Hikal profit decreased 13.72% in (Q4) FY 2019-20

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Team Infinities:

Hikal Limited NSE Symbol:HIKAL, BSE Security Code:524735 has declared its 4th(fourth) quarter audited Consolidated financial report from the month of January, 2020 to the month of March, 2020; for the fiscal year 2019-20.

Revenue Reported by Hikal Limited for Fourth Quarter FY, 2019-20
Current Quarter (January, 2020 - March, 2020) Previous Quarter (October, 2019 - December, 2019) Corresponding Quarter (January, 2019 - March, 2019) 12 Months Ended (April, 2019 - March, 2020) Corresponding 12 Months Ended (April, 2018 - March, 2019)
380.72 404.53 457.55 1510.96 1591.87
Calculated Revenue of Hikal Limited for Fourth Quarter FY, 2019-20
Current(March, 2020) VS Previous(December, 2019) Current(March, 2020) VS Corresponding(March, 2019) 12 months Ended(April, 2019 - March, 2020) VS Corresponding 12 months Ended(April, 2018 - March, 2019)
Change Change % Change Change % Change Change %
23.81 5.89%(Revenue Decrease) 76.83 16.79%(Revenue Decrease) 80.91 5.08%(Revenue Decrease)

Revenue: Hikal Limited's financial report shows that the company's revenue decreased by 5.89% in QoQ(Quarter on Quarter) / current quarter(January, 2020 - March, 2020) for revenue decrease of Rs.23.81 crores, as the company posted revenue of Rs.380.72 crores; in compare to previous quarter(October, 2019 - December, 2019) when the company reported revenue of Rs.404.53 crores.
The result also shows that the company's revenue decreased by 16.79% in YoY(Year over Year) / in current quarter(January, 2020 - March, 2020) for revenue decrease of Rs.76.83 crores; in compare to corresponding quarter(January, 2019 - March, 2019) when the company posted revenue of Rs.457.55 crores.
The company also reported that its revenue decreased by 5.08% in 12 months end(April, 2019 - March, 2020) for revenue decrease of Rs.80.91 crores, since the company reported revenue of Rs.1510.96 crores; in compare to corresponding 12 months end(April, 2018 - March. 2019) when the company posted revenue of Rs.1591.87 crores.

Gross Margin(%) Reported by Hikal Limited for Fourth Quarter FY, 2019-20
Current Quarter (January, 2020 - March, 2020) Previous Quarter (October, 2019 - December, 2019) Corresponding Quarter (January, 2019 - March, 2019) 12 Months Ended (April, 2019 - March, 2020) Corresponding 12 Months Ended (April, 2018 - March, 2019)
53.38 54.97 40.77 47.75 44.40
Calculated Gross Margin(%) of Hikal Limited for Fourth Quarter FY, 2019-20
Current(March, 2020) VS Previous(December, 2019) Current(March, 2020) VS Corresponding(March, 2019) 12 months Ended(April, 2019 - March, 2020) VS Corresponding 12 months Ended(April, 2018 - March, 2019)
Change Change % Change Change % Change Change %
1.59 2.89%(GM Decrease) 12.61 30.93%(GM Increase) 3.35 7.55%(GM Increase)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM decreased by 2.89% in QoQ(Quarter on Quarter) / current quarter(January, 2020 - March, 2020) for 1.59% GM decrease, as the company reported 53.38% GM; in compare to previous quarter(October, 2019 - December, 2019) when the company reported 54.97% GM.
The result also indicates, the company's GM increased by 30.93% in YoY(Year over Year) / in current quarter(January, 2020 - March, 2020) for 12.61% GM increase; in compare to corresponding quarter(January, 2019 - March, 2019) when the company reported 40.77% GM.
The company also reported that its GM increased by 7.55% in 12 months end(April, 2019 - March, 2020) for 3.35% GM increase, since the company reported 47.75% GM; in compare to corresponding 12 months end(April, 2018 - March. 2019) when the company reported 44.40% GM.

