Bliss GVS Pharma Ltd

AI

Bliss GVS Pharma Ltd

₹ 573 5.00%
19 Aug 4:01 p.m.
About

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.

Key Points

Change of Promoter[1] [2]
In May 2026, the company disclosed that certain promoter and non-promoter shareholders had entered into a Share Purchase Agreement with Anupam Rasayan India Ltd for the proposed acquisition of approximately 43.28% of its paid-up equity share capital for Rs. 1,369 Cr, subject to regulatory approvals and other closing conditions. The transaction also triggered a mandatory open offer for up to an additional 26% stake from public shareholders.

  • Market Cap 6,098 Cr.
  • Current Price 573
  • High / Low 574 / 118
  • Stock P/E 52.6
  • Book Value 109
  • Dividend Yield 0.26 %
  • 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 5.24 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 9.63% 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
109 171 161 164 149 183 180 156 163 190 165 212 222
98 129 133 139 122 157 154 142 131 160 138 167 170
Operating Profit 11 42 29 25 27 25 26 14 33 30 27 44 52
OPM % 10% 25% 18% 15% 18% 14% 14% 9% 20% 16% 16% 21% 23%
7 11 8 -33 7 8 12 9 11 14 8 10 9
Interest 1 1 2 2 1 3 1 1 5 3 1 2 0
Depreciation 5 6 6 6 6 6 7 7 8 8 8 8 9
Profit before tax 11 46 29 -15 26 24 30 14 31 33 25 44 51
Tax % 31% 26% 27% -25% 26% 29% 29% 20% 31% 26% 26% 27% 25%
8 34 21 -11 19 17 21 11 21 25 19 32 39
EPS in Rs 0.72 3.25 1.98 -1.09 1.85 1.62 2.00 1.09 2.00 2.35 1.76 3.06 3.64
Raw PDF

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 TTM
313 326 348 298 427 442 466 636 598 605 667 730 788
227 230 247 209 331 342 374 527 508 498 575 596 635
Operating Profit 86 97 101 88 95 100 91 109 90 107 92 134 153
OPM % 28% 30% 29% 30% 22% 23% 20% 17% 15% 18% 14% 18% 19%
21 23 9 11 33 37 18 35 51 -8 36 42 40
Interest 11 14 9 7 3 7 4 4 10 6 7 11 6
Depreciation 5 6 6 6 6 9 14 14 15 24 27 31 32
Profit before tax 91 100 95 87 120 122 91 126 116 70 94 133 154
Tax % 34% 35% 38% 34% 38% 24% 26% 27% 26% 28% 27% 27%
60 66 59 57 74 92 68 93 85 51 69 97 114
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 10.81
Dividend Payout % 12% 8% 10% 18% 14% 6% 8% 6% 6% 10% 8% 11%
Compounded Sales Growth
10 Years: 8%
5 Years: 9%
3 Years: 7%
TTM: 16%
Compounded Profit Growth
10 Years: 4%
5 Years: 8%
3 Years: 5%
TTM: 64%
Stock Price CAGR
10 Years: 16%
5 Years: 40%
3 Years: 83%
1 Year: 230%
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
Revenue from Africa (% of consolidated revenue)
% of revenue
Installed capacity - Suppositories and Pessaries
Mn units per annum
Installed capacity - Tablets
Mn units per annum
Number of countries of presence
count
R&D Expenditure (Percentage of Turnover)
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

14 Recently
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
35.06% 34.97% 34.97% 34.90% 34.82% 35.10% 35.29% 35.44% 35.39% 35.36% 35.36% 35.01%
16.31% 15.35% 14.74% 13.24% 12.13% 13.51% 13.18% 12.65% 13.27% 14.54% 10.45% 8.07%
6.61% 6.60% 6.59% 6.58% 6.56% 6.55% 6.55% 6.54% 5.98% 5.78% 5.04% 9.46%
42.00% 43.08% 43.71% 45.27% 46.49% 44.84% 44.98% 45.37% 45.36% 44.32% 49.15% 47.45%
No. of Shareholders 43,23440,75845,15744,73752,93749,55849,51746,70744,46143,38044,87446,767

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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