Solara Active Pharma Sciences Ltd - Stock Valuation and Financial Performance

BSE: 541540 | NSE: SOLARA | Pharmaceuticals & Drugs | Small Cap

Solara Active Pharma Share Price

686.95 -33.60 -4.66%
as on 20-Dec'24 16:59

DeciZen - make an informed investing decision on Solara Active Pharma

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Solara Active Pharma Sciences stock performance -

mw4me loader
P/E Ratio (CD):
0.00
Market Cap:
3,301 Cr.
52-wk low:
292.2
52-wk high:
886

Is Solara Active Pharma Sciences Ltd an attractive stock to invest in?

1. Is Solara Active Pharma Sciences Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Solara Active Pharma Sciences Ltd is a below average quality company.

2. Is Solara Active Pharma Sciences Ltd undervalued or overvalued?

The key valuation ratios of Solara Active Pharma Sciences Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Solara Active Pharma Sciences Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Solara Active Pharma Sciences 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 Solara Active 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.
Solara Active Pharma Sciences 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'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 0%0%0%2.2%10.4%11.7%15.3%-0.7%1.8%-17.3%-
Value Creation
Index
NANANA-0.8-0.3-0.20.1-1.1-0.9-2.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0005211,3871,3221,6171,2681,4441,2891,259
Sales YoY Gr.-NANANA166.2%-4.7%22.3%-21.6%13.8%-10.7%-
Adj EPS 0002.226.438.156.7-15.3-5.8-111.5-111.6
YoY Gr.-NANANA1087.8%44.4%48.9%-127%NANA-
BVPS (₹) 000285.4303.8338.2406.5390.1383.8238.7227.9
Adj Net
Profit
000673.8111221-59.6-22.6-435-536
Cash Flow from Ops. 00049.2166242155-242156109-
Debt/CF from Ops. 00012.93.22.93.9-4.26.49.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA-1.5%-7.3%-10.7%
Adj EPS NA-233.4%-225.3%NA
BVPSNA-4.7%-16.3%-37.8%
Share Price - 12.1% -9.1% 130.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
0000.88.610.916.5-3.8-1.5-35.8-47.8
Op. Profit
Mgn %
0001216.619.8246.49.3-7.4-3.9
Net Profit
Mgn %
0001.15.38.413.7-4.7-1.6-33.7-42.6
Debt to
Equity
0000.80.60.70.40.70.71.10.1
Working Cap
Days
0000163177178312310285109
Cash Conv.
Cycle
0000406470189194181-52

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years -7.28%

Debt to equity has increased versus last 3 years average to 1.07

Sales growth is not so good in last 4 quarters at -18.39%

Latest Financials - Solara Active Pharma Sciences Ltd.

Standalone Consolidated
TTM EPS (₹) -111.6 -111.6
TTM Sales (₹ Cr.) 1,259 1,259
BVPS (₹.) 228.9 227.9
Reserves (₹ Cr.) 1,335 1,047
P/BV 3.00 3.01
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 292.16 / 885.95
All Time Low / High (₹) 123.04 / 1713.61
Market Cap (₹ Cr.) 3,301
Equity (₹ Cr.) 48.1
Face Value (₹) 10
Industry PE 44.3

Management X-Ray of Solara Active Pharma:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *27.9828.1833.7340.4639.7943.4749.0647.9938.2838.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Solara Active Pharma

