Solara Active Pharma Sciences Ltd share price logo

Solara Active Pharma Sciences Ltd (SOLARA)

₹620.32.72%

🔔 Earnings Alert

Solara Active Pharma Sciences reports Q1 net loss of ₹134.6m, but revenue expected to grow by 13% p.a. for next 3 years, shares up 6.8% from a week ago

Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 1 analysts

SELL

0.00%

Buy

0.00%

Hold

100.00%

Sell

Based on 1 analysts offering long term price targets for Solara Active Pharma Sciences Ltd. An average target of ₹361

Source: S&P Global Market Intelligence

Solara Active Pharma Sciences Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹590.7
    ₹631
  • 52 Week's Low

    52 Week's High

    ₹263.55
    ₹639.7
1 Month Return+ 33.28 %
3 Month Return+ 9.48 %
1 Year Return+ 53.53 %
Previous Close₹603.90
Open₹610.10
Volume1.42L
Upper Circuit-
Lower Circuit-
Market Cap₹2,174.36Cr

Key Statistics

P/E Ratio-4.2
PEG Ratio0.03
Market Cap₹2,174.36 Cr
P/B Ratio0.79
EPS21.2436522492466

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Aditya Birla Sun Life Flexi Cap Fund Direct Plan GrowthAditya Birla Sun Life Flexi Cap Fund Direct Plan Growth0.1%
Aditya Birla Sun Life Mid Cap Fund Direct Plan GrowthAditya Birla Sun Life Mid Cap Fund Direct Plan Growth0.12%
Aditya Birla Sun Life Manufacturing Equity Fund Direct Plan GrowthAditya Birla Sun Life Manufacturing Equity Fund Direct Plan Growth0.32%

Company Information

Solara Active Pharma Sciences Ltd is a Public Limited Company incorporated in 2017 with operations in 75 countries across the globe, primarily dealing in APIs and developing 80 commercial APIs predominantly in anthelmintic antimalarias antiinfective neuromuscular insomnia and antipsychotic hyperkalemia segments. The business is spread across North America, Europe, Japan, South Korea, Middle East and North Africa offering a basket of niche and high-value products. The Company has six manufacturing plants in Ambernath, Mangalore, Mysore, Puducherry, Vishakhapatnam and Cuddalore, with a capacity of over 2000 kilo litres and two RD Centres in Chennai and Bangalore. The facilities boast of approvals from USFDA, EDQM, KFDA, EUGMP, WHO Geneva, Cofepris, TGA Australia, and PMDA Japan. In the financial year of 2020-21, the Company achieved a Certificate of Merit from National Safety Council Maharashtra and improved EcoVadis score from 31 to 47, awarded with a bronze medal and also achieved certification for ISO 14001 and ISO 45001 in its Mangalore site. The Company also has two research and development units with 25 products in different stages of development. The Board of Directors approved the Scheme of Amalgamation of Strides Chemicals and three other Transferor Companies with the Company Transferee Company, approved the acquisition of 487000 additional share capital in Sequent Penems Private Limited, and the new Greenfield plant has commenced commercial production in 2021.

Share Price: ₹620.30 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹2,174.36Cr as of today
Revenue: ₹363.49Cr as on June 2024 (Q2 24)
Net Profit: ₹-13.46Cr as on June 2024 (Q2 24)
Listing date: 27 Jun, 2018
Chairperson Name: Aditya Puri
OrganisationSolara Active Pharma Sciences Ltd
HeadquartersChennai
IndustryPharmaceuticals
E-voting on sharesClick here to vote

What's happening today

  • img

    Today's Timeline - Invalid Date

    06:45 AM

    -

    Solara Active Pharma Sciences faces challenges with net loss of INR 134.6 million, but shows potential for recovery as earnings are expected to grow significantly.

    07:00 AM

    -

    Solara Active Pharma Sciences reports Q1 2025 net loss of INR 134.6m, an improvement from last year. Revenue projected to grow by 13% p.a., shares up 6.8% in a week.

Key events for Solara Active Pharma Sciences Ltd

  • Solara Active Pharma Sciences Shows Potential for Recovery - 24 Jul, 2024

    Despite facing challenges and reporting a net loss in Q1 2025, Solara Active Pharma Sciences is expected to recover with significant earnings growth projections and strategic expansions. The company's revenue is forecasted to grow by 13% p.a., outpacing the Indian market forecast of 9.9%. Shares have also seen a positive trend, increasing by 6.8% in a week.

  • Solara Active Pharma Sciences Reports 3.17% YoY Growth in Net Sales - 23 Jul, 2024

    Solara Active Pharma Sciences reported a 3.17% YoY growth in net sales for June 2024, with quarterly net loss at Rs. 12.32 crore and EBITDA at Rs. 43.62 crore. The stock has given returns of 49.41% over the last 6 months and 46.22% over the last 12 months.

