Marksans Pharma Ltd
Marksans Pharma is engaged in the Business of Formulation of pharmaceutical products.
Our key focus areas lie in the OTC & prescription drugs that have wide-ranging applications across fields like Oncology, Gastroenterology, Antidiabetic, Antibiotics, Cardiovascular, Pain Management, Gynaecology, among others. [1]
- Market Cap ₹ 7,575 Cr.
- Current Price ₹ 167
- High / Low ₹ 186 / 70.2
- Stock P/E 23.9
- Book Value ₹ 41.4
- Dividend Yield 0.30 %
- ROCE 22.2 %
- ROE 18.6 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 51.8% CAGR over last 5 years
Cons
- Promoter holding has decreased over last 3 years: -4.40%
* 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 - Formulations
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
356 | 438 | 630 | 797 | 893 | 767 | 913 | 1,000 | 1,134 | 1,376 | 1,491 | 1,852 | 2,103 | |
455 | 369 | 512 | 612 | 757 | 722 | 834 | 868 | 942 | 1,037 | 1,232 | 1,513 | 1,645 | |
Operating Profit | -100 | 69 | 118 | 185 | 136 | 45 | 78 | 132 | 192 | 340 | 259 | 340 | 458 |
OPM % | -28% | 16% | 19% | 23% | 15% | 6% | 9% | 13% | 17% | 25% | 17% | 18% | 22% |
2 | 4 | 4 | 3 | 9 | 7 | 8 | 5 | 0 | 7 | 42 | 59 | 45 | |
Interest | 54 | 15 | 19 | 16 | 10 | 7 | 10 | 10 | 9 | 8 | 8 | 9 | 9 |
Depreciation | 24 | 16 | 16 | 16 | 28 | 30 | 27 | 23 | 27 | 36 | 45 | 52 | 67 |
Profit before tax | -175 | 44 | 86 | 156 | 107 | 15 | 50 | 104 | 157 | 302 | 248 | 338 | 427 |
Tax % | -1% | -12% | 15% | 28% | 23% | 24% | 28% | 23% | 23% | 21% | 25% | 21% | |
-176 | 49 | 74 | 112 | 83 | 11 | 36 | 80 | 121 | 239 | 187 | 265 | 320 | |
EPS in Rs | 1.19 | 1.87 | 2.67 | 1.92 | 0.22 | 0.80 | 1.87 | 2.95 | 5.83 | 4.51 | 5.88 | 7.01 | |
Dividend Payout % | -0% | 10% | 5% | 4% | 21% | 23% | 6% | 3% | 3% | 4% | 6% | 9% |
Compounded Sales Growth | |
---|---|
10 Years: | 16% |
5 Years: | 15% |
3 Years: | 18% |
TTM: | 18% |
Compounded Profit Growth | |
---|---|
10 Years: | 19% |
5 Years: | 52% |
3 Years: | 30% |
TTM: | 51% |
Stock Price CAGR | |
---|---|
10 Years: | 22% |
5 Years: | 47% |
3 Years: | 35% |
1 Year: | 104% |
Return on Equity | |
---|---|
10 Years: | 20% |
5 Years: | 21% |
3 Years: | 22% |
Last Year: | 19% |
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 | 37 | 39 | 39 | 41 | 41 | 41 | 41 | 41 | 41 | 41 | 41 | 45 | 45 |
Reserves | -220 | 34 | 90 | 326 | 401 | 392 | 430 | 502 | 595 | 846 | 1,068 | 1,700 | 1,830 |
Preference Capital | 14 | 14 | 14 | 12 | 12 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
179 | 163 | 160 | 89 | 88 | 110 | 118 | 100 | 30 | 34 | 111 | 123 | 111 | |
389 | 165 | 202 | 220 | 192 | 209 | 142 | 160 | 236 | 307 | 416 | 322 | 327 | |
Total Liabilities | 385 | 401 | 490 | 676 | 722 | 752 | 731 | 802 | 902 | 1,227 | 1,636 | 2,190 | 2,314 |
165 | 156 | 146 | 166 | 270 | 267 | 279 | 270 | 303 | 309 | 428 | 486 | 560 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12 | 3 | 10 | 19 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
220 | 245 | 344 | 510 | 452 | 484 | 451 | 533 | 599 | 906 | 1,205 | 1,694 | 1,734 | |
Total Assets | 385 | 401 | 490 | 676 | 722 | 752 | 731 | 802 | 902 | 1,227 | 1,636 | 2,190 | 2,314 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-62 | 39 | 65 | 155 | 31 | 14 | 50 | 27 | 233 | 179 | 99 | 237 | |
-3 | -5 | -4 | -33 | -123 | -21 | -39 | -13 | -60 | -45 | -42 | -259 | |
57 | -40 | -29 | 17 | -58 | -3 | 3 | -21 | -114 | -15 | 80 | 198 | |
Net Cash Flow | -9 | -7 | 31 | 138 | -150 | -10 | 15 | -7 | 60 | 119 | 137 | 176 |
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 | 116 | 109 | 98 | 84 | 89 | 118 | 71 | 64 | 78 | 72 | 97 | 82 |
Inventory Days | 126 | 112 | 102 | 107 | 120 | 151 | 152 | 215 | 155 | 248 | 216 | 192 |
Days Payable | 100 | 81 | 83 | 88 | 85 | 129 | 54 | 78 | 71 | 103 | 102 | 91 |
Cash Conversion Cycle | 141 | 141 | 118 | 103 | 124 | 140 | 169 | 202 | 163 | 217 | 211 | 183 |
Working Capital Days | -218 | 37 | 48 | 55 | 95 | 130 | 117 | 133 | 94 | 110 | 138 | 133 |
ROCE % | -277% | 43% | 37% | 44% | 23% | 4% | 10% | 18% | 25% | 38% | 23% | 22% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
18 Apr - A routine eGMP inspection was conducted by USFDA at manufacturing facility of the Company in Verna Goa. There was no data integrity observation.
- Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 15 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 15 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Apr - Of DP regulations for quarter ended March 31, 2024 received form big share Services Private Limited
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Compliance Certificate Under Regulation 40(9) & 40(10)
8 Apr - Compliance certificate issued by Sanjay Dholakia & Associates-PCS, for FY2024
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Concalls
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT REC
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Aug 2023Transcript PPT
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Jun 2023Transcript PPT REC
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Feb 2022TranscriptNotesPPT
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Nov 2020TranscriptNotesPPT
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Jun 2020TranscriptNotesPPT
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Feb 2020TranscriptNotesPPT
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Aug 2019TranscriptNotesPPT
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Aug 2019TranscriptNotesPPT
Revenue Mix
Revenue Mix by therapeutic wise FY23[1]
Pain Management : 44%
Cough & Cold : 14%
Cardiovascular System : 9%
CNS: 8%
Anti-diabetic : 2%
Gastrointestinal : 9%
Others : 14%