Novartis India Ltd - Stock Valuation and Financial Performance

BSE: 500672 | NSE: NOVARTIND | Trading | Small Cap

Novartis Share Price

1,046.05 1.90 0.18%
as on 12-Apr'24 16:59

DeciZen - make an informed investing decision on Novartis

Overall Rating
Bole Toh

1. Quality

2. Valuation


3. Price Trend

Novartis India stock performance -

mw4me loader
P/E Ratio (SA):
Market Cap:
2,582.8 Cr.
52-wk low:
52-wk high:

Is Novartis India Ltd an attractive stock to invest in?

1. Is Novartis India Ltd a good quality company?

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

2. Is Novartis India Ltd undervalued or overvalued?

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

3. Is Novartis India Ltd a good buy now?

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

10 Year X-Ray of Novartis:

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.
Novartis India 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

ROCE % 10.7%7.6%18.1%5.4%8.3%4.5%2.2%3.2%4.9%14.3%-
Value Creation

Growth Parameters

Growth Parameters Colour Code Guide

Sales 862873690656564491438381400379330
Sales YoY Gr.-1.3%-21%-4.9%-14.1%-13%-10.7%-13%4.9%-5.3%-
Adj EPS 3123.
YoY Gr.--25.2%167.6%-67.5%29.8%-49.4%-65%55.2%74.6%234.8%-
BVPS (₹) 300.8313.5375.6329.5299.8309.3293.4289.4281.2314.3295.2
Adj Net
Cash Flow from Ops. -4.6-59.656.6-40.8161-194-23.1-69.238.744.8-
Debt/CF from Ops. -0000000000-


CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -8.7%-7.7%-4.8%-5.3%
Adj EPS 3.5%10%108.6%234.8%
Share Price 8.6% 8.7% 21.2% 74.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Return on
Equity %
Op. Profit
Mgn %
Net Profit
Mgn %
Debt to
Working Cap
Cash Conv.

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 12.70%

Net Profit is growing at healthy rate in last 3 years 108.55%

Sales growth has been subdued in last 3 years -4.75%

Sales growth is not so good in last 4 quarters at -16.15%

Latest Financials - Novartis India Ltd.

Standalone Consolidated
TTM EPS (₹) 38.7 -
TTM Sales (₹ Cr.) 330 -
BVPS (₹.) 295.2 -
Reserves (₹ Cr.) 717 -
P/BV 3.54 -
PE 27.04 -
From the Market
52 Week Low / High (₹) 561.05 / 1224.00
All Time Low / High (₹) 65.00 / 1436.35
Market Cap (₹ Cr.) 2,583
Equity (₹ Cr.) 12.4
Face Value (₹) 5
Industry PE 79.8

Management X-Ray of Novartis:

Shareholding Pattern

Promoter's Holding & Share Pledging

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

Event Update

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Analyst's Notes

Key Ratios of Novartis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
Operating Expenses 866881659632572479427356373314
Manufacturing Costs1091036751454441373516
Material Costs387349286306246199182147178202
Employee Cost 17420015713914511711410910236
Other Costs 19622914913613711990635860
Operating Profit -3-83125-81212262765
Operating Profit Margin (%) -0.4%-0.9%4.5%3.7%-1.5%2.5%2.7%6.7%6.7%17.2%
Other Income 97112245721747836343458
Interest 0001626852
Depreciation 4434331312106
Exceptional Items 0-6000000-500
Profit Before Tax 909327292158862940-4115
Tax -914733579341919012
Profit After Tax 99791985778521021-4103
PAT Margin (%) 11.4%9.1%28.7%8.7%13.9%10.6%2.3%5.5%-0.9%27.3%
Adjusted EPS (₹)30.824.862.020.331.821.04.18.5-1.541.9
Dividend Payout Ratio (%)32%40%16%49%32%48%245%118%-663%113%

Balance Sheet

(All Figures are in Crores.)

