Aurobindo Pharma Ltd


BSE: 524804 | NSE: AUROPHARMA | ISIN: INE406A01037 
Market Cap: [Rs.Cr.] 3,358 | Face Value: [Rs.] 1
Industry: Pharmaceuticals - Indian - Bulk Drugs & Formln

 Discuss this stock

Board Meet

29-May-12 
Aurobindo Pharma Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 29, 2012, inter alia, to consider and approve the Audited Financial Results of the Company for the financial year ended March 31, 2012. With reference to the earlier announcement dated May 09, 2012 regarding the date of the Board Meeting to consider Audited Financial Results on May 29, 2012, Aurobindo Pharma Ltd has now informed BSE that at the said Board meeting the Board will also consider recommendation of Dividend, if any, for the year 2011-12. (As Per BSE Announcement Website Dated on 21/05/2012) 
13-Feb-12 
Aurobindo Pharma Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on February 10, 2012, inter alia, to consider the Un-Audited Financial Results of the Company for the quarter ended December 31, 2011 (Q3). With reference to the earlier announcement dated January 30, 2012 regarding Q3 results on Feb 10, 2012, Aurobindo Pharma Ltd has now informed BSE that the Board Meeting proposed on February 10, 2012 to consider inter alia the Un-Audited Financial Results of the Company for the quarter ended December 31, 2011 has been postponed due to unavoidable circumstances. The meeting is now scheduled to be held on the February 13, 2012. (As Per BSE Announcement Website dated on 10.02.2012) 
18-Jan-12 
Aurobindo Pharma Ltd has informed BSE that Dr. C Channa Reddy has been appointed as an Additional Director of the Company at the Board Meeting held on January 18, 2012. He will function as a Non Executive, Independent Director of the Company. 
08-Nov-11 
Aurobindo Pharma Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on November 08, 2011, inter alia, to consider the Un-Audited Financial Results of the Company for the quarter and half year ended September 30, 2011 (Q2). Aurobindo Pharma Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 08, 2011, inter alia, has concluded the following; The Restructuring committee, which was formed by the Board, primarily went into analyzing various aspects of restructuring and its cause effects, and debated the same in its various meetings held. The various factors inter alia which were considered and analyzed: - Underlying Business - Loss of Diversification - Share Market index weightage and shareholders' liquidity - Impact on Funding cost and Risks - Other cost related issues After careful analysis of various presentations made by agencies appointed and after deliberations at the committee level including analyzing above factors about segregation of API and formulations business into two separate entities, the Board concluded that at the current juncture, it would be Best to keep it status quo and not attempt any segregation by way of restructuring and loose the operational economies of combined entity in the interest of maintaining / maximizing shareholders wealth. However, business dynamics may change in the near or future term which may become attractive for Aurobindo to re-consider the above factors and if found favorable, attempt a segregation exercise at such future time. 
06-Aug-11 
Aurobindo Pharma Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 06, 2011, inter alia, to consider the Un-Audited Financial Results of the Company for the quarter ended June 30, 2011 (Q1). 

