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 ₹ 3,137 Cr.
- Current Price ₹ 371
- High / Low ₹ 392 / 112
- Stock P/E 55.1
- Book Value ₹ 63.3
- Dividend Yield 0.11 %
- ROCE 11.7 %
- ROE 10.0 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 5.85 times its book value
- The company has delivered a poor sales growth of 8.81% over past five years.
- Company has a low return on equity of 7.48% over last 3 years.
- Debtor days have increased from 86.4 to 122 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 - Bulk Drugs
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|
193 | 611 | 438 | 463 | 465 | 412 | 563 | 520 | 522 | 709 | 738 | |
145 | 522 | 363 | 369 | 375 | 332 | 442 | 405 | 467 | 593 | 614 | |
Operating Profit | 47 | 89 | 75 | 93 | 90 | 80 | 121 | 115 | 55 | 117 | 124 |
OPM % | 25% | 15% | 17% | 20% | 19% | 19% | 22% | 22% | 10% | 16% | 17% |
5 | 4 | 1 | 2 | 3 | 5 | 3 | 5 | 5 | 4 | 5 | |
Interest | 8 | 17 | 16 | 15 | 12 | 12 | 11 | 19 | 22 | 23 | 22 |
Depreciation | 5 | 19 | 19 | 20 | 19 | 22 | 22 | 32 | 32 | 32 | 32 |
Profit before tax | 40 | 56 | 42 | 60 | 62 | 51 | 91 | 68 | 5 | 66 | 75 |
Tax % | 36% | 26% | 14% | 33% | 34% | 36% | 33% | 1% | 28% | 26% | |
25 | 41 | 28 | 32 | 40 | 32 | 63 | 62 | -7 | 50 | 57 | |
EPS in Rs | 2.55 | 4.83 | 3.36 | 3.75 | 4.73 | 3.73 | 7.38 | 7.35 | -0.83 | 5.88 | 6.73 |
Dividend Payout % | 8% | 4% | 6% | 7% | 5% | 7% | 4% | 4% | -36% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 9% |
3 Years: | 8% |
TTM: | 25% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 4% |
3 Years: | -7% |
TTM: | 229% |
Stock Price CAGR | |
---|---|
10 Years: | 25% |
5 Years: | 50% |
3 Years: | 32% |
1 Year: | 191% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 9% |
3 Years: | 7% |
Last Year: | 10% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 10 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 |
Reserves | 182 | 285 | 246 | 276 | 313 | 340 | 402 | 462 | 452 | 528 |
73 | 204 | 149 | 146 | 144 | 157 | 255 | 263 | 254 | 281 | |
64 | 158 | 89 | 72 | 93 | 103 | 147 | 126 | 165 | 217 | |
Total Liabilities | 329 | 656 | 493 | 503 | 559 | 608 | 812 | 860 | 880 | 1,034 |
69 | 370 | 290 | 279 | 281 | 280 | 457 | 438 | 412 | 437 | |
CWIP | 15 | 13 | 8 | 8 | 18 | 42 | 7 | 11 | 33 | 30 |
Investments | 0 | 21 | 29 | 28 | 27 | 26 | 27 | 22 | 11 | 11 |
245 | 252 | 166 | 187 | 232 | 259 | 321 | 389 | 424 | 556 | |
Total Assets | 329 | 656 | 493 | 503 | 559 | 608 | 812 | 860 | 880 | 1,034 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|
14 | 61 | 73 | 32 | 50 | 40 | 90 | 45 | 22 | 50 | |
-32 | -97 | -39 | -17 | -35 | -43 | -152 | -27 | -30 | -52 | |
107 | 27 | -33 | -15 | -13 | -2 | 92 | -12 | -32 | 31 | |
Net Cash Flow | 89 | -9 | 1 | 0 | 2 | -5 | 31 | 6 | -39 | 29 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 114 | 36 | 18 | 19 | 20 | 43 | 68 | 34 | 104 | 122 |
Inventory Days | 165 | 106 | 114 | 135 | 170 | 191 | 148 | 333 | 243 | 201 |
Days Payable | 72 | 79 | 82 | 49 | 59 | 66 | 70 | 97 | 123 | 130 |
Cash Conversion Cycle | 206 | 63 | 50 | 105 | 131 | 169 | 146 | 270 | 224 | 192 |
Working Capital Days | 169 | 63 | 48 | 73 | 95 | 111 | 115 | 172 | 196 | 167 |
ROCE % | 13% | 18% | 17% | 13% | 17% | 13% | 4% | 12% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
7 Sep - Newspaper Publication related to confirmation of dispatch of Annual Report
- Reg. 34 (1) Annual Report. 6 Sep
- Notice Of 36Th Annual General Meeting For The FY 2023-2024 6 Sep
- Business Responsibility and Sustainability Reporting (BRSR) 6 Sep
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Announcement under Regulation 30 (LODR)-Newspaper Publication
5 Sep - Submission of copies of Newspaper Publication regarding the 36th Annual General Meeting to be held through Video Conference / Other Audio Visual Means.
Annual reports
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Financial Year 2024
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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
from nse
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Financial Year 2011
from bse
Concalls
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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
The company offers various pharmaceutical products under various therapeutic categories such as Anti-ulcer, anti-fungal, anti-migraine, anti-viral, anti-diabetic, anti-retroviral and others.[1] Antiretroviral and anti-ulcer are the key therapeutic segments contributing ~60% of total sales of the company.[2]