Bonus Share

What are they ?

Who bears the cost if its free for me ?

Will the share price change after bonus issue ?

What is a record date, cum-bonus, ex-bonus ?

Effects of Bonus share

Share capital gets increased according to the bonus issue ratio.
Effective Earnings per share, Book Value and other per share
values stand reduced.
Markets take the action usually as a favourable act.
Accumulated profits get reduced.
A bonus issue is taken as a sign of the good health of the
company.

Overview of Sunpharma
Managing director: Dilip Sanghvi
SunPharma issued bonus share three times till date:
Announcement

Record Date

9th February 2000

23rd March 2000

21st April 2004

29th May 2004

28th May 2013

30th July 2013

Sales for the year 2013 have raised 2 billion dollars. While
it took 27 years to record 1 billion $ revenue, the next billion
was added in just 3 years.

Overview of Sunpharma and

Reasons for issuing bonus share
Profit rose to Rs 1,012 cr for 4th quarter ended march 2013
compared with rupees 820 cr a year earlier.
Sales increased 31.8% to Rs 3,071.49cr from 2,336cr in
previous year.
Total income from operations for the FY13 was
Rs.11299.86cr and for FY12 it was Rs. 8019.75cr
Sanghvi said he will issue bonus shares to mark the
completion of 30 years and crossing 2 billion $ revenue
milestone.

Yearly Analysis
Parameters

March 2014

March 2013

Equity share capital

103.56

207.12

Book value (Rs.)

89.44

144.75

EPS

1.45

5.00

No of shares (Cr.)

75.28

Share holding

36.5

36.5

DPS(Rs.)

1.50

5.00

Operating profit per

0.08

4.95

37.61

percentage

share (Rs.)

Quarterly Analysis
PARAMETERS

MARCH 2013

JUNE 2013

SEPTEMBER
2013

Income from

3071.49

3,482.18

4,192.05

103.56

103.56

207.12

37.61

37.61

75.28

36.32

36.32

36.35

operations
Equity share
capital
No of
shares(Cr.)
Share holding
(%)