Toh scene ye hai ki Senores Pharmaceuticals apne promoter aur promoter group ko 11.7 lakh convertible equity warrants dega. Har warrant se woh ₹812 ke price pe ek equity share subscribe kar sakte hain. Is poore deal se company ka target hai ₹95 Crore fund raise karna.
Subsidiary ke liye Paisa
Yeh jo naya paisa aa raha hai na, yeh seedha Apnar Pharma Private Limited ko support karne ke liye hai, jahan Senores Pharma ne recently 75% stake acquire kiya tha. Funds primarily Apnar Pharma ke working capital requirements ke liye use honge. Apnar Pharma ki facility USFDA, UK-MHRA aur Health Canada approved hai, jisse Senores apni manufacturing capabilities aur regulated markets mein access badhana chahta hai.
Financials ka Kya Scene Hai?
Company ne pichhle saalon mein zabardast growth dikhaya hai. FY24 mein revenue 457.0% badh kar ₹2,173 million ho gaya aur net profit 287.9% jump kar ke ₹327 million pahunch gaya. Latest 9 mahino mein (December 2025 tak) bhi revenue 64% upar tha aur profit after tax 105% bada. Full FY25 mein total income ₹410 crore thi.
Thode Risks Bhi Hain
Par bhai, sab kuch itna smooth nahi hai. Profitability margins par pressure dikh raha hai. Operating profit margin FY24 mein 19.4% tha, jo FY23 ke 35.9% se kam hai. Net profit margin bhi 15.2% se 23.9% ho gaya. Company ka debt bhi FY24 mein ₹1 billion (matlab ₹100 Crore) ho gaya hai aur debt-to-equity ratio 0.7 hai. Last 3 saal se ROE 1.64% aur ROCE 3.45% ke aas paas hi hai, jo kafi low hai. Debtor days 225.88 hain, yani clients se paisa collect karne mein time lag raha hai. Aur cash flow from operations toh consistently negative hi raha hai. Plus, Apnar Pharma ka revenue FY25 mein 48% gira tha. Auditors bhi recently change hue hain.
Aage Kya?
Yeh capital infusion ek strategic move hai Apnar Pharma ko integrate karne ke liye. Investors abhi ye dekhenge ki ye warrants kaise convert hote hain aur funds kaise deploy hote hain. Margin pressure aur badhte debt ko manage karna company ke liye critical hoga.