Beta Drugs Ltd

Beta Drugs Ltd

₹ 2,085 5.14%
22 Nov - close price
About

Beta Drugs Ltd is engaged in manufacturing of a wide range of oncology (anti-cancer) drugs in India. It has operations in the domestic and export markets.[1]

Key Points

Market Position
The company is ranked among the top 10 oncology companies, and many of its key products are ranked among the top 5 in their respective categories. [1]

  • Market Cap 2,004 Cr.
  • Current Price 2,085
  • High / Low 2,326 / 1,060
  • Stock P/E 48.9
  • Book Value 188
  • Dividend Yield 0.00 %
  • ROCE 32.8 %
  • ROE 26.0 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 35.3% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 28.0%

Cons

  • Stock is trading at 11.1 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend

* 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.

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Half Yearly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
47 44 51 65 88 96 112 115 141 154 180
37 36 41 51 68 73 86 88 108 127 141
Operating Profit 9 8 11 14 20 23 27 26 33 27 39
OPM % 20% 19% 21% 22% 23% 24% 24% 23% 23% 18% 22%
0 0 0 0 0 0 0 0 1 1 2
Interest 1 2 1 1 1 1 1 1 1 1 2
Depreciation 2 2 3 4 3 4 5 6 5 4 6
Profit before tax 7 5 7 9 16 18 21 20 27 22 33
Tax % 27% 14% 21% 30% 28% 27% 25% 25% 25% 25% 25%
5 4 5 7 12 13 16 15 20 17 24
EPS in Rs 5.33 4.46 5.39 6.80 12.22 13.61 16.47 15.48 20.67 17.23 25.42
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
51 66 91 116 184 227 296 335
41 54 73 91 141 174 236 269
Operating Profit 9 12 18 25 43 53 60 66
OPM % 19% 18% 20% 21% 23% 23% 20% 20%
0 0 0 0 1 1 1 2
Interest 1 1 3 2 2 2 3 3
Depreciation 2 3 4 7 7 10 10 10
Profit before tax 7 8 12 16 34 41 49 55
Tax % 1% -2% 21% 27% 28% 25% 25%
7 8 9 12 25 31 36 41
EPS in Rs 7.82 9.30 9.80 12.19 25.83 31.95 37.90 42.65
Dividend Payout % 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 35%
3 Years: 37%
TTM: 31%
Compounded Profit Growth
10 Years: %
5 Years: 35%
3 Years: 46%
TTM: 18%
Stock Price CAGR
10 Years: %
5 Years: 91%
3 Years: 61%
1 Year: 79%
Return on Equity
10 Years: %
5 Years: 26%
3 Years: 28%
Last Year: 26%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 9 9 10 10 10 10 10 10
Reserves 24 32 48 59 83 113 148 171
8 20 23 17 21 20 15 19
9 22 28 31 45 55 82 95
Total Liabilities 50 83 107 118 158 198 254 295
13 18 44 40 55 63 65 66
CWIP 1 15 0 3 0 0 0 0
Investments 0 0 0 1 1 1 0 0
35 50 63 74 102 135 190 229
Total Assets 50 83 107 118 158 198 254 295

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
17 0 8 19 30 23 31
-11 -21 -15 -6 -22 -19 -14
5 12 9 -8 -1 -2 -7
Net Cash Flow 12 -9 2 5 7 2 9

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 104 139 128 106 90 101 98
Inventory Days 37 104 102 100 87 106 122
Days Payable 81 143 119 127 123 139 145
Cash Conversion Cycle 60 100 111 79 53 68 75
Working Capital Days 75 100 95 88 70 88 86
ROCE % 18% 21% 22% 36% 34% 33%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
66.71% 66.71% 66.71% 66.71% 66.71% 66.73% 66.73% 66.73% 66.73% 66.73% 66.73% 66.73%
0.00% 0.00% 0.00% 0.29% 0.29% 0.29% 0.29% 0.32% 0.32% 0.32% 0.90% 1.16%
0.29% 0.29% 0.29% 0.04% 0.04% 0.04% 0.04% 0.02% 0.02% 0.06% 0.12% 0.16%
33.01% 33.00% 33.00% 32.96% 32.96% 32.94% 32.93% 32.93% 32.92% 32.87% 32.25% 31.95%
No. of Shareholders 6757621,2961,4071,4441,4241,4511,7221,9282,1162,3232,567

* 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.

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