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Denis Chem Lab Ltd (537536)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 537536 NSE: Pharmaceuticals & Drugs | Small Cap | Denis Chem Lab Share Price

₹70.81 -0.51 (-0.72%)

As on 05-Jun'26 10:57

Denis Chem Lab Ltd (537536)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 537536 NSE: Pharmaceuticals & Drugs | Small Cap | Denis Chem Lab Share Price

₹70.81 -0.51 (-0.72%)

As on 05-Jun'26 10:57

Key Metrics
Valuation Multiples
Market Cap
₹99 Cr.
Current Price
₹70.8
52-Week Low / High
₹56 / 109
TTM EPS
₹6.1
TTM Sales
₹182 Cr.
Book Value per Share
₹66
P/E Ratio
11.77
Lower than its 5-year historical median
Industry PE
46.5
Price to Book (P/B)
1.08
Lower than its 5-year historical median
Price to Sales (P/S)
0.54
Lower than its 5-year historical median
EV/EBITDA
3.79
Lower than its 5-year historical median
Dividend Yield
1.62%
Profitability Efficiency
Return on Equity (ROE)
9.76%
Outperforms industry median
Return on Capital Employed (ROCE)
13.89%
Outperforms industry median
Return on Assets (ROA)
7.29%
Operating Profit Margin
9.3%
Net Profit Margin
4.66%
Gross Profit Margin
10.4%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
3.27%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-24.12%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-27.6%
Asset Quality
Promoter Holding
38.98%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹78 Cr.
Equity
₹13.9 Cr.
Face Value
₹10
All Time Low / High
₹16.26 / 232.90

Denis Chem Lab stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Denis Chem Lab Ltd a good quality company?
Denis Chem Lab Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Denis Chem Lab Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Denis Chem Lab Ltd vs industry peers?
Denis Chem Lab Ltd revenue CAGR is 4.94%, compared to the industry median CAGR of 5.35%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Denis Chem Lab Ltd?
Promoters hold 38.98% of the Denis Chem Lab Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Denis Chem Lab Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -2.2% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Denis Chem Lab Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 5.3%12.2%9.4%11.9%11.3%6.5%13.8%16.1%20.2%13.9%-
Value Creation
Index
-0.6-0.1-0.3-0.2-0.2-0.50.00.20.40.0-

Growth Parameters

Sales 99.6113107124136109137161168173182
Sales YoY Gr.-13.8%-5.4%15.8%9.7%-19.7%24.9%17.8%4.3%3.3%-
Adj EPS -4.70.91.64.131.64.55.785.86.1
YoY Gr.-NA80.2%149.4%-25.9%-45.9%174.4%25.8%42.1%-27.7%-
BVPS (₹) 1324.13640.742.644.347.952.157.961.366
Adj Net
Profit
-4.51.12.35.74.22.36.37.911.28.18
Cash Flow from Ops. 20.96.810.6813.4817.116.317.812.1-
Debt/CF from Ops. 2.15.52.42.911.10.20.10.10.1-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 6.3%4.9%8.3%3.3%
Adj EPS NA13.9%8.9%-27.7%
BVPS18.8%7.6%8.6%5.9%
Share Price -1.8% 1.2% -3.3% -33.4%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-274.95.710.77.33.89.811.314.69.89.5
Op. Profit
Mgn %
8.512.311.411.2119.410.511.712.79.39.7
Net Profit
Mgn %
-4.512.14.63.12.14.64.96.74.74.6
Debt to
Equity
3.51.30.50.40.20.10.10000
Working Cap
Days
122114146139131157123103999881
Cash Conv.
Cycle
4624365366805944403749

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales99.64113.36107.22124.14136.15109.32136.56160.85167.82173.30
Operating Expenses + 91.1699.4795.17110.26121.1599.06122.21142.07146.59157.19
Manufacturing Costs8.289.689.9211.1514.1010.2812.3115.3215.3915.15
Material Costs52.1353.4448.9061.1961.5755.4372.3484.4686.8695.77
Employee Cost 9.4312.569.4712.4612.2010.5911.7413.0314.3915.26
Other Costs 21.3223.7826.8825.4733.2822.7625.8129.2629.9431.01
Operating Profit 8.4813.8912.0513.871510.2514.3518.7821.2316.11
Operating Profit Margin (%) 8.5%12.3%11.2%11.2%11.0%9.4%10.5%11.7%12.7%9.3%
Other Income + 0.470.650.531.660.280.351.050.591.392.37
Exceptional Items 0000000000
Interest 6.735.804.613.252.891.550.760.640.540.51
Depreciation 5.646.775.936.366.665.965.767.826.956.86
Profit Before Tax -3.421.972.045.925.733.098.8810.9215.1311.11
Tax 1.030.73-0.10-0.431.510.822.623.063.983.04
Profit After Tax -4.451.242.146.354.212.266.267.8611.168.08
PAT Margin (%) -4.5%1.1%2.0%5.1%3.1%2.1%4.6%4.9%6.7%4.7%
Adjusted EPS (₹)-4.71.01.54.63.01.64.55.78.05.8
Dividend Payout Ratio (%)0%0%0%21.90%0%46%33.20%35.30%31.10%25.80%

