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Coral Laboratories share price

Coral Laboratories Ltd.

BSE: 524506 SECTOR: Pharmaceuticals & Drugs  8683   28   1

368.00
-3.95 (-1.06%)
BSE: Today, 04:01 PM

Price Summary

Today's High

₹ 374.95

Today's Low

₹ 368

52 Week High

₹ 498.1

52 Week Low

₹ 225

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

131.47 Cr.

Enterprise Value

91.06 Cr.

No. of Shares

0.36 Cr.

P/E

14.43

P/B

0.75

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  487.6

CASH

40.41 Cr.

DEBT

0 Cr.

Promoter Holding

71.51 %

EPS (TTM)

₹  25.49

Sales Growth

3.32%

ROE

4.15 %

ROCE

5.41%

Profit Growth

-28.75 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

Sales Growth

1 Year3.32%
3 Year3.44%
5 Year-3.32%

Profit Growth

1 Year-28.75%
3 Year-3.31%
5 Year-12.33%

ROE%

1 Year4.15%
3 Year7.02%
5 Year7.23%

ROCE %

1 Year5.41%
3 Year8.87%
5 Year9.58%

Debt/Equity

0

Price to Cash Flow

10.38

Interest Cover Ratio

25.3016248153619

CFO/PAT (5 Yr. Avg.)

0.321903324890877

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 71.51 0
Dec 2023 71.51 0
Sep 2023 71.51 0
Jun 2023 71.51 0
Mar 2023 71.51 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has significantly decreased its debt by 6.0391 Cr.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 25.3016248153619.
  • Company has a healthy liquidity position with current ratio of 10.4162626577743.
  • The company has a high promoter holding of 71.51%.

 Limitations

  • The company has shown a poor profit growth of -3.31019359635878% for the Past 3 years.
  • The company has shown a poor revenue growth of 3.44074167555497% for the Past 3 years.
  • Company has a poor ROE of 7.02403561237657% over the past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 24.73 11.44 13.55 23.15 18.08
Total Expenditure 23.88 13.52 11.81 17 15.98
Operating Profit 0.85 -2.09 1.74 6.15 2.1
Other Income 1.5 1.16 1.29 1.81 1.44
Interest 0.11 0.02 0 0 0
Depreciation 0.5 0.68 0.55 0.44 0.49
Exceptional Items 0.04 0 0 0 -0.07
Profit Before Tax 1.78 -1.62 2.49 7.52 2.98
Tax 0.92 -0.73 0.65 1.52 0.82
Profit After Tax 0.86 -0.89 1.84 6 2.16
Adjusted EPS (Rs) 2.4 -2.5 5.16 16.8 6.03

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 91.08 70.58 96.57 75.61 78.12
Total Expenditure 78.66 65.16 80.72 67.4 74.31
Operating Profit 12.42 5.42 15.85 8.21 3.81
Other Income 5.16 5.89 3.77 4.81 6.9
Interest 0.17 0.19 0.04 0.14 0.34
Depreciation 1.9 2.01 1.98 1.99 2.18
Exceptional Items 0 0 0.02 0.96 0.04
Profit Before Tax 15.51 9.12 17.61 11.86 8.23
Tax 5.29 1.99 4.06 2.81 1.78
Net Profit 10.22 7.13 13.55 9.05 6.45
Adjusted EPS (Rs.) 28.6 19.96 37.94 25.32 18.04

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 3.57 3.57 3.57 3.57 3.57
Total Reserves 110.2 112.1 133.07 152.48 151.23
Borrowings 0 0 0 0 0
Other N/C liabilities 3.98 3.53 3.33 8.33 7.69
Current liabilities 18.02 25.09 27.56 25.52 11.86
Total Liabilities 135.77 144.29 167.54 189.9 174.35
Assets
Net Block 22.18 21.53 20.43 22.79 24.3
Capital WIP 0 0 0.5 1.72 0
Intangible WIP 0 0 0 0 0
Investments 29.11 25.9 14.1 24.43 17.41
Loans & Advances 0.86 1.02 2.88 9.17 8.13
Other N/C Assets 0 0 1.01 0.99 0.96
Current Assets 83.63 95.83 128.62 130.8 123.54
Total Assets 135.77 144.29 167.54 189.9 174.35
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 15.51 9.12 17.59 10.9 8.19
Adjustment 0.88 1.07 -0.15 -0.01 0.38
Changes in Assets & Liabilities -12.59 -13.39 -13.08 -0.44 6.06
Tax Paid -4.68 -0.66 -3.43 -4.37 -1.97
Operating Cash Flow -0.88 -3.86 0.93 6.08 12.67
Investing Cash Flow 3.23 -1.55 -0.07 -6.05 -2.61
Financing Cash Flow -1.18 3.56 0.35 0.15 -6.43
Net Cash Flow 1.17 -1.86 1.21 0.18 3.62

