Pfizer Ltd
Pfizer Ltd is engaged in manufacturing, marketing, trading and export of pharmaceutical products. It manufactures products through its own facility and also has various independent contract/ third party manufacturers based across the country and sells its products through independent distributors primarily in India.[1]
It is the 3rd largest multinational pharmaceutical company in India.[2]
- Market Cap ₹ 20,463 Cr.
- Current Price ₹ 4,473
- High / Low ₹ 5,000 / 3,720
- Stock P/E 37.5
- Book Value ₹ 786
- Dividend Yield 0.78 %
- ROCE 21.9 %
- ROE 16.0 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 28.2%
Cons
- The company has delivered a poor sales growth of 1.05% 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.
Peer comparison
Sector: Pharmaceuticals Industry: Pharmaceuticals - Multinational
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,049 | 1,112 | 1,853 | 2,012 | 1,966 | 1,969 | 2,082 | 2,152 | 2,239 | 2,611 | 2,425 | 2,193 | |
865 | 872 | 1,438 | 1,579 | 1,616 | 1,468 | 1,516 | 1,578 | 1,526 | 1,775 | 1,616 | 1,558 | |
Operating Profit | 184 | 239 | 414 | 433 | 350 | 501 | 566 | 574 | 712 | 836 | 809 | 635 |
OPM % | 18% | 22% | 22% | 22% | 18% | 25% | 27% | 27% | 32% | 32% | 33% | 29% |
519 | 109 | 44 | 97 | 232 | 114 | 167 | 183 | 81 | 63 | 134 | 188 | |
Interest | 2 | 1 | 2 | 1 | 2 | 1 | 2 | 11 | 15 | 11 | 13 | 15 |
Depreciation | 8 | 8 | 250 | 58 | 63 | 66 | 71 | 103 | 109 | 115 | 106 | 62 |
Profit before tax | 694 | 340 | 207 | 470 | 517 | 548 | 660 | 642 | 669 | 773 | 824 | 746 |
Tax % | 27% | 35% | 66% | 35% | 35% | 34% | 35% | 21% | 26% | 21% | 24% | 26% |
503 | 221 | 70 | 305 | 337 | 360 | 429 | 509 | 498 | 613 | 624 | 551 | |
EPS in Rs | 168.62 | 74.01 | 15.26 | 66.67 | 73.62 | 78.71 | 93.79 | 111.29 | 108.77 | 133.90 | 136.38 | 120.52 |
Dividend Payout % | 19% | 486% | 82% | 22% | 27% | 25% | 24% | 297% | 32% | 26% | 29% | 29% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 1% |
3 Years: | -1% |
TTM: | -10% |
Compounded Profit Growth | |
---|---|
10 Years: | 10% |
5 Years: | 5% |
3 Years: | 3% |
TTM: | -9% |
Stock Price CAGR | |
---|---|
10 Years: | 14% |
5 Years: | 8% |
3 Years: | -5% |
1 Year: | 16% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 18% |
3 Years: | 19% |
Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 30 | 30 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 |
Reserves | 1,665 | 629 | 1,927 | 2,118 | 2,373 | 2,637 | 2,966 | 3,350 | 2,347 | 2,819 | 3,162 | 3,550 |
0 | 0 | 2 | 2 | 2 | 2 | 2 | 2 | 63 | 39 | 41 | 40 | |
365 | 318 | 638 | 722 | 840 | 1,004 | 926 | 1,007 | 810 | 997 | 752 | 593 | |
Total Liabilities | 2,060 | 977 | 2,614 | 2,888 | 3,261 | 3,690 | 3,940 | 4,405 | 3,266 | 3,901 | 4,001 | 4,229 |
26 | 20 | 944 | 925 | 902 | 950 | 886 | 973 | 894 | 869 | 749 | 713 | |
CWIP | 0 | 3 | 13 | 3 | 15 | 1 | 0 | 1 | 3 | 1 | 8 | 0 |
Investments | 46 | 44 | 43 | 37 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
1,988 | 909 | 1,614 | 1,923 | 2,343 | 2,739 | 3,054 | 3,432 | 2,369 | 3,030 | 3,244 | 3,516 | |
Total Assets | 2,060 | 977 | 2,614 | 2,888 | 3,261 | 3,690 | 3,940 | 4,405 | 3,266 | 3,901 | 4,001 | 4,229 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-16 | 132 | 113 | 345 | 329 | 332 | 98 | 323 | 427 | 667 | 356 | 257 | |
626 | 103 | 68 | -701 | -250 | -238 | 35 | 1,530 | -469 | -575 | -36 | 54 | |
-43 | -1,360 | -1 | -62 | -83 | -110 | -110 | -164 | -1,571 | -181 | -346 | -235 | |
Net Cash Flow | 567 | -1,125 | 181 | -417 | -3 | -17 | 23 | 1,690 | -1,613 | -88 | -26 | 75 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 49 | 57 | 32 | 26 | 20 | 29 | 30 | 29 | 18 | 20 | 23 | 31 |
Inventory Days | 181 | 148 | 191 | 167 | 148 | 147 | 189 | 198 | 199 | 173 | 175 | 200 |
Days Payable | 165 | 156 | 165 | 157 | 178 | 245 | 213 | 197 | 130 | 102 | 91 | 77 |
Cash Conversion Cycle | 65 | 49 | 58 | 36 | -10 | -69 | 6 | 31 | 87 | 91 | 107 | 154 |
Working Capital Days | 7 | 25 | 7 | -9 | -46 | -57 | -15 | -7 | 13 | -8 | 7 | 36 |
ROCE % | 19% | 29% | 24% | 22% | 17% | 21% | 23% | 20% | 23% | 29% | 26% |
Documents
Announcements
- Statement Of Related Party Transactions For The Half Year Ended March 31, 2024. 17 May
- Corporate Action-Board approves Dividend 17 May
- Board Meeting Outcome for Audited Financial Results And Audit Report For The Financial Year Ended March 31, 2024 - Outcome Of The Board Meeting 17 May
- Board Meeting Intimation for Considering And To Take On Record The Audited Financial Results Of The Company And Recommendation Of Dividend, If Any, For The Financial Year Ended March 31, 2024. 6 May
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Intimation Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015.
2 May - Company has received an order from Assistant Commissioner, GST & Central Excise, Bhubaneswar-II Division on May 1, 2024.
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Concalls
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Aug 2020TranscriptPPT
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May 2017TranscriptPPT
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Feb 2017TranscriptPPT
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Nov 2016TranscriptPPT
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Aug 2016TranscriptPPT
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May 2016TranscriptPPT
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Feb 2016TranscriptPPT
Product Portfolio
Presently, the company sells ~150 different products across 15+ therapeutic areas viz. anti-allergic, anti-diabetic, anti-infectives, cardiovascular, gastrointestinal, neurology, pain, respiratory, vitamin/minerals, antibiotics, etc.[1][2]