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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 20.78 % in the past year, substantial increase in net sales/revenue by 12.17 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 189.91 %. Marginal decrease of -59.59% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Zydus Lifesciences Limited. Notable increase of 30.78 % in net profit Year to Year, Zydus Lifesciences Limited’s profitability increased by 18.97 % in this quarter.
- EPS over the Year and quarter: EPS increased by 31.38 % Year to Year. EPS increased by 20.7 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 5139.6 Cr | Rs. 5533.8 Cr | Rs. 6207.5 Cr | + 12.17 % | + 20.78 % |
Expenses | Rs. 3634.3 Cr | Rs. 3903.3 Cr | Rs. 4123.5 Cr | + 5.64 % | + 13.46 % |
Operating Profit | Rs. 1505.3 Cr | Rs. 1630.5 Cr | Rs. 2084 Cr | + 27.81 % | + 38.44 % |
OPM % | 29.29 % | 29.46 % | 33.57 % | + 4.11 % | + 4.28 % |
Other Income | Rs. 21.8 Cr | Rs. 156.4 Cr | Rs. 63.2 Cr | -59.59 % | + 189.91 % |
Interest | Rs. 18.1 Cr | Rs. 34.6 Cr | Rs. 32.2 Cr | -6.94 % | + 77.9 % |
Depreciation | Rs. 179.8 Cr | Rs. 205.3 Cr | Rs. 215.3 Cr | + 4.87 % | + 19.74 % |
Profit before tax | Rs. 1329.2 Cr | Rs. 1547 Cr | Rs. 1899.7 Cr | + 22.8 % | + 42.92 % |
Tax % | 16.26 % | 20.76 % | 22.96 % | + 2.2 % | + 6.7 % |
Net Profit | Rs. 1133.6 Cr | Rs. 1246.1 Cr | Rs. 1482.5 Cr | + 18.97 % | + 30.78 % |
EPS in Rs | Rs. 10.74 | Rs. 11.69 | Rs. 14.11 | + 20.7 % | + 31.38 % |
Today, we’re looking at Zydus Lifesciences Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 20.78 %. However, it did see a marginal increase of 12.17 % from the previous quarter. Expenses ticked up slightly by 5.64 % quarter-on-quarter, aligning with the annual rise of 13.46 %. Operating profit, while up 38.44 % compared to last year, faced a quarter-on-quarter increase of 27.81 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 4.28 %, but an expansion of 4.11 % sequentially. Other income fell by -59.59 % compared to the last quarter, despite an annual growth of 189.91 %. Interest expenses dropped significantly by -6.94 % from the previous quarter, yet the year-over-year increase remains at a moderate 77.9 %. Depreciation costs climbed by 4.87 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 19.74 %. Profit before tax grew annually by 42.92 % but saw an increase from the preceding quarter by 22.8 %.
Tax expenses as a percentage of profits increased slightly by 6.7 % compared to last year, with a more notable quarter-on-quarter increase of 2.2 %. Net profit rose by 30.78 % year-on-year but experienced a 18.97 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 31.38 % but a quarterly rise of 20.7 %. In summary, Zydus Lifesciences 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. 5139.6 Cr | Rs. 5533.8 Cr | Rs. 6207.5 Cr | + 12.17 % | + 20.78 % |
Expenses | Rs. 3634.3 Cr | Rs. 3903.3 Cr | Rs. 4123.5 Cr | + 5.64 % | + 13.46 % |
Operating Profit | Rs. 1505.3 Cr | Rs. 1630.5 Cr | Rs. 2084 Cr | + 27.81 % | + 38.44 % |
Net Profit | Rs. 1133.6 Cr | Rs. 1246.1 Cr | Rs. 1482.5 Cr | + 18.97 % | + 30.78 % |
EPS in Rs | Rs. 10.74 | Rs. 11.69 | Rs. 14.11 | + 20.7 % | + 31.38 % |
In reviewing Zydus Lifesciences Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 20.78 % year-on-year growth, however, there was a minor increase of 12.17 % from the previous quarter. Expenses rose by 13.46 % compared to the previous year, with a 5.64 % increase quarter-on-quarter. Operating Profit surged by 38.44 % annually, and saw a 27.81 % increase from the last quarter.
Net Profit showed yearly increase of 30.78 %, and experienced a 18.97 % increase from the previous quarter. Earnings Per Share (EPS) rose by 31.38 % annually, however rose by 20.7 % compared to the last quarter. In essence, while Zydus Lifesciences Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
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