Balaxi Pharmaceuticals Ltd

Balaxi Pharmaceuticals Ltd

₹ 575 0.66%
25 Apr - close price
About

Balaxi Pharmaceuticals Ltd is an IPR-based pharmaceutical Company engaged in producing, stocking, selling, and supplying branded and generic medicines. [1]

Key Points

Product Portfolio
Balaxi Pharmaceuticals Limited has a rich portfolio of 610 pharmaceutical product registrations. The pharma product portfolio of the company includes Tablets (46%), Injectables(17%), Liquids (12%), Capsules (13%), and Others (12%). The pharma products are sourced from WHO-GMP certified contract manufacturers based in India, China, and Portugal. [1] [2] [3]

  • Market Cap 627 Cr.
  • Current Price 575
  • High / Low 686 / 400
  • Stock P/E 76.8
  • Book Value 95.3
  • Dividend Yield 0.00 %
  • ROCE 29.8 %
  • ROE 23.2 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 87.3% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 29.5%

Cons

  • Company has high debtors of 264 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: Trading Industry: Trading

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
20.91 22.60 29.18 33.51 17.95 20.65 26.45 28.26 23.07 30.35 25.04 16.55 12.70
16.61 18.01 24.21 28.25 14.82 16.75 22.21 24.73 19.50 24.94 21.27 15.64 12.42
Operating Profit 4.30 4.59 4.97 5.26 3.13 3.90 4.24 3.53 3.57 5.41 3.77 0.91 0.28
OPM % 20.56% 20.31% 17.03% 15.70% 17.44% 18.89% 16.03% 12.49% 15.47% 17.83% 15.06% 5.50% 2.20%
-0.22 0.04 0.99 0.23 0.45 1.07 2.57 2.50 1.34 0.18 0.13 1.15 1.03
Interest 0.00 0.00 0.00 0.01 0.02 0.02 0.20 0.02 0.01 0.23 0.26 0.36 0.41
Depreciation 0.03 0.02 0.03 0.07 0.08 0.08 0.08 0.08 0.08 0.27 0.13 0.13 0.13
Profit before tax 4.05 4.61 5.93 5.41 3.48 4.87 6.53 5.93 4.82 5.09 3.51 1.57 0.77
Tax % 25.93% 31.45% 25.30% 25.51% 22.99% 27.72% 18.38% 32.88% 26.56% 22.59% 27.35% 24.84% 36.36%
3.00 3.16 4.43 4.03 2.67 3.53 5.34 3.98 3.53 3.94 2.55 1.18 0.49
EPS in Rs 3.00 3.16 4.43 4.03 2.67 3.53 5.34 3.98 3.52 3.87 2.49 1.15 0.48
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
0.19 0.05 0.14 0.12 0.05 0.00 0.00 13.60 45.63 86.87 101.29 108.14 84.64
0.05 0.02 0.03 0.08 0.11 0.13 0.77 12.05 36.98 67.85 83.99 91.26 74.27
Operating Profit 0.14 0.03 0.11 0.04 -0.06 -0.13 -0.77 1.55 8.65 19.02 17.30 16.88 10.37
OPM % 73.68% 60.00% 78.57% 33.33% -120.00% 11.40% 18.96% 21.89% 17.08% 15.61% 12.25%
0.00 0.03 0.05 0.12 0.00 0.00 0.00 0.89 0.59 1.81 2.75 6.60 2.49
Interest 0.00 0.00 0.01 0.01 0.05 0.04 0.00 0.00 0.05 0.15 0.10 0.51 1.26
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.09 0.25 0.52 0.66
Profit before tax 0.14 0.06 0.15 0.15 -0.11 -0.17 -0.77 2.44 9.18 20.59 19.70 22.45 10.94
Tax % 14.29% 16.67% 26.67% 26.67% 36.36% 0.00% 0.00% 19.26% 29.30% 26.52% 25.53% 27.75%
0.12 0.04 0.11 0.10 -0.08 -0.17 -0.77 1.97 6.50 15.13 14.67 16.22 8.16
EPS in Rs 1.57 0.33 -0.26 -0.56 -2.53 6.48 6.50 15.13 14.67 15.93 7.99
Dividend Payout % 58.33% 175.00% 63.64% 91.20% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.41% 0.00%
Compounded Sales Growth
10 Years: 116%
5 Years: %
3 Years: 33%
TTM: -14%
Compounded Profit Growth
10 Years: 82%
5 Years: 87%
3 Years: 36%
TTM: -50%
Stock Price CAGR
10 Years: %
5 Years: 45%
3 Years: -1%
1 Year: 9%
Return on Equity
10 Years: 29%
5 Years: 31%
3 Years: 29%
Last Year: 23%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0.70 0.70 0.70 3.04 3.04 3.04 3.04 3.04 10.00 10.00 10.00 10.18 10.23
Reserves 0.08 0.05 0.08 0.18 0.11 -0.72 -1.49 0.48 18.11 33.25 47.91 71.63 87.27
0.22 0.16 0.18 0.00 0.20 0.00 0.00 0.00 0.00 3.51 1.93 12.43 20.04
0.18 0.33 0.24 0.46 0.22 0.05 0.13 2.59 9.79 22.16 22.07 35.48 24.26
Total Liabilities 1.18 1.24 1.20 3.68 3.57 2.37 1.68 6.11 37.90 68.92 81.91 129.72 141.80
0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.19 0.69 2.20 7.89 10.53
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.57 2.83 0.00
Investments 0.48 0.47 0.19 3.42 3.29 0.00 0.00 0.00 0.10 19.54 19.61 19.54 19.54
0.70 0.77 1.01 0.26 0.28 2.37 1.67 6.10 37.61 48.69 59.53 99.46 111.73
Total Assets 1.18 1.24 1.20 3.68 3.57 2.37 1.68 6.11 37.90 68.92 81.91 129.72 141.80

