POLY MEDICURE Announces Quarterly Results (1QFY22); Net Profit Up 42.0%

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?  

POLY MEDICURE Announces Quarterly Results (1QFY22); Net Profit Up 42.0%
Sat, 31 Jul

POLY MEDICURE has announced its results for the quarter ended June 2021. Here is a detailed performance review of the same:

POLY MEDICURE Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-20*
3
Mar-21*
3
Jun-21*
QoQ ChangeYoY Change
Net SalesRs m1,7042,1302,119-0.5%24.4%
Other incomeRs m356710354.0%196.4%
TurnoverRs m1,7382,1962,2221.2%27.8%
ExpensesRs m1,2451,5881,566-1.4%25.8%
Gross profitRs m4585425532.1%20.7%
DepreciationRs m1101251292.6%17.2%
InterestRs m28-183214.5%
Profit before taxRs m355501495-1.2%39.4%
TaxRs m95130126-2.9%32.1%
Profit after taxRs m260372369-0.6%42.0%
Gross profit margin%26.925.426.1
Effective tax rate%26.825.925.4
Net profit margin%15.016.916.6
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Accord Fintech, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 24.4% on a year-on-year (YoY) basis. The expenses were up by 25.8% YoY during the same period.
  • The company's operating profit increased by 20.7% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 26.1% in 1QFY22 as against 26.9% in 1QFY21.
  • Depreciation charges increased by 17.2% and finance costs increased by 14.5% YoY, respectively.
  • Other income increased by 196.4% YoY during the quarter.
  • Net profit for the quarter increased by 42.0% YoY. Net profit margins during the quarter increased from 15.0% in 1QFY21 to 16.6% in 1QFY22.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 0.5% on a quarter-on-quarter (QoQ) basis. The expenses were down by 1.4% QoQ during the same period.
  • The company's operating profit increased by 2.1% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 26.1% in 1QFY22 as against 25.4% in 4QFY21.
  • Net profit for the quarter declined by 0.6% QoQ, while net profit margins declined from 16.9% in 4QFY21 to 16.6% in 1QFY22.

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

REVEALED: "Super Smallcaps" You Didn't Know About

POLY MEDICURE Share Price Performance

Over the last one year, POLY MEDICURE share price has moved up from Rs 389.9 to Rs 982.4, registering a Gain of Rs 592.5 or around 151.9%.

Overall, the S&P BSE SENSEX is up 38.1% over the year.

Current Valuations

At the current price of Rs 982.4, the price to earnings (P/E) ratio of POLY MEDICURE stands at 65.6 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 21.7 times.

Equitymaster requests your view! Post a comment on "POLY MEDICURE Announces Quarterly Results (1QFY22); Net Profit Up 42.0%". Click here!

  

Related Views on News

Shares of Oxygen Suppliers in Focus Amid Rising Demand for Oxygen (Company Info)

Apr 20, 2021

In this article, we discuss the hype around Oxygen supplier stocks and a little known NBFC company, which has rallied 150% in less than a month.

Nazara Technologies IPO: Should You Apply? (IPO)

Mar 17, 2021

Should you bet on this gaming company backed by ace investor Rakesh Jhunjhunwala?

More Views on News

Most Popular

Sansera Engineering IPO: Key Points to Consider(Views On News)

Sep 8, 2021

This IPO is a pure OFS and the company is looking to raise Rs 12.8 bn at the upper price band of Rs 744.

5 Stocks that Turned Rs 1 Lakh into Rs 1 Crore(Views On News)

Sep 7, 2021

Patience is one of the biggest virtues you need to have if you want to become a crorepati in the stock market.

The Top Stocks to Sell in this Bull Market(Profit Hunter)

Sep 8, 2021

When I saw the list of so-called 'value stocks' published by a leading brokerage, my worst fears came true.

5 Indian Companies that are Leading the AI Race(Views On News)

Sep 9, 2021

During the pandemic, India reported the highest increase in the use of AI at 45% compared to other major economies. AI has potential to add US$90 bn to the Indian economy by 2025.

How to Create a Second Income from Trading(Profit Hunter)

Sep 10, 2021

My trading system that works in all kinds of markets.

More

Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2021
Get our special report Multibagger Stocks Guide (2021 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

POLY MEDICURE SHARE PRICE


Sep 17, 2021 (Close)

TRACK POLY MEDICURE

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

POLY MEDICURE - KRETTO SYSCON COMPARISON

COMPARE POLY MEDICURE WITH

MARKET STATS