Bafna Pharmaceuticals Ltd

AI

Bafna Pharmaceuticals Ltd

₹ 258 -2.00%
14 Aug - close price
About

Incorporated in 1981, Bafna Pharmaceuticals
Ltd manufactures finished pharmaceutical formulations[1]

Key Points

Product Profile:[1][2][3]
Company is manufacturing over 336
licensed pharmaceutical formulations
and has globally registered 78 of its
products viz. Afenac-p Tab, Afenac-th
Tab, finished solid oral and liquid oral
dosage forms of Betalactam and Non – Betalactam and Cephalosporin products

  • Market Cap 610 Cr.
  • Current Price 258
  • High / Low 296 / 91.2
  • Stock P/E 78.3
  • Book Value 40.6
  • Dividend Yield 0.00 %
  • ROCE 11.9 %
  • ROE 12.3 %
  • Face Value 10.0
Unsung hero
Baj Singh
Baj Singh migrated to America and gathered a large number of immigrants to join the freedom movement. He was an active member of the Ghadar Movement and faced rigorous imprisonment upon his return to India.
Unsung hero
Ligin Bomjen
In 1943, the British had banned the salt trade. Ligin and his friends smuggled salt to their village. He also served as a porter during World War II.

Pros

Cons

  • Stock is trading at 6.34 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Tax rate seems low
  • Company has a low return on equity of 9.88% over last 3 years.
  • Earnings include an other income of Rs.6.07 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

Standalone Figures in Rs. Crores / View Consolidated

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
41.95 40.68 28.44 41.40 33.29 40.32 33.19 39.06 34.62 35.47 38.29 42.24 26.58
35.66 36.67 30.51 38.51 32.08 36.53 30.13 35.95 29.55 31.19 35.24 38.69 25.69
Operating Profit 6.29 4.01 -2.07 2.89 1.21 3.79 3.06 3.11 5.07 4.28 3.05 3.55 0.89
OPM % 14.99% 9.86% -7.28% 6.98% 3.63% 9.40% 9.22% 7.96% 14.64% 12.07% 7.97% 8.40% 3.35%
1.87 0.16 0.98 0.52 0.16 1.02 0.18 -0.76 0.60 1.18 1.22 1.76 1.91
Interest 0.60 0.44 0.58 0.68 0.65 0.62 0.64 0.82 0.91 0.86 0.86 1.03 0.94
Depreciation 1.21 1.24 1.27 1.27 1.44 1.58 1.66 0.22 1.37 1.47 1.57 1.66 1.78
Profit before tax 6.35 2.49 -2.94 1.46 -0.72 2.61 0.94 1.31 3.39 3.13 1.84 2.62 0.08
Tax % -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -4.96% -0.00%
6.35 2.48 -2.94 1.46 -0.72 2.62 0.95 1.31 3.39 3.12 1.84 2.75 0.08
EPS in Rs 2.68 1.05 -1.24 0.62 -0.30 1.11 0.40 0.55 1.43 1.32 0.78 1.16 0.03
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
100 85 65 46 44 42 71 85 115 152 146 151 143
116 82 70 81 57 41 61 73 100 141 135 135 131
Operating Profit -16 3 -5 -35 -13 1 10 12 16 11 11 16 12
OPM % -16% 3.3% -8% -77% -30% 2.9% 14% 14% 14% 7% 8% 11% 8%
40 1 1 31 0 -23 1 -0 3 4 1 5 6
Interest 12 12 11 7 2 0 1 1 2 2 3 4 4
Depreciation 5 4 4 4 3 3 4 5 5 5 5 6 6
Profit before tax 6 -13 -19 -14 -18 -25 6 5 12 7 4 11 8
Tax % -0% -3% -4% 15% 8% -0% -0% -0% 2% -0% -0% -1%
6 -12 -18 -16 -20 -25 6 5 11 7 4 11 8
EPS in Rs 3.28 -6.53 -9.90 -6.95 -8.34 -106.53 2.46 2.21 4.79 3.11 1.75 4.69 3.29
Dividend Payout % -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years: 6%
5 Years: 16%
3 Years: 9%
TTM: -3%
Compounded Profit Growth
10 Years: 11%
5 Years: 14%
3 Years: 0%
TTM: -23%
Stock Price CAGR
10 Years: 25%
5 Years: 13%
3 Years: 34%
1 Year: 136%
Return on Equity
10 Years: -6%
5 Years: 11%
3 Years: 10%
Last Year: 12%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 19 19 19 24 24 2 24 24 24 24 24 24
Reserves 53 41 26 17 -3 49 33 38 50 57 61 72
64 80 82 47 46 3 15 11 23 24 28 37
50 45 40 40 54 17 14 17 33 42 40 42
Total Liabilities 185 185 167 128 121 71 86 90 130 148 153 176
49 47 43 40 37 35 36 39 40 40 59 82
CWIP -0 -0 -0 -0 -0 0 1 -0 2 12 7 3
Investments 18 18 18 1 1 -0 -0 -0 -0 -0 -0 -0
118 120 106 86 82 36 50 51 88 95 87 91
Total Assets 185 185 167 128 121 71 86 90 130 148 153 176

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
9 -3 14 -7 -1 -34 -14 10 5 9 22 15
56 -1 -8 38 4 33 -5 -7 -7 -15 -21 -22
-66 4 -5 -31 -2 7 12 -5 10 -1 1 6
Net Cash Flow -0 0 -0 0 -0 6 -7 -2 8 -6 2 -1
Free Cash Flow 2 -5 20 40 -1 -36 -20 2 -2 -6 0 -10
CFO/OP -74% -106% -263% 20% 8% -2,786% -132% 83% 32% 87% 194% 96%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 303 291 302 195 208 52 49 63 130 109 101 106
Inventory Days 66 92 118 102 122 208 154 185 129 125 127 129
Days Payable 149 169 164 265 517 229 107 113 165 149 140 139
Cash Conversion Cycle 220 214 255 31 -188 31 96 135 94 84 88 96
Working Capital Days 56 125 -36 -108 -210 89 121 123 104 92 74 74
ROCE % -13% -0% -6% -35% -21% -3% 10% 11% 16% 9% 8% 12%

Insights

In beta
Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
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Total Product Registrations
products
Number of Countries with Product Registrations
countries
Export Revenue Share
%
New Product Registrations (Annual)
products
Top Customer Concentration
%
Top Product Concentration
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

2 Recently
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
88.73% 88.42% 88.29% 88.29% 88.29% 88.29% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 8.53% 9.34% 9.34% 9.34% 9.34% 9.34%
11.27% 11.57% 11.70% 11.71% 11.70% 11.70% 16.47% 15.66% 15.66% 15.66% 15.66% 15.66%
No. of Shareholders 7,3547,3677,5397,3917,2957,2147,1427,2837,5727,1196,9287,062

* 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.

Click on the line-items to see the names of individual entities.

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