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 (3QFY19); Net Profit Down 80.6%

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 (3QFY19); Net Profit Down 80.6%
Tue, 29 Jan

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

WOCKHARDT LTD. Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m10,05311,25710,459-7.1%4.0%
Other incomeRs m3716121-65.8%-94.4%
TurnoverRs m10,42411,31810,479-7.4%0.5%
ExpensesRs m9,58610,58310,6370.5%11.0%
Gross profitRs m467755-178-123.6%-138.2%
DepreciationRs m3804024122.6%8.6%
InterestRs m618651636-2.3%2.9%
Profit before taxRs m-160-237-1,206
TaxRs m265-10-437-264.8%
Profit after taxRs m-426-228-769
Gross profit margin%4.66.7-1.7
Effective tax rate%-165.84.036.3
Net profit margin%-4.1-2.0-7.3
* 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 4.0% on a year-on-year (YoY) basis. The expenses were up by 11.0% YoY during the same period.
  • The company's operating profit declined by 138.2% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 1.7% in 3QFY19 as against 4.6% in 3QFY18.
  • Depreciation charges increased by 8.6% and finance costs increased by 2.9% YoY, respectively.
  • Other income declined by 94.4% YoY during the quarter.
  • Net profit for the quarter declined by 80.6% YoY. Net profit margins during the quarter declined from -4.1% in 3QFY18 to -7.3% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 7.1% on a quarter-on-quarter (QoQ) basis. The expenses were up by 0.5% QoQ during the same period.
  • The company's operating profit declined by 123.6% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 1.7% in 3QFY19 as against 6.7% in 2QFY18.
  • Net profit for the quarter declined by 237.5% QoQ, while net profit margins declined from -2.0% in 2QFY18 to -7.3% in 3QFY19.

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 909.0 to Rs 446.8, registering a Loss of Rs 462.2 or around 50.8%.

Meanwhile, the S&P BSE HEALTHCARE Index is trading at Rs 13,716.2 (up 0.4%). Over the last one year it has moved down from 14,891.2 to 13,716.2, a gain of 1,175 points (down 7.9%).

Overall, the S&P BSE SENSEX is down 1.9% over the year.

Current Valuations

At the current price of Rs 446.8, the price to book value (P/BV) ratio of WOCKHARDT LTD. stands at 1.7 times.

Equitymaster requests your view! Post a comment on "WOCKHARDT LTD. Announces Quarterly Results (3QFY19); Net Profit Down 80.6%". Click here!

  

Related Views on News

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.

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.

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

3 Indian Stocks with Amazon-Like Potential(Profit Hunter)

Apr 10, 2019

We have identified 3 stocks with huge wealth building potential which meet our 'Click of a Button' criteria.

This Company is Making a Big Comeback and You Can Now Profit from Its Example(The 5 Minute Wrapup)

Apr 10, 2019

How Dell got its mojo back.

This is Why the Stock of Jubilant FoodWorks Went Up 1,160%(The 5 Minute Wrapup)

Apr 12, 2019

This critical business strategy has enabled companies to scale their operations faster.

Pocketing Massive Gains with HDFC And HDFC Bank(Profit Hunter)

Apr 12, 2019

Here's how one could have generated gains of Rs 59,250 in 10 days by trading HDFC and HDFC Bank with a capital of Rs 4 lakh.

A Simple 3-Point Investing Manifesto for You the Indian Investor(The 5 Minute Wrapup)

Apr 11, 2019

A must have checklist for every investor in the Indian stock market.

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


Apr 23, 2019 01:45 PM

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 - PLETHICO PHARMA COMPARISON

COMPARE WOCKHARDT WITH

MARKET STATS