This Multibagger stock turn 1 lakh into 30 lakhs in just 1 year announce bonus issue

Last year this Advanced Pharmaceutical small-cap company share traded at a price of ₹140 & now it is trading at ₹4000 which is more than 30x return in 1 year.

Remedium Lifecare Ltd a smallcap company in the business of trading in Advanced Pharmaceutical Intermediates and other pharma products announced a 9:5 bonus issue.

Remedium Lifecare Bonus details

Company NameEx DatePurposeRecord Date
Remedium Lifecare Ltd28 Jul 2023Bonus issue 9:529 Jul 2023

Business Overview:

Company does trading and sale of API intermediates (KSMs & CRMs) and various other raw materials used in API trading to innovator and generic pharmaceutical players in Domestic and International markets

Product Profile:

a) Active Pharmaceutical Ingredients: Lipid Lowering Agent, Antidepressant, Anti-Asthmatic, Anti-Histamine, Proton Pump Inhibitor, Active mucolytic agent, Anti-Hypertension, Decongestant, Anti-emetic, Anti-convulsant
b) CRMs and advanced intermediates: Tartaric Acid Salt, ThiopheneTosylate, Couple Amine Hydrochloride, Pantoprazole Sulphide, Chloro Compound, Cetirizine Base, Levo CBP

Revenue Breakup:

In FY22, company generated its entire revenue from Sale of Products

Quarterly Results

Figures in Rs. Crores

Mar 2022Dec 2022Mar 2023
Sales +40.29176.4875.58
Expenses +40.88174.9578.48
Operating Profit-0.591.53-2.90
OPM %-1.46%0.87%-3.84%
Other Income +
Profit before tax-0.721.52-2.81
Tax %-62.50%0.00%-70.11%
Net Profit +-1.161.52-4.78
EPS in Rs-3.224.22-13.28


On 14th November 2022, company approved Memorandum of Understanding for proposed merger of MVK Lifesciences Private Limited into company for strategic reasons.


Leave a Comment