38.02% 38.02% 38.02% 38.02% 38.01%
No. of Shareholders 5,1135,0594,9804,8214,8075,5755,5105,3955,6276,1756,3306,323

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