Bal Pharma Ltd
Incorporated in 1987, Bal Pharma Ltd does manufacturing and selling of pharmaceutical products and related services[1]
- Market Cap ₹ 159 Cr.
- Current Price ₹ 100
- High / Low ₹ 132 / 71.0
- Stock P/E 25.6
- Book Value ₹ 61.6
- Dividend Yield 1.00 %
- ROCE 10.2 %
- ROE 6.65 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 19.7%
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 9.27% over last 3 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
140 | 148 | 179 | 187 | 198 | 226 | 210 | 223 | 171 | 249 | 280 | 303 | 326 | |
125 | 131 | 161 | 170 | 181 | 206 | 187 | 203 | 164 | 223 | 257 | 277 | 296 | |
Operating Profit | 15 | 17 | 18 | 18 | 17 | 20 | 23 | 20 | 7 | 27 | 23 | 26 | 30 |
OPM % | 11% | 12% | 10% | 9% | 9% | 9% | 11% | 9% | 4% | 11% | 8% | 9% | 9% |
1 | 1 | 1 | 1 | 2 | 3 | 2 | 3 | 4 | 3 | 6 | 2 | 2 | |
Interest | 7 | 8 | 7 | 7 | 6 | 8 | 9 | 13 | 13 | 12 | 11 | 12 | 15 |
Depreciation | 4 | 5 | 5 | 7 | 7 | 6 | 7 | 6 | 7 | 7 | 7 | 7 | 8 |
Profit before tax | 4 | 5 | 7 | 5 | 5 | 9 | 8 | 4 | -9 | 10 | 12 | 9 | 9 |
Tax % | 14% | 16% | 23% | 23% | 46% | 38% | 30% | -53% | 2% | 7% | 29% | 28% | |
4 | 4 | 5 | 4 | 3 | 5 | 6 | 7 | -9 | 9 | 9 | 6 | 6 | |
EPS in Rs | 3.56 | 4.05 | 4.56 | 3.12 | 2.18 | 3.75 | 4.19 | 4.77 | -6.28 | 6.14 | 5.79 | 3.91 | 3.93 |
Dividend Payout % | 0% | 19% | 22% | 32% | 46% | 27% | 24% | 21% | 0% | 16% | 17% | 26% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 8% |
3 Years: | 21% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | 1% |
3 Years: | 39% |
TTM: | -9% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 7% |
3 Years: | -2% |
1 Year: | 22% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | 5% |
3 Years: | 9% |
Last Year: | 7% |
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 | 11 | 11 | 11 | 13 | 13 | 14 | 14 | 14 | 14 | 15 | 15 | 16 | 16 |
Reserves | 29 | 33 | 37 | 41 | 42 | 52 | 58 | 63 | 52 | 64 | 72 | 80 | 82 |
57 | 53 | 51 | 49 | 70 | 74 | 91 | 104 | 99 | 104 | 98 | 125 | 135 | |
44 | 53 | 56 | 61 | 69 | 78 | 88 | 76 | 74 | 78 | 104 | 126 | 139 | |
Total Liabilities | 141 | 150 | 155 | 164 | 193 | 219 | 251 | 257 | 239 | 262 | 290 | 348 | 372 |
53 | 52 | 55 | 52 | 56 | 60 | 58 | 57 | 56 | 53 | 53 | 63 | 63 | |
CWIP | 0 | 1 | 0 | 1 | 4 | 2 | 0 | 0 | 0 | 0 | 1 | 0 | 0 |
Investments | 0 | 0 | 0 | 1 | 1 | 0 | 7 | 7 | 7 | 8 | 8 | 8 | 8 |
88 | 97 | 99 | 110 | 132 | 157 | 185 | 193 | 176 | 200 | 227 | 276 | 300 | |
Total Assets | 141 | 150 | 155 | 164 | 193 | 219 | 251 | 257 | 239 | 262 | 290 | 348 | 372 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
13 | 16 | 13 | 14 | 1 | 6 | 13 | 12 | 22 | 10 | 31 | 5 | |
-2 | -4 | -7 | -6 | -14 | -8 | -16 | -12 | -3 | -7 | -13 | -22 | |
-10 | -11 | -8 | -7 | 12 | 2 | 4 | 0 | -20 | -3 | -17 | 17 | |
Net Cash Flow | 1 | 2 | -2 | 2 | -0 | 0 | 1 | -0 | -2 | 0 | -0 | 0 |
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 | 100 | 107 | 93 | 88 | 105 | 99 | 111 | 107 | 110 | 102 | 101 | 114 |
Inventory Days | 160 | 157 | 122 | 132 | 145 | 171 | 240 | 217 | 291 | 146 | 162 | 210 |
Days Payable | 128 | 150 | 129 | 142 | 163 | 168 | 183 | 148 | 170 | 118 | 158 | 195 |
Cash Conversion Cycle | 132 | 115 | 86 | 78 | 87 | 101 | 168 | 176 | 232 | 130 | 105 | 129 |
Working Capital Days | 104 | 99 | 98 | 94 | 110 | 122 | 162 | 179 | 206 | 180 | 154 | 175 |
ROCE % | 11% | 13% | 14% | 12% | 10% | 13% | 12% | 10% | 2% | 13% | 12% | 10% |
Documents
Announcements
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Disclosure Of Statement Of Deviation/Veriation
18 Apr - Disclosure of Deviation / variation in utilization of issue proceeds from the objects stated in the explanatory statement to the notice of the general meeting …
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 17 Apr
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Compliance With Regulation 40(9) Of SEBI(LODR) Regulations.
15 Apr - Compliance certificate as per Regulation 40(9) of SEBI(LODR) Regulations , for the financial year ended 31.03.2024.
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Disclosures As Per Regulation 31(4) Of SEBI(SAST) Regulations.
5 Apr - Exchange disclosures by our promoters as per Regulation 31(4) of SEBI(SAST) Regulations for the financial year ended 31.03.2024.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Apr - Confirmation as per Regulation 74(5) of SEBI (DP) Regulations for the quarter ended 31.03.2024.
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
from bse
Business Overview:[1]
BALPL is a fully integrated pharmaceuticals company specialising in Bulk Drugs, Prescription Drugs, Generics, Pharma intermediates, and Ayurvedic products. Company focuses on therapeutic areas viz. Anti-diabetes, Anti-histamine, Anti-inflammatory, Acne Treatment, Gastroenterology, Cardiology, and dermatology. Company is one of Gliclazide's largest producers and exporters, a medicine to treat type-2 diabetes.