Pharmaceuticals & Drugs · Founded 1990 · www.nutraplusindia.com · BSE 524764 · · ISIN INE230G01020
No Notes Added Yet
Business
Nutraplus India Ltd. is a pharmaceutical company based in India. Its core business involves the development, manufacturing, and marketing of a range of pharmaceutical formulations. The company primarily focuses on catering to the healthcare needs within India and potentially some international markets. It makes money through the sale of its pharmaceutical products, which typically include generic drugs, specialized formulations, and possibly nutraceuticals, to hospitals, pharmacies, and healthcare providers.
Revenue Mix
Specific detailed revenue mix is not publicly available without access to the company's latest annual reports or financial filings. However, for a pharmaceutical company operating in India, typical segments might include:
Domestic Formulations: Sales within the Indian market, often segmented by therapeutic areas (e.g., pain management, anti-infectives, cardiology, neurology, nutrition).
International/Exports: Sales to other countries, which could be generic formulations or active pharmaceutical ingredients (APIs).
Contract Manufacturing: Providing manufacturing services to other pharmaceutical companies.
Without specific data, it is not possible to provide percentage contributions for these segments.
Industry
The Indian pharmaceutical industry is highly fragmented, competitive, and significantly driven by generics. It benefits from a large domestic market, cost-effective manufacturing capabilities, and a skilled talent pool. Nutraplus India Ltd. operates as one of the numerous mid-to-small-sized players in this landscape. Its positioning is likely as a domestic-focused company competing with larger established players on product quality, distribution reach, and competitive pricing within its chosen therapeutic areas, rather than as a leader in patented drugs or highly specialized biologics.
MOAT
For a company like Nutraplus, potential competitive advantages, though not necessarily strong 'moats' in the traditional sense, often include:
Regulatory Compliance & Quality Manufacturing: Adherence to Indian regulatory standards (e.g., Schedule M) and potentially international ones (e.g., WHO-GMP) is crucial for market access and reputation.
Distribution Network: An established and efficient distribution network across India is vital for reaching a broad customer base.
Cost-Effective Production: Ability to manufacture formulations at competitive costs, a common strength of Indian pharma companies, allowing for competitive pricing in the generics market.
Product Portfolio & Brand Equity (Specific Products): A diversified portfolio of well-accepted generic formulations and brand recognition for specific products within certain therapeutic categories can offer an advantage.
Growth Drivers
Increasing Healthcare Spending: Rising disposable incomes, greater health awareness, and government initiatives in healthcare in India.
Growing Burden of Chronic Diseases: An aging population and lifestyle diseases drive demand for pharmaceutical products.
Generic Drug Demand: India's focus on affordable healthcare continues to boost demand for cost-effective generic medications.
New Product Launches: Introduction of new formulations, therapeutic segments, or dosage forms to expand market reach.
Expansion in Distribution & Market Reach: Deepening penetration in existing markets and expanding into new geographical regions within India or select international markets.
Risks
Intense Competition & Pricing Pressure: The highly competitive Indian generics market often leads to pricing pressures, impacting profitability.
Regulatory Changes: Strict and evolving regulatory landscape in India and international markets, including changes in drug pricing policies, manufacturing standards, and approval processes.
Raw Material Price Volatility: Dependency on active pharmaceutical ingredient (API) imports and fluctuations in raw material costs can impact margins.
Product Recalls & Quality Issues: Any quality control lapse or product recall can severely damage reputation and financial performance.
Supply Chain Disruptions: Vulnerability to disruptions in the supply chain, particularly for imported raw materials or exports.
R&D Success Rate: For companies involved in development, R&D failures or delays in product approvals pose a risk.
Management & Ownership
Nutraplus India Ltd., typical of many Indian listed companies, likely has a promoter-led management structure. The quality of management is critical, relying on their experience in the pharmaceutical sector, strategic vision for product development and market expansion, and commitment to corporate governance. The ownership structure typically includes a significant stake held by the promoter group, along with holdings by institutional investors (domestic and foreign) and the public. The stability and vision of the promoter group often play a crucial role in the company's long-term direction.
