Venus Remedies Ltd

Venus Remedies Ltd

₹ 1,798 4.80%
12 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 2,401 Cr.
  • Current Price 1,798
  • High / Low 1,802 / 416
  • Stock P/E 23.4
  • Book Value 497
  • Dividend Yield 0.00 %
  • ROCE 21.7 %
  • ROE 16.8 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 21.8% CAGR over last 5 years

Cons

  • Stock is trading at 3.62 times its book value
  • The company has delivered a poor sales growth of 7.18% over past five years.
  • Company has a low return on equity of 10.5% 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

Consolidated Figures in Rs. Crores / View Standalone

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
156 95 168 143 195 109 170 177 195 137 193 180 259
131 85 150 131 176 97 163 158 166 122 162 143 196
Operating Profit 25 10 18 12 19 11 8 18 29 15 31 38 63
OPM % 16% 11% 11% 8% 10% 10% 4% 10% 15% 11% 16% 21% 24%
3 2 3 2 4 2 8 12 7 3 2 3 5
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 8 8 6 7 6 6 6 5 5 6 6 7 7
Profit before tax 20 5 14 8 17 7 9 25 31 13 26 33 62
Tax % 44% 77% 31% 12% 40% 82% 61% 21% 32% 24% 24% 24% 23%
11 1 10 7 11 1 4 20 21 10 20 26 48
EPS in Rs 8.27 0.88 7.44 5.12 7.86 0.91 2.63 14.66 15.71 7.18 15.06 19.14 35.54
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
455 407 400 372 322 335 544 597 552 596 640 770
366 326 349 333 289 295 490 535 492 537 577 622
Operating Profit 89 81 51 39 33 41 54 62 60 60 64 147
OPM % 20% 20% 13% 11% 10% 12% 10% 10% 11% 10% 10% 19%
1 2 2 2 -3 -4 43 8 10 12 31 13
Interest 41 38 34 35 25 13 13 0 0 0 0 0
Depreciation 46 42 40 34 34 32 35 34 32 26 23 26
Profit before tax 3 4 -22 -28 -30 -8 49 36 38 45 72 134
Tax % -95% 52% -21% 11% -4% 24% -27% -12% 30% 36% 37% 23%
5 2 -17 -31 -29 -10 62 41 27 28 45 103
EPS in Rs 4.51 1.49 -13.84 -24.87 -23.15 -8.10 50.05 30.46 19.88 21.31 33.90 76.90
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 13%
Compounded Sales Growth
10 Years: 7%
5 Years: 7%
3 Years: 12%
TTM: 20%
Compounded Profit Growth
10 Years: 51%
5 Years: 22%
3 Years: 57%
TTM: 174%
Stock Price CAGR
10 Years: 36%
5 Years: 42%
3 Years: 98%
1 Year: 303%
Return on Equity
10 Years: 5%
5 Years: 10%
3 Years: 10%
Last Year: 17%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 445 426 376 350 320 311 388 427 447 474 548 650
321 335 312 307 298 220 51 43 42 41 2 12
64 70 65 82 102 100 104 97 98 98 153 178
Total Liabilities 841 843 765 751 733 644 556 580 601 627 716 854
444 452 406 389 364 289 262 241 216 219 229 232
CWIP 78 80 66 65 65 25 25 25 26 21 26 51
Investments 0 0 0 0 0 0 0 0 20 19 84 238
319 310 293 297 304 330 269 314 339 368 376 333
Total Assets 841 843 765 751 733 644 556 580 601 627 716 854

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
68 47 59 31 45 78 132 41 37 37 86 156
-67 3 -18 8 -11 -5 57 -17 -58 -8 -77 -182
-1 -46 -44 -39 -35 -73 -162 -9 -1 -1 -1 -3
Net Cash Flow -1 3 -4 0 -1 -0 27 14 -22 28 9 -29
Free Cash Flow 59 46 41 19 35 70 132 41 29 24 69 118
CFO/OP 76% 58% 116% 79% 139% 190% 245% 66% 61% 89% 160% 129%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 51 55 43 46 43 33 21 24 51 49 64 49
Inventory Days 194 219 226 246 286 296 129 118 132 125 97 122
Days Payable 40 38 48 52 72 77 76 47 56 55 89 107
Cash Conversion Cycle 204 236 221 240 257 252 74 95 127 120 72 64
Working Capital Days 54 69 54 25 -1 73 71 82 109 118 86 97
ROCE % 6% 5% 2% 1% 1% 2% 8% 8% 8% 9% 11% 22%

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

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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