J B Chemicals & Pharmaceuticals Ltd

NSE
JBCHEPHARM •
BUY

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Start SIP in J B Chemicals & Pharmaceuticals Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
78.50% Gain from 52W Low
10.7
TTM PE Ratio
Below industry Median
47.1
Price to Book Ratio
High in industry
9.8
Dividend yield 1yr %
Above industry Median
0.6
TTM PEG Ratio
PEG TTM is much higher than 1
1.8
RSI
RSI is mid-range
33.2
MFI
MFI strongly Oversold
12.1

J B Chemicals & Pharmaceuticals Ltd Key Financials

*All values are in ₹ Cr.

J B Chemicals & Pharmaceuticals Ltd shareholding Pattern

Promoter
53.8%
Foreign Institutions
10.4%
Mutual Funds
15.7%
Domestic Institutions
18.5%
Public
17.3%

J B Chemicals & Pharmaceuticals Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
5
Bearish Moving Averages
11
5Day EMA
1,609.80
10Day EMA
1,632.90
12Day EMA
1,638.80
20Day EMA
1,650.90
26Day EMA
1,652.20
50Day EMA
1,630.40
100Day EMA
1,559.50
200Day EMA
1,429.50
Delivery & Volume
Resistance & Support
1,545.62
Pivot
Resistance
First Resistance
1,611.23
Second Resistance
1,660.62
Third Resistance
1,726.23
Support
First Support
1,496.23
Second support
1,430.62
Third Support
1,381.23
Relative Strength Index
33.25
Money Flow Index
12.07
MACD
-13.39
MACD Signal
0.84
Average True Range
57.42
Average Directional Index
18.61
Rate of Change (21)
-7.25
Rate of Change (125)
13.75

