Login
Products
Login
Home
Alerts
Search
Watchlist
Products

Venus Remedies Ltd

VENUSREM
NSE
967.40
3.65%
Last Updated:
30 Apr '26, 4:00 PM
Company Overview
Alert
Watchlist
Note

Venus Remedies Ltd

VENUSREM
NSE
967.40
3.65%
30 Apr '26, 4:00 PM
Company Overview
Add Alert
Add to Watchlist
Edit Note
6M
Price
Charts
Documents

Quick Ratios

Edit Ratios
Mkt Cap
Market Capitalization
1,293Cr
Close
Close Price
967.40
Industry
Industry
Pharmaceuticals - I V Fluids
PE
Price To Earnings
16.95
PS
Price To Sales
1.83
Revenue
Revenue
705Cr
Rev Gr TTM
Revenue Growth TTM
8.42%
PAT Gr TTM
PAT Growth TTM
119.03%
Peer Comparison
How does VENUSREM stack up?
Compare up to 10 companies side by side across valuation, profitability, and growth.
VENUSREM
VS

Quarterly Results

Consolidated
Standalone
Numbers
Percentage
QuarterMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Revenue
RevenueCr
15695168143195109170177195137193180
Growth YoY
Revenue Growth YoY%
9.3-33.519.922.725.414.21.423.1-0.126.313.32.1
Expenses
ExpensesCr
1318515013117697163159166122162143
Operating Profit
Operating ProfitCr
25101812191181829153138
OPM
OPM%
15.810.910.68.410.010.44.510.214.911.216.120.8
Other Income
Other IncomeCr
3232428127323
Interest Expense
Interest ExpenseCr
000000000000
Depreciation
DepreciationCr
886766655667
PBT
PBTCr
20514817792531132633
Tax
TaxCr
9441766510368
PAT
PATCr
11110711142021102026
Growth YoY
PAT Growth YoY%
4,708.7-82.986.5108.2-5.03.4-64.7186.199.8686.9473.530.5
NPM
NPM%
7.11.25.94.85.41.12.111.110.87.010.414.2
EPS
EPS
8.30.97.45.17.90.92.614.715.77.215.119.1

Profit & Loss

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Revenue
RevenueCr
464418400372322339548600556601648705
Growth
Revenue Growth%
-14.3-9.8-4.4-6.9-13.65.461.59.5-7.48.37.78.8
Expenses
ExpensesCr
375337349333289299494538495542584592
Operating Profit
Operating ProfitCr
8981513933415462606064113
OPM
OPM%
19.219.412.710.610.112.09.810.310.89.99.816.0
Other Income
Other IncomeCr
1222-3-443810123114
Interest Expense
Interest ExpenseCr
4138343525131300000
Depreciation
DepreciationCr
464240343432353432262324
PBT
PBTCr
34-22-28-30-84936384572104
Tax
TaxCr
-32-53-12-13-411162727
PAT
PATCr
52-17-31-29-10624127284576
Growth
PAT Growth%
-92.0-67.1-1,105.5-79.76.965.0717.7-34.1-34.87.359.068.4
NPM
NPM%
1.10.4-4.3-8.2-8.9-3.011.36.84.84.77.010.8
EPS
EPS
4.51.5-14.9-24.9-23.1-8.150.030.919.921.333.957.1

Balance Sheet

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
Equity CapitalCr
111112121212121313131313
Reserves
ReservesCr
445426376350320311374427447474548581
Current Liabilities
Current LiabilitiesCr
16319319723026422597938379136143
Non Current Liabilities
Non Current LiabilitiesCr
22221218015813796584758601831
Total Liabilities
Total LiabilitiesCr
841843765751733644556580601627716768
Current Assets
Current AssetsCr
233277259260265294234278323360452486
Non Current Assets
Non Current AssetsCr
608566506491467350322302278267264282
Total Assets
Total AssetsCr
841843765751733644556580601627716768

Cash Flow

Consolidated
Standalone
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating Cash Flow
Operating Cash FlowCr
68475931457813241373786
Investing Cash Flow
Investing Cash FlowCr
-673-18-11-11-556-17-51-7-76
Financing Cash Flow
Financing Cash FlowCr
-1-46-44-39-35-73-162-9-1-1-1
Net Cash Flow
Net Cash FlowCr
-13-4-20-102615-15299
Free Cash Flow
Free Cash FlowCr
68473631357013241292877
CFO To PAT
CFO To PAT%
1,313.92,759.6-345.0-101.6-158.6-776.1213.4100.9137.9130.9190.8
CFO To EBITDA
CFO To EBITDA%
76.057.8116.279.0139.4190.1245.266.261.062.6136.1

