Financials Novartis India Limited

Equities

NOVARTIND

INE234A01025

Pharmaceuticals

Market Closed - Bombay S.E. 06:10:45 2024-04-26 am EDT 5-day change 1st Jan Change
1,055 INR +0.88% Intraday chart for Novartis India Limited +4.37% +36.45%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 15,118 16,933 12,401 13,629 14,579 13,958
Enterprise Value (EV) 1 7,383 10,828 7,280 9,280 9,656 8,629
P/E ratio 21.5 x 32.7 x 123 x 65.2 x -392 x 13.5 x
Yield 1.63% 1.46% 1.99% 1.81% 1.69% 1.77%
Capitalization / Revenue 2.68 x 3.45 x 2.83 x 3.57 x 3.65 x 3.69 x
EV / Revenue 1.31 x 2.21 x 1.66 x 2.43 x 2.41 x 2.28 x
EV / EBITDA -125 x 68.4 x 154 x 51.9 x 37.6 x 14 x
EV / FCF 6.02 x -6.5 x 63.1 x -18.4 x 7.95 x 15.2 x
FCF Yield 16.6% -15.4% 1.58% -5.44% 12.6% 6.58%
Price to Book 2.06 x 2.23 x 1.72 x 1.92 x 2.11 x 1.8 x
Nbr of stocks (in thousands) 24,691 24,691 24,691 24,691 24,691 24,691
Reference price 2 612.3 685.8 502.2 552.0 590.4 565.3
Announcement Date 8/2/18 7/8/19 7/10/20 7/30/21 6/30/22 6/30/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 5,639 4,907 4,382 3,814 3,999 3,787
EBITDA 1 -59 158.3 47.3 178.9 256.5 618.4
EBIT 1 -84.3 126.5 8.4 147.7 237.7 600.8
Operating Margin -1.49% 2.58% 0.19% 3.87% 5.94% 15.86%
Earnings before Tax (EBT) 1 1,575 857.7 286.4 400.4 -38.2 1,154
Net income 1 783.6 517.7 100.8 209 -37.2 1,034
Net margin 13.9% 10.55% 2.3% 5.48% -0.93% 27.29%
EPS 2 28.43 20.97 4.082 8.465 -1.507 41.86
Free Cash Flow 1 1,226 -1,667 115.3 -504.7 1,215 568.2
FCF margin 21.74% -33.97% 2.63% -13.23% 30.37% 15%
FCF Conversion (EBITDA) - - 243.79% - 473.52% 91.88%
FCF Conversion (Net income) 156.46% - 114.4% - - 54.97%
Dividend per Share 2 10.00 10.00 10.00 10.00 10.00 10.00
Announcement Date 8/2/18 7/8/19 7/10/20 7/30/21 6/30/22 6/30/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 7,735 6,105 5,121 4,349 4,923 5,329
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 1,226 -1,667 115 -505 1,215 568
ROE (net income / shareholders' equity) 9.48% 6.94% 1.36% 2.92% -0.53% 14.1%
ROA (Net income/ Total Assets) -0.47% 0.76% 0.05% 0.89% 1.52% 3.87%
Assets 1 -168,118 68,524 198,035 23,547 -2,454 26,707
Book Value Per Share 2 297.0 307.0 292.0 288.0 280.0 314.0
Cash Flow per Share 2 15.20 35.50 32.00 27.60 64.10 7.870
Capex 1 8 141 10 0.9 5 3.1
Capex / Sales 0.14% 2.87% 0.23% 0.02% 0.13% 0.08%
Announcement Date 8/2/18 7/8/19 7/10/20 7/30/21 6/30/22 6/30/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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