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RPG Life Sciences Ltd share Price Today

Company details

1,484.25
1,513.45
748.60
1,740.00
6M Return 6.07%
1Y Return 87.25%
Mkt Cap.(Cr) 2,466.79
Volume 10,619
Div Yield 0.81%
OI
-
OI Chg %
-
Volume 10,619

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Pharmaceuticals company RPG Life Sciences announced Q2FY24 & H1FY24 results:

Financial Performance:
- Revenue from operations for Q2FY24 grew by 14% YoY and 4% QoQ, reaching Rs 153.58 crore.
- Revenue from operations for H1FY24 grew by 14% YoY, reaching Rs 301.36 crore.
- PBT (Profit Before Tax) for Q2FY24 grew by 29% YoY and 17% QoQ.
- PBT for H1FY24 grew by 29% YoY.
- EBITDA margins improved from 23.0% to 25.5% YoY and QoQ.
- The company remained debt-free during this period.

Domestic Formulations Business:
- The domestic formulations business, the largest contributor to the company's revenue, performed strongly.
- The business recorded robust growth in value and volume, surpassing the market growth consistently.
- Legacy brands, supported by a comprehensive life cycle management program, achieved healthy growth and became bigger brands.
- The new product portfolio in newer and progressive segments is shaping new therapies and expanding the company's product offerings.
- Foray into Rheumatology strengthened the company's Specialty segment.
- MABs portfolio posted robust performance.
- Salesforce productivity continued to register healthy upward momentum.

International Formulations Business:
- The international formulations business showed robust growth, emerging as another growth driver for the company.
- The business registered substantial growth in both sales and profits.

API Business:
- The API (Active Pharmaceutical Ingredients) business recorded healthy growth and margin improvement.

Future Plans and Initiatives:
- The company is investing in plant modernization and capacity expansion for both formulations and API.
- Focus is on building a healthy product pipeline to accelerate exports.
- Cost efficiencies in operations and sales hygiene are consistently improving margins.
- Implementation of the Transformation Agenda is on track to achieve strategic goals.

Yugal Sikri, Managing Director, RPG Life Sciences, said, “In Q2FY24, the overall performance of the Company continued to be strong. Revenue and PBT grew by 14% and 29% respectively YoY. EBITDA margin retained its 5-year long upward trajectory growing from 23.0% to 25.5% YoY. The Company continues to remain debt-free.

Domestic Formulations business, the biggest contributor to the Company's business, recorded robust growth both in value and volume - significantly and consistently ahead of the market. While our comprehensive life cycle management program for legacy brands is helping them register healthy growth and become bigger brands, our new product portfolio comprising of newer and progressive segments is also shaping new therapies and product portfolio. Our foray into Rheumatology has strengthened our Specialty segment. Our MABs portfolio is continuing to post robust performance. Salesforce productivity continues to register healthy upward momentum.

International Formulations business has also shown robust growth while emerging as another growth driver for the Company, registering healthy growth in both sales and profits. API business also registered healthy growth and improvement in margin. The Company is investing in plant modernization and capacity expansion in both plants as well as working on building a healthy product pipeline to accelerate exports of both formulations and API. Our relentless focus on achieving cost efficiencies in our operations, and eye on sales hygiene, is helping us to consistently improve our margins. We are well on course to implement our Transformation Agenda to achieve our strategic goals."

 

 

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RPG Life Sciences Ltd shares SWOT Analysis

Strengths (14)

  • Company with high TTM EPS Growth
  • Effectively using its capital to generate profit - RoCE improving in last 2 years
  • Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year

Weakness (1)

  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (0)

Data not found

Threats (2)

  • Increasing Trend in Non-Core Income
  • RSI indicating price weakness

Resistance and support

R1 1,508.6
R2 1,525.6
R3 1,537.8
Pivot

1,496.40

S1 1,479.4
S2 1,467.2
S3 1,450.2
EMA SMA
1,522.6
1,521.0
1,478.0
1,352.7
1,524.9
1,544.5
1,488.6
1,357.1
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
XTX MARKETS LLP Bulk Purchase 2021-09-21 730.53 135708 NSE
XTX MARKETS LLP Bulk Sell 2021-09-21 731.47 136929 NSE
XTX MARKETS LLP Bulk Purchase 2021-09-03 596 89624 NSE
Name Category Shares
Nucleus Life Trust (Mr. Harsh Vardhan Goenka is a Trustee) PROMOTER 53.8%
Ektara Enterprises LLP PROMOTER 15.57%
STEL Holdings Limited PROMOTER 3.18%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
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RPG Life Sciences Ltd Stocks COMPARISON

Financials( in Cr) RPG Life Sciences Ltd Sun Pharmaceuticals Industries Ltd Cipla Ltd Dr Reddys Laboratories Ltd Divis Laboratories Ltd
Price 1,491.50 1,522.80 1,345.75 5,942.85 3,671.70
% Change -1.31 0.42 -0.12 -0.24 -1
Mcap Cr 2,466.79 365,370.73 108,649.13 99,132.09 97,472.25
Revenue TTM Cr 512.81 43,885.68 15,790.60 24,669.70 7,767.51
Net Profit TTM Cr 67.64 8,560.84 2,513.47 4,507.30 1,823.38
PE TTM 29.07 38.94 27.47 18.96 70.43
1 Year Return 87.25 51.55 45.60 20.98 12.26
ROCE 32.15 16.79 14.76 25.99 19.30
ROE 24.01 16.46 10.66 21.21 14.89
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 307.60 Cr FV: 8.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 24,289.49 -9,580.22
LAST 3M 82,644.28 34,986.47
LAST 6M 142,142.07 66,572.41
LAST 12M 216,755.16 194,314.28

