Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹2230 Cr.
Stock P/E
21.7
P/B
3.2
Current Price
₹1668.4
Book Value
₹ 513.7
Face Value
10
52W High
₹2043.2
52W Low
₹ 423.7
Dividend Yield
0.6%

Venus Remedies Overview

Business

Venus Remedies Ltd. is an India-based pharmaceutical company primarily engaged in manufacturing and marketing specialty pharmaceutical products. Its core business revolves around developing, producing, and distributing a wide range of injectable and oral dosage forms, with a strong focus on critical care, oncology, anti-infectives, and pain management. The company operates through both domestic and international markets, including exports to over 70 countries. It makes money by selling its proprietary and generic pharmaceutical formulations to hospitals, institutions, and pharmacies, primarily through a B2B model and an established distribution network.

Revenue Mix

Venus Remedies focuses on niche therapeutic segments. While specific percentage breakdowns of revenue by segment are not consistently disclosed, its primary focus areas include:

Critical Care: Products for life-threatening conditions.

Oncology: Medications for cancer treatment.

Anti-infectives: Antibiotics and antifungals.

Pain Management: Analgesics and anti-inflammatory drugs.

The company generates revenue from both its domestic sales within India and significant international sales through exports.

Industry

The Indian pharmaceutical industry is highly fragmented yet competitive, characterized by a mix of large integrated players and numerous smaller, specialized companies. It is a major global supplier of generic drugs. Venus Remedies positions itself as a specialized pharmaceutical player with a focus on niche and often complex therapeutic areas like critical care and oncology, particularly in injectables. It operates alongside larger domestic players and multinational companies, differentiating itself through R&D in specialized formulations and a global export footprint rather than mass-market generics.

MOAT

Venus Remedies' potential competitive advantages include:

Niche Product Focus: Specialization in critical care and oncology injectables, which often require complex manufacturing processes and regulatory expertise, creating higher barriers to entry.

R&D Capabilities: Investment in research and development, evidenced by its pipeline and various national and international patents for drug delivery systems and formulations.

Global Regulatory Approvals: Multiple manufacturing facilities approved by various international regulatory bodies (e.g., EU-GMP, WHO-GMP), facilitating access to international markets.

Backward Integration: Some degree of backward integration into API manufacturing for certain products can offer cost advantages and supply chain stability.

Growth Drivers

Expanding Global Footprint: Increased registrations and market penetration in new international markets (e.g., Europe, Latin America, Africa) for its specialty products.

New Product Launches: Introduction of novel drug delivery systems, improved formulations, and new molecules, particularly in its focus therapeutic areas of critical care and oncology.

Rising Healthcare Demand: Growing demand for specialized healthcare and medicines in both developed and emerging markets, driven by aging populations and increasing incidence of chronic diseases.

Contract Manufacturing Opportunities: Leveraging its advanced manufacturing capabilities and regulatory approvals to secure contract manufacturing and development (CDMO) partnerships.

Antibiotic Resistance: Ongoing global need for new and effective anti-infectives, an area where Venus Remedies has R&D focus.

Risks

Intense Competition: High competition from both large domestic and global pharmaceutical companies, particularly in generic segments.

Regulatory Scrutiny: Strict and evolving regulatory environments in pharmaceutical markets, including pricing controls, manufacturing standards, and approval processes, which can impact profitability and market access.

R&D Failure/Delays: The inherent risks associated with pharmaceutical R&D, where product development can be lengthy, costly, and may not always result in successful commercialization.

Currency Fluctuations: Significant exposure to foreign exchange rate volatility due to substantial export revenues.

Supply Chain Disruptions: Reliance on sourcing raw materials, which can be subject to geopolitical events, trade restrictions, or price volatility.

Intellectual Property Challenges: Risks associated with patent infringements or challenges to its intellectual property.

Management & Ownership

Venus Remedies Ltd. is promoted by the Chaudhary family. Mr. Pawan Chaudhary serves as the Chairman and Managing Director, with other family members holding key management positions. The company has a promoter-led management structure. Ownership is primarily held by the promoter group, with the remaining shares held by public shareholders, including institutional and retail investors. The management team has long-standing experience in the pharmaceutical sector.

