The document provides an analysis of IPCA's quarterly results for Q4 of 2013-14. Some key highlights include:
- Net profit increased 81% in Q4 2013-14 compared to Q4 of the previous year. Earnings per share also increased 81%.
- Foreign exchange translation gains increased 134% in Q4 2013-14 versus the same quarter of the previous year.
- 28% of IPCA's total annual profit for 2013-14 was earned in Q4.
- Ratios such as gross profit margin, operating profit margin, and return on assets improved favorably for IPCA in 2013-14 compared to the previous year.
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AkzoNobel Q4 2012 and Full Year 2012 Results Investor Update PresentationAkzoNobel
- In Q4 2012, AkzoNobel's revenue increased 3% to €3.673 billion driven by favorable currencies and pricing offsetting lower volumes, while EBITDA increased 3% to €363 million.
- For full-year 2012, revenue increased 5% to €15.39 billion due to currencies and pricing despite lower volumes, while EBITDA grew 4% to €1.901 billion.
- The performance improvement program exceeded its 2012 target, contributing €238 million in savings, and significant FTE reductions were achieved through restructuring.
- The document is an analyst presentation summarizing Vopak's financial results for fiscal year 2014.
- Key highlights included EBITDA of EUR 763 million, in line with expectations, and total storage capacity of 33.8 million cubic meters.
- Vopak is executing its strategy focused on growth, operational excellence, and customer leadership.
In the first quarter of 2013:
- BR Properties' net revenues increased 123% to R$225.9 million due to additional rental revenues from new properties. Adjusted EBITDA grew 136% to R$212.1 million.
- The company's portfolio value reached R$14.03 billion and financial vacancy was 8.9%, impacted by a recently delivered building that is still leasing up.
- BR Properties saw its stock price fall 4% over the quarter but trading volume increased significantly.
In the first quarter of 2013:
- BR Properties' net revenues increased 123% to R$225.9 million due to additional rental revenues from new properties. Adjusted EBITDA rose 136% to R$212.1 million.
- The company's portfolio value reached R$14.03 billion with 63% comprised of office properties. Financial vacancy was 8.9% while physical vacancy was 4.7%.
- Net income totaled R$90.9 million. Adjusted FFO excluding non-cash items was R$77.2 million, with an adjusted FFO margin of 34%.
Estácio reported strong 2Q17 results, with net revenue increasing 9.3% to R$913.4 million and EBITDA margin expanding 10.7 percentage points to 28.6%. Average ticket prices rose 11.7% for on-campus and 27.8% for distance learning students. Operational improvements led to a 26.2% reduction in selling, general and administrative expenses. Management is focused on continuing to execute initiatives to drive efficiencies and expand organically and inorganically.
The document provides an overview of Momentum Metropolitan Holdings Limited's 2014 year-end results. It summarizes the challenging operating environment in South Africa and the insurance industry. Financially, the group achieved strong growth in profits, new business, dividends and return on embedded value. Each of its operating divisions, including Momentum Retail, Metropolitan Retail, Momentum Employee Benefits and Metropolitan Health delivered solid results. The group also outlined its capital management strategy and transition to a new client-centric operating model effective July 2014. Its strategic focus remains on enhancing client-centricity and financial wellness.
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AkzoNobel Q4 2012 and Full Year 2012 Results Investor Update PresentationAkzoNobel
- In Q4 2012, AkzoNobel's revenue increased 3% to €3.673 billion driven by favorable currencies and pricing offsetting lower volumes, while EBITDA increased 3% to €363 million.
- For full-year 2012, revenue increased 5% to €15.39 billion due to currencies and pricing despite lower volumes, while EBITDA grew 4% to €1.901 billion.
- The performance improvement program exceeded its 2012 target, contributing €238 million in savings, and significant FTE reductions were achieved through restructuring.
- The document is an analyst presentation summarizing Vopak's financial results for fiscal year 2014.
- Key highlights included EBITDA of EUR 763 million, in line with expectations, and total storage capacity of 33.8 million cubic meters.
- Vopak is executing its strategy focused on growth, operational excellence, and customer leadership.
