Sotac Pharmaceuticals Ltd.

90.050%

2026-08-21

sotacpharma.comBSE: -NSE: SOTAC
Market Cap₹ 97 Cr.
Current Price₹ 90
High / Low₹ 140 / 86
Stock P/E16.7
Book Value₹ 50
Price to Book2.46
Dividend Yield0.23 %
ROCE16.4 %
ROE18.8 %
Face Value₹ 10

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ABOUT

KEY POINTS

Revenue Breakup Mar 2022 • Tablet: 78.7% • Capsules: 10.6% • Liquid: 7.1% • Ointment: 3.7%

PROS

  • Company has delivered good sales growth of 27.7% CAGR over last 5 years
  • Operating margins have improved to 14.1% from 8.7%
  • Institutional investors have been accumulating - FII+DII up 7.8pp
  • Attractively priced for its growth - PEG of 0.4

CONS

  • Operating cash flow has been negative in recent years
  • Receivables are growing faster than sales - a possible quality concern
  • A large part of profit comes from other income (35.0% of PBT)
  • Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.81x)
  • Equity base is being diluted - shares outstanding up 380.4%
  • Total debt has risen sharply - up 75.8% year on year

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS
S.No.NameCMP Rs.P/EMar Cap Rs.Cr.Div Yld %NP Qtr Rs.Cr.Qtr Profit Var %Sales Qtr Rs.Cr.Qtr Sales Var %ROCE %OPM %
1.SUNPHARMA1898.0037.65455393.780.842901.2326.5315299.8810.9819.1128.81
2.DIVISLAB8525.0077.37226311.960.35902.0065.503080.0027.8021.5140.75
3.TORNTPHARM5013.0087.43190678.410.76566.003.284921.0057.3219.2733.81
4.CIPLA1416.0033.94114392.010.92785.55-39.187119.284.1316.0016.73
5.ZYDUSLIFE1105.0024.42110224.170.09990.20-34.908017.0023.9721.3924.54
6.LUPIN2220.0018.36101506.150.811416.9816.018276.8934.2828.8629.59
7.MANKIND2391.0048.3498747.340.04574.0929.124030.5912.8913.2426.30
8.DRREDDY1171.0030.3397740.540.68435.60-69.108099.80-5.2113.7510.63
9.LAURUSLABS1807.0089.3097634.420.11362.07123.942026.3129.1018.2031.50
10.AUROPHARMA1615.1525.0392932.160.251032.0325.229150.3517.4412.7620.54
11.BIOCON414.30136.3267518.230.12136.8053.364336.0010.893.2619.54
12.SOTAC87.4016.7596.580.231.3525.2527.0816.408.79
Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2022
20
18
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
0
1
Tax %
54.95%
Net Profit
0
2
Equity Capital
2
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
2
Reserves
0
Promoter Pledge %
0.00%
Dec 2022
20
18
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
1
1
Tax %
39.37%
Net Profit
0
0
Equity Capital
8
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
8
Reserves
0
Promoter Pledge %
0.00%
Jun 2023
25
23
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
1
2
Tax %
34.67%
Net Profit
0
1
Equity Capital
11
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
11
Reserves
0
Promoter Pledge %
0.00%
Dec 2023
26
23
Operating Profit
OPM %
Other Income
1
Interest
1
Depreciation
1
1
Tax %
40.82%
Net Profit
1
1
Equity Capital
11
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
11
Reserves
0
Promoter Pledge %
0.00%
Jun 2024
25
23
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
1
1
Tax %
-3.85%
Net Profit
1
1
Equity Capital
11
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
11
Reserves
0
Promoter Pledge %
0.00%

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020
29
27
Operating Profit
2
OPM %
7
Other Income
0
Interest
0
Depreciation
1
0
Tax %
75
Net Profit
0
EPS
1
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
0
Mar 2021
49
47
Operating Profit
2
OPM %
3
Other Income
0
Interest
1
Depreciation
3
-2
Tax %
-15
Net Profit
-2
EPS
-10
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
-3
Minority Interest
0
Share of Associates
0
Adjusted EPS
-3
Mar 2022
73
67
Operating Profit
6
OPM %
9
Other Income
0
Interest
1
Depreciation
1
5
Tax %
39
Net Profit
3
EPS
13
Dividend Payout %
16
Minority Interest
0
Share of Associates
0
Adjusted EPS
4
Minority Interest
0
Share of Associates
0
Adjusted EPS
4
Mar 2023
77
70
Operating Profit
8
OPM %
10
Other Income
0
Interest
2
Depreciation
2
4
Tax %
42
Net Profit
2
EPS
4
Dividend Payout %
0
Minority Interest
1
Share of Associates
0
Adjusted EPS
4
Minority Interest
1
Share of Associates
0
Adjusted EPS
4
Mar 2024
104
96
Operating Profit
9
OPM %
8
Other Income
0
Interest
2
Depreciation
3
4
Tax %
10
Net Profit
4
EPS
4
Dividend Payout %
0
Minority Interest
1
Share of Associates
0
Adjusted EPS
4
Minority Interest
1
Share of Associates
0
Adjusted EPS
4
Mar 2025
97
83
Operating Profit
18
OPM %
18
Other Income
4
Interest
3
Depreciation
4
11
Tax %
17
Net Profit
9
EPS
7
Dividend Payout %
1
Minority Interest
-1
Share of Associates
0
Adjusted EPS
7
Minority Interest
-1
Share of Associates
0
Adjusted EPS
7
TTM
96
86
Operating Profit
OPM %
Other Income
1
Interest
2
Depreciation
3
5
Tax %
28
Net Profit
4
EPS
Dividend Payout %
Minority Interest
0
Share of Associates
0
Adjusted EPS
Minority Interest
0
Share of Associates
0
Adjusted EPS

