Shree Ganesh Remedies Ltd
Shree Ganesh Remedies is engaged in chemical
manufacturing, specialising in pharmaceutical
intermediates and speciality chemicals.[1]
- Market Cap ₹ 859 Cr.
- Current Price ₹ 669
- High / Low ₹ 950 / 558
- Stock P/E 30.6
- Book Value ₹ 104
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 35.1% CAGR over last 5 years
- Promoter holding has increased by 1.17% over last quarter.
Cons
- Stock is trading at 6.45 times its book value
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2024 | |
---|---|---|---|---|
35 | 64 | 49 | 126 | |
26 | 52 | 35 | 84 | |
Operating Profit | 9 | 13 | 14 | 42 |
OPM % | 25% | 20% | 28% | 33% |
1 | 4 | 2 | 3 | |
Interest | 0 | 1 | 0 | 1 |
Depreciation | 1 | 2 | 3 | 6 |
Profit before tax | 9 | 14 | 13 | 38 |
Tax % | 28% | 23% | 25% | 26% |
6 | 10 | 10 | 28 | |
EPS in Rs | 4.88 | 8.18 | 7.62 | 21.96 |
Dividend Payout % | 18% | 13% | 18% | 2% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 29% |
3 Years: | 37% |
TTM: | % |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 35% |
3 Years: | 42% |
TTM: | % |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 62% |
3 Years: | 26% |
1 Year: | 10% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|
Equity Capital | 9 | 9 | 13 | 13 |
Reserves | 25 | 33 | 109 | 120 |
1 | 4 | 36 | 34 | |
7 | 9 | 12 | 11 | |
Total Liabilities | 41 | 55 | 171 | 178 |
14 | 20 | 81 | 97 | |
CWIP | 0 | 0 | 17 | 3 |
Investments | 4 | 3 | 5 | 7 |
23 | 32 | 69 | 72 | |
Total Assets | 41 | 55 | 171 | 178 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2024 | |
---|---|---|---|---|
-5 | 5 | 3 | 30 | |
-0 | -3 | -1 | -33 | |
-0 | -0 | -1 | 10 | |
Net Cash Flow | -5 | 1 | 2 | 7 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2024 | |
---|---|---|---|---|
Debtor Days | 101 | 101 | 59 | |
Inventory Days | 125 | 61 | 156 | |
Days Payable | 75 | 43 | 51 | |
Cash Conversion Cycle | 151 | 119 | 164 | |
Working Capital Days | 149 | 115 | 110 | |
ROCE % | 35% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 12 Nov
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
10 Nov - Audio recording of earnings call on November 8, 2024.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
4 Nov - Q2 & H1FY25 Earnings Conference Call Invitation
- Announcement under Regulation 30 (LODR)-Newspaper Publication 31 Oct
-
Announcement under Regulation 30 (LODR)-Investor Presentation
30 Oct - Investor presentation for Q2 & H1FY25 results.
Evolution of Business[1]
The company is changing its focus from Intermediates for Off-patent and generic drugs towards patented molecules requiring strong technical know how. The revenue contribution from Intermediates has also shifted from 90% to <60%.