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Bliss GVS Pharma Overview

Bliss GVS Pharma Ltd develops, manufactures, and markets pharmaceutical formulations in India. It gives pharma merchandise, such as drugs, creams/gels/ointments, dry powder for injections and oral suspensions, effervescent capsules, eye/ear drops, injections, liquid arrangements, creams, lozenges, nasal solutions, oral solids, parenterals, pessaries, sachets, tender gelatin tablets, suppositories, suspensions, syrups, capsules, topical preparation, and transdermal patches. The company additionally gives other healthcare merchandise, consisting ...Read More

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Bliss GVS Pharma Key Financials

Market Cap ₹2928 Cr.

Stock P/E 32.4

P/B 2.5

Current Price ₹276.8

Book Value ₹ 109.4

Face Value 1

52W High ₹280.2

Dividend Yield 0.18%

52W Low ₹ 105.1

Bliss GVS Pharma Share Price

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Volume
Price

Bliss GVS Pharma Quarterly Price

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Bliss GVS Pharma Peer Comparison

Bliss GVS Pharma Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 212 201 198 184 218 210 198 207 244 218
Other Income 13 5 6 4 7 15 12 35 20 18
Total Income 224 206 204 188 224 226 210 243 265 237
Total Expenditure 158 157 170 149 178 181 177 166 213 183
Operating Profit 67 49 34 38 47 45 33 77 52 53
Interest 1 2 2 2 4 1 2 5 3 1
Depreciation 6 7 7 7 7 8 8 8 8 8
Exceptional Income / Expenses 0 0 -29 0 0 0 0 0 0 -3
Profit Before Tax 59 40 -4 30 36 36 23 63 41 41
Provision for Tax 16 11 1 8 10 11 7 19 12 16
Profit After Tax 43 29 -5 22 26 26 17 44 29 25
Adjustments -1 -1 -4 -1 -1 -2 -1 -1 -1 -2
Profit After Adjustments 42 28 -9 21 24 24 16 43 27 23
Adjusted Earnings Per Share 4.1 2.6 -0.9 2 2.3 2.3 1.5 4.1 2.6 2.2

Bliss GVS Pharma Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 407 547 798 815 899 689 577 747 752 770 810 867
Other Income 20 24 13 27 38 39 22 31 18 29 36 85
Total Income 427 571 811 841 936 728 599 779 769 799 846 955
Total Expenditure 304 391 596 618 741 566 471 629 634 620 683 739
Operating Profit 124 180 215 224 195 163 129 150 135 179 163 215
Interest 16 19 20 23 4 8 7 5 10 7 8 11
Depreciation 11 13 20 21 9 13 17 17 19 26 29 32
Exceptional Income / Expenses 0 0 0 -34 0 -13 0 -74 0 -29 0 -3
Profit Before Tax 96 148 175 145 182 129 104 54 106 117 126 168
Provision for Tax 35 48 63 57 55 34 30 31 29 35 35 54
Profit After Tax 61 100 113 89 127 95 74 23 77 82 90 115
Adjustments -1 -18 -31 -30 -3 2 -5 -8 -6 -6 -6 -5
Profit After Adjustments 60 82 82 59 124 97 68 15 71 75 84 109
Adjusted Earnings Per Share 5.8 8 8 5.7 12 9.4 6.6 1.5 6.8 7.2 8 10.4

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 5% 3% 3% 7%
Operating Profit CAGR -9% 3% 0% 3%
PAT CAGR 10% 58% -1% 4%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 133% 53% 22% 9%
ROE Average 9% 9% 8% 15%
ROCE Average 12% 12% 11% 19%

Bliss GVS Pharma Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 337 413 487 536 646 736 808 819 884 967 1050
Minority's Interest 15 33 66 11 14 15 20 28 34 36 41
Borrowings 57 38 26 6 33 37 33 23 41 36 20
Other Non-Current Liabilities 10 11 7 7 5 9 13 6 2 16 17
Total Current Liabilities 243 379 437 299 207 231 204 233 193 157 172
Total Liabilities 662 874 1023 860 905 1027 1077 1109 1154 1212 1301
Fixed Assets 234 225 304 136 145 241 234 281 378 369 405
Other Non-Current Assets 10 66 153 34 66 17 78 51 78 31 69
Total Current Assets 417 583 566 690 693 770 765 777 697 811 819
Total Assets 662 874 1023 860 905 1027 1077 1109 1154 1212 1301

Bliss GVS Pharma Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 39 5 0 47 37 15 15 13 22 25 24
Cash Flow from Operating Activities 38 113 289 18 40 47 64 135 34 103 106
Cash Flow from Investing Activities -29 -50 -231 50 -74 -48 -47 -93 -8 -83 -75
Cash Flow from Financing Activities -42 -40 -10 -76 17 -6 -21 -24 -25 -21 -30
Net Cash Inflow / Outflow -33 23 48 -8 -17 -7 -4 19 2 -1 0
Closing Cash & Cash Equivalent 5 28 47 37 15 15 13 22 25 24 24

