Sakar Healthcare Ltd - Stock Valuation and Financial Performance

BSE: 0 | NSE: SAKAR | Pharmaceuticals & Drugs | Small Cap

BSE Share Price
Not Listed

DeciZen - make an informed investing decision on Sakar Healthcare

Overall Rating
Bole Toh

1. Quality

2. Valuation

Undervalued

3. Price Trend

Semi Strong

Sakar Healthcare stock performance -

mw4me loader
P/E Ratio (SA):
62.48
Market Cap:
779.4 Cr.
52-wk low:
0
52-wk high:
0

Is Sakar Healthcare Ltd an attractive stock to invest in?

1. Is Sakar Healthcare Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Sakar Healthcare Ltd is a below average quality company.

2. Is Sakar Healthcare Ltd undervalued or overvalued?

The key valuation ratios of Sakar Healthcare Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Sakar Healthcare Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Sakar Healthcare Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Sakar Healthcare:

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.
Sakar Healthcare Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 11.3%10.1%11.5%11.2%9%11%11.7%10.1%9.1%5.7%-
Value Creation
Index
-0.2-0.3-0.2-0.2-0.4-0.2-0.2-0.3-0.4-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 29.73541.244.253.168.38394.7128133151
Sales YoY Gr.-18%17.7%7.1%20.2%28.6%21.6%14.2%35.4%4%-
Adj EPS 2.22.32.9334.466.68.45.45.7
YoY Gr.-5%26.5%4.5%-0.3%46.2%36.1%9.1%27.7%-35.4%-
BVPS (₹) 16.218.521.532.438.34854.46374.591.1118.3
Adj Net
Profit
1.81.82.33.33.76.6910.314.410.412
Cash Flow from Ops. 8.64.29.29.25.316.118.814.635.833.3-
Debt/CF from Ops. 2.85.92.12.32.80.70.92.92.63.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 18.2%20.2%17.1%4%
Adj EPS 10.6%12.4%-3.4%-35.4%
BVPS21.1%18.9%18.8%22.3%
Share Price - 38.7% 49.7% 62%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
13.512.814.612.78.510.811.811.412.76.95.5
Op. Profit
Mgn %
26.422.520.22323.724.723.623.922.92523.3
Net Profit
Mgn %
5.95.25.77.679.710.910.911.27.88.3
Debt to
Equity
1.91.71.10.60.30.20.20.40.70.7-
Working Cap
Days
16414211814416714013418416315769
Cash Conv.
Cycle
5465545461565332-7-28

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 17.13%

Debt to equity has declined versus last 3 years average to 0.69

Sales growth is good in last 4 quarters at 17.49%

Return on Equity has declined versus last 3 years average to 5.50%

Net Profit has been subdued in last 3 years -3.43%

Latest Financials - Sakar Healthcare Ltd.

Standalone Consolidated
TTM EPS (₹) 5.7 5.7
TTM Sales (₹ Cr.) 151 151
BVPS (₹.) 118.3 118.3
Reserves (₹ Cr.) 236 236
P/BV 3.03 3.03
PE 62.48 62.49
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 779
Equity (₹ Cr.) 21.8
Face Value (₹) 10
Industry PE 47.2

Management X-Ray of Sakar Healthcare:

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 (%)

Event Update

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Analyst's Notes

Key Ratios of Sakar Healthcare

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales3035414453688395128133
Operating Expenses 222733344151637299100
Manufacturing Costs4443345344
Material Costs13172222283543517474
Employee Cost 34467812131416
Other Costs 2223334567
Operating Profit 88810131720232933
Operating Profit Margin (%) 26.4%22.5%20.2%23.0%23.7%24.7%23.6%23.9%22.9%24.9%
Other Income 0001112125
Interest 4333322236
Depreciation 223346781015
Exceptional Items 0000000000
Profit Before Tax 22356912131917
Tax 0111233344
Profit After Tax 22234710111513
PAT Margin (%) 5.9%5.2%5.6%7.6%7.2%9.8%11.6%11.3%11.9%9.6%
Adjusted EPS (₹)2.22.32.93.13.14.56.46.98.96.7
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 1315173647728198128173
Share Capital 88811121515161719
Reserves 5792535576683110154
Minority Interest0000000000
Debt24251921118154090111
Long Term Debt1819151610512388598
Short Term Debt76451322513
Trade Payables4143445203126
Others Liabilities 11101111191414192026
Total Liabilities 525051718197115178268336

