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Dishman Pharmaceuticals & Chemicals Ltd. - (Amalgamated) (DISHMAN)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532526 NSE: DISHMAN Pharmaceuticals & Drugs | Small Cap | Dishman Pharma(Amalg Share Price

BSE Share Price
Not Listed

Dishman Pharmaceuticals & Chemicals Ltd. - (Amalgamated) (DISHMAN)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532526 NSE: DISHMAN Pharmaceuticals & Drugs | Small Cap | Dishman Pharma(Amalg Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹4,859 Cr.
Current Price
₹0
52-Week Low / High
₹278 / 304
TTM EPS
₹4.1
TTM Sales
₹417 Cr.
Book Value per Share
₹295.5
P/E Ratio
74.11
Industry PE
46.5
Price to Book (P/B)
1.02
Price to Sales (P/S)
11.66
EV/EBITDA
26.40
Dividend Yield
0.60%
Profitability Efficiency
Return on Equity (ROE)
9.99%
Return on Capital Employed (ROCE)
12.57%
Return on Assets (ROA)
4.72%
Operating Profit Margin
33.5%
Net Profit Margin
17.08%
Gross Profit Margin
31.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
3.69%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
15.26%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
49.03%
Asset Quality
Promoter Holding
61.40%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹4,737 Cr.
Equity
₹32.3 Cr.
Face Value
₹2
All Time Low / High
₹16.25 / 346.25

Dishman Pharmaceuticals & Chemicals . - (Amalgamated) stock performance

Key Ratios
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10 Year X-Ray : Login to view analysis.

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.
Dishman Pharmaceuticals & Chemicals Ltd. - (Amalgamated) has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16TTM
ROCE % 14.1%12.9%15.7%11.6%7.9%10.6%12.3%14.7%12.4%12.6%-

Growth Parameters

Sales 275359416353421463485473492510417
Sales YoY Gr.-30.5%15.8%-15.2%19.3%10.1%4.6%-2.3%4%3.7%-
Adj EPS 3.83.76.34.32.43.24.15.33.35.24.1
YoY Gr.--1.9%71.5%-32.7%-43.2%31%30.3%28.3%-38.1%59.2%-
BVPS (₹) 18.528.33437.839.641.644.849.351.756.4295.5
Adj Net
Profit
54.258.910268.839.151.166.785.65384.266
Cash Flow from Ops. 21.242.590.811011825028.312614.5125-
Debt/CF from Ops. 14.16.23.244.8218.54.243.45-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 7.1%3.9%1.7%3.7%
Adj EPS 3.7%16.6%8.1%59.2%
BVPS13.2%7.3%7.9%9%
Share Price - - - -

Key Financial Parameters

Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16TTM
Return on
Equity %
24.616.320.311.86.27.89.511.26.59.62.3
Op. Profit
Mgn %
25.725.636.133.32433.43637.230.133.532.5
Net Profit
Mgn %
19.716.424.619.59.31113.818.110.816.515.7
Debt to
Equity
1.10.60.50.70.90.70.70.70.80.7-
Working Cap
Days
325307270347417436406467564638287
Cash Conv.
Cycle
183168133101796153508591118

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16
Sales275.24359.20415.88352.61420.82463.40484.64473.29492.24510.39
Operating Expenses + 204.53272279.48235.34320.13318.52315.49297.07344.07339.61
Manufacturing Costs31.6234.9041.3442.584244.8649.2342.2349.1853.81
Material Costs133.21183.82172.05138.15210.45195.22179.20175.72213.84194.50
Employee Cost 18.0524.6025.2828.6447.1045.2258.2158.3858.8865.89
Other Costs 21.6428.6840.8125.9720.5933.2128.8520.7422.1725.41
Operating Profit 70.7287.20136.40117.27100.69144.88169.14176.21148.17170.78
Operating Profit Margin (%) 25.7%24.3%32.8%33.3%23.9%31.3%34.9%37.2%30.1%33.5%
Other Income + 16.0111.995.4012.6916.3911.8413.6355.9867.9162.38
Exceptional Items 0000000000
Interest 7.699.7626.9629.9140.5357.5452.7469.2268.1368.66
Depreciation 14.2416.8219.7920.6428.0131.6635.3444.1344.1344.25
Profit Before Tax 64.8072.6195.0679.4148.5467.5294.70118.84103.82120.25
Tax 2.8911.232.509.048.4122.6831.5232.0545.3433.10
Profit After Tax 61.9161.3892.5670.3740.1244.8463.1886.7958.4887.15
PAT Margin (%) 22.5%17.1%22.3%20.0%9.5%9.7%13.0%18.3%11.9%17.1%
Adjusted EPS (₹)4.33.95.74.42.52.83.95.43.65.4
Dividend Payout Ratio (%)11.70%13%10.50%13.80%24.10%21.60%15.30%11.20%27.60%18.50%

