PROCTER & GAMBLE HEALTH has announced its results for the year ended December 2018. Let us have a look at the detailed performance review of the company during FY17-18.
No. of Mths Year Ending | 12 Dec-17* | 12 Dec-18* | % Change | |
---|---|---|---|---|
Net Sales | Rs m | 6,848 | 12,881 | 88.1% |
Other income | Rs m | 837 | 7,223 | 763.2% |
Total Revenues | Rs m | 7,685 | 20,104 | 161.6% |
Gross profit | Rs m | 876 | 2,167 | 147.3% |
Depreciation | Rs m | 191 | 211 | 10.5% |
Interest | Rs m | 0 | 0 | 0.0% |
Profit before tax | Rs m | 1,522 | 9,179 | 503.1% |
Tax | Rs m | 583 | 792 | 35.9% |
Profit after tax | Rs m | 939 | 8,387 | 793.1% |
Gross profit margin | % | 12.8 | 16.8 | |
Effective tax rate | % | 38.3 | 8.6 | |
Net profit margin | % | 13.7 | 65.1 |
New Research: 2 stocks to buy as Nifty50 heads towards 40,000
No. of Mths Year Ending | 12 Dec-17* | 12 Dec-18* | % Change | |
---|---|---|---|---|
Networth | Rs m | 7,333 | 15,401 | 110.0 |
Current Liabilities | Rs m | 3,522 | 5,477 | 55.5 |
Long-term Debt | Rs m | 0 | 0 | 0.0 |
Total Liabilities | Rs m | 15,160 | 25,826 | 70.4 |
Current assets | Rs m | 8,793 | 18,892 | 114.9 |
Fixed Assets | Rs m | 6,367 | 6,935 | 8.9 |
Total Assets | Rs m | 15,160 | 25,826 | 70.4 |
Particulars | No. of months | 12 | 12 | % Change |
---|---|---|---|---|
Year Ending | Dec-17 | Dec-18 | ||
Cash Flow from Operating Activities | Rs m | 537 | -1,304 | - |
Cash Flow from Investing Activities | Rs m | -476 | 12,697 | - |
Cash Flow from Financing Activities | Rs m | -220 | -301 | - |
Net Cash Flow | Rs m | -160 | 11,092 | - |
No. of Mths Year Ending | 12 Dec-17* | 12 Dec-18* | |
---|---|---|---|
Sales per share (Unadj.) | Rs | 412.5 | 776.0 |
TTM Earnings per share | Rs | 56.6 | 505.3 |
Diluted earnings per share | Rs | 56.6 | 505.3 |
Price to Cash Flow | x | 18.9 | 4.7 |
TTM P/E ratio | x | 27.8 | 46.5 |
Price / Book Value ratio | x | 2.6 | 2.6 |
Market Cap | Rs m | 19,010 | 40,256 |
Dividends per share (Unadj.) | Rs | 15.0 | 440.0 |
Current Ratio: The company's current ratio improved and stood at 3.4x during CY18, from 2.5x during CY17. The current ratio measures the company's ability to pay short-term and long-term obligations.
Return on Equity (ROE): The ROE for the company improved and stood at 54.5% during CY18, from 12.8% during CY18. 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 59.6% during CY18, from 20.8% during CY17. 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 32.5% during CY18, from 6.2% during CY17. The ROA measures how efficiently the company uses its assets to generate earnings.
No. of Mths Year Ending | 12 Dec-17* | 12 Dec-18* | |
---|---|---|---|
Current ratio | x | 2.5 | 3.4 |
Debtors’ Days | Days | 65 | 188 |
Interest coverage | x | 0.0 | 0.0 |
Debt to equity ratio | x | 0.0 | 0.0 |
Return on assets | % | 6.2 | 32.5 |
Return on equity | % | 12.8 | 54.5 |
Return on capital employed | % | 20.8 | 59.6 |
To see how PROCTER & GAMBLE HEALTH has performed over the last 5 years, please visit here.
Over the last one year, PROCTER & GAMBLE HEALTH share price has moved up from Rs 1,041.1 to Rs 1,504.7, registering a gain of Rs 463.6 or around 44.5%.
Meanwhile, the S&P BSE HEALTHCARE Index is trading at Rs 13,157.6 (down 1.1%). Over the last one year it has moved down from 15,312.4 to 13,157.6, a loss of 2,155 points (down 14.1%).
Overall, the S&P BSE SENSEX is up 12.1% over the year.
(To know more, check out historical annual results for PROCTER & GAMBLE HEALTH and quarterly results for PROCTER & GAMBLE HEALTH)
PROCTER & GAMBLE HEALTH currently trades at Rs 4,706.5 per share. You can check out the latest share price performance of PROCTER & GAMBLE HEALTH here...
The revenues of PROCTER & GAMBLE HEALTH stood at Rs 20,104 m in CY18, which was up 161.6% compared to Rs 7,685 m reported in CY17.
PROCTER & GAMBLE HEALTH's revenue has grown from Rs 9,283 m in CY15 to Rs 20,104 m in CY18.
Over the past 4 years, the revenue of PROCTER & GAMBLE HEALTH has grown at a CAGR of 29.4%.
The net profit of PROCTER & GAMBLE HEALTH stood at Rs 8,387 m in CY18, which was up 793.1% compared to Rs 939 m reported in CY17.
This compares to a net profit of Rs 791 m in CY16 and a net profit of Rs 536 m in CY15.
Over the past 4 years, PROCTER & GAMBLE HEALTH net profit has grown at a CAGR of 150.2%.
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 PROCTER & GAMBLE HEALTH reveals:
Here's the cash flow statement of PROCTER & GAMBLE HEALTH for the past 4 years.
(Rs m) | CY15 | CY16 | CY17 | CY18 |
---|---|---|---|---|
From Operations | 835 | 1,070 | 537 | -1,304 |
From Investments | -678 | -750 | -476 | 12,697 |
From Financial Activity | -119 | -150 | -220 | -301 |
Net Cashflow | 37 | 171 | -160 | 11,092 |
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 PROCTER & GAMBLE HEALTH reveals:
Here's the ratio/financial analysis of PROCTER & GAMBLE HEALTH for the past 4 years.
CY15 | CY16 | CY17 | CY18 | |
---|---|---|---|---|
Operating Profit Margin (%) | 9.2 | 12.1 | 12.8 | 16.8 |
Net Profit Margin (%) | 5.9 | 8.3 | 13.7 | 65.1 |
Debt to Equity Ratio (x) | 0.0 | 0.0 | 0.0 | 0.0 |
Read: Latest Annual Report Analysis of PROCTER & GAMBLE HEALTH
Equitymaster requests your view! Post a comment on "PROCTER & GAMBLE HEALTH 2017-18 Annual Report Analysis". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!