NOVARTIS Announces Quarterly Results (4QFY19); Net Profit Down 26.2%

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?  

NOVARTIS Announces Quarterly Results (4QFY19); Net Profit Down 26.2%
Thu, 30 May

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

NOVARTIS Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m1,2531,3561,104-18.6%-11.9%
Other incomeRs m1,09611513417.1%-87.7%
TurnoverRs m2,3491,4711,238-15.8%-47.3%
ExpensesRs m1,4721,221905-25.9%-38.5%
Gross profitRs m-21913519947.1%
DepreciationRs m6109-4.2%42.2%
InterestRs m5100-100.0%-100.0%
Profit before taxRs m81924032435.0%-60.5%
TaxRs m55511112915.6%-76.8%
Profit after taxRs m26512919551.7%-26.2%
Gross profit margin%-17.510.018.0
Effective tax rate%67.746.439.7
Net profit margin%11.38.715.8
* 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 fell 11.9% on a year-on-year (YoY) basis. The expenses were down by 38.5% YoY during the same period.
  • The company's operating profit declined by 190.7% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 18.0% in 4QFY19 as against 17.5% in 4QFY18.
  • Depreciation charges increased by 42.2% and finance costs declined by 100.0% YoY, respectively.
  • Other income declined by 87.7% YoY during the quarter.
  • Net profit for the quarter declined by 26.2% YoY. Net profit margins during the quarter increased from 11.3% in 4QFY18 to 15.8% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 18.6% on a quarter-on-quarter (QoQ) basis. The expenses were down by 25.9% QoQ during the same period.
  • The company's operating profit increased by 47.1% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 18.0% in 4QFY19 as against 10.0% in 3QFY18.
  • Net profit for the quarter increased by 51.7% QoQ, while net profit margins increased from 8.8% in 3QFY18 to 15.8% in 4QFY19.

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

NOVARTIS Share Price Performance

Over the last one year, NOVARTIS share price has moved up from Rs 664.2 to Rs 702.3, registering a Gain of Rs 38.2 or around 5.7%.

Meanwhile, the S&P BSE HEALTHCARE Index is trading at Rs 13,339.1 (up 0.2%). Over the last one year it has moved up from 13,111.9 to 13,339.1, a gain of 227 points (up 1.7%).

Overall, the S&P BSE SENSEX is up 13.6% over the year.

Current Valuations

At the current price of Rs 702.3, the price to earnings (P/E) ratio of NOVARTIS stands at 455.1 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 32.1 times.

Equitymaster requests your view! Post a comment on "NOVARTIS Announces Quarterly Results (4QFY19); Net Profit Down 26.2%". Click here!

  

Related Views on News

NOVARTIS Announces Quarterly Results (3QFY20); Net Profit Down 39.9% (Quarterly Result Update)

Feb 17, 2020 | Updated on Feb 17, 2020

For the quarter ended December 2019, NOVARTIS has posted a net profit of Rs 77 m (down 39.9% YoY). Sales on the other hand came in at Rs 1 bn (down 13.4% YoY). Read on for a complete analysis of NOVARTIS's quarterly results.

NOVARTIS Announces Quarterly Results (1QFY20); Net Profit Down 92.1% (Quarterly Result Update)

Aug 13, 2019 | Updated on Aug 13, 2019

For the quarter ended June 2019, NOVARTIS has posted a net profit of Rs 8 m (down 92.1% YoY). Sales on the other hand came in at Rs 1 bn (down 20.8% YoY). Read on for a complete analysis of NOVARTIS's quarterly results.

More Views on News

Most Popular

How to Find the Best Stocks for Day Trading - 1(Fast Profits Daily)

Jul 2, 2020

In the first of two videos, I'll show you how to identify the best stocks for intraday trading.

Two Agri Stocks Are Likely to Outperform Even in this Market(Profit Hunter)

Jul 2, 2020

Why we have recommended two agriculture stocks for our Hidden Treasure subscribers. Read on...

A Warning for Traders: Don't Get Addicted to Hopium(Fast Profits Daily)

Jun 30, 2020

If you are a trader, you must watch out for this dangerous addiction.

Smallcaps Are in a Sweet Spot Again: Are You Buying?(Profit Hunter)

Jul 3, 2020

This is why I believe smallcaps are the place to be in the near future.

More

India's #1 Trader
Reveals His Secrets

The 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

NOVARTIS SHARE PRICE


Jul 10, 2020 (Close)

TRACK NOVARTIS

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

NOVARTIS - TEVA PHARMA COMPARISON

COMPARE NOVARTIS WITH

MARKET STATS