In the first quarter of 2013:
- BR Properties' net revenues increased 123% to R$225.9 million due to additional rental revenues from new properties. Adjusted EBITDA grew 136% to R$212.1 million.
- The company's portfolio value reached R$14.03 billion and financial vacancy was 8.9%, impacted by a recently delivered building that is still leasing up.
- BR Properties saw its stock price fall 4% over the quarter but trading volume increased significantly.
In the first quarter of 2013:
- BR Properties' net revenues increased 123% to R$225.9 million due to additional rental revenues from new properties. Adjusted EBITDA rose 136% to R$212.1 million.
- The company's portfolio value reached R$14.03 billion with 63% comprised of office properties. Financial vacancy was 8.9% while physical vacancy was 4.7%.
- Net income totaled R$90.9 million. Adjusted FFO excluding non-cash items was R$77.2 million, with an adjusted FFO margin of 34%.
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- Inventory turnover and debtors' turnover ratios remained relatively stable from 2013-2014. Creditors' turnover saw a small increase.
- Gross and net profit margins declined from 2010-2014 despite expenses decreasing from 2013-2014. Dividends per share and earnings per share increased.
- Overall, the company's performance has been positive based on stable profitability, increased shareholders' returns
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PIA is Pakistan's national airline carrier. It was established in 1955 and operates flights out of major airports in Karachi, Lahore, and Islamabad. PIA's vision is to be a world-class airline that exceeds customer expectations through safety, innovation, and quality service. The document analyzes PIA's financial statements from 2011-2012 using various ratios to evaluate its short-term liquidity, long-term credit risk, profitability, and market performance. The analysis finds that PIA has weak liquidity and profitability, high debt, and losses over this period. While some ratios improved slightly from 2011-2012, PIA's financial position remains troubled.
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WuXi Pharma Tech First Quarter 2013 Earnings PresentationCompany Spotlight
WuXi PharmaTech reported first quarter 2013 financial results that exceeded guidance. Total revenues grew 11.7% year-over-year to $131.9 million, driven by 15.5% growth in China-based laboratory services and 9.6% growth in manufacturing services. Non-GAAP diluted EPS grew 7.5% to $0.35. WuXi reconfirmed its full-year 2013 guidance for revenue growth of 13-15% and non-GAAP EPS growth of 6-9%. WuXi expects continued double-digit revenue growth across most business units in 2013 and remains focused on controlling costs and returning cash to shareholders.
This document provides condensed consolidated interim financial statements for Hyundai Capital Services, Inc. and Subsidiaries for the period ending March 31, 2014. It includes an independent auditors' review report, condensed consolidated statements of financial position, comprehensive income, changes in equity, and cash flows. The financial statements provide key financial information about Hyundai Capital Services such as assets, liabilities, equity, revenue, expenses, and cash flows for the periods presented.
The document provides a financial summary of a company's full year results for FY15. Key highlights include:
- Net operating income increased 24% to $90.1m
- Pro forma EBTDA increased 22% to $34.5m
- EPS of 10.11c per share for FY15, up 18%
- Strong growth across key financial and operational metrics such as active clients, transactions, and turnover.
- AkzoNobel reported financial results for Q3 2014, with revenues down 2% due to currency effects and divestments offsetting 1% volume growth. Operating income was €335 million, up 11% year-over-year.
- All business areas saw continued fragile economic conditions impacting volumes. Decorative Paints revenues fell 8% due to divestments despite flat volumes. Performance Coatings revenues were flat as positive volumes offset negative price/mix and currencies. Specialty Chemicals revenues fell 1% on currency effects despite flat volumes.
- AkzoNobel remains on track to meet its 2015 targets despite the challenging economic environment and continues implementing improvement programs across all business areas.
Market Research Report : Cardiac pacemaker market in india 2014 - SampleNetscribes, Inc.
For the complete report, get in touch with us at: info@netscribes.com
Abstract:
Netscribes latest market research report titled Cardiac Pacemaker Market in India 2014 analyses how the market for medical devices is gaining prominence within the healthcare sector in India and how cardiac devices has become an indispensable part of this sector. With a large number of people in India suffering from heart problems, and an even larger portion of the population being comprised of an elderly population that is susceptible to heart-related ailments, demand for devices such as cardiac pacemakers is expected to grow steadily. This in turn will aid in the growth of the market for pacemakers. With prices now being affordable and a large number of insurance schemes and payment schemes being available to patients, there is likely to be a healthier conversion of potential consumers to actual buyers.
