Sanofi India Ltd - Stock Valuation and Financial Performance

BSE: 500674 | NSE: SANOFI | Pharmaceuticals & Drugs | Small Cap

Sanofi India Share Price

6,370 -62.15 -0.97%
as on 12-Jul'24 16:01

DeciZen - make an informed investing decision on Sanofi India

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Sanofi India stock performance -

mw4me loader
P/E Ratio (SA):
26.74
Market Cap:
14,692 Cr.
52-wk low:
5,850.6
52-wk high:
10,526.1

Is Sanofi India Ltd an attractive stock to invest in?

1. Is Sanofi India Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Sanofi India Ltd is a good quality company.

2. Is Sanofi India Ltd undervalued or overvalued?

The key valuation ratios of Sanofi India Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Sanofi India Ltd a good buy now?

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

10 Year X-Ray of Sanofi India:

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.
Sanofi India Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Dec'14Dec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23TTM
ROCE % 15.5%16.9%17.3%16.5%17.8%19.6%22.4%27.5%30.2%51.8%-
Value Creation
Index
0.20.30.30.20.30.50.71.01.22.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,9772,1932,3672,4642,7713,0712,9022,9572,7702,8512,847
Sales YoY Gr.-10.9%7.9%4.1%12.5%10.8%-5.5%1.9%-6.3%2.9%-
Adj EPS 95.4114.3131.3139.9163.5197.9220.9259.2229.4257.1238.6
YoY Gr.-19.8%14.9%6.6%16.8%21.1%11.6%17.4%-11.5%12.1%-
BVPS (₹) 643.7707.3810.7869.9950.21,043.5897.8941.5527.7411.8470.6
Adj Net
Profit
220263302322377456509597528592549
Cash Flow from Ops. 265213322435374412611559399231-
Debt/CF from Ops. 0000000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 4.2%0.6%-0.6%2.9%
Adj EPS 11.6%9.5%5.2%12.1%
BVPS-4.8%-15.4%-22.9%-22%
Share Price 8.2% 2% -7.3% -7.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Dec'14Dec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23TTM
Return on
Equity %
15.516.917.216.517.719.622.327.530.251.754.1
Op. Profit
Mgn %
17.32122.621.922.621.724.725.825.428.327.9
Net Profit
Mgn %
11.11212.813.113.614.917.520.219.120.819.3
Debt to
Equity
0000000000-
Working Cap
Days
15114915628737938641943644645873
Cash Conv.
Cycle
423950312018132-32829

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 54.10%

Sales growth has been subdued in last 3 years -0.59%

Net Profit has been subdued in last 3 years 5.19%

Sales growth is not so good in last 4 quarters at 1.74%

Latest Financials - Sanofi India Ltd.

Standalone Consolidated
TTM EPS (₹) 238.6 238.4
TTM Sales (₹ Cr.) 2,847 2,847
BVPS (₹.) 470.6 470.5
Reserves (₹ Cr.) 1,061 1,061
P/BV 13.56 13.56
PE 26.74 26.76
From the Market
52 Week Low / High (₹) 5850.55 / 10526.05
All Time Low / High (₹) 235.05 / 10526.05
Market Cap (₹ Cr.) 14,692
Equity (₹ Cr.) 23
Face Value (₹) 10
Industry PE 43.9

Management X-Ray of Sanofi India:

