Cipla Ltd
Cipla is engaged in the Business of Pharmaceuticals.(Source : 202003 Annual Report Page No:157)
- Market Cap ₹ 1,09,165 Cr.
- Current Price ₹ 1,353
- High / Low ₹ 1,519 / 891
- Stock P/E 27.6
- Book Value ₹ 307
- Dividend Yield 0.63 %
- ROCE 18.0 %
- ROE 12.8 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 19.1%
Cons
- The company has delivered a poor sales growth of 8.47% over past five years.
- Company has a low return on equity of 13.2% over last 3 years.
- Promoter holding has decreased over last 3 years: -3.23%
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
7,021 | 8,279 | 10,173 | 11,345 | 13,790 | 14,394 | 15,156 | 16,362 | 17,132 | 19,160 | 21,763 | 22,753 | 25,350 | |
5,325 | 6,065 | 8,026 | 9,183 | 11,310 | 11,898 | 12,329 | 13,265 | 13,926 | 14,907 | 17,211 | 17,726 | 19,201 | |
Operating Profit | 1,696 | 2,214 | 2,147 | 2,163 | 2,480 | 2,496 | 2,826 | 3,097 | 3,206 | 4,252 | 4,553 | 5,027 | 6,149 |
OPM % | 24% | 27% | 21% | 19% | 18% | 17% | 19% | 19% | 19% | 22% | 21% | 22% | 24% |
103 | 245 | 251 | 164 | 208 | 208 | 280 | 477 | 344 | 266 | 99 | 293 | 255 | |
Interest | 38 | 34 | 146 | 168 | 207 | 159 | 114 | 168 | 197 | 161 | 106 | 110 | 107 |
Depreciation | 312 | 330 | 373 | 505 | 754 | 1,323 | 1,323 | 1,326 | 1,175 | 1,068 | 1,052 | 1,172 | 1,109 |
Profit before tax | 1,448 | 2,095 | 1,880 | 1,654 | 1,727 | 1,222 | 1,669 | 2,079 | 2,178 | 3,290 | 3,493 | 4,038 | 5,188 |
Tax % | 21% | 26% | 25% | 24% | 19% | 15% | 15% | 27% | 29% | 27% | 27% | 30% | |
1,144 | 1,545 | 1,404 | 1,229 | 1,383 | 1,035 | 1,417 | 1,492 | 1,500 | 2,389 | 2,547 | 2,833 | 3,743 | |
EPS in Rs | 14.25 | 19.24 | 17.29 | 14.71 | 16.93 | 12.51 | 17.52 | 18.96 | 19.18 | 29.82 | 31.19 | 34.71 | 45.93 |
Dividend Payout % | 14% | 10% | 12% | 14% | 12% | 16% | 17% | 16% | 21% | 17% | 16% | 24% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 8% |
3 Years: | 10% |
TTM: | 14% |
Compounded Profit Growth | |
---|---|
10 Years: | 6% |
5 Years: | 16% |
3 Years: | 26% |
TTM: | 48% |
Stock Price CAGR | |
---|---|
10 Years: | 13% |
5 Years: | 20% |
3 Years: | 13% |
1 Year: | 51% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 12% |
3 Years: | 13% |
Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 161 | 161 | 161 | 161 | 161 | 161 | 161 | 161 | 161 | 161 | 161 | 161 | 161 |
Reserves | 7,478 | 8,858 | 9,890 | 10,641 | 11,356 | 12,383 | 14,068 | 14,851 | 15,602 | 18,165 | 20,680 | 23,246 | 24,664 |
29 | 967 | 1,248 | 1,703 | 5,202 | 4,113 | 4,098 | 4,316 | 2,816 | 2,014 | 1,056 | 803 | 961 | |
1,682 | 1,672 | 2,102 | 3,166 | 4,331 | 4,213 | 4,346 | 4,433 | 4,843 | 4,514 | 4,960 | 5,089 | 5,591 | |
Total Liabilities | 9,350 | 11,658 | 13,400 | 15,670 | 21,049 | 20,869 | 22,673 | 23,762 | 23,423 | 24,855 | 26,857 | 29,300 | 31,377 |
3,215 | 3,610 | 6,496 | 6,830 | 9,368 | 9,492 | 9,950 | 9,608 | 9,683 | 9,516 | 9,683 | 9,160 | 9,397 | |
CWIP | 371 | 378 | 442 | 581 | 2,061 | 1,683 | 981 | 676 | 825 | 969 | 766 | 1,093 | 791 |
Investments | 1,269 | 2,532 | 709 | 640 | 759 | 973 | 1,259 | 2,554 | 1,471 | 2,710 | 2,551 | 3,662 | 4,272 |
4,494 | 5,138 | 5,753 | 7,620 | 8,862 | 8,721 | 10,483 | 10,923 | 11,444 | 11,661 | 13,857 | 15,384 | 16,917 | |
Total Assets | 9,350 | 11,658 | 13,400 | 15,670 | 21,049 | 20,869 | 22,673 | 23,762 | 23,423 | 24,855 | 26,857 | 29,300 | 31,377 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,713 | 1,398 | 1,563 | 1,173 | 1,741 | 2,382 | 1,463 | 1,691 | 3,068 | 3,755 | 3,326 | 3,238 | |
-965 | -2,063 | -1,265 | -950 | -4,533 | -1,304 | -834 | -1,688 | 114 | -2,374 | -1,858 | -2,376 | |
-753 | 718 | -266 | 165 | 3,104 | -1,326 | -385 | -349 | -2,949 | -1,240 | -1,600 | -958 | |
Net Cash Flow | -6 | 53 | 33 | 388 | 312 | -248 | 243 | -345 | 234 | 141 | -132 | -97 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 81 | 74 | 59 | 64 | 62 | 65 | 75 | 93 | 83 | 66 | 57 | 65 |
Inventory Days | 247 | 295 | 273 | 329 | 273 | 239 | 271 | 250 | 267 | 232 | 230 | 228 |
Days Payable | 92 | 102 | 92 | 126 | 106 | 108 | 142 | 123 | 139 | 103 | 108 | 109 |
Cash Conversion Cycle | 235 | 266 | 239 | 267 | 230 | 196 | 204 | 220 | 211 | 195 | 180 | 184 |
Working Capital Days | 136 | 142 | 126 | 133 | 121 | 111 | 129 | 143 | 122 | 106 | 103 | 122 |
ROCE % | 20% | 24% | 19% | 15% | 13% | 7% | 9% | 11% | 12% | 17% | 17% | 18% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 18h
- Compliance Certificate Under Regulation 7(3) Of The SEBI (Listing Obligation And Disclosure Requirements) Regulation, 2015 20h
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 20h
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
2d - The Operations and Administrative Committee of the Company on 15th April 2024 has allotted 27,906 fully paid-up equity shares of INR 2 each, pursuant to …
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Announcement under Regulation 30 (LODR)-Acquisition
2d - Acquisition of a business undertaking from Ivia Beaute Private Limited, India
Annual reports
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Financial Year 2023
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Concalls
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Market Leadership[1]
# 3rd largest in the India domestic Rx market
# Leadership in Gx
# 1st rank in Respiratory
# Top 5 in Urology and Anti-infectives.
# Over 5 Lac+ no of downloads - Digital Breathe free
# 7,500+ field force detailing to HCPs across the country – 85% of physicians prescribe at least one Cipla product.
# 3rd largest player in private Rx market in SAGA
# Fastest growing generic player in North America.