Venus Remedies Ltd

Venus Remedies Ltd

₹ 1,634 4.99%
05 Jun - close price
About

Incorporated in 1989, Venus Remedies
Ltd is a research based pharmaceutical company and an injectable manufacturer[1]

Key Points

Business Overview:[1][2]
VSR is one of the largest manufacturers of meropenem antibiotics and emerging player in AMR drug in India. It offers a wide range of pharmaceutical products that cater to various therapeutic areas, including anti infective (antibiotics), antimicrobial resistance, oncology, neurology, pain management, skin
& wound care. Company has 1040+ marketing authorizations globally, 135+ patents and 180+ product basket which includes formulations such as injectables,
tablets, and topical preparations

  • Market Cap 2,184 Cr.
  • Current Price 1,634
  • High / Low 1,637 / 415
  • Stock P/E 22.0
  • Book Value 516
  • Dividend Yield 0.00 %
  • ROCE 20.2 %
  • ROE 15.5 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 26.4% CAGR over last 5 years

Cons

  • Stock is trading at 3.17 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 8.53% over past five years.
  • Company has a low return on equity of 10.3% over last 3 years.

* 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

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
149 99 170 131 175 106 170 172 197 137 193 180 259
128 85 157 118 154 92 157 150 171 119 163 143 200
Operating Profit 21 13 13 13 21 14 13 23 25 18 30 37 59
OPM % 14% 14% 8% 10% 12% 13% 8% 13% 13% 13% 15% 20% 23%
3 2 3 2 4 2 8 12 4 3 2 2 5
Interest -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
Depreciation 8 7 6 6 6 6 6 5 4 6 6 6 7
Profit before tax 16 8 10 9 19 10 15 29 25 15 26 33 58
Tax % 53% 47% 45% 10% 36% 56% 37% 18% 40% 20% 25% 24% 25%
8 4 5 8 13 4 9 24 15 12 19 25 43
EPS in Rs 5.64 3.25 4.08 6.13 9.36 3.33 6.93 18.01 11.06 8.75 14.39 18.64 32.51
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
443 392 375 355 299 316 511 574 534 570 631 769
356 312 328 312 265 273 464 505 473 509 561 625
Operating Profit 87 80 47 44 34 43 47 69 62 61 70 144
OPM % 20% 20% 13% 12% 11% 14% 9% 12% 12% 11% 11% 19%
1 1 1 1 -4 -5 41 8 10 11 31 11
Interest 41 37 34 35 25 13 13 -0 -0 -0 -0 -0
Depreciation 45 40 39 33 33 31 34 33 31 26 22 25
Profit before tax 2 3 -25 -23 -28 -6 41 45 40 47 79 131
Tax % -123% 60% -18% 13% -4% 31% -32% -10% 28% 35% 34% 24%
5 1 -20 -27 -27 -8 54 49 29 30 53 99
EPS in Rs 3.98 1.05 -16.40 -21.54 -21.97 -6.67 43.97 36.65 21.67 22.82 39.32 74.29
Dividend Payout % -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years: 7%
5 Years: 9%
3 Years: 13%
TTM: 22%
Compounded Profit Growth
10 Years: 56%
5 Years: 26%
3 Years: 51%
TTM: 123%
Stock Price CAGR
10 Years: 35%
5 Years: 38%
3 Years: 94%
1 Year: 280%
Return on Equity
10 Years: 5%
5 Years: 10%
3 Years: 10%
Last Year: 16%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 11 11 12 12 12 12 12 13 13 13 13 13
Reserves 455 433 382 356 329 320 388 436 465 495 576 676
319 327 308 302 294 216 48 39 39 39 -0 12
60 63 65 78 97 96 99 91 92 94 124 174
Total Liabilities 845 834 767 748 732 644 547 579 609 641 713 876
426 434 389 370 347 271 244 225 200 203 214 215
CWIP 78 80 66 65 65 25 25 25 26 21 26 51
Investments 29 29 29 0 0 0 0 0 20 19 84 238
312 291 283 314 320 348 277 329 363 398 388 372
Total Assets 845 834 767 748 732 644 547 579 609 641 713 876

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
67 42 62 52 44 78 132 41 28 35 83 151
-67 3 -18 -11 -11 -5 56 -17 -51 -7 -76 -182
-0 -46 -44 -40 -35 -72 -162 -9 -0 -0 -0 -1
Net Cash Flow -1 -0 0 0 -2 1 26 15 -23 28 7 -32
Free Cash Flow -1 -8 44 40 34 70 132 27 20 23 65 114
CFO/OP 77% 53% 131% 118% 127% 181% 282% 60% 46% 84% 140% 129%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 49 50 41 45 38 34 12 19 58 57 57 55
Inventory Days 189 210 230 242 283 282 130 121 123 122 98 122
Days Payable 35 36 50 48 67 70 74 48 53 54 67 104
Cash Conversion Cycle 203 223 220 239 254 246 67 93 129 126 88 73
Working Capital Days 54 73 52 23 -3 77 68 84 118 129 97 104
ROCE % 6% 5% 1% 2% 1% 3% 6% 10% 8% 9% 12% 20%

Insights

In beta
Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Global Presence (Countries)
Number

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Stockist Network
Number
Total Marketing Authorizations (Cumulative)
Number
Hospital Reach
Number
Patents Granted (Cumulative)
Number
Annual Manufacturing Capacity (Injectables)
Million Units
New Product Approvals (Annual)
Number
Internal Product Rejections
Number
R&D Expenditure (Percentage of Turnover)
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
41.76% 41.76% 41.76% 41.76% 41.76% 41.76% 41.76% 41.76% 41.76% 41.76% 41.76% 41.76%
0.98% 1.03% 1.59% 1.48% 1.06% 1.18% 1.11% 1.34% 2.25% 1.86% 2.25% 2.80%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.11% 0.75% 1.03% 1.20%
57.26% 57.21% 56.65% 56.76% 57.17% 57.06% 57.13% 56.90% 55.89% 55.62% 54.95% 54.24%
No. of Shareholders 20,49819,26719,56019,91319,61419,55719,77119,98219,30717,72518,60618,403

* 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.

Click on the line-items to see the names of individual entities.

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