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 ₹ 1,807 Cr.
- Current Price ₹ 1,790
- High / Low ₹ 2,215 / 1,048
- Stock P/E 39.5
- Book Value ₹ 195
- Dividend Yield 0.00 %
- ROCE 27.3 %
- ROE 25.8 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 37.1% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.6%
Cons
- Stock is trading at 9.17 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
51 | 66 | 91 | 116 | 184 | 227 | 296 | 362 | |
41 | 54 | 73 | 91 | 141 | 174 | 236 | 288 | |
Operating Profit | 9 | 12 | 18 | 25 | 43 | 53 | 60 | 75 |
OPM % | 19% | 18% | 20% | 21% | 23% | 23% | 20% | 21% |
0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | |
Interest | 1 | 1 | 3 | 2 | 2 | 2 | 3 | 7 |
Depreciation | 2 | 3 | 4 | 7 | 7 | 10 | 10 | 13 |
Profit before tax | 7 | 8 | 12 | 16 | 34 | 41 | 49 | 57 |
Tax % | 1% | -2% | 21% | 27% | 28% | 25% | 25% | 26% |
7 | 8 | 9 | 12 | 25 | 31 | 36 | 42 | |
EPS in Rs | 7.43 | 8.84 | 9.33 | 11.60 | 24.58 | 30.42 | 36.08 | 42.02 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 32% |
3 Years: | 25% |
TTM: | 23% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 37% |
3 Years: | 23% |
TTM: | 26% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 110% |
3 Years: | 27% |
1 Year: | 50% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 26% |
3 Years: | 27% |
Last Year: | 26% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 9 | 9 | 10 | 10 | 10 | 10 | 10 | 10 |
Reserves | 24 | 32 | 48 | 59 | 83 | 113 | 148 | 187 |
8 | 20 | 23 | 17 | 21 | 20 | 15 | 133 | |
9 | 22 | 28 | 31 | 45 | 55 | 82 | 106 | |
Total Liabilities | 50 | 83 | 107 | 118 | 158 | 198 | 254 | 436 |
13 | 18 | 44 | 40 | 55 | 63 | 65 | 89 | |
CWIP | 1 | 15 | 0 | 3 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 0 |
35 | 50 | 63 | 74 | 102 | 135 | 190 | 347 | |
Total Assets | 50 | 83 | 107 | 118 | 158 | 198 | 254 | 436 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
17 | 0 | 8 | 19 | 30 | 23 | 31 | 36 | |
-11 | -21 | -15 | -6 | -22 | -19 | -14 | -36 | |
5 | 12 | 9 | -8 | -1 | -2 | -7 | 118 | |
Net Cash Flow | 12 | -9 | 2 | 5 | 7 | 2 | 9 | 118 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 104 | 139 | 128 | 106 | 90 | 101 | 98 | 103 |
Inventory Days | 37 | 104 | 102 | 100 | 87 | 106 | 122 | 127 |
Days Payable | 81 | 143 | 119 | 127 | 123 | 139 | 145 | 152 |
Cash Conversion Cycle | 60 | 100 | 111 | 79 | 53 | 68 | 75 | 79 |
Working Capital Days | 75 | 100 | 95 | 88 | 70 | 88 | 86 | 88 |
ROCE % | 18% | 21% | 22% | 36% | 34% | 33% | 27% |
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
16 May 2025 - Audio recording link of analysts call on FY25 financial results approved May 15, 2025.
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Analysts/Institutional Investor Meet/Con. Call Updates
15 May 2025 - FY25 revenue ₹362Cr, 23% growth; Domestic oncology ₹100Cr+; 46+ countries presence; strong margins.
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Monitoring Agency Report
15 May 2025 - Monitoring report confirms ₹117 Cr preferential issue proceeds utilized as per offer document, no deviations.
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Statement of deviation(s) or variation(s) under Reg. 32
15 May 2025 - No deviation in use of preferential issue proceeds for facility upgrades, R&D, expansion, and capex as of Mar 31, 2025.
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Outcome of Board Meeting
15 May 2025 - Beta Drugs reports 24% revenue growth to Rs 368.8 Cr, net profit Rs 42.41 Cr, COFEPRIS API approval, aims to double revenues by FY28.
Annual reports
Concalls
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May 2025TranscriptNotesPPT 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]