AGM

29-Jul-11
Aurobindo Pharma Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from July 22, 2011 to July 29, 2011 (both days inclusive) for the purpose of Payment of Final Dividend & 24th Annual General Meeting (AGM) of the Company to be held on July 29, 2011. Aurobindo Pharma Ltd has informed BSE that the members at the 24th Annual General Meeting (AGM) of the Company held on July 29, 2011, have unanimously approved the following: 1. Audited Annual Accounts of the Company for the year ended March 31, 2011. 2. Final Dividend @ 100% i.e., Re. 1/- per share of Re. 1/- each (Interim Dividend @ 100% i.e., Rs. 5/- per share of Rs. 5/- each, which was already paid) for the year 2010-2011. 3. Re-appointment of Mr. K. Ragunathan, Dr. M. Sivakumaran and Mr. M. Madan Mohan Reddy as Directors of the Company. 4. Re-appointment of S. R. Batliboi & Associates., as Statutory Auditors of the Company. 5. Re-appointment of Mr. P. V. Ramprasad Reddy as Executive Chairman and Mr. K. Nithyananda Reddy as Managing Director of the Company. 6. Revision of Remuneration payable to Ms. Kirthi Reddy, Head - Unit-IV, a relative of Directors. 7. Enhancement of sitting fees payable to Directors subject to approval of Central Government. The final dividend declared at the meeting will be paid to the shareholders on August 05, 2011. (As Per BSE annoncement Website Dated on 30/07/2011) 
23-Sep-10
AGM 23/09/2010 Aurobindo Pharma Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on September 23, 2010, inter alia, have accorded to the following: 1. Audited Annual Accounts of the Company for the year ended March 31, 2010. 2. Final Dividend @ 40% i.e., Rs.2/- per share (Interim Dividend @ 60% i.e. Rs. 3/- per share already paid) for the year 2009-2010. 3. Re- appointment of Dr. K Ramachandran, Dr. P L Sanjeev Reddy and Mr. P Sarath Chandra Reddy as Directors of the Company. 4. Re-appointment of S R Batliboi & Associates., as Statutory Auditors of the Company. (As Per BSE Announcement Website dated on 23.09.2010) 
23-Dec-09
To convene the 22nd Annual General Meeting of the Company on December 23, 2009. Aurobindo Pharma Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on December 23, 2009, inter alia, have approved the following: 1. Audited Annual Accounts of the Company for the year 2008-2009. 2. Final Dividend @ 30% i.e., Rs. 1.50 per share (Interim Dividend @ 60% i.e. Rs. 3.00 per share already paid) for the year 2008-2009. 3. Re-appointment of Dr. M. Sivakumaran, Mr. M. Madan Mohan Reddy and Mr. M. Sitarama Murthy as Directors of the Company. 4. Re-appointment of S. R. Batliboi & Associates, as Statutory Auditors of the Company. 5. Revision of remuneration of Mr. P. V. Ramaprasad Reddy, Chairman, Mr. K. Nithyananda Reddy, Managing Director and Dr. M. Sivakumaran, Wholetime Director. 6. Re-appointment of Dr. M. Sivakumaran and Mr. M. Madan Mohan Reddy as Wholetime Directors of the Company. 7. Appointment of Ms. K. Kirthi Reddy and Mr. Vishnu M. Sriram under section 314 of the Companies Act, 1956. 8. Appointment of Dr. D. Rajagopala Reddy as a Director of the Company. (As Per BSE Announcement Dated on 23/12/2009) 
20-Aug-08
AGM 20/08/2008 Aurobindo Pharma Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on August 20, 2008, have approved the following: 1. Audited Annual Accounts of the Company for the year 2007-2008. 2. Dividend @ 65% i.e., Rs 3.25 per share for the year 2007-2008. 3. Appointment of S R Batliboi & Associates., as Statutory Auditors of the Company. 4. Re-appointment of Dr. S Bimal Singh and Dr. K Ramachandran as Directors of the Company. 5. Appointment of Mr. K Ragunathan as a Director of the Company. (As per BSE Announcement dated on 22/08/2008) 
27-Sep-07
20th Annual General Meeting (AGM) of the Company to be held on September 27, 2007. Aurobindo Pharma Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on September 27, 2007, inter alia, have approved the following: 1. Audited Annual Accounts of the Company for the year 2006-2007. 2. Dividend 50% i.e., Rs 2.50 per share for the year 2006-2007. 3. Re-appointment of S R Batliboi & Co., as Statutory Auditors of the Company. 4. Appointment of Mr. M Sitarama Murthy, Mr. P L Sanjeev Reddy and Mr. P Sarath Chandra Reddy as Directors of the Company. 5. Amendment to the Articles of Association of the Company. (As per BSE Announcement website dated on 27/09/2007) 