COMPOUNDED SALES GROWTH

10 Years:
5 Years:
28%
3 Years:
10%

COMPOUNDED PROFIT GROWTH

10 Years:
5 Years:
147%
3 Years:
41%

STOCK PRICE CAGR

10 Years:
5 Years:
3 Years:
-11%
1 Year:
-28%

RETURN ON EQUITY

10 Years:
5 Years:
7%
3 Years:
20%
Last Year:
19%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Corporate actions

2025

Sep 19

₹ 0.01

2026

May 26

₹ 0.02

Mar 2020
Equity Capital
2
1
7
Trade Payables
11
9
Total Liabilities
30
16
Capital Work in Progress
0
0
2
0
Cash & Bank
0
11
Total Assets
30
Total Debt
13
Net Working Capital
-6
Contingent Liabilities
0
Book Value per Share
13.29
Face Value
10.00
Total Debt
13
Net Working Capital
-6
Contingent Liabilities
0
Book Value per Share
13.29
Face Value
10.00
Mar 2021
Equity Capital
2
0
8
Trade Payables
13
11
Total Liabilities
35
17
Capital Work in Progress
0
0
5
0
Cash & Bank
0
13
Total Assets
35
Total Debt
17
Net Working Capital
-5
Contingent Liabilities
0
Book Value per Share
10.84
Face Value
10.00
Total Debt
17
Net Working Capital
-5
Contingent Liabilities
0
Book Value per Share
10.84
Face Value
10.00
Mar 2022
Equity Capital
2
4
6
Trade Payables
20
2
Total Liabilities
35
9
Capital Work in Progress
0
0
5
0
Cash & Bank
0
21
Total Assets
35
Total Debt
7
Net Working Capital
-2
Contingent Liabilities
0
Book Value per Share
28.79
Face Value
10.00
Total Debt
7
Net Working Capital
-2
Contingent Liabilities
0
Book Value per Share
28.79
Face Value
10.00
Mar 2023
Equity Capital
8
2
14
Trade Payables
25
24
Total Liabilities
74
26
Capital Work in Progress
0
0
14
0
Cash & Bank
10
24
Total Assets
74
Total Debt
22
Net Working Capital
1
Contingent Liabilities
0
Book Value per Share
12.41
Face Value
10.00
Total Debt
22
Net Working Capital
1
Contingent Liabilities
0
Book Value per Share
12.41
Face Value
10.00
Mar 2024
Equity Capital
11
34
10
Trade Payables
29
20
Total Liabilities
104
36
Capital Work in Progress
5
2
18
26
Cash & Bank
3
13
Total Assets
104
Total Debt
25
Net Working Capital
17
Contingent Liabilities
0
Book Value per Share
40.96
Face Value
10.00
Total Debt
25
Net Working Capital
17
Contingent Liabilities
0
Book Value per Share
40.96
Face Value
10.00
Mar 2025
Equity Capital
11
42
19
Trade Payables
19
32
Total Liabilities
123
49
Capital Work in Progress
0
4
20
34
Cash & Bank
2
14
Total Assets
123
Total Debt
44
Net Working Capital
18
Contingent Liabilities
2
Book Value per Share
48.19
Face Value
10.00
Total Debt
44
Net Working Capital
18
Contingent Liabilities
2
Book Value per Share
48.19
Face Value
10.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020
0
Cash from Investing
-12
Cash from Financing
11
-0
Free Cash Flow
0
OCF / Net Profit
0.65
Cumulative 5-Year FCF
0
OCF / Net Profit
0.65
Cumulative 5-Year FCF
0
Mar 2021
-0
Cash from Investing
-3
Cash from Financing
3
-0
Free Cash Flow
-3
OCF / Net Profit
0.13
Cumulative 5-Year FCF
0
OCF / Net Profit
0.13
Cumulative 5-Year FCF
0
Mar 2022
6
Cash from Investing
-4
Cash from Financing
-3
0
Free Cash Flow
6
OCF / Net Profit
2.21
Cumulative 5-Year FCF
0
OCF / Net Profit
2.21
Cumulative 5-Year FCF
0
Mar 2023
8
Cash from Investing
-12
Cash from Financing
13
10
Free Cash Flow
-11
OCF / Net Profit
3.56
Cumulative 5-Year FCF
0
OCF / Net Profit
3.56
Cumulative 5-Year FCF
0
Mar 2024
-16
Cash from Investing
-20
Cash from Financing
29
-6
Free Cash Flow
-34
OCF / Net Profit
-4.49
Cumulative 5-Year FCF
0
OCF / Net Profit
-4.49
Cumulative 5-Year FCF
0
Mar 2025
-4
Cash from Investing
-14
Cash from Financing
16
-2
Free Cash Flow
-16
OCF / Net Profit
-0.47
Cumulative 5-Year FCF
-59
OCF / Net Profit
-0.47
Cumulative 5-Year FCF
-59

