Gujarat Terce Laboratories Ltd

NSE: BSE: 524314

₹34.13

-2.78 (7.53%)

Sun, 25 Oct 2026, 10:12 pm

MTF 5xInvest in Gujarat Terce Laboratories Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)26.59

PE Ratio12.75

Dividend0

Health Technology

Pharmaceuticals: Major

24.5K

Gujarat Terce Laboratories Balance Sheet

Income Statement Balance Sheet Cashflow

Particulars	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-3.27M	-3.98M	-3.57M	-4.07M	-4.32M	-4.08M	-4.11M	-3.77M	-3.11M	-2.26M	-2.54M	-2.92M	-3.89M	-4.01M	-7.21M	-6.76M	-4.15M
Pretax equity in earnings	—	—	—	—	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity in earnings	—	—	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total assets	130.88M	134.18M	261.19M	263.80M	254.33M	259.30M	263.09M	244.95M	236.55M	195.11M	194.54M	225.06M	218.04M	275.60M	287.23M	234.83M	230.54M
Total current assets	112.63M	115.00M	203.56M	169.83M	155.36M	160.01M	165.51M	145.96M	126.16M	95.17M	92.20M	119.12M	119.53M	154.75M	160.48M	112.22M	120.25M
Cash and short term investments	4.47M	4.48M	23.62M	6.56M	16.92M	11.35M	18.62M	4.71M	5.34M	7.33M	1.83M	417.47K	12.86M	15.09M	20.30M	901.00K	17.91M
Cash & equivalents	3.04M	1.62M	20.60M	3.33M	16.92M	11.35M	18.62M	4.71M	5.34M	7.33M	1.83M	417.47K	12.86M	92.00K	20.30M	901.00K	7.79M
Short term investments	1.43M	2.86M	3.02M	3.23M	0	0	0	0	0	0	—	0	0	15.00M	0	0	10.11M
Total receivables, net	63.23M	77.60M	135.82M	108.63M	60.97M	101.42M	102.19M	93.71M	79.19M	47.42M	45.53M	72.22M	57.80M	61.03M	81.14M	58.31M	52.42M
Accounts receivable - trade, net	41.25M	59.68M	96.25M	101.18M	47.07M	92.06M	91.98M	84.79M	79.19M	45.82M	45.28M	70.07M	51.05M	54.75M	79.86M	56.63M	50.69M
Other receivables	21.99M	17.92M	39.57M	7.45M	13.90M	9.36M	10.21M	8.92M	0	1.60M	250.00K	2.15M	6.75M	6.28M	1.28M	1.68M	1.73M
Total inventory	44.48M	32.02M	43.88M	53.37M	74.93M	42.21M	40.22M	42.74M	39.74M	37.90M	37.78M	34.33M	37.39M	64.60M	45.41M	41.74M	37.44M
Other current assets, total	451.11K	328.30K	0	900.00K	530.00K	4.50M	4.06M	4.33M	545.15K	1.42M	4.63M	9.55M	10.09M	11.79M	10.83M	9.58M	10.65M
Total non-current assets	18.25M	19.18M	57.63M	93.97M	98.97M	99.29M	97.58M	98.99M	110.39M	99.94M	102.34M	105.94M	98.51M	120.85M	126.75M	122.61M	110.30M
Long term investments	116.64K	500	500	34.98M	35.76M	37.72M	32.73M	34.52M	42.46M	20.50M	20.88M	26.45M	26.18M	26.78M	23.20M	23.97M	22.44M
Note receivable - long term	—	—	—	34.98M	35.02M	36.94M	28.95M	31.52M	40.06M	17.76M	17.96M	23.76M	23.46M	24.07M	20.47M	21.24M	22.40M
Investments in unconsolidated subsidiaries	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other investments	116.64K	500	500	500	738.60K	778.58K	3.78M	3.00M	2.40M	2.74M	2.91M	2.69M	2.71M	2.71M	2.72M	2.73M	36.00K
Net property/plant/equipment	15.87M	15.98M	55.71M	57.22M	63.21M	61.51M	64.77M	63.42M	67.10M	23.97M	25.14M	22.93M	24.55M	42.93M	39.88M	36.92M	36.54M
Gross property/plant/equipment	35.01M	37.00M	78.51M	82.94M	91.80M	92.95M	97.21M	97.77M	99.40M	57.52M	60.77M	60.98M	61.64M	82.78M	83.34M	84.04M	87.51M
Deferred tax assets	—	—	—	—	—	61.18K	82.49K	267.99K	—	453.30K	1.17M	1.63M	1.75M	4.70M	17.18M	14.32M	6.61M
Net intangible assets	0	0	0	0	0	0	0	0	0	0	—	—	—	—	—	—	0
Goodwill, net	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other intangibles, net	0	0	0	0	0	0	0	0	0	0	—	—	—	—	—	—	0
Other long term assets, total	0	0	0	612.32K	0	0	0	778.08K	827.84K	55.01M	55.16M	54.93M	46.04M	46.32M	46.49M	47.41M	44.71M
Short term debt	22.86M	21.71M	23.79M	23.09M	26.19M	30.41M	27.09M	15.90M	15.05M	2.10M	5.54M	24.41M	43.12M	43.72M	58.11M	29.39M	6.44M
Current portion of LT debt and capital leases	0	0	0	413.93K	1.46M	1.31M	1.16M	118.75K	0	280.59K	304.64K	653.33K	1.68M	5.97M	8.30M	7.36M	6.30M
Short term debt excl. current portion of LT debt	22.86M	21.71M	23.79M	22.68M	24.73M	29.09M	25.92M	15.78M	15.05M	1.82M	5.23M	23.75M	41.44M	37.74M	49.81M	22.04M	145.00K
Accounts payable	—	—	109.12M	18.08M	17.97M	22.11M	24.88M	24.25M	15.82M	33.23M	28.11M	31.89M	28.49M	40.25M	58.51M	47.13M	36.14M
Income tax payable	2.05M	1.98M	3.98M	335.59K	465.49K	406.76K	1.03M	—	224.79K	614.23K	1.03M	2.06M	0	—	—	—	—
Long term debt	10.68M	9.04M	9.10M	83.13M	64.69M	57.02M	55.01M	55.38M	54.88M	1.58M	1.28M	1.55M	4.25M	23.00M	14.61M	9.27M	2.98M
Long term debt excl. lease liabilities	10.60M	9.04M	9.10M	83.13M	64.69M	57.02M	55.01M	55.38M	54.88M	1.58M	1.28M	1.55M	4.25M	23.00M	14.61M	9.27M	2.98M
Total equity	57.71M	59.45M	103.80M	104.66M	106.56M	108.96M	109.88M	103.13M	100.13M	103.58M	108.35M	111.11M	76.62M	85.34M	68.63M	71.06M	64.78M
Shareholders' equity	57.71M	59.45M	103.80M	104.66M	106.56M	108.96M	109.88M	103.13M	100.13M	103.58M	108.35M	111.11M	76.62M	85.34M	68.63M	71.06M	64.78M
