Small Cap Pharma Stock Approves Interim Dividend, Shares Gain 432% In 3-Yrs

Small cap stock from the pharmaceuticals sector, Panchsheel Organics Ltd on Tuesday declared an interim dividend of Re 0.80/- share on shares of the face value of Rs 10/- each for the financial year 2023-24. Last trading price of Panchsheel Organics share BSE is Rs 183.60 per share with intraday fall of 0.86%. Panchsheel Organics shares declined 34% in last 1-year and gave return of 432% in last 3-years. Check details below:

Panchsheel Organics Declares Interim Dividend: According to the BSE filing of the company issued as on November 21, 2023, "Pursuant to Regulation 30 and 42 of the SEBI (LODR) Regulations, 2015, this is to inform that the Board of Directors of the Company at its meeting held on Friday, November 10, 2023, has declared an interim dividend of Rs. 0.80/- per share on Equity Shares of face value of Rs. 10/- each for the financial year 2023-24, which is 8% of paidup share capital."

Panchsheel Organics Stock Performance & Return: Last trading price of Panchsheel Organics share on BSE is Rs 183.60 per share. Its 52-week high price is Rs 322.35 per share and 52-week low price is Rs 160.00 per share, respectively. The small cap company has a market capitalisation of Rs 216.31 crore. Panchsheel Organics shares gave return of 6% in last 3-months, soared 88% in last 2-years, offered return of 473% in last 5-years. In last 10-years, Panchsheel Organics shares soared 1660.31%.

Panchsheel Organics Latest Financial Results: The company for the quarter ended September 30, 2023 announced its net sales at Rs 23.71 crore, down 2.58% as against Rs 24.33 crore announced in the corresponding period of last year. The company announced a marginal surge of 0.32% in its quarterly net profit to Rs 3.69 crore as against Rs 3.67 crore declared in the similar period of last year (i.e. September 2022). The company's EBITDA stood at Rs 5.44 crore in September 2023, up 2.45% from Rs 5.31 crore in September 2022. It declared its EPS declined to Rs 3.02 for the quarter ended September 30, 2023 from Rs 3.52 in September 2022.

Panchsheel Organics About: It is a leading manufacturer and exporter of Active Pharma Ingredients(APIs), Intermediates & Finished Formulations (both Human & Veterinary) having a wide experience of more than three decades in the healthcare field. The company was promoted in 1990 by the Turakhia Bros Group, having a 35 years of experience, expertise and a proven track-record in the field of Pharma Export-Import trading, dealing in a wide range of globally sourced, as well as indigenously manufactured, best-in-their-class life-saving medicines covering APIs, Intermediates, Specialty Chemicals, Hormones, Steroids etc, according to its official website.

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