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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 10.59 % in the past year, decrease in net sales/revenue by -5.62 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -38.86 %, Marginal decrease of -0.86% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Novartis India Limited.. Profit dropped by -13.81 % Year to Year, Novartis India Limited.’s profitability dropped by -20.68 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -13.76 % Year to Year. EPS decreased by -20.63 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 78.76 Cr | Rs. 92.29 Cr | Rs. 87.1 Cr | -5.62 % | + 10.59 % |
Expenses | Rs. 61.85 Cr | Rs. 68.33 Cr | Rs. 69.14 Cr | + 1.19 % | + 11.79 % |
Operating Profit | Rs. 16.91 Cr | Rs. 23.96 Cr | Rs. 17.96 Cr | -25.04 % | + 6.21 % |
OPM % | 21.47 % | 25.96 % | 20.62 % | -5.34 % | -0.85 % |
Other Income | Rs. 16.88 Cr | Rs. 10.41 Cr | Rs. 10.32 Cr | -0.86 % | -38.86 % |
Interest | Rs. 0.71 Cr | Rs. 0.15 Cr | Rs. 0.14 Cr | -6.67 % | -80.28 % |
Depreciation | Rs. 0.65 Cr | Rs. 0.55 Cr | Rs. 0.58 Cr | + 5.45 % | -10.77 % |
Profit before tax | Rs. 32.43 Cr | Rs. 33.67 Cr | Rs. 27.56 Cr | -18.15 % | -15.02 % |
Tax % | 26.98 % | 23.58 % | 25.94 % | + 2.36 % | -1.04 % |
Net Profit | Rs. 23.68 Cr | Rs. 25.73 Cr | Rs. 20.41 Cr | -20.68 % | -13.81 % |
EPS in Rs | Rs. 9.59 | Rs. 10.42 | Rs. 8.27 | -20.63 % | -13.76 % |
Today, we’re looking at Novartis India Limited.’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 10.59 %. However, it did see a marginal slip of -5.62 % from the previous quarter. Expenses ticked up slightly by 1.19 % quarter-on-quarter, aligning with the annual rise of 11.79 %. Operating profit, while up 6.21 % compared to last year, faced a quarter-on-quarter dip of -25.04 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.85 %, but a shrinkage of -5.34 % sequentially. Other income fell by -0.86 % compared to the last quarter, despite an annual decline of -38.86 %. Interest expenses dropped significantly by -6.67 % from the previous quarter, yet the year-over-year decrease remains at a moderate -80.28 %. Depreciation costs climbed by 5.45 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -10.77 %. Profit before tax declined annually by -15.02 % but saw a reduction from the preceding quarter by -18.15 %.
Tax expenses as a percentage of profits decreased slightly by -1.04 % compared to last year, with a more notable quarter-on-quarter increase of 2.36 %. Net profit fell by -13.81 % year-on-year but witnessed a -20.68 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -13.76 % but a quarterly fall of -20.63 %. In summary, Novartis India Limited.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 78.76 Cr | Rs. 92.29 Cr | Rs. 87.1 Cr | -5.62 % | + 10.59 % |
Expenses | Rs. 61.85 Cr | Rs. 68.33 Cr | Rs. 69.14 Cr | + 1.19 % | + 11.79 % |
Operating Profit | Rs. 16.91 Cr | Rs. 23.96 Cr | Rs. 17.96 Cr | -25.04 % | + 6.21 % |
Net Profit | Rs. 23.68 Cr | Rs. 25.73 Cr | Rs. 20.41 Cr | -20.68 % | -13.81 % |
EPS in Rs | Rs. 9.59 | Rs. 10.42 | Rs. 8.27 | -20.63 % | -13.76 % |
In reviewing Novartis India Limited.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 10.59 % year-on-year growth, although there was a slight dip of -5.62 % from the previous quarter. Expenses rose by 11.79 % compared to the previous year, with a 1.19 % increase quarter-on-quarter. Operating Profit surged by 6.21 % annually, and saw a -25.04 % decrease from the last quarter.
Net Profit showed yearly decrease of -13.81 %, and experienced a -20.68 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -13.76 % annually, however dipped by -20.63 % compared to the last quarter. In essence, while Novartis India Limited. exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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