Majority of the players operating in the market are foreign companies with only a handful of Indian companies managing to make an impression in the market. Stiff competition exists among these players. The technological advancements and added benefits being offered by the various companies will be the key differentiator between them and the determinant of who will be most successful in this market.
Coverage
Overview of cardiac pacemaker market in India and market size data over 2012 to 2018e
Analysis of the pricing of cardiac pacemakers
Export-import data of cardiac pacemakers
Qualitative analysis of market drivers, challenges, and key trends
Analysis of the competitive landscape and detailed profiles of major players
Table of Contents:
This report analyzes the financial performance of Rani Ltd over 2010-2012. It finds that while revenue has increased slightly, net profit margins have declined significantly from 13.9% in 2010 to 10.43% in 2012 due to rising cost of goods sold. Liquidity ratios are satisfactory but the quick ratio is low at 0.64. Inventory and receivables levels have increased substantially, worsening the operating cycle from 90 to 138 days. Earnings per share have fallen 17% from 2010-2012. The report recommends improving inventory turnover and receivables collection to enhance profitability and liquidity.
- Hyundai Capital Services, Inc. and Subsidiaries released their consolidated financial statements for the year ending December 31, 2014 including the consolidated statements of financial position, comprehensive income, changes in equity, and cash flows along with accompanying notes.
- An independent auditing firm issued an unqualified opinion stating that the consolidated financial statements fairly represented the financial position and performance of Hyundai Capital Services in accordance with relevant accounting standards.
- The consolidated financial statements provide information on Hyundai Capital Services' assets, liabilities, equity, revenue, expenses, cash flows and other financial details for the years ending December 31, 2014 and December 31, 2013.
iSelect reported strong financial results for FY15 with revenue growth of 15% and net profit after tax growth of 17%. Operational performance was solid across key metrics such as leads, conversion, and sales. The health insurance segment grew sales volume by 10% but revenue declined slightly due to consumers trading down to lower cost policies. The energy segment saw significant growth in revenue and sales following investment in marketing and staffing. For FY16, iSelect expects continued revenue growth but a lower earnings forecast as investment is made in staffing, technology, brand and developing business segments.
This document provides condensed consolidated interim financial statements for Hyundai Capital Services, Inc. and its subsidiaries for the period ending March 31, 2015. It includes an independent auditors' review report, condensed consolidated statements of financial position, comprehensive income, changes in equity, and cash flows, as well as accompanying notes to the financial statements. The auditors issued an unqualified opinion on the condensed consolidated interim financial statements.
This document provides the consolidated financial statements of Hyundai Capital Services, Inc. and its subsidiaries for the years ended December 31, 2015 and 2014. It includes the consolidated statements of financial position, comprehensive income, changes in equity, and cash flows, as well as notes to the consolidated financial statements. The financial statements show that in 2015 the company reported total operating revenue of KRW 2.94 trillion, profit for the year of KRW 276.7 billion, and total assets of KRW 24.31 trillion.
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This document provides condensed consolidated interim financial statements for Hyundai Capital Services, Inc. and Subsidiaries for the period ending March 31, 2014. It includes an independent auditors' review report, condensed consolidated statements of financial position, comprehensive income, changes in equity, and cash flows. The financial statements provide key financial information about Hyundai Capital Services such as assets, liabilities, equity, revenue, expenses, and cash flows for the periods presented.
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Market Research Report : Cardiac pacemaker market in india 2014 - SampleNetscribes, Inc.
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Similar to Analysis on Financial Results-QIV 201314 (20)
1. Analysis of Quarterly Results
Quarter IV : 2013-14
June 16, 2014
Prepared By: Parag Pitliya
Internal Audit Department
2. Contents at a Glance
2Internal Audit Department
Sr. No. Scheme of Presentation Slide No.
