How has been the historical performance of Indoco Remedies?
Indoco Remedies has shown consistent growth in net sales, increasing from 1,106.59 Cr in Mar'20 to 1,817.29 Cr in Mar'24, but profitability has declined, with profit after tax falling from 154.80 Cr in Mar'22 to 97.01 Cr in Mar'24. Despite these challenges, the company maintained a positive cash balance, ending Mar'24 with 14.00 Cr.
Answer:The historical performance of Indoco Remedies shows a trend of increasing net sales and fluctuating profitability over the years.Breakdown:
Indoco Remedies has demonstrated a consistent growth in net sales, rising from 1,106.59 Cr in Mar'20 to 1,817.29 Cr in Mar'24. The total operating income followed a similar upward trajectory, reaching 1,817.29 Cr in Mar'24, up from 1,540.75 Cr in Mar'22. However, the operating profit (PBDIT) has seen a decline from 329.67 Cr in Mar'22 to 254.16 Cr in Mar'24, indicating challenges in maintaining profitability despite rising sales. The profit before tax also decreased from 236.57 Cr in Mar'22 to 135.80 Cr in Mar'24, while the profit after tax fell from 154.80 Cr in Mar'22 to 97.01 Cr in Mar'24. This decline in profitability is reflected in the earnings per share, which decreased from 16.8 in Mar'22 to 10.68 in Mar'24. The operating profit margin and PAT margin have also declined, suggesting increased costs or reduced efficiency. Despite these challenges, the company has managed to maintain a positive net cash inflow, ending Mar'24 with a closing cash balance of 14.00 Cr, up from 10.00 Cr in Mar'23.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