EBITDA Reported by Hikal Limited for Fourth Quarter FY, 2019-20
Current Quarter (January, 2020 - March, 2020) Previous Quarter (October, 2019 - December, 2019) Corresponding Quarter (January, 2019 - March, 2019) 12 Months Ended (April, 2019 - March, 2020) Corresponding 12 Months Ended (April, 2018 - March, 2019)
72.36 76.12 84.03 261.45 300.38
Calculated EBITDA of Hikal Limited for Fourth Quarter FY, 2019-20
Current(March, 2020) VS Previous(December, 2019) Current(March, 2020) VS Corresponding(March, 2019) 12 months Ended(April, 2019 - March, 2020) VS Corresponding 12 months Ended(April, 2018 - March, 2019)
Change Change % Change Change % Change Change %
3.76 4.94%(EBITDA Decrease) 11.67 13.89%(EBITDA Decrease) 38.93 12.96%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA decreased by 4.94% in QoQ(Quarter on Quarter) / current quarter(January, 2020 - March, 2020) for EBITDA decrease of Rs.3.76 crores, as the company posted EBITDA of Rs.72.36 crores; in compare to previous quarter(October, 2019 - December, 2019) when the company reported EBITDA of Rs.76.12 crores.
The result also shows that the company's EBITDA decreased by 13.89% in YoY(Year over Year) / in current quarter(January, 2020 - March, 2020) for EBITDA decrease of Rs.11.67 crores; in compare to corresponding quarter(January, 2019 - March, 2019) when the company posted EBITDA of Rs.84.03 crores.
The company also reported that its EBITDA decreased by 12.96% in 12 months end(April, 2019 - March, 2020) for EBITDA decrease of Rs.38.93 crores, since the company reported EBITDA of Rs.261.45 crores; in compare to corresponding 12 months end(April, 2018 - March. 2019) when the company posted EBITDA of Rs.300.38 crores.

Profit and Loss Reported by Hikal Limited for Fourth Quarter FY, 2019-20
Current Quarter (January, 2020 - March, 2020) Previous Quarter (October, 2019 - December, 2019) Corresponding Quarter (January, 2019 - March, 2019) 12 Months Ended (April, 2019 - March, 2020) Corresponding 12 Months Ended (April, 2018 - March, 2019)
24.47(Profit ) 28.36(Profit ) 33.34(Profit ) 84.43(Profit ) 103.06(Profit )
Calculated Profit and Loss of Hikal Limited for Fourth Quarter FY, 2019-20
Current(March, 2020) VS Previous(December, 2019) Current(March, 2020) VS Corresponding(March, 2019) 12 months Ended(April, 2019 - March, 2020) VS Corresponding 12 months Ended(April, 2018 - March, 2019)
Change Change % Change Change % Change Change %
3.89 13.72%(Profit Decrease) 8.87 26.60%(Profit Decrease) 18.63 18.08%(Profit Decrease)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's profit decreased by 13.72% in QoQ(Quarter on Quarter) / current quarter(January, 2020 - March, 2020) for profit decrease of Rs.3.89 crores, as the company posted profit of Rs.24.47 crores; in compare to previous quarter(October, 2019 - December, 2019) when the company reported profit of Rs.28.36 crores.
The result also shows that the company's profit decreased by 26.60% in YoY(Year over Year) / in current quarter(January, 2020 - March, 2020) for profit decrease of Rs.8.87 crores; in compare to corresponding quarter(January, 2019 - March, 2019) when the company posted profit of Rs.33.34 crores.
The company also reported that its profit decreased by 18.08% in 12 months end(April, 2019 - March, 2020) for profit decrease of Rs.18.63 crores, since the company reported profit of Rs.84.43 crores; in compare to corresponding 12 months end(April, 2018 - March. 2019) when the company posted profit of Rs.103.06 crores.

