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Gland Pharma Ltd posts Q4FY21 consolidated PAT up at Rs. 260.40 crore



Posted On : 2021-05-17 16:54:53( TIMEZONE : IST )

Gland Pharma Ltd posts Q4FY21 consolidated PAT up at Rs. 260.40 crore

7Seas Technologies Ltd has reported financial results for the period ended March 31, 2021.

Financial Results (Q4 FY20-21) - QoQ Comparison

The company has reported total income of Rs.934.96 crores during the period ended March 31, 2021 as compared to Rs.894.54 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.260.40 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.204.10 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.15.88 for the period ended March 31, 2021 as compared to Rs.12.82 for the period ended December 31, 2020.

FinancialsQ4 FY20-21Q3 FY20-21% Change
Total Income₹ 934.96 crs₹ 894.54 crsUp Tick 4.52%
Net Profit₹ 260.40 crs₹ 204.10 crsUp Tick 27.58%
EPS₹ 15.88₹ 12.82Up Tick 23.87%

Financial Results (Q4 FY20-21) - YoY Comparison

The company has reported total income of Rs.934.96 crores during the period ended March 31, 2021 as compared to Rs.681.43 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.260.40 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.194.79 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.15.88 for the period ended March 31, 2021 as compared to Rs.12.57 for the period ended March 31, 2020.

FinancialsQ4 FY20-21Q4 FY19-20% Change
Total Income₹ 934.96 crs₹ 681.43 crsUp Tick 37.21%
Net Profit₹ 260.40 crs₹ 194.79 crsUp Tick 33.68%
EPS₹ 15.88₹ 12.57Up Tick 26.33%

Financial Results (Year ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.3597.65 crores during the 12 months period ended March 31, 2021 as compared to Rs.2772.40 crores during the 12 months period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.996.96 crores for the 12 months period ended March 31, 2021 as against net profit / (loss) of Rs.772.85 crores for the 12 months period ended March 31, 2020.

The company has reported EPS of Rs.62.99 for the 12 months period ended March 31, 2021 as compared to Rs.49.88 for the 12 months period ended March 31, 2020.

FinancialsYear Ended FY20-21Year Ended FY19-20% Change
Total Income₹ 3597.65 crs₹ 2772.40 crsUp Tick 29.77%
Net Profit₹ 996.96 crs₹ 772.85 crsUp Tick 29%
EPS₹ 62.99₹49.88Up Tick 26.28%

Commenting on the results, Mr. Srinivas Sadu, MD & CEO of Gland Pharma said "Overall the business has performed well and grew steadily during these challenging times. For the financial year 2020-21, we witnessed a revenue growth of 32% and net profit growth of 29% compared to the previous year. The Company continued to maintain a healthy margin profile with EBITDA margin at 40% and PAT margin at 28%. New product launches, volume growth in our existing portfolio, along with geographic expansion has led to strong business growth across all markets. Our new Vaccine business is expected to accelerate our long-term strategy of entering into Biosimilar space."

Source : Equity Bulls

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