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 Sanofi India

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSDec'14Dec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23
Sales1,9772,1932,3672,4642,7713,0712,9022,9572,7702,851
Operating Expenses 1,6391,7341,8321,9262,1482,4052,1892,1942,0672,048
Manufacturing Costs221217121120144142114888489
Material Costs8709121,0651,0041,1461,3471,2541,3071,1901,201
Employee Cost 288333355369407450461434406371
Other Costs 259272290434451466361366387388
Operating Profit 339459535537623665713762703803
Operating Profit Margin (%) 17.1%20.9%22.6%21.8%22.5%21.7%24.6%25.8%25.4%28.2%
Other Income 64516681909490757367
Interest 0021102222
Depreciation 9711311910210310082674240
Exceptional Items 6784000-59-4248913218
Profit Before Tax 3734814805156106006771,258864846
Tax 109159176189229186200313244243
Profit After Tax 264322304326381414478944621603
PAT Margin (%) 13.3%14.7%12.9%13.2%13.7%13.5%16.5%31.9%22.4%21.2%
Adjusted EPS (₹)114.5139.8132.3141.7165.5180.1207.7410.6269.8262.3
Dividend Payout Ratio (%)39%47%51%50%51%194%176%119%211%64%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 1,4861,6271,8652,0012,1862,4002,0652,1661,214947
Share Capital 23232323232323232323
Reserves 1,4631,6041,8421,9782,1632,3772,0422,1431,191924
Minority Interest0000000000
Debt0000000000
Long Term Debt0000000000
Short Term Debt0000000000
Trade Payables327226231327344369318377356292
Others Liabilities 4155524461,9962,2402,4712,7103,0133,2583,464
Total Liabilities 2,2282,4052,5414,3244,7695,2405,0935,5554,8284,703

Fixed Assets

Gross Block1,1321,4549369891,053817852546531552
Accumulated Depreciation484577119220321318388212225237
Net Fixed Assets648877817769733499464334306315
CWIP 210223430211710132416
Investments 0000000002
Inventories478479493416483470368392408664
Trade Receivables115144145195158224148143129132
Cash Equivalents 4695725617308321,1301,2091,5501,017405
Others Assets3073104922,1842,5422,9012,8953,1232,9453,170
Total Assets 2,2282,4052,5414,3244,7695,2405,0935,5554,8284,703

Cash Flow

(All Figures are in Crores.)
PARTICULARSDec'14Dec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23
Cash Flow From Operating Activity 265213322435374412611559399231
PBT 3063974805156106006771,258864846
Adjustment 45666139367865-482-159-25
Changes in Working Capital 36-112-180-28-386268-46-349
Tax Paid -123-138-218-198-244-228-193-285-261-241
Cash Flow From Investing Activity 6136-155-79-736627663165136
Capex -18-29-69-57-57-75-41-1313-10
Net Investments 0-100000000
Others 8065-86-22-1614131764363846
Cash Flow From Financing Activity -122-147-180-188-197-183-810-849-1,583-878
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 000000-2-2-2-2
Dividend Paid -121-147-150-157-164-152-804-841-1,573-868
Others 00-31-32-34-31-5-7-8-8
Net Cash Flow 205102-1316810429578341-533-612
PARTICULARSDec'14Dec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23
Ratios
ROE (%)18.720.6817.4316.8718.1818.0721.3944.6536.7355.83
ROCE (%)26.4730.9627.5126.3828.7625.7529.7757.9849.4773.98
Asset Turnover Ratio0.990.970.980.730.630.640.560.560.560.62
PAT to CFO Conversion(x)10.661.061.330.9811.280.590.640.38
Working Capital Days
Receivable Days21212225222223181716
Inventory Days74787367575453475066
Payable Days10811178101107971009711298

Sanofi India Ltd Stock News

Sanofi India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Sanofi India on 12-Jul-2024 16:01 is ₹6,370.
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 12-Jul-2024 16:01 the market cap of Sanofi India stood at ₹14,692.
The latest P/E ratio of Sanofi India as of 12-Jul-2024 16:01 is 26.74.
The latest P/B ratio of Sanofi India as of 12-Jul-2024 16:01 is 13.56.
The 52-week high of Sanofi India is ₹10,526.1 and the 52-week low is ₹5,850.6.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sanofi India is ₹2,847 ( Cr.) .

