X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
WOCKHARDT Announces Quarterly Results (4QFY19); Net Profit Up 90.8%

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?  

WOCKHARDT Announces Quarterly Results (4QFY19); Net Profit Up 90.8%
Tue, 7 May

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

WOCKHARDT Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m10,18310,4599,791-6.4%-3.8%
Other incomeRs m-842154160.6%
TurnoverRs m10,09910,4799,846-6.0%-2.5%
ExpensesRs m10,24410,6379,236-13.2%-9.8%
Gross profitRs m-45-178556
DepreciationRs m38241245410.2%18.9%
InterestRs m650636635-0.1%-2.2%
Profit before taxRs m-1,160-1,206-480
TaxRs m352-437-341-196.8%
Profit after taxRs m-1,513-769-139
Gross profit margin%-0.4-1.75.7
Effective tax rate%-30.436.371.0
Net profit margin%-15.0-7.3-1.4
* 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 3.8% on a year-on-year (YoY) basis. The expenses were down by 9.8% YoY during the same period.
  • The company's operating profit declined by 1348.5% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 5.7% in 4QFY19 as against 0.4% in 4QFY18.
  • Depreciation charges increased by 18.9% and finance costs declined by 2.2% YoY, respectively.
  • Other income declined by 164.4% YoY during the quarter.
  • Net profit for the quarter increased by 90.8% YoY. Net profit margins during the quarter increased from -15.0% in 4QFY18 to -1.4% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 6.4% on a quarter-on-quarter (QoQ) basis. The expenses were down by 13.2% QoQ during the same period.
  • The company's operating profit increased by 411.4% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 5.7% in 4QFY19 as against 1.7% in 3QFY18.
  • Net profit for the quarter increased by 81.9% QoQ, while net profit margins increased from -7.3% in 3QFY18 to -1.4% in 4QFY19.

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 up from Rs 740.1 to Rs 405.1, registering a Loss of Rs 335.0 or around 45.3%.

Meanwhile, the S&P BSE HEALTHCARE Index is trading at Rs 14,122.9 (up 0.2%). Over the last one year it has moved up from 13,771.4 to 14,122.9, a gain of 351 points (up 2.6%).

Overall, the S&P BSE SENSEX is up 9.8% over the year.

Current Valuations

At the current price of Rs 405.1, the price to book value (P/BV) ratio of WOCKHARDT stands at 1.6 times.

Equitymaster requests your view! Post a comment on "WOCKHARDT Announces Quarterly Results (4QFY19); Net Profit Up 90.8%". Click here!

  

Related Views on News

WOCKHARDT LTD. Announces Quarterly Results (3QFY19); Net Profit Down 80.6% (Quarterly Result Update)

Jan 29, 2019 | Updated on Jan 29, 2019

For the quarter ended December 2018, WOCKHARDT LTD. has posted a net profit of Rs 769 m (down 80.6% YoY). Sales on the other hand came in at Rs 10 bn (up 4.0% YoY). Read on for a complete analysis of WOCKHARDT LTD.'s quarterly results.

WOCKHARDT LTD. Announces Quarterly Results (2QFY19); Net Profit Down 158.2% (Quarterly Result Update)

Nov 12, 2018 | Updated on Nov 12, 2018

For the quarter ended September 2018, WOCKHARDT LTD. has posted a net profit of Rs 228 m (down 158.2% YoY). Sales on the other hand came in at Rs 11 bn (up 10.1% YoY). Read on for a complete analysis of WOCKHARDT LTD.'s quarterly results.

Aster DM Healthcare (IPO)

Feb 10, 2018

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

Shalby Ltd. (IPO)

Dec 2, 2017

Should you subscribe to the IPO of Shalby Ltd?

More Views on News

Most Popular

7 Stocks That Will Remain Evergreen in this Era of Technological Disruption(The 5 Minute Wrapup)

Jun 13, 2019

We are living in an era of disruption. Are your stocks well equipped to adapt to changes that disruption will bring along?

The Great Indian NBFC Bubble Has Burst but I Will Still Recommend These Safe NBFCs(The 5 Minute Wrapup)

Jun 11, 2019

One chart that predicted the NBFC crisis back in 2016.

Just One Stock Made Buffett Billions - And Can Make You Crores(Profit Hunter)

Jun 6, 2019

Coca Cola is arguably one of Warren Buffet's best stock picks. But did you know that small investors picked up the stock five decades before Buffet? Read on...

Kenneth Andrade Would Like Our Real Estate Stock Recommendation with Triple Digit Upside(The 5 Minute Wrapup)

Jun 12, 2019

This real estate stock recommended in Smart Money Secrets offers the most favourable upside potential.

Why Modi 2.0 Will Be Great for These 7 Stocks(Profit Hunter)

Jun 10, 2019

The government's focus on Infra, electricity, water for all will be the key factors for Sensex 1,00,000.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

WOCKHARDT SHARE PRICE


Jun 17, 2019 (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 - ACTAVIS COMPARISON

COMPARE WOCKHARDT WITH

MARKET STATS