1 Overview 3
2 Types of analysis 4
3 Introduction of IPCA 5
4 Comparative Analysis 6-8
5 Ratios Analysis 9-14
6 Peer Review 15
7 Stock Market 16
8 Summary 17
3. Overview
Financial Statements
3Internal Audit Department
Statement of financial position( Balance Sheet)
Income Statement(Statement of Profit & Loss)
Cash flow statement
Statement of Changes in Equity
4. Types of Analysis
Types of Analysis
4Internal Audit Department
Comparative Analysis Ratio Analysis
• Current year’s IV Quarter to
last year’s IV Quarter
comparison
• IV Quarter to P.V. Year
comparison
• Current year to Last year
comparison
• Activity Ratio
• Profitability Ratio
• Return Ratio
• Liquidity Ratio
• Financial Ratio
• Shareholder Ratio
6. Comparative Analysis
6
Internal Audit Department
Rs. In CroreComparison of Quarter IV from last year Quarter IV
Particulars
2012-13
Quarter-IV
(Audited)
2013-14
Quarter-IV
(Audited)
Change
(In amount)
Change
(in %) Remarks
Total Income from operations 671.71 749.61 77.90 11.60% Favorable
change
Total operating Expenses 551.01 593.25 42.24 7.61% Favorable
change
Foreign exchange translation gain 7.77 18.19 10.42 134.10% Favorable
change
Profit from ordinary activities before
tax
125.51 174.5 48.99 39.03% Favorable
change
Net Profit for the period after tax 75.43 137.03 61.60 81.60% Favorable
change
Earning Per Share 5.98 10.86 4.88 81.60% Favorable
change
Major Heads of
St.of Profit &
Loss
7. Comparative Analysis
7Internal Audit Department
Comparison of Quarter IV from P.Y 2013-14 Rs. In Crore
Particulars
2013-14
(Audited)
2013-14
Quarter-IV
(Audited)
Standard
Share
(In %)
Actual
Share
(In %)
Remarks
Total Income from operations 3234.82 749.61 25% 23.17% Reasonable
Total operating Expenses 2530.48 593.25 25% 23.44% Reasonable
Foreign exchange translation
gain
72.10 18.19 25% 25.22% Reasonable
Profit from ordinary activities
before tax
629.09 174.5 25% 27.73% Reasonable
Net Profit for the period after
tax
477.37 137.03 25% 28.70% Reasonable
Major Heads of
St.of Profit &
Loss
8. Comparative Analysis
8Internal Audit Department
Comparison of P.Y. 2014 from P.Y. 2013 Rs. In Crore
Particulars
2012-13
(Audited)
2013-14
(Audited)
Change
(In amount)
Change
(in %) Remarks
Shareholders’
fund
1569.85 1981.61 411.76 26.22% Favorable change due to
increase in R/S by Rs 411.76cr
Non Current
Liability
509.21 454.10 (55.11) (10.88%) Company paid 75cr Long Term
Borrowing in 2013-14
Current Liability 629.69 781.39 151.70 24.09% Reasonable change
Non Current
Assets
1323.95 1633.55 309.60 33.38% Company purchased Fixed
assets amounting 365cr
Current Assets 1384.80 1583.55 198.75 14.35% Reasonable change
Major Heads of
Balance Sheet
9. Internal Audit Department 9
S.
No
Name Formula -------Ratio-------
2013 2014
Remarks
1 Inventory
Turnover Ratio
Cost of goods sold/
Inventory
1.48 1.44 Change is unfavorable
for Company, It should
be Increase
2 Total Assets
Turnover Ratio
Sales/ Total Assets 1.01 0.98 Change is unfavorable
for Company, It should
be Increase
3 Fixed Assets
Turnover Ratio
Sales/ Fixed Assets 2.27 2.16 Change is unfavorable
for Company, It should
be increase
Activity Ratios
Ratios Analysis
10. Internal Audit Department 10
S.
No
Name Formula -------------Ratio---------
2013 2014
Remarks
1 Gross Profit
Margin
Gross Income/
Sales
0.60 0.65 Favorable :-
G.P. Ratio
Increased by
8.33% in P.Y.
