Balaxi Pharmaceuticals Ltd Q3 FY23 Share Price & Earnings Call Analysis

Financials of Balaxi Pharmaceuticals Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Balaxi Pharmaceuticals Ltd

Quarterly Results

Quarter-by-quarter operating performance

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales +86.5880.6865.9654.7260.7959.8365.6277.3873.2976.2770.7456.1872.54
Expenses +71.2967.9357.1243.9647.1446.3655.5366.7969.3063.7266.5855.0269.45
Operating Profit15.2912.758.8410.7613.6513.4710.0910.593.9912.554.161.163.09
OPM %17.66%15.80%13.40%19.66%22.45%22.51%15.38%13.69%5.44%16.45%5.88%2.06%4.26%
Other Income +-4.57-0.22-47.685.931.51-0.70-1.85-4.113.94-1.69-1.781.590.10
Interest0.010.270.290.370.410.610.370.451.380.741.010.891.02
Depreciation0.191.190.290.660.480.670.490.460.480.460.460.480.56
Profit before tax10.5211.07-39.4215.6614.2711.497.385.576.079.660.911.381.61
Tax %21.86%26.83%4.90%7.92%4.77%4.87%12.06%17.41%11.70%10.56%67.03%84.06%80.75%
Net Profit +8.238.10-41.3414.4313.5910.936.484.595.368.640.290.210.31
EPS in Rs1.641.59-8.072.822.652.011.170.830.971.570.050.040.06

Financials of Balaxi Pharmaceuticals Ltd

Profit & Loss

Annual income statement trend

Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales +1446231279336241293276
Expenses +1237189229279197260255
Operating Profit28435157453221
OPM %11%18%18%18%17%18%11%8%
Other Income +11253-382-2
Interest00011344
Depreciation00012222
Profit before tax2944555722914
Tax %19%31%14%13%19%219%13%
Net Profit +26384846-2259
EPS in Rs1.301.227.639.539.03-0.444.541.72
Dividend Payout %0%0%0%1%0%0%0%

Financials of Balaxi Pharmaceuticals Ltd

Balance Sheet

Capital structure and asset base

Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital310101010111111
Reserves01855103173190221227
Borrowings +004413195357
Other Liabilities +38316043382528
Total Liabilities636100176240258310322
Fixed Assets +0022941414145
CWIP0001322234
Investments00300000
Other Assets +63694147195215247244
Total Assets636100176240258310322

Financials of Balaxi Pharmaceuticals Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +-2-1403465-35
Cash from Investing Activity +-0-0-6-28-11-1-22
Cash from Financing Activity +0184-0263034
Net Cash Flow-24-262134-23
Free Cash Flow-2-14-37-94-57
CFO/OP-97%-161%6%78%32%26%-98%

Financials of Balaxi Pharmaceuticals Ltd

Ratios

Working capital efficiency and return ratios

Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days147238121365784138
Inventory Days929184189233173
Days Payable645392628236
Cash Conversion Cycle14718397129184235275
Working Capital Days821819192122142186
ROCE %57%93%60%37%21%13%