Medicamen Biotech Ltd
Incorporated in 1993, Medicamen Biotech Ltd is a research-led pharmaceutical company involved in developing, manufacturing, and marketing generic finished dosage formulations, and Oncology Formulations[1]
- Market Cap ₹ 615 Cr.
- Current Price ₹ 486
- High / Low ₹ 904 / 355
- Stock P/E 54.8
- Book Value ₹ 158
- Dividend Yield 0.21 %
- ROCE 10.4 %
- ROE 8.67 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 3.07 times its book value
- Company has a low return on equity of 9.56% over last 3 years.
- Dividend payout has been low at 8.93% of profits over last 3 years
- Company has high debtors of 169 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 - Formulations
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|
123 | 125 | 113 | 115 | 141 | 171 | |
105 | 106 | 93 | 91 | 117 | 148 | |
Operating Profit | 17 | 20 | 20 | 24 | 24 | 23 |
OPM % | 14% | 16% | 17% | 21% | 17% | 13% |
4 | 2 | 1 | 2 | 2 | 2 | |
Interest | 1 | 1 | 2 | 2 | 3 | 3 |
Depreciation | 2 | 2 | 3 | 6 | 6 | 7 |
Profit before tax | 18 | 18 | 16 | 18 | 17 | 15 |
Tax % | 31% | 26% | 26% | 18% | 14% | |
12 | 13 | 12 | 15 | 15 | 11 | |
EPS in Rs | 10.28 | 10.88 | 9.93 | 12.20 | 11.73 | 9.16 |
Dividend Payout % | 10% | 5% | 10% | 8% | 9% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 4% |
TTM: | 37% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 3% |
TTM: | -18% |
Stock Price CAGR | |
---|---|
10 Years: | 49% |
5 Years: | -1% |
3 Years: | -2% |
1 Year: | -32% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 10% |
Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|
Equity Capital | 12 | 12 | 12 | 12 | 13 | 13 |
Reserves | 75 | 109 | 121 | 134 | 181 | 187 |
12 | 11 | 19 | 26 | 26 | 29 | |
38 | 49 | 42 | 53 | 59 | 68 | |
Total Liabilities | 137 | 181 | 194 | 226 | 279 | 297 |
24 | 34 | 90 | 92 | 93 | 93 | |
CWIP | 15 | 40 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 |
97 | 107 | 104 | 133 | 186 | 204 | |
Total Assets | 137 | 181 | 194 | 226 | 279 | 297 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
4 | 13 | 13 | 4 | -6 | |
-15 | -37 | -18 | -8 | -6 | |
-4 | 19 | 6 | 4 | 29 | |
Net Cash Flow | -14 | -5 | 1 | -0 | 17 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
Debtor Days | 129 | 145 | 170 | 200 | 169 |
Inventory Days | 67 | 78 | 27 | 188 | 228 |
Days Payable | 134 | 173 | 169 | 302 | 241 |
Cash Conversion Cycle | 62 | 51 | 28 | 86 | 156 |
Working Capital Days | 151 | 152 | 161 | 208 | 216 |
ROCE % | 16% | 13% | 12% | 10% |
Documents
Announcements
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Announcement Under Regulation 30 Of SEBI LODR Regulations, 2015
1d - Completion of USFDA Inspection at the Oncology Formulation Facility at Haridwar-Unit II
- Declaration Under Regulation 31 (4) Of The SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011 For The Financial Year Ended On March 31, 2024. 24 Apr
- Certificate Pursuant To Regulation 40(9) Of The SEBI (LODR) Regulations, 2015 17 Apr
- Compliance Certificate Under Regulation 7(3) Of The SEBI (LODR) Regulations, 2015 For The Financial Year Ended On March 31, 2024 17 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
17 Apr - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter and year ended on March 31, 2024
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 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Business Overview:[1][2][3]
MBL, a subsidiary of Shivalik Rasayan Ltd with 41.6% ownership, is an integrated Pharmaceutical and Life Sciences Solution Provider. They manufacture pharmaceutical formulations, primarily focusing on oncology therapeutics and generics, distributed through wholesale drug distributors and sold to institutional segments such as government and semi-government institutions, and hospitals. Their formulations cover beta-lactam, non-beta-lactam, and cephalosporin drugs for overseas and domestic markets.