TTK HEALTHCARE Announces Quarterly Results (1QFY20); Net Profit Down 53.8%

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?  

TTK HEALTHCARE Announces Quarterly Results (1QFY20); Net Profit Down 53.8%
Tue, 13 Aug

TTK HEALTHCARE has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

TTK HEALTHCARE Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m1,7311,3961,78627.9%3.2%
Other incomeRs m182319-18.6%1.3%
TurnoverRs m1,7501,4191,80427.2%3.1%
ExpensesRs m1,5731,2981,70131.1%8.1%
Gross profitRs m1589885-13.8%-46.5%
DepreciationRs m364135-13.2%-2.6%
InterestRs m1077-1.3%-35.2%
Profit before taxRs m1307361-16.8%-53.0%
TaxRs m5124243.6%-51.8%
Profit after taxRs m795036-26.5%-53.8%
Gross profit margin%9.17.04.7
Effective tax rate%39.232.340.2
Net profit margin%4.53.52.0
* 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 grew 3.2% on a year-on-year (YoY) basis. The expenses were up by 8.1% YoY during the same period.
  • The company's operating profit declined by 46.5% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 4.7% in 1QFY20 as against 9.1% in 1QFY19.
  • Depreciation charges declined by 2.6% and finance costs declined by 35.2% YoY, respectively.
  • Other income increased by 1.3% YoY during the quarter.
  • Net profit for the quarter declined by 53.8% YoY. Net profit margins during the quarter declined from 4.5% in 1QFY19 to 2.0% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 27.9% on a quarter-on-quarter (QoQ) basis. The expenses were up by 31.1% QoQ during the same period.
  • The company's operating profit declined by 13.8% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 4.7% in 1QFY20 as against 7.0% in 4QFY19.
  • Net profit for the quarter declined by 26.5% QoQ, while net profit margins declined from 3.5% in 4QFY19 to 2.0% in 1QFY20.

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

TTK HEALTHCARE Share Price Performance

Over the last one year,TTK HEALTHCARE share price has moved down from Rs 1,006.7 to Rs 486.8, registering a Loss of Rs 519.9 or around 51.6%.

Meanwhile, the S&P BSE HEALTHCARE Index is trading at Rs 12,713.4 (up 0.2%). Over the last one year it has moved down from 14,332.1 to 12,713.4, a gain of 1,619 points (down 11.3%).

Overall, the S&P BSE SENSEX is down 1.3% over the year.

Current Valuations

At the current price of Rs 486.8, the price to earnings (P/E) ratio of TTK HEALTHCARE stands at 18.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.5 times.

Equitymaster requests your view! Post a comment on "TTK HEALTHCARE Announces Quarterly Results (1QFY20); Net Profit Down 53.8%". Click here!

  

Related Views on News

TTK HEALTHCARE Announces Quarterly Results (3QFY20); Net Profit Down 8.3% (Quarterly Result Update)

Jan 30, 2020 | Updated on Jan 30, 2020

For the quarter ended December 2019, TTK HEALTHCARE has posted a net profit of Rs 45 m (down 8.3% YoY). Sales on the other hand came in at Rs 2 bn (up 11.2% YoY). Read on for a complete analysis of TTK HEALTHCARE's quarterly results.

TTK HEALTHCARE 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 TTK HEALTHCARE for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of TTK HEALTHCARE. Also includes updates on the valuation of TTK HEALTHCARE.

TTK HEALTHCARE Announces Quarterly Results (4QFY19); Net Profit Down 38.0% (Quarterly Result Update)

Jun 12, 2019 | Updated on Jun 12, 2019

For the quarter ended March 2019, TTK HEALTHCARE has posted a net profit of Rs 50 m (down 38.0% YoY). Sales on the other hand came in at Rs 1 bn (down 3.8% YoY). Read on for a complete analysis of TTK HEALTHCARE's quarterly results.

TTK HEALTHCARE 2017-18 Annual Report Analysis (Annual Result Update)

Mar 27, 2019 | Updated on Mar 27, 2019

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

More Views on News

Most Popular

Large Opportunities Are Coming Our Way

Aug 5, 2020

Kenneth Andrade tells us why stocks will bounce back strongly and what he's bullish on.

Is It Time to Book Profits in Gold and Silver?(Fast Profits Daily)

Aug 10, 2020

Gold and silver have delivered phenomenal returns this year. Is it time to take some money of the table?

Forget the Nifty and Sensex for the Next 1 or 2 Years and Focus on These Stocks(Profit Hunter)

Aug 6, 2020

Stocks from the essential small cap space are likely to be outperformers over the next 1 or 2 years.

3 Stocks to Ride the Big Rebound in Smallcaps(Profit Hunter)

Aug 11, 2020

The rebound ratio suggests that smallcaps are set for big gains but this time it will be limited to a few stocks. Make sure you choose wisely.

Governance: For the Country and Your Portfolio(The Honest Truth)

Aug 14, 2020

Ajit Dayal on the need of socially responsible governance.

More

Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

TTK HEALTHCARE SHARE PRICE


Aug 14, 2020 (Close)

TRACK TTK HEALTHCARE

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

MORE ON TTK HEALTHCARE

TTK HEALTHCARE - UNICHEM LAB COMPARISON

COMPARE TTK HEALTHCARE WITH

MARKET STATS