Outlook
Nutraplus India Ltd. operates within a growing and resilient Indian pharmaceutical market, benefiting from fundamental tailwinds like increasing healthcare demand and government support for affordable medicines. Its growth prospects are tied to its ability to effectively manage its product portfolio, maintain cost efficiencies, expand its market reach, and navigate the competitive landscape. However, the company faces inherent industry risks such as pricing pressure, stringent regulatory scrutiny, and the constant need for product innovation and quality control. Sustained profitability and growth will depend on robust execution of its business strategy, including potential expansion into niche therapeutic areas or select international markets, while prudently managing operational and financial risks in a dynamic environment.
Price goes above X
Price falls below X
PE goes above X
PE falls below X
| #(Fig in Cr.) | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Expenditure | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Profit | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 0 |
| Provision for Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 0 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 |
| Profit After Adjustments | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 0 |
| Adjusted Earnings Per Share | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0.1 | -0 | 0 |
| #(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 | 65 | 78 | 91 | 109 | 140 | 107 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income | 0 | 0 | 0 | 0 | 4 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| Total Income | 65 | 78 | 91 | 109 | 143 | 107 | 0 | 1 | 0 | 0 | 0 | 0 |
| Total Expenditure | 62 | 65 | 93 | 100 | 127 | 143 | 0 | 4 | 0 | 0 | 0 | 0 |
| Operating Profit | 3 | 12 | -2 | 9 | 17 | -36 | -0 | -3 | -0 | -0 | -0 | 0 |
| Interest | 5 | 5 | 5 | 5 | 7 | 7 | 1 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 2 | 2 | 4 | 4 | 5 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | -3 | 1 | 0 | 0 | -2 | 0 | -18 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | -6 | 7 | -9 | 1 | 3 | -48 | -19 | -3 | -0 | -0 | -0 | 0 |
| Provision for Tax | -2 | -1 | -2 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -4 | 8 | -7 | 0 | 2 | -48 | -19 | -3 | -0 | -0 | -0 | 0 |
| Adjustments | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | -4 | 8 | -6 | 0 | 2 | -48 | -19 | -3 | -0 | -0 | -0 | 0 |
| Adjusted Earnings Per Share | -1.7 | 2.8 | -2.1 | 0 | 0.6 | -14 | -5.5 | -0.9 | -0 | -0 | -0 | -0.1 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 0% | 0% | -100% | -100% |
| Operating Profit CAGR | 0% | 0% | 0% | -100% |
| PAT CAGR | 0% | 0% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 0% | -23% | -5% | -31% |
| ROE Average | 0% | 0% | -39% | -28% |
| ROCE Average | 0% | 0% | -7% | -5% |
| #(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 | 47 | 63 | 67 | 67 | 69 | 22 | -2 | -5 | -5 | -5 | -5 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 16 | 39 | 32 | 42 | 36 | 0 | 2 | 2 | 2 | 2 | 2 |
