Biocon Ltd

About [ edit ]

Biocon is engaged in the business of manufacture of biotechnology products and research services.(Source : 202003-01 Annual Report Page No:195)

Key Points [ edit ]
  • Market Cap 46,679 Cr.
  • Current Price 389
  • High / Low 488 / 325
  • Stock P/E 63.8
  • Book Value 63.5
  • Dividend Yield 0.00 %
  • ROCE 10.7 %
  • ROE 10.2 %
  • Face Value 5.00

Pros

Cons

  • Stock is trading at 6.12 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 11.31% for last 3 years.
  • Company might be capitalizing the interest cost
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
1,124 1,321 1,541 1,529 1,459 1,567 1,748 1,558 1,671 1,745 1,851 1,839
886 982 1,160 1,137 1,029 1,174 1,307 1,247 1,262 1,358 1,452 1,473
Operating Profit 238 339 381 392 430 393 441 310 410 386 399 366
OPM % 21% 26% 25% 26% 29% 25% 25% 20% 25% 22% 22% 20%
Other Income 69 243 44 28 24 106 36 63 18 16 28 218
Interest 18 19 19 16 17 14 18 17 12 6 5 34
Depreciation 99 112 117 120 124 132 144 152 167 178 186 184
Profit before tax 190 451 289 284 313 354 315 204 249 218 236 366
Tax % 27% 16% 16% 14% 27% 28% 27% 22% 33% 10% 21% 19%
Net Profit 120 355 217 214 206 216 203 123 149 169 169 253
EPS in Rs 1.00 2.96 1.81 1.78 1.72 1.80 1.69 1.03 1.24 1.41 1.40 2.11

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
2,368 1,806 2,086 2,485 2,877 3,090 3,347 3,891 4,123 5,514 6,367 7,106
1,892 1,284 1,569 1,942 2,190 2,424 2,687 2,912 3,294 4,121 4,793 5,532
Operating Profit 476 522 517 543 687 666 660 980 829 1,394 1,574 1,573
OPM % 20% 29% 25% 22% 24% 22% 20% 25% 20% 25% 25% 22%
Other Income 33 100 62 255 56 188 369 173 228 340 229 267
Interest 17 23 12 8 2 9 29 26 62 71 65 58
Depreciation 140 152 174 179 204 221 249 277 385 448 552 715
Profit before tax 351 447 392 610 538 624 751 850 610 1,215 1,186 1,068
Tax % 14% 16% 14% 16% 20% 15% 19% 19% 26% 17% 27% 21%
Net Profit 293 368 338 509 414 497 550 612 372 905 748 740
EPS in Rs 2.44 3.06 2.82 4.24 3.45 4.14 4.59 5.10 3.10 7.54 6.24 6.17
Dividend Payout % 24% 24% 30% 29% 24% 20% 18% 10% 16% 7% 0% 0%
Compounded Sales Growth
10 Years:15%
5 Years:16%
3 Years:20%
TTM:12%
Compounded Profit Growth
10 Years:7%
5 Years:15%
3 Years:30%
TTM:5%
Stock Price CAGR
10 Years:21%
5 Years:30%
3 Years:7%
1 Year:18%
Return on Equity
10 Years:12%
5 Years:11%
3 Years:11%
Last Year:10%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
100 100 100 100 100 100 100 100 300 300 600 600
Reserves 1,658 1,933 2,172 2,595 2,927 3,171 3,934 4,738 4,881 5,798 6,106 7,027
Borrowings 514 334 271 267 864 1,117 2,478 2,302 2,264 2,422 2,708 3,678
665 1,219 1,402 1,454 1,860 1,988 1,947 2,254 2,545 3,672 5,000 7,217
Total Liabilities 2,936 3,586 3,945 4,416 5,751 6,375 8,458 9,394 9,990 12,192 14,414 18,522
1,338 1,316 1,270 1,510 1,525 1,630 1,748 3,626 3,700 4,471 5,971 6,911
CWIP 76 262 390 312 1,206 1,677 2,240 839 1,303 1,899 2,196 2,254
Investments 431 460 556 587 765 230 902 1,253 675 1,012 966 1,952
1,092 1,547 1,729 2,007 2,255 2,839 3,569 3,676 4,312 4,811 5,281 7,406
Total Assets 2,936 3,586 3,945 4,416 5,751 6,375 8,458 9,394 9,990 12,192 14,414 18,522

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
444 798 594 471 561 211 371 640 662 1,155 1,283 1,160
-227 -305 -398 -358 -904 -491 -1,138 -510 -684 -703 -1,505 -3,625
-85 -275 -186 -9 426 186 1,068 -178 -240 -242 388 2,564
Net Cash Flow 131 219 10 105 83 -94 300 -47 -261 210 165 99

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
ROCE % 17% 20% 16% 15% 16% 13% 9% 13% 8% 13% 13% 11%
Debtor Days 69 100 86 75 76 91 78 83 94 86 70 63
Inventory Turnover 4.07 2.06 2.40 3.06 3.48 3.46 2.96 2.72 2.69 2.44 1.86 1.34

Shareholding Pattern

Numbers in percentages

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
60.67 60.67 60.67 60.67 60.67 60.67 60.67 60.67 60.67 60.67 60.67 60.67
16.45 17.20 17.94 17.90 16.43 15.75 16.09 14.98 15.93 16.69 17.65 16.30
4.70 4.74 4.13 4.38 4.29 5.01 5.55 7.32 7.18 6.29 6.03 7.14
16.69 16.06 15.97 15.62 17.27 17.25 16.43 15.80 15.08 15.33 14.67 14.96
1.49 1.32 1.29 1.43 1.34 1.33 1.27 1.23 1.13 1.02 0.98 0.93

Documents