Fixed Assets

Gross Block4849536876707990235305
Accumulated Depreciation1013151923613213138
Net Fixed Assets3836374953646669205267
CWIP 000009134916
Investments 0000000073
Inventories77674711161415
Trade Receivables223511108121422
Cash Equivalents 0100000000
Others Assets544913817322622
Total Assets 525051718197115178268336

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 949951619153633
PBT 22336912131917
Adjustment 655568991220
Changes in Working Capital 1-311-600-741
Tax Paid 0-1-1-1-1-1-3-10-4
Cash Flow From Investing Activity -3-1-4-4-8-25-22-47-90-74
Capex -3-1-4-4-9-25-13-36-98-82
Net Investments 00000000-74
Others 000010-9-11144
Cash Flow From Financing Activity -6-3-6-6-1393325541
Net Proceeds from Shares 0000-413081033
Net Proceeds from Borrowing -21-3-3-600000
Interest Paid -4-3-3-3-3-2-2-2-3-5
Dividend Paid 0000000000
Others 0-1000-35264713
Net Cash Flow 01-1-1-1600000
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)14.4613.214.5612.839.2711.2912.5711.8913.498.48
ROCE (%)14.8713.8915.2916.1114.1715.4516.0213.1612.138.95
Asset Turnover Ratio0.580.680.810.730.70.760.780.650.580.44
PAT to CFO Conversion(x)4.524.531.252.291.91.362.42.54
Working Capital Days
Receivable Days22222234565439403850
Inventory Days82715855372939514340
Payable Days8347415849434090123140

Sakar Healthcare Ltd Stock News

Sakar Healthcare Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Sakar Healthcare 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 01-Jan-1970 05:30 the market cap of Sakar Healthcare stood at ₹779.4.
The latest P/E ratio of Sakar Healthcare as of 01-Jan-1970 05:30 is 62.48.
The latest P/B ratio of Sakar Healthcare as of 01-Jan-1970 05:30 is 3.03.
The 52-week high of Sakar Healthcare is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sakar Healthcare is ₹150.9 ( Cr.) .

About Sakar Healthcare Ltd

Having a vision to make lives healthy, happy and more meaningful by providing healthcare solutions, Sakar Healthcare Limited, was incorporated on March 26, 2004. Subsequently, the company was converted into a public limited company and a fresh Certificate of Incorporation consequent upon change of name on Conversion to Public Limited Company dated March 27, 2015 was issued by the Registrar of Companies, Gujarat, Ahmedabad and the name of the company has got changed to 'Sakar Healthcare Limited'.

The company is managed by a team of professionals headed by its Managing Director having experience in manufacturing and export of pharmaceutical and health care products to various countries. Its preliminary business area and key focus was in contract manufacturing in the past years. As a contract manufacturer, the company undertakes manufacturing on behalf of some of the leading pharmaceutical companies in India, in accordance with the terms of the relevant agreements entered into with these companies. The company has registered its products in various countries which are marketed through supply, distribution and other arrangements with various dealers / distributors.

The company’s manufacturing facilities are located at Changodar, Ahmedabad, Gujarat. Its facilities have been approved by various international regulatory authorities such as BVQI, WHO, GM:P, CGMP and National Drug Authority of various countries including Nigeria, Ethopia, Ghana, Bolivia, Yemen and Philippines, Uganda, Ivory Coast, etc.

Business area of the company

The company is an Indian pharmaceutical company engaged in the manufacturing and marketing of its own pharmaceutical formulations for domestic and international markets. Its Product domestic sales are generally exported by third party. It also undertakes contract manufacturing of formulations for pharmaceutical companies based in India. It manufactures and markets pharmaceutical formulations relating to analgesics, antielminthics, anti coagulants, anti malarial, anti spasmodics, antianemics, antibiotics, anti-emetics, anti-histamines, bronchodilators, corticosteroids, cough and cold preparations, multivitamins, etc.

 

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