Biocon Ltd

Biocon is engaged in the manufacture of biotechnology products and research services.

Pros:
Company is expected to give good quarter
Cons:
Stock is trading at 5.12 times its book value
Company has a low return on equity of 11.00% for last 3 years.
Company might be capitalizing the interest cost

Peer Comparison Sector: Pharmaceuticals // Industry: Pharmaceuticals - Indian - Bulk Drugs & Formln

Loading peers table ...

Quarterly Results Consolidated Figures in Rs. Crores / View Standalone

Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019
946 1,038 925 927 969 1,058 1,170 1,124 1,321 1,541 1,529 1,466
706 762 738 735 786 836 936 886 982 1,160 1,137 1,036
Operating Profit 240 276 188 192 182 222 233 238 339 381 392 430
OPM % 25% 27% 20% 21% 19% 21% 20% 21% 26% 25% 26% 29%
Other Income 43 48 49 58 57 40 73 69 243 44 28 24
Interest 6 9 5 16 14 15 17 18 19 19 16 17
Depreciation 68 70 72 99 94 97 95 99 112 117 120 124
Profit before tax 208 245 159 135 132 150 193 190 451 289 284 313
Tax % 20% 22% 6% 28% 32% 24% 21% 27% 16% 16% 14% 27%
Net Profit 147 171 115 81 69 92 130 120 355 217 214 206
EPS in Rs 1.25 1.45 1.08 0.69 0.59 0.78 1.10 1.02 3.00 1.84 1.81 1.74
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 TTM
1,054 1,609 2,368 1,806 2,086 2,485 2,877 3,090 3,347 3,891 4,123 5,514 5,856
780 1,287 1,892 1,284 1,569 1,942 2,190 2,424 2,687 2,912 3,294 4,121 4,316
Operating Profit 274 321 476 522 517 543 687 666 660 980 829 1,394 1,541
OPM % 26% 20% 20% 29% 25% 22% 24% 22% 20% 25% 20% 25% 26%
Other Income 369 -88 33 100 62 255 56 188 369 173 228 340 339
Interest 10 18 17 23 12 8 2 9 29 26 62 71 70
Depreciation 94 110 140 152 174 179 204 221 249 277 385 448 473
Profit before tax 539 105 351 447 392 610 538 624 751 850 610 1,215 1,337
Tax % 15% 4% 14% 16% 14% 16% 20% 15% 19% 19% 26% 17%
Net Profit 464 93 293 368 338 509 414 497 550 612 372 905 992
EPS in Rs 3.80 0.69 2.38 2.99 2.68 4.03 3.31 3.97 4.46 5.10 3.10 7.55 8.39
Dividend Payout % 11% 64% 24% 24% 30% 29% 24% 20% 18% 10% 16% 7%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:13.11%
5 Years:13.89%
3 Years:18.10%
TTM:35.57%
Compounded Profit Growth
10 Years:11.86%
5 Years:11.95%
3 Years:28.02%
TTM:141.46%
Stock Price CAGR
10 Years:19.00%
5 Years:27.41%
3 Years:17.94%
1 Year:-16.88%
Return on Equity
10 Years:12.67%
5 Years:11.02%
3 Years:11.00%
Last Year:12.86%

Balance Sheet Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
50 100 100 100 100 100 100 100 100 100 300 300
Reserves 1,434 1,411 1,658 1,933 2,172 2,595 2,927 3,171 3,992 4,738 4,881 5,798
Borrowings 255 524 514 334 271 267 864 1,117 2,478 2,302 2,264 2,425
343 514 670 1,224 1,451 1,462 1,869 2,000 1,958 2,346 2,647 3,786
Total Liabilities 2,083 2,549 2,942 3,591 3,994 4,423 5,760 6,388 8,527 9,486 10,092 12,309
931 1,212 1,338 1,316 1,270 1,510 1,525 1,630 1,748 3,626 3,700 4,471
CWIP 138 172 76 262 390 312 1,206 1,677 2,240 839 1,303 1,899
Investments 475 368 431 460 556 587 765 230 902 1,253 675 1,012
538 797 1,098 1,552 1,778 2,014 2,264 2,851 3,637 3,768 4,415 4,927
Total Assets 2,083 2,549 2,942 3,591 3,994 4,423 5,760 6,388 8,527 9,486 10,092 12,309

Cash Flows Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
318 97 444 798 594 471 561 211 371 640 662 1,155
-340 -232 -227 -305 -398 -358 -904 -491 -1,138 -510 -684 -703
23 137 -85 -275 -186 -9 426 186 1,068 -178 -240 -242
Net Cash Flow 1 2 131 219 10 105 83 -94 300 -47 -261 210

Ratios Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
ROCE % 16% 15% 17% 20% 16% 15% 16% 13% 9% 13% 8% 13%
Debtor Days 90 83 69 100 86 75 76 91 78 83 94 86
Inventory Turnover 6.20 6.46 6.86 4.60 5.27 6.40 7.43 7.45 6.73 6.61 6.07 6.29