TITAN BIO TECH Q1 FY 21 RESULTS REVIEW DT 18 08 2020

 

TITAN BIO TECH

Q1 FY 21 RESULTS REVIEW

DT 18 08 2020

 

Management 

Naresh Kumar Singla   Managing Director     

Suresh Chand Singla    Managing Director

Titan Biotech Limited is a leading manufacturer & exporter of biological products used in the field of Pharmaceutical, Nutraceutical, Food & Beverages, Biotechnology & Fermentation, Cosmetic, Veterinary & Animal Feed, Agriculture Industries, Microbiology Culture Media & Plant Tissue Culture Media etc.

It supplies Biological Products like Ox Bile Extract, Peptones, Protein Hydrolysates, Amino Acid Mixtures, Liver Extracts, Culture Media & Plant Growth Promoters etc.

With the experience of more than 25 years and the remarkable market presence in 75+ countries, Titan Biotech is consistently pushing the boundaries of research and development to deliver the best quality of biological products.

It is committed to total customer satisfaction policy. This is achieved by providing its customers the highest quality products available along with the most responsive customer support services. Besides quality, it emphasises to supply the most competitive prices to the market in order to cater & create the success situation in marketplace.

 

Titan Biotech (in Rs. Cr.)	Jun '20	Mar '20	Dec '19	Sep '19	Jun '19	YOY	QOQ
Net Sales	39.42	20.08	18.76	18.51	22.09	78.45	96.31
Raw Materials	14.81	9.54	9.66	9.35	11.7	26.58	55.24
Increase/Decrease in Stocks	-0.67	-0.38	-0.68	0.06	0.11	-709.09	76.32
Employees Cost	2.94	3.49	3.18	3.02	2.78	5.76	-15.76
Depreciation	0.45	0.45	0.46	0.45	0.44	2.27	0
Other Expenses	4.16	4.27	3.42	3.47	2.98	39.6	-2.58
P/L Before Other Inc., Int., Excpt. Items & Tax	17.72	2.72	2.72	2.16	4.09	333.25	551.47
Other Income	0.23	0.18	0.11	0.4	0.11	109.09	27.78
P/L Before Int., Excpt. Items & Tax	17.96	2.9	2.82	2.56	4.2	327.62	519.31
Interest	0.37	0.61	0.57	0.56	0.6	-38.33	-39.34
P/L Before Exceptional Items & Tax	17.58	2.29	2.26	2	3.6	388.33	667.69
Exceptional Items	0.09	--	0.26	--	--		#VALUE!
P/L Before Tax	17.67	2.29	2.52	2	3.6	390.83	671.62
Tax	4.45	0.34	0.7	0.53	1	345	1208.82
Net Profit	13.22	1.95	1.82	1.47	2.6	408.46	577.95
Minority Interest	-0.48	-0.02	-0.06	--	-0.64	-25	2300
N P T	12.74	1.92	1.76	1.47	1.96	550	563.54
Equity Share Capital	8.26	8.26	8.26	8.26	8.26	0	0
Basic EPS FV 10	15.42	2.33	2.13	1.72	2.37	550.63	561.8

 

BSE Live 152.1     ON 17.08.20       

52 Wk L/H     27.25     152.1

Historical Prices
	1 YR	Current Price	%Gain / Loss
Open Price	34.5	103.5	200
	2 YR
Open Price	55.65	103.5	85.98
	3 YR
Open Price	68	103.5	52.21
	3 MONTHS
Open Price	49.25	103.5	110.15
Share Holding Pattern in (%)
Standalone	Mar-20	Dec-19	Sep-19	Jun-19
Promoters	54.35	54.35	53.98	49.73
Pledged	0	0	0	0
FII/FPI	0	0	0	0
Total DII	19.59	19.72	19.82	28.94
Fin.Insts	0	0	0	0
Insurance Co	0	0	0	0
MF	0	0	0	0
Others DIIs	19.59	19.72	19.82	28.94
Others	26.06	25.93	26.21	21.32
Total	100	100	100.01	99.99

 

balance sheet
Equities & Liabilities	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Share Capital	8.26	8.26	7.74	7.74	7.74
Reserves & Surplus	30.93	23.91	16.62	15.27	13.79
Current Liabilities	20.43	15.78	11.01	12.25	12.66
Other Liabilities	16.42	16.78	21.44	16.92	5.86
Total Liabilities	76.04	64.73	56.81	52.18	40.05
Assets
Fixed Assets	31.23	29.02	26.99	22.17	15.81
Current Assets	44.2	35.14	29.27	29.54	23.78
Other Assets	0.61	0.57	0.55	0.47	0.46
Total Assets	76.04	64.73	56.81	52.18	40.05
Other Info
Contingent Liabilities	0	0	0	0	0

 

 STRENGTHS      

Promoters increasing shareholding        

Company with high TTM EPS Growth             

Growth in Net Profit with increasing Profit Margin (QoQ) and YoY

Increasing Revenue every quarter for the past 3 quarters        

Increasing profits every quarter for the past 3 quarters

Annual Net Profits improving for last 2 years        

Company with Zero Promoter Pledge            

Growth in Operating Profit with increase in operating margins (YoY)       

Companies with rising net profit margins - quarterly as well as TTM basis            

CHART         

FROM APRIL 20, RISING UPWARD CURVE            

FROM 33.90 TO OVER 100 NOW.           

             

TECHNICAL RATING        

Bullish          

Valuation          

Market Cap (Rs Cr.)          

85.53           

P/E        

4.86             

Book Value (Rs)         

45.76           

Dividend (%)      

10         

Industry P/E        

65.8             

EPS (TTM)           

21.3             

P/C       

4.42             

Price/Book          

2.26             

Dividend Yield.(%)           

0.97             

Face Value (RS)         

10         

Deliverables (%)       

99.96      

 

Note : Presently, BUYERS ONLY stock for last several days