Solara Active Pharma Sciences Ltd

Solara Active Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Solara Active Pharma Sciences Ltd

₹ 637 3.13%
30 Jun - close price
solara.co.in BSE: 541540 NSE: SOLARA
About

Solara Active Pharma Sciences Ltd is engaged in business of manufacturing, production, processing, formulating, sale, import, export, merchandising, distributing, trading of APIs.[1]

It was formed through demerger of API business from Strides Shasun Ltd (currently named as Stride Pharma Sciences). Subsequently, it also acquired the human API business from Sequent Scientific Ltd during the same time, making it a pure play API company.[2]

Key Points

Product Offerings
The company is a pure-play API manufacturer, offering a range of high-value commercial APIs and contract manufacturing services across 73+ countries. Its portfolio includes 60+ commercial APIs across key therapeutic segments, including anthelmintic, anti-malaria, anti-infective, etc. The top 10 molecules contribute to 84% of its total revenues. [1] [2] [3]

Website BSE NSE
  • Market Cap ₹ 2,833 Cr.
  • Current Price ₹ 637
  • High / Low ₹ 886 / 441
  • Stock P/E 5,246
  • Book Value ₹ 304
  • Dividend Yield 0.00 %
  • ROCE 6.01 %
  • ROE 0.05 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -0.58% over past five years.
  • Company has a low return on equity of -11.5% over last 3 years.
  • Promoters have pledged 34.6% 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
360.82 330.07 338.37 394.75 380.62 352.31 425.24 211.94 299.43 363.49 346.95 300.31 273.01
347.29 317.52 310.80 349.75 331.85 333.19 387.61 373.63 289.67 321.57 285.64 242.63 227.64
Operating Profit 13.53 12.55 27.57 45.00 48.77 19.12 37.63 -161.69 9.76 41.92 61.31 57.68 45.37
OPM % 3.75% 3.80% 8.15% 11.40% 12.81% 5.43% 8.85% -76.29% 3.26% 11.53% 17.67% 19.21% 16.62%
4.76 6.98 3.72 7.17 4.68 2.04 -4.04 -62.32 -120.48 0.56 0.32 1.49 5.95
Interest 21.47 22.50 21.96 23.64 21.96 24.61 24.44 25.37 30.69 30.87 28.28 26.54 29.12
Depreciation 27.82 28.13 28.63 27.98 26.45 25.91 26.21 25.96 25.25 25.07 25.34 24.54 24.30
Profit before tax -31.00 -31.10 -19.30 0.55 5.04 -29.36 -17.06 -275.34 -166.66 -13.46 8.01 8.09 -2.10
Tax % -105.84% -47.11% -48.29% 21.82% 25.40% -34.91% 0.00% 0.00% 53.28% 0.00% 0.00% 0.00% 0.00%
1.81 -16.45 -9.98 0.43 3.76 -19.11 -17.06 -275.34 -255.45 -13.46 8.01 8.09 -2.10
EPS in Rs 0.39 -3.42 -2.08 0.09 0.79 -4.07 -3.58 -57.36 -53.20 -3.74 2.22 2.24 -0.58
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
521 1,387 1,322 1,617 1,268 1,444 1,289 1,284
464 1,174 1,062 1,231 1,188 1,309 1,384 1,077
Operating Profit 57 213 260 386 81 134 -95 206
OPM % 11% 15% 20% 24% 6% 9% -7% 16%
2 12 27 29 16 22 -185 8
Interest 25 82 78 84 75 90 105 115
Depreciation 34 83 94 109 112 111 103 99
Profit before tax 0 60 115 222 -91 -45 -488 1
Tax % -70% 1% 0% 0% -36% -50% 16% 0%
0 59 115 221 -58 -22 -567 1
EPS in Rs 17.30 32.01 46.22 -12.11 -4.62 -118.21 0.15
Dividend Payout % 0% 22% 5% 11% 0% -49% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: -1%
3 Years: 0%
TTM: 0%
Compounded Profit Growth
10 Years: %
5 Years: -66%
3 Years: 26%
TTM: 100%
Stock Price CAGR
10 Years: %
5 Years: 1%
3 Years: 26%
1 Year: 17%
Return on Equity
10 Years: %
5 Years: -4%
3 Years: -11%
Last Year: 0%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 25 26 27 36 36 36 36 40
Reserves 739 930 1,059 1,553 1,489 1,464 898 1,054
633 538 722 621 1,037 1,013 1,012 796
425 466 346 404 383 386 406 342
Total Liabilities 1,821 1,960 2,153 2,614 2,945 2,899 2,351 2,232
1,086 1,218 1,397 1,382 1,356 1,364 1,268 1,193
CWIP 71 40 40 88 239 238 256 280
Investments 1 0 0 0 0 2 2 2
663 701 716 1,144 1,350 1,295 825 757
Total Assets 1,821 1,960 2,153 2,614 2,945 2,899 2,351 2,232

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
49 166 242 155 -242 156 109 213
-85 -113 -359 -106 -243 -81 -4 -37
68 -23 97 92 334 -113 -106 -180
Net Cash Flow 31 30 -20 142 -151 -38 -0 -4

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 184 76 63 109 141 136 99 93
Inventory Days 252 111 170 149 321 258 163 185
Days Payable 420 127 132 156 154 142 142 145
Cash Conversion Cycle 16 60 101 102 308 252 120 133
Working Capital Days 107 34 67 118 251 213 126 127
ROCE % 10% 12% 15% -0% 2% -9% 6%

Shareholding Pattern

Numbers in percentages

7 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
40.40% 40.41% 40.41% 40.98% 39.31% 37.19% 30.49% 30.49% 37.27% 37.27% 37.23% 37.94%
17.93% 18.47% 19.26% 19.30% 18.71% 17.86% 16.62% 15.80% 14.00% 14.25% 14.67% 14.63%
3.10% 2.97% 3.01% 2.75% 1.75% 1.79% 1.75% 2.97% 2.83% 3.37% 3.19% 2.61%
38.57% 38.16% 37.32% 36.95% 40.22% 43.16% 51.14% 50.73% 45.89% 45.11% 44.92% 44.82%
No. of Shareholders 82,71083,31979,14976,32575,41774,47372,91873,91277,17071,88283,14875,791

* 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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