Outlook

Venus Remedies holds potential for growth driven by its focus on niche and high-value therapeutic segments like critical care and oncology, coupled with its expanding international presence and R&D capabilities. Its established manufacturing infrastructure and global regulatory approvals provide a foundation for further market penetration and new product introductions. However, the company operates in a highly competitive and regulated industry, facing risks from intense pricing pressures, potential R&D failures, and strict regulatory oversight. Its ability to consistently innovate, manage its global supply chain effectively, and navigate complex regulatory landscapes will be crucial for sustained performance and market share gains against larger, more diversified competitors.

Venus Remedies Share Price

Live · BSE / NSE · Inception: 1989
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Venus Remedies Quarterly Results

#(Fig in Cr.) Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 195 109 170 177 198 137 193 180 259 179
Other Income 4 2 8 2 4 3 2 3 5 3
Total Income 199 110 178 179 202 141 194 183 264 181
Total Expenditure 176 97 163 159 166 122 162 143 196 145
Operating Profit 23 13 15 20 36 19 33 40 68 37
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 6 6 6 5 5 6 6 7 7 7
Exceptional Income / Expenses 0 0 0 10 0 0 0 0 0 0
Profit Before Tax 17 7 9 25 31 13 26 33 62 30
Provision for Tax 7 6 6 5 10 3 6 8 14 7
Profit After Tax 11 1 4 20 21 10 20 26 47 23
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 11 1 4 20 21 10 20 26 47 23
Adjusted Earnings Per Share 7.9 0.9 2.6 14.7 15.7 7.2 15.1 19.1 35.5 17.2

Venus Remedies Profit & Loss

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
Net Sales 418 400 372 322 339 548 600 556 601 653 770 811
Other Income 2 4 2 6 5 20 8 10 12 16 13 13
Total Income 420 404 375 328 345 568 608 566 613 669 782 822
Total Expenditure 337 349 333 289 299 494 538 495 542 584 622 646
Operating Profit 83 55 42 39 46 73 70 70 71 84 160 178
Interest 38 36 36 25 13 13 0 0 0 0 0 0
Depreciation 42 40 34 34 32 35 34 32 26 23 26 27
Exceptional Income / Expenses 0 0 0 -9 -9 23 0 0 0 10 0 0
Profit Before Tax 4 -22 -28 -30 -8 49 36 38 45 72 134 151
Provision for Tax 2 -5 3 -1 2 -13 -4 11 16 27 31 35
Profit After Tax 2 -17 -31 -29 -10 62 41 27 28 45 103 116
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 2 -17 -31 -29 -10 62 41 27 28 45 103 116
Adjusted Earnings Per Share 1.5 -13.8 -24.9 -23.2 -8.1 50 30.5 19.9 21.3 33.9 76.9 86.9

Venus Remedies Balance Sheet

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds 438 389 362 333 323 400 440 460 488 561 664
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 191 162 137 116 72 47 39 39 39 0 0
Other Non-Current Liabilities 21 18 21 21 24 11 7 19 21 18 28
Total Current Liabilities 193 197 230 264 225 97 93 83 79 136 162
Total Liabilities 843 765 751 733 644 556 579 601 627 716 854
Fixed Assets 452 406 389 364 289 262 241 216 219 229 232
Other Non-Current Assets 113 99 101 103 60 60 60 62 49 89 227
Total Current Assets 277 259 260 265 294 234 278 323 360 397 395
Total Assets 843 765 751 733 644 556 579 601 627 716 854

Venus Remedies Cash Flow

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 4 7 0 4 2 2 29 43 21 49 58
Cash Flow from Operating Activities 47 59 31 45 78 132 41 37 37 86 156
Cash Flow from Investing Activities 3 -18 -11 -11 -5 56 -17 -51 -7 -76 -182
Cash Flow from Financing Activities -46 -44 -39 -35 -73 -162 -9 -1 -1 -1 -3
Net Cash Inflow / Outflow 3 -4 -20 -1 -0 26 15 -15 29 9 -29
Closing Cash & Cash Equivalent 7 4 -20 3 2 29 43 21 49 58 25

