JB Chemicals & Pharmaceuticals Ltd - Stock Valuation and Financial Performance

BSE: 506943 | NSE: JBCHEPHARM | Pharmaceuticals & Drugs | Small Cap

JB Chem & Pharma Share Price

1,695 29.10 1.75%
as on 21-Nov'24 14:01

DeciZen - make an informed investing decision on JB Chem & Pharma

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

JB Chemicals & Pharmaceuticals stock performance -

mw4me loader
P/E Ratio (SA):
43.11
Market Cap:
25,873.8 Cr.
52-wk low:
1,377
52-wk high:
2,029

Is JB Chemicals & Pharmaceuticals Ltd an attractive stock to invest in?

1. Is JB Chemicals & Pharmaceuticals Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that JB Chemicals & Pharmaceuticals Ltd is a good quality company.

2. Is JB Chemicals & Pharmaceuticals Ltd undervalued or overvalued?

The key valuation ratios of JB Chemicals & Pharmaceuticals Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is JB Chemicals & Pharmaceuticals Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of JB Chemicals & Pharmaceuticals 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 JB Chem & Pharma:

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.
JB Chemicals & Pharmaceuticals 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

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 14.7%19.1%15.7%12.5%18.3%23%36.3%24%22%25.1%-
Value Creation
Index
0.10.40.1-0.10.30.61.70.80.61.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,0611,1651,1991,2551,5011,6411,8922,1902,8843,2993,517
Sales YoY Gr.-9.8%2.9%4.7%19.6%9.3%15.3%15.7%31.7%14.4%-
Adj EPS 6.58.88.76.410.716.725.921.725.534.238.6
YoY Gr.-35.2%-1.6%-26.4%68.5%55.6%55.3%-16.4%17.4%34.3%-
BVPS (₹) 59.972.181.88792.593.5116.9132.1150177203.3
Adj Net
Profit
110149147106172258401335394531600
Cash Flow from Ops. 143171178116193272335147629789-
Debt/CF from Ops. 0.710.30.30.10.10.10.20.80.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 13.4%17.1%20.4%14.4%
Adj EPS 20.2%26.1%9.7%34.3%
BVPS12.8%13.9%14.8%18%
Share Price 32.3% 54.2% 26.9% 13.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
10.713.311.37.511.717.624.617.117.319.920.3
Op. Profit
Mgn %
18.619.61915.919.522.629.223.223.426.627.1
Net Profit
Mgn %
10.412.812.38.511.515.721.215.313.716.117.1
Debt to
Equity
0.10.10000000.20.10
Working Cap
Days
16221427629026922419122020320089
Cash Conv.
Cycle
10095969887817584736553

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 20.30%

Sales growth is growing at healthy rate in last 3 years 20.36%

Sales growth is good in last 4 quarters at 12.86%

Net Profit has been subdued in last 3 years 9.67%

Latest Financials - JB Chemicals & Pharmaceuticals Ltd.

Standalone Consolidated
TTM EPS (₹) 38.6 39.4
TTM Sales (₹ Cr.) 3,517 3,711
BVPS (₹.) 203.3 206.8
Reserves (₹ Cr.) 3,142 3,197
P/BV 8.20 8.05
PE 43.11 42.34
From the Market
52 Week Low / High (₹) 1376.95 / 2029.00
All Time Low / High (₹) 2.70 / 2029.00
Market Cap (₹ Cr.) 25,874
Equity (₹ Cr.) 15.5
Face Value (₹) 1
Industry PE 43

Management X-Ray of JB Chem & Pharma:

