Beta Drugs Ltd
Beta Drugs Ltd is engaged in manufacturing of a wide range of oncology (anti-cancer) drugs in India. It has operations in the domestic and export markets.[1]
- Market Cap ₹ 1,435 Cr.
- Current Price ₹ 1,416
- High / Low ₹ 2,000 / 990
- Stock P/E 100
- Book Value ₹ 148
- Dividend Yield 0.00 %
- ROCE 11.2 %
- ROE 10.3 %
- Face Value ₹ 10.0
Pros
- Company's median sales growth is 21.5% of last 10 years
Cons
- Stock is trading at 9.60 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.11.1 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.
Peer comparison
Healthcare Healthcare Pharmaceuticals & Biotechnology Pharmaceuticals
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 26 | 42 | 51 | 58 | 65 | 79 | 125 | 158 | 197 | 220 | 225 | |
| 0 | 23 | 34 | 41 | 48 | 54 | 64 | 99 | 126 | 164 | 189 | 197 | |
| Operating Profit | 0 | 3 | 7 | 9 | 10 | 12 | 15 | 25 | 31 | 34 | 31 | 29 |
| OPM % | 0% | 11% | 17% | 19% | 18% | 18% | 19% | 20% | 20% | 17% | 14% | 13% |
| 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 2 | 11 | |
| Interest | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 5 | 12 |
| Depreciation | 0 | 1 | 1 | 2 | 2 | 3 | 5 | 5 | 6 | 5 | 7 | 10 |
| Profit before tax | -0 | 1 | 5 | 7 | 7 | 9 | 10 | 20 | 25 | 29 | 21 | 18 |
| Tax % | 0% | 0% | 19% | 1% | -3% | 21% | 29% | 29% | 25% | 26% | 26% | 21% |
| -0 | 1 | 4 | 7 | 8 | 7 | 7 | 14 | 19 | 22 | 15 | 14 | |
| EPS in Rs | -1.00 | 10.27 | 38.82 | 7.43 | 8.47 | 7.03 | 6.91 | 14.11 | 18.63 | 21.72 | 15.29 | 14.14 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | 23% |
| 3 Years: | 13% |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 29% |
| 5 Years: | 15% |
| 3 Years: | -9% |
| TTM: | -24% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 38% |
| 3 Years: | 25% |
| 1 Year: | -25% |
| Return on Equity | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 17% |
| 3 Years: | 15% |
| Last Year: | 10% |
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 | 1 | 1 | 1 | 9 | 9 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 0 | 1 | 5 | 24 | 32 | 47 | 54 | 68 | 87 | 106 | 119 | 139 |
| 5 | 8 | 8 | 8 | 8 | 9 | 5 | 7 | 6 | 6 | 128 | 130 | |
| 2 | 5 | 9 | 9 | 16 | 17 | 18 | 27 | 32 | 49 | 60 | 55 | |
| Total Liabilities | 8 | 15 | 23 | 50 | 65 | 82 | 86 | 111 | 134 | 170 | 317 | 335 |
| 1 | 7 | 8 | 13 | 12 | 32 | 28 | 34 | 35 | 36 | 53 | 76 | |
| CWIP | 6 | 0 | 0 | 1 | 15 | 0 | 2 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 2 | 6 | 7 | 7 | 7 | 6 | 6 | 6 |
| 2 | 8 | 15 | 35 | 36 | 44 | 50 | 70 | 93 | 128 | 257 | 254 | |
| Total Assets | 8 | 15 | 23 | 50 | 65 | 82 | 86 | 111 | 134 | 170 | 317 | 335 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | -0 | 5 | 17 | 8 | 6 | 12 | 19 | 10 | 21 | 18 | 19 | |
| -6 | -2 | -2 | -11 | -16 | -14 | -3 | -13 | -6 | -11 | -21 | -31 | |
| 4 | 3 | -3 | 5 | -1 | 9 | -4 | 1 | -2 | -1 | 118 | -11 | |
| Net Cash Flow | 0 | 0 | 0 | 12 | -9 | 1 | 4 | 7 | 2 | 9 | 115 | -24 |
| Free Cash Flow | -4 | -3 | 3 | 9 | -7 | -1 | 8 | 9 | 3 | 15 | -6 | -13 |
| CFO/OP | -4% | 65% | 181% | 75% | 52% | 76% | 74% | 33% | 63% | 57% | 67% |
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 | 112 | 61 | 92 | 104 | 109 | 117 | 96 | 92 | 101 | 93 | 81 | 87 |
| Inventory Days | 3,115 | 69 | 37 | 38 | 76 | 64 | 65 | 44 | 60 | 71 | 84 | 94 |
| Days Payable | 5,256 | 97 | 108 | 82 | 121 | 97 | 111 | 101 | 102 | 116 | 124 | 132 |
| Cash Conversion Cycle | -2,029 | 33 | 21 | 60 | 64 | 84 | 49 | 34 | 59 | 48 | 41 | 49 |
| Working Capital Days | -758 | -19 | 17 | 50 | 62 | 65 | 81 | 63 | 83 | 72 | 68 | 74 |
| ROCE % | -3% | 22% | 49% | 29% | 18% | 17% | 16% | 27% | 28% | 27% | 16% | 11% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2025 | |
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| API Backward Integration (%) % |
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| Number of Prescribers (Cosmeceuticals) Prescribers |
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| Gross Current Assets (GCA) Days Days |
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Extracted by Screener AI
Documents
Announcements
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General Updates
25 May 2026 - Beta Drugs completed acquisition of Nivian Lifesciences; subsidiary formed, listing approval process to begin.
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Outcome of Board Meeting
25 May 2026 - Board approved allotment of 6,65,314 equity shares on 25 May 2026 against CCD conversion.
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Analysts/Institutional Investor Meet/Con. Call Updates
22 May 2026 - Beta Drugs FY26 revenue rose to ₹396 crore; acquired 66.1% Nivian for ₹69.4 crore, targets 20-25% growth.
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Copy of Newspaper Publication
16 May 2026 - Beta Drugs published audited Q4 and FY2026 financial results on 16 May 2026.
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Analysts/Institutional Investor Meet/Con. Call Updates
15 May 2026 - Beta Drugs Limited has informed about Link of Recording
Annual reports
Concalls
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May 2026Transcript PPT REC
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Nov 2025Transcript PPT REC
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May 2025Transcript PPT REC
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Nov 2024Transcript PPT
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May 2024Transcript PPT
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Nov 2023Transcript PPT
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May 2023Transcript PPT
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Nov 2022Transcript PPT
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May 2022Transcript PPT
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Dec 2021Transcript PPT
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May 2021Transcript PPT
Market Position
The company is ranked among the top 10 oncology companies, and many of its key products are ranked among the top 5 in their respective categories. [1]