Equity and Liabilities

Shareholders Fund 9611,0021,201927740763724714694776
Share Capital 16161614121212121212
Reserves 9459861,185913727751712702682763
Minority Interest0000000000
Long Term Debt0000000000
Short Term Debt0000000000
Trade Payables1089570731069173557260
Others Liabilities 9379641541,0701,2671,1634401,4301,2441,216
Total Liabilities 2,0062,0601,4252,0702,1132,0181,2372,1992,0102,052

Fixed Assets

Gross Block24261011122485754139
Accumulated Depreciation161835799111720
Net Fixed Assets896651576642419
CWIP 0000000000
Investments 0000000000
Trade Receivables77835041444638394536
Cash Equivalents 178391,126816775612582499518556
Others Assets1,8001,0311691,1211,2331,2854831,5501,3671,386
Total Assets 2,0062,0601,4252,0702,1132,0181,2372,1992,0102,052

Cash Flow

(All Figures are in Crores.)
Cash Flow From Operating Activity -5-6057-41161-194-23-693945
PBT 9010011192158862940-4115
Adjustment -74-85-67-56-56-73-12-5-6-49
Changes in Working Capital 11-3292-32117-162-2-6967-24
Tax Paid -31-36-79-44-58-46-38-35-192
Cash Flow From Investing Activity 22719-63042469274569587-153
Capex -1-5-201716-15-10
Net Investments 01300-2214187072-177
Others 23711-628424544439211624
Cash Flow From Financing Activity -38-38-39-332-268-30-41-37-36-30
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 000-1000000
Dividend Paid -32-32-32-32-28-25-25-25-25-25
Others -5-5-7-299-240-5-17-12-11-6
Net Cash Flow -20622-61251-3850-9-1190-139
ROE (%)10.598.0618.015.389.46.891.362.91-0.5314.07
ROCE (%)9.699.5224.778.7519.7211.74.736.670.1415.96
Asset Turnover Ratio0.440.430.40.380.330.290.330.260.230.23
PAT to CFO Conversion(x)-0.05-0.760.29-0.722.06-3.73-2.3-3.29N/A0.44
Working Capital Days
Receivable Days34333525232829313132
Inventory Days45424644383641433944
Payable Days10710610585133181164159131119

Novartis India Ltd Stock News

Novartis India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Novartis on 12-Apr-2024 16:59 is ₹1,046.1.
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-Apr-2024 16:59 the market cap of Novartis stood at ₹2,582.8.
The latest P/E ratio of Novartis as of 12-Apr-2024 16:59 is 27.04.
The latest P/B ratio of Novartis as of 12-Apr-2024 16:59 is 3.54.
The 52-week high of Novartis is ₹1,224 and the 52-week low is ₹561.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Novartis is ₹330.0 ( Cr.) .

About Novartis India Ltd

Novartis was created in 1996 through a merger of Ciba-Geigy and Sandoz. Novartis and its predecessor companies trace roots back more than 250 years, with a rich history of developing innovative products. From beginnings in the production of synthetic fabric dyes, the companies that eventually became Novartis branched out into producing chemicals and ultimately pharmaceuticals.

The history of Novartis traces the converging destinies of three companies: Geigy, a chemicals and dyes trading company founded in Basel, Switzerland in the middle of the 18th century; Ciba, which began producing dyes in 1859; and Sandoz, a chemical company founded in Basel in 1886.

These companies shared a common trait which lives on at Novartis: a passion for developing and marketing new products that contribute to human progress through advances in science and health. Building on this heritage, today Novartis focuses its innovation prowess on addressing the unmet needs of patients worldwide.

Since 1947, Novartis has had a significant footprint in India - committed to drug development, manufacturing, commercial and social business services. It has three legal entities namely, Novartis Healthcare Private Limited, Novartis India Limited and Sandoz Private Limited employing thousands of people. It has a rich portfolio of both innovative and established medicines addressing various therapeutic needs: cardiovascular, eye care, immunology and dermatology, metabolics, neuroscience, oncology, respiratory and organ transplant, to meet the medical needs of patients in India.

Its social business -- Arogya Parivar -- is expanding access to community education, improved infrastructure and affordable healthcare products for underserved populations in rural India.

The company’s purpose is to reimagine medicine to improve and extend people’s lives. It uses innovative science and technology to address some of society’s most challenging healthcare issues. It discover and develops breakthrough treatments and find new ways to deliver them to as many people as possible. It also aims to reward those who invest their money, time and ideas in the company.

Business area of the company

As a science-based and patient-oriented healthcare company, it strives to be a global leader in growing areas of healthcare. Following a corporate transformation Novartis globally is focused on three divisions with global scale and innovation power - pharmaceuticals, eye care and generic medicines. This has strengthened the future growth prospects of the company.

In India, the Pharmaceutical business of Novartis India Limited is focused on Bone & Pain, Calcium portfolio, Gynecology and Neurosciences and the Generics business is focused on Gynecology, Anti-TB and Anti-infectives.

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