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Last Updated on: 22 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

Kopran Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 2:17 am

Market Cap 1,047 Cr.
Current Price 217
High / Low 370/198
Stock P/E19.8
Book Value 103
Dividend Yield1.38 %
ROCE13.8 %
ROE11.0 %
Face Value 10.0
PEG Ratio1.72

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Gujarat Themis Biosyn Ltd 3,354 Cr. 308 390/12863.6 20.50.22 %45.0 %33.8 % 1.00
Gujarat Terce Laboratories Ltd 62.6 Cr. 84.4 94.9/26.624.0 11.90.00 %9.72 %3.44 % 10.0
Gujarat Inject (Kerala) Ltd 35.9 Cr. 24.5 24.5/8.7446.6 6.640.00 %2.65 %2.08 % 10.0
Godavari Drugs Ltd 86.7 Cr. 115 155/87.013.0 55.40.00 %14.4 %15.5 % 10.0
Glenmark Life Sciences Ltd 12,416 Cr. 1,013 1,335/64529.3 2072.22 %28.1 %21.1 % 2.00
Industry Average14,994.84N/A46.07N/AN/A16.0715.77N/A

All Competitor Stocks of

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales11214075128132143126117158149117153159
Expenses9112166104105117112107146137111130135
Operating Profit211992427261310121262324
OPM %19%14%12%19%21%18%10%9%8%8%5%15%15%
Other Income4533421024202
Interest2111211122222
Depreciation2333333333333
Profit before tax2120823272410691141820
Tax %26%26%24%25%25%27%24%23%24%26%23%25%23%
Net Profit16156172018857831416
EPS in Rs3.633.481.473.954.643.631.580.961.441.670.572.863.28

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales199250303326296310313358360492478551577
Expenses178217260294266274283312313410390499513
Operating Profit21344331303631464782875265
OPM %11%13%14%10%10%12%10%13%13%17%18%9%11%
Other Income622-4811193-0181139
Interest1012141313149996568
Depreciation1212131088991010111313
Profit before tax51117-39112523322883823653
Tax %0%0%0%0%0%20%10%24%26%26%25%24%
Net Profit51117-39112020242162612740
EPS in Rs1.372.854.40-9.522.484.604.745.554.8614.2412.665.658.38
Dividend Payout %0%0%0%0%0%0%0%0%0%21%24%53%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)120.00%54.55%-329.41%128.21%81.82%0.00%20.00%-12.50%195.24%-1.61%-55.74%
Change in YoY Net Profit Growth (%)0.00%-65.45%-383.96%457.62%-46.39%-81.82%20.00%-32.50%207.74%-196.85%-54.12%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:7%
5 Years:11%
3 Years:8%
TTM:10%
Compounded Profit Growth
10 Years:11%
5 Years:16%
3 Years:-6%
TTM:68%
Stock Price CAGR
10 Years:15%
5 Years:48%
3 Years:-11%
1 Year:-12%
Return on Equity
10 Years:14%
5 Years:14%
3 Years:11%
Last Year:11%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 3:17 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital39394143434343434348484848
Reserves5067495781101125146202378391443449
Borrowings11213786809589978866757599124
Other Liabilities6356998478828592128110135153126
Total Liabilities263299275264298315351370439611650743747
Fixed Assets109105102101104104113111112151165182214
CWIP20201361024304336709783
Investments1100000000000
Other Assets134174172160187201214229284425415465450
Total Assets263299275264298315351370439611650743747

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +15346291626253160-333443
Cash from Investing Activity +-9-9-10-9-18-11-25-13-25-84-13-44
Cash from Financing Activity +-127-37-192-15-1-18-35123-201
Net Cash Flow-70-00-0-0-000521

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow21.00-78.00-94.00-55.00-50.00-59.00-58.00-51.00-41.0016.0012.00-23.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days75689170867588948997108126
Inventory Days8710378119122138129154121202133126
Days Payable111691191159511890951048489103
Cash Conversion Cycle50101507411396127153106215152149
Working Capital Days741086780109121117126113200177180
ROCE %12%14%14%14%19%14%16%14%30%21%8%14%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters43.78%44.25%44.25%44.25%44.29%44.29%44.49%44.49%44.49%44.49%44.49%44.49%
FIIs0.75%0.53%0.50%0.51%0.34%0.41%0.34%0.39%0.48%0.84%0.68%1.31%
DIIs0.16%0.14%0.13%0.14%0.14%0.14%0.14%0.35%0.14%1.20%0.14%0.22%
Public55.31%55.07%55.11%55.09%55.22%55.15%55.03%54.78%54.88%53.47%54.68%53.98%
No. of Shareholders37,82239,90640,88341,76842,03441,56744,03853,79151,63650,85051,49257,154

