Hoechst Marion Roussel Ltd has posted a net profit of Rs 211m for the quarter ended March 31, 2001, as compared to Rs 132 m for the corresponding period last fiscal. Net sales increased by 10.8% to Rs 1,178 m in the quarter ended March 31, 2001.Profit Before Tax zoomed up 69.4%.
Operating Profit (EBDIT)
Operating Profit Margin (%)
Profit before Tax
Profit after Tax/(Loss)
Net profit margin (%)
No. of Shares (eoy) (m)
Diluted Earnings per share*
P/E (at current price)
While domestic net sales grew by 14.6% over the same quarter last year, exports registered a growth of 18%. The growth was on the back of strong performance of its brands led by Cardace (96 per cent), Allegra (61 per cent) and Amaryl (66 per cent). Other leading brands such as Rabipur and Daonil continued to grow well and remained market leaders.
Besides, growth of strategic brands and product mix operating margins grew as a result of better allocation of marketing spend and rationalising of staff cost which declined by 15% over the same period last year. Manufacturing and supply chain efficiencies have also contributed significantly to the earnings growth.
At the current market price of Rs 430, the stock is trading at 26 times its expected earnings for FY2001 (excl. extraordinary items)
LEGAL DISCLAIMER: Equitymaster Agora Research Private Limited (hereinafter referred as 'Equitymaster') is an independent equity research Company. Equitymaster is not an Investment Adviser. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. This is not directed for access or use by anyone in a country, especially, USA or Canada, where such use or access is unlawful or which may subject Equitymaster or its affiliates to any registration or licensing requirement. All content and information is provided on an 'As Is' basis by Equitymaster. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Equitymaster may hold shares in the company/ies discussed herein. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.
SEBI (Research Analysts) Regulations 2014, Registration No. INH000000537.
Equitymaster Agora Research Private Limited. 103, Regent Chambers, Above Status Restaurant, Nariman Point, Mumbai - 400 021. India. Telephone: +91-22-61434055. Fax: +91-22-22028550. Email: email@example.com. Website: www.equitymaster.com. CIN:U74999MH2007PTC175407