Zenith Health Care Ltd

₹ 5.74 1.77%

24 Dec 9:07 a.m.

About

Incorporated in 1993, Zenith Healthcare Ltd is engaged in trading and manufacturing of pharmaceutical products.

Key Points

Product Profile:^[1]
a) Pharmaceutical Pills: Alprazolam & Propranolol HCL Tablets, Pantoprazole Sodium Levosulpiride Capsules, Vicadol, Mdzime
b) Pharmaceutical Syrup And Protein Powder: Azithromycin Dihydrate Suspension, Cofzen Syrup, Domperidone Suspension, Zenoset Syrup, Valprex Syrup
c) Oral Rehydration Salt: Albendazole Oral Suspension, Erythromycin Oral Suspension
d) Sertraline Tablets: Alprazolam & Sertraline Tablets
e) Antipsychotic: Loxapine Drops
f) Omeprazole Capsules

Website BSE

Market Cap ₹ 30.8 Cr.
Current Price ₹ 5.74
High / Low ₹ 6.87 / 3.61
Stock P/E 514
Book Value ₹ 1.41
Dividend Yield 0.00 %
ROCE 3.98 %
ROE 2.75 %
Face Value ₹ 1.00

Add ratio to table

Edit ratios

Pros

Company is almost debt free.
Company's working capital requirements have reduced from 75.6 days to 59.0 days

Cons

Stock is trading at 4.00 times its book value
Though the company is reporting repeated profits, it is not paying out dividend
The company has delivered a poor sales growth of 8.04% over past five years.
Promoter holding is low: 28.7%
Company has a low return on equity of 2.75% 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.

Peer comparison

Sector: Pharmaceuticals Industry: Pharmaceuticals - Indian - Formulations

Edit Columns

Loading peers table ...

Detailed Comparison with:

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
	5.01	4.57	7.99	5.36	2.59	3.78	1.65	4.07	3.49	3.89	3.07	2.57	3.03
	4.88	4.38	7.77	5.16	2.45	3.61	1.89	3.76	3.36	3.79	3.35	2.45	2.89
Operating Profit	0.13	0.19	0.22	0.20	0.14	0.17	-0.24	0.31	0.13	0.10	-0.28	0.12	0.14
OPM %	2.59%	4.16%	2.75%	3.73%	5.41%	4.50%	-14.55%	7.62%	3.72%	2.57%	-9.12%	4.67%	4.62%
	0.08	0.00	0.00	0.00	0.00	0.00	0.13	0.00	0.04	0.06	0.12	0.08	0.08
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.00	0.00	0.00
Depreciation	0.08	0.10	0.10	0.07	0.07	0.07	0.07	0.05	0.06	0.05	0.05	0.04	0.04
Profit before tax	0.13	0.09	0.12	0.13	0.07	0.10	-0.18	0.26	0.11	0.10	-0.21	0.16	0.18
Tax %	0.00%	0.00%	241.67%	0.00%	0.00%	0.00%	22.22%	0.00%	0.00%	0.00%	33.33%	0.00%	44.44%
	0.13	0.10	-0.18	0.13	0.07	0.10	-0.22	0.26	0.12	0.10	-0.29	0.16	0.09
EPS in Rs	0.02	0.02	-0.03	0.02	0.01	0.02	-0.04	0.05	0.02	0.02	-0.05	0.03	0.02
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
	4.01	3.27	3.64	3.46	4.79	9.51	9.83	11.98	13.74	22.36	13.13	14.47	12.56
	4.15	3.54	3.68	3.69	4.73	8.95	9.63	11.43	13.38	21.91	13.10	14.24	12.48
Operating Profit	-0.14	-0.27	-0.04	-0.23	0.06	0.56	0.20	0.55	0.36	0.45	0.03	0.23	0.08
OPM %	-3.49%	-8.26%	-1.10%	-6.65%	1.25%	5.89%	2.03%	4.59%	2.62%	2.01%	0.23%	1.59%	0.64%
	0.32	0.10	0.05	0.12	0.08	0.13	0.21	0.30	0.46	0.52	0.38	0.27	0.34
Interest	0.00	0.00	0.01	0.01	0.01	0.01	0.00	0.01	0.01	0.01	0.01	0.01	0.01
Depreciation	0.17	0.24	0.35	0.35	0.30	0.28	0.25	0.25	0.25	0.36	0.28	0.21	0.18
Profit before tax	0.01	-0.41	-0.35	-0.47	-0.17	0.40	0.16	0.59	0.56	0.60	0.12	0.28	0.23
Tax %	100.00%	-31.71%	-31.43%	-36.17%	-11.76%	32.50%	18.75%	3.39%	19.64%	48.33%	33.33%	25.00%
	0.01	-0.27	-0.24	-0.31	-0.15	0.27	0.14	0.57	0.44	0.31	0.08	0.20	0.06
EPS in Rs	0.00	-0.05	-0.04	-0.06	-0.03	0.05	0.03	0.11	0.08	0.06	0.01	0.04	0.02
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:	16%
5 Years:	8%
3 Years:	2%
TTM:	-3%

