Bal Pharma Ltd
Incorporated in 1987, Bal Pharma Ltd does manufacturing and selling of pharmaceutical products and related services[1]
- Market Cap ₹ 144 Cr.
- Current Price ₹ 91.2
- High / Low ₹ 132 / 64.6
- Stock P/E 41.4
- Book Value ₹ 40.0
- Dividend Yield 1.10 %
- ROCE 9.56 %
- ROE 4.20 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 39.6%
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -0.38%
- Company has a low return on equity of 7.22% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2010 | Mar 2011 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
106 | 114 | 179 | 187 | 198 | 229 | 211 | 225 | 171 | 251 | 281 | 304 | 327 | |
103 | 104 | 161 | 170 | 183 | 214 | 194 | 207 | 166 | 226 | 257 | 279 | 297 | |
Operating Profit | 3 | 10 | 18 | 17 | 15 | 15 | 17 | 18 | 5 | 25 | 24 | 25 | 30 |
OPM % | 3% | 9% | 10% | 9% | 7% | 6% | 8% | 8% | 3% | 10% | 9% | 8% | 9% |
5 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 2 | 1 | 5 | 1 | 1 | |
Interest | 6 | 7 | 7 | 7 | 6 | 8 | 9 | 13 | 13 | 12 | 11 | 12 | 15 |
Depreciation | 3 | 3 | 5 | 7 | 7 | 6 | 7 | 6 | 8 | 10 | 9 | 9 | 10 |
Profit before tax | -1 | 1 | 7 | 5 | 3 | 3 | 3 | -0 | -14 | 4 | 9 | 5 | 6 |
Tax % | -57% | 60% | 23% | 25% | 90% | 114% | 87% | 1,175% | 5% | -15% | 38% | 45% | |
-1 | 0 | 5 | 4 | 1 | -0 | 0 | 2 | -13 | 5 | 6 | 3 | 4 | |
EPS in Rs | -1.36 | 0.39 | 4.56 | 2.82 | 1.10 | 1.24 | 1.96 | 2.67 | -8.62 | 3.20 | 3.78 | 1.64 | 2.24 |
Dividend Payout % | 0% | 0% | 22% | 35% | 91% | 81% | 51% | 37% | 0% | 31% | 26% | 61% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 21% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 47% |
3 Years: | 30% |
TTM: | 19% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 5% |
3 Years: | 19% |
1 Year: | 42% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 1% |
3 Years: | 7% |
Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2010 | Mar 2011 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 10 | 10 | 11 | 13 | 13 | 14 | 14 | 14 | 14 | 15 | 15 | 16 | 16 |
Reserves | 25 | 26 | 37 | 40 | 40 | 48 | 51 | 52 | 38 | 39 | 43 | 48 | 48 |
54 | 58 | 51 | 49 | 89 | 93 | 110 | 124 | 118 | 110 | 104 | 131 | 141 | |
34 | 41 | 56 | 61 | 69 | 78 | 86 | 71 | 68 | 76 | 99 | 116 | 126 | |
Total Liabilities | 124 | 135 | 155 | 164 | 211 | 233 | 260 | 261 | 238 | 240 | 261 | 311 | 330 |
50 | 48 | 55 | 52 | 56 | 60 | 71 | 70 | 71 | 69 | 67 | 76 | 76 | |
CWIP | 0 | 0 | 0 | 1 | 4 | 2 | 0 | 4 | 3 | 0 | 2 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
74 | 87 | 99 | 111 | 151 | 172 | 188 | 187 | 164 | 172 | 192 | 235 | 254 | |
Total Assets | 124 | 135 | 155 | 164 | 211 | 233 | 260 | 261 | 238 | 240 | 261 | 311 | 330 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2010 | Mar 2011 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-5 | 5 | 13 | 15 | -19 | 6 | 1 | 8 | 23 | 22 | 27 | -2 | |
5 | -2 | -7 | -5 | -14 | -8 | -4 | -8 | -5 | -6 | -9 | -22 | |
1 | -2 | -8 | -7 | 32 | -6 | 4 | 0 | -20 | -17 | -17 | 24 | |
Net Cash Flow | 0 | 1 | -2 | 2 | -1 | -8 | 1 | -0 | -2 | 0 | 0 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2010 | Mar 2011 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 110 | 118 | 93 | 88 | 105 | 99 | 111 | 105 | 106 | 98 | 98 | 113 |
Inventory Days | 174 | 191 | 122 | 132 | 145 | 172 | 240 | 217 | 292 | 146 | 162 | 207 |
Days Payable | 129 | 157 | 129 | 142 | 163 | 171 | 182 | 147 | 167 | 114 | 143 | 167 |
Cash Conversion Cycle | 155 | 153 | 86 | 78 | 87 | 100 | 168 | 175 | 231 | 130 | 117 | 153 |
Working Capital Days | 137 | 141 | 98 | 92 | 142 | 140 | 163 | 166 | 180 | 129 | 109 | 134 |
ROCE % | 4% | 8% | 11% | 7% | 8% | 8% | 7% | -0% | 10% | 12% | 10% |
Documents
Announcements
- Closure of Trading Window 22 Mar
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Feb - Exchanges copies of the newspaper advertisements of abridged standalone and consolidated financial results of the Company for the quarter and nine months ended 31.12.2023, announced …
- Board Meeting Outcome for Unaudited Financial Results For The Quarter And 9 Months Ended 31.12.2023. 12 Feb
- Unaudited Financial Results For The Quarter Ended 31.12.2023. 12 Feb
- Board Meeting Intimation for 1)Approval Of Un-Audited Financial Results Of The Company For The Quarter Ended 31.12.2023. 2)To Consider Investing Additional Capital In Expanding Its Manufacturing Presence , Through A Green Field Project. 25 Jan
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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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.