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

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 LTD. Announces Quarterly Results (2QFY19); Net Profit Down 158.2%
Mon, 12 Nov

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

WOCKHARDT LTD. Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m10,22310,07711,25711.7%10.1%
Other incomeRs m5467461-18.0%-88.8%
TurnoverRs m10,76810,15111,31811.5%5.1%
ExpensesRs m10,01010,03310,5835.5%5.7%
Gross profitRs m213133755466.3%254.2%
DepreciationRs m3623924022.6%11.1%
InterestRs m676727651-10.4%-3.7%
Profit before taxRs m-279-911-237
TaxRs m-191-49-10
Profit after taxRs m-88-862-228
Gross profit margin%2.11.36.7
Effective tax rate%68.45.44.0
Net profit margin%-0.8-8.5-2.0
* 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 10.1% on a year-on-year (YoY) basis. The expenses were up by 5.7% YoY during the same period.
  • The company's operating profit increased by 254.2% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 6.7% in 2QFY19 as against 2.1% in 2QFY18.
  • Depreciation charges increased by 11.1% and finance costs declined by 3.7% YoY, respectively.
  • Other income declined by 88.8% YoY during the quarter.
  • Net profit for the quarter declined by 158.2% YoY. Net profit margins during the quarter declined from -0.8% in 2QFY18 to -2.0% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 11.7% on a quarter-on-quarter (QoQ) basis. The expenses were up by 5.5% QoQ during the same period.
  • The company's operating profit increased by 466.3% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 6.7% in 2QFY19 as against 1.3% in 1QFY18.
  • Net profit for the quarter increased by 73.6% QoQ, while net profit margins increased from -8.5% in 1QFY18 to -2.0% in 2QFY19.

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

WOCKHARDT LTD. Share Price Performance

Over the last one year, WOCKHARDT LTD. share price has moved up from Rs 700.6 to Rs 560.4, registering a Loss of Rs 140.3 or around 20.0%.

Meanwhile, the S&P BSE HEALTHCARE Index is trading at Rs 14,737.0 (up 0.3%). Over the last one year it has moved up from 13,858.9 to 14,737.0, a gain of 878 points (up 6.3%).

Overall, the S&P BSE SENSEX is up 5.8% over the year.

Current Valuations

At the current price of Rs 560.4, the price to book value (P/BV) ratio of WOCKHARDT LTD. stands at 2.2 times.

Equitymaster requests your view! Post a comment on "WOCKHARDT LTD. Announces Quarterly Results (2QFY19); Net Profit Down 158.2%". Click here!

  

Related Views on News

WOCKHARDT LTD. Announces Quarterly Results (1QFY19); Net Profit Down 81.4% (Quarterly Result Update)

Aug 6, 2018 | Updated on Aug 6, 2018

For the quarter ended June 2018, WOCKHARDT LTD. has posted a net profit of Rs 862 m (down 81.4% YoY). Sales on the other hand came in at Rs 10 bn (up 13.1% YoY). Read on for a complete analysis of WOCKHARDT LTD.'s quarterly results.

WOCKHARDT LTD. Announces Quarterly Results (4QFY18); Net Profit Down 13.4% (Quarterly Result Update)

Jul 20, 2018 | Updated on Jul 20, 2018

For the quarter ended March 2018, WOCKHARDT LTD. has posted a net profit of Rs 2 bn (down 13.4% YoY). Sales on the other hand came in at Rs 10 bn (up 17.9% 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?

The Power of 5 Minutes (The 5 Minute Wrapup)

Jun 16, 2017

Here's what you can expect from The 5 Minute Wrapup in the coming months and years.

More Views on News

Most Popular

Our First Bluechip Stock Recommendation in Smart Money Secrets(The 5 Minute Wrapup)

Jan 9, 2019

For the first time, we have recommended a bluechip stock in Smart Money Secrets.

3 Stocks in Super Investor Sumeet Nagar's Portfolio That You Can Buy Right Now(The 5 Minute Wrapup)

Jan 11, 2019

The reasons that make these six stocks in Sumeet Nagar's portfolio so compelling

This Trend Will Produce a Once in a Lifetime Opportunity to Buy Stocks(The 5 Minute Wrapup)

Jan 15, 2019

Unlike his habit of pouring out stock wisdom in his annual letters to shareholders, Buffett spoke of this trend only once every few decades.

My First Stock Trading Recommendation For 2019(Profit Hunter)

Jan 10, 2019

My first trading recommendation for 2019 is a bluechip auto stock. Find out everything about it right away.

A Proven Super Investor Can Lead to Great Wealth(Profit Hunter)

Jan 7, 2019

Following a super investor can certainly help build a portfolio that can create significant wealth in the long term.

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 LTD. SHARE PRICE


Jan 18, 2019 (Close)

TRACK WOCKHARDT LTD.

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

MORE ON WOCKHARDT LTD.

WOCKHARDT LTD. 5-YR ANALYSIS

COMPARE WOCKHARDT LTD. WITH

MARKET STATS