2013-14
2 Operating
Profit Margin
Operating Income/
Sales
0.19 0.21 Favorable
change in P.Y.
2013-14
Profitability Ratios
Ratios Analysis
11. Internal Audit Department 11
S.
No
Name Formula -------------Ratio----------
2013 2014
Remarks
1 Operating
Return on
Assets
Operating Income/
Total Assets
0.19 0.21 Favorable
change in P.Y.
2013-14
2 Return On
Assets
Net Income/ Total
Assets
0.12 0.14 Favorable
change in P.Y.
2013-14
Return Ratios
Ratios Analysis
12. 12Internal Audit Department
Ratios Analysis
Liquidity Ratios
S.
No
Name Formula ------------Ratio---------
2013 2014
Remarks
1 Current Ratio Current Assets/
Current Liability
2.20 2.02 It is more than
Idle Current
ratio i.e. 1.33
2 Quick Ratio Quick Assets/
Current Liability
1.03 0.95 In 2014 It is
lower than Idle
quick ratio i.e.
1.10
3 Net Working
Capital to
sales Ratio
Working Capital/
Sales
0.27 0.25 Working Capital
increase by 6%,
Sales Increase
by 16%
13. Internal Audit Department 13
S.
No
Name Formula -------Ratio----------
2013 2014
Remarks
1 Long Term
debt to Assets
Ratio
Long Term Debt/
Total Assets
0.13 0.09 Company paid 20%
Long Term borrowing
in 2013-14
2 Equity
Multiplier
Total Assets/
Shareholders’
Equity
1.72 1.62 Reasonable change
Financial Ratios
Ratios Analysis
14. Internal Audit Department 14
S.
No
Name Formula -------Ratio------
2013 2014
Remarks
1 Earning per
Share
Net Income Available
to Shareholder/
No. of Equity Share
26.27 37.83 EPS Increase By 45% in
2013-14
2 Dividend per
Share
Dividend Paid to
Share holder/
No. of Equity Share
4 5 Increase in dividend per
share by 20%
3 Dividend
Payout Ratio
Dividend/
Earning
0.15 0.13 Decrease due to less
declaration of dividend in
compare to Earnings
4 Price Earning
Ratio
Market Price Per
Share/
Earning Per Share
19.60 20.83 Investor is ready to
invest in company Rs.
20.83 in a expectation to
earn Rs.1 from Company
Shareholder Ratios
Ratios Analysis
15. Peer Review
15
Internal Audit Department
S. No. Company Name
Share Price as
on 13/6/13
Assets Sales Profit
1 Aurobindo Pharma 710 5618 5425 496
2 Cadila Health 989 4517 3676 499
3 Cipla 414 9833 8202 1507
4 Dr Reddy Labs 2438 9221 8434 1266
5 Glaxosmith Kline 2528 1951 2546 502
6 Ipca Labs 837 2708 2778 331
7 Lupin 987 5169 7123 1260
8 Sun Pharma 636 7765 2432 517
9 Torrent Pharma 683 2061 2766 546
10 Wockhardt 614 1284 2471 623
Comparison of IPCA from its Competitors
Rank to IPCA
16. Stock Market
16
Internal Audit Department
Share Price in 2013-14
Remarks:- Increase in price of share from Rs 530(as on 01/04/13) to Rs.
820 (as on 31/3/14) i.e. 55% in a one year
17. Internal Audit Department 17
Summary
Highlighted Points
S.
No
Base Observation
1 Foreign Exchange
Translation Gain
It is increase by 135% in IV Quarter in comparison to last
Year IV Quarter
2 Net Profit and Earning per
share
Both are Increase by 81% in IV Quarter in comparison to
last Year IV Quarter
3 Reserve and surplus R/S Increase by 26% In comparison to P.Y. 2012-13
4 Net Profit In 2013-14, 28% of total Profit earn in Last Quarter
5 Share Capital There is no increase in Share capital in year of 2013-14
6 Investor complaint It is decrease by 40% in comparison to last year,
There is no investor complaint pending at the end of year
7 Bonus Share Basic and diluted EPS same hence there is no bonus share
issued by company in year of 2013-14
8 Other Income Other Income increase by 15% In comparison to last year