BIOCON Announces Quarterly Results (4QFY19); Net Profit Down 53.8%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

BIOCON Announces Quarterly Results (4QFY19); Net Profit Down 53.8%
Fri, 26 Apr

BIOCON has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:

BIOCON Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m11,69515,4087,639-50.4%-34.7%
Other incomeRs m675256139-45.7%-79.4%
TurnoverRs m12,37015,6647,778-50.3%-37.1%
ExpensesRs m9,36511,6016,654-42.6%-28.9%
Gross profitRs m2,3813,865985-74.5%-58.6%
DepreciationRs m9531,167375-67.9%-60.7%
InterestRs m1691866-96.8%-96.4%
Profit before taxRs m1,9342,768743-73.2%-61.6%
TaxRs m40746138-91.8%-90.7%
Profit after taxRs m1,5272,307705-69.4%-53.8%
Gross profit margin%20.425.112.9
Effective tax rate%21.016.75.1
Net profit margin%12.314.79.1
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter fell 34.7% on a year-on-year (YoY) basis. The expenses were down by 28.9% YoY during the same period.
  • The company's operating profit declined by 58.6% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 12.9% in 4QFY19 as against 20.4% in 4QFY18.
  • Depreciation charges declined by 60.7% and finance costs declined by 96.4% YoY, respectively.
  • Other income declined by 79.4% YoY during the quarter.
  • Net profit for the quarter declined by 53.8% YoY. Net profit margins during the quarter declined from 12.3% in 4QFY18 to 9.1% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 50.4% on a quarter-on-quarter (QoQ) basis. The expenses were down by 42.6% QoQ during the same period.
  • The company's operating profit declined by 74.5% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 12.9% in 4QFY19 as against 25.1% in 3QFY18.
  • Net profit for the quarter declined by 69.4% QoQ, while net profit margins declined from 14.7% in 3QFY18 to 9.1% in 4QFY19.

To see how BIOCON has performed over the last eight quarters, please visit here.

BIOCON Share Price Performance

Over the last one year, BIOCON share price has moved up from Rs 663.3 to Rs 619.9, registering a Loss of Rs 43.4 or around 6.5%.

Meanwhile, the S&P BSE HEALTHCARE Index is trading at Rs 14,464.7 (up 0.2%). Over the last one year it has moved up from 13,930.8 to 14,464.7, a gain of 534 points (up 3.8%).

Overall, the S&P BSE SENSEX is up 13.2% over the year.

Current Valuations

At the current price of Rs 619.9, the price to earnings (P/E) ratio of BIOCON stands at 45.5 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 7.2 times.

Equitymaster requests your view! Post a comment on "BIOCON Announces Quarterly Results (4QFY19); Net Profit Down 53.8%". Click here!

  

Related Views on News

BIOCON Announces Quarterly Results (3QFY21); Net Profit Down 19.7% (Quarterly Result Update)

Jan 25, 2021 | Updated on Jan 25, 2021

For the quarter ended December 2020, BIOCON has posted a net profit of Rs 2 bn (down 19.7% YoY). Sales on the other hand came in at Rs 19 bn (up 5.9% YoY). Read on for a complete analysis of BIOCON 's quarterly results.

BIOCON Announces Quarterly Results (2QFY21); Net Profit Down 23.9% (Quarterly Result Update)

Oct 29, 2020 | Updated on Oct 29, 2020

For the quarter ended September 2020, BIOCON has posted a net profit of Rs 2 bn (down 23.9% YoY). Sales on the other hand came in at Rs 17 bn (up 11.0% YoY). Read on for a complete analysis of BIOCON 's quarterly results.

More Views on News

Most Popular

It's the Beginning of a New Bull Phase in Smallcaps(Profit Hunter)

Feb 24, 2021

Last time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.

Make Rs 5,000 Per Day Trading the Market(Fast Profits Daily)

Feb 25, 2021

In this video, I'll show you how to get started on the path to daily trading profits.

The Hidden Tesla in My Great Indian Wealth Project(Profit Hunter)

Feb 23, 2021

An Indian company founded three decades ago in a garage caught my attention...

How Much Money For Day Trading?(Fast Profits Daily)

Feb 22, 2021

In this video, I'll show you how to allocate your capital as a day trader.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

BIOCON SHARE PRICE


Mar 5, 2021 (Close)

TRACK BIOCON

BIOCON - ASTRAZENECA PHARMA COMPARISON

COMPARE BIOCON WITH

MARKET STATS