Emcure Pharmaceuticals Ltd
Incorporated in 1981, Emcure Pharmaceuticals
Ltd manufactures and markets pharmaceutical products globally[1]
- Market Cap ₹ 25,753 Cr.
- Current Price ₹ 1,360
- High / Low ₹ 1,580 / 1,225
- Stock P/E 159
- Book Value ₹ 150
- Dividend Yield 0.00 %
- ROCE 10.3 %
- ROE 8.60 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has been maintaining a healthy dividend payout of 19.1%
Cons
- Stock is trading at 9.04 times its book value
- The company has delivered a poor sales growth of 7.35% over past five years.
- Company has a low return on equity of 13.6% over last 3 years.
- Company's cost of borrowing seems high
* 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
Part of BSE IPO Nifty 500 Nifty 500 Multicap 50:25:25 Nifty MidSmallcap 400 Nifty Smallcap 250
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
2,454 | 2,376 | 3,107 | 3,387 | 3,107 | 3,498 | |
1,883 | 1,948 | 2,367 | 2,593 | 2,668 | 3,056 | |
Operating Profit | 570 | 428 | 740 | 795 | 439 | 442 |
OPM % | 23% | 18% | 24% | 23% | 14% | 13% |
56 | 89 | 90 | 133 | 119 | 129 | |
Interest | 127 | 137 | 118 | 145 | 167 | 166 |
Depreciation | 130 | 155 | 154 | 166 | 179 | 205 |
Profit before tax | 370 | 225 | 558 | 616 | 212 | 200 |
Tax % | 23% | 22% | 25% | 28% | 25% | 20% |
284 | 175 | 420 | 447 | 160 | 161 | |
EPS in Rs | 15.68 | 9.69 | 23.25 | 24.71 | 8.85 | 8.88 |
Dividend Payout % | 16% | 0% | 4% | 12% | 23% | 23% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 7% |
3 Years: | 4% |
TTM: | 13% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -12% |
3 Years: | -27% |
TTM: | -1% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 14% |
Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 181 | 181 | 181 | 181 | 181 | 181 | 189 |
Reserves | 1,597 | 1,734 | 2,121 | 1,532 | 1,661 | 1,754 | 2,639 |
1,224 | 1,243 | 1,603 | 1,579 | 1,773 | 1,595 | 824 | |
576 | 713 | 958 | 1,032 | 1,001 | 1,226 | 1,488 | |
Total Liabilities | 3,578 | 3,871 | 4,863 | 4,323 | 4,616 | 4,757 | 5,140 |
1,100 | 1,166 | 1,147 | 1,151 | 1,433 | 1,718 | 1,670 | |
CWIP | 406 | 326 | 192 | 239 | 253 | 106 | 150 |
Investments | 311 | 408 | 864 | 563 | 690 | 684 | 684 |
1,761 | 1,971 | 2,660 | 2,369 | 2,240 | 2,248 | 2,636 | |
Total Assets | 3,578 | 3,871 | 4,863 | 4,323 | 4,616 | 4,757 | 5,140 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
371 | 385 | 775 | 428 | 505 | ||
-276 | -169 | -836 | -394 | -271 | ||
-53 | -46 | 31 | -343 | -55 | ||
Net Cash Flow | 42 | 170 | -30 | -309 | 180 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 135 | 175 | 117 | 109 | 124 | 115 |
Inventory Days | 243 | 200 | 183 | 202 | 214 | 206 |
Days Payable | 159 | 197 | 169 | 166 | 203 | 220 |
Cash Conversion Cycle | 220 | 177 | 131 | 144 | 135 | 101 |
Working Capital Days | 131 | 146 | 97 | 132 | 127 | 100 |
ROCE % | 13% | 19% | 21% | 11% | 10% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Jan - Confirmation under Regulation 74(5) for Q4 2024.
-
Intimation Of Change In Name Of Registrar And Share Transfer Agent Of The Company
2 Jan - Change in name of Registrar and Share Transfer Agent.
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 24 Dec
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 24 Dec
- Closure of Trading Window 18 Dec
Concalls
-
Nov 2024TranscriptPPT
-
Aug 2024TranscriptPPT
Business Overview:[1][2]
EPL develops, manufactures and markets a broad range of pharmaceutical and biopharmaceutical products across a wide range of dosage forms, including oral solids, oral liquids, injectables, including liposomal and lyophilized injectables, biotherapeutics and complex APIs, including chiral molecules, iron molecules and cytotoxic products. It has a presence in all major therapeutic areas including Gynaecology, cardiology, blood-related, oncology, respiratory, CNS & HIV etc. Company has 350+ brands, with a wide network across 70+ countries.