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Alembic Pharma

₹1035 -1.3 | 0.1%

Market Cap ₹20344 Cr.

Stock P/E 33.0

P/B 4

Current Price ₹1035

Book Value ₹ 256

Face Value 2

52W High ₹1296.2

Dividend Yield 1.06%

52W Low ₹ 750.3

Alembic Pharma Research see more...

Overview Inc. Year: 2010Industry: Pharmaceuticals & Drugs

Alembic Pharmaceuticals Ltd is a pharmaceutical organisation. The Company is engaged developing formulations and active pharmaceutical ingredients (API). The Company specializes in analgesic, cough anti-infective, and cold therapies. It additionally focuses on cures, including gastrointestinal, orthopedic, dermatology, cardiology, diabetes, gynecology, and ophthalmology. Its APIs consist of independent production blocks for Macrolides, non-steroidal anti-inflammatory pills (NSAIDs) and different capsules. The Company gives global and home formulations. Under home components, it offers Branded Formulations and Generic formulations. Its domestic formula include Revas H, Lactonic, Folinal, Gestofit, Roxid, Zofix, Althrocin, Tellzy AH, Glisen 1/2, Glimser 1/2, Veldrop, Azithral, Brinzemic and Neolap. Its usual formulations include Alcephin, Alcizon, Baciclox, Comeba, Furobid, Cetral, Ephedrex CD, Sicor, Worid, O Win Suspension, O win T, Silomag Gel, Pentab, Aginal AT and Pyremol.

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Alembic Pharma Share Price

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Alembic Pharma Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

Alembic Pharma Profit & Loss

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
Net Sales 1844 2019 3009 2986 2945 3660 4133 5067 5035 5149 5874
Other Income 4 6 42 3 41 26 146 84 51 4 32
Total Income 1848 2025 3051 2989 2986 3686 4279 5151 5087 5153 5906
Total Expenditure 1485 1614 2061 2353 2347 2801 2941 3618 4127 4485 4876
Operating Profit 363 410 990 636 639 885 1338 1533 960 668 1030
Interest 10 3 4 3 2 15 25 13 17 49 54
Depreciation 40 44 72 83 102 106 136 183 285 273 271
Exceptional Income / Expenses 0 0 0 0 0 0 -10 0 0 0 0
Profit Before Tax 312 363 914 550 535 765 1167 1338 658 346 704
Provision for Tax 74 76 215 119 113 153 197 241 114 -1 38
Profit After Tax 238 287 699 431 422 611 969 1097 544 347 666
Adjustments 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 238 287 699 431 422 611 969 1097 544 347 666
Adjusted Earnings Per Share 12.6 15.2 37.1 22.8 22.4 32.4 51.4 55.8 27.7 17.6 33.9

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 14% 5% 10% 12%
Operating Profit CAGR 54% -12% 3% 11%
PAT CAGR 92% -15% 2% 11%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 33% 10% 14% 9%
ROE Average 14% 11% 18% 28%
ROCE Average 15% 11% 17% 30%

Alembic Pharma Balance Sheet

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Shareholder's Funds 630 834 1531 1867 2195 2712 3346 5102 5290 4414 4909
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 52 19 0 0 500 499 887 200 0 0 0
Other Non-Current Liabilities 42 54 84 101 85 97 192 203 204 87 84
Total Current Liabilities 593 829 763 659 1012 1398 1650 1378 1694 1551 1368
Total Liabilities 1317 1735 2378 2627 3791 4706 6075 6883 7189 6052 6361
Fixed Assets 397 489 697 799 918 1077 1268 1774 1771 2377 2536
Other Non-Current Assets 96 181 160 487 1084 1636 2459 2375 2558 895 796
Total Current Assets 824 1065 1521 1341 1789 1993 2348 2734 2859 2780 3030
Total Assets 1317 1735 2378 2627 3791 4706 6075 6883 7189 6052 6361

Alembic Pharma Cash Flow

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Opening Cash & Cash Equivalents 4 5 1 281 1 9 144 36 54 14 22
Cash Flow from Operating Activities 263 180 848 327 305 809 540 1388 545 730 773
Cash Flow from Investing Activities -111 -199 -292 -511 -794 -754 -822 -836 -369 -461 -329
Cash Flow from Financing Activities -151 17 -276 -96 498 80 166 -534 -217 -261 -445
Net Cash Inflow / Outflow 1 -1 280 -280 9 135 -116 19 -40 8 -2
Closing Cash & Cash Equivalent 5 4 281 1 9 144 28 54 14 22 20