Valuation of Dishman Pharma(Amalg - 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'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16

Equity and Liabilities

Shareholders Fund + 269.24453.79553.62612.96641.38673.63725.41797.08836.43911.50
Share Capital 14.4415.9416.1416.1416.1416.1416.1416.1416.1416.14
Reserves 254.79437.85537.48596.82625.24657.49709.28780.94820.29895.36
Debt +298.45262.51290.52434.06488.55429.69459.04416.46505.55542.51
Long Term Debt298.45262.51290.52434.06308.91301.68274.53239.74242.96274.43
Short Term Debt0000179.65128.01184.51176.72262.59268.08
Minority Interest0000000000
Trade Payables40.6446.2722.9275.06119.0184.9395.2783.6399.5976.10
Others Liabilities 8062.6643.7358.67228.53253.43219.33259.65376.51344.54
Total Liabilities 688.33825.22910.791,180.761,477.471,441.681,499.051,556.811,818.081,874.65

Fixed Assets

Net Fixed Assets +205.08255.63268.60353.84486.77470.32682.55694.61693.62669.63
Gross Block259.78326.33358.73464.18624.64639.35886.14942.27986.481,006.35
Accumulated Depreciation54.7070.7090.13110.34137.86169.02203.59247.65292.86336.72
CWIP 49.10110.62172.96267.64198.96257.3448.799.8610.1522.14
Investments 131.29132.51156.37181.99187.14187.06187.06187.06210.16250.78
Inventories98.65120.63116.3299.75124.25119.13127.76133.86171.90145.37
Trade Receivables120.72111.5061.5570.24126.9796.4662.7969.4297.6587.87
Cash Equivalents 4.954.493.204.284.316.4510.8911.2622.629.27
Others Assets 78.5389.85131.78203.01349.07304.92379.21450.75611.98689.59
Total Assets 688.33825.22910.791,180.761,477.471,441.681,499.051,556.811,818.081,874.65

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16
Cash Flow From Operating Activity + 21.1742.4590.83109.64117.89249.7228.29125.7014.51124.94
PBT 64.8072.6195.0679.4148.5467.5294.70118.84103.83120.25
Adjustment 15.6413.3647.1540.5454.1777.1780.4754.1454.2253.35
Changes in Working Capital -54.01-35.08-41.315.7324.94112.61-130.57-22.21-112.68-7.77
Tax Paid -5.18-8.36-9.94-17.14-9.75-7.59-16.30-25.06-30.86-40.89
Cash Flow From Investing Activity + -194.49-118.98-100.51-213.69-190.76-52.265.67-47.54-35.81-30.22
Capex -80.03-128.86-79.65-196.89-197.22-43.7411.84-92.93-59.21-38.83
Net Investments -119.267.2300.0500.96003.020
Others 4.792.65-20.86-16.856.47-9.48-6.1745.3920.388.61
Cash Flow From Financing Activity + 54.2376.078.39105.1372.89-195.32-29.84-78.4425.37-102.44
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 000162.7037.33-66.47-59.251019.38-5.94
Interest Paid -6.11-9.76-31.69-33.14-39.97-55.13-52.52-69.39-68.55-69.73
Dividend Paid -4.82-7.63-8.07-9.68-9.68-9.68-9.68-9.68-9.68-32.27
Others 65.1693.4648.16-14.7485.22-64.0391.61-9.3684.225.50
Net Cash Flow -119.08-0.46-1.291.080.032.144.12-0.284.07-7.72

