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Adeshwar Meditex

₹29.5 0 | 0%

Market Cap ₹43 Cr.

Stock P/E

P/B 1.3

Current Price ₹29.5

Book Value ₹ 22.8

Face Value 10

52W High ₹36

Dividend Yield 0%

52W Low ₹ 18.3

Adeshwar Meditex Research see more...

Overview Inc. Year: 2007Industry: Pharmaceuticals & Drugs

Adeshwar Meditex Ltd manufactures and sells surgical wound dressing products and medical disposables. It offers sterile surgical wound dressing products, combidress/combipads, absorbent cotton gauzes, clinical bandages, plasters, antiseptics, and disinfectants, in addition to medical gloves and kits. The organisation was founded in 1951 and is centred in Mumbai, India.

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Adeshwar Meditex Share Price

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Quarterly Price

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Adeshwar Meditex Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

Adeshwar Meditex Profit & Loss

#(Fig in Cr.) Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 10 14 27 16 25 59 53 56 66 65 82
Other Income 0 0 0 0 0 0 2 0 0 0 0
Total Income 10 14 27 16 26 59 55 56 66 65 83
Total Expenditure 9 12 24 14 23 53 49 51 61 61 77
Operating Profit 1 2 3 2 2 6 6 6 5 4 6
Interest 0 0 0 1 1 2 2 3 2 2 2
Depreciation 0 0 0 0 0 0 0 0 0 0 1
Exceptional Income / Expenses 0 0 0 0 0 -0 0 0 0 0 0
Profit Before Tax 0 1 2 1 1 4 3 3 2 1 3
Provision for Tax 0 0 1 0 0 1 1 1 1 0 1
Profit After Tax 0 1 1 1 1 3 2 2 2 1 2
Adjustments 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 1 1 1 1 3 2 2 2 1 2
Adjusted Earnings Per Share 0 1.7 1.8 0.9 1.6 2.6 2.3 0 1.6 0.5 1.4

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 26% 14% 7% 23%
Operating Profit CAGR 50% 0% 0% 20%
PAT CAGR 100% 0% -8% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 40% NA% NA% NA%
ROE Average 6% 6% 9% 20%
ROCE Average 10% 9% 12% 19%

Adeshwar Meditex Balance Sheet

#(Fig in Cr.) Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 1 3 5 5 6 14 16 19 21 31 33
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 1 1 2 2 2 1 5 6 5 4 2
Other Non-Current Liabilities -0 1 1 1 1 1 1 0 0 0 0
Total Current Liabilities 9 8 7 7 7 18 22 29 36 37 31
Total Liabilities 11 12 15 15 16 33 44 55 62 72 67
Fixed Assets 3 3 3 3 3 2 2 2 2 3 4
Other Non-Current Assets 0 0 0 0 0 2 2 2 3 4 4
Total Current Assets 8 9 11 12 13 29 39 50 57 65 60
Total Assets 11 12 15 15 16 33 44 55 62 72 67

Adeshwar Meditex Cash Flow

#(Fig in Cr.) Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 0 0 0 0 0 1 1 1 2 1 2
Cash Flow from Operating Activities 0 0 0 0 0 -1 -6 -1 3 -2 6
Cash Flow from Investing Activities 0 0 0 0 0 0 -0 2 -1 -1 -1
Cash Flow from Financing Activities 0 0 0 0 0 1 6 -0 -3 4 -5
Net Cash Inflow / Outflow 0 0 0 0 0 0 0 1 -1 1 -0
Closing Cash & Cash Equivalent 0 0 0 0 0 1 1 2 1 2 2

Adeshwar Meditex Ratios

# Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 0 1.67 1.84 0.86 1.55 2.57 2.26 0 1.59 0.55 1.44
CEPS(Rs) 2.37 2.52 2.47 1.52 2.13 2.94 2.61 2.33 1.92 0.81 1.8
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 0 5.42 7.26 8.25 8.86 13.6 15.86 0 19.54 21.45 22.81
Core EBITDA Margin(%) 8.18 10 8.76 11.17 7.49 9.42 7.33 9.77 7.14 5.24 6.34
EBIT Margin(%) 4.69 9.75 7.84 9.23 7.23 8.96 10.11 9.67 7.02 5.01 6.06
Pre Tax Margin(%) 4.69 8.26 6.54 5.84 4.98 6.12 5.9 5.18 3.55 1.84 3.53
PAT Margin (%) 4.69 5.66 4.45 3.54 4.11 4.37 4.25 3.77 2.54 1.22 2.52
Cash Profit Margin (%) 8.18 8.53 5.99 6.23 5.63 4.99 4.92 4.37 3.07 1.81 3.16
ROA(%) 4.47 6.66 8.93 3.83 6.58 10.52 5.89 4.3 2.87 1.18 2.98
ROE(%) 46.21 41.04 32.99 11.31 18.17 26.33 15.34 12.19 8.5 3.08 6.49
ROCE(%) 19.91 32.84 29.48 15.72 16.75 28.76 17.59 14.29 11.13 6.98 10.06
Receivable days 85.57 78.19 49.42 85.65 58.55 67.55 127.89 154.51 152.53 168.39 133.88
Inventory Days 54.82 60.08 51.9 112.89 73.83 41.6 75.63 90.93 112.29 144.88 109.96
Payable days 362.4 243.19 77.05 130.77 58.45 34.42 53.66 84.56 102.36 128.91 98.77
PER(x) 0 0 0 0 0 0 0 0 0 49.96 11.66
Price/Book(x) 0 0 0 0 0 0 0 0 0 1.28 0.73
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.15 0.24 0.22 0.46 0.32 0.26 0.44 0.44 0.48 0.88 0.47
EV/Core EBITDA(x) 1.79 1.92 2.36 3.87 3.65 2.71 4.13 4.32 6.41 15.64 7.01
Net Sales Growth(%) 0 35.73 95.1 -38.93 54.66 132.68 -9.69 6.04 17.56 -1.84 27.18
EBIT Growth(%) 0 182.42 56.87 -28.09 21.13 188.15 1.94 1.38 -14.58 -30.01 53.94
PAT Growth(%) 0 63.75 53.64 -51.49 79.81 147.24 -12.1 -6 -20.73 -52.73 161.52
EPS Growth(%) 0 22.88 10.04 -52.99 79.81 65.43 -12.1 0 -20.72 -65.51 161.54
Debt/Equity(x) 1.12 1.17 0.86 0.89 0.92 0.86 1.26 1.13 1.09 0.61 0.5
Current Ratio(x) 0.95 1.14 1.55 1.86 1.79 1.61 1.76 1.71 1.59 1.76 1.9
Quick Ratio(x) 0.75 0.78 0.89 1.05 1.13 1.14 1.16 1.22 0.86 1.07 1.12
Interest Cover(x) 0 6.55 6.03 2.72 3.21 3.15 2.4 2.15 2.02 1.58 2.39
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0.48 0.68

Adeshwar Meditex Shareholding Pattern

# Mar 2013 Sep 2013 Sep 2014 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024
Promoter 0 0 0 42.65 42.65 42.65 42.65 42.65 42.65
FII 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0
Public 100 100 100 57.35 57.35 57.35 57.35 57.35 57.35
Others 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100

Pros

  • Debtor days have improved from 128.91 to 98.77days.
  • Company has reduced debt.

Cons

  • Promoter holding is low: 42.65%.
  • Company has a low return on equity of 6% over the last 3 years.
  • The company has delivered a poor profit growth of -7% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Adeshwar Meditex News

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