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Quant Healthcare Fund101,0671.412.28101,0672024-12-110%
Motilal Oswal S&P BSE Healthcare ETF2510.070.01101,0672024-12-11-99.75%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)10.575.6513.7714.244.86
Diluted EPS (Rs.)10.575.6513.7714.244.86
Cash EPS (Rs.)13.248.2914.9616.607.07
Book Value[Excl.RevalReserv]/Share (Rs.)101.9091.1188.4056.6543.86
Book Value[Incl.RevalReserv]/Share (Rs.)101.9091.1188.4056.6543.86
Revenue From Operations / Share (Rs.)127.48114.2999.05113.7183.12
PBDIT / Share (Rs.)18.4711.3820.3323.0710.94
PBIT / Share (Rs.)15.798.7418.0220.718.73
PBT / Share (Rs.)14.017.4816.9619.276.54
Net Profit / Share (Rs.)10.575.6512.6614.244.86
NP After MI And SOA / Share (Rs.)10.575.6512.6614.244.86
PBDIT Margin (%)14.489.9520.5220.2813.16
PBIT Margin (%)12.387.6418.1918.2110.50
PBT Margin (%)10.996.5417.1216.947.86
Net Profit Margin (%)8.294.9412.7812.525.84
NP After MI And SOA Margin (%)8.294.9412.7812.525.84
Return on Networth / Equity (%)10.376.1914.3225.1411.08
Return on Capital Employeed (%)14.518.9118.9132.1416.31
Return On Assets (%)6.854.199.9914.025.65
Long Term Debt / Equity (X)0.030.040.040.080.16
Total Debt / Equity (X)0.200.170.170.260.41
Asset Turnover Ratio (%)0.880.870.450.640.52
Current Ratio (X)2.082.252.741.721.59
Quick Ratio (X)1.441.521.751.100.95
Inventory Turnover Ratio (X)2.932.291.821.811.90
Dividend Payout Ratio (NP) (%)28.3853.1010.6210.530.00
Dividend Payout Ratio (CP) (%)22.6536.208.999.030.00
Earning Retention Ratio (%)71.6246.9089.3889.470.00
Cash Earning Retention Ratio (%)77.3563.8091.0190.970.00
Interest Coverage Ratio (X)10.369.0219.1515.995.31
Interest Coverage Ratio (Post Tax) (X)6.935.4812.9310.873.42
Enterprise Value (Cr.)1330.79595.141372.72511.32182.95
EV / Net Operating Revenue (X)2.171.082.871.040.50
EV / EBITDA (X)14.9510.8514.015.133.87
MarketCap / Net Operating Revenue (X)2.030.962.840.920.30
Retention Ratios (%)71.6146.8989.3789.460.00
Price / BV (X)2.541.213.191.850.57
Price / Net Operating Revenue (X)2.030.962.840.920.30
EarningsYield0.040.050.040.130.19

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 22, 2024 is: 227.43

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 22, 2024, is Undervalued by 4.81% compared to the current share price 217.00

Intrinsic Value of as of December 22, 2024 is: 253.61

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 22, 2024, is Undervalued by 16.87% compared to the current share price 217.00

Last 5 Year EPS CAGR: 11.51%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 15.83%, which is a positive sign.
  2. The company has higher reserves (195.31 cr) compared to borrowings (94.08 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (370.23 cr) and profit (28.23 cr) over the years.
  1. The stock has a high average Working Capital Days of 122.67, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 115.50, which may not be favorable.
  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
    1. Net Profit Margin: 8.29%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 14.51% (Industry Average ROCE: 16.07%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 10.37% (Industry Average ROE: 15.77%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 6.93
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 1.44
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 19.8 (Industry average Stock P/E: 46.07)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.2
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Kopran Ltd. is a Public Limited Listed company incorporated on 26/04/1958 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L24230MH1958PLC011078 and registration number is 011078. Currently Company is involved in the business activities of Manufacture of medicinal substances used in the manufacture of pharmaceuticals: antibiotics, endocrine products, basic vitamins; opium derivatives; sulpha drugs; serums and plasmas; salicylic acid, its salts and esters; glycosides and vegetable alkaloids; chemically pure suger etc.. Company’s Total Operating Revenue is Rs. 204.52 Cr. and Equity Capital is Rs. 48.21 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
PharmaceuticalsParijat House, 1076, Dr. E. Moses Road, Mumbai Maharashtra 400018investors@kopran.com
http://www.kopran.com
Management
NamePosition Held
Mr. Susheel G SomaniChairman
Mr. Surendra SomaniExecutive Vice Chairman
Mr. Adarsh SomaniDirector
Mr. Varun SomaniDirector
Dr. Siddhan SubramanianIndependent Director
Dr. Sunita BanerjiIndependent Director
Mrs. Mamta BiyaniIndependent Director
Mr. Narayan AtalIndependent Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 22 December 2024 is ₹227.43, which is 4.81% higher than the current market price of ₹217.00. The stock has a market capitalization of 1,047 Cr. and recorded a high/low of 370/198 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹449 Cr and total liabilities of ₹747 Cr.

What is the Market Cap of ?

The Market Cap of is 1,047 Cr..

What is the current Stock Price of as on 22 December 2024?

The current stock price of as on 22 December 2024 is 217.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 370/198.

What is the Stock P/E of ?

The Stock P/E of is 19.8.

What is the Book Value of ?

The Book Value of is 103.

What is the Dividend Yield of ?

The Dividend Yield of is 1.38 %.

What is the ROCE of ?

The ROCE of is 13.8 %.

What is the ROE of ?

The ROE of is 11.0 %.

What is the Face Value of ?

The Face Value of is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in . Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE