Suven Life Sciences Ltd
Suven Life Sciences Ltd
HealthcareKey Fundamentals
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BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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36 extracted metrics + investor summaries across FY14–FY26.
Tapetide Score
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Technical Indicators
Key Insights
Strengths
1- Company is almost debt free.
Weaknesses
7- Stock is trading at 14.8 times its book value
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -4.68%
- The company has delivered a poor sales growth of -12.0% over past five years.
- Company has a low return on equity of -65.9% over last 3 years.
- Debtor days have increased from 63.7 to 77.5 days.
- Working capital days have increased from 55.6 days to 506 days
Growth Rate
AI Analysis — Bull vs Bear
Suven Life Sciences trades at a market cap of ₹8,475 Cr with a negative PE of -31.3x and negative ROE of -79% in the last year, reflecting ongoing losses despite being nearly debt-free. The stock has appreciated 28% over the past year even as sales declined 12% over five years, indicating a sharp disconnect between market pricing and operating fundamentals.
- Company is almost debt-free, providing financial flexibility and low insolvency risk in a capital-intensive healthcare sector
- Promoter holding increased by 2.79% over the last quarter, signaling insider confidence in the business outlook
- Stock CAGR of 73% over 3 years suggests sustained market interest and positive sentiment around the company's pipeline potential
- TTM sales growth has turned positive at 7%, potentially indicating a reversal from the negative 19% 3-year compounded sales decline
- 10-year stock CAGR of 38% demonstrates long-term wealth creation for shareholders despite operational challenges
- Near-zero debt gives the company runway to invest in R&D and drug development without servicing obligations eating into cash flows
- 1-year stock return of 28% outperforms broader market indices, reflecting market re-rating of the business
- Negative PE of -31.3x confirms the company is loss-making at the net income level, with compounded profit declining 67% on a TTM basis
- 3-year ROE of -65% and last year ROE of -79% indicate severe and worsening destruction of shareholder equity
- Stock trades at 14.6x book value despite negative returns on equity, suggesting extreme valuation premium relative to asset base
- Compounded sales growth is negative at -12% over 5 years and -35% over 10 years, reflecting a structurally shrinking revenue base
- Working capital days have ballooned from 2,939 to 9,156 days, indicating severely inefficient capital utilization and potential cash conversion issues
- Debtor days increased from 63.7 to 77.5 days, suggesting deterioration in collection efficiency and potential customer concentration risk
- Zero dividend yield means shareholders receive no income return while bearing significant operational risk from ongoing losses
- Low interest coverage ratio despite being nearly debt-free suggests operating earnings are insufficient to cover even minimal financial obligations
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
- Ropanicant Phase-2b hits primary endpoint Jun 17
Phase-2b trial for Major Depressive Disorder showed statistically significant improvement on primary endpoint with no serious safety signals. Company plans to initiate global Phase-3 studies.
- SUVN-I6107 advances to Phase-2 Jun 16
Phase-1 completed successfully showing favorable safety and CNS activity. Drug now moves into Phase-2 clinical development.
- Samelisant data at SLEEP-2026 Jun 12
Three posters to be presented at SLEEP-2026 in Baltimore, including Phase-2 results and Phase-3 study design for Samelisant.
- 62 partnering meetings at BIO 2026 Jun 22
Suven is showcasing its CNS portfolio at BIO International Convention in San Diego (Jun 22-25) with 62 scheduled partnering meetings for out-licensing and co-development.
- Promoters hold unpledged shares in FY26 Jun 17
No promoter shares were pledged during FY26 as disclosed under SEBI regulations, indicating clean promoter holding structure.
TL;DR: Suven Life Sciences is firing on multiple cylinders in its clinical pipeline with positive Phase-2b data for Ropanicant in depression, Phase-2 advancement of SUVN-I6107, and upcoming Samelisant presentations. No headwinds are visible in recent news flow. The key risk remains typical biotech execution risk around Phase-3 trial outcomes and partnering timelines, but the near-term trend is clearly positive with pipeline catalysts stacking up through 2026.
