CADILA HEALTHCARE Announces Quarterly Results (1QFY20); Net Profit Down 28.9%

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?  

CADILA HEALTHCARE Announces Quarterly Results (1QFY20); Net Profit Down 28.9%
Tue, 13 Aug

CADILA HEALTHCARE has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

CADILA HEALTHCARE Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m28,93737,32834,963-6.3%20.8%
Other incomeRs m1,013384226-41.1%-77.7%
TurnoverRs m29,95037,71235,189-6.7%17.5%
ExpensesRs m22,48729,32428,643-2.3%27.4%
Gross profitRs m6,3838,0046,320-21.0%-1.0%
DepreciationRs m1,4181,5561,71610.3%21.0%
InterestRs m35077389115.3%154.6%
Profit before taxRs m5,6286,0593,939-35.0%-30.0%
TaxRs m1,2031,267791-37.6%-34.2%
Profit after taxRs m4,4254,7923,148-34.3%-28.9%
Gross profit margin%22.121.418.1
Effective tax rate%21.420.920.1
Net profit margin%14.812.78.9
* 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 grew 20.8% on a year-on-year (YoY) basis. The expenses were up by 27.4% YoY during the same period.
  • The company's operating profit declined by 1.0% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 18.1% in 1QFY20 as against 22.1% in 1QFY19.
  • Depreciation charges increased by 21.0% and finance costs increased by 154.6% YoY, respectively.
  • Other income declined by 77.7% YoY during the quarter.
  • Net profit for the quarter declined by 28.9% YoY. Net profit margins during the quarter declined from 14.8% in 1QFY19 to 8.9% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 6.3% on a quarter-on-quarter (QoQ) basis. The expenses were down by 2.3% QoQ during the same period.
  • The company's operating profit declined by 21.0% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 18.1% in 1QFY20 as against 21.4% in 4QFY19.
  • Net profit for the quarter declined by 34.3% QoQ, while net profit margins declined from 12.7% in 4QFY19 to 8.9% in 1QFY20.

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

CADILA HEALTHCARE Share Price Performance

Over the last one year,CADILA HEALTHCARE share price has moved down from Rs 354.6 to Rs 225.3, registering a Loss of Rs 129.3 or around 36.5%.

Meanwhile, the S&P BSE HEALTHCARE Index is trading at Rs 12,744.3 (up 0.4%). Over the last one year it has moved down from 14,332.1 to 12,744.3, a gain of 1,588 points (down 11.1%).

Overall, the S&P BSE SENSEX is down 1.3% over the year.

Current Valuations

At the current price of Rs 225.3, the price to earnings (P/E) ratio of CADILA HEALTHCARE stands at 13.5 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.6 times.

Equitymaster requests your view! Post a comment on "CADILA HEALTHCARE Announces Quarterly Results (1QFY20); Net Profit Down 28.9%". Click here!

  

Related Views on News

CADILA HEALTHCARE Announces Quarterly Results (4QFY19); Net Profit Down 21.0% (Quarterly Result Update)

May 30, 2019 | Updated on May 30, 2019

For the quarter ended March 2019, CADILA HEALTHCARE has posted a net profit of Rs 5 bn (down 21.0% YoY). Sales on the other hand came in at Rs 37 bn (up 14.8% YoY). Read on for a complete analysis of CADILA HEALTHCARE's quarterly results.

CADILA HEALTHCARE Announces Quarterly Results (3QFY19); Net Profit Down 3.7% (Quarterly Result Update)

Feb 12, 2019 | Updated on Feb 12, 2019

For the quarter ended December 2018, CADILA HEALTHCARE has posted a net profit of Rs 5 bn (down 3.7% YoY). Sales on the other hand came in at Rs 36 bn (up 9.8% YoY). Read on for a complete analysis of CADILA HEALTHCARE's quarterly results.

CADILA HEALTHCARE 2017-18 Annual Report Analysis (Annual Result Update)

Aug 16, 2018 | Updated on Aug 16, 2018

Here's an analysis of the annual report of CADILA HEALTHCARE for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of CADILA HEALTHCARE. Also includes updates on the valuation of CADILA HEALTHCARE.

Aster DM Healthcare (IPO)

Feb 10, 2018

Should you subscribe to the IPO of Aster DM Healthcare Ltd?

Shalby Ltd. (IPO)

Dec 2, 2017

Should you subscribe to the IPO of Shalby Ltd?

More Views on News

Most Popular

Buy these 7 Stocks if You Believe in India(The 5 Minute Wrapup)

Sep 12, 2019

News headlines predict gloom and doom for India these days. You should ignore them.

A Rare Opportunity to Buy the Top 5 Stocks in the Market(The 5 Minute Wrapup)

Sep 16, 2019

The stock market today is throwing up a great opportunity to pile on quality stocks.

A Recession Proof Stock You Can Bet On(Profit Hunter)

Sep 10, 2019

Usually, the typical horizon period for my smallcap recommendations is 3 to 5 years. But if you ask me, this could be one business that you could own and pass on to future generations.

This Company Will Do Well Despite the Slowdown(The 5 Minute Wrapup)

Sep 11, 2019

How financial inclusion provides a big runway for this stock recommendation.

The 5 Best Trading Opportunities I've Spotted(Profit Hunter)

Sep 13, 2019

These 10 auto stocks should be in your watchlist for the next 32 months. Paste them on your workstation NOW.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2020
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

CADILA HEALTHCARE SHARE PRICE


Sep 20, 2019 (Close)

TRACK CADILA HEALTHCARE

  • Track your investment in CADILA HEALTHCARE with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

MORE ON CADILA HEALTHCARE

CADILA HEALTHCARE - AUROBINDO PHARMA COMPARISON

COMPARE CADILA HEALTHCARE WITH

MARKET STATS