PFIZER Announces Quarterly Results (3QFY21); Net Profit Up 1.6%

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?  

PFIZER Announces Quarterly Results (3QFY21); Net Profit Up 1.6%
Wed, 10 Feb

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

PFIZER Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-19*
3
Sep-20*
3
Dec-20*
QoQ ChangeYoY Change
Net SalesRs m5,3825,9545,935-0.3%10.3%
Other incomeRs m58212214619.9%-75.0%
TurnoverRs m5,9646,0766,0810.1%2.0%
ExpensesRs m4,0473,9213,9671.2%-2.0%
Gross profitRs m1,3342,0331,968-3.2%47.5%
DepreciationRs m247277272-1.8%10.2%
InterestRs m254739-18.3%56.5%
Profit before taxRs m1,6451,8301,803-1.5%9.6%
TaxRs m254517390-24.5%53.4%
Profit after taxRs m1,3911,3141,4127.5%1.6%
Gross profit margin%24.834.133.2
Effective tax rate%15.528.221.6
Net profit margin%23.321.623.2
* 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 10.3% on a year-on-year (YoY) basis. The expenses were down by 2.0% YoY during the same period.
  • The company's operating profit increased by 47.5% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 33.2% in 3QFY21 as against 24.8% in 3QFY20.
  • Depreciation charges increased by 10.2% and finance costs increased by 56.5% YoY, respectively.
  • Other income declined by 75.0% YoY during the quarter.
  • Net profit for the quarter increased by 1.6% YoY. Net profit margins during the quarter declined from 23.3% in 3QFY20 to 23.2% in 3QFY21.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 0.3% on a quarter-on-quarter (QoQ) basis. The expenses were up by 1.2% QoQ during the same period.
  • The company's operating profit declined by 3.2% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 33.2% in 3QFY21 as against 34.1% in 2QFY20.
  • Net profit for the quarter increased by 7.5% QoQ, while net profit margins increased from 21.6% in 2QFY20 to 23.2% in 3QFY21.

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

PFIZER Share Price Performance

Over the last one year, PFIZER share price has moved up from Rs 4,292.7 to Rs 4,434.8, registering a Gain of Rs 142.1 or around 3.3%.

Meanwhile, the S&P BSE HEALTHCARE Index is trading at Rs 21,752.6 (down 0.1%). Over the last one year it has moved up from 14,241.2 to 21,752.6, a gain of 7,511 points (up 52.7%).

Overall, the S&P BSE SENSEX is up 25.0% over the year.

Current Valuations

At the current price of Rs 4,434.8, the price to earnings (P/E) ratio of PFIZER stands at 40.6 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 6.7 times.

Equitymaster requests your view! Post a comment on "PFIZER Announces Quarterly Results (3QFY21); Net Profit Up 1.6%". Click here!

  

Related Views on News

PFIZER Announces Quarterly Results (2QFY21); Net Profit Down 14.8% (Quarterly Result Update)

Nov 4, 2020 | Updated on Nov 4, 2020

For the quarter ended September 2020, PFIZER has posted a net profit of Rs 1 bn (down 14.8% YoY). Sales on the other hand came in at Rs 6 bn (up 5.0% YoY). Read on for a complete analysis of PFIZER's quarterly results.

PFIZER Announces Quarterly Results (1QFY21); Net Profit Up 10.3% (Quarterly Result Update)

Aug 26, 2020 | Updated on Aug 26, 2020

For the quarter ended June 2020, PFIZER has posted a net profit of Rs 1 bn (up 10.3% YoY). Sales on the other hand came in at Rs 5 bn (down 5.4% YoY). Read on for a complete analysis of PFIZER's quarterly results.

More Views on News

Most Popular

Is Intraday Trading For You?(Fast Profits Daily)

May 13, 2021

Do you think you have what it takes to be an intraday trader? Find out in this video.

My Secret to Find Breakthrough Stocks(Fast Profits Daily)

May 7, 2021

I've used this trading technique for many years with great success. I'm sharing it with you today.

Are the Stock Markets Deaf to Covid Agony?(Profit Hunter)

May 6, 2021

Why are markets discounting the economic impact of Covid?

The Key to Profit from India's EV Revolution(Profit Hunter)

May 7, 2021

Stocks you must consider investing in before buying your first electric vehicle.

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

PFIZER SHARE PRICE


May 17, 2021 (Close)

TRACK PFIZER

PFIZER - TEVA PHARMA COMPARISON

COMPARE PFIZER WITH

MARKET STATS