DIVIS LABORATORIES Announces Quarterly Results (3QFY19); Net Profit Up 68.9%

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?  

DIVIS LABORATORIES Announces Quarterly Results (3QFY19); Net Profit Up 68.9%
Mon, 4 Feb

DIVIS LABORATORIES has announced its results for the quarter ended December 2018. Here is a detailed performance review of the same:

DIVIS LABORATORIES Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m10,37912,85013,4294.5%29.4%
Other incomeRs m170801346-56.8%103.2%
TurnoverRs m10,54913,65113,7750.9%30.6%
ExpensesRs m7,1177,7098,1966.3%15.2%
Gross profitRs m3,2615,1415,2331.8%60.5%
DepreciationRs m3744244250.2%13.6%
InterestRs m3225950.0%869.2%
Profit before taxRs m3,0555,5165,129-7.0%67.9%
TaxRs m8081,5391,334-13.3%65.0%
Profit after taxRs m2,2473,9773,795-4.6%68.9%
Gross profit margin%31.440.039.0
Effective tax rate%26.527.926.0
Net profit margin%21.329.127.5
* 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 29.4% on a year-on-year (YoY) basis. The expenses were up by 15.2% YoY during the same period.
  • The company's operating profit increased by 60.5% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 39.0% in 3QFY19 as against 31.4% in 3QFY18.
  • Depreciation charges increased by 13.6% and finance costs increased by 869.2% YoY, respectively.
  • Other income increased by 103.2% YoY during the quarter.
  • Net profit for the quarter increased by 68.9% YoY. Net profit margins during the quarter increased from 21.3% in 3QFY18 to 27.5% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 4.5% on a quarter-on-quarter (QoQ) basis. The expenses were up by 6.3% QoQ during the same period.
  • The company's operating profit declined by 1.8% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 39.0% in 3QFY19 as against 40.0% in 2QFY18.
  • Net profit for the quarter declined by 4.6% QoQ, while net profit margins declined from 29.1% in 2QFY18 to 27.5% in 3QFY19.

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

DIVIS LABORATORIES Share Price Performance

Over the last one year, DIVIS LABORATORIES share price has moved up from Rs 1,028.9 to Rs 1,604.2, registering a Gain of Rs 575.3 or around 55.9%.

Meanwhile, the S&P BSE HEALTHCARE Index is trading at Rs 13,838.1 (down 1.1%). Over the last one year it has moved down from 14,067.6 to 13,838.1, a gain of 229 points (down 1.6%).

Overall, the S&P BSE SENSEX is up 1.2% over the year.

Current Valuations

At the current price of Rs 1,604.2, the price to earnings (P/E) ratio of DIVIS LABORATORIES stands at 32.6 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 "DIVIS LABORATORIES Announces Quarterly Results (3QFY19); Net Profit Up 68.9%". Click here!

  

Related Views on News

DIVIS LABORATORIES Announces Quarterly Results (2QFY20); Net Profit Down 10.3% (Quarterly Result Update)

Nov 11, 2019 | Updated on Nov 11, 2019

For the quarter ended September 2019, DIVIS LABORATORIES has posted a net profit of Rs 4 bn (down 10.3% YoY). Sales on the other hand came in at Rs 14 bn (up 12.5% 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.

DIVIS LABORATORIES Announces Quarterly Results (1QFY20); Net Profit Up 0.4% (Quarterly Result Update)

Aug 13, 2019 | Updated on Aug 13, 2019

For the quarter ended June 2019, DIVIS LABORATORIES has posted a net profit of Rs 3 bn (up 0.4% YoY). Sales on the other hand came in at Rs 11 bn (up 14.5% YoY). Read on for a complete analysis of DIVIS LABORATORIES's quarterly results.

Aster DM Healthcare (IPO)

Feb 10, 2018

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

More Views on News

Most Popular

Bet on These Smallcap Stocks for Success in 2020(Profit Hunter)

Jan 14, 2020

The smallcap rebound finally seems to here... Make sure you aren't too late to make the most of the biggest wealth making opportunity in a decade.

Guess Which Stocks Are Rising at Double the Speed of Sensex(Profit Hunter)

Jan 15, 2020

These stocks can move twice as fast as the Sensex - to take advantage of their money multiplying power get in now as the rally is still just taking shape.. read more to not miss out.

For 1,000%+ Gains, Follow the 8-Year Cycle in the Stock Market(Fast Profits Daily)

Jan 17, 2020

This is how the biggest trading profits are made.

How to Buy the Best Safe Stocks in 2020(The 5 Minute Wrapup)

Jan 17, 2020

Don't fall for the safe stocks narrative going around in the stock market these days.

What the Infosys Results Tell Us About the Next Infosys(The 5 Minute Wrapup)

Jan 15, 2020

If you're interested in the next Infosys, I'll tell you where to look.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get our special report, 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


Jan 24, 2020 (Close)

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