EGM

23-Dec-10
Aurobindo Pharma Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on December 23, 2010, inter alia, to Sub-division of 13,20,00,000 Equity Shares of the face value of Rs. 5/- each in the Authorised Share Capital of the Company into 66,00,00,000 Equity Shares of the face value of Rs. 1/- each. Further to resolve that the existing Clause V of the Memorandum of Association of the Company relating to share capital be altered by deleting the same and substituting in place thereof the following new Clause V. 'V. a) The Authorised Share Capital of the Company is Rs. 76,00,00,000/- (Rupees Seventy Six Crores only) divided into 66,00,00,000 (Sixty Six Crores only) Equity Shares of Re.1/- (Rupee One only) each and 10,00,000 (Ten Lakhs only) Preference Shares of Rs. 100/- (Rupees One Hundred only) each. b) The Company has power from time to time increase in Capital as Equity or preferred Shares and to attach to any class or classes of such Shares, preferences, rights, privileges or priorities in payment of dividends, or distribution of assets, or otherwise over and other shares and to subject the same to any restrictions, limitations or conditions and to vary the regulations of the Company, as to a portion the right to participate in profits in any manner subject to the prior consent of the Government of India or the order of the court, if the same will be necessary being obtained before doing so. Further to resolve that the existing Article 3 of the Articles of Association of the Company relating to share capital be altered by deleting the same and substituting in place thereof the following new Article 3. '3. The Authorised Share Capital of the Company is Rs. 76,00,00,000/- (Rupees Seventy Six Crores only) divided into 66,00,00,000 (Sixty Six Crores only) Equity Shares of Re. 1/- (Rupee One only) each and 10,00,000 (Ten Lakhs only) Preference Shares of Rs. 100/- (Rupees One Hundred only) each and the same may be increased or reduced in accordance with the Companies Act, 1956 and the Memorandum of Association as and when thought fit by the Board of Directors.' Aurobindo Pharma Ltd has informed BSE that the shareholders at the Extraordinary General Meeting (EGM) of the Company held on December 23, 2010, have approved the sub-division of one equity share of the face value of Rs. 5/-each in the Company into five equity shares of the face value of Rs. 1/- each. Aurobindo Pharma Ltd has submitted to BSE a copy of extract of the minutes of the Extra Ordinary General Meeting (EGM) of the Company held on December 23, 2010. (As Per BSE Announcement Website Dated on 23/12/2010) 
20-Jan-10
Aurobindo Pharma Ltd has informed BSE that by an order made on December 09, 2009, the Hon'ble High Court of Judicature of Andhra Pradesh at Hyderabad has directed that a Meeting of the Equity Shareholders of the Applicant Company i.e., Aurobindo Pharma Ltd., be convened and held on January 20, 2010, for the purpose of considering and if thought fit approving, with or without modification(s), the Scheme of Amalgamation proposed to be made between Trident Life Sciences Ltd. and Aurobindo Pharma Ltd. and their respective shareholders. Aurobindo Pharma Ltd has informed BSE that the Shareholders of the Company at their meeting held on January 20, 2010, as per the directions of the Hon'ble High Court of Andhra Pradesh at Hyderabad, have approved the Scheme of Amalgamation between Trident Life Sciences Ltd. (a wholly owned subsidiary of Aurobindo Pharma Ltd.) and Aurobindo Pharma Ltd and their respective Shareholders. (As Per BSE Announcement Website dated on 21.01.2010) 
21-May-09
Aurobindo Pharma Ltd has informed the Exchange that by an order made on April 18, 2009 in the Company Application, the Hon'ble High Court of Judicature of Andhra Pradesh at Hyderabad has directed that a Meeting of the Equity Shareholders of the Applicant Company i.e., Aurobindo Pharma Limited, be convened and held on May 21, 2009 for the purpose of considering and if thought fit approving, with or without modification(s), the arrangements embodied in the Scheme of Arrangement proposed to be made between Aurobindo Pharma Limited and its Shareholders. Aurobindo Pharma Ltd has informed BSE that the Shareholders of the Company at its meeting held on May 21, 2009, as per the directions of the Hon'ble High Court of Andhra Pradesh at Hyderabad, have approved the Scheme of Arrangement between the Company and its Shareholders by requisite majority. The Shareholders have also approved the resolution for the reduction of capital in the form of utilization of Capital Redemption Reserve Account as the proposed Scheme involves Utilization of the Capital Redemption Reserve Account and creation of Reconstruction Reserve Account. (As Per BSE Announcement Website dated on 22.05.2009) 
20-Feb-07
Aurobindo Pharma Ltd has informed BSE that pursuant to the order made by the High Court of Judicature of Andhra Pradesh, at Hyderabad, a meeting of the Equity Shareholders of the Company will be held on February 20, 2007, for the purpose of considering, and if thought fit, approving with or without modification(s), the arrangement embodied in the Scheme of Arrangement proposed to be made between the Company and APL Life Sciences Ltd and Senor Organics Pvt Ltd 
27-Apr-06
