Kwality Pharmaceuticals Ltd
Incorporated in 1983, Kwality Pharma is in the business of manufacturing & trading in Pharmaceuticals & allied products[1]
- Market Cap ₹ 521 Cr.
- Current Price ₹ 502
- High / Low ₹ 545 / 248
- Stock P/E 18.5
- Book Value ₹ 204
- Dividend Yield 0.00 %
- ROCE 18.6 %
- ROE 16.5 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 48.1% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 45.5%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 69.8 to 104 days.
- Working capital days have increased from 115 days to 209 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: Pharmaceuticals Industry: Pharmaceuticals - Indian - Bulk Drugs & Formln
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|
60 | 52 | 74 | 98 | 137 | 166 | 139 | 262 | 456 | 251 | 284 | |
56 | 49 | 69 | 89 | 126 | 150 | 125 | 233 | 285 | 190 | 227 | |
Operating Profit | 4 | 3 | 5 | 9 | 12 | 16 | 14 | 29 | 172 | 61 | 57 |
OPM % | 6% | 6% | 7% | 9% | 8% | 9% | 10% | 11% | 38% | 24% | 20% |
0 | 0 | 0 | 1 | 1 | 1 | 4 | 2 | 4 | -14 | -14 | |
Interest | 1 | 1 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 7 | 9 |
Depreciation | 1 | 1 | 2 | 3 | 3 | 3 | 4 | 6 | 11 | 15 | 19 |
Profit before tax | 2 | 1 | 2 | 6 | 7 | 11 | 11 | 21 | 162 | 26 | 15 |
Tax % | 47% | 41% | 48% | 42% | 39% | 31% | 25% | 30% | 26% | 25% | |
1 | 1 | 1 | 3 | 4 | 8 | 8 | 15 | 120 | 19 | 12 | |
EPS in Rs | 0.93 | 0.92 | 1.55 | 3.23 | 4.39 | 7.28 | 8.02 | 14.60 | 115.64 | 18.67 | 11.53 |
Dividend Payout % | 0% | 0% | 0% | 9% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 22% |
TTM: | 15% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 48% |
3 Years: | 57% |
TTM: | -25% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 64% |
3 Years: | 95% |
1 Year: | 36% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 41% |
3 Years: | 46% |
Last Year: | 17% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4 | 4 | 5 | 5 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
Reserves | 13 | 15 | 17 | 20 | 19 | 27 | 36 | 51 | 171 | 190 | 202 |
6 | 8 | 13 | 19 | 26 | 29 | 35 | 41 | 54 | 90 | 91 | |
12 | 10 | 17 | 26 | 40 | 39 | 52 | 64 | 105 | 70 | 52 | |
Total Liabilities | 35 | 37 | 51 | 71 | 96 | 105 | 133 | 166 | 341 | 361 | 355 |
13 | 13 | 13 | 17 | 20 | 29 | 43 | 57 | 92 | 120 | 136 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 12 | 14 | 0 |
Investments | 1 | 1 | 2 | 4 | 5 | 5 | 4 | 5 | 0 | 0 | 0 |
22 | 24 | 37 | 50 | 70 | 71 | 86 | 102 | 237 | 226 | 219 | |
Total Assets | 35 | 37 | 51 | 71 | 96 | 105 | 133 | 166 | 341 | 361 | 355 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
-1 | 1 | -3 | 4 | -1 | 14 | 6 | 27 | 61 | 41 | |
-3 | -1 | -2 | -7 | -6 | -12 | -18 | -23 | -63 | -48 | |
3 | 1 | 6 | 5 | 5 | -2 | 12 | 1 | 6 | 1 | |
Net Cash Flow | -1 | 1 | 0 | 2 | -1 | -0 | 0 | 4 | 3 | -6 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 41 | 63 | 89 | 84 | 98 | 84 | 79 | 50 | 55 | 104 |
Inventory Days | 58 | 61 | 67 | 71 | 54 | 34 | 94 | 38 | 97 | 310 |
Days Payable | 58 | 40 | 63 | 65 | 80 | 52 | 96 | 58 | 63 | 117 |
Cash Conversion Cycle | 42 | 85 | 93 | 90 | 73 | 67 | 77 | 30 | 90 | 297 |
Working Capital Days | 61 | 81 | 89 | 76 | 74 | 61 | 99 | 47 | 87 | 209 |
ROCE % | 9% | 13% | 19% | 19% | 22% | 18% | 26% | 98% | 19% |
Documents
Announcements
- KWALITY PHARMA RECEIVED INVIMA APPROVAL FOR ITS AMPOULE AND VIAL PRODUCT LINES 22 Apr
-
Compliance Certificate For The Year Ended On 31St March, 2024
12 Apr - Compliance certificate under Reg. 7 (3) of SEBI Regulations for year ended 31st March 2024
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
12 Apr - Certificate under Reg 74(5) of SEBI (DP) Regulations for q.e. 31-03-2024 is enclosed herewith
- Certificate Under Regulation 74(5) Of SEBI (Depositories And Participants) Regulations, 2018 For The Quarter Ended March 31, 2024 12 Apr
- Disclosure Of Non-Applicability Of SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 Dated 26Th November, 2018- Fund Raising By Issuance Of Debt Securities By Large Corporate (LC) 11 Apr
Business Overview:[1][2]
KPL is in an ANVISA and EU GMP certified manufacturer of all pharma products including complex molecules across all dosage forms including niche Biologics. It has a portfolio of 3000+ formulations across 25+ therapeutic areas with categories including generics, cephalosporin, beta-lactam, oncology & biologics. It manufactures and deals in drugs intermediates, chemicals, extracts, alkaloids and other pharmaceutical goods, toilet requisites, medicines, beverages and other medical preparations