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 JB Chem & Pharma

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales1,0611,1651,1991,2551,5011,6411,8922,1902,8843,299
Operating Expenses 8689399801,0731,2131,2721,3401,6812,2192,422
Manufacturing Costs276175178189203191197248292308
Material Costs3234704694845365696267441,0371,109
Employee Cost 147166188217258294306399500565
Other Costs 122129145182215219211290391439
Operating Profit 193226219182288368552509665877
Operating Profit Margin (%) 18.2%19.4%18.2%14.5%19.2%22.4%29.2%23.2%23.0%26.6%
Other Income 10565056405011639937
Interest 7105353753441
Depreciation 3840465655656771112135
Exceptional Items 00000-100000
Profit Before Tax 159231217179269340594471527738
Tax 465144518771147110138195
Profit After Tax 114179173128182268447361389543
PAT Margin (%) 10.7%15.4%14.4%10.2%12.1%16.3%23.6%16.5%13.5%16.5%
Adjusted EPS (₹)6.710.610.27.711.417.428.923.425.135.0
Dividend Payout Ratio (%)105%24%5%13%22%32%29%35%35%35%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 1,0161,2231,3881,4531,4851,4451,8062,0412,3212,746
Share Capital 17171717161515151516
Reserves 9991,2061,3711,4371,4691,4301,7912,0262,3052,731
Minority Interest0000000000
Debt10517449282629262639024
Long Term Debt0000000038324
Short Term Debt10517449282629262670
Trade Payables626979100111152164196222332
Others Liabilities 2655395816467053855427351,0831,495
Total Liabilities 1,4492,0052,0972,2282,3272,0122,5392,9994,0154,597

Fixed Assets

Gross Block5726809649801,0121,1051,1081,7972,5222,749
Accumulated Depreciation271310355410460522544593701824
Net Fixed Assets3013696095705525835651,2041,8221,925
CWIP 55135417151626195576
Investments 597612544567589536811146339531
Inventories128133160176208232279350387461
Trade Receivables248266265301300344374518524625
Cash Equivalents 911715211226405664
Others Assets109479508583641289458723833915
Total Assets 1,4492,0052,0972,2282,3272,0122,5392,9994,0154,597

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 143171178116193272335147629789
PBT 159231217179269340594471527738
Adjustment 36-1010152715-5697203187
Changes in Working Capital -141-0-40-424-61-294-13-9
Tax Paid -38-51-49-38-61-87-140-127-89-128
Cash Flow From Investing Activity -122-52-42-24-2824-2314-956-412
Capex -70-189-153-29-41-691-697-757-257
Net Investments -5311710931091-233700-186-150
Others 119213211-13-6
Cash Flow From Financing Activity -23-97-165-59-156-305-87-138343-374
Net Proceeds from Shares 10000000820
Net Proceeds from Borrowing 00000000521-179
Interest Paid -4-2-3-3-4-2-6-2-31-41
Dividend Paid -30-188-6-10-21-141-73-128-128-157
Others 1092-156-46-131-163-7-8-28-17
Net Cash Flow -222-30329-101813163
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)11.0116.0113.259.0112.3918.327.518.7717.8321.45
ROCE (%)14.6519.1315.6512.518.322.9636.3324.0422.0225.13
Asset Turnover Ratio0.770.670.580.580.660.760.830.810.850.79
PAT to CFO Conversion(x)1.250.961.030.911.061.010.750.411.621.45
Working Capital Days
Receivable Days84818182737269736461
Inventory Days41414549474949514545
Payable Days64515768728492887491

JB Chemicals & Pharmaceuticals Ltd Stock News

JB Chemicals & Pharmaceuticals Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of JB Chem & Pharma on 21-Nov-2024 14:01 is ₹1,695.
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 21-Nov-2024 14:01 the market cap of JB Chem & Pharma stood at ₹25,873.8.
The latest P/E ratio of JB Chem & Pharma as of 21-Nov-2024 14:01 is 43.11.
The latest P/B ratio of JB Chem & Pharma as of 21-Nov-2024 14:01 is 8.20.
The 52-week high of JB Chem & Pharma is ₹2,029 and the 52-week low is ₹1,377.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of JB Chem & Pharma is ₹3,517 ( Cr.) .

About JB Chemicals & Pharmaceuticals Ltd

Established in 1976, J.B.Chemicals & Pharmaceuticals Ltd. (JBCPL) is one of India’s fastest growing pharmaceutical companies. An integrated, research-oriented, public listed organisation with a focus on supplying affordable, quality products both in India and International markets, JBCPL is trusted by healthcare professionals globally.

