Vineet Laboratories Ltd
Incorporated in 2003, Vineet Laboratories Ltd is in designing, developing, manufacturing of API Intermediates and Bulk Drugs
- Market Cap ₹ 46.8 Cr.
- Current Price ₹ 50.8
- High / Low ₹ 89.0 / 44.6
- Stock P/E 17.6
- Book Value ₹ 37.8
- Dividend Yield 0.00 %
- ROCE 8.69 %
- ROE 3.74 %
- Face Value ₹ 10.0
Pros
Cons
- Promoter holding has decreased over last quarter: -1.11%
- Promoter holding is low: 37.6%
- Company has a low return on equity of 12.6% over last 3 years.
- Working capital days have increased from 40.5 days to 65.8 days
* 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
Sector: Pharmaceuticals Industry: Pharmaceuticals - Indian - Bulk Drugs & Formln
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|
0 | 243 | 191 | 212 | 171 | |
0 | 235 | 178 | 205 | 161 | |
Operating Profit | -0 | 8 | 13 | 8 | 10 |
OPM % | 3% | 7% | 4% | 6% | |
0 | 0 | 0 | 0 | 0 | |
Interest | 0 | 3 | 2 | 3 | 3 |
Depreciation | 0 | 2 | 2 | 2 | 2 |
Profit before tax | -0 | 4 | 9 | 2 | 4 |
Tax % | 0% | 56% | 29% | 38% | |
-0 | 2 | 7 | 1 | 3 | |
EPS in Rs | -0.24 | 1.93 | 7.20 | 1.36 | 2.87 |
Dividend Payout % | 0% | 0% | 14% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -19% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 403% |
TTM: | 170% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 5% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 13% |
Last Year: | 4% |
Balance Sheet
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|
Equity Capital | 0 | 9 | 9 | 9 | 9 |
Reserves | -0 | 17 | 24 | 24 | 26 |
0 | 12 | 27 | 31 | 41 | |
0 | 70 | 74 | 51 | 47 | |
Total Liabilities | 0 | 109 | 133 | 116 | 122 |
0 | 20 | 21 | 27 | 26 | |
CWIP | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 |
0 | 89 | 112 | 89 | 96 | |
Total Assets | 0 | 109 | 133 | 116 | 122 |
Cash Flows
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
0 | 27 | 8 | -10 | |
0 | -8 | -4 | -7 | |
0 | 19 | 12 | 0 | |
Net Cash Flow | 0 | 38 | 16 | -16 |
Ratios
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
Debtor Days | 64 | 69 | 60 | |
Inventory Days | 73 | 109 | 98 | |
Days Payable | 114 | 161 | 74 | |
Cash Conversion Cycle | 23 | 17 | 84 | |
Working Capital Days | 28 | 28 | 66 | |
ROCE % | 34% | 23% | 9% |
Documents
Announcements
- Certificate Under Regulation 40(9) And 40(10) Of The Securities Exchange Board Of India (LODR) Regulations, 2015 13 Apr
- Compliance Certificate Under Regulation 7(3) Of SEBI (LODR) Regulations, 2015 For The Financial Year Ended On March 31, 2024. 12 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
12 Apr - Certificate issued by Venture capital and Corporate Investments Private Limited for the fourth quarter and financial year ended on March 31, 2024
- Closure of Trading Window 29 Mar
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Feb - Newspaper Publication of the Unaudited Financial Results for the Third Quarter and Nine months ended on December 31, 2023.
Product Profile:
a) API Intermediates:[1] Lopinavir, Ritonavir, Efavirenz, Nadolol, Glimepiride, Celecoxib, Piroctone Olanine
b) Fine Chemicals and Reagents:[2] IPTG, PNPP, X-Gal, ATCA, Butyl Lithium, Furaldehyde, Butylnitrite, Aminouracil, etc.