Board has considered and approved the proposal to issue Foreign Currency Convertible Bonds (FCCBs) up to USD 200 million in overseas markets to fund amongst other things, the overseas acquisitions and future growth requirements of the Company. Further, it has been decided to convene an Extra Ordinary General Meeting (EGM) of the members of the Company on April 27, 2006 to seek their approval EGM 27/04/2006 inter alia, to transact the following business: 1. To create, offer, issue and allot from time to time to all eligible investors, whether members of the Company or not, through a public issue and / or on a private placement basis, Ordinary Shares, debentures whether partly / fully convertible, and/or Securities linked to Ordinary Shares and / or foreign currency convertible bonds convertible into Equity shares or depository receipts and / or Securities convertible into equity shares at the option of the Company and / or the holder of such Securities and / or equity shares through depository receipts ("Securities"), through prospectus and / or offer letter so however that the total amount raised through the aforesaid Securities do not exceed US$ 200 Million, such issue and allotment to be made at such time or times, in one or more tranches, at such price or prices, in such manner, subject to necessary approvals & provisions. 2. To borrow periodically from, including without limitation, any Banks and / or public financial institutions as defined under Section 4 of the Companies Act, 1956 and / or any foreign financial institution(s) and / or any entity / entities or authority / authorities and / or through suppliers credit Securities instruments, such as floating rate notes, fixed rate notes, syndicated loans, debentures, commercial papers, short term loans or any other instruments, etc and / or through credit from official agencies and / or by way of commercial borrowings from the private sector window of multilateral financial institution(s), either in rupees or in such other foreign currencies as may be permitted by law from time to time, as may be deemed appropriate by the Board for an aggregate amount not exceeding Rs 30,000 million notwithstanding, that money so borrowed together with the monies already borrowed by the Company, if any (apart from temporary loans obtained from the Company's bankers in the ordinary course of business) may exceed the aggregate of the paid up capital of the Company and its free reserves, that is to say, reserves not set apart for any specified purpose, subject to necessary approvals & provisions. 3. For mortgaging and / or charging on such terms and conditions for borrowing upto Rs 30,000 million at such time or times and from time to time and in such form or manner, as they may think fit, the whole or substantially the whole of the Company's any one or more of the undertakings including the present and / or future properties, whether movable or immovable comprised in any or new undertaking(s) of the Company as the case may be, in favour of financial institutions, corporations, banks, mutual funds, government / other agencies or any other person(s), entities which give, provide or extend loans / facilities to the Company or in favour of trustees of such lenders to secure the said amount of loans / debentures together with interest thereon, commitment charges, liquidated damages, premium on redemption, trustees remuneration, costs, charges, expenses and all other moneys payable under the agreement(s) / arrangement(s) entered into / to be entered into by the Company in respect of the said loans as the Board may deem fit in the best interests of the Company, subject to necessary approvals & provisions. (As per BSE Bulletin dated on 04/04/2006) Aurobindo Pharma Ltd has informed the Exchange that in the Extra Ordinary General meeting of the members of the Company held on April 27, 2006 the members approved the special resolution for issue of Foreign Currency Convertible Bonds (FCCBs) up to USD 200 million in overseas markets to fund amongst other things, the overseas acquisitions and future growth requirements of the Company. The Company has now informed further that the members approved the ordinary resolutions to increase the borrowing powers of the Directors from the existing limit of Rs.1500 Crores to Rs.3000 Crores in terms of Section 293(1) (d) and to mortgage and charge for borrowings upto Rs.3000 Crores u/s.293(1) (a) of the Companies Act, 1956. (As per NSE bulletin dated on 28/04/2006) Aurobindo Pharma Ltd has informed BSE that members at the Extra Ordinary General Meeting(EGM) of the Company held on April 27, 2006, inter alia, have approved the following resolutions: 1. Issue of Foreign Currency Convertible Bonds (FCCBs) upto USD 200 Million in overseas markets to fund amongst other things, the overseas acquisitions and future growth requirements of the Company. 2. To Increase the borrowing powers of Directors from the existing limit of Rs 15000 million to Rs 30000 million. 3. To mortgage and charge for borrowings upto Rs 30000 million. (As per BSE Bulletin dated on 28/04/2006) Aurobindo Pharma Ltd has submitted to the Exchange a copy of the proceedings of the Extraordinary General Meeting of the members of the Company held on April 27, 2006. (As per NSE Bulletin dated on 03/05/2006) 