Common equity, total	57.71M	59.45M	103.80M	104.66M	106.56M	108.96M	109.88M	103.13M	100.13M	103.58M	108.35M	111.11M	76.62M	85.34M	68.63M	71.06M	64.78M
Other common equity	8.71M	10.45M	14.59M	15.46M	3.74M	3.74M	3.74M	3.74M	3.74M	3.74M	4.18M	4.18M	4.18M	4.18M	4.18M	1.16M	7.68M
Total debt	33.54M	30.75M	32.89M	106.22M	90.88M	87.43M	82.10M	71.28M	69.93M	3.69M	6.81M	25.96M	47.37M	66.72M	72.72M	38.67M	9.42M
Net debt	29.07M	26.28M	9.27M	99.66M	73.96M	76.08M	63.48M	66.57M	64.60M	-3.64M	4.99M	25.54M	34.51M	51.63M	52.42M	37.77M	-8.49M
Change in accounts receivable	-3.26M	-14.81M	-57.56M	-4.93M	—	—	—	—	5.60M	32.98M	533.41K	-24.76M	19.00M	-3.00M	-25.11M	23.23M	5.95M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	—	—	—	-89.94M	—	—	—	—	-8.42M	17.41M	-5.13M	3.78M	-3.40M	11.76M	18.26M	-12.13M	-10.99M
Change in other assets/liabilities	2.13M	3.12M	80.70M	7.93M	—	—	6.86M	4.81M	4.34M	-9.21M	-5.97M	-4.19M	6.84M	1.30M	6.22M	-2.63M	-5.26M
Sale of fixed assets & businesses	269.35K	2.34M	6.50K	9.34M	175.00K	50.00K	1.76M	0	0	1.51M	5.86K	0	0	0	0	22.00K	3.47M
Purchase/sale of investments, net	0	85.11K	0	0	0	0	-3.00M	0	600.00K	-1.94M	0	218.02K	-155.69K	-15.00M	-10.00K	-5.00K	-2.31M
Sale/maturity of investments	0	85.11K	0	0	0	0	0	0	600.00K	0	—	218.02K	0	0	—	—	2.69M
Purchase of investments	0	0	0	0	0	0	-3.00M	0	0	-1.94M	0	0	-155.69K	-15.00M	-10.00K	-5.00K	-5.00M
Other investing cash flow items, total	0	438.46K	0	118.50K	-173.41K	-1.96M	7.99M	-2.57M	-2.87M	12.02M	145.03K	-916.17K	574.99K	9.59M	3.25M	-6.89M	830.00K
Issuance/retirement of debt, net	10.17M	-2.79M	2.13M	81.32M	-16.39M	-3.40M	-3.19M	-10.44M	-500.00K	-51.67M	4.49M	20.09M	21.41M	19.35M	6.00M	-34.06M	-29.25M
Issuance/retirement of long term debt	123.00K	-1.64M	57.55K	82.42M	-18.44M	-7.77M	-3.17M	-295.10K	-500.00K	-51.67M	1.08M	1.57M	3.73M	18.75M	-8.39M	-5.34M	-7.36M
Issuance/retirement of short term debt	10.05M	-1.15M	2.08M	-1.11M	2.05M	4.36M	-23.37K	-10.14M	0	0	3.41M	18.52M	17.69M	592.00K	14.39M	-28.72M	-21.89M
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total cash dividends paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other financing cash flow items, total	0	0	0	5.79K	17.20K	4.42K	-7.88K	-44.99K	-5.26K	-11.08K	14.07K	7.55K	-208.13K	0	0	0	5.15M

