BSE:530549

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Executive Summary

Shilpa Medicare Limited, together with its subsidiaries, manufactures and sells active pharmaceutical ingredients (API’s), intermediates, and formulations in India, the United States, Europe, and internationally.. More Details


Snowflake Analysis

Proven track record average dividend payer.


Similar Companies

Share Price & News

How has Shilpa Medicare's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 530549 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 530549's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-2.1%

530549

-3.5%

IN Pharmaceuticals

-0.7%

IN Market


1 Year Return

64.9%

530549

51.5%

IN Pharmaceuticals

17.3%

IN Market

Return vs Industry: 530549 exceeded the Indian Pharmaceuticals industry which returned 51.5% over the past year.

Return vs Market: 530549 exceeded the Indian Market which returned 17.3% over the past year.


Shareholder returns

530549IndustryMarket
7 Day-2.1%-3.5%-0.7%
30 Day-2.5%2.2%8.4%
90 Day-8.4%8.4%23.0%
1 Year65.4%64.9%53.3%51.5%19.5%17.3%
3 Year-25.8%-26.4%38.8%35.4%8.9%3.6%
5 Year8.3%7.1%23.1%18.9%81.8%67.9%

Long-Term Price Volatility Vs. Market

How volatile is Shilpa Medicare's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Shilpa Medicare undervalued compared to its fair value and its price relative to the market?

15.79x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 530549 (₹428.65) is trading above our estimate of fair value (₹181.37)

Significantly Below Fair Value: 530549 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 530549 is good value based on its PE Ratio (15.8x) compared to the IN Pharmaceuticals industry average (23.6x).

PE vs Market: 530549 is good value based on its PE Ratio (15.8x) compared to the Indian market (19.2x).


Price to Earnings Growth Ratio

PEG Ratio: 530549 is poor value based on its PEG Ratio (4.3x)


Price to Book Ratio

PB vs Industry: 530549 is good value based on its PB Ratio (2.4x) compared to the IN Pharmaceuticals industry average (2.5x).


Next Steps

Future Growth

How is Shilpa Medicare forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

3.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 530549's forecast earnings growth (3.7% per year) is below the savings rate (7%).

Earnings vs Market: 530549's earnings (3.7% per year) are forecast to grow slower than the Indian market (25.4% per year).

High Growth Earnings: 530549's earnings are forecast to grow, but not significantly.

Revenue vs Market: 530549's revenue (11.3% per year) is forecast to grow slower than the Indian market (11.7% per year).

High Growth Revenue: 530549's revenue (11.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 530549's Return on Equity is forecast to be low in 3 years time (12.8%).


Next Steps

Past Performance

How has Shilpa Medicare performed over the past 5 years?

13.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 530549 has a high level of non-cash earnings.

Growing Profit Margin: 530549's current net profit margins (23.1%) are higher than last year (12.5%).


Past Earnings Growth Analysis

Earnings Trend: 530549's earnings have grown by 13.9% per year over the past 5 years.

Accelerating Growth: 530549's earnings growth over the past year (114.2%) exceeds its 5-year average (13.9% per year).

Earnings vs Industry: 530549 earnings growth over the past year (114.2%) exceeded the Pharmaceuticals industry 29.5%.


Return on Equity

High ROE: 530549's Return on Equity (15.2%) is considered low.


Next Steps

Financial Health

How is Shilpa Medicare's financial position?


Financial Position Analysis

Short Term Liabilities: 530549's short term assets (₹9.2B) exceed its short term liabilities (₹5.5B).

Long Term Liabilities: 530549's short term assets (₹9.2B) exceed its long term liabilities (₹4.9B).


Debt to Equity History and Analysis

Debt Level: 530549's debt to equity ratio (42.1%) is considered high.

Reducing Debt: 530549's debt to equity ratio has increased from 31% to 42.1% over the past 5 years.

Debt Coverage: 530549's debt is not well covered by operating cash flow (13%).

Interest Coverage: 530549's interest payments on its debt are well covered by EBIT (23.6x coverage).


Balance Sheet


Next Steps

Dividend

What is Shilpa Medicare current dividend yield, its reliability and sustainability?

0.26%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 530549's dividend (0.26%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.44%).

High Dividend: 530549's dividend (0.26%) is low compared to the top 25% of dividend payers in the Indian market (1.87%).


Stability and Growth of Payments

Stable Dividend: 530549's dividends per share have been stable in the past 10 years.

Growing Dividend: 530549's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (4.1%), 530549's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 530549's dividends in 3 years are forecast to be thoroughly covered by earnings (5.6% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.1yrs

Average board tenure


CEO

Vishnukanth Bhutada (58 yo)

no data

Tenure

₹99,237,000

Compensation

Mr. Vishnukanth Chaturbhuj Bhutada, B. Pharm. serves as the Managing Director of Shilpa Medicare Limited. Mr. Bhutada joined Shilpa Medicare Limited in November 1987. He serves as the Director at Maia Phar...


CEO Compensation Analysis

Compensation vs Market: Vishnukanth's total compensation ($USD1.36M) is above average for companies of similar size in the Indian market ($USD360.66K).

Compensation vs Earnings: Vishnukanth's compensation has increased by more than 20% in the past year.


Board Members

NamePositionTenureCompensationOwnership
Vishnukanth Bhutada
MD & Directorno data₹99.24m9.45%
₹ 3.3b
Sharath Kalakota
VP of Technical & Whole-time Director1.25yrs₹5.25m0.034%
₹ 12.2m
Pramod Kasat
Independent Director10.83yrs₹40.00k0.11%
₹ 40.3m
Piyush Goenka
Additional Independent Director1.17yrs₹20.00kno data
Om Inani
Non-Executive Chairmanno data₹40.00k3.52%
₹ 1.2b
Rajender Reddy
Independent Director12.58yrs₹40.00k0.031%
₹ 11.1m
Naresh Patwari
Non-Executive Director4.08yrsno datano data
Sirisha Chintapalli
Independent Woman Director1.75yrs₹40.00kno data

4.1yrs

Average Tenure

52yo

Average Age

Experienced Board: 530549's board of directors are considered experienced (4.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Shilpa Medicare Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shilpa Medicare Limited
  • Ticker: 530549
  • Exchange: BSE
  • Founded: 1987
  • Industry: Pharmaceuticals
  • Sector: Pharmaceuticals & Biotech
  • Market Cap: ₹35.350b
  • Shares outstanding: 81.53m
  • Website: https://www.vbshilpa.com

Number of Employees


Location

  • Shilpa Medicare Limited
  • Shilpa House
  • #12-6-214/A1
  • Raichur
  • Karnataka
  • 584135
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
530549BSE (Mumbai Stock Exchange)YesEquity SharesININRJul 1995
SHILPAMEDNSEI (National Stock Exchange of India)YesEquity SharesININRJul 1995

Biography

Shilpa Medicare Limited, together with its subsidiaries, manufactures and sells active pharmaceutical ingredients (API’s), intermediates, and formulations in India, the United States, Europe, and internati...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/22 12:16
End of Day Share Price2021/01/22 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.