SMS Pharmaceuticals Ltd
SMS Pharmaceuticals Ltd is a diversified and integrated pharmaceutical company with interests in Active Pharmaceutical Ingredients (API) and Intermediates.[1]
- Market Cap ₹ 2,235 Cr.
- Current Price ₹ 252
- High / Low ₹ 398 / 175
- Stock P/E 32.7
- Book Value ₹ 75.9
- Dividend Yield 0.16 %
- ROCE 12.2 %
- ROE 11.0 %
- Face Value ₹ 1.00
Pros
- Company has been maintaining a healthy dividend payout of 24.8%
- Promoter holding has increased by 1.58% over last quarter.
Cons
- Stock is trading at 3.32 times its book value
- Company has a low return on equity of 7.39% over last 3 years.
- Company might be capitalizing the interest cost
- Promoters have pledged 37.6% of their holding.
* 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
Healthcare Healthcare Pharmaceuticals & Biotechnology Pharmaceuticals
Part of BSE Healthcare BSE SmallCap BSE Allcap
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
518 | 587 | 611 | 438 | 463 | 465 | 412 | 563 | 520 | 522 | 709 | 783 | |
461 | 500 | 522 | 363 | 369 | 375 | 332 | 442 | 405 | 467 | 592 | 643 | |
Operating Profit | 57 | 86 | 89 | 75 | 93 | 90 | 80 | 121 | 115 | 55 | 117 | 140 |
OPM % | 11% | 15% | 15% | 17% | 20% | 19% | 19% | 22% | 22% | 10% | 16% | 18% |
2 | 16 | 4 | 1 | 2 | 3 | 5 | 3 | 5 | 5 | 4 | 6 | |
Interest | 14 | 18 | 17 | 16 | 15 | 12 | 12 | 11 | 19 | 22 | 24 | 19 |
Depreciation | 13 | 17 | 19 | 19 | 20 | 19 | 22 | 22 | 32 | 32 | 32 | 34 |
Profit before tax | 32 | 67 | 56 | 42 | 60 | 62 | 51 | 91 | 69 | 6 | 66 | 93 |
Tax % | 36% | 48% | 26% | 14% | 33% | 34% | 36% | 33% | 1% | 26% | 25% | 27% |
20 | 35 | 42 | 36 | 40 | 41 | 33 | 61 | 68 | 4 | 49 | 68 | |
EPS in Rs | 2.40 | 4.15 | 4.92 | 4.20 | 4.78 | 4.89 | 3.86 | 7.20 | 8.03 | 0.48 | 5.83 | 7.71 |
Dividend Payout % | 8% | 5% | 4% | 5% | 5% | 5% | 6% | 4% | 4% | 62% | 7% | 5% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | 14% |
3 Years: | 15% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | 16% |
3 Years: | 0% |
TTM: | 38% |
Stock Price CAGR | |
---|---|
10 Years: | 18% |
5 Years: | 37% |
3 Years: | 45% |
1 Year: | 22% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 10% |
3 Years: | 7% |
Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 9 |
Reserves | 213 | 246 | 286 | 254 | 293 | 331 | 359 | 420 | 485 | 487 | 562 | 664 |
167 | 167 | 204 | 149 | 146 | 144 | 157 | 255 | 263 | 254 | 281 | 311 | |
120 | 119 | 158 | 89 | 72 | 93 | 103 | 147 | 126 | 165 | 217 | 202 | |
Total Liabilities | 509 | 540 | 656 | 501 | 519 | 577 | 627 | 830 | 883 | 914 | 1,068 | 1,186 |
247 | 277 | 370 | 290 | 279 | 281 | 280 | 457 | 438 | 412 | 437 | 533 | |
CWIP | 39 | 29 | 13 | 8 | 8 | 18 | 42 | 7 | 11 | 33 | 30 | 35 |
Investments | 6 | 13 | 21 | 37 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 |
217 | 221 | 252 | 166 | 187 | 232 | 259 | 321 | 389 | 424 | 556 | 573 | |
Total Assets | 509 | 540 | 656 | 501 | 519 | 577 | 627 | 830 | 883 | 914 | 1,068 | 1,186 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
65 | 59 | 61 | 73 | 32 | 50 | 40 | 90 | 45 | 22 | 50 | 82 | |
-37 | -55 | -79 | -39 | -17 | -35 | -43 | -152 | -27 | -30 | -52 | -123 | |
-30 | -10 | 27 | -33 | -15 | -13 | -2 | 92 | -12 | -32 | 31 | 47 | |
Net Cash Flow | -2 | -6 | 9 | 1 | 0 | 2 | -5 | 31 | 6 | -39 | 29 | 5 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 39 | 37 | 36 | 18 | 19 | 20 | 43 | 68 | 34 | 104 | 122 | 95 |
Inventory Days | 90 | 81 | 106 | 114 | 135 | 170 | 191 | 148 | 333 | 243 | 201 | 238 |
Days Payable | 59 | 58 | 79 | 82 | 49 | 59 | 66 | 70 | 97 | 117 | 130 | 95 |
Cash Conversion Cycle | 70 | 61 | 63 | 50 | 105 | 131 | 169 | 146 | 270 | 230 | 192 | 238 |
Working Capital Days | 65 | 62 | 63 | 48 | 73 | 95 | 111 | 115 | 172 | 196 | 167 | 168 |
ROCE % | 12% | 21% | 16% | 13% | 18% | 16% | 13% | 17% | 12% | 4% | 11% | 12% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
5 Jun - FY '25 PAT up 39%, INR250 Cr capex approved, strong growth and margin expansion guidance for FY '26.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
2 Jun - Audio recording of Q4 and FY 2025 earnings call made available on company website.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 2 Jun
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Announcement under Regulation 30 (LODR)-Investor Presentation
31 May - Investor Presentation for the Quarter and year ended 31st March, 2025
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
31 May - FY25 PAT up 39%, ₹250 Cr capex for expansion, FY26 targets 20% revenue growth and 20% EBITDA margin.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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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
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from nse
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Financial Year 2011
from bse
Concalls
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Jun 2025Transcript PPT
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Feb 2025TranscriptNotesPPT
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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Jun 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT REC
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May 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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Aug 2022TranscriptNotesPPT
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Jun 2022Transcript PPT
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Feb 2022TranscriptNotesPPT
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Nov 2021Transcript PPT
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Oct 2021TranscriptNotesPPT
Product Portfolio
It is an integrated pharmaceutical company specializing in Active Pharmaceutical Ingredients (API) and complex Intermediates, under various therapeutic categories including Anti-ulcer, anti-fungal, anti-migraine, anti-viral, anti-diabetic, anti-retroviral, etc. with global leadership position in 10+ therapeutic products. The company offers 45+ products to 800+ customers across 75+ countries. [1] [2]