Medi Caps Ltd
MEDI

Medi Caps Ltd (MEDICAPS)

₹49.80.7%

Key Stats

₹49
Day's Price Range
₹51.5
₹38.25
52-Week Price Range
₹91.15
1 Month Return-8.57 %
3 Month Return3.18 %
1 Year Return5.13 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 4
5.1
EPS
Rank 35
₹9.85
BVPS
Rank 35
₹83.97
Dividend Yield
Rank 41
ROE
Rank 159
-0.18%
Price To Book Ratio
Rank 4
0.59
Debt To Asset
Rank 80
0.08

Company Information

Medicaps was incorporated by S L Mittal in Aug.83 as a private limited company and was converted into a public limited company in Mar.86. Pharmaceutical companies procure empty hard gelatine capsules from Medicaps for dosaged medicines meant for oral administration. The company is the secondlargest manufacturer of empty hard gelatine capsules in India. It takes several years for a company manufacturing capsules to attain zerodefect in production and to fully normalise operations. Medicaps can claim to have achieved this. In Apr.95 the company offered 6.11 lac rights shares at a premium of Rs 116 to partfinance the Rs 9.19cr expansion of its manufacturing facilities from 2000 mln pa to 3440 mln pa by installing four highspeed automatic capsulemaking machines.The companys manufacturing unit is located in Pithampur Madhya Pradesh. The companys clientele include US Vitamins SOL Pharmaceuticals Dr Reddys Laboratories Lupin Laboratories Aristo Pharmaceuticals etc. At present it has 40 clients. The other group company of Medicaps is Medicaps Finance which is engaged in finance related activities. In 1993 R C Mittal received the Glory of India International award. In 199596 the company enhanced the capacity of empty hard gelatine capsules by 2500 lac. The company received ISO 9002 Certification during 199899. It developed six sizes of the Hard Gelatin Capsules in 200203. The company is closely working on commissioning of 13th Machine with 100 automisation. During 200203 the company established the export market in countries like ChinaThailandDubaiMalaysiaSouth Africa and Philipines.
OrganisationMedi Caps Ltd
HeadquartersPithampur
IndustryPharmaceuticals