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales5211,3871,3221,6171,2681,4441,289
Operating Expenses 4581,1661,0621,2311,1881,3101,384
Manufacturing Costs79181172181194200233
Material Costs272705599724654789805
Employee Cost 69186204229236229244
Other Costs 3994879610493103
Operating Profit 6222125938680134-95
Operating Profit Margin (%) 12.0%15.9%19.6%23.9%6.3%9.3%-7.4%
Other Income 212282920235
Interest 258278847590105
Depreciation 348394109112111103
Exceptional Items 0000-30-190
Profit Before Tax 668115222-91-45-488
Tax 0100-33-2379
Profit After Tax 667115221-58-22-567
PAT Margin (%) 1.1%4.8%8.7%13.7%-4.6%-1.5%-44.0%
Adjusted EPS (₹)0.121.339.356.8-14.9-5.7-145.0
Dividend Payout Ratio (%)0%22%5%11%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 7648499851,5851,5241,499932
Share Capital 25262736363636
Reserves 7398249581,5491,4881,463896
Minority Interest4444223
Debt573439587516893884866
Long Term Debt243225233155283235106
Short Term Debt330214354361610649760
Trade Payables313244216309276306313
Others Liabilities 167422361174195130237
Total Liabilities 1,8211,9602,1532,5882,8902,8212,351

Fixed Assets

Gross Block1,1001,3091,5811,6751,7601,8681,876
Accumulated Depreciation36121213318429528611
Net Fixed Assets1,0631,1891,3681,3561,3321,3401,266
CWIP 71404088239238256
Investments 1000022
Inventories188214280295576558360
Trade Receivables263289227484490537349
Cash Equivalents 4776571994799
Others Assets189151181166206137111
Total Assets 1,8211,9602,1532,5882,8902,8212,351

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 49166242155-242156109
PBT 058115222-91-45-488
Adjustment 63148168173181187406
Changes in Working Capital -11-25-16-206-3141191
Tax Paid -3-14-24-33-18141
Cash Flow From Investing Activity -85-116-359-106-243-81-4
Capex -35-58-268-172-208-110-40
Net Investments 047-50500-10
Others -51-104-4115-343037
Cash Flow From Financing Activity 68-239792334-113-106
Net Proceeds from Shares 04430298300
Net Proceeds from Borrowing 532134-107169-62-114
Interest Paid -22-78-79-83-73-87-103
Dividend Paid 00-16-20-1100
Others 37-11128424637111
Net Cash Flow 3127-20142-151-380
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)0.788.3212.4817.23-3.75-1.47-46.64
ROCE (%)2.2210.3811.7315.34-0.671.79-17.29
Asset Turnover Ratio0.290.730.640.680.460.510.5
PAT to CFO Conversion(x)8.172.482.10.7N/AN/AN/A
Working Capital Days
Receivable Days184737180140130125
Inventory Days131536865125143130
Payable Days420144140132163135140

Solara Active Pharma Sciences Ltd Stock News

Solara Active Pharma Sciences Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Solara Active Pharma on 20-Dec-2024 16:59 is ₹687.0.
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 20-Dec-2024 16:59 the market cap of Solara Active Pharma stood at ₹3,301.
The latest P/E ratio of Solara Active Pharma as of 20-Dec-2024 16:59 is 0.00.
The latest P/B ratio of Solara Active Pharma as of 20-Dec-2024 16:59 is 3.00.
The 52-week high of Solara Active Pharma is ₹886.0 and the 52-week low is ₹292.2.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Solara Active Pharma is ₹1,259 ( Cr.) .

About Solara Active Pharma Sciences Ltd

Solara Active Pharma Sciences is a dynamic, entrepreneurial and customer-oriented API manufacturer. It has a legacy of over three decades and trace its origins to the API expertise of Strides Shasun Ltd. and the technical know-how of human API business from Sequent Scientific Ltd.

The company is poised to bridge the industry gap by delivering value-based products while maintaining focus on customer needs. It has hundreds of scientists working at its two R&D Centers and many API manufacturing facilities armed with global approvals and 2 dedicated R&D facilities. 

The company has a highly compliant manufacturing footprint spread over six large scale multi-product facilities. The company’s business is spread across several countries with extensive operations in the key markets of North America, Europe, Japan, South Korea and the Middle East and North Africa. 

Business area of the company

The company is a global, R&D focused, pureplay API company engaged in the manufacturing and development of APIs and offering Contract Manufacturing and Development Services for global companies. 

Products and services
  • Commercial and R&D products
  • Contract research and Manufacturing

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