Venus Remedies Ratios

# Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) 1.48 -13.84 -24.87 -23.15 -8.1 50.04 30.47 19.87 21.31 33.9 76.9
CEPS(Rs) 37.91 18.78 2.54 4.38 17.84 78.63 55.55 44.04 41.1 50.74 96.1
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 10
Book NAV/Share(Rs) 382.47 314.92 293.23 269.42 262.01 313.18 329.5 344.38 364.74 419.65 496.56
Core EBITDA Margin(%) 19.4 12.68 10.6 10.1 12.03 9.81 10.35 10.81 9.91 10.5 19.14
EBIT Margin(%) 9.92 3.68 2.16 -1.34 1.56 11.23 6.15 6.85 7.44 11.01 17.44
Pre Tax Margin(%) 0.84 -5.41 -7.39 -9.23 -2.37 8.86 6.07 6.83 7.42 11 17.43
PAT Margin (%) 0.41 -4.27 -8.24 -8.88 -2.95 11.27 6.79 4.78 4.74 6.94 13.36
Cash Profit Margin (%) 10.37 5.79 0.84 1.68 6.49 17.7 12.37 10.6 9.13 10.39 16.69
ROA(%) 0.2 -2.12 -4.05 -3.85 -1.45 10.3 7.18 4.5 4.64 6.75 13.1
ROE(%) 0.38 -4.13 -8.18 -8.23 -3.05 17.4 9.85 5.9 6.01 8.64 16.79
ROCE(%) 5.35 2 1.17 -0.67 0.9 12.37 7.89 7.72 8.67 13.17 21.88
Receivable days 54.45 49.67 46.34 48.37 36.97 20.89 21.48 37.87 47.69 53.87 51.1
Inventory Days 124.86 129.51 136.61 159.26 152.66 86.94 74.69 80.68 73.32 62.11 54.51
Payable days 41.86 44.1 52.56 65.53 76.11 57.86 57.31 55.69 53.52 69.91 96.77
PER(x) 59.61 0 0 0 0 5.49 8.82 8.15 15.31 8.84 10.74
Price/Book(x) 0.23 0.31 0.22 0.12 0.09 0.88 0.82 0.47 0.89 0.71 1.66
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 1.21
EV/Net Sales(x) 1.03 1.07 1.03 1.04 0.73 0.65 0.59 0.37 0.68 0.49 1.4
EV/Core EBITDA(x) 5.16 7.8 9.17 8.7 5.34 4.89 5 2.9 5.75 3.81 6.72
Net Sales Growth(%) -9.85 -4.36 -6.91 -13.57 5.42 61.53 9.5 -7.44 8.27 8.55 17.88
EBIT Growth(%) -5.41 -64.47 -45.53 -153.82 222.71 1061.31 -40.09 3.14 17.58 60.7 86.66
PAT Growth(%) -67.08 -1105.46 -79.69 6.9 65.01 717.7 -34.07 -34.77 7.25 59.05 126.83
EPS Growth(%) -67.08 -1032.14 -79.69 6.9 65.01 717.7 -39.12 -34.77 7.25 59.05 126.83
Debt/Equity(x) 0.77 0.8 0.85 0.9 0.68 0.13 0.1 0.09 0.08 0 0
Current Ratio(x) 1.43 1.32 1.13 1.01 1.31 2.4 3 3.91 4.53 2.91 2.44
Quick Ratio(x) 0.69 0.6 0.53 0.47 0.68 1.17 1.64 2.46 2.99 2.18 1.64
Interest Cover(x) 1.09 0.41 0.23 -0.17 0.4 4.73 76.69 322.44 477.45 1099.26 3656.4
Total Debt/Mcap(x) 3.31 2.58 3.79 7.28 7.94 0.15 0.12 0.2 0.09 0 0

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +18% +11% +7% +6%
Operating Profit CAGR +90% +32% +17% +7%
PAT CAGR +129% +56% +11% +48%
Share Price CAGR +276% +87% +30% +32%
ROE Average +17% +10% +9% +4%
ROCE Average +22% +15% +12% +7%

Venus Remedies Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 41.76 %
FII 2.92 %
DII (MF + Insurance) 0.89 %
Public (retail) 54.43 %
# Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 41.7641.7641.7641.7641.7641.7641.7641.7641.7641.76
FII 1.481.061.181.111.342.241.862.262.82.92
DII 000000.110.751.031.20.89
Public 56.7657.1857.0657.1356.955.8955.6354.9654.2454.43
Others 0000000000
Total 100100100100100100100100100100

Venus Remedies Peer Comparison

Pharmaceuticals & Drugs Edit Columns

Venus Remedies Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Venus Remedies Pros & Cons

Pros

  • Company is almost debt free.

Cons

  • Promoter holding is low: 41.76%.
  • Company has a low return on equity of 10% over the last 3 years.
  • Debtor days have increased from 69.91 to 96.77days.
  • Stock is trading at 3.2 times its book value.
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