X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
DIVIS LABORATORIES Announces Quarterly Results (4QFY19); Net Profit Up 10.6%

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 (4QFY19); Net Profit Up 10.6%
Mon, 27 May

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

DIVIS LABORATORIES Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m10,88013,42912,564-6.4%15.5%
Other incomeRs m48234641720.7%-13.4%
TurnoverRs m11,36113,77512,982-5.8%14.3%
ExpensesRs m7,0158,1968,4533.1%20.5%
Gross profitRs m3,8655,2334,111-21.4%6.4%
DepreciationRs m388425423-0.3%9.2%
InterestRs m-2251-96.0%
Profit before taxRs m3,9615,1294,104-20.0%3.6%
TaxRs m1,3451,3341,210-9.3%-10.0%
Profit after taxRs m2,6163,7952,894-23.8%10.6%
Gross profit margin%35.539.032.7
Effective tax rate%33.926.029.5
Net profit margin%23.027.522.3
* 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 15.5% on a year-on-year (YoY) basis. The expenses were up by 20.5% YoY during the same period.
  • The company's operating profit increased by 6.4% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 32.7% in 4QFY19 as against 35.5% in 4QFY18.
  • Depreciation charges increased by 9.2% and finance costs declined by 158.8% YoY, respectively.
  • Other income declined by 13.4% YoY during the quarter.
  • Net profit for the quarter increased by 10.6% YoY. Net profit margins during the quarter declined from 23.0% in 4QFY18 to 22.3% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 6.4% on a quarter-on-quarter (QoQ) basis. The expenses were up by 3.1% QoQ during the same period.
  • The company's operating profit declined by 21.4% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 32.7% in 4QFY19 as against 39.0% in 3QFY18.
  • Net profit for the quarter declined by 23.8% QoQ, while net profit margins declined from 27.5% in 3QFY18 to 22.3% in 4QFY19.

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 1,145.7 to Rs 1,626.0, registering a Gain of Rs 480.3 or around 41.9%.

Meanwhile, the S&P BSE HEALTHCARE Index is trading at Rs 13,383.1 (down 0.1%). Over the last one year it has moved up from 13,044.2 to 13,383.1, a gain of 339 points (up 2.6%).

Overall, the S&P BSE SENSEX is up 14.2% over the year.

Current Valuations

At the current price of Rs 1,626.0, the price to earnings (P/E) ratio of DIVIS LABORATORIES stands at 32.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 7.3 times.

Equitymaster requests your view! Post a comment on "DIVIS LABORATORIES Announces Quarterly Results (4QFY19); Net Profit Up 10.6%". Click here!

  

Related Views on News

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.

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

Feb 4, 2019 | Updated on Feb 4, 2019

For the quarter ended December 2018, DIVIS LABORATORIES has posted a net profit of Rs 4 bn (up 68.9% YoY). Sales on the other hand came in at Rs 13 bn (up 29.4% YoY). Read on for a complete analysis of DIVIS LABORATORIES's quarterly results.

DIVIS LABORATORIES 2017-18 Annual Report Analysis (Annual Result Update)

Jan 1, 2019 | Updated on Jan 1, 2019

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

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

7 Stocks to Buy in Today's Difficult Market(The 5 Minute Wrapup)

Aug 5, 2019

Credit growth is likely to accelerate in India in the next decade. Here's how you can benefit from this megatrend.

The Perfect Stock in the Rebirth of India(The 5 Minute Wrapup)

Aug 8, 2019

This debt-free, well-managed company is all set to soar.

My Top 3 Dividend Millionaire Stocks(Profit Hunter)

Aug 7, 2019

As markets continue to rattle amid earning season, upcoming elections, volatile crude price and US China trade war, it's a great idea to add some stability to your portfolio by adding dividend stocks.

This 60-Year Old Smallcap Company Could Be Our Next Recommendation(The 5 Minute Wrapup)

Aug 12, 2019

My experience at the recent AGM of this smallcap company which has financials of any FMCG major.

Qatar is Rearing Cows...this is Good News for India

Aug 9, 2019

Qatar has turned around after the Saudi embargo. This is good news for India.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

DIVIS LABORATORIES SHARE PRICE


Aug 16, 2019 (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 - ADCOCK INGRAM COMPARISON

COMPARE DIVIS LABORATORIES WITH

MARKET STATS