Particulars	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-3.27M	-3.98M	-3.57M	-4.07M	-4.32M	-4.08M	-4.11M	-3.77M	-3.11M	-2.26M	-2.54M	-2.92M	-3.89M	-4.01M	-7.21M	-6.76M	-4.15M
Pretax equity in earnings	—	—	—	—	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity in earnings	—	—	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total assets	130.88M	134.18M	261.19M	263.80M	254.33M	259.30M	263.09M	244.95M	236.55M	195.11M	194.54M	225.06M	218.04M	275.60M	287.23M	234.83M	230.54M
Total current assets	112.63M	115.00M	203.56M	169.83M	155.36M	160.01M	165.51M	145.96M	126.16M	95.17M	92.20M	119.12M	119.53M	154.75M	160.48M	112.22M	120.25M
Cash and short term investments	4.47M	4.48M	23.62M	6.56M	16.92M	11.35M	18.62M	4.71M	5.34M	7.33M	1.83M	417.47K	12.86M	15.09M	20.30M	901.00K	17.91M
Cash & equivalents	3.04M	1.62M	20.60M	3.33M	16.92M	11.35M	18.62M	4.71M	5.34M	7.33M	1.83M	417.47K	12.86M	92.00K	20.30M	901.00K	7.79M
Short term investments	1.43M	2.86M	3.02M	3.23M	0	0	0	0	0	0	—	0	0	15.00M	0	0	10.11M
Total receivables, net	63.23M	77.60M	135.82M	108.63M	60.97M	101.42M	102.19M	93.71M	79.19M	47.42M	45.53M	72.22M	57.80M	61.03M	81.14M	58.31M	52.42M
Accounts receivable - trade, net	41.25M	59.68M	96.25M	101.18M	47.07M	92.06M	91.98M	84.79M	79.19M	45.82M	45.28M	70.07M	51.05M	54.75M	79.86M	56.63M	50.69M
Other receivables	21.99M	17.92M	39.57M	7.45M	13.90M	9.36M	10.21M	8.92M	0	1.60M	250.00K	2.15M	6.75M	6.28M	1.28M	1.68M	1.73M
Total inventory	44.48M	32.02M	43.88M	53.37M	74.93M	42.21M	40.22M	42.74M	39.74M	37.90M	37.78M	34.33M	37.39M	64.60M	45.41M	41.74M	37.44M
Other current assets, total	451.11K	328.30K	0	900.00K	530.00K	4.50M	4.06M	4.33M	545.15K	1.42M	4.63M	9.55M	10.09M	11.79M	10.83M	9.58M	10.65M
Total non-current assets	18.25M	19.18M	57.63M	93.97M	98.97M	99.29M	97.58M	98.99M	110.39M	99.94M	102.34M	105.94M	98.51M	120.85M	126.75M	122.61M	110.30M
Long term investments	116.64K	500	500	34.98M	35.76M	37.72M	32.73M	34.52M	42.46M	20.50M	20.88M	26.45M	26.18M	26.78M	23.20M	23.97M	22.44M
Note receivable - long term	—	—	—	34.98M	35.02M	36.94M	28.95M	31.52M	40.06M	17.76M	17.96M	23.76M	23.46M	24.07M	20.47M	21.24M	22.40M
Investments in unconsolidated subsidiaries	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other investments	116.64K	500	500	500	738.60K	778.58K	3.78M	3.00M	2.40M	2.74M	2.91M	2.69M	2.71M	2.71M	2.72M	2.73M	36.00K
Net property/plant/equipment	15.87M	15.98M	55.71M	57.22M	63.21M	61.51M	64.77M	63.42M	67.10M	23.97M	25.14M	22.93M	24.55M	42.93M	39.88M	36.92M	36.54M
Gross property/plant/equipment	35.01M	37.00M	78.51M	82.94M	91.80M	92.95M	97.21M	97.77M	99.40M	57.52M	60.77M	60.98M	61.64M	82.78M	83.34M	84.04M	87.51M
Deferred tax assets	—	—	—	—	—	61.18K	82.49K	267.99K	—	453.30K	1.17M	1.63M	1.75M	4.70M	17.18M	14.32M	6.61M
Net intangible assets	0	0	0	0	0	0	0	0	0	0	—	—	—	—	—	—	0
Goodwill, net	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other intangibles, net	0	0	0	0	0	0	0	0	0	0	—	—	—	—	—	—	0
Other long term assets, total	0	0	0	612.32K	0	0	0	778.08K	827.84K	55.01M	55.16M	54.93M	46.04M	46.32M	46.49M	47.41M	44.71M
Short term debt	22.86M	21.71M	23.79M	23.09M	26.19M	30.41M	27.09M	15.90M	15.05M	2.10M	5.54M	24.41M	43.12M	43.72M	58.11M	29.39M	6.44M
Current portion of LT debt and capital leases	0	0	0	413.93K	1.46M	1.31M	1.16M	118.75K	0	280.59K	304.64K	653.33K	1.68M	5.97M	8.30M	7.36M	6.30M
