Veerhealth Care Ltd

Veerhealth Care Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Veerhealth Care Ltd

₹ 18.2 0.50%
22 Nov - close price
veerhealthcare.net BSE: 511523
About

Incorporated in 1992, Veer Healthcare Ltd (formerly Niyati Leasing Ltd) is engaged in
the business of trading and manufacturing and marketing research based ayurvedic medicines

Key Points

Service Offered[1]
Contract Manufacturing, White Labelling, Product Development and Custom Formulation

Website BSE
  • Market Cap ₹ 36.5 Cr.
  • Current Price ₹ 18.2
  • High / Low ₹ 30.1 / 13.6
  • Stock P/E 608
  • Book Value ₹ 11.1
  • Dividend Yield 0.00 %
  • ROCE 5.96 %
  • ROE 1.90 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 30.4%
  • Company has a low return on equity of 3.60% over last 3 years.
  • Earnings include an other income of Rs.1.02 Cr.
  • Debtor days have increased from 72.4 to 108 days.
  • Promoter holding has decreased over last 3 years: -11.5%
  • Working capital days have increased from 191 days to 289 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 - Formulations

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Quarterly Results

Figures in Rs. Crores

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
2.47 2.65 2.01 2.86 3.93 2.75 3.73 3.58 3.83 2.87 3.37 2.06 5.15
2.66 2.77 2.55 2.65 4.01 2.58 3.36 3.15 3.62 2.70 3.20 2.08 4.67
Operating Profit -0.19 -0.12 -0.54 0.21 -0.08 0.17 0.37 0.43 0.21 0.17 0.17 -0.02 0.48
OPM % -7.69% -4.53% -26.87% 7.34% -2.04% 6.18% 9.92% 12.01% 5.48% 5.92% 5.04% -0.97% 9.32%
0.37 0.44 0.63 0.05 0.42 0.35 0.28 0.15 0.42 0.24 0.17 0.36 0.25
Interest 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.11
Depreciation 0.13 0.13 0.13 0.15 0.15 0.16 0.16 0.18 0.18 0.18 0.18 0.19 0.20
Profit before tax 0.04 0.19 -0.04 0.11 0.19 0.36 0.49 0.40 0.45 0.23 0.16 0.15 0.42
Tax % 25.00% 10.53% 775.00% 18.18% 26.32% 8.33% -112.24% 15.00% 13.33% 17.39% 443.75% 20.00% 28.57%
0.03 0.17 -0.35 0.09 0.14 0.33 1.04 0.34 0.39 0.19 -0.55 0.12 0.30
EPS in Rs 0.02 0.12 -0.25 0.06 0.10 0.24 0.52 0.17 0.20 0.10 -0.28 0.06 0.15
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
3.16 3.52 1.33 2.14 1.89 5.17 5.98 11.72 10.62 9.64 13.28 13.22 13.45
3.14 3.47 1.48 2.16 2.25 5.29 5.54 11.04 10.56 10.46 12.78 12.61 12.65
Operating Profit 0.02 0.05 -0.15 -0.02 -0.36 -0.12 0.44 0.68 0.06 -0.82 0.50 0.61 0.80
OPM % 0.63% 1.42% -11.28% -0.93% -19.05% -2.32% 7.36% 5.80% 0.56% -8.51% 3.77% 4.61% 5.95%
0.00 0.01 0.48 0.38 0.72 0.72 0.29 0.48 1.20 1.67 1.24 1.39 1.02
Interest 0.00 0.00 0.06 0.13 0.10 0.07 0.03 0.19 0.22 0.09 0.00 0.01 0.11
Depreciation 0.02 0.02 0.11 0.21 0.23 0.27 0.32 0.32 0.47 0.52 0.62 0.71 0.75
Profit before tax 0.00 0.04 0.16 0.02 0.03 0.26 0.38 0.65 0.57 0.24 1.12 1.28 0.96
Tax % 25.00% 62.50% 100.00% 33.33% 42.31% 57.89% 50.77% 35.09% 129.17% -41.07% 68.75%
0.01 0.03 0.06 0.01 0.02 0.14 0.16 0.32 0.38 -0.07 1.58 0.41 0.06
EPS in Rs 0.01 0.02 0.04 0.01 0.01 0.10 0.12 0.23 0.27 -0.05 0.79 0.21 0.03
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 14%
5 Years: 17%
3 Years: 8%
TTM: -3%
Compounded Profit Growth
10 Years: 30%
5 Years: 21%
3 Years: 3%
TTM: -97%
Stock Price CAGR
10 Years: 1%
5 Years: 32%
3 Years: 49%
1 Year: 1%
Return on Equity
10 Years: 2%
5 Years: 3%
3 Years: 4%
Last Year: 2%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 6.90 6.93 6.93 6.93 6.93 6.93 6.93 6.93 6.93 6.93 10.00 20.00 20.00
Reserves 5.85 5.81 5.86 5.88 5.92 6.17 6.35 6.82 7.11 7.02 11.43 1.84 2.26
0.00 0.00 1.01 1.08 -0.17 1.21 0.94 2.48 1.73 0.00 0.00 0.00 0.00
1.73 0.18 0.24 0.23 0.37 0.42 1.94 1.76 2.96 6.20 3.82 6.28 8.71
Total Liabilities 14.48 12.92 14.04 14.12 13.05 14.73 16.16 17.99 18.73 20.15 25.25 28.12 30.97
0.15 4.90 2.07 2.71 2.52 5.54 5.46 9.45 9.48 10.54 12.01 11.97 14.81
CWIP 0.00 0.00 0.00 0.00 0.00 0.24 2.19 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.31
14.32 8.02 11.97 11.41 10.53 8.95 8.51 8.54 9.25 9.61 13.24 16.15 15.85
Total Assets 14.48 12.92 14.04 14.12 13.05 14.73 16.16 17.99 18.73 20.15 25.25 28.12 30.97

