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 ₹ 7,666 Cr.
- Current Price ₹ 721
- High / Low ₹ 734 / 118
- Stock P/E 66.1
- Book Value ₹ 109
- Dividend Yield 0.21 %
- 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 6.60 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.
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 | 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: | 17% |
| 5 Years: | 46% |
| 3 Years: | 97% |
| 1 Year: | 373% |
| 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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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
- The ESOP Allotment Committee of the Company at its meeting held on today i.e. September 04, 2026 has approved the allotment of 55,250 equity shares …
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Post-Offer Advertisement
- Post-offer advertisement for Anupam Rasayan’s 26% open offer in Bliss GVS Pharma; 1,669 shares acquired.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- The Newspaper Publication regarding the extension of the Special Window for Re-Lodgement of Transfer Request of Physical Shares.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- The Newspaper Publication regarding the publication of the advertisement for the Postal Ballot Notice.
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Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
- Postal ballot seeks approval for Mr. Santosh Parab’s appointment as Non-Executive Non-Independent Director.
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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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.