EPS Reported by Hikal Limited for Fourth Quarter FY, 2019-20
Current Quarter (January, 2020 - March, 2020) Previous Quarter (October, 2019 - December, 2019) Corresponding Quarter (January, 2019 - March, 2019) 12 Months Ended (April, 2019 - March, 2020) Corresponding 12 Months Ended (April, 2018 - March, 2019)
1.98 2.30 2.70 6.85 8.36
Calculated EPS of Hikal Limited for Fourth Quarter FY, 2019-20
Current(March, 2020) VS Previous(December, 2019) Current(March, 2020) VS Corresponding(March, 2019) 12 months Ended(April, 2019 - March, 2020) VS Corresponding 12 months Ended(April, 2018 - March, 2019)
Change Change % Change Change % Change Change %
0.32 13.91%(EPS Decrease) 0.72 26.67%(EPS Decrease) 1.51 18.06%(EPS Decrease)

EPS /Earning per Share: The company's financial report shows that the company's EPS decreased by 13.91% in QoQ(Quarter on Quarter) / current quarter(January, 2020 - March, 2020) for EPS decrease of Rs.0.32, as the company posted EPS of Rs.1.98; in compare to previous quarter(October, 2019 - December, 2019) when the company reported EPS of Rs.2.30.
The result also shows that the company's EPS decreased by 26.67% in YoY(Year over Year) / in current quarter(January, 2020 - March, 2020) for EPS decrease of Rs.0.72; in compare to corresponding quarter(January, 2019 - March, 2019) when the company posted EPS of Rs.2.70.
The company also reported that its EPS decreased by 18.06% in 12 months end(April, 2019 - March, 2020) for EPS decrease of Rs.1.51, since the company reported EPS of Rs.6.85; in compare to corresponding 12 months end(April, 2018 - March. 2019) when the company posted EPS of Rs.8.36.

Assets Reported by Hikal Limited for Fourth Quarter FY, 2019-20
Details Non-current Assets Current Assets
Current Quarter(March, 2020) Previous Year End(March, 2019) Current Quarter(March, 2020) Previous Year End(March, 2019)
Reported 993.22 855.47 774.76 830.02
  Change Change % Change Change %
Calculated 137.75 16.10%(Assets Increase) 55.26 6.66%(Assets Decrease)

Assets:The company reported its non-current assets increased by 16.10% in current year end(March, 2020) for non-current assets increase of Rs.137.75 crores, since the company reported net non-current assets of Rs.993.22 crores; in compare to previous year end(March, 2019) when the company reported net non-current assets of Rs.855.47 crores.
The balance sheet of the company also shows that, its current assets decreased by 6.66% in current year end(March, 2020) for current assets decrease of Rs.55.26 crores, as the company reported net current assets of Rs.774.76 crores; against previous year end(March, 2019) when the company reported net current assets of Rs.830.02 crores.

Liabilities Reported by Hikal Limited for Fourth Quarter FY, 2019-20
Details Non-current Liabilities Current Liabilities
Current Quarter(March, 2020) Previous Year End(March, 2019) Current Quarter(March, 2020) Previous Year End(March, 2019)
Reported 355.16 326.72 596.32 602.56
  Change Change % Change Change %
Calculated 28.44 8.70%(Liabilities Increase) 6.24 1.04%(Liabilities Decrease)

Liabilities:The company reported its non-current liabilities increased by 8.70% in current year end(March, 2020) for non-current liabilities increase of Rs.28.44 crores, since the company reported net non-current liabilities of Rs.355.16 crores; in compare to previous year end(March, 2019) when the company reported net non-current liabilities of Rs.326.72 crores.
The balance sheet of the company also shows that, its current liabilities decreased by 1.04% in current year end(March, 2020) for current liabilities decrease of Rs.6.24 crores, as the company reported net current liabilities of Rs.596.32 crores; against previous year end(March, 2019) when the company reported net current liabilities of Rs.602.56 crores.


***All amounts are given in Crore Indian Rupees(INR) except EPS (Earnings per share) which are in Indian Rupees(INR) only.***
Gross Margin=Total Revenue from Operations -(Cost of Materials Consumed + Purchases of stock-in-trade - Changes in inventories of finished goods, work-in-progress and stock-in-trade).
Gross Margin%=(Gross Margin / Total Revenue from Operations)*100.
EBITDA=Commission/Interest + Depreciation and Amortization + Tax + Profit/Loss (PAT).
1 Lac = 100,000.
1 Million = 10 Lacs.
1 Crore = 10 Millions.
1 Crore = 100 Lacs.
1 Billion = 1000 Millions.
1 Billion = 100 Crores.

 

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