Thread on Natural Capsules Ltd 🧵

#Basics
1. CMP 335.65 (as on 03-01-2022)
Listed only on BSE (Code :- 524654)
Micro Cap Company (Mkt Cap 314 crores)
(1/14)
What does the company do ???
#Intro
Natural Capsules Ltd incorporated in 1993 at Bangalore manufactures Hard Gelatin Capsule shells, Hard Cellulose Capsule shells and Pharmaceutical Dosage Forms in Capsule Dosage Form.
(2/14)
-Two Manufacturing units one in Bangalore and other in Pondicherry
- Was the First Company to manufacture Vegetarian Capsules in India.
(3/14) #Stocks
Other Capsules manufactured by Co.
-Shiny Capsules
-Sweet Capsules
-Fast Release Capsules
-Regulatory Variants
-SLS Free Capsules
-Preservative Free Capsules
(4/14) #bse
#Exports
Company's products are exported to regulated and unregulated markets across the globe, following
stringent applicable rules and regulations.

(5/14)
Credit : - Company's Facebook Page
#Right Issue
Co. concluded Right Issue of 28 crores in the ratio of 1 : 2 and the record date was 12-11-2021.
Proceeds of the above was utilized for
1. Meeting capital expenditure for modernization/expansion of capsules unit.
2. Investment in Wholly Owned Subsidiary.
(6/14)
#Clientele List

Credit : - Investor Presentation Sept 2021

(7/14)
Revenue and Capacity Extracts

(8/14)
#Expansion Plans

Capacity will be enhanced from 10.8 BCPA (Dec 2020 to 24.1 BCPA (Q2FY23) which is when the commercialization of incremental capacities

P.S. (BCPA - Billion Capsules per annum)

(9/14)
#API Development
NCL is now foraying into the API business segment through its wholly owned subsidiary - Natural Biogenex Pvt Limited (NBPL) incorporated in 2020. The APIs that will be manufactured are, Dexamethasone, Betamethasone & Prednisolone, and their derivatives.
(10/14)
#Growth Triggers
The API products and capacities approved under the PLI Scheme

(11/14)
#PLIscheme
A scheme called “Production Linked Incentive Scheme for promotion of domestic manufacturing of critical Key Starting Materials (KSMs)/ Drug Intermediates (DIs) and Active Pharmaceutical Ingredients (APIs) has been app. by Govt. of India on 20th March, 2020.

(12/14)
Mgnt explanation to #Auditor Comments

Credit - Annual Report March 2021

(13/14)
#Rocket Pitch

-96 crores planned capex
-3 x ASSET TURNS
-Commercial Production to begin by Q2FY23

Anti thesis Pointer
-COVID
-Capex not completed / production issues
-others
(14/14)
Disclaimer : The above thread is not a stock recommendation kindly do your own research and consult your Financial Advisor.

A Thank You and shout out to @soicfinance and @ishmohit1 for developing a habit of Understanding Business

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with CA Vipul Makwana

CA Vipul Makwana Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(