| Other Non-Current Liabilities | 2 | 1 | -1 | -0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 50 | 63 | 71 | 63 | 63 | 89 | 10 | 9 | 9 | 9 | 9 |
| Total Liabilities | 114 | 166 | 169 | 172 | 170 | 112 | 9 | 5 | 5 | 5 | 5 |
| Fixed Assets | 23 | 33 | 39 | 72 | 82 | 81 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 14 | 38 | 48 | 22 | 17 | 13 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 76 | 95 | 82 | 78 | 70 | 18 | 9 | 5 | 5 | 5 | 5 |
| Total Assets | 114 | 166 | 169 | 172 | 170 | 112 | 9 | 5 | 5 | 5 | 5 |
| #(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 | 1 | 11 | 3 | 2 | 2 | 2 | 1 | 0 | 0 | 0 | 0 |
| Cash Flow from Operating Activities | -16 | -10 | 20 | 7 | 12 | 9 | -14 | -0 | 0 | -0 | 0 |
| Cash Flow from Investing Activities | -5 | -34 | -19 | -11 | -10 | -3 | 94 | 0 | 0 | 0 | 0 |
| Cash Flow from Financing Activities | 32 | 36 | -2 | 4 | -3 | -8 | -80 | 0 | -0 | 0 | 0 |
| Net Cash Inflow / Outflow | 10 | -8 | -1 | -0 | -0 | -1 | -1 | -0 | -0 | 0 | 0 |
| Closing Cash & Cash Equivalent | 11 | 3 | 2 | 2 | 2 | 1 | 0 | 0 | 0 | 0 | 0 |
| # | 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) | -1.65 | 2.85 | -2.09 | 0.04 | 0.64 | -14.03 | -5.53 | -0.89 | -0.05 | -0.02 | -0.01 |
| CEPS(Rs) | -1.08 | 3.46 | -1.44 | 1.18 | 1.82 | -12.65 | -5.53 | -0.89 | -0.05 | -0.02 | -0.01 |
| DPS(Rs) | 0 | 0.23 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 16.33 | 20.86 | 19.72 | 19.72 | 20.37 | 6.34 | -0.6 | -1.49 | -1.54 | -1.55 | -1.57 |
| Core EBITDA Margin(%) | 4.43 | 14.08 | -1.85 | 8.32 | 7.69 | -28.44 | -1832.01 | -3724.4 | 0 | 0 | 0 |
| EBIT Margin(%) | -1.58 | 13.8 | -3.76 | 5 | 6.21 | -32.06 | 0 | -3091.68 | 0 | 0 | 0 |
| Pre Tax Margin(%) | -7.83 | 8.17 | -8.69 | 0.79 | 2.04 | -37.96 | 0 | -3091.91 | 0 | 0 | 0 |
| PAT Margin (%) | -5.62 | 9.2 | -7.01 | 0.13 | 1.33 | -37.96 | 0 | -3091.91 | 0 | 0 | 0 |
| Cash Profit Margin (%) | -3.68 | 11.19 | -4.84 | 3.62 | 3.78 | -34.23 | 0 | -3091.91 | 0 | 0 | 0 |
| ROA(%) | -4.29 | 5.67 | -4.26 | 0.08 | 1.28 | -34 | -31.15 | -40.75 | -2.95 | -1.17 | -0.96 |
| ROE(%) | -13.46 | 16.15 | -11.38 | 0.21 | 3.2 | -105.05 | -192.88 | 0 | 0 | 0 | 0 |
| ROCE(%) | -1.65 | 10.78 | -2.86 | 4.05 | 7.17 | -33.4 | -37.19 | 0 | 0 | 0 | 0 |
| Receivable days | 71.12 | 82.16 | 92.56 | 84.15 | 45.96 | 27.8 | 0 | 2994.54 | 0 | 0 | 0 |
| Inventory Days | 92.56 | 91.68 | 86.74 | 77.86 | 68.76 | 58.85 | 0 | 0 | 0 | 0 | 0 |
| Payable days | 166.76 | 178.89 | 157.29 | 145.49 | 88.33 | 53.15 | 0 | 949.76 | 0 | 0 | 0 |
| PER(x) | 0 | 30.64 | 0 | 722.55 | 22.25 | 0 | 0 | 0 | 0 | 0 | 0 |
| Price/Book(x) | 3.19 | 4.18 | 1.21 | 1.5 | 0.7 | 0.85 | -4.67 | 0 | 0 | 0 | 0 |
| Dividend Yield(%) | 0 | 0.26 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 2.41 | 4.02 | 1.59 | 1.58 | 0.87 | 0.87 | 572.5 | 191.06 | 0 | 0 | 0 |
| EV/Core EBITDA(x) | 46.08 | 25.08 | -89.83 | 18.24 | 7.36 | -2.61 | -41.82 | -6.18 | -146.74 | -308.09 | -377.41 |
| Net Sales Growth(%) | 5.43 | 19.29 | 17.34 | 19.88 | 27.87 | -23.57 | -99.98 | 399.7 | -100 | 0 | 0 |
