DIVIS LABORATORIES Announces Quarterly Results (1QFY21); Net Profit Up 84.1%

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?  

DIVIS LABORATORIES Announces Quarterly Results (1QFY21); Net Profit Up 84.1%
Mon, 10 Aug

DIVIS LABORATORIES has announced its results for the quarter ended June 2020. Here is a detailed performance review of the same:

DIVIS LABORATORIES Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-19*
3
Mar-20*
3
Jun-20*
QoQ ChangeYoY Change
Net SalesRs m11,39913,76217,10024.2%50.0%
Other incomeRs m316765179-76.6%-43.5%
TurnoverRs m11,71614,52817,27818.9%47.5%
ExpensesRs m7,6139,27610,1109.0%32.8%
Gross profitRs m3,7864,4866,99055.8%84.6%
DepreciationRs m43849556013.0%27.8%
InterestRs m342-55.0%-43.8%
Profit before taxRs m3,6614,7526,60739.0%80.5%
TaxRs m9888341,685101.9%70.6%
Profit after taxRs m2,6743,9184,92325.6%84.1%
Gross profit margin%33.232.640.9
Effective tax rate%27.017.625.5
Net profit margin%22.827.028.5
* 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 50.0% on a year-on-year (YoY) basis. The expenses were up by 32.8% YoY during the same period.
  • The company's operating profit increased by 84.6% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 40.9% in 1QFY21 as against 33.2% in 1QFY20.
  • Depreciation charges increased by 27.8% and finance costs declined by 43.8% YoY, respectively.
  • Other income declined by 43.5% YoY during the quarter.
  • Net profit for the quarter increased by 84.1% YoY. Net profit margins during the quarter increased from 22.8% in 1QFY20 to 28.5% in 1QFY21.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 24.2% on a quarter-on-quarter (QoQ) basis. The expenses were up by 9.0% QoQ during the same period.
  • The company's operating profit increased by 55.8% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 40.9% in 1QFY21 as against 32.6% in 4QFY20.
  • Net profit for the quarter increased by 25.6% QoQ, while net profit margins increased from 27.0% in 4QFY20 to 28.5% in 1QFY21.

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

EXPIRES at 11:59pm: Our Urgent Broadcast on India's Revival

DIVIS LABORATORIES Share Price Performance

Over the last one year,DIVIS LABORATORIES share price has moved up from Rs 1,665.5 to Rs 3,112.5, registering a Gain of Rs 1,447.0 or around 86.9%.

Meanwhile, the S&P BSE HEALTHCARE Index is trading at Rs 19,343.0 (up 3.1%). Over the last one year it has moved up from 12,693.7 to 19,343.0, a gain of 6,649 points (up 52.4%).

Overall, the S&P BSE SENSEX is up 4.5% over the year.

Current Valuations

At the current price of Rs 3,112.5, the price to earnings (P/E) ratio of DIVIS LABORATORIES stands at 51.6 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 11.9 times.

Equitymaster requests your view! Post a comment on "DIVIS LABORATORIES Announces Quarterly Results (1QFY21); Net Profit Up 84.1%". Click here!

  

Related Views on News

DIVIS LABORATORIES Announces Quarterly Results (3QFY21); Net Profit Up 27.9% (Quarterly Result Update)

Feb 10, 2021 | Updated on Feb 10, 2021

For the quarter ended December 2020, DIVIS LABORATORIES has posted a net profit of Rs 5 bn (up 27.9% YoY). Sales on the other hand came in at Rs 17 bn (up 19.1% YoY). Read on for a complete analysis of DIVIS LABORATORIES's quarterly results.

DIVIS LABORATORIES Announces Quarterly Results (4QFY20); Net Profit Up 35.4% (Quarterly Result Update)

Jun 8, 2020 | Updated on Jun 8, 2020

For the quarter ended March 2020, DIVIS LABORATORIES has posted a net profit of Rs 4 bn (up 35.4% YoY). Sales on the other hand came in at Rs 14 bn (up 9.5% YoY). Read on for a complete analysis of DIVIS LABORATORIES's quarterly results.

DIVIS LABORATORIES 2018-19 Annual Report Analysis (Annual Result Update)

Oct 10, 2019 | Updated on Oct 10, 2019

Here's an analysis of the annual report of DIVIS LABORATORIES for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of DIVIS LABORATORIES. Also includes updates on the valuation of DIVIS LABORATORIES.

More Views on News

Most Popular

Hotel Stocks Will Reward Investors(Fast Profits Daily)

Jun 8, 2021

This is why I'm bullish on the hotel and hospitality sector.

Don't Break These 5 Intraday Trading Rules(Fast Profits Daily)

Jun 1, 2021

To become a better intraday trader, follow these rules religiously.

The Most Visible Sign of India's Revival is on Two Wheels(Profit Hunter)

Jun 9, 2021

Investing in the best stocks could result in wealth compounding on a massive scale.

Rs 2 Trillion Stimulus Coming to a Stock Market Near You(Profit Hunter)

Jun 2, 2021

Get ready to profit from a massive stimulus that you've never seen before.

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

DIVIS LABORATORIES SHARE PRICE


Jun 14, 2021 11:05 AM

TRACK DIVIS LABORATORIES

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

MORE ON DIVIS LABORATORIES

DIVIS LABORATORIES 5-YR ANALYSIS

COMPARE DIVIS LABORATORIES WITH

MARKET STATS