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4 | 3 | 2 | 2 | 1 | 3 | 2 | 1 | 2 | 1 | 3 | 2 | 4 |
| Expenses | 32 | 27 | 49 | 33 | 32 | 55 | 41 | 45 | 53 | 81 | 106 | 52 | 136 |
| Operating Profit | -28 | -24 | -46 | -30 | -31 | -52 | -39 | -44 | -51 | -80 | -103 | -51 | -132 |
| OPM % | -737% | -768% | -1885% | -1267% | -3024% | -2032% | -2435% | -2981% | -2714% | -8671% | -3678% | -3331% | -3711% |
| Other Income | 6 | 13 | 6 | 4 | 4 | 4 | 2 | 1 | 1 | 4 | 3 | 7 | 8 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 2 | 2 | 2 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 2 | 2 |
| PBT | -24 | -13 | -42 | -28 | -28 | -50 | -39 | -44 | -52 | -77 | -102 | -46 | -128 |
| Tax % | 0% | 0% | 0% | -4% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | -24 | -13 | -42 | -27 | -28 | -50 | -39 | -44 | -52 | -77 | -102 | -46 | -128 |
| EPS in Rs | -1.1 | -0.58 | -1.91 | -1.22 | -1.29 | -2.28 | -1.79 | -2.01 | -2.36 | -3.4 | -4.48 | -1.73 | -4.83 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 521 | 499 | 543 | 625 | 286 | 13 | 13 | 12 | 14 | 12 | 7 | 7 | 9 |
| Expenses | 361 | 398 | 414 | 427 | 300 | 128 | 93 | 134 | 139 | 140 | 172 | 291 | 375 |
| Operating Profit | 159 | 102 | 129 | 198 | -14 | -116 | -80 | -122 | -126 | -128 | -166 | -284 | -366 |
| OPM % | 31% | 20% | 24% | 32% | -5% | -917% | -593% | -1032% | -929% | -1094% | -2487% | -3999% | -4152% |
| Other Income | 9 | 19 | 21 | 23 | 27 | 14 | 8 | 5 | 14 | 29 | 11 | 14 | 21 |
| Interest | 5 | 6 | 6 | 5 | 2 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 1 |
| Depreciation | 12 | 18 | 21 | 21 | 11 | 4 | 4 | 4 | 7 | 6 | 6 | 6 | 6 |
| PBT | 152 | 98 | 123 | 196 | 0 | -106 | -77 | -122 | -118 | -106 | -161 | -276 | -352 |
| Tax % | 28% | 26% | 29% | 37% | 15038% | -11% | -7% | 0% | 0% | -1% | 0% | 0% | — |
| Net Profit | 109 | 72 | 87 | 124 | -24 | -94 | -72 | -122 | -118 | -105 | -161 | -276 | -352 |
| EPS in Rs | 5.7 | 3.76 | 4.57 | 6.48 | -1.25 | -4.94 | -3.78 | -5.59 | -5.42 | -4.82 | -7.37 | -10.48 | -14.44 |
| Div. Payout % | 7% | 35% | 15% | 15% | -80% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 15 | 22 | 22 | 22 | 26 |
| Reserves | 547 | 583 | 654 | 755 | 226 | 131 | 95 | 82 | 354 | 248 | 88 | 565 |
| Borrowings | 109 | 83 | 71 | 34 | 3 | 6 | 5 | 3 | 2 | 1 | 0 | 17 |
| Other Liabilities | 105 | 74 | 78 | 118 | 62 | 33 | 16 | 9 | 12 | 14 | 25 | 16 |
| Total Liabilities | 773 | 751 | 816 | 919 | 303 | 182 | 128 | 108 | 389 | 285 | 135 | 624 |
| Fixed Assets | 172 | 305 | 306 | 308 | 22 | 25 | 21 | 38 | 37 | 28 | 60 | 73 |
| CWIP | 107 | 7 | 10 | 25 | 0 | 0 | 5 | 4 | 0 | 0 | 0 | 4 |
| Investments | 0 | 0 | 301 | 279 | 223 | 0 | 0 | 45 | 46 | 76 | 22 | 181 |
| Other Assets | 494 | 439 | 199 | 308 | 58 | 157 | 103 | 22 | 305 | 181 | 53 | 367 |
| Total Assets | 773 | 751 | 816 | 919 | 303 | 182 | 128 | 108 | 389 | 285 | 135 | 624 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 143 | 68 | 109 | 70 | -53 | -135 | -96 | -128 | -116 | -115 | -155 | -300 |
| Investing | -110 | -39 | -311 | -1 | 30 | 146 | 56 | -22 | -248 | 94 | 155 | -462 |
| Financing | 179 | -68 | -30 | -52 | 5 | 3 | 35 | 146 | 396 | -1 | -1 | 757 |
| Net Cash Flow | 212 | -39 | -232 | 17 | -18 | 14 | -5 | -4 | 32 | -22 | -1 | -5 |
| Free Cash Flow | 25 | 10 | 79 | 28 | -92 | -137 | -102 | -147 | -119 | -113 | -193 | -305 |
| CFO/OP | 113 | 93 | 111 | 57 | 262 | 114 | 119 | 104 | 91 | 95 | 93 | 106 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 28 | 39 | 31 | 36 | 3 | 66 | 48 | 40 | 22 | 40 | 73 | 78 |
| Inventory Days | 165 | 183 | 222 | 329 | 0 | — | — | — | — | — | — | — |
| Days Payable | 89 | 78 | 91 | 134 | — | — | — | — | — | — | — | — |
| Cash Conversion Cycle | 105 | 144 | 162 | 231 | 3 | 66 | 48 | 40 | 22 | 40 | 73 | 78 |
| Working Capital Days | 49 | 55 | 42 | 82 | 23 | 704 | 1,084 | 234 | 265 | 101 | -440 | 506 |
| ROCE % | — | 13% | 15% | 24% | -4% | -54% | -58% | -118% | -53% | -36% | -87% | -80% |
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Company Information
Suven Life Sciences Ltd is a clinical-stage biopharmaceutical company focused on the acquisition, development and commercialisation of novel therapeutics for the treatment of neurodegenerative disorders.[1]