Bliss GVS Pharma Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 5.81 8 7.95 5.7 11.99 9.43 6.64 1.45 6.8 7.21 8
CEPS(Rs) 7.05 10.99 12.88 10.67 13.15 10.46 8.84 3.9 9.16 10.31 11.36
DPS(Rs) 0.7 0.5 0.6 1 1 0.5 0.5 0.5 0.5 0.5 0.5
Book NAV/Share(Rs) 32.64 40 47.18 51.99 62.63 71.32 77.41 78.01 84.01 91.65 99.09
Core EBITDA Margin(%) 25.25 28.34 25.27 24.18 17.54 17.89 18.48 15.83 15.61 19.56 15.65
EBIT Margin(%) 27.45 30.36 24.32 20.62 20.74 19.81 19.29 7.88 15.49 16.07 16.52
Pre Tax Margin(%) 23.44 26.97 21.86 17.82 20.24 18.71 18.04 7.25 14.11 15.17 15.52
PAT Margin (%) 14.99 18.22 14.04 10.88 14.1 13.82 12.82 3.09 10.21 10.59 11.15
Cash Profit Margin (%) 17.75 20.64 16.55 13.5 15.09 15.64 15.8 5.41 12.69 14.02 14.78
ROA(%) 9.01 13.04 11.88 9.42 14.35 9.86 7.03 2.12 6.78 6.9 7.18
ROE(%) 19.74 26.73 25.06 17.34 21.43 13.79 9.64 2.88 9.11 8.89 9.01
ROCE(%) 23.57 32.07 31.06 24.61 26.58 17.02 12.49 6.37 12.22 12.15 12.29
Receivable days 206.07 182.13 126.33 123.8 154.2 267.05 319.89 209.14 188.89 187.07 189.93
Inventory Days 29.51 24.04 20.01 24.25 27.7 40.11 54.72 54.42 55.12 52.48 55.03
Payable days 194.35 145.29 105.12 73.11 40.93 70.02 90.85 77.87 81.4 70.38 58.4
PER(x) 22.21 15.86 22.18 34.28 15 10.69 14.86 53.04 10.47 15.63 14.69
Price/Book(x) 3.95 3.17 3.74 3.76 2.87 1.41 1.28 0.99 0.85 1.23 1.19
Dividend Yield(%) 0.54 0.39 0.34 0.51 0.56 0.5 0.51 0.65 0.7 0.44 0.43
EV/Net Sales(x) 3.52 2.49 2.37 2.51 2.06 1.53 1.72 0.97 0.98 1.37 1.35
EV/Core EBITDA(x) 11.58 7.56 8.8 9.14 9.48 6.51 7.72 4.84 5.46 5.86 6.72
Net Sales Growth(%) 18.13 34.33 45.99 2.03 10.3 -23.29 -16.26 29.5 0.55 2.48 5.13
EBIT Growth(%) 26.98 48.37 16.96 -13.84 10.85 -26.72 -18.43 -47.11 97.66 6.31 8.06
PAT Growth(%) 49.63 63.12 12.52 -21.32 42.86 -24.8 -22.34 -68.74 231.8 6.31 10.64
EPS Growth(%) 46.15 37.68 -0.53 -28.35 110.46 -21.38 -29.58 -78.15 368.97 5.94 11
Debt/Equity(x) 0.47 0.32 0.46 0.22 0.16 0.16 0.15 0.13 0.11 0.09 0.07
Current Ratio(x) 1.72 1.54 1.29 2.3 3.35 3.34 3.76 3.33 3.61 5.15 4.77
Quick Ratio(x) 1.58 1.44 1.18 2.11 2.98 3.02 3.27 2.8 3.08 4.4 4.04
Interest Cover(x) 6.85 8.96 9.91 7.37 42.21 18.04 15.38 12.42 11.23 17.91 16.47
Total Debt/Mcap(x) 0.12 0.1 0.12 0.06 0.05 0.12 0.12 0.13 0.13 0.07 0.06

Bliss GVS Pharma Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 34.97 34.97 34.9 34.82 35.1 35.29 35.44 35.39 35.36 35.36
FII 15.35 14.73 13.25 12.13 13.51 13.18 12.65 13.27 14.54 10.45
DII 6.61 6.59 6.58 6.57 6.55 6.55 6.54 5.98 5.78 5.04
Public 43.08 43.71 45.27 46.49 44.84 44.98 45.36 45.36 44.32 49.15
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Bliss GVS Pharma News

Bliss GVS Pharma Pros & Cons

Pros

  • Debtor days have improved from 70.38 to 58.4days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 35.36%.
  • Company has a low return on equity of 9% over the last 3 years.
  • The company has delivered a poor profit growth of -1% over past five years.
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