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-7.35 3.88 -3.73 0.00 1.69 1.76 1.98 -0.36 1.00 1.81 -0.70 2.90
7.58 -4.26 3.85 -0.01 -0.44 -3.02 -1.90 -1.67 -0.09 -1.09 -1.79 -0.28
0.00 0.00 0.00 0.00 -1.33 1.31 0.02 1.85 -0.83 -0.42 5.69 -5.99
Net Cash Flow 0.23 -0.38 0.12 -0.01 -0.08 0.06 0.10 -0.17 0.09 0.30 3.21 -3.37

Ratios

Figures in Rs. Crores

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 197.52 8.30 255.23 151.80 117.80 64.95 45.17 29.27 52.93 58.31 50.57 108.23
Inventory Days 61.24 11.66 230.00 444.35 477.31 93.49 77.82 54.35 76.21 102.76 95.65 53.17
Days Payable 208.22 10.50 55.00 31.74 68.63 18.90 145.44 37.12 42.24 112.46 20.16 82.04
Cash Conversion Cycle 50.54 9.46 430.23 564.41 526.48 139.54 -22.46 46.51 86.90 48.61 126.06 79.36
Working Capital Days 1,060.35 474.91 2,220.19 1,118.88 1,479.31 465.25 65.92 159.14 188.34 127.60 158.31 288.52
ROCE % 0.00% 0.31% -0.15% 1.08% 0.98% 2.45% 2.87% 5.52% 4.94% 2.22% 6.33% 5.96%

Shareholding Pattern

Numbers in percentages

7 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
41.93% 42.34% 44.31% 44.36% 44.36% 30.76% 30.76% 30.76% 30.76% 30.41% 30.41% 30.41%
58.07% 57.66% 55.69% 55.65% 55.65% 69.22% 69.24% 69.23% 69.24% 69.59% 69.58% 69.59%
No. of Shareholders 3,4623,6423,5663,5903,6553,6053,6166,8186,87410,99110,25511,489

Documents

Announcements

Annual reports

Concalls