  • Solara Active Pharma Sciences projected to breakeven by 2025 - 05 Jul, 2024

    Analysts anticipate Solara Active Pharma Sciences to generate positive profits of ₹417m in 2025, projecting the company to breakeven around 12 months from now or less. However, the company will have to grow at an optimistic rate of 141% year-on-year to reach this consensus forecast.

  • TPG Sells 20 Lakh Shares of Solara Active Pharma Sciences for Rs 99 Crore - 28 Jun, 2024

    Private equity firm TPG has sold 20 lakh shares of Solara Active Pharma Sciences for Rs 99 crore through an open market transaction. The shares were acquired by Mumbai-based NBFC company Authum Investment & Infrastructure at the same price. On Friday, shares of Solara Active Pharma Sciences surged 9.99% to close at Rs 544.90 apiece on the NSE.

Insights on Solara Active Pharma Sciences Ltd

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, -275.34 Cr → -13.46 Cr (in ₹), with an average increase of 902.4% per quarter

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 30.49% to 37.27% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 249.18 Cr → 364.05 Cr (in ₹), with an average increase of 17.3% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, SOLARA stock has moved up by 9.2%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Sun Pharmaceuticals Industries Ltd has given 127.7% return, outperforming this stock by 192.7%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Zydus Lifesciences Ltd has given 87.2% return, outperforming this stock by 33.6%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 50.74% to 45.90% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 1.71% to 1.28% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 15.80% to 14.00% in Jun 2024 quarter

Company Financials

Value in ₹ crore
Q'2 24Q/Q Change
Revenue
₹363.49Cr
↑21.39%
Net Income
-₹13.46Cr
↓94.73%
Net Profit Margin
-3.70%
↓95.66%
2023Y/Y Change
Revenue
₹1,443.81Cr
↑13.83%
Net Income
-₹22.25Cr
↓61.83%
Net Profit Margin
-1.54%
↓66.52%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹2,978.26Cr
↓1.33%
Total Liabilities
₹1,475.13Cr
↓1.08%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹156.17Cr
↓164.59%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
37.27%
22.24
Foreign Institutions
14%
-11.39
Mutual Funds
1.28%
-25.01
Retail Investors
45.9%
-9.53
Others
1.55%
22.38

Key Indicators

Solara Active Pharma Sciences Ltd Valuation

Solara Active Pharma Sciences Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-1080.15x)

January 14, 2022

Today (-4.20x)

July 23, 2024

Industry (56.07x)

July 23, 2024

Highest (31.03x)

October 1, 2021

LowHigh

Earnings and Dividends

  • Solara Active Pharma Sciences Ltd Earnings Results

    Solara Active Pharma Sciences Ltd’s net profit jumped 31.15% since last year same period to ₹-13.46Cr in the Q1 2024-2025. On a quarterly growth basis, Solara Active Pharma Sciences Ltd has generated 94.73% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Solara Active Pharma Sciences Ltd Dividends May,2021

    In the quarter ending March 2021, Solara Active Pharma Sciences Ltd has declared dividend of ₹3 - translating a dividend yield of 1.49%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Solara Active Pharma Sciences Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

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Solara Active Pharma Sciences Ltd (SOLARA) share price today is ₹620.3

Solara Active Pharma Sciences Ltd is listed on NSE

Solara Active Pharma Sciences Ltd is listed on BSE

  • Today’s highest price of Solara Active Pharma Sciences Ltd is ₹631.
  • Today’s lowest price of Solara Active Pharma Sciences Ltd is ₹590.7.

PE Ratio of Solara Active Pharma Sciences Ltd is -4.2

PE ratio = Solara Active Pharma Sciences Ltd Market price per share / Solara Active Pharma Sciences Ltd Earnings per share

Today’s traded volume of Solara Active Pharma Sciences Ltd(SOLARA) is 1.42L.

Today’s market capitalisation of Solara Active Pharma Sciences Ltd(SOLARA) is ₹2174.36Cr.

Solara Active Pharma Sciences Ltd(SOLARAPrice
52 Week High
₹639.7
52 Week Low
₹263.55

Solara Active Pharma Sciences Ltd(SOLARA) share price is ₹620.3. It is down -3.03% from its 52 Week High price of ₹639.7

Solara Active Pharma Sciences Ltd(SOLARA) share price is ₹620.3. It is up 135.36% from its 52 Week Low price of ₹263.55

Solara Active Pharma Sciences Ltd(SOLARAReturns
1 Day Returns
16.4%
1 Month Returns
33.28%
3 Month Returns
9.48%
1 Year Returns
53.53%