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Sandu Pharmaceuticals Limited
Sector:Pharmaceuticals Pharmaceuticals - Formulations
BSE:524703NSE:NABloomberg:SNDP@INReuters:SAPH.BO
Market Lot: 1Face Value: 10ISIN Demat: INE751D01014
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14-Aug-2014
Business Profile
Sandu Pharmaceuticals (SANDUPHQ) is engaged mainly in the manufacture of ayurvedic medicines. It was incorporated in 1985.

The ISO 9001 certified company manufactures ayurvedic medicines in liquid and dry form. It manufactures products for therapeutic indications such as chronic arthritis, joint pains and paralysis; all types of diarrhea and dysentery; various allergic and infective skin diseases; and to correct weak memory, accelerate mental competence and encourage a sense of well being among several other products. The manufacturing plant is located at Bardez in Goa.

The company has ventured into biotechnology and has got encouraging results for the residual waste products generated after extraction out of the green herbs, roots and other residual matter. In FY07, it dispatched its first consignment and expects to generate a good market for it. The proposed Sandu Ayurvedic Spa & Wellness Center is to be launched near Calangute beach. The process to start about 25 new centers over a period of three years has been initiated. Modern technology has been installed at its R&D center to enable research and development of new products, which has a market in India and in the overseas market.

The registered office is located at Plot No 25/26/29 & 30, Pilerne Industrial Estate, Marra Bard, Bardez, Goa-403511.


Financials
The company disclosed fall of 2.39% in standalone net profit on y-o-y basis to Rs 1.10 million, while total income climbed 9.67% y-o-y basis to Rs 82.71 million for the quarter ended June 2014.

Future Plans
The company is planning to focus more on research and development in order to launch new products in the domestic as well as international market. This would help the company compete with MNCs in Indian and overseas markets.
In FY07, the company proposed to start its first Sandu Ayurvedic Spa & Wellness Center near Calangute beach, which is a very popular destination for tourists. It is in the process of starting about 25 new centers over a period of next three years. The total investment for this would be approximately Rs 40 million. The expected revenues per Sandu Ayurvedic Spa & Wellness Centre would be approx. Rs 5 million per year with a profit margin of about 20%.


In Brief

 
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