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Venus Remedies Ltd (VENUSREM)

₹385.84.27%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹368.2
    ₹387.2
  • 52 Week's Low

    52 Week's High

    ₹222
    ₹430
1 Month Return-3.17 %
3 Month Return+ 12.22 %
1 Year Return+ 34.4 %
Previous Close₹370.00
Open₹368.20
Volume39.60K
Upper Circuit-
Lower Circuit-
Market Cap₹494.58Cr

Key Statistics

P/E Ratio17.36
PEG Ratio12.14
Market Cap₹494.58 Cr
P/B Ratio0.45
EPS0

Company Information

Established in 1989, Venus Remedies Limited is a family managed company based out of Panchkula district at Haryana, India. The company specializes in Intravenous/Intramuscular injectible forms and Eye/Ear/Nose drops and has been GMP certified by the WHOGeneva. In 2001, Venus Remedies had tied up with a top Australian company to set-up a Cephalosporin project at a cost of Rs 4.5 crores. The company is also manufacturing injections for leading firms like Panacea Biotech and Morepan Laboratories among others. Over the years, Venus Remedies has been able to successfully introduce 13 new products in their Animal Health division, which include names like Megox3000, Paroxin3000, Pisa3000, MicalRonid and Dexolyte, to name a few.

Share Price: ₹385.80 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹494.58Cr as of today
Revenue: ₹195.16Cr as on March 2024 (Q1 24)
Net Profit: ₹10.51Cr as on March 2024 (Q1 24)
Listing date: 20 Dec, 2006
Chairperson Name: Pawan Chaudhary
OrganisationVenus Remedies Ltd
HeadquartersPanchkula
IndustryPharmaceuticals
E-voting on sharesClick here to vote

Key events for Venus Remedies Ltd

  • Venus Remedies Implements QR Codes for Batch-Level Tracking - 17 Jul, 2024

    Venus Remedies has implemented QR codes on all their products in India, allowing for batch-level tracking and detailed product information. The company plans to extend this feature to the domestic market in the coming years.

  • Venus Remedies Awarded Tender for Cancer Drugs Supply - 19 Jun, 2024

    Venus Remedies receives a significant oncology tender from the Pan American Health Organization (PAHO) to supply essential cancer drugs, leading to a surge in share prices. The contract highlights the company's growing presence in the oncology sector and its capability to meet international healthcare standards.

Insights on Venus Remedies Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 56.61% to 57.03% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 145.77 Cr → 199.08 Cr (in ₹), with an average increase of 26.8% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 6.85 Cr → 10.51 Cr (in ₹), with an average increase of 34.8% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 41.76% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Zydus Lifesciences Ltd has given 87.2% return, outperforming this stock by 52.8%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Sun Pharmaceuticals Industries Ltd has given 127.7% return, outperforming this stock by 145.0%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 years, VENUSREM stock has moved down by -17.3%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 1.48% to 1.06% in Jun 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹195.16Cr
↑36.08%
Net Income
₹10.51Cr
↑53.43%
Net Profit Margin
5.39%
↑12.76%
2023Y/Y Change
Revenue
₹555.51Cr
↓7.44%
Net Income
₹26.57Cr
↓34.75%
Net Profit Margin
4.78%
↓29.50%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹641.67Cr
↑4.94%
Total Liabilities
₹163.62Cr
↑0.98%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹28.05Cr
↓31.59%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
41.76%
0.00
Foreign Institutions
1.06%
-28.06
Mutual Funds
0%
0.00
Retail Investors
57.03%
0.73
Others
0.15%
0.00

Key Indicators

Venus Remedies Ltd Valuation

Venus Remedies Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-45.34x)

September 23, 2020

Today (17.36x)

July 23, 2024

Industry (56.07x)

July 23, 2024

Highest (21.70x)

December 28, 2023

LowHigh

Earnings and Dividends

  • Venus Remedies Ltd Earnings Results

    Venus Remedies Ltd’s net profit fell -4.97% since last year same period to ₹10.51Cr in the Q4 2023-2024. On a quarterly growth basis, Venus Remedies Ltd has generated 53.43% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Venus Remedies Ltd Dividends May,2013

    In the quarter ending March 2013, Venus Remedies Ltd has declared dividend of ₹3 - translating a dividend yield of 1.56%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Venus Remedies Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

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Venus Remedies Ltd (VENUSREM) share price today is ₹385.8

Venus Remedies Ltd is listed on NSE

Venus Remedies Ltd is listed on BSE

  • Today’s highest price of Venus Remedies Ltd is ₹387.2.
  • Today’s lowest price of Venus Remedies Ltd is ₹368.2.

PE Ratio of Venus Remedies Ltd is 17.36

PE ratio = Venus Remedies Ltd Market price per share / Venus Remedies Ltd Earnings per share

Today’s traded volume of Venus Remedies Ltd(VENUSREM) is 39.60K.

Today’s market capitalisation of Venus Remedies Ltd(VENUSREM) is ₹494.58Cr.

Venus Remedies Ltd(VENUSREMPrice
52 Week High
₹430
52 Week Low
₹222

Venus Remedies Ltd(VENUSREM) share price is ₹385.8. It is down -10.28% from its 52 Week High price of ₹430

Venus Remedies Ltd(VENUSREM) share price is ₹385.8. It is up 73.78% from its 52 Week Low price of ₹222

Venus Remedies Ltd(VENUSREMReturns
1 Day Returns
15.8%
1 Month Returns
-3.17%
3 Month Returns
12.22%
1 Year Returns
34.4%