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020
EPS (₹)
0.38
Book Value (₹)
13.29
Dividend per Share (₹)
0.00
Cash EPS (₹)
1.85
Operating Margin %
7.31%
Net Margin %
0.31%
ROE %
2.86%
ROCE %
4.18%
0.29%
Debtor Days
89
Inventory Days
30
Payable Days
194
-75
Debt to Equity (x)
4.40x
Interest Coverage (x)
2.07x
0.71x
Revenue Growth %
0.00%
Operating Profit Growth %
0.00%
Net Profit Growth %
0.00%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2021
EPS (₹)
-10.28
Book Value (₹)
10.84
Dividend per Share (₹)
0.00
Cash EPS (₹)
0.28
Operating Margin %
3.20%
Net Margin %
-4.84%
ROE %
-85.23%
ROCE %
-5.71%
-7.27%
Debtor Days
48
Inventory Days
27
Payable Days
113
-38
Debt to Equity (x)
6.87x
Interest Coverage (x)
-1.01x
0.76x
Revenue Growth %
70.76%
Operating Profit Growth %
-25.23%
Net Profit Growth %
-2803.31%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2022
EPS (₹)
12.52
Book Value (₹)
28.79
Dividend per Share (₹)
2.00
Cash EPS (₹)
4.98
Operating Margin %
8.74%
Net Margin %
3.94%
ROE %
63.16%
ROCE %
31.31%
8.23%
Debtor Days
45
Inventory Days
26
Payable Days
107
-36
Debt to Equity (x)
1.12x
Interest Coverage (x)
9.24x
0.94x
Revenue Growth %
49.77%
Operating Profit Growth %
309.00%
Net Profit Growth %
221.70%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2023
EPS (₹)
3.58
Book Value (₹)
12.41
Dividend per Share (₹)
0.00
Cash EPS (₹)
5.67
Operating Margin %
9.89%
Net Margin %
2.95%
ROE %
27.53%
ROCE %
21.50%
4.20%
Debtor Days
64
Inventory Days
45
Payable Days
144
-35
Debt to Equity (x)
2.21x
Interest Coverage (x)
2.92x
1.03x
Revenue Growth %
5.92%
Operating Profit Growth %
19.94%
Net Profit Growth %
-20.58%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2024
EPS (₹)
3.87
Book Value (₹)
40.96
Dividend per Share (₹)
0.00
Cash EPS (₹)
6.05
Operating Margin %
8.01%
Net Margin %
3.45%
ROE %
12.96%
ROCE %
10.22%
4.03%
Debtor Days
72
Inventory Days
56
Payable Days
124
3
Debt to Equity (x)
0.55x
Interest Coverage (x)
3.28x
1.39x
Revenue Growth %
34.00%
Operating Profit Growth %
14.83%
Net Profit Growth %
56.57%
8.32%
P/E (x)
31.23x
P/B (x)
2.95x
Dividend Yield %
0.00%
17.63x
Mar 2025
EPS (₹)
7.26
Book Value (₹)
48.19
Dividend per Share (₹)
0.10
Cash EPS (₹)
11.86
Operating Margin %
14.06%
Net Margin %
9.56%
ROE %
18.83%
ROCE %
16.40%
8.17%
Debtor Days
114
Inventory Days
72
Payable Days
128
58
Debt to Equity (x)
0.82x
Interest Coverage (x)
5.31x
1.35x
Revenue Growth %
-6.59%
Operating Profit Growth %
99.22%
Net Profit Growth %
159.14%
87.48%
P/E (x)
16.35x
P/B (x)
2.46x
Dividend Yield %
0.08%
9.89x

Shareholding Pattern

Numbers in percentages

TRADES
Sep 2023
72.85
8.52
0.00
Government
0.00
18.64
Mar 2024
72.85
8.99
0.00
Government
0.00
18.16
Sep 2024
72.85
8.88
0.00
Government
0.00
18.27
Mar 2025
72.85
15.12
0.68
Government
0.00
11.35
Sep 2025
72.85
16.14
0.00
Government
0.00
11.01
Mar 2026
72.85
16.79
0.00
Government
0.00
10.36

Documents

Announcements

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Credit Ratings

Nothing filed yet.

Concalls

Nothing filed yet.