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 71.51 71.51 71.51 71.51 71.51
chetan navinchandra doshi... 51.54 51.54 51.54 51.54 51.54
coral india finance and h... 19.97 19.97 19.97 19.97 19.97
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 28.49 28.49 28.49 28.49 28.49
investor education and pr... - 2.25 2.25 - 2.38
meeta samir sheth 1.84 1.84 1.84 1.84 1.84
noetic finance private li... 1.07 1.07 1.07 1.07 1.07
pooja bhagwandas 1.42 1.42 1.42 1.42 1.45
investor education and pr... 2.25 - - 2.38 -
llp 0.01 0.02 0.01 - -

Annual Reports

Ratings & Research Reports

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Company Presentations

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Company News

Coral Laboratories informs about outcome of board meeting8 Mar 2024, 12:47PM Coral Laboratories informs about outcome of board meeting 8 Mar 2024, 12:37PM Coral Laboratories - Quaterly Results14 Feb 2024, 2:20PM Coral Laboratories - Quaterly Results14 Feb 2024, 2:20PM Coral Laboratories informs about certificate15 Jan 2024, 5:00PM Coral Laboratories informs about details of loss of certificate 16 Oct 2023, 5:01PM Coral Laboratories - Quaterly Results12 Aug 2023, 12:44PM Coral Laboratories informs about loss of share certificate 7 Aug 2023, 2:27PM Coral Laboratories informs about press release19 Jul 2023, 3:02PM Coral Laboratories informs about details of loss of certificate 15 Jul 2023, 3:43PM Coral Laboratories informs about AGM11 Jul 2023, 4:49PM Coral Laboratories informs about loss of share certificate 1 Jun 2023, 12:57PM Coral Laboratories - Quaterly Results23 May 2023, 3:32PM Coral Laboratories - Quaterly Results23 May 2023, 3:32PM Coral Laboratories - Quaterly Results23 May 2023, 3:32PM Coral Laboratories - Quaterly Results14 Feb 2023, 3:30PM Coral Laboratories - Quaterly Results11 Feb 2022, 3:17PM Coral Laboratories informs about outcome of board meeting27 Sep 2021, 3:55PM Coral Laboratories informs about proceeding of 39th AGM24 Sep 2021, 2:09PM Coral Laboratories informs about certificate9 Jul 2021, 11:55AM Coral Laboratories informs about outcome of board meeting27 May 2021, 4:33PM Coral Laboratories informs about newspaper publication5 Nov 2020, 3:07PM Coral Laboratories informs about certificate8 Oct 2020, 3:07PM Coral Laboratories informs about clarification on price movements16 Apr 2020, 10:44AM

Coral Laboratories Stock Price Analysis and Quick Research Report. Is Coral Laboratories an attractive stock to invest in?

 

The Indian healthcare sector is expected to reach US$ 372 billion by 2022, driven by rising incomes, greater health awareness, lifestyle diseases and increasing access to insurance. Healthcare has become one of India’s largest sectors - both in terms of revenue and employment.

Healthcare comprises hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, health insurance, and medical equipment. The structure of the healthcare delivery system in India consists of three broad segments: Primary care, Secondary care, and Tertiary care.

  • Primary care is the first point of contact between the population and the healthcare service providers. For example, Sub-center (SC), Primary Health Centre (PHC) and Community Health Centre (CHC) which is more relevant to rural areas (PHC’s).
  • Secondary care providers inpatient as well as outpatient medical services and includes simple surgical procedures. For example, District level & Mid-sized hospitals.
  • Tertiary care is the third level of the healthcare delivery system in the country. These hospitals are specialized consultative healthcare infrastructure. For example, Single specialty and Multi-specialty hospitals.

While healthcare services are offered by the public as well as private sectors, in urban as well as rural areas, generally people prefer private hospitals over public hospitals for treatment of diseases, illness, and sickness. So, let’s look into Coral Laboratories and its performance over the period of time.

  • Operating cash flow ratio: It measures the adequacy of a company’s cash generated from operating activities to pay off short-term financial obligations. Coral Laboratories cash from the operating activity was Rs 12.6652 Cr.
     
  • Financial Strength: Health care organizations usually have high debt loads and low equity capital in their balance sheet. So, Debt to Equity ratio is important to analyze the company’s sustainability. Coral Laboratories has a Debt to Equity ratio of 0 , which is a strong indication for the company.
     
  • EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In Coral Laboratories , the EPS growth was -28.7463911499741 % which is bad for the company.
     
  • Operating profit margin: It determines a company's potential earnings. It assesses how well-managed a company with respect to its basic overhead costs and other operating expenses, Coral Laboratories has OPM of 4.87938196457944 % which is a bad sign for profitability.
     
  • ROE: Coral Laboratories have a poor ROE of 4.14693589730392 %. ROE is an important financial parameter for hospitals & health care companies because they expand and grow rapidly. Therefore, ROE measures how efficiently a shareholder's fund is used for generating profits.
     
  • Share Price: - The current share price of Coral Laboratories is Rs 368. One can use valuation calculators of ticker to know if Coral Laboratories share price is undervalued or overvalued.
Last Updated on:
Brief about Coral Laboratories
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