Ratios

Consolidated
Standalone
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
153101121814128339359216436400
Price To Earnings
Price To Earnings
29.659.80.00.00.00.05.58.88.215.38.8
Price To Sales
Price To Sales
0.30.20.30.20.10.10.60.60.40.70.6
Price To Book
Price To Book
0.30.20.30.20.10.10.90.80.50.90.7
EV To EBITDA
EV To EBITDA
5.25.07.98.58.24.56.75.73.46.95.1
Profitability Ratios
Profitability Ratios
GPM
GPM%
42.043.043.244.943.548.637.835.540.441.041.6
OPM
OPM%
19.219.412.710.610.112.09.810.310.89.99.8
NPM
NPM%
1.10.4-4.3-8.2-8.9-3.011.36.84.84.77.0
ROCE
ROCE%
5.75.51.91.3-0.81.114.17.67.68.512.8
ROE
ROE%
1.10.4-4.4-8.5-8.6-3.116.09.35.85.88.1
ROA
ROA%
0.60.2-2.2-4.1-3.9-1.611.17.04.44.56.3
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
### **Overview** Venus Remedies Limited is a research-driven, globally integrated pharmaceutical company headquartered in Panchkula, India. Established in 1989 as Venus Glucose Private Limited, the company has evolved into one of India’s top-tier manufacturers of specialized injectable formulations, with a strong global footprint and a strategic focus on innovation, regulatory excellence, and digital transformation. Venus Remedies ranks among the world’s **top 10 manufacturers of fixed-dose injectable pharmaceuticals** and is positioned within the **global top 500 pharma companies**. The company operates through a dual focus on **generic and specialty formulations**, serving over **90 countries** across emerging and regulated markets. Its consolidated business includes a wholly owned German subsidiary, **Venus Pharma GmbH**, which strengthens its European distribution and regulatory access. --- ### **Core Therapeutic Areas** Venus Remedies targets high-growth, high-unmet-need segments: - **Antimicrobial Resistance (AMR)** – Flagship focus, including novel antibiotics and resistance-breaker therapies. - **Oncology** – Growing portfolio of chemotherapy and supportive care injectables. - **Critical & Super-Specialty Care** – Neurosurgery, pain management, anticoagulants, skin & wound care. - **Natural Products / Herbal Therapeutics** – Via its **RESET** consumer health brand. - **Hemostatics** – Focused on trauma and surgical care innovations. --- ### **Product Portfolio & Growth Drivers** #### Key Products Driving Growth: - **Meropenem & Imipenem-Cilastatin (Carbapenems)** – Venus is India’s **largest exporter of Meropenem**, accounting for ~40% of exports. The product contributes significantly to revenue, with over 120 global marketing authorizations. - **Enoxaparin** – A major anticoagulant with robotic pre-filled syringe (PFS) capabilities; a high-volume, high-growth product with EU-GMP and UNICEF certification. - **Elores** – A patented combination therapy targeting **ESBL/MBL-producing Gram-negative infections**, launched in multiple markets including Saudi Arabia, Oman, and Ecuador. - **VRP-034 (Polymyxin B with Renal Guard Technology)** – A first-in-class, nephrotoxicity-reduced antibiotic; **QIDP-designated by US FDA**, with global patent protection and expected commercial launch in upcoming years. - **Mintide, Sugammadex, Bendamustine, Azacitidine, Fulvestrant** – Recent high-value oncology and supportive care launches with significant future revenue potential. #### Consumer Healthcare: RESET - **RESET** is a science-backed, D2C wellness brand targeting pain, sleep, detox, and mental wellness. - Uses nano-formulations, plant-based ingredients, and AI-driven diagnostics for personalized health recommendations. - Achieved **25x YoY growth** and 20% repeat purchase rate; positioned for expansion in domestic and international markets. --- ### **R&D & Innovation Strategy** Led by the **Venus Medicine Research Centre (VMRC)** – DSIR-approved, GLP-accredited, CPCSEA-compliant – the company drives innovation through: - **Renal Guard Technology** – Proprietary platform to reduce nephrotoxicity of antibiotics like polymyxin B, colistin, and amikacin. - **Antibiotic Resistance Breakers (ARBs)** – Enhance efficacy of existing antibiotics; core to the **PLEA (Preserving Life of Existing Antibiotics)** initiative. - **Novel Drug Delivery Systems (NDDS)** – Including nanotechnology, pulsatile release, targeted delivery. - **Gene Editing (CRISPR-Cas)** – In early development for next-gen antimicrobials; among 3 Indian candidates featured in the **WHO 2023 Global Antibacterial Pipeline Report**. - **Organ-on-a-Chip (OOC)** – India’s **first human Kidney-on-a-Chip lab**, used to validate VRP-034’s safety and accelerate pre-clinical development. #### Key Pipeline in Development: | Candidate | Status | Indication | |--------|--------|------------| | **VRP-034** | Clinical Readiness / Pre-IND | Life-threatening Gram-negative infections (QIDP-designated) | | **VRP-035/VRP-044** | Pre-clinical | Nephroprotective versions of amikacin and colistin | | **VRP-048** | Pre-clinical | Meropenem + MBL inhibitor combo for cUTI and pneumonia | --- ### **Manufacturing & Regulatory Excellence** - **9 Globally Benchmark Facilities**: - **India**: Panchkula (Haryana), Baddi (Himachal Pradesh) - **Germany**: Werne (subsidiary Venus Pharma GmbH) - **EU-GMP, UNICEF, WHO-GDP, PIC/S (Malaysia, Ukraine, Moldova), KSA SFDA, TGA, SAHPRA, and ISO certifications** validate quality and credibility. - **Robotic PFS Line** – For enoxaparin with 20M+ annual capacity; also approved in Malaysia (NPRA), enabling faster global approvals via mutual recognition. - **Central Plant Coordination (PCD)** and **IoT/AI-driven monitoring** ensure efficiency and compliance. --- ### **Global Market Presence & Commercial Strategy** - **International Revenue**: ₹468 crore (72% of total ₹648 crore in FY25), driven by regulated and emerging markets. - **Top Markets**: - **Europe**: Germany, Italy, Spain, UK - **Middle East & Africa**: Saudi Arabia, UAE, Libya, Morocco, Sudan - **Asia**: Thailand, Philippines, Myanmar, Nepal - **Americas**: Mexico, Colombia, Ecuador - **Regulatory Strength**: More than **1,050 marketing authorizations (MAs)** globally, with **430+ active** and plans to **activate 100+ dormant MAs in FY26**. - Strategic **regulatory dossiers in submission** across EU, UK, ASEAN, and LATAM to enter 100 countries by 2025–26. --- ### **Digital Transformation** Venus Remedies is a digital pioneer in the Indian pharma space: - **Davai App**: B2B e-commerce platform for digital order fulfillment; covers 10,000+ stockists in 2,400+ towns. - **SpineNextGen ERP + PharmaWRK + Luna Intelligence**: Integrated digital ecosystem for CRM, forecasting, and field engagement. - **AI & Predictive Analytics**: For **pricing, bid strategies, gross contribution modeling**, and **launch velocity tracking**. - **Customer Delight Online**: Centralized order management system for domestic and international operations. - **WebXR for MedEd**: Immersive product training using 8th Wall platform. - **Fully Paperless Operations** targeted for FY26. --- ### **Strategic Growth Pillars** 1. **Therapeutic Expansion**: - Focus on **oncology, CNS, anti-infectives, and high-gross contribution (GC)** products like Meropenem and Enoxaparin. - Reduced over-reliance on antibiotics; **oncology grew over 30% in EU** in FY24. 2. **Geographic Diversification**: - Strong presence in **PIC/S countries** (32+ including Ukraine, Malaysia); expanding into LATAM, ASEAN, CIS. - Won **UNICEF & PAHO global tenders** – critical for access in underserved markets. 3. **Portfolio Penetration**: - Deepening relationships with **existing partners** (e.g., Cipla, Zydus in CDMO). - Launching **private-label products** in Asia, CIS, and LATAM. 4. **Institutional & Government Business**: - Domestic: Supplying **Pradhan Mantri Bharatiya Jan Aushadhi Kendras**, Indian Railways, state hospitals. - International: Institutional tenders in **Saudi Arabia, Ukraine, Mexico, Peru**. - **100% institutional sales to public hospitals**, targeting 1% market share in key brands. 5. **R&D Commercialization**: - Shifting from **IP creation to value generation**. - In-licensing key assets: **MET-X (MBL inhibitor)** from Infex Therapeutics (UK) for combo development. - Collaborations with **Veeda Clinical Research (India), Nortis Bio (US), Newcells Biotech (UK)**. --- ### **Financial & Operational Highlights (FY25)** - **Total Revenue**: ₹648 crore - **International**: ₹468 crore (72%) - **Product Approvals**: **285 FY25** – record high, primarily for international markets. - **Manufacturing Upgrades**: Automation, debottlenecking, increased batch sizes (e.g., Vancomycin from 36k to 72k units). - **Contract Manufacturing (CDMO)**: Expanded with two new agreements; serving top Indian and international players. - **Patents & IP**: Over **130 granted patents, 125 trademarks, 17 copyrights** globally. - **Government Recognition**: DSIR R&D registration (customs duty exemption), beneficiary of **Pharma PLI scheme (₹10 crore disbursement)**. --- ### **Sustainability & Global Health Impact** - Member of **AMR Industry Alliance, India AMR Innovation Hub, Vivli AMR Registry**. - **Pioneer in AMR R&D**: VMRC contributes 5 of India’s 10 preclinical candidates in the **WHO Antibacterial Pipeline Review**. - **Affordable Access**: Repurposed antibiotics with ARBs to combat resistance in low- and middle-income countries. --- ### **Key Recognition** - **FICCI Healthcare Award 2023** – For Organ-on-a-Chip technology. - **PLI Scheme Beneficiary** – Recognized innovator in the pharmaceutical sector. - **Global Tender Wins** – UNICEF, PAHO, Saudi MoH, INSABI Mexico. ---