| EBIT Growth(%) | -113.11 | 1145.75 | -132.14 | 244.96 | 84.23 | -495.47 | 55.26 | 83.23 | 95.78 | 52.35 | 18.37 |
| PAT Growth(%) | -229.68 | 295.37 | -189.92 | 101.95 | 1472.99 | -2284.46 | 60.55 | 83.93 | 94.82 | 60.8 | 18.65 |
| EPS Growth(%) | -168.48 | 272.12 | -173.53 | 101.95 | 1472.99 | -2284.46 | 60.55 | 83.93 | 94.82 | 60.74 | 18.78 |
| Debt/Equity(x) | 1 | 1.24 | 0.98 | 1.09 | 1.08 | 3.51 | -0.85 | -0.34 | -0.34 | -0.34 | -0.33 |
| Current Ratio(x) | 1.53 | 1.51 | 1.16 | 1.23 | 1.11 | 0.2 | 0.96 | 0.62 | 0.6 | 0.6 | 0.59 |
| Quick Ratio(x) | 1.18 | 1.1 | 0.84 | 0.84 | 0.52 | 0.16 | 0.59 | 0.62 | 0.6 | 0.6 | 0.59 |
| Interest Cover(x) | -0.25 | 2.45 | -0.76 | 1.19 | 1.49 | -5.44 | -22.7 | 0 | -4.37 | -89.84 | -130.45 |
| Total Debt/Mcap(x) | 0.32 | 0.3 | 0.81 | 0.73 | 1.54 | 4.15 | 0.18 | 0 | 0 | 0 | 0 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 40.07 | 40.07 | 40.07 | 40.07 | 40.07 | 40.07 | 40.07 | 40.07 | 40.07 | 40.07 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
| Public | 59.91 | 59.91 | 59.91 | 59.91 | 59.91 | 59.91 | 59.91 | 59.91 | 59.91 | 59.91 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 1.37 | 1.37 | 1.37 | 1.37 | 1.37 | 1.37 | 1.37 | 1.37 | 1.37 | 1.37 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 2.04 | 2.04 | 2.04 | 2.04 | 2.04 | 2.04 | 2.04 | 2.04 | 2.04 | 2.04 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3.41 | 3.41 | 3.41 | 3.41 | 3.41 | 3.41 | 3.41 | 3.41 | 3.41 | 3.41 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | — | — | -100% | -100% |
| Operating Profit CAGR | — | — | — | -100% |
| PAT CAGR | — | — | — | — |
| Share Price CAGR | 0% | -23% | -5% | -31% |
| ROE Average | 0% | 0% | -39% | -28% |
| ROCE Average | 0% | 0% | -7% | -5% |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 40.07 | 40.07 | 40.07 | 40.07 | 40.07 | 40.07 | 40.07 | 40.07 | 40.07 | 40.07 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
| Public | 59.93 | 59.93 | 59.93 | 59.93 | 59.93 | 59.93 | 59.93 | 59.93 | 59.93 | 59.93 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 1.37 | 1.37 | 1.37 | 1.37 | 1.37 | 1.37 | 1.37 | 1.37 | 1.37 | 1.37 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 2.04 | 2.04 | 2.04 | 2.04 | 2.04 | 2.04 | 2.04 | 2.04 | 2.04 | 2.04 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3.41 | 3.41 | 3.41 | 3.41 | 3.41 | 3.41 | 3.41 | 3.41 | 3.41 | 3.41 |
* The pros and cons are machine generated.
Our experts help you choose the right stocks based on performance, risk, and growth potential.
Looking to buy unlisted shares or need guidance on the investment process? Our expert Private Equity Advisors are here to assist you with accurate information, real-time pricing, and seamless execution.
Want to sell unlisted shares, liquidate your ESOPs, or understand the step-by-step process of liquidation? Connect with our Buying Team for smooth coordination, quick evaluations, and end-to-end support.
Planning to build or grow your portfolio? For Mutual Fund investments, PMS solutions, tailored portfolio creation, and overall wealth management, our dedicated Wealth Team is ready to guide you.