SUVEN LIFE Announces Quarterly Results (2QFY19); Net Profit Down 43.3%

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?  

SUVEN LIFE Announces Quarterly Results (2QFY19); Net Profit Down 43.3%
Wed, 21 Nov

SUVEN LIFE has announced its results for the quarter ended September 2018. Here is a detailed performance review of the same:

SUVEN LIFE Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m1,0691,917895-53.3%-16.2%
Other incomeRs m518166-19.0%28.3%
TurnoverRs m1,1201,998961-51.9%-14.2%
ExpensesRs m6191,334651-51.2%5.2%
Gross profitRs m450582244-58.1%-45.7%
DepreciationRs m5355561.0%4.1%
InterestRs m9116-44.7%-36.9%
Profit before taxRs m439598249-58.4%-43.3%
TaxRs m12120968-67.3%-43.5%
Profit after taxRs m317388180-53.6%-43.3%
Gross profit margin%42.130.427.3
Effective tax rate%27.635.027.5
Net profit margin%28.319.418.7
* 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 16.2% on a year-on-year (YoY) basis. The expenses were up by 5.2% YoY during the same period.
  • The company's operating profit declined by 45.7% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 27.3% in 2QFY19 as against 42.1% in 2QFY18.
  • Depreciation charges increased by 4.1% and finance costs declined by 36.9% YoY, respectively.
  • Other income increased by 28.3% YoY during the quarter.
  • Net profit for the quarter declined by 43.3% YoY. Net profit margins during the quarter declined from 28.3% in 2QFY18 to 18.7% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 53.3% on a quarter-on-quarter (QoQ) basis. The expenses were down by 51.2% QoQ during the same period.
  • The company's operating profit declined by 58.1% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 27.3% in 2QFY19 as against 30.4% in 1QFY18.
  • Net profit for the quarter declined by 53.6% QoQ, while net profit margins declined from 19.4% in 1QFY18 to 18.7% in 2QFY19.

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

SUVEN LIFE Share Price Performance

Over the last one year, SUVEN LIFE share price has moved up from Rs 200.5 to Rs 248.6, registering a Gain of Rs 48.1 or around 24.0%.

Meanwhile, the S&P BSE HEALTHCARE Index is trading at Rs 14,334.5 (up 0.7%). Over the last one year it has moved up from 14,017.9 to 14,334.5, a gain of 317 points (up 2.3%).

Overall, the S&P BSE SENSEX is up 5.4% over the year.

Current Valuations

At the current price of Rs 248.6, the price to earnings (P/E) ratio of SUVEN LIFE stands at 18.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.8 times.

Equitymaster requests your view! Post a comment on "SUVEN LIFE Announces Quarterly Results (2QFY19); Net Profit Down 43.3%". Click here!

  

Related Views on News

SUVEN LIFESCIENCES Announces Quarterly Results (1QFY20); Net Profit Up 47.2% (Quarterly Result Update)

Aug 28, 2019 | Updated on Aug 28, 2019

For the quarter ended June 2019, SUVEN LIFESCIENCES has posted a net profit of Rs 572 m (up 47.2% YoY). Sales on the other hand came in at Rs 2 bn (up 3.8% YoY). Read on for a complete analysis of SUVEN LIFESCIENCES's quarterly results.

SUVEN LIFESCIENCES 2018-19 Annual Report Analysis (Annual Result Update)

Jul 22, 2019 | Updated on Jul 22, 2019

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

SUVEN LIFESCIENCES Announces Quarterly Results (4QFY19); Net Profit Up 8.7% (Quarterly Result Update)

May 27, 2019 | Updated on May 27, 2019

For the quarter ended March 2019, SUVEN LIFESCIENCES has posted a net profit of Rs 680 m (up 8.7% YoY). Sales on the other hand came in at Rs 3 bn (up 18.5% YoY). Read on for a complete analysis of SUVEN LIFESCIENCES's quarterly results.

SUVEN LIFE 2017-18 Annual Report Analysis (Annual Result Update)

Aug 14, 2018 | Updated on Aug 14, 2018

Here's an analysis of the annual report of SUVEN LIFE for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of SUVEN LIFE. Also includes updates on the valuation of SUVEN LIFE.

Aster DM Healthcare (IPO)

Feb 10, 2018

Should you subscribe to the IPO of Aster DM Healthcare Ltd?

More Views on News

Most Popular

My Latest Stock Recommendation(Fast Profits Daily)

Jan 10, 2020

The story behind my latest stock recommendation and an important announcement.

Saffron Curtain = Hindutva Rate of Growth?(The Honest Truth)

Jan 8, 2020

Will the Indian economy revert to a sub-3% growth rate?

Multibaggers of the Next Decade(The 5 Minute Wrapup)

Jan 6, 2020

The one key ingredient to be seen amongst top multibaggers of the next decade

Your Safe Income Options for 2020(Fast Profits Daily)

Jan 9, 2020

What are you safest investing options in 2020 when interest rates fall.

Bet on These Smallcap Stocks for Success in 2020(Profit Hunter)

Jan 14, 2020

The smallcap rebound finally seems to here... Make sure you aren't too late to make the most of the biggest wealth making opportunity in a decade.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get our special report, Secret to Increasing Your Trading Profits Today Now!
We will never sell or rent your email id.
Please read our Terms

SUVEN LIFESCIENCES SHARE PRICE


Jan 17, 2020 (Close)

TRACK SUVEN LIFESCIENCES

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

MORE ON SUVEN LIFESCIENCES

SUVEN LIFESCIENCES - TEVA PHARMA COMPARISON

COMPARE SUVEN LIFESCIENCES WITH

MARKET STATS