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.00 0.32 -0.24 0.21 -0.03 -0.13 -0.68 -1.51 -14.37 13.46 8.89 -7.07
0.33 -0.05 0.32 -3.11 0.13 2.67 -0.01 -0.01 -0.28 -20.03 -6.87 -2.29
0.20 -0.29 -0.07 2.38 -0.11 -0.24 0.00 0.00 18.10 3.49 -1.64 26.39
Net Cash Flow 0.53 -0.02 0.01 -0.52 -0.02 2.30 -0.69 -1.51 3.44 -3.08 0.38 17.03

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 0.00 219.00 756.07 30.42 0.00 146.81 249.73 202.23 187.78 264.25
Inventory Days 9.23 0.12 0.00 6.62
Days Payable 81.27 95.96 76.73
Cash Conversion Cycle 0.00 219.00 756.07 30.42 0.00 146.81 177.69 106.38 187.78 194.14
Working Capital Days -76.84 -1,825.00 573.57 -669.17 73.00 82.12 186.70 109.37 112.43 192.59
ROCE % 8.05% 6.28% 17.11% 7.66% -1.83% -4.59% -39.79% 96.25% 58.36% 55.40% 37.15% 29.80%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Apr 2024
72.86% 72.86% 72.86% 72.86% 72.86% 72.69% 71.57% 71.22% 71.22% 71.22% 66.86% 66.36%
0.00% 0.00% 0.00% 0.00% 19.00% 18.95% 18.66% 18.57% 18.57% 18.57% 17.21% 17.08%
19.48% 19.48% 19.31% 19.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.02% 0.02%
7.65% 7.64% 7.83% 8.11% 8.11% 8.33% 9.75% 10.18% 10.18% 10.18% 15.91% 16.54%
No. of Shareholders 4,1423,8713,9884,1764,8004,7304,8595,1235,0475,0455,2065,132

* 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.

Documents