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Key Financials Snapshot

TTM · Standalone · ₹ in Cr
Market Cap
₹101 Cr.
Stock P/E
12.5
P/B
1.1
Current Price
₹72.6
Book Value
₹ 65.6
Face Value
10
52W High
₹114.8
52W Low
₹ 56.1
Dividend Yield
2.06%

Denis Chem Lab Overview

Business

Denis Chem Lab Ltd. is an Indian company operating in the Pharmaceuticals & Drugs sector. As a pharmaceutical company, its core business involves the manufacturing, development, and marketing of various pharmaceutical formulations and potentially Active Pharmaceutical Ingredients (APIs). The company's business model likely focuses on producing generic drugs, specialized formulations, or contract manufacturing for other pharmaceutical companies. It generates revenue through the sale of its pharmaceutical products to the domestic Indian market, including pharmacies, hospitals, and government tenders, and potentially through exports to international markets.

Revenue Mix

Specific segment breakdowns for Denis Chem Lab Ltd. are not publicly available within this context. Typically, pharmaceutical companies derive revenue from segments such as:

Formulations: Finished dosage forms (tablets, capsules, injections, syrups, etc.) across various therapeutic areas.

Active Pharmaceutical Ingredients (APIs): Raw materials used to produce formulations.

Domestic Sales vs. International Sales (Exports): Geographic segmentation.

Therapeutic Areas: Sales focused on specific medical conditions (e.g., cardiovascular, anti-infectives, pain management).

Without specific data, it is reasonable to assume that like many Indian pharma companies, formulations likely represent a significant portion of its revenue.

Industry

The Indian Pharmaceuticals & Drugs industry is one of the largest and fastest-growing globally, characterized by its strength in generic drug manufacturing, cost-effective R&D, and a large domestic market. The industry is highly competitive and fragmented, comprising large integrated players, mid-sized companies, and numerous smaller specialized firms. Denis Chem Lab Ltd. operates within this competitive landscape. Its positioning within the industry would depend on its product portfolio, therapeutic focus, manufacturing capabilities, market share in specific segments, and presence in regulated vs. unregulated markets. It is likely a mid-tier or niche player focusing on specific therapeutic categories or a regional presence, competing with a wide array of domestic and international companies.

MOAT

Without specific details, any competitive advantages for Denis Chem Lab Ltd. would likely stem from:

Cost-Effective Manufacturing: Ability to produce high-quality generics at competitive prices, leveraging India's manufacturing prowess.

Regulatory Approvals: Obtaining specific product approvals (e.g., US FDA, EU GMP, domestic CDSCO) for its manufacturing facilities and products, creating barriers to entry for competitors.

Niche Product Focus: Specialization in certain therapeutic areas or complex generics where competition might be less intense.

Distribution Network: A strong and efficient distribution network within India or in its target export markets.

Process Know-how: Proprietary manufacturing processes that lead to better yields or lower costs.

It is less likely to possess a strong patent moat, as that is more common for innovator drug companies.

Growth Drivers

Key factors that could drive growth for Denis Chem Lab Ltd. over the next 3-5 years include:

Increasing Healthcare Expenditure: Growing disposable incomes and government healthcare initiatives in India.

Rising Disease Prevalence: Increasing incidence of chronic and lifestyle diseases drives demand for pharmaceuticals.

Generic Market Expansion: Continued global demand for affordable generic medicines, particularly in regulated markets.

New Product Launches: Introduction of new generic formulations or differentiated products.

Capacity Expansion/Operational Efficiency: Investment in manufacturing capabilities and streamlining operations.

Export Opportunities: Expanding geographical reach into new international markets.

Risks

Denis Chem Lab Ltd. faces several risks inherent to the pharmaceutical sector:

Intense Competition and Pricing Pressure: Highly competitive market, especially in generics, leading to margin erosion.

Regulatory Changes: Stringent and evolving regulations related to product approvals, manufacturing standards, and drug pricing in India and export markets.

Raw Material Volatility: Fluctuations in the prices and availability of Active Pharmaceutical Ingredients (APIs) and excipients, often sourced globally.

Product Recalls & Litigation: Risks associated with product quality issues, adverse events, or intellectual property disputes.

Forex Fluctuations: Exposure to currency risks if there is significant import of raw materials or export of finished goods.

R&D Failures: Investments in research and development may not always yield successful or commercially viable products.

Management & Ownership

In India, pharmaceutical companies often have a significant promoter (founder/family) holding, guiding the company's long-term vision. Management quality would typically be assessed based on their strategic execution, ability to navigate regulatory challenges, R&D pipeline management, and financial performance. Without specific information, it is assumed that the company has a professional management team responsible for day-to-day operations and strategic direction, working alongside the promoter group. The ownership structure would likely involve the promoter group holding a substantial stake, with the remaining shares held by institutional investors (domestic and foreign) and the public.