J B Chemicals & Pharmaceuticals Ltd Company background

Founded in: 1976
J B Chemicals Pharmaceuticals (JBC) was originally promoted and incorporated in Maharashtra by J B Mody as J B Mody Chemicals Pharmaceuticals in December 18th, 1976. The Company is engaged in the business of manufacturing and marketing of diverse range of pharmaceuticals formulations, herbal remedies and APIs. The company has manufacturing units at Thane, Belapur, Ankleshwar, Panoli and Daman. The bulk drug plant at Panoli and formulation plant at Daman became operational in Apr.95. Products like metrogyl, rantac (a ranitidinebased formulation), and nicardia (a cardiac care medicine) form a significant part of the companys sales. JBC has its subsidiaries namely Lekar Healthcare Ltd and J.B Life Science Overseas Ltd. JBC had a tieup with Justesa Imagen, Spain, to manufacture and market radio diagnostics under the Trazograf brand name. JBC has also diversified into highgrowth agrobased products by acquiring McDa Agro (MAL). The products manufactured by MAL complement fertilisers and increase crop productivity. It has entered into a MoU with GNFC to distribute these products locally. The pharmaceutical divisions of Ifiunik Pharmaceuticals and Unique Pharmaceutical Laboratories has been merged into the company with effect from April 2000.Unique Chemicals (A Division of the company) manufacturing and marketing Bulk Drugs has been awarded Certificate of Suitability to Europeon Pharmacopoeia Monograph for Nifedipine EP from Europeon Directorate for the Quality Medicines.In Feb. 2002 the company has achieved another break through in its major R D Activity Invention biologically active molecules New Chemical Entity. In 200102 the company introduced 3 products Reducin XX and two in the Cholesterol reducing segment i.e., Ifistatin and Vasolip. The company has launched five new products during the year 200304 in the global markets to widen its product portfolio. During 200405, the company launched new products Cephalosporins, Moviz and its expansion Movi 3D and a nueropsychiatry product through Zephyr for the first time.A 100% EOU manufacturing facility at Panoli for production of Gel, Ointment was commissioned during 200102 at a cost of Rs.21 crores and the same was financed through internal accruals. To manufacture DOKTOR MOM lozenges the company is setting up two manufacturing units at Daman at a capital outlay of Rs.28 crores, which is to be financed through internal accruals. The commercial production of the Doktor Mom lozenges at its 100% Export Oriented Unit, started from 1 Sep. 2003 and tablets from 1, Jan. 2004 in Daman.Doktor Mom, the companys brand,was adjudged the Most Trusted European Brand by Readers Digest in the cold and cough segment for the fourth consecutive year in 200304.During 200405, the company received approval for its pharmaceutical manufacturing unit from TGA (Australia). During 200405, the company plants were approved by USFDA, TGAAustralia, EDQM, MCCSouth Africa, INVIMA (Colombia) and MHRA (UK).During 200405, the company is setting up a new facility conforming to international standards in Panoli (Gujarat) to manufacture contrast media products by June 2006. During 200405, the company has planned to set up a wholly owned subsidiary in Moscow, Russia, called Unique Pharmaceuticals Laboratories with the initial investment of 3 million.During 2005, the company entered into two agreements, one with PharmaaCare Pharmaceuticals Pte. Ltd., in Australia to develop its niche products in Australian market and another with Ranbaxy Laboratories to enter in the Romanian market.The company has subdivided the value of the share from Rs.10/ per share to Rs.2/ per share with effective from 05, April 2005.During 20052006, the company has proposed to amalgamate its wholly owned subsidiary viz. lekar healthcare ltd with itself. The company has fixed April 1, 2006 as the appointed date.During the year 2015, J.B. Chemicals Pharmaceuticals Private Limited, Singapore, ceased to be the companys subsidiary consequent to its dissolution.The Scheme of Amalgamation and Arrangement between Jyotindra Mody Holdings Private Limited and Ansuya Mody Securities Private Limited and Dinesh Mody Securities Private Limited and Kumud Mody Securities Private Limited and Shirish B. Mody Investments Private Limited and Bharati S. Mody Investments Private Limited (Transferor Companies) and J. B. Chemicals Pharmaceuticals Limited (Transferee Company) and their respective shareholders under Sections 391 to 394 read with Sections 100 to 103 of the Companies Act, 1956 and Section 55 of the Companies Act, 2013 and any other applicable provisions of the Companies Act, 1956 and the Companies Act, 2013, which was approved by the Board on 15 April 2014 and members of the company at Court Convened Meeting held on 14 October 2014 and public shareholders through postal ballot and evoting on 16 October 2014, was sanctioned by the Honble Bombay High Court on 27 February 2015. The Scheme has become effective on 13 April 2015 with appointed date of 1 April 2014. Accordingly, the Transferor Companies stand merged with the company and the merger has been given effect to in the financial statements