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 ₹ 13,732 Cr.
- Current Price ₹ 792
- High / Low ₹ 1,028 / 453
- Stock P/E 99.3
- Book Value ₹
- Dividend Yield 0.12 %
- ROCE 57.3 %
- ROE 51.1 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
Cons
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | |
|---|---|---|
| 538 | 499 | |
| 324 | 293 | |
| Operating Profit | 214 | 206 |
| OPM % | 40% | 41% |
| 6 | 4 | |
| Interest | 7 | 5 |
| Depreciation | 18 | 20 |
| Profit before tax | 194 | 185 |
| Tax % | 25% | 26% |
| 145 | 136 | |
| EPS in Rs | 24,141.67 | 1,396.49 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -4% |
| Stock Price CAGR | |
|---|---|
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| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 52% |
| Return on Equity | |
|---|---|
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| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 51% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | |
|---|---|---|
| Equity Capital | 0.60 | 10 |
| Reserves | 201 | 330 |
| 79 | 53 | |
| 95 | 143 | |
| Total Liabilities | 375 | 536 |
| 107 | 139 | |
| CWIP | 2 | 3 |
| Investments | 34 | 37 |
| 232 | 358 | |
| Total Assets | 375 | 536 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | |
|---|---|---|
| 123 | 129 | |
| -45 | -51 | |
| -72 | -28 | |
| Net Cash Flow | 5 | 51 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | |
|---|---|---|
| Debtor Days | 80 | 105 |
| Inventory Days | 120 | 253 |
| Days Payable | 90 | 128 |
| Cash Conversion Cycle | 110 | 231 |
| Working Capital Days | 51 | 88 |
| ROCE % | 57% |
Documents
Announcements
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Announcement Under Regulation 30 - Acquisition Of Land And Investment Approval
31 Jul - Blue Jet approves 102.48-acre land acquisition and up to INR 1000 Cr capex for new manufacturing facility by FY 28-29.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
28 Jul - Q1 FY26 revenue Rs.3548mn up 118% YoY; EBITDA Rs.1210mn; ongoing capacity expansions and Rs.300cr capex planned.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
23 Jul - Newspaper publication of financial results for quarter ended June 30, 2025
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
22 Jul - Audio recording of Q1 FY2026 earnings call available on company website.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
22 Jul - Q1 FY26 revenue Rs.3,548 mn up 117.8% YoY; EBITDA margin 34.1%; PAT Rs.912 mn, up 141.3% YoY.
Concalls
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Jul 2025Transcript PPT REC
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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.