Bliss GVS Pharma Ltd
Incorporated in 1984, Bliss GVS Pharma Limited is engaged in manufacturing, marketing, trading and export of pharmaceutical formulations in the form of suppositories, pessaries, capsules, tablets, and syrups.
- Market Cap ₹ 5,128 Cr.
- Current Price ₹ 484
- High / Low ₹ 553 / 118
- Stock P/E 52.3
- Book Value ₹ 109
- Dividend Yield 0.31 %
- ROCE 12.8 %
- ROE 8.86 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 4.43 times its book value
- The company has delivered a poor sales growth of 9.41% over past five years.
- Company has a low return on equity of 7.87% over last 3 years.
- Dividend payout has been low at 7.81% of profits over last 3 years
- Company has high debtors of 229 days.
* 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
Part of BSE Healthcare
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 313 | 326 | 348 | 298 | 427 | 442 | 466 | 636 | 598 | 605 | 667 | 730 | |
| 227 | 230 | 247 | 209 | 331 | 342 | 374 | 527 | 508 | 498 | 575 | 596 | |
| Operating Profit | 86 | 97 | 101 | 88 | 95 | 100 | 91 | 109 | 90 | 107 | 92 | 134 |
| OPM % | 28% | 30% | 29% | 30% | 22% | 23% | 20% | 17% | 15% | 18% | 14% | 18% |
| 21 | 23 | 9 | 11 | 33 | 37 | 18 | 35 | 51 | -8 | 36 | 42 | |
| Interest | 11 | 14 | 9 | 7 | 3 | 7 | 4 | 4 | 10 | 6 | 7 | 11 |
| Depreciation | 5 | 6 | 6 | 6 | 6 | 9 | 14 | 14 | 15 | 24 | 27 | 31 |
| Profit before tax | 91 | 100 | 95 | 87 | 120 | 122 | 91 | 126 | 116 | 70 | 94 | 133 |
| Tax % | 34% | 35% | 38% | 34% | 38% | 24% | 26% | 27% | 26% | 28% | 27% | 27% |
| 60 | 66 | 59 | 57 | 74 | 92 | 68 | 93 | 85 | 51 | 69 | 97 | |
| EPS in Rs | 5.82 | 6.36 | 5.73 | 5.53 | 7.22 | 8.95 | 6.54 | 8.94 | 8.21 | 4.84 | 6.55 | 9.16 |
| Dividend Payout % | 12% | 8% | 10% | 18% | 14% | 6% | 8% | 6% | 6% | 10% | 8% | 5% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 9% |
| 3 Years: | 7% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 8% |
| 3 Years: | 5% |
| TTM: | 42% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 34% |
| 3 Years: | 71% |
| 1 Year: | 201% |
| Return on Equity | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 9% |
| 3 Years: | 8% |
| Last Year: | 9% |
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 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 11 | 11 |
| Reserves | 358 | 422 | 481 | 531 | 593 | 673 | 745 | 841 | 927 | 978 | 1,048 | 1,145 |
| 90 | 81 | 75 | 94 | 72 | 93 | 92 | 90 | 81 | 78 | 68 | 13 | |
| 97 | 71 | 99 | 59 | 61 | 79 | 98 | 139 | 122 | 84 | 94 | 176 | |
| Total Liabilities | 555 | 585 | 666 | 694 | 736 | 855 | 946 | 1,080 | 1,140 | 1,150 | 1,220 | 1,344 |
| 82 | 79 | 76 | 73 | 79 | 180 | 175 | 225 | 326 | 331 | 369 | 420 | |
| CWIP | 0 | 2 | 2 | 0 | 43 | 0 | 2 | 22 | 3 | 8 | 21 | 4 |
| Investments | 19 | 21 | 21 | 18 | 18 | 18 | 18 | 18 | 18 | 19 | 19 | 19 |
| 454 | 483 | 567 | 602 | 596 | 657 | 750 | 815 | 793 | 793 | 812 | 901 | |
| Total Assets | 555 | 585 | 666 | 694 | 736 | 855 | 946 | 1,080 | 1,140 | 1,150 | 1,220 | 1,344 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 15 | 60 | 38 | 23 | 48 | 63 | 67 | 114 | 44 | 82 | 97 | 123 | |
| -19 | -15 | -29 | 16 | -68 | -60 | -62 | -92 | -13 | -66 | -78 | -51 | |
| -31 | -35 | -15 | -22 | 9 | -6 | -12 | -13 | -26 | -21 | -27 | -75 | |
| Net Cash Flow | -35 | 10 | -6 | 17 | -11 | -3 | -6 | 9 | 5 | -4 | -7 | -4 |
| Free Cash Flow | -13 | 54 | 36 | 5 | -10 | -4 | 59 | 41 | -50 | 44 | 30 | 64 |
| CFO/OP | 64% | 82% | 75% | 66% | 102% | 95% | 98% | 132% | 90% | 104% | 139% | 121% |
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 | 246 | 280 | 251 | 346 | 293 | 334 | 273 | 234 | 243 | 241 | 235 | 229 |
| Inventory Days | 58 | 59 | 61 | 100 | 89 | 93 | 121 | 96 | 86 | 109 | 86 | 118 |
| Days Payable | 130 | 94 | 139 | 88 | 50 | 86 | 96 | 89 | 88 | 66 | 64 | 103 |
| Cash Conversion Cycle | 173 | 245 | 173 | 357 | 332 | 342 | 298 | 241 | 241 | 283 | 257 | 244 |
| Working Capital Days | 183 | 207 | 335 | 452 | 336 | 401 | 322 | 258 | 300 | 294 | 257 | 274 |
| ROCE % | 24% | 23% | 19% | 15% | 19% | 18% | 12% | 14% | 13% | 11% | 9% | 13% |
Insights
In beta| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Number of branded formulations count |
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| Number of manufacturing units count |
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| Revenue from Africa (% of consolidated revenue) % of revenue |
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| Installed capacity - Suppositories and Pessaries Mn units per annum |
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| Installed capacity - Tablets Mn units per annum |
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| Number of countries of presence count |
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| R&D Expenditure (Percentage of Turnover) % |
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Extracted by Screener AI
Documents
Announcements
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Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
2d - 41st AGM voting results घोषित; ₹1 final dividend approved; Managing Director & CEO reappointed.
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Proceedings Of 41St Annual General Meeting Of Bliss GVS Pharma Limited
2d - 41st AGM held July 15, 2026; 100% final dividend approved, financials adopted, and MD reappointed.
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Contact Details Of Kmps For Reporting Of Material Events To Stock Exchanges
2d - Bliss GVS Pharma updated KMP contact details for material event disclosures under Regulation 30(5).
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
7 Jul - The ESOP Allotment Committee of the Company at its meeting held today i.e. July 07, 2026 has approved the allotment of 1,87,750 equity shares of …
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Announcement under Regulation 30 (LODR)-Change in Management
3 Jul - Board appointed Santosh Parab as additional director; Rahul Adakmol becomes CEO from July 15, 2026; Narsimha Kamath steps aside as CEO.
Annual reports
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Financial Year 2026
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Financial Year 2025
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Financial Year 2024
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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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Product Portfolio:
The company manufactures, markets, and exports over 150 branded formulations across 60+ therapeutic segments, including anti-malarial, anti-fungal, anti-bacterial, antibiotic, anti-inflammatory, contraceptive, and anti-diabetic. It sells these formulations as suppositories, pessaries, capsules, tablets, and syrups. Its portfolio includes over 150 brands such as P-Alaxin, Lonart, Funbact, and Lofnac. [1] [2]