Valuation of Denis Chem Lab - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 12.4029.8649.9356.4659.0961.5066.4572.2680.3785.10
Share Capital 9.0411.7413.8813.8813.8813.8813.8813.8813.8813.88
Reserves 3.3618.1236.0642.5845.2147.6352.5758.3966.4971.23
Debt +36.2533.1321.0818.9810.518.192.240.950.590.82
Long Term Debt19.9617.258.514.802.173.502.180.920.450.45
Short Term Debt16.2915.8712.5714.188.344.690.060.030.140.37
Minority Interest0000000000
Trade Payables16.9619.9520.2717.0918.2515.6719.7018.2821.4121.24
Others Liabilities 19.1511.169.7213.089.576.9087.956.995.11
Total Liabilities 84.7694.10101105.6197.4292.2696.3999.45109.35112.27

Fixed Assets

Net Fixed Assets +39.6844.2739.6850.4245.8441.3941.6635.4237.6238.82
Gross Block62.1673.5274.6791.8893.9695.19100.62102.19111.34119.40
Accumulated Depreciation22.4829.2534.9941.4648.1253.7958.9666.7773.7280.58
CWIP 9.840.675.200.0400.0802.130.220.07
Investments 0.060.060.060000000
Inventories5.525.187.118.428.539.119.899.1210.199.81
Trade Receivables22.6831.8630.7935.9534.9832.8831.8431.2431.6630.61
Cash Equivalents 2.827.4111.155.673.634.548.8316.9325.1526.23
Others Assets 4.144.6675.114.434.274.174.614.516.72
Total Assets 84.7694.10101105.6197.4292.2696.3999.45109.35112.27

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 20.896.7710.627.9713.377.9717.0716.3417.8112.09
PBT -3.421.972.045.925.733.098.8810.9215.1311.11
Adjustment 12.6112.1510.398.369.327.205.918.045.845.71
Changes in Working Capital 11.66-7.3-1.33-5.310.08-1.593.36-0.221.180.16
Tax Paid 0.04-0.04-0.48-1-1.75-0.72-1.08-2.39-4.34-4.89
Cash Flow From Investing Activity + -12.90-1.30-16.05-1.78-1.98-1.13-10.14-11.15-14.89-8.23
Capex -12.67-2.18-8.34-8.52-2.19-1.73-5.39-4.70-6.93-7.63
Net Investments 00.61-8.126.36-0.020.42-4.94-6.92-9.03-1.43
Others -0.230.260.410.380.220.180.190.471.060.83
Cash Flow From Financing Activity + -6.98-0.281.05-5.37-13.90-5.51-7.20-4.01-4.21-4.21
Net Proceeds from Shares 016.2017.930000000
Net Proceeds from Borrowing -4.07-6.62-12.27-3.72-3.49-0.30-1.33-1.26-0.470
Interest Paid -6.73-5.80-4.61-3.25-2.89-1.55-0.76-0.64-0.54-0.51
Dividend Paid -0.01000-1.680-1.04-2.08-2.78-3.47
Others 3.83-4.05-01.61-5.84-3.65-4.08-0.03-0.42-0.23
Net Cash Flow 1.015.19-4.380.82-2.511.33-0.271.18-1.29-0.34

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-30.415.865.3711.947.293.769.7911.3314.629.76
ROCE (%)5.312.199.3711.911.346.513.7916.0720.1513.89
Asset Turnover Ratio1.251.321.111.21.341.151.451.641.611.56
PAT to CFO Conversion(x)N/A5.464.961.263.183.532.732.081.61.5
Working Capital Days
Receivable Days84.5084.30105.6098.1095.10113.3086.5071.6068.4065.60
Inventory Days16.7016.5020.7022.8022.7029.5025.4021.602121.10
Payable Days87.80126.10150.10111.40104.70111.7089.2082.1083.4081.30

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Denis Chem Lab Ltd FAQs

The current trading price of Denis Chem Lab on 05-Jun-2026 10:57 is ₹70.81.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Jun-2026 the market cap of Denis Chem Lab stood at ₹98.97 Cr

The latest P/E ratio of Denis Chem Lab as of 04-Jun-2026 is 11.77.

The latest P/B ratio of Denis Chem Lab as of 04-Jun-2026 is 1.08.

The 52-week high of Denis Chem Lab is ₹109.2 and the 52-week low is ₹56.10.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Denis Chem Lab is ₹182 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Denis Chem Lab Ltd is a average quality company.

The key valuation ratios of Denis Chem Lab Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Denis Chem Lab Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Denis Chem Lab Ltd

Denis Chem Lab is a Public Limited Pharmaceutical Company incorporated in 1982. It started commercial production for sterile Intravenous injectibles in 1984. Since more than 30 years it has been actively delivering high quality sterile Intravenous injectibles and contributing in saving lives. It Manufactures and market sterile Intravenous injectibles in Both Glass and Plastic Bottles.

The company’s manufacturing facilities are located in a pollution free environment near Ahmedabad, Gujarat. The Manufacturing facilities are located on a land area of about 14000 sq. metres, the built up area for the manufacturing operations is about 7000 sq.m.

Its manufacturing facilities have been approved by the Foods and Drugs Control Administration Authority (FDCA), Gujarat & WHO GMP. It has also been approved by international bodies, includes FDCA Ivory Cost, Ministry of Health-Vietnam, Ministry of Health-Combodia.

Business area of the company

The company is engaged in the business of manufacturing of Pharmaceuticals Transfusion Solution in Bottles. It offers wide range of sterile intravenous injectables for human and veterinary consumption. The company’s product offerings comprise of various products sold across several states in India. It also exports sterile intravenous medicines to countries like Sri Lanka, Nepal, Combodia, Vietnam, Somalia, Ivory Cost etc. In addition to manufacturing its own products which it sells under its own brands, it does manufacture products on contract basis for third parties including certain multinational pharmaceutical companies who market such products under their own brands.

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