Financial Ratio

PARTICULARSMar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16
Ratios
ROE (%)28.4417.118.512.136.426.849.0511.437.179.99
ROCE (%)14.1112.8815.7111.67.9310.5912.2514.6512.3512.57
Asset Turnover Ratio0.460.490.490.340.320.320.330.310.290.28
PAT to CFO Conversion(x)0.340.690.981.562.945.570.451.450.251.43
Working Capital Days
Receivable Days128.40115.3074.5067.3084.5086.9059.3050.4061.4065.60
Inventory Days118.70108.90102110.3095.9094.7091.9099.70112.30112.20
Payable Days10386.3073.40129.40168.30190.60183.50185.80156.40164.90

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *35.7630.3117.2611.462.462.420.570.570.570.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Dishman Pharmaceuticals & Chemicals Ltd. - (Amalgamated) FAQs

The current trading price of Dishman Pharma(Amalg on 01-Jan-1970 05:30 is ₹0.00.

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 31-Dec-1969 the market cap of Dishman Pharma(Amalg stood at ₹4,858.8 Cr

The latest P/E ratio of Dishman Pharma(Amalg as of 31-Dec-1969 is 74.11.

The latest P/B ratio of Dishman Pharma(Amalg as of 31-Dec-1969 is 1.02.

The 52-week high of Dishman Pharma(Amalg is ₹304.3 and the 52-week low is ₹278.1.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Dishman Pharma(Amalg is ₹417 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Dishman Pharmaceuticals & Chemicals Ltd. - (Amalgamated) is a average quality company.

No data found

No data found

About Dishman Pharmaceuticals & Chemicals Ltd. - (Amalgamated)

Dishman Pharmaceuticals and Chemicals Limited (DPCL) was incorporated in 1983 as a research-oriented company. Later in 1989 the company started production of a range of phase transfer catalysts and quaternary ammonium and phosphonium compounds. The company became a global market leader and earned the status of the “Quat Company”. In the period of 10 years the production capacity was increased from 10MT per annum to 1500 Mt per annum.

In the year 1995, the company entered into a joint ventured with Schütz & Co, Germany and formed Schütz Dishman Biotech. This company manufactures Chlorhexidine Base, Chlorhexidine HCl, Chlorhexidine Acetate and Chlorhexidine Gluconate solution to cater European market. In 1995-96, the company expanded its activities for the development of many intermediates and APIs. In 1998 in order to penetrate in European and US market, the company formed two wholly-owned subsidiaries Dishman Europe and Dishman USA Inc. In 1998, the company forayed into contract research and manufacture sector. Within a period of 5 years DPCL was able to several contract research and manufacturing projects and later emerged as India’s leading CMO organization (Contract Manufacturing Outsourcing).

Headquartered at Ahmedabad, the company owns three manufacturing units, two located at Bavla and one at Naroda. Presently the company is manufactures a range of Bulk APIs, Intermediates, Specialties and Quats. The company has representative office located at Germany, Italy and Turkey.

DPCL is engaged in the manufacture of active pharmaceutical ingredients (APIs) intermediates. The Company operates in two segments: contract research and contract manufacturing (CRAMS), and bulk drugs, intermediates, quats and specialty chemicals. It provides a range of products to the global market, including a range of reagents, specialty chemicals, APIs and their intermediates.

Business units:

Dishman Specialty Chemicals, which manufactures Phase Transfer Catalysts;

Dishman Vitamins and Chemicals, which manufactures Vitamin D2, Vitamin D3, Vitamin D analogues, cholesterol and laolin related products for pharmaceutical, cosmetic and related markets,

Dishman Disinfectants, which manufactures antiseptic and disinfectant formulations.

The products manufactured by the company include bulk drugs, phase transfer catalyst and fine chemicals

 

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