Outlook

Denis Chem Lab Ltd., as a participant in the Indian pharmaceutical sector, operates in an industry with fundamental long-term growth drivers such as rising healthcare demand, increasing access to medicines, and opportunities in the global generics market. The company could benefit from efficient manufacturing capabilities, strategic product development, and expansion into attractive therapeutic areas or export markets.

However, the sector is also characterized by significant challenges. Intense competition, continuous pricing pressure, stringent and evolving regulatory landscapes, and the inherent risks associated with raw material sourcing and product development pose ongoing threats. The company's future performance will largely depend on its ability to effectively manage these risks, innovate within its chosen segments, maintain cost efficiencies, and strategically expand its market presence both domestically and internationally. A balanced view suggests potential for growth driven by industry tailwinds, but tempered by high competitive intensity and regulatory complexities.

Denis Chem Lab Share Price

Live · BSE · Inception: 1980
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Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Standalone · annual

Denis Chem Lab 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 45 40 40 41 48 43 41 43 46 46
Other Income 1 0 1 0 1 0 1 0 1 0
Total Income 46 40 40 42 48 43 43 44 47 46
Total Expenditure 40 34 35 37 42 39 39 38 42 39
Operating Profit 6 6 6 5 6 4 3 5 5 6
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 2 2 2 2 2 2 2 2 2 2
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 4 4 4 3 5 2 1 3 3 4
Provision for Tax 1 1 1 1 1 0 1 1 1 1
Profit After Tax 3 3 3 2 4 2 1 2 2 3
Adjustments 0 0 -0 0 0 0 0 0 0 0
Profit After Adjustments 3 3 3 2 4 2 1 2 2 3
Adjusted Earnings Per Share 1.8 2.3 2 1.5 2.5 1.3 0.5 1.8 1.6 2.4

Denis Chem Lab 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 77 100 113 107 124 136 109 137 161 168 173 176
Other Income 0 0 1 1 2 0 0 1 1 1 2 2
Total Income 77 100 114 108 126 136 110 138 161 169 176 180
Total Expenditure 68 91 99 95 110 121 99 122 142 147 157 158
Operating Profit 10 9 15 13 16 15 11 15 19 23 18 19
Interest 5 7 6 5 3 3 2 1 1 1 1 0
Depreciation 4 6 7 6 6 7 6 6 8 7 7 8
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 -3 2 2 6 6 3 9 11 15 11 11
Provision for Tax 0 1 1 -0 -0 2 1 3 3 4 3 4
Profit After Tax 0 -4 1 2 6 4 2 6 8 11 8 8
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 -4 1 2 6 4 2 6 8 11 8 8
Adjusted Earnings Per Share 0.1 -4.7 1 1.5 4.6 3 1.6 4.5 5.7 8 5.8 6.3

Denis Chem Lab 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 17 16 30 50 56 59 62 66 72 80 85
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 24 20 17 9 5 2 4 2 1 0 0
Other Non-Current Liabilities 1 2 3 2 1 2 2 2 2 1 1
Total Current Liabilities 39 46 44 40 43 34 25 25 24 27 26
Total Liabilities 81 85 94 101 106 97 92 96 99 109 112
Fixed Assets 42 40 44 40 50 46 41 42 35 38 39
Other Non-Current Assets 2 11 2 9 1 2 2 1 5 2 3
Total Current Assets 37 34 48 53 54 50 49 53 59 69 71
Total Assets 81 85 94 101 106 97 92 96 99 109 112

Denis Chem Lab 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 3 2 1 6 2 3 0 2 1 2 1
Cash Flow from Operating Activities 14 21 7 11 8 13 8 17 16 18 12
Cash Flow from Investing Activities -28 -13 -1 -16 -2 -2 -1 -10 -11 -15 -8
Cash Flow from Financing Activities 13 -7 -0 1 -5 -14 -6 -7 -4 -4 -4
Net Cash Inflow / Outflow -1 1 5 -4 1 -3 1 -0 1 -1 -0
Closing Cash & Cash Equivalent 2 3 6 2 3 0 2 1 2 1 1

