Alivus Life Sciences Ltd
Glenmark Life Sciences, a subsidiary of Nirma Limited, a diversified conglomerate with interest in consumer products, cement, chemicals and pharmaceuticals. It is a leading developer and manufacturer of select, high-value, non-commoditized, active pharmaceutical ingredients (APIs) in chronic therapeutic areas. The company further operates in Contract Development and manufacturing operations to offer services to specialty Pharmaceutical companies.
- Market Cap ₹ 13,627 Cr.
- Current Price ₹ 1,111
- High / Low ₹ 1,335 / 755
- Stock P/E 28.1
- Book Value ₹ 230
- Dividend Yield 2.02 %
- ROCE 25.1 %
- ROE 18.9 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 60.5%
Cons
- The company has delivered a poor sales growth of 9.20% over past five years.
* 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
Part of BSE Healthcare Nifty 500 BSE SmallCap BSE Allcap Nifty MidSmallcap 400
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
0 | 886 | 1,537 | 1,885 | 2,123 | 2,161 | 2,283 | 2,387 | |
0 | 638 | 1,064 | 1,294 | 1,506 | 1,518 | 1,608 | 1,704 | |
Operating Profit | -0 | 248 | 473 | 592 | 617 | 643 | 675 | 683 |
OPM % | -4% | 28% | 31% | 31% | 29% | 30% | 30% | 29% |
0 | -0 | 11 | 0 | 14 | 28 | 11 | 35 | |
Interest | 0 | 1 | 34 | 88 | 28 | 1 | 2 | 2 |
Depreciation | 0 | 19 | 29 | 33 | 38 | 42 | 53 | 61 |
Profit before tax | -0 | 228 | 421 | 471 | 565 | 629 | 631 | 654 |
Tax % | 4,200% | 14% | 26% | 25% | 26% | 26% | 25% | 26% |
-0 | 196 | 313 | 352 | 419 | 467 | 471 | 486 | |
EPS in Rs | -430.00 | 997.86 | 1,597.37 | 358.74 | 34.17 | 38.11 | 38.43 | 39.63 |
Dividend Payout % | 0% | 0% | 0% | 0% | 61% | 110% | 59% | 13% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 9% |
3 Years: | 4% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 9% |
3 Years: | 5% |
TTM: | 3% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 35% |
1 Year: | 35% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 25% |
3 Years: | 21% |
Last Year: | 19% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 0.01 | 2 | 2 | 2 | 25 | 25 | 25 | 25 |
Reserves | -1 | 86 | 400 | 751 | 2,030 | 2,114 | 2,308 | 2,793 |
0 | 0 | 0 | 0 | 3 | 19 | 17 | 57 | |
1 | 1,387 | 1,324 | 1,244 | 414 | 545 | 501 | 537 | |
Total Liabilities | 0 | 1,475 | 1,726 | 1,997 | 2,471 | 2,702 | 2,850 | 3,411 |
0 | 456 | 546 | 573 | 590 | 781 | 805 | 963 | |
CWIP | 0 | 80 | 11 | 14 | 97 | 62 | 106 | 94 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 478 |
0 | 939 | 1,169 | 1,410 | 1,784 | 1,860 | 1,939 | 1,877 | |
Total Assets | 0 | 1,475 | 1,726 | 1,997 | 2,471 | 2,702 | 2,850 | 3,411 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
-0 | 10 | 195 | 388 | 598 | 306 | 414 | 392 | |
0 | -9 | -51 | -69 | -122 | -147 | -116 | -616 | |
0 | 1 | -137 | -214 | -79 | -388 | -279 | -6 | |
Net Cash Flow | 0 | 2 | 8 | 106 | 397 | -228 | 18 | -230 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 44 | 185 | 152 | 120 | 116 | 136 | 122 | 148 |
Inventory Days | 162 | 441 | 227 | 214 | 185 | 224 | 251 | 228 |
Days Payable | 41 | 201 | 111 | 92 | 110 | 158 | 139 | 132 |
Cash Conversion Cycle | 165 | 424 | 268 | 241 | 190 | 202 | 235 | 244 |
Working Capital Days | -2,059 | -186 | -37 | 12 | 150 | 177 | 188 | 275 |
ROCE % | 529% | 186% | 97% | 42% | 30% | 28% | 25% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 8h
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
16 May - Uploaded Q4 & FY2024-25 earnings call audio recording on company website.
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Announcement under Regulation 30 (LODR)-Investor Presentation
15 May - Press Release of the Company for the Fourth Quarter and Year Ended March 31, 2025
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
15 May - Q4FY25 revenue up 21.1% YoY; EBITDA margin 32.1%; FY25 revenue Rs.23,869 Mn; strong cash flow and capex update.
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Appointment Of Secretarial Auditor
15 May - Appointment of M/s. Bhadresh Shah & Associates as Secretarial Auditor for 2025-2030, subject to shareholder approval.
Annual reports
Concalls
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May 2025TranscriptNotesPPT
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Jan 2025Transcript PPT REC
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Oct 2024Transcript PPT REC
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Aug 2024Transcript PPT REC
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May 2024Transcript PPT
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Mar 2024TranscriptNotesPPT
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Jan 2024Transcript PPT
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Oct 2023Transcript PPT
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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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Nov 2022TranscriptNotesPPT
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Nov 2022Transcript PPT
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Oct 2022TranscriptNotesPPT
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Aug 2022TranscriptNotesPPT
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Apr 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
History
Before 2019 API business was an integral part of Glenmark Pharma (GPL). It was separated from GPL into GLS through a Business Transfer Agreement in Jan 2019, and GLS was subsequently listed on NSE & BSE in FY22. [1]