WOCKHARDT Announces Quarterly Results (1QFY20); Net Profit Up 57.2%

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?  

WOCKHARDT Announces Quarterly Results (1QFY20); Net Profit Up 57.2%
Wed, 28 Aug

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

WOCKHARDT Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m10,0779,7918,631-11.8%-14.3%
Other incomeRs m74548149.1%8.7%
TurnoverRs m10,1519,8468,712-11.5%-14.2%
ExpensesRs m10,0339,2368,232-10.9%-17.9%
Gross profitRs m133556399-28.2%199.4%
DepreciationRs m39245455021.0%40.3%
InterestRs m72763570911.6%-2.4%
Profit before taxRs m-911-480-779
TaxRs m-49-341-410
Profit after taxRs m-862-139-369
Gross profit margin%1.35.74.6
Effective tax rate%5.471.052.6
Net profit margin%-8.5-1.4-4.2
* 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 fell 14.3% on a year-on-year (YoY) basis. The expenses were down by 17.9% YoY during the same period.
  • The company's operating profit increased by 199.4% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 4.6% in 1QFY20 as against 1.3% in 1QFY19.
  • Depreciation charges increased by 40.3% and finance costs declined by 2.4% YoY, respectively.
  • Other income increased by 8.7% YoY during the quarter.
  • Net profit for the quarter increased by 57.2% YoY. Net profit margins during the quarter increased from -8.5% in 1QFY19 to -4.2% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 11.8% on a quarter-on-quarter (QoQ) basis. The expenses were down by 10.9% QoQ during the same period.
  • The company's operating profit declined by 28.2% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 4.6% in 1QFY20 as against 5.7% in 4QFY19.
  • Net profit for the quarter declined by 165.3% QoQ, while net profit margins declined from -1.4% in 4QFY19 to -4.2% in 1QFY20.

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

WOCKHARDT Share Price Performance

Over the last one year,WOCKHARDT share price has moved down from Rs 640.4 to Rs 256.0, registering a Loss of Rs 384.4 or around 60.0%.

Meanwhile, the S&P BSE HEALTHCARE Index is trading at Rs 12,548.7 (down 0.1%). Over the last one year it has moved down from 15,533.1 to 12,548.7, a gain of 2,984 points (down 19.2%).

Overall, the S&P BSE SENSEX is down 3.2% over the year.

Current Valuations

At the current price of Rs 256.0, the price to book value (P/BV) ratio of WOCKHARDT stands at 1.0 times.

Equitymaster requests your view! Post a comment on "WOCKHARDT Announces Quarterly Results (1QFY20); Net Profit Up 57.2%". Click here!

  

Related Views on News

WOCKHARDT Announces Quarterly Results (3QFY20); Net Profit Up 125.0% (Quarterly Result Update)

Jan 28, 2020 | Updated on Jan 28, 2020

For the quarter ended December 2019, WOCKHARDT has posted a net profit of Rs 192 m (up 125.0% YoY). Sales on the other hand came in at Rs 9 bn (down 16.9% YoY). Read on for a complete analysis of WOCKHARDT's quarterly results.

WOCKHARDT Announces Quarterly Results (4QFY19); Net Profit Up 90.8% (Quarterly Result Update)

May 7, 2019 | Updated on May 7, 2019

For the quarter ended March 2019, WOCKHARDT has posted a net profit of Rs 139 m (up 90.8% YoY). Sales on the other hand came in at Rs 10 bn (down 3.8% YoY). Read on for a complete analysis of WOCKHARDT's quarterly results.

More Views on News

Most Popular

Why the Stock of HDFC Bank Deserves a Closer Look than Before...(Profit Hunter)

Jul 22, 2020

HDFC Bank's results point to a gaping hole in Indian financial sector. Possibly even a global contagion.

My Best Trading Ideas When Interest Rates Are So Low(Fast Profits Daily)

Jul 23, 2020

India's interest rates are lower than the inflation rate. Here are the best trades for this situation.

The Smallcap Stock that Made Me Change My Asset Allocation Rule(Profit Hunter)

Jul 21, 2020

I believe this smallcap niche leader could deliver a non-linear payoff.

Gold or Silver: Which One Should You Buy Now?(Fast Profits Daily)

Jul 24, 2020

Silver and gold are both vying for your attention. Which is the better trade today?

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

WOCKHARDT SHARE PRICE


Aug 3, 2020 (Close)

TRACK WOCKHARDT

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

WOCKHARDT - TEVA PHARMA COMPARISON

COMPARE WOCKHARDT WITH

MARKET STATS