of the company for the year ended on March 31, 2015. Consequently, 4,33,42,270 equity shares of FY Rs. 2 held by the Transferor Companies in the company have been cancelled and the company has allotted 4,33,42,270 equity shares of Rs. 2 each credited as fully paid up to the shareholders of the Transferor Companies in accordance with the fair share entitlement ratio specified in the Scheme.During the year 2016, the Companys subsidiary Unique Pharmaceutical Laboratories FZE (UPL FZE) acquired 2, 194,030 Ordinary Shares in Biotech Laboratories (Pty.) Ltd. from Afrika Biopharma Investments (Pty). Ltd. Consequent to restructuring of existing 49% shareholding in Biotech and issue of certain shares by Biotech after the aforesaid acquisition, UPL FZE now holds 95.24% voting capital of Biotech. Accordingly, Biotech has become subsidiary of the Company. Subsequently, the Companys subsidiary J.B. Healthcare Pvt. Ltd., Jersey, has been dissolved. With a view to return surplus cash and pursuant to authority conferred under the Articles of Association of the Company, the Board approved buyback of fully paid up equity shares of face value of Rs 2 by the Company up to 12,50,000 equity shares at a price of Rs 400 per equity share for a total consideration not exceeding Rs 5,000 lakhs (buyback amount) excluding transaction costs, on proportionate basis through tender offer. The number of equity shares authorized for buyback represents 1.47% of the total outstanding equity shares, while the buyback amount represents 3.85% of the equity share capital and free reserves as at March 31, 2017. This buyback will be implemented in accordance with provisions of the Companies Act, 2013 and Securities and Exchange Board of India (Buyback of Securities) Regulations, 1998.The Company completed on 25 July 2017 buyback of 1,250,000 equity shares of face of Rs. 2 at price of Rs. 400 per share on proportionate basis through tender offer in accordance with provisions of the Companies Act, 2013 and Securities and Exchange Board of India (Buyback of Securities) Regulations, 1998. Consequently, the paidup equity share capital stands reduced to 83,569,975 equity shares of Rs. 2. The Company has transferred the sum of Rs. 25 lakhs from general reserves to capital redemption reserve account pursuant to Section 69 of the Companies Act, 2013.The Company launched four new products in dermatology, amoebicide and probiotic segments during the year 2018.The Company completed on 1st November 2018 buyback of 3,333,333 equity shares of face value of Rs 2 at price of Rs 390 per share on proportionate basis through tender offer in accordance with provisions of the Companies Act, 2013 and Securities and Exchange Board of India (Buyback of Securities) Regulations, 1998. Consequently, the paidup equity share capital stands reduced to 80,236,642 equity shares of Rs 2. The Company has transferred the sum of Rs 66.67 lakhs from general reserve to capital redemption reserve account pursuant to Section 69 of the Companies Act, 2013.The Company launched six new products during the year 2020 across Cardiac and Gastrointestinal (GI) segments. On 2nd July, 2020, a Share Purchase Agreement was signed between founder, Mody Family members and Tau Investment Holdings Pte. Ltd., Singapore, an affiliate of global private equity firm KKR, where Tau Investment Holdings Pte. Ltd. acquired controlling stake of 41,731,363 (54%) equity shares of Rs. 2 each in the Company (JB Chemcials Pharmaceuticals Limited) from Mody Family members. Following execution of the above referred Share Purchase Agreement to acquire shares in and control over the Company, Tau Investment Holdings Pte. Ltd. and persons acting in concert made an open offer for acquiring 26% stake from public shareholders of the Company.In FY 2021, the Company introduced newer therapeutic categories for Diabetes, Nephrology, Respiratory and Virology. It launched 10 new products across angiotensin receptor blocker, antidiabetic, calcium channel blocker, hypotensive, antipeptic ulcerant, antiviral and antiparasitic segments.During the year 202223, the Company launched 17 new products in FY233 in the field of Gastro Intestinal, Gynaecology, Respiratory and Anti Diabetes. It acquired the Azmarda brand from Novartis, a niche Paediatric portfolio from Dr Reddy and the Razel franchise from Glenmark.
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J B Chemicals & Pharmaceuticals Ltd FAQs

J B Chemicals & Pharmaceuticals Ltd shares are currently priced at 1561.85 on NSE and 1556.65 on BSE as of 2/28/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of J B Chemicals & Pharmaceuticals Ltd [JBCHEPHARM] share was 61.12. The J B Chemicals & Pharmaceuticals Ltd [JBCHEPHARM] share hit a 1-year low of Rs. 875 and a 1-year high of Rs. 1940.

The market cap of J B Chemicals & Pharmaceuticals Ltd is Rs. 24232.31 Cr. as of 2/28/2024 12:00:00 AM.

The PE ratios of J B Chemicals & Pharmaceuticals Ltd is 47.72 as of 2/28/2024 12:00:00 AM.

The PB ratios of J B Chemicals & Pharmaceuticals Ltd is 9 as of 2/28/2024 12:00:00 AM

The Mutual Fund Shareholding was 15.66% at the end of 2/28/2024 12:00:00 AM.

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