Compounded Profit Growth
10 Years:	11%
5 Years:	7%
3 Years:	-23%
TTM:	-77%

Stock Price CAGR
10 Years:	23%
5 Years:	36%
3 Years:	-8%
1 Year:	18%

Return on Equity
10 Years:	2%
5 Years:	5%
3 Years:	3%
Last Year:	3%

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	5.37	5.37	5.37	5.37	5.37	5.37	5.37	5.37	5.37	5.37	5.37	5.37	5.37
Reserves	0.95	0.68	0.48	0.17	0.02	0.29	0.43	1.03	1.47	1.78	1.86	1.96	2.21
	0.00	0.00	0.00	0.00	0.00	0.00	0.02	0.00	0.00	0.00	0.00	0.00	0.00
	0.80	0.78	0.60	1.04	0.74	1.43	1.14	2.14	1.92	4.52	2.02	2.42	2.94
Total Liabilities	7.12	6.83	6.45	6.58	6.13	7.09	6.96	8.54	8.76	11.67	9.25	9.75	10.52
	1.62	1.37	2.17	1.93	1.75	1.81	1.62	1.70	1.80	1.75	1.50	1.40	1.67
CWIP	0.00	0.79	0.00	0.00	0.00	0.00	0.00	0.17	0.00	0.00	0.00	0.00	0.00
Investments	0.20	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	5.30	4.67	4.28	4.65	4.38	5.28	5.34	6.67	6.96	9.92	7.75	8.35	8.85
Total Assets	7.12	6.83	6.45	6.58	6.13	7.09	6.96	8.54	8.76	11.67	9.25	9.75	10.52

Cash Flows

Figures in Rs. Crores

	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
	0.01	-0.07	0.19	0.23	0.23	-0.06	1.95	-1.47	1.32	-0.92	1.74
	-0.07	-0.44	-0.14	0.01	-0.12	-0.05	-0.50	-0.19	-0.23	-0.03	-0.11
	-0.01	0.00	0.00	0.00	0.00	0.02	-0.02	0.00	0.00	0.00	0.00
Net Cash Flow	-0.07	-0.51	0.05	0.24	0.11	-0.09	1.44	-1.65	1.09	-0.95	1.63

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	212.08	218.78	183.50	132.92	84.58	54.88	33.79	31.08	44.89	53.05	64.22	50.70
Inventory Days	146.30	192.90	170.89	297.41	179.91	102.66	125.86	99.18	145.11	104.78	147.45	91.25
Days Payable	105.58	132.38	86.27	177.67	78.95	82.53	47.61	84.31	71.22	37.63	51.11	33.64
Cash Conversion Cycle	252.81	279.29	268.12	252.65	185.54	75.01	112.04	45.95	118.78	120.21	160.55	108.31
Working Capital Days	258.50	296.91	246.68	208.87	136.40	82.13	96.91	48.14	98.02	50.93	116.76	59.03
ROCE %	-3.01%	-6.79%	-5.71%	-8.08%	-2.93%	7.42%	2.79%	9.82%	8.61%	8.72%	1.81%	3.98%

Shareholding Pattern

Numbers in percentages

	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
	28.74%	28.74%	28.74%	28.74%	28.74%	28.74%	28.74%	28.74%	28.74%	28.74%	28.74%	28.74%
	0.39%	0.39%	0.39%	0.39%	0.39%	0.39%	0.39%	0.39%	0.39%	0.39%	0.39%	0.39%
	70.87%	70.87%	70.87%	70.87%	70.87%	70.87%	70.86%	70.87%	70.86%	70.86%	70.87%	70.86%
No. of Shareholders	32,818	36,312	36,312	35,424	34,879	34,329	33,591	33,147	33,326	33,879	33,886	36,491

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
	28.74%	28.74%	28.74%	28.74%	28.74%	28.74%	28.74%	28.74%	28.74%
	0.39%	0.39%	0.39%	0.39%	0.39%	0.39%	0.39%	0.39%	0.39%
	70.87%	70.87%	70.87%	70.87%	70.87%	70.87%	70.87%	70.86%	70.86%
No. of Shareholders	8,846	8,789	10,167	10,235	26,430	36,312	34,329	33,879	36,491

* 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.

Documents

Announcements

All

Zenith Health Care Ltd

Zenith Health Care Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Shareholding Pattern

Documents

Announcements

Annual reports