Torrent Pharmaceuticals Ltd

About [ edit ]

Torrent Pharmaceuticals is one of the leading Indian Pharmaceutical Company engaged in research, development, manufacturing and marketing of generic pharmaceutical formulations.

  • Market Cap 49,496 Cr.
  • Current Price 2,925
  • High / Low 3,040 / 2,232
  • Stock P/E 43.5
  • Book Value 356
  • Dividend Yield 1.20 %
  • ROCE 17.2 %
  • ROE 20.4 %
  • Face Value 5.00

Pros

  • Company has reduced debt.
  • Company has been maintaining a healthy dividend payout of 49.45%

Cons

  • Stock is trading at 8.21 times its book value
  • The company has delivered a poor sales growth of 3.47% over past five years.
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
1,452 1,472 1,481 1,357 1,603 1,603 1,471 1,491 1,727 1,640 1,616 1,468
1,040 1,016 1,030 1,063 1,091 1,071 1,023 1,066 1,117 1,054 1,046 1,037
Operating Profit 412 456 451 294 512 532 448 425 610 586 570 431
OPM % 28% 31% 30% 22% 32% 33% 30% 28% 35% 36% 35% 29%
Other Income 34 108 13 227 31 123 62 21 7 9 11 91
Interest 117 120 125 119 117 111 106 96 97 86 87 69
Depreciation 141 144 147 147 149 151 152 155 150 153 155 152
Profit before tax 188 300 192 255 277 393 252 195 370 356 339 301
Tax % 35% 8% 5% 36% 19% 17% 13% 14% 19% 21% 18% 7%
Net Profit 122 277 182 164 223 328 220 168 298 283 278 279
EPS in Rs 7.21 16.37 10.76 9.69 13.18 19.38 13.00 9.93 17.61 16.72 16.43 16.49

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
1,419 1,750 2,071 2,760 3,358 3,468 5,439 4,551 4,244 5,762 6,168 6,451
1,040 1,354 1,680 2,084 2,298 2,624 2,991 3,424 3,337 4,149 4,251 4,254
Operating Profit 379 396 391 676 1,061 843 2,448 1,127 907 1,613 1,917 2,197
OPM % 27% 23% 19% 24% 32% 24% 45% 25% 21% 28% 31% 34%
Other Income 18 59 84 98 36 306 293 300 332 382 237 118
Interest 29 39 40 37 58 173 180 202 294 481 430 339
Depreciation 54 58 64 72 79 180 213 269 384 579 607 610
Profit before tax 314 358 371 665 958 796 2,348 955 562 935 1,117 1,366
Tax % 34% 19% 16% 18% 20% 22% 26% 11% 14% 20% 16% 17%
Net Profit 207 291 311 546 762 623 1,743 854 482 745 939 1,138
EPS in Rs 12.26 17.19 18.40 32.29 45.05 36.83 103.00 50.48 28.49 44.05 55.46 67.25
Dividend Payout % 24% 23% 23% 36% 22% 31% 34% 28% 49% 39% 58% 52%
Compounded Sales Growth
10 Years:14%
5 Years:3%
3 Years:15%
TTM:5%
Compounded Profit Growth
10 Years:15%
5 Years:-8%
3 Years:37%
TTM:24%
Stock Price CAGR
10 Years:25%
5 Years:17%
3 Years:26%
1 Year:13%
Return on Equity
10 Years:23%
5 Years:17%
3 Years:18%
Last Year:20%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
42 42 42 42 85 85 85 85 85 85 85 85
Reserves 839 1,051 1,262 1,609 2,205 2,621 3,623 4,369 4,472 4,931 5,036 5,945
Borrowings 522 572 579 693 1,132 2,521 2,249 2,446 5,845 5,623 5,327 3,351
445 557 695 1,012 911 1,270 1,332 1,152 1,419 1,389 1,465 2,380
Total Liabilities 1,848 2,222 2,578 3,356 4,333 6,497 7,289 8,051 11,820 12,027 11,913 11,761
526 588 636 791 836 2,764 2,681 3,523 7,429 7,425 7,198 6,774
CWIP 105 44 27 276 508 628 984 473 447 498 536 555
Investments 231 431 478 190 322 434 918 936 625 486 135 314
985 1,159 1,437 2,098 2,667 2,672 2,705 3,119 3,319 3,618 4,044 4,118
Total Assets 1,848 2,222 2,578 3,356 4,333 6,497 7,289 8,051 11,820 12,027 11,913 11,761

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
307 233 396 -69 310 1,065 2,403 676 929 1,232 1,579 1,578
-137 -242 -142 -89 -326 -2,099 -584 -527 -4,207 -373 -81 -316
-4 -69 -192 25 86 996 -1,326 -130 2,929 -928 -1,555 -1,587
Net Cash Flow 165 -78 62 -133 70 -38 493 19 -349 -69 -57 -325

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
ROCE % 28% 25% 26% 35% 35% 22% 44% 17% 9% 13% 14% 17%
Debtor Days 67 71 72 110 143 124 61 82 95 86 89 87
Inventory Turnover 2.36 2.25 2.33 1.90 1.54 1.60 1.45 1.49 1.06 1.26 1.23 0.98

Shareholding Pattern

Numbers in percentages

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
71.25 71.25 71.25 71.25 71.25 71.25 71.25 71.25 71.25 71.25 71.25 71.25
7.53 8.05 8.09 8.63 7.53 7.66 8.48 9.82 10.99 12.17 11.96 11.37
11.79 11.30 10.92 10.51 11.27 13.13 12.32 10.86 9.71 8.44 8.09 8.35
9.43 9.40 9.74 9.61 9.95 7.96 7.95 8.08 8.05 8.14 8.70 9.03

Documents