Aarti Drugs Ltd
Established in the year 1984 and a part of $1000 million Aarti Group of Industries, Aarti Drugs Ltd. (ADL) is engaged into manufacturing and selling Active Pharmaceutical Ingredients (API's), Pharma Intermediates, Specialty Chemicals as well as Formulations. [1]
It is exporting its API's and Speciality chemicals to over 100 countries across the globe. [2]
- Market Cap ₹ 4,599 Cr.
- Current Price ₹ 500
- High / Low ₹ 646 / 416
- Stock P/E 25.5
- Book Value ₹ 132
- Dividend Yield 0.20 %
- ROCE 15.5 %
- ROE 14.9 %
- Face Value ₹ 10.0
Pros
Cons
- Company might be capitalizing the interest cost
- Promoter holding has decreased over last 3 years: -3.07%
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
382 | 479 | 501 | 1,097 | 1,140 | 1,195 | 1,244 | 1,561 | 1,806 | 2,155 | 2,489 | 2,716 | 2,651 | |
316 | 396 | 432 | 925 | 960 | 1,005 | 1,042 | 1,350 | 1,541 | 1,714 | 2,156 | 2,407 | 2,327 | |
Operating Profit | 66 | 83 | 69 | 172 | 180 | 190 | 202 | 211 | 266 | 440 | 333 | 309 | 324 |
OPM % | 17% | 17% | 14% | 16% | 16% | 16% | 16% | 14% | 15% | 20% | 13% | 11% | 12% |
0 | 0 | 0 | 1 | 0 | 4 | 1 | 6 | 6 | 5 | 11 | 2 | 4 | |
Interest | 26 | 19 | 17 | 42 | 48 | 40 | 38 | 44 | 37 | 26 | 24 | 37 | 33 |
Depreciation | 14 | 17 | 19 | 31 | 37 | 38 | 40 | 43 | 49 | 50 | 50 | 50 | 50 |
Profit before tax | 26 | 47 | 33 | 100 | 95 | 116 | 125 | 131 | 185 | 369 | 270 | 224 | 245 |
Tax % | 33% | 40% | 29% | 23% | 28% | 29% | 34% | 32% | 24% | 24% | 24% | 26% | |
17 | 29 | 24 | 77 | 69 | 82 | 82 | 90 | 141 | 280 | 205 | 166 | 180 | |
EPS in Rs | 2.92 | 2.46 | 7.97 | 7.09 | 8.57 | 8.73 | 9.52 | 15.17 | 30.09 | 22.14 | 17.96 | 19.53 | |
Dividend Payout % | 22% | 21% | 25% | 41% | 24% | 3% | 3% | 3% | 3% | 8% | 5% | 6% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 15% |
TTM: | -1% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 6% |
TTM: | 9% |
Stock Price CAGR | |
---|---|
10 Years: | 27% |
5 Years: | 26% |
3 Years: | -12% |
1 Year: | 19% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 22% |
3 Years: | 23% |
Last Year: | 15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 12 | 12 | 12 | 24 | 24 | 24 | 24 | 24 | 23 | 93 | 93 | 93 | 92 |
Reserves | 112 | 134 | 151 | 284 | 333 | 376 | 432 | 520 | 629 | 820 | 944 | 1,100 | 1,118 |
192 | 189 | 267 | 448 | 483 | 480 | 546 | 507 | 389 | 351 | 543 | 609 | 589 | |
88 | 84 | 93 | 248 | 261 | 311 | 388 | 405 | 535 | 502 | 629 | 620 | 553 | |
Total Liabilities | 403 | 419 | 523 | 1,004 | 1,102 | 1,191 | 1,389 | 1,455 | 1,576 | 1,766 | 2,208 | 2,421 | 2,352 |
205 | 208 | 248 | 448 | 493 | 581 | 602 | 625 | 644 | 665 | 690 | 676 | 669 | |
CWIP | 1 | 3 | 10 | 16 | 34 | 14 | 28 | 33 | 12 | 19 | 77 | 210 | 305 |
Investments | 2 | 2 | 5 | 5 | 5 | 12 | 11 | 12 | 13 | 17 | 19 | 19 | 19 |
196 | 206 | 260 | 534 | 570 | 584 | 748 | 785 | 907 | 1,064 | 1,422 | 1,516 | 1,359 | |
Total Assets | 403 | 419 | 523 | 1,004 | 1,102 | 1,191 | 1,389 | 1,455 | 1,576 | 1,766 | 2,208 | 2,421 | 2,352 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
61 | 59 | 21 | 105 | 133 | 175 | 70 | 143 | 251 | 155 | 70 | 134 | |
-8 | -30 | -76 | -107 | -99 | -107 | -74 | -62 | -33 | -72 | -150 | -164 | |
-54 | -24 | 53 | 1 | -33 | -68 | 4 | -80 | -215 | -81 | 92 | 17 | |
Net Cash Flow | -1 | 5 | -3 | -1 | 1 | -0 | 0 | 1 | 2 | 2 | 13 | -13 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 108 | 88 | 88 | 105 | 106 | 91 | 110 | 107 | 99 | 94 | 110 | 116 |
Inventory Days | 92 | 77 | 103 | 82 | 86 | 100 | 132 | 86 | 102 | 117 | 115 | 101 |
Days Payable | 82 | 60 | 73 | 83 | 90 | 94 | 123 | 85 | 104 | 93 | 103 | 94 |
Cash Conversion Cycle | 119 | 105 | 118 | 104 | 103 | 97 | 119 | 109 | 97 | 118 | 123 | 123 |
Working Capital Days | 127 | 106 | 134 | 98 | 102 | 97 | 122 | 105 | 87 | 110 | 122 | 128 |
ROCE % | 16% | 20% | 13% | 18% | 18% | 17% | 17% | 21% | 34% | 21% | 15% |
Documents
Announcements
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Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015
2d - US FDA has inspected the Formulation (Oncology) manufacturing facility of our Subsidiary (Pinnacle Life Science Private Limited) at Baddi, Himachal Pradesh
- Certificate As Per Regulation 40(9) And 40(10) Of SEBI (LODR) Regulations, 2015 19 Apr
- Compliance Certificate Pursuant To Regulation 7(3) Read With Regulation 7(2) Of The SEBI (LODR) Regulations, 2015 For The Financial Year Ended March 31, 2024. 5 Apr
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 5 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
3 Apr - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2024
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Concalls
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Feb 2024Transcript PPT
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Oct 2023Transcript PPT
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Sep 2023TranscriptNotesPPT
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Jul 2023Transcript PPT REC
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May 2023Transcript PPT
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Feb 2023Transcript PPT
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Oct 2022Transcript PPT
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Aug 2022Transcript PPT
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Jul 2022TranscriptNotesPPT
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May 2022TranscriptNotesPPT
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Feb 2022Transcript PPT
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Nov 2021Transcript PPT
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Aug 2021TranscriptPPT
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Jul 2021TranscriptNotesPPT
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Jun 2021Transcript PPT
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Jan 2021Transcript PPT
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Nov 2020Transcript PPT
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Aug 2020TranscriptNotesPPT
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Jun 2020TranscriptNotesPPT
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May 2020TranscriptPPT
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May 2019TranscriptNotesPPT
Largest producer in World
Aarti Drugs Ltd. (ADL) is the largest producer of Fluoroquinolones group, Tinidazole, Metronidazole Benzoate, Celecoxib, Nimesulide, and Ketoconazole in the world. It is one of the leading producers of Metformin in the world. [1]