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
Sun Pharma.Inds. 59,024.02 36.91 8.84 29.33 22.3 23.3 0.01
Dr Reddy's Labs 28,898.96 31.67 4.30 22.23 15.0 15.2 0.17
Cipla 24,889.90 22.14 3.32 18.79 15.4 17.9 0.04
Ranbaxy Labs. 22,222.51 17.79 11.55 0.00 0.0 0.0 1.22
Cadila Health. 15,284.86 23.25 6.00 21.79 32.9 27.5 0.31
Glenmark Pharma. 9,637.92 36.32 4.41 24.56 11.3 11.9 0.51
Wockhardt 8,617.31 29.96 71.71 39.85 0.0 0.0 3.18
Piramal Health 7,302.32 55.83 0.66 0.33 4.2 6.1 0.07
Torrent Pharma. 5,414.83 14.93 4.15 11.43 29.5 25.9 0.55
Biocon 4,322.00 16.91 2.06 11.21 26.2 26.8 0.10
Ipca Labs. 4,270.28 15.69 4.05 10.26 26.5 25.1 0.51
Strides Arcolab 3,982.81 61.55 2.94 16.20 5.1 5.7 0.97
Aurobindo Pharma 3,357.84 10.43 1.31 8.01 26.5 19.7 0.95
Matrix Labs. 3,273.19 8.13 2.00 0.00 28.9 27.4 0.52
Fres.Kabi Onco. 2,187.12 83.79 4.04 16.45 9.5 10.8 0.58

Futures & Options Quote

 
Expiry Date
115.65 =0.00  (0.0%)
Instrument: FUTSTK
Expiry Date: 31 May 2012
Open Price: 109.20
Average Price: 113.97
No. of Contracts Traded: 1,420,000
Open Interest: 2,272,000
Underlying: AUROPHARMA
Market Lot: 2000
Previous Close: 115.65
Day’s High | Low: 117.00 | 109.20
Turnover (Cr.): 16.18
Open Int. Change: 0.00 (0.0% )
View detailed F& O quotes >>

Key Information

Key Executives:

P V Ramprasad Reddy , Chairman 

K Nithyananda Reddy , Managing Director 

M Sivakumaran , Whole-time Director 

M Madan Mohan Reddy , Whole-time Director 


Company Head Office / Quarters:
Plot No 2 Maitri Vihar,
Behind Maithri Vanam Ameerpet,
Hyderabad,
Andhra Pradesh-500038
Phone : 91-040-66725000
Fax : 91-040-23741080/23746833
E-mail : info@aurobindo.com
Web : http://www.aurobindo.com
Registrars:
Karvy Computershare Pvt Ltd
Plot No 17-24
Vittal Rao Nagar
Madhapur
Hyderabad-500081

Calendar

May-2012
M T W T F S S
21 22 23 24 25 26 27
IPO
listNo IPO today
Economic Events
list U. of Michigan Confidence
list German GfK Consumer Confidence Survey
Results
list Reliance Infra. | Crompton Greaves | ITC | Guj Fluorochem