RPG Life Sciences Ltd Information

Stock PE (TTM)
29.07
Promoter Holding
72.81%
Book Value
202.9995
ROCE
32.15%
ROE
24.01%
Description
  • RPG Life Sciences, formerly Searle India Ltd, started in 1968 as a joint venture with GD Searle, USA. In 1993, GD Searle withdrew from India and sold its holdings to RPG Group. The Company is engaged in the manufacturing and marketing of Formulations (Finished Dosage Forms) and Active Pharmaceutical Ingredients (APIs). The company is having research and development facilities that conform to international standards. It has Biotech R&D, API R&D and Formulations R&D. They are having TGA (Aus) and MHRA (UK) approved facilities at Thane in Maharashtra and Ankleshwar in Gujarat. RPG Life Sciences Ltd was incorporated on March 29, 2007 with the name RPG Pharmaceuticals Ltd. During the year 2007-08, as per the scheme of arrangement, the company acquired the pharmaceuticals business of Brabourne Enterprises Ltd along with all assets and liabilities pertaining to that business with effect from April 2, 2007 (the appointed date). In February 13, 2008, the name of the company was subsequently changed to RPG Life Sciences Ltd. During the year 2008-09, the company increased the production capacity of Bulk Drugs and Chemicals from 62 tonnes to 71 tonnes. They launched an oncology drug namely Exemestane. Also, they launched new products, namely Nufex Beta, Qugyl-O & Immunotec. In June 10, 2008, the equity shares of the company were listed on BSE and NSE with effect from June 10, 2008. In July 2008, the company commenced production in the new high capacity fermenters. During the year 2009-10, the company strengthened their product portfolio by launching new products in the antibiotic, cardiovascular, anti-ulcerant, anti-depressant, immunosuppressant and Nephrology segments. The new products launched during the year were Demator, Sizomax, Mela, Exinia and Mofetyl S. They launched a new immunosuppressant product, Sirolimus, during the year. Also, they introduced 11 new products across several therapeutic segments. The company plans to launch six new bulk drugs and two existing products in new markets. They also plan to file DMFs for several products in regulated and semi regulated markets. The company is having plans to set up dedicated divisions with their own sales force and portfolio of brands that will drive the business in therapeutic areas like oncology, psychiatry and diabetology. New products launched were Demator, Sizomax, Mela, Exinia and Mofetyl S during the year 2009-10. The Company strengthened its product portfolio by launching new products in the antibiotic, cardiovascular, anti-ulcerant, anti-depressant, immunosuppressant and Nephrology segments. It launched a new immunosuppressant product, Sirolimus in 2010. New divisions were launched in highly growing chronic segments namely Cardiology and Diabetic (IMPULSE), NeurologyPsychiatry (EMPATHY) and Oncology (Neo-life). A new division ESSENTIA was also launched to cater to the Hospital sales segment in 2010-11. New products launched were Seretane 2 DT, Rabee 20, Pedimec, Minilactone, Alfalog, Demator, Naprosyn Gel, Lamotrigine dispersible tablets. The Company sold its Biotech Unit located at Ankleshwar to M/s. Intas Pharmaceuticals Limited as a going concern in 2016-17. It acquired 7 brands from Sun Pharmaceuticals Limited, set up two new divisions viz. `Urolife` catering to the urology therapy and `Glodiance` division catering to the Cosmetic Derma therapy in 2016-17. In 2017-18, the Company launched brands Darbepoetin (Darba) and Rituximab (XMAB), in the post-transplant care space. Both the brands displayed robust performances in the first year of launch with Darba at third slot among competing Darbepoetin brands. Among the existing products, Immunotac and Arpimune range showed strong growth. In the Africa region, the Company expanded its business with first commercial supply in FY`18. It retained leadership position in Mauritius, through anti-diabetic range while in Egypt, immunosuppressant range remained the best alternative to the innovator brands in the post organ transplant care space. During 2019, the Company focused on launching new products and driving active promotion in the immunosuppressant range of products and strengthened the oncology portfolio basket by introducing two new monoclonal antibodies. It launched a new product, T-JAKi (JAK Inhibitor) in the immunosuppressant range of products in Rheumatology and Gastroenterology in FY21. As a part of Life Cycle Management strategy of legacy products, Romilast BL and Aldactone T new line extensions were launched. Azoran 75 mg new line extension was launched in 2021. Naprosyn and Aldactone-F was launched in FY`22.

Registered Address

RPG House, 463 Dr Annie Besant Road Worli, Mumbai, Maharashtra, 400030

Tel : 91-022-24981650
Email : info:rpglifesciences.com
Website : http://www.rpglifesciences.com
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 8
Market Lot Equity Shares : 1
BSE Code : 532983
NSE Code : RPGLIFE
Book Closure Date (Month) :
BSE Group : B
ISIN : INE105J01010

FAQ’s on RPG Life Sciences Ltd Shares

You can buy RPG Life Sciences Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy RPG Life Sciences Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Apr 19, 2024 03:45 PM the closing price of RPG Life Sciences Ltd was ₹ 1,491.50.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Apr 19, 2024 03:45 PM, the market cap of RPG Life Sciences Ltd stood at ₹ 2,466.79.

The latest PE ratio of RPG Life Sciences Ltd as of Apr 19, 2024 03:45 PM is 29.07

The latest PB ratio of RPG Life Sciences Ltd as of Apr 19, 2024 03:45 PM is 0.14

The 52-week high of RPG Life Sciences Ltd share price is ₹ 1,740.00 while the 52-week low is ₹ 748.60

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