Blue Jet Healthcare Ltd
Incorporated in 1968, Blue Jet Healthcare (earlier called Jet Chemicals Pvt Ltd) is a pharmaceutical and healthcare ingredient & intermediate company and the first manufacturer of saccharin and its salts (artificial sweeteners) in India.[1]
- Market Cap ₹ 13,975 Cr.
- Current Price ₹ 806
- High / Low ₹ 969 / 347
- Stock P/E 45.8
- Book Value ₹ 65.3
- Dividend Yield 0.13 %
- ROCE 40.6 %
- ROE 30.8 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.0%
Cons
- Stock is trading at 12.2 times its book value
- Working capital days have increased from 146 days to 225 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
Sector: Pharmaceuticals Industry: Pharmaceuticals - Indian - Bulk Drugs & Formln
Part of BSE Healthcare BSE SmallCap BSE Allcap Nifty Microcap 250 Nifty Total Market
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
538 | 499 | 683 | 721 | 712 | 1,030 | |
325 | 292 | 434 | 502 | 482 | 652 | |
Operating Profit | 214 | 207 | 249 | 219 | 229 | 378 |
OPM % | 40% | 41% | 36% | 30% | 32% | 37% |
6 | 9 | 19 | 24 | 19 | 46 | |
Interest | 7 | 5 | 3 | 1 | 0 | 0 |
Depreciation | 18 | 20 | 22 | 25 | 28 | 18 |
Profit before tax | 194 | 190 | 243 | 217 | 220 | 406 |
Tax % | 25% | 26% | 25% | 26% | 26% | 25% |
145 | 142 | 182 | 160 | 164 | 305 | |
EPS in Rs | 24,118.33 | 1,428.57 | 10.47 | 9.23 | 9.44 | 17.59 |
Dividend Payout % | 0% | 0% | 0% | 0% | 11% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 15% |
TTM: | 45% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 16% |
3 Years: | 19% |
TTM: | 78% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 113% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 31% |
3 Years: | 27% |
Last Year: | 31% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Equity Capital | 0.60 | 10 | 35 | 35 | 35 | 35 |
Reserves | 198 | 330 | 487 | 647 | 811 | 1,098 |
74 | 53 | 19 | 5 | 3 | 20 | |
92 | 143 | 173 | 176 | 211 | 264 | |
Total Liabilities | 364 | 536 | 713 | 862 | 1,059 | 1,418 |
107 | 0 | 156 | 151 | 172 | 301 | |
CWIP | 2 | 3 | 3 | 30 | 147 | 89 |
Investments | 26 | 37 | 94 | 189 | 250 | 187 |
229 | 497 | 460 | 491 | 489 | 841 | |
Total Assets | 364 | 536 | 713 | 862 | 1,059 | 1,418 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
122 | 137 | 146 | 142 | 241 | 46 | |
-45 | -61 | -76 | -147 | -264 | -35 | |
-72 | -21 | -56 | -4 | -2 | -19 | |
Net Cash Flow | 5 | 55 | 14 | -10 | -24 | -8 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Debtor Days | 80 | 105 | 121 | 121 | 91 | 124 |
Inventory Days | 120 | 201 | 133 | 137 | 151 | 209 |
Days Payable | 90 | 101 | 72 | 58 | 35 | 70 |
Cash Conversion Cycle | 110 | 204 | 183 | 199 | 206 | 262 |
Working Capital Days | 64 | 105 | 105 | 121 | 93 | 225 |
ROCE % | 58% | 52% | 35% | 30% | 41% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
17 May - Transcript of Earnings call with Analyst/ Investors on Financial Results for the quarter and financial year ended March 31, 2025
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Announcement under Regulation 30 (LODR)-Newspaper Publication
16 May - Newspaper Advertisement confirming dispatch of the Postal Ballot Notice
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Notice Of Postal Ballot
15 May - Blue Jet Healthcare proposes raising up to ₹15,000 million via equity and securities through postal ballot.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 May - Newspaper publication of financial result for the quarter and year ended March 31, 2025
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
14 May - Audio recording of Q4 and FY 2025 earnings call available on company website.
Concalls
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May 2025Transcript PPT
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
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Oct 2024TranscriptNotesPPT
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Aug 2024Transcript PPT
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May 2024Transcript PPT
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Feb 2024Transcript PPT REC
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Nov 2023Transcript PPT
Product Portfolio
A) Contrast Media Intermediates (67.7% of FY24 revenue)[1]
Contrast media are chemical agents that enhance imaging clarity for diagnostic purposes, making tissues more visible under X-rays, CT scans, MRIs, and ultrasounds. The company supplies critical starting and advanced intermediates to the world's top contrast media manufacturers.