Venus Remedies Ltd
Venus Remedies is engaged in Business of Pharmaceutical product manufacturing.
- Market Cap ₹ 259 Cr.
- Current Price ₹ 210
- High / Low ₹ 230 / 20.4
- Stock P/E 9.28
- Book Value ₹ 274
- Dividend Yield 0.00 %
- ROCE 2.54 %
- ROE -0.96 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.77 times its book value
- Company is expected to give good quarter
Cons
- The company has delivered a poor sales growth of -5.59% over past five years.
- Promoter holding is low: 35.89%
- Company has a low return on equity of -5.09% for last 3 years.
- Promoters have pledged 95.48% of their holding.
- Company's cost of borrowing seems high
Peer comparison
Sector: Pharmaceuticals Industry: Pharmaceuticals - Indian - Formulations
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|
67 | 88 | 76 | 90 | 74 | 88 | 97 | 83 | 189 | 126 | 122 | |
57 | 72 | 71 | 89 | 64 | 75 | 86 | 76 | 168 | 115 | 104 | |
Operating Profit | 10 | 16 | 5 | 2 | 10 | 13 | 11 | 8 | 21 | 11 | 18 |
OPM % | 15% | 18% | 6% | 2% | 13% | 14% | 11% | 9% | 11% | 8% | 15% |
Other Income | 1 | 3 | 1 | -5 | 1 | 1 | 2 | -7 | -7 | 20 | 6 |
Interest | 8 | 11 | 10 | 0 | 6 | 5 | 4 | -2 | 3 | 7 | 2 |
Depreciation | 8 | 9 | 9 | 8 | 8 | 9 | 8 | 6 | 9 | 9 | 9 |
Profit before tax | -6 | -0 | -12 | -12 | -4 | 1 | 0 | -5 | 2 | 15 | 14 |
Tax % | 0% | 612% | 4% | 1% | 0% | 28% | 4,950% | -18% | 0% | 10% | 16% |
Net Profit | -6 | 0 | -12 | -11 | -4 | 0 | -1 | -5 | 2 | 13 | 12 |
EPS in Rs | -4.70 | 0.33 | -9.50 | -9.29 | -3.30 | 0.34 | -0.78 | -4.36 | 1.60 | 10.56 | 9.45 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
265 | 309 | 357 | 401 | 459 | 531 | 455 | 407 | 400 | 372 | 322 | 341 | 520 | |
202 | 236 | 267 | 298 | 339 | 393 | 366 | 326 | 349 | 333 | 289 | 301 | 463 | |
Operating Profit | 63 | 73 | 89 | 103 | 120 | 138 | 89 | 81 | 51 | 39 | 33 | 41 | 57 |
OPM % | 24% | 24% | 25% | 26% | 26% | 26% | 20% | 20% | 13% | 11% | 10% | 12% | 11% |
Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 2 | 2 | -3 | -4 | 12 |
Interest | 9 | 14 | 19 | 27 | 25 | 29 | 41 | 38 | 34 | 35 | 25 | 13 | 10 |
Depreciation | 7 | 12 | 18 | 25 | 33 | 40 | 46 | 42 | 40 | 34 | 34 | 32 | 32 |
Profit before tax | 48 | 46 | 53 | 51 | 63 | 69 | 3 | 4 | -22 | -28 | -30 | -8 | 26 |
Tax % | 8% | 15% | 12% | 7% | 9% | 7% | -95% | 52% | 21% | -11% | 4% | -24% | |
Net Profit | 44 | 40 | 46 | 47 | 57 | 64 | 5 | 2 | -17 | -31 | -29 | -10 | 21 |
EPS in Rs | 51.99 | 46.69 | 50.63 | 48.33 | 54.36 | 56.20 | 4.51 | 1.49 | -13.84 | -24.87 | -23.15 | -8.10 | 17.25 |
Dividend Payout % | 6% | 6% | 6% | 6% | 6% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 1% |
5 Years: | -6% |
3 Years: | -5% |
TTM: | 49% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 22% |
TTM: | 492% |
Stock Price CAGR | |
---|---|
10 Years: | -0% |
5 Years: | 18% |
3 Years: | 45% |
1 Year: | 656% |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | -4% |
3 Years: | -5% |
Last Year: | -1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
8 | 8 | 9 | 10 | 11 | 11 | 11 | 11 | 12 | 12 | 12 | 12 | 12 | |
Reserves | 130 | 163 | 224 | 289 | 364 | 450 | 445 | 426 | 376 | 350 | 320 | 311 | 326 |
Borrowings | 132 | 149 | 187 | 220 | 271 | 289 | 321 | 335 | 312 | 307 | 298 | 158 | 67 |
27 | 30 | 41 | 55 | 72 | 84 | 64 | 70 | 65 | 82 | 102 | 157 | 147 | |
Total Liabilities | 297 | 350 | 461 | 574 | 718 | 834 | 841 | 843 | 765 | 751 | 733 | 638 | 552 |
190 | 229 | 293 | 355 | 401 | 439 | 444 | 452 | 406 | 389 | 364 | 289 | 274 | |
CWIP | 1 | 1 | 15 | 23 | 48 | 68 | 78 | 80 | 66 | 65 | 65 | 25 | 25 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
105 | 120 | 152 | 196 | 268 | 327 | 319 | 310 | 293 | 297 | 304 | 324 | 253 | |
Total Assets | 297 | 350 | 461 | 574 | 718 | 834 | 841 | 843 | 765 | 751 | 733 | 638 | 552 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
19 | 32 | 37 | 42 | 52 | 53 | 68 | 47 | 59 | 31 | 45 | 77 | |
-56 | -51 | -96 | -95 | -104 | -95 | -67 | 3 | -18 | 8 | -11 | -5 | |
38 | 20 | 60 | 53 | 55 | 40 | -1 | -46 | -44 | -39 | -35 | -73 | |
Net Cash Flow | 0 | 1 | 1 | -0 | 3 | -2 | -1 | 3 | -4 | 0 | -1 | -1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROCE % | 25% | 20% | 19% | 17% | 15% | 14% | 6% | 5% | 2% | 1% | 1% | 3% |
Debtor Days | 45 | 33 | 37 | 36 | 37 | 45 | 51 | 55 | 43 | 46 | 43 | 33 |
Inventory Turnover | 4.44 | 3.46 | 2.97 | 2.65 | 2.36 | 2.24 | 1.91 | 1.69 | 1.63 | 1.50 | 1.33 | 1.23 |
Documents
Add documentRecent announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 25 Feb
- Outcome Of Board Meeting Dated 23.02.2021 23 Feb
- Announcement under Regulation 30 (LODR)-Issue of Securities 23 Feb
- Board Meeting Intimation for Board Meeting Scheduled To Be Held On 23Rd February 2021 18 Feb
- Disclosure of Voting results of EGM (Regulation 44(3) of SEBI (LODR) Regulations, 2015) 11 Feb
View all
Annual reports
- Financial Year 2020 from bse
- Financial Year 2019 from bse
- Financial Year 2018 from bse
- Financial Year 2017 from bse
- Financial Year 2016 from bse
- Financial Year 2015 from bse
- Financial Year 2014 from bse
- Financial Year 2013 from bse
- Financial Year 2013 from nse
- Financial Year 2012 from bse
- Financial Year 2011 from bse
- Financial Year 2011 from nse
- Financial Year 2010 from bse
- Financial Year 2010 from nse