SMS Pharmaceuticals Ltd

SMS Pharmaceuticals Ltd

₹ 369 -9.00%
13 Mar - close price
About

SMS Pharmaceuticals Ltd is a diversified and integrated pharmaceutical company with interests in Active Pharmaceutical Ingredients (API) and Intermediates.[1]

Key Points

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]

  • Market Cap 3,473 Cr.
  • Current Price 369
  • High / Low 434 / 175
  • Stock P/E 38.8
  • Book Value 77.9
  • Dividend Yield 0.11 %
  • ROCE 12.5 %
  • ROE 11.8 %
  • Face Value 1.00

Pros

Cons

  • Stock is trading at 4.73 times its book value
  • Company has a low return on equity of 7.21% over last 3 years.
  • Company might be capitalizing the interest cost

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
149 149 135 167 161 246 164 197 173 248 196 242 210
130 126 109 139 132 212 131 165 140 207 157 194 167
Operating Profit 19 23 26 28 29 34 34 31 33 41 39 48 44
OPM % 12% 16% 19% 17% 18% 14% 20% 16% 19% 16% 20% 20% 21%
2 1 1 1 1 2 1 1 2 1 1 1 4
Interest 6 6 6 6 6 6 5 5 4 5 6 6 6
Depreciation 8 8 8 8 8 8 8 9 9 9 10 10 10
Profit before tax 7 11 13 15 17 22 22 20 22 29 24 34 31
Tax % 21% 24% 31% 21% 26% 26% 25% 29% 24% 30% 23% 26% 26%
4 6 9 12 11 17 16 14 18 20 20 25 23
EPS in Rs 0.44 0.73 1.10 1.38 1.36 2.04 1.95 1.66 2.15 2.29 2.31 2.70 2.51
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
193 611 438 463 465 412 563 520 522 709 783 897
145 522 363 369 375 332 442 405 467 593 644 725
Operating Profit 47 89 75 93 90 80 121 115 55 117 139 172
OPM % 25% 15% 17% 20% 19% 19% 22% 22% 10% 16% 18% 19%
5 4 1 2 3 5 3 5 5 4 6 7
Interest 8 17 16 15 12 12 11 19 22 24 19 23
Depreciation 5 19 19 20 19 22 22 32 32 32 34 38
Profit before tax 40 56 42 60 62 51 91 68 5 66 92 118
Tax % 36% 26% 14% 33% 34% 36% 33% 1% 28% 26% 27%
25 41 28 32 40 32 63 62 -7 50 69 90
EPS in Rs 2.55 4.83 3.36 3.75 4.73 3.73 7.38 7.35 -0.83 5.88 7.80 9.81
Dividend Payout % 8% 4% 6% 7% 5% 7% 4% 4% -36% 7% 5%
Compounded Sales Growth
10 Years: %
5 Years: 14%
3 Years: 15%
TTM: 15%
Compounded Profit Growth
10 Years: %
5 Years: 17%
3 Years: 4%
TTM: 36%
Stock Price CAGR
10 Years: 17%
5 Years: 23%
3 Years: 76%
1 Year: 93%
Return on Equity
10 Years: 11%
5 Years: 10%
3 Years: 7%
Last Year: 12%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 10 8 8 8 8 8 8 8 8 8 9 9
Reserves 182 285 246 276 313 340 402 462 452 528 631 720
73 204 149 146 144 157 255 263 254 281 311 324
64 158 89 72 93 103 147 126 165 217 202 223
Total Liabilities 329 656 493 503 559 608 812 860 880 1,034 1,153 1,276
69 370 290 279 281 280 457 438 412 437 533 517
CWIP 15 13 8 8 18 42 7 11 33 30 35 54
Investments 0 21 29 28 27 26 27 22 11 11 12 14
245 252 166 187 232 259 321 389 424 556 573 692
Total Assets 329 656 493 503 559 608 812 860 880 1,034 1,153 1,276

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
14 61 73 32 50 40 90 45 22 50 82
-32 -97 -39 -17 -35 -43 -152 -27 -30 -52 -123
107 27 -33 -15 -13 -2 92 -12 -32 31 47
Net Cash Flow 89 -9 1 0 2 -5 31 6 -39 29 5

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 114 36 18 19 20 43 68 34 104 122 95
Inventory Days 165 106 114 135 170 191 148 333 243 201 238
Days Payable 72 79 82 49 59 66 70 97 117 130 95
Cash Conversion Cycle 206 63 50 105 131 169 146 270 230 192 237
Working Capital Days 169 19 -2 27 39 57 48 94 104 85 88
ROCE % 13% 18% 17% 13% 17% 13% 4% 12% 13%

Insights

In beta
Mar 2015Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Total Employees
Count

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Cumulative DMF Filings
Count
Anti-Inflammatory (Ibuprofen) Sales Volume
MT
Global Presence (Countries)
Count
R&D Scientist Strength
Count
Total Reactor Capacity
KL
Anti-Diabetic Sales Volume
MT
Net Asset Turnover
Times
R&D Expenditure (Percentage of Turnover)
% ・Standalone data

Shareholding Pattern

Numbers in percentages

5 Recently
Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
64.29% 64.32% 64.32% 64.32% 64.67% 64.67% 64.67% 64.67% 66.27% 66.27% 68.07% 68.07%
0.59% 0.67% 0.60% 0.59% 0.17% 0.18% 0.52% 0.31% 0.08% 0.03% 0.28% 0.04%
0.00% 0.00% 0.00% 0.00% 1.98% 2.13% 2.55% 2.55% 2.43% 3.03% 2.88% 3.21%
35.12% 35.01% 35.07% 35.10% 33.18% 33.03% 32.27% 32.47% 31.23% 30.68% 28.77% 28.69%
No. of Shareholders 25,53724,65325,24625,34130,14031,78033,13634,97335,33233,65234,15734,378

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

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