Alembic Pharma Ratios

# Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Earnings Per Share (Rs) 12.64 15.2 37.07 22.85 22.39 32.42 51.43 55.79 27.65 17.64 33.91
CEPS(Rs) 14.79 17.56 40.88 27.24 27.79 38.03 58.62 65.08 42.15 31.53 47.7
DPS(Rs) 3 3.5 4 4 4 5.5 10 14 10 8 11
Book NAV/Share(Rs) 33.4 44.22 81.21 99.06 116.43 143.89 177.51 259.57 269.16 224.59 249.75
Core EBITDA Margin(%) 19.36 19.9 31.49 21.18 20.32 23.48 28.84 28.6 18.05 12.9 16.99
EBIT Margin(%) 17.41 17.99 30.5 18.52 18.25 21.3 28.84 26.66 13.41 7.67 12.92
Pre Tax Margin(%) 16.85 17.84 30.38 18.41 18.17 20.89 28.23 26.4 13.07 6.72 11.99
PAT Margin (%) 12.87 14.09 23.22 14.42 14.33 16.7 23.46 21.64 10.79 6.73 11.35
Cash Profit Margin (%) 15.06 16.27 25.61 17.2 17.78 19.58 26.74 25.24 16.45 12.04 15.96
ROA(%) 19.84 18.78 33.98 17.21 13.15 14.39 17.98 16.92 7.73 5.24 10.74
ROE(%) 43.74 39.17 59.11 25.35 20.78 24.91 32 25.96 10.46 7.15 14.3
ROCE(%) 46.52 41.44 71.75 32.46 22.91 23.66 27.08 25.4 11.72 7.2 14.62
Receivable days 48.59 53.7 43.03 51.27 67.48 57.91 58.46 43.44 51.11 77.61 78.96
Inventory Days 56.93 62.2 55.57 67.74 77.12 77.85 86.76 86.99 99.26 94.7 81.66
Payable days 150.23 170.75 174.32 185.32 210.84 196.12 151.1 128.78 133.3 128.19 123.25
PER(x) 22.46 29.81 16.2 27.3 24.56 16.36 10.38 17.3 26.81 28.11 28.97
Price/Book(x) 8.5 10.25 7.4 6.3 4.72 3.69 3.01 3.72 2.75 2.21 3.93
Dividend Yield(%) 1.06 0.77 0.67 0.64 0.73 1.04 1.87 1.45 1.35 1.61 1.12
EV/Net Sales(x) 2.96 4.33 3.67 3.94 3.72 2.98 2.83 3.83 3.01 2.01 3.35
EV/Core EBITDA(x) 15.04 21.28 11.15 18.49 17.16 12.33 8.75 12.66 15.81 15.5 19.13
Net Sales Growth(%) 23.53 9.5 49.04 -0.77 -1.36 24.28 12.9 22.61 -0.62 2.26 14.08
EBIT Growth(%) 45.1 13.55 150.73 -39.75 -2.8 45.04 52.92 13.32 -50.03 -41.49 92.11
PAT Growth(%) 51.35 20.28 143.79 -38.37 -2.01 44.84 58.6 13.12 -50.43 -36.21 92.22
EPS Growth(%) 51.35 20.28 143.81 -38.37 -2.01 44.84 58.6 8.48 -50.43 -36.21 92.22
Debt/Equity(x) 0.17 0.23 0 0 0.28 0.39 0.5 0.1 0.12 0.14 0.09
Current Ratio(x) 1.39 1.28 1.99 2.04 1.77 1.43 1.42 1.98 1.69 1.79 2.21
Quick Ratio(x) 0.87 0.82 1.34 1.16 1.11 0.79 0.77 1.01 0.86 0.97 1.23
Interest Cover(x) 30.99 116.7 249.37 172.25 242.09 52.42 47.32 104.06 39.66 8.06 13.93
Total Debt/Mcap(x) 0.02 0.02 0 0 0.06 0.11 0.17 0.03 0.04 0.07 0.02

Alembic Pharma Shareholding Pattern

# Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Promoter 69.61 69.61 69.61 69.61 69.61 69.61 69.61 69.61 69.61 69.61
FII 5.94 5.32 4.99 4.55 4.34 4.5 4.52 4.46 4.32 3.94
DII 12.15 12.54 12.76 13.31 13.64 14.22 14.5 15.39 15.47 16.05
Public 12.3 12.53 12.65 12.53 12.4 11.67 11.37 10.54 10.6 10.4
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Debtor days have improved from 128.19 to 123.25days.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 11% over the last 3 years.
  • Stock is trading at 4 times its book value.
  • The company has delivered a poor profit growth of 1% over past five 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.

Alembic Pharma News

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