Short term debt excl. current portion of LT debt	22.86M	21.71M	23.79M	22.68M	24.73M	29.09M	25.92M	15.78M	15.05M	1.82M	5.23M	23.75M	41.44M	37.74M	49.81M	22.04M	145.00K
Accounts payable	—	—	109.12M	18.08M	17.97M	22.11M	24.88M	24.25M	15.82M	33.23M	28.11M	31.89M	28.49M	40.25M	58.51M	47.13M	36.14M
Income tax payable	2.05M	1.98M	3.98M	335.59K	465.49K	406.76K	1.03M	—	224.79K	614.23K	1.03M	2.06M	0	—	—	—	—
Long term debt	10.68M	9.04M	9.10M	83.13M	64.69M	57.02M	55.01M	55.38M	54.88M	1.58M	1.28M	1.55M	4.25M	23.00M	14.61M	9.27M	2.98M
Long term debt excl. lease liabilities	10.60M	9.04M	9.10M	83.13M	64.69M	57.02M	55.01M	55.38M	54.88M	1.58M	1.28M	1.55M	4.25M	23.00M	14.61M	9.27M	2.98M
Total equity	57.71M	59.45M	103.80M	104.66M	106.56M	108.96M	109.88M	103.13M	100.13M	103.58M	108.35M	111.11M	76.62M	85.34M	68.63M	71.06M	64.78M
Shareholders' equity	57.71M	59.45M	103.80M	104.66M	106.56M	108.96M	109.88M	103.13M	100.13M	103.58M	108.35M	111.11M	76.62M	85.34M	68.63M	71.06M	64.78M
Common equity, total	57.71M	59.45M	103.80M	104.66M	106.56M	108.96M	109.88M	103.13M	100.13M	103.58M	108.35M	111.11M	76.62M	85.34M	68.63M	71.06M	64.78M
Other common equity	8.71M	10.45M	14.59M	15.46M	3.74M	3.74M	3.74M	3.74M	3.74M	3.74M	4.18M	4.18M	4.18M	4.18M	4.18M	1.16M	7.68M
Total debt	33.54M	30.75M	32.89M	106.22M	90.88M	87.43M	82.10M	71.28M	69.93M	3.69M	6.81M	25.96M	47.37M	66.72M	72.72M	38.67M	9.42M
Net debt	29.07M	26.28M	9.27M	99.66M	73.96M	76.08M	63.48M	66.57M	64.60M	-3.64M	4.99M	25.54M	34.51M	51.63M	52.42M	37.77M	-8.49M
Change in accounts receivable	-3.26M	-14.81M	-57.56M	-4.93M	—	—	—	—	5.60M	32.98M	533.41K	-24.76M	19.00M	-3.00M	-25.11M	23.23M	5.95M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	—	—	—	-89.94M	—	—	—	—	-8.42M	17.41M	-5.13M	3.78M	-3.40M	11.76M	18.26M	-12.13M	-10.99M
Change in other assets/liabilities	2.13M	3.12M	80.70M	7.93M	—	—	6.86M	4.81M	4.34M	-9.21M	-5.97M	-4.19M	6.84M	1.30M	6.22M	-2.63M	-5.26M
Sale of fixed assets & businesses	269.35K	2.34M	6.50K	9.34M	175.00K	50.00K	1.76M	0	0	1.51M	5.86K	0	0	0	0	22.00K	3.47M
Purchase/sale of investments, net	0	85.11K	0	0	0	0	-3.00M	0	600.00K	-1.94M	0	218.02K	-155.69K	-15.00M	-10.00K	-5.00K	-2.31M
Sale/maturity of investments	0	85.11K	0	0	0	0	0	0	600.00K	0	—	218.02K	0	0	—	—	2.69M
Purchase of investments	0	0	0	0	0	0	-3.00M	0	0	-1.94M	0	0	-155.69K	-15.00M	-10.00K	-5.00K	-5.00M
Other investing cash flow items, total	0	438.46K	0	118.50K	-173.41K	-1.96M	7.99M	-2.57M	-2.87M	12.02M	145.03K	-916.17K	574.99K	9.59M	3.25M	-6.89M	830.00K
Issuance/retirement of debt, net	10.17M	-2.79M	2.13M	81.32M	-16.39M	-3.40M	-3.19M	-10.44M	-500.00K	-51.67M	4.49M	20.09M	21.41M	19.35M	6.00M	-34.06M	-29.25M
Issuance/retirement of long term debt	123.00K	-1.64M	57.55K	82.42M	-18.44M	-7.77M	-3.17M	-295.10K	-500.00K	-51.67M	1.08M	1.57M	3.73M	18.75M	-8.39M	-5.34M	-7.36M
Issuance/retirement of short term debt	10.05M	-1.15M	2.08M	-1.11M	2.05M	4.36M	-23.37K	-10.14M	0	0	3.41M	18.52M	17.69M	592.00K	14.39M	-28.72M	-21.89M
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total cash dividends paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other financing cash flow items, total	0	0	0	5.79K	17.20K	4.42K	-7.88K	-44.99K	-5.26K	-11.08K	14.07K	7.55K	-208.13K	0	0	0	5.15M