DABUR has announced its results for the year ended March 2019. Let us have a look at the detailed performance review of the company during FY18-19.
No. of Mths Year Ending | 12 Mar-18* | 12 Mar-19* | % Change | |
---|---|---|---|---|
Net Sales | Rs m | 76,954 | 84,969 | 10.4% |
Other income | Rs m | 3,052 | 2,962 | -3.0% |
Total Revenues | Rs m | 80,005 | 87,931 | 9.9% |
Gross profit | Rs m | 16,029 | 16,642 | 3.8% |
Depreciation | Rs m | 1,622 | 1,769 | 9.1% |
Interest | Rs m | 531 | 596 | 12.3% |
Profit before tax | Rs m | 16,929 | 17,239 | 1.8% |
Tax | Rs m | 3,354 | 2,786 | -16.9% |
Profit after tax | Rs m | 13,575 | 14,453 | 6.5% |
Gross profit margin | % | 20.8 | 19.6 | |
Effective tax rate | % | 19.8 | 16.2 | |
Net profit margin | % | 17.6 | 17.0 |
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No. of Mths Year Ending | 12 Mar-18* | 12 Mar-19* | % Change | |
---|---|---|---|---|
Networth | Rs m | 56,139 | 55,567 | -1.0 |
Current Liabilities | Rs m | 24,344 | 26,603 | 9.3 |
Long-term Debt | Rs m | 3,643 | 261 | -92.9 |
Total Liabilities | Rs m | 87,016 | 84,366 | -3.0 |
Current assets | Rs m | 34,398 | 35,862 | 4.3 |
Fixed Assets | Rs m | 52,619 | 48,504 | -7.8 |
Total Assets | Rs m | 87,016 | 84,366 | -3.0 |
Particulars | No. of months | 12 | 12 | % Change |
---|---|---|---|---|
Year Ending | Mar-18 | Mar-19 | ||
Cash Flow from Operating Activities | Rs m | 10,915 | 14,991 | 37.3% |
Cash Flow from Investing Activities | Rs m | -5,400 | 3,369 | - |
Cash Flow from Financing Activities | Rs m | -5,771 | -18,882 | - |
Net Cash Flow | Rs m | -265 | -515 | - |
No. of Mths Year Ending | 12 Mar-18* | 12 Mar-19* | |
---|---|---|---|
Sales per share (Unadj.) | Rs | 43.7 | 48.1 |
TTM Earnings per share | Rs | 7.7 | 8.2 |
Diluted earnings per share | Rs | 7.7 | 8.2 |
Price to Cash Flow | x | 38.0 | 44.5 |
TTM P/E ratio | x | 42.6 | 50.0 |
Price / Book Value ratio | x | 9.9 | 13.0 |
Market Cap | Rs m | 557,609 | 722,148 |
Dividends per share (Unadj.) | Rs | 7.5 | 2.8 |
Current Ratio: The company's current ratio deteriorated and stood at 1.3x during FY19, from 1.4x during FY18. The current ratio measures the company's ability to pay short-term and long-term obligations.
Interest Coverage Ratio: The company's interest coverage ratio deteriorated and stood at 29.9x during FY19, from 32.9x during FY18. The interest coverage ratio of a company states how easily a company can pay its interest expense on outstanding debt. A higher ratio is preferable.
Return on Equity (ROE): The ROE for the company improved and stood at 26.0% during FY19, from 24.2% during FY19. The ROE measures the ability of a firm to generate profits from its shareholders capital in the company.
Return on Capital Employed (ROCE): The ROCE for the company improved and stood at 31.9% during FY19, from 29.2% during FY18. The ROCE measures the ability of a firm to generate profits from its total capital (shareholder capital plus debt capital) employed in the company.
Return on Assets (ROA): The ROA of the company improved and stood at 17.8% during FY19, from 16.2% during FY18. The ROA measures how efficiently the company uses its assets to generate earnings.
No. of Mths Year Ending | 12 Mar-18* | 12 Mar-19* | |
---|---|---|---|
Current ratio | x | 1.4 | 1.3 |
Debtors’ Days | Days | 3 | 4 |
Interest coverage | x | 32.9 | 29.9 |
Debt to equity ratio | x | 0.1 | 0.0 |
Return on assets | % | 16.2 | 17.8 |
Return on equity | % | 24.2 | 26.0 |
Return on capital employed | % | 29.2 | 31.9 |
To see how DABUR has performed over the last 5 years, please visit here.
Over the last one year, DABUR share price has moved up from Rs 327.0 to Rs 409.1, registering a gain of Rs 82.1 or around 25.1%.
Meanwhile, the S&P BSE FMCG Index is trading at Rs 11,741.5 (down 0.1%). Over the last one year it has moved up from 10,290.1 to 11,741.5, a gain of 1,451 points (up 14.1%).
Overall, the S&P BSE SENSEX is up 16.3% over the year.
(To know more, check out historical annual results for DABUR and quarterly results for DABUR)
DABUR currently trades at Rs 525.0 per share. You can check out the latest share price performance of DABUR here...
The revenues of DABUR stood at Rs 87,931 m in FY19, which was up 9.9% compared to Rs 80,005 m reported in FY18.
DABUR's revenue has grown from Rs 79,061 m in FY15 to Rs 87,931 m in FY19.
Over the past 5 years, the revenue of DABUR has grown at a CAGR of 2.7%.
The net profit of DABUR stood at Rs 14,453 m in FY19, which was up 6.5% compared to Rs 13,575 m reported in FY18.
This compares to a net profit of Rs 12,801 m in FY17 and a net profit of Rs 12,539 m in FY16.
Over the past 5 years, DABUR net profit has grown at a CAGR of 7.8%.
The cash flow statement is the financial statement that presents the cash inflows and outflows of a company during a given period of time.
This statement is one of the most useful tools for judging a company's liquidity position. The ratios and parameters in this statement helps test a company's financial health.
The cash flow statement of DABUR reveals:
Here's the cash flow statement of DABUR for the past 5 years.
(Rs m) | FY15 | FY16 | FY17 | FY18 | FY19 |
---|---|---|---|---|---|
From Operations | 10,472 | 11,870 | 12,269 | 10,915 | 14,991 |
From Investments | -8,762 | -7,303 | -8,069 | -5,400 | 3,369 |
From Financial Activity | -4,168 | -3,743 | -3,390 | -5,771 | -18,882 |
Net Cashflow | -2,455 | 824 | 809 | -265 | -515 |
Be it the company's profitability, operations effectiveness or utilization of funds, ratio analysis is an important tool which helps in making investment decisions.
The ratio/financial analysis of DABUR reveals:
Here's the ratio/financial analysis of DABUR for the past 5 years.
FY15 | FY16 | FY17 | FY18 | FY19 | |
---|---|---|---|---|---|
Operating Profit Margin (%) | 17.0 | 19.7 | 20.1 | 20.8 | 19.6 |
Net Profit Margin (%) | 13.8 | 16.3 | 17.0 | 17.6 | 17.0 |
Debt to Equity Ratio (x) | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 |
Read: Latest Annual Report Analysis of DABUR
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1 Responses to "DABUR 2018-19 Annual Report Analysis"
Lokesh
Nov 28, 2020Please send the full analysis