About Sanofi India Ltd

Sanofi India is one of the entities through which Sanofi operates in India. It was incorporated in May 1956 under the name Hoechst Fedco Pharma Private Limited. Over the years, its name was changed to Hoechst Pharmaceuticals Private Limited, Hoechst India Limited, Hoechst Marion Roussel Limited and Aventis Pharma Limited. Sanofi, one of the world's leading healthcare companies, and its 100% subsidiary - Hoechst GmbH, are the major shareholders of Sanofi India Limited and together hold 60.4% of its paid-up share capital. The shares of Sanofi India Limited are quoted on the Bombay Stock Exchange and the National Stock Exchange. The company has two manufacturing sites in Ankleshwar and Goa. Sanofi India also manufactures its products through third party manufacturers. The different types of dosage forms include tablets, capsules (hard and soft), Eye/Ear drops, ampoules, vials, creams and ointments. These products are manufactured in accordance with the same quality standards as those prevalent at its own manufacturing sites for domestic consumption and for export to Russia, the Ukraine and other CIS countries.

Business area of the company

The company is dedicated to supporting people through their health challenges. It is a global biopharmaceutical company focused on human health. The company prevent illness with vaccines, provide innovative treatments to fight pain and ease suffering. The company stand by the few who suffer from rare diseases and the millions with long-term chronic conditions.

Products

Pharmaceutical products (Adenocor, Aldurazyme, AllStar, Amaryl, Apidra, Arava, Aubagio, Augeoz, Brodactam, Cardace, Caspercid, Cerezyme, Cetapin, Clexane, Cordarone, Daonil, Depakote, Fabrazyme, Fasturtec, Fludara, Frisium, Insuman, Jevtana, Lantus, Lasilactone, Lasix, Lyxumia, Metosan, M-Nem, Myoril, Myozyme, Plavix, Primacor, Renvela Sachets, Soframycin, Solian, Stilnoct, Synvisc, Targocid, Taxotere, Telsite, Thymoglobuline, Thyrogen, Toujeo, Trental, Valparin, Vinlep, Zemiglo).

Vaccines (Adacel, Avaxim, FluQuadri, Hexaxim, Imovax Polio, Menactra, Pentaxim, Shan5, Shanchol, ShanIPV, ShanTT, Shanvac-B, Stamaril, Vaxigrip)

Consumer Healthcare products (Allegra, Allegra, Allegra M, Aminofit Forte, Amino-fit, Avil, Baralgan NU, Berrycran, Buscogast, Cetgel, Collaflex, Combiflam Plus, Combiflam Suspension, Combiflam IcyHotTM, Combiflam IcyHotTM spray, CoQ 300, DePURA by Sanofi, Dulcoflex Natural, DulcoSoft Sachet, E-Cod Plus, E-Cod W, Enlarge Forte, Enterogermina, Estoven XT, Festal N, FreeFlex Forte, Icegel, Lactacyd, Macraberin M, Mega FreeFlex, Multivite Gold, Multivite Woman, Multivite CD,
Multivite-FM Omega, Novalgin NU, Phospholip TF, Primosa, Radiance H, Seacod Active, Selace Forte,
Triomega)

Milestones

  • 2013: Sanofi India launches Combiflam Plus.
  • 2013: Sanofi ties up with IDF, PHFI to fight against diabetes among children in India.
  • 2013: Sanofi India inks pact with Suzlon Energy for renewable energy.
  • 2014: Sanofi India - Diabetic Teen from Pune achieves unique feat.
  • 2014: Sanofi partners with Emcure Pharmaceuticals for marketing and distribution of its oncology portfolio in India.
  • 2015: Sanofi delivers 4 lakh Shan5 vaccine doses to Gwalior and Jabalpur to support the immunization of children from five pediatric diseases.
  • 2016: Sanofi India collaborates with National Institute of Pharmaceutical Education and Research (NIPER) Kolkata, to promote academic excellence and research.
  • 2018: Sanofi receives positive CHMP opinion for dengue vaccine.
  • 2018: Sanofi completes its acquisition of Ablynx following the expiration of the Squeeze-out Procedure.
  • 2019: Sanofi signs strategic deal for exclusive US over-the-counter rights to Tamiflu in Flu Care.
  • 2020: Sanofi Completes Acquisition of Synthorx, Inc.
  • 2020: Sanofi joins forces with U.S. Department of Health and Human Services to advance a novel coronavirus vaccine.
  • 2020: Sanofi and Translate Bio expand collaboration to develop mRNA vaccines across all infectious disease areas.
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