Denis Chem Lab 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) 0.09 -4.66 1 1.54 4.58 3.04 1.63 4.51 5.66 8.04 5.82
CEPS(Rs) 4.15 1.24 6.46 5.82 9.16 7.84 5.93 8.66 11.3 13.04 10.76
DPS(Rs) 0 0 0 0 1 0 0.75 1.5 2 2.5 1.5
Book NAV/Share(Rs) 17.65 12.99 24.08 35.98 40.69 42.58 44.32 47.89 52.08 57.91 61.33
Core EBITDA Margin(%) 11.63 8.16 11.76 11.13 11.18 11.02 9.38 10.51 11.68 12.65 9.3
EBIT Margin(%) 7.15 3.19 6.58 6.15 7.39 6.33 4.25 7.06 7.19 9.34 6.71
Pre Tax Margin(%) 0.45 -3.29 1.67 1.88 4.77 4.21 2.82 6.51 6.79 9.02 6.41
PAT Margin (%) 0.1 -4.28 1.05 1.98 5.12 3.1 2.07 4.59 4.89 6.65 4.66
Cash Profit Margin (%) 4.95 1.14 6.78 7.46 10.24 7.99 7.52 8.8 9.75 10.79 8.62
ROA(%) 0.12 -5.36 1.38 2.2 6.15 4.15 2.39 6.64 8.03 10.69 7.29
ROE(%) 0.62 -30.41 5.86 5.37 11.94 7.29 3.76 9.79 11.33 14.62 9.76
ROCE(%) 10.93 5.3 12.19 9.37 11.9 11.34 6.5 13.79 16.07 20.15 13.89
Receivable days 95.65 84.45 84.27 105.64 98.13 95.09 113.29 86.49 71.57 68.4 65.58
Inventory Days 17.28 16.71 16.54 20.73 22.84 22.73 29.45 25.39 21.57 21 21.06
Payable days 66.48 87.8 126.06 150.09 111.42 104.74 111.66 89.23 82.06 83.39 81.27
PER(x) 361.02 0 142.79 50.04 16.89 9.76 22.89 15.1 11.26 18.76 15.92
Price/Book(x) 1.75 7.4 5.92 2.15 1.9 0.7 0.84 1.42 1.22 2.6 1.51
Dividend Yield(%) 0 0 0 0 1.29 0 2.01 2.2 3.14 1.66 1.62
EV/Net Sales(x) 0.98 1.33 1.82 1.13 1 0.37 0.51 0.65 0.46 1.1 0.6
EV/Core EBITDA(x) 7.87 14.84 14.21 9.62 8.01 3.34 5.27 5.78 3.79 8.19 5.58
Net Sales Growth(%) 14.17 29.65 13.77 -5.42 15.78 9.68 -19.71 24.92 17.79 4.34 3.26
EBIT Growth(%) 11.73 -42.03 134.26 -14.37 37.89 -6.06 -46.15 107.72 19.89 35.64 -25.86
PAT Growth(%) -93.46 -5550.43 127.82 73.22 196.19 -33.63 -46.26 176.59 25.5 41.93 -27.61
EPS Growth(%) -97.82 -5547.48 121.43 54.76 196.18 -33.63 -46.27 176.58 25.5 41.94 -27.61
Debt/Equity(x) 2.84 3.54 1.25 0.5 0.4 0.23 0.14 0.05 0.03 0.01 0.01
Current Ratio(x) 0.95 0.73 1.08 1.31 1.26 1.46 1.93 2.11 2.46 2.55 2.7
Quick Ratio(x) 0.85 0.61 0.96 1.13 1.07 1.21 1.57 1.72 2.08 2.18 2.32
Interest Cover(x) 1.07 0.49 1.34 1.44 2.82 2.98 2.99 12.74 18.02 28.86 22.77
Total Debt/Mcap(x) 1.62 0.48 0.21 0.23 0.21 0.33 0.17 0.03 0.02 0.01 0.01

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +3% +8% +5% +8%
Operating Profit CAGR -22% +6% +4% +6%
PAT CAGR -27% +10% +15%
Share Price CAGR -35% -3% +1% -1%
ROE Average +10% +12% +10% +5%
ROCE Average +14% +17% +14% +12%

Denis Chem Lab Shareholding Pattern

Latest · Mar 2026
100% held
Promoters 38.98 %
FII 0.01 %
DII (MF + Insurance) 0 %
Public (retail) 61.02 %
# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 38.9838.9838.9838.9838.9838.9838.9838.9838.9838.98
FII 0000000.010.010.010.01
DII 0000000000
Public 61.0261.0261.0261.0261.0261.0261.0261.0261.0261.02
Others 0000000000
Total 100100100100100100100100100100

Denis Chem Lab Peer Comparison

Pharmaceuticals & Drugs Edit Columns

Denis Chem Lab Quarterly Price

10-year quarterly close · BSE
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News & Updates

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Denis Chem Lab Pros & Cons

Pros

  • Debtor days have improved from 83.39 to 81.27days.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 38.98%.
  • Company has a low return on equity of 12% over the last 3 years.
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