IPCA LABS Announces Quarterly Results (2QFY19); Net Profit Up 24.1%

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?  

IPCA LABS Announces Quarterly Results (2QFY19); Net Profit Up 24.1%
Thu, 15 Nov

IPCA LABS has announced its results for the quarter ended September 2018. Here is a detailed performance review of the same:

IPCA LABS Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m8,6438,5399,97816.9%15.4%
Other incomeRs m1101361380.9%25.0%
TurnoverRs m8,7538,67610,11616.6%15.6%
ExpensesRs m7,1537,3998,25011.5%15.3%
Gross profitRs m1,4901,1401,72851.6%15.9%
DepreciationRs m441445432-3.0%-2.0%
InterestRs m644924-51.7%-62.8%
Profit before taxRs m1,0967821,41080.3%28.7%
TaxRs m13112721367.4%62.0%
Profit after taxRs m9656551,19782.8%24.1%
Gross profit margin%17.213.417.3
Effective tax rate%12.016.215.1
Net profit margin%11.07.611.8
* 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 15.4% on a year-on-year (YoY) basis. The expenses were up by 15.3% YoY during the same period.
  • The company's operating profit increased by 15.9% YoY during the quarter. Consequently, operating profit margins remained same and stood at 17.3% in 2QFY19.
  • Depreciation charges declined by 2.0% and finance costs declined by 62.8% YoY, respectively.
  • Other income increased by 25.0% YoY during the quarter.
  • Net profit for the quarter increased by 24.1% YoY. Net profit margins during the quarter increased from 11.0% in 2QFY18 to 11.8% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 16.9% on a quarter-on-quarter (QoQ) basis. The expenses were up by 11.5% QoQ during the same period.
  • The company's operating profit increased by 51.6% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 17.3% in 2QFY19 as against 13.4% in 1QFY18.
  • Net profit for the quarter increased by 82.8% QoQ, while net profit margins increased from 7.5% in 1QFY18 to 11.8% in 2QFY19.

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

IPCA LABS Share Price Performance

Over the last one year, IPCA LABS share price has moved up from Rs 526.4 to Rs 758.0, registering a Gain of Rs 231.7 or around 44.0%.

Meanwhile, the S&P BSE HEALTHCARE Index is trading at Rs 14,210.2 (down 0.1%). Over the last one year it has moved up from 13,548.3 to 14,210.2, a gain of 662 points (up 4.9%).

Overall, the S&P BSE SENSEX is up 6.8% over the year.

Current Valuations

At the current price of Rs 758.0, the price to earnings (P/E) ratio of IPCA LABS stands at 28.0 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.6 times.

Equitymaster requests your view! Post a comment on "IPCA LABS Announces Quarterly Results (2QFY19); Net Profit Up 24.1%". Click here!

  

Related Views on News

IPCA LABS Announces Quarterly Results (2QFY20); Net Profit Up 63.7% (Quarterly Result Update)

Nov 12, 2019 | Updated on Nov 12, 2019

For the quarter ended September 2019, IPCA LABS has posted a net profit of Rs 2 bn (up 63.7% YoY). Sales on the other hand came in at Rs 12 bn (up 21.5% YoY). Read on for a complete analysis of IPCA LABS's quarterly results.

IPCA LABS Announces Quarterly Results (1QFY20); Net Profit Up 101.5% (Quarterly Result Update)

Aug 27, 2019 | Updated on Aug 27, 2019

For the quarter ended June 2019, IPCA LABS has posted a net profit of Rs 1 bn (up 101.5% YoY). Sales on the other hand came in at Rs 10 bn (up 18.4% YoY). Read on for a complete analysis of IPCA LABS'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

My Latest Stock Recommendation(Fast Profits Daily)

Jan 10, 2020

The story behind my latest stock recommendation and an important announcement.

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.

Your Safe Income Options for 2020(Fast Profits Daily)

Jan 9, 2020

What are you safest investing options in 2020 when interest rates fall.

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.

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

IPCA LABS SHARE PRICE


Jan 22, 2020 (Close)

TRACK IPCA LABS

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

IPCA LABS 8-QTR ANALYSIS

COMPARE IPCA LABS WITH

MARKET STATS