INDRAPRASTHA MEDICAL Announces Quarterly Results (2QFY20); Net Profit Up 133.6%

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INDRAPRASTHA MEDICAL Announces Quarterly Results (2QFY20); Net Profit Up 133.6%
Fri, 8 Nov

INDRAPRASTHA MEDICAL has announced its results for the quarter ended September 2019. Here is a detailed performance review of the same:

INDRAPRASTHA MEDICAL Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-18*
3
Jun-19*
3
Sep-19*
QoQ ChangeYoY Change
Net SalesRs m2,0022,0372,1616.1%8.0%
Other incomeRs m132-48.3%92.5%
TurnoverRs m2,0032,0402,1636.0%8.0%
ExpensesRs m1,7871,8101,9366.9%8.3%
Gross profitRs m214227226-0.5%5.2%
DepreciationRs m7681832.7%9.5%
InterestRs m171715-9.9%-11.5%
Profit before taxRs m122132129-2.3%5.5%
TaxRs m4647-50-207.6%-210.5%
Profit after taxRs m7785179110.3%133.6%
Gross profit margin%10.711.110.4
Effective tax rate%37.235.4-39.0
Net profit margin%3.84.28.3
* 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 8.0% on a year-on-year (YoY) basis. The expenses were up by 8.3% YoY during the same period.
  • The company's operating profit increased by 5.2% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 10.4% in 2QFY20 as against 10.7% in 2QFY19.
  • Depreciation charges increased by 9.5% and finance costs declined by 11.5% YoY, respectively.
  • Other income increased by 92.5% YoY during the quarter.
  • Net profit for the quarter increased by 133.6% YoY. Net profit margins during the quarter increased from 3.8% in 2QFY19 to 8.3% in 2QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 6.1% on a quarter-on-quarter (QoQ) basis. The expenses were up by 6.9% QoQ during the same period.
  • The company's operating profit declined by 0.5% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 10.4% in 2QFY20 as against 11.1% in 1QFY19.
  • Net profit for the quarter increased by 110.3% QoQ, while net profit margins increased from 4.2% in 1QFY19 to 8.3% in 2QFY20.

To see how INDRAPRASTHA MEDICAL has performed over the last eight quarters,please visit here.

Get Details: First Stock to Potentially Accumulate Rs 7 Crore Long-term Wealth

INDRAPRASTHA MEDICAL Share Price Performance

Over the last one year,INDRAPRASTHA MEDICAL share price has moved up from Rs 39.1 to Rs 40.3, registering a Gain of Rs 1.3 or around 3.2%.

Meanwhile, the S&P BSE HEALTHCARE Index is trading at Rs 13,225.9 (down 0.7%). Over the last one year it has moved down from 14,540.6 to 13,225.9, a gain of 1,315 points (down 9.0%).

Overall, the S&P BSE SENSEX is up 15.1% over the year.

Current Valuations

At the current price of Rs 40.3, the price to earnings (P/E) ratio of INDRAPRASTHA MEDICAL stands at 9.1 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.5 times.

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Feb 26, 2021 01:12 PM

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