LUPIN Announces Quarterly Results (1QFY21); Net Profit Down 64.2%

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?  

LUPIN Announces Quarterly Results (1QFY21); Net Profit Down 64.2%
Tue, 18 Aug

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

LUPIN Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-19*
3
Mar-20*
3
Jun-20*
QoQ ChangeYoY Change
Net SalesRs m44,18438,45735,279-8.3%-20.2%
Other incomeRs m7222,086433-79.3%-40.1%
TurnoverRs m44,90640,54335,711-11.9%-20.5%
ExpensesRs m35,58233,20430,398-8.5%-14.6%
Gross profitRs m8,6056,0844,881-19.8%-43.3%
DepreciationRs m3,1712,1432,1460.2%-32.3%
InterestRs m8561,074443-58.8%-48.3%
Profit before taxRs m5,3004,9542,725-45.0%-48.6%
TaxRs m2,2801,0511,64356.4%-27.9%
Profit after taxRs m3,0213,9031,081-72.3%-64.2%
Gross profit margin%19.515.813.8
Effective tax rate%43.021.260.3
Net profit margin%6.79.63.0
* 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 fell 20.2% on a year-on-year (YoY) basis. The expenses were down by 14.6% YoY during the same period.
  • The company's operating profit declined by 43.3% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 13.8% in 1QFY21 as against 19.5% in 1QFY20.
  • Depreciation charges declined by 32.3% and finance costs declined by 48.3% YoY, respectively.
  • Other income declined by 40.1% YoY during the quarter.
  • Net profit for the quarter declined by 64.2% YoY. Net profit margins during the quarter declined from 6.7% in 1QFY20 to 3.0% in 1QFY21.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 8.3% on a quarter-on-quarter (QoQ) basis. The expenses were down by 8.5% QoQ during the same period.
  • The company's operating profit declined by 19.8% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 13.8% in 1QFY21 as against 15.8% in 4QFY20.
  • Net profit for the quarter declined by 72.3% QoQ, while net profit margins declined from 9.6% in 4QFY20 to 3.0% in 1QFY21.

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

Mega Webinar on Jan 29th: Will 2021 be a boom or bust?

LUPIN Share Price Performance

Over the last one year,LUPIN share price has moved up from Rs 729.4 to Rs 985.0, registering a Gain of Rs 255.6 or around 35.0%.

Meanwhile, the S&P BSE HEALTHCARE Index is trading at Rs 19,065.0 (down 0.3%). Over the last one year it has moved up from 12,476.2 to 19,065.0, a gain of 6,589 points (up 52.8%).

Overall, the S&P BSE SENSEX is up 2.3% over the year.

Current Valuations

At the current price of Rs 985.0, the price to book value (P/BV) ratio of LUPIN stands at 3.2 times.

Equitymaster requests your view! Post a comment on "LUPIN Announces Quarterly Results (1QFY21); Net Profit Down 64.2%". Click here!

  

Related Views on News

LUPIN 2019-20 Annual Report Analysis (Annual Result Update)

Dec 7, 2020 | Updated on Dec 7, 2020

Here's an analysis of the annual report of LUPIN for 2019-20. It includes a full income statement, balance sheet and cash flow analysis of LUPIN. Also includes updates on the valuation of LUPIN.

LUPIN Announces Quarterly Results (2QFY21); Net Profit Up 271.3% (Quarterly Result Update)

Nov 6, 2020 | Updated on Nov 6, 2020

For the quarter ended September 2020, LUPIN has posted a net profit of Rs 2 bn (up 271.3% YoY). Sales on the other hand came in at Rs 38 bn (down 12.0% YoY). Read on for a complete analysis of LUPIN's quarterly results.

LUPIN Announces Quarterly Results (4QFY20); Net Profit Up 35.5% (Quarterly Result Update)

Jun 1, 2020 | Updated on Jun 1, 2020

For the quarter ended March 2020, LUPIN has posted a net profit of Rs 4 bn (up 35.5% YoY). Sales on the other hand came in at Rs 38 bn (down 12.7% YoY). Read on for a complete analysis of LUPIN's quarterly results.

LUPIN 2018-19 Annual Report Analysis (Annual Result Update)

Jul 18, 2019 | Updated on Jul 18, 2019

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

More Views on News

Most Popular

Time to Book Profits in Pharma Stocks(Fast Profits Daily)

Jan 15, 2021

In this video, I'll show you why it might be the right time to take money of the table in pharma stocks.

Smallcap Stocks: Your Best Bet for 2021 and Beyond(Profit Hunter)

Jan 15, 2021

The pandemic failed to thwart Richa's investing success formula for 2020.

Buzzing Sectors Before Budget 2021(Fast Profits Daily)

Jan 12, 2021

The budget is just a few weeks away. Which stocks can you expect to move? Find out in this video.

Here's Why Smallcaps Could Be Your Best Investment in 2021(Profit Hunter)

Jan 12, 2021

Select smallcaps hold a great potential to become the multibaggers of tomorrow. Here's how you could get in early into these stocks.

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

LUPIN SHARE PRICE


Jan 25, 2021 12:54 PM

TRACK LUPIN

COMPARE LUPIN WITH

MARKET STATS