JBCPL is widely committed to manufacturing a range of innovative specialty products that include various pharmaceutical dosage forms like tablets, injectable (vials, ampoules, form fill seal), creams & ointments, lozenges, herbal liquids and capsules. In India and International markets, JBCPL is also known as Unique Pharmaceutical Laboratories and is a division of JBCPL.

JBCPL exports too many countries worldwide with presence in US, Europe, Australia, South Africa, other developing countries, Russia and CIS. The Company continues to invest in growing its share in the regulated markets such as USA, Europe and Australia. JBCPL has a strong R&D and regulatory set-up for development of new drug delivery system and formulations, filing of ANDAs and DMFs. Its state-of-the-art manufacturing facilities are approved by health authorities of key regulated markets.

Business area of the company

J. B. Chemicals & Pharmaceuticals is engaged in the business of manufacturing and marketing of diverse range of pharmaceutical formulations, herbal remedies and APIs.

Milestones & awards

1996-97

  • Shri. Dinesh Mody, Director, JBCPL, receiving the Prestigious National Export Award/Trophy for the year 1996-97, from the Hon’ble Prime Minister of India, Shri. Atal Behari Vajpayee

1999

  • J. B. Chemical & Pharmaceuticals Ltd. is honoured with the IDMA Quality Excellence Award: ‘Certificate of Merit’ for distinction in quality manufacturing at its manufacturing unit in Panoli.

2000

  • Company awarded a Golden Status certificate by the Govt. of India.

2001

  • J.B. Chemical & Pharmaceuticals Ltd. receives CHEMEXCIL’s ‘First Award’ for Outstanding Export Performance of Pharmaceuticals in the large-scale manufacturer’s category. Received South Africa MCA approval for its tablets facility at Panoli.

2003

  • First ANDA filing with USFDA for Ciprofloxacin.
  • First company to market Rantac CD.
  • Approval from Columbian Drug Regulatory Authority INVIMA for its state-of-the-art facility at Panoli.

2004

  • Features in the Forbes Global list 100 for “Best under $1 Billion” in Asia-Pacific.
  • Receives its maiden USFDA approval to market Ciprofloxacin tablets in the US market.
  • UKMHRA approves JBCPL’s tablet manufacturing facility at Panoli.

2005

  • TGA Australia approves JBCPL’s tablet manufacturing facilities at Panoli, Gujarat, India.
  • JBCPL receives USFDA approval to market Fluconazole tablets in the US market.
  • JBCPL features in Forbes Asia Pacific 200 List for “Best under a Billion” for second year in a row.

2006

  • The ‘Niryat Shree’ Certificate of Excellence was awarded to Unique Pharmaceutical Laboratories Limited, a division of JBCPL, by the Federation of Indian Export Organisations (FIEO) for outstanding export performance in the category of Chemicals, Drugs, Pharma & Allied Products, Non-SSI for the year 2004-05.

2007

  • JBCPL’s Annual Report for the year ended March 31, 2005 was awarded a merit certificate by the South Asian Federation of Accountants (SAFA), an apex body of SAARC, for the Best Presented Accounts for the year 2005 in the category of “Hospitality, Health, Transport, Shipping, etc.’

2008

  • Made a strategic investment in a company in South Africa called Biotech Laboratories.

2011

  • Divested the OTC portfolio in Russia, Ukraine and CIS to J&J.

2016

  •  Resignation of a director - Dr. Niranjan Maniar due to health problem.

2017

  • Shri J. B. Mody, Chairman, receives Lifetime Achievement Award.
  • Mr. J. B. Mody’s Lifetime Achievement Award AV on 13-11-2017.

2018

  • US FDA has approved Company's Abbreviated New Drug Application (ANDA) for Midodrine Hydrochloride Tablets USP 2.5 mg, 5 mg. and 10 mg. (for treatment of orthostatic hypotension).

2020

  • This is to inform you that US FDA has approved Company's Abbreviated New Drug Application (ANDA) for Carbamazepine Extended Release Tablets USP 100 mg, 200 mg and 400 mg.
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