How to check Divis lab share price – Pharmaceuticals company. Learn why the price of Divis lab is falling. Should you buy, hold or sell this stock?
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Now the main reason for the slum of the Divis lab is Q2 PAT which decreased 18% YOY to rs 493 cr from Rs 606.46 crore.
Profit before taxes fell 19.01% to Rs 615.22 crore in Q2 FY23, from Rs 759.62 crore in Q2 FY22.
During the quarter under review, total expenses increased by 5.81% year on year to Rs 1,319.40 crore. In Q2 FY23, the cost of materials consumed decreased by 6.79% year on year to Rs 817.01 crore, while employee benefit costs increased by 3.63% year on year to Rs 232.12.
In Q2 FY23, the company’s net profit fell 19.71% to Rs 486.85 crore on a 7.34% drop in revenue from operations to Rs 1,823.38 crore compared to Q2 FY22.
Overall, Divis lab share price is trading close to its intrinsic value of 2772. However, quite far from its book value of 457.
Divis lab share price
Currently, the price of the share as of Nov 7, 2022, CMP is 3415. Let’s look at the fundamentals of the stock. Looking at ts shareholding atter.
Shareholding Pattern
Numbers in percentage deals / TRADES
16 recently
| Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters + | 52.00 | 51.97 | 51.97 | 51.96 | 51.95 | 51.95 | 51.95 | 51.95 | 51.95 | 51.94 | 51.94 | 51.94 |
| FIIs + | 19.70 | 19.08 | 18.17 | 18.28 | 20.37 | 19.87 | 20.60 | 20.70 | 19.30 | 18.45 | 16.52 | 15.40 |
| DIIs + | 15.47 | 15.59 | 16.80 | 18.80 | 16.86 | 16.74 | 16.56 | 16.36 | 17.73 | 18.32 | 19.98 | 20.75 |
| Government + | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 |
| Public + | 12.83 | 13.35 | 13.07 | 10.96 | 10.83 | 11.45 | 10.89 | 11.00 | 11.02 | 11.28 | 11.56 | 11.88 |
Let’s look at the major reason for the fall of this share.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,446 | 1,396 | 1,390 | 1,730 | 1,749 | 1,701 | 1,788 | 1,961 | 1,988 | 2,493 | 2,518 | 2,255 | 1,855 |
| Expenses + | 955 | 902 | 945 | 1,030 | 1,008 | 1,010 | 1,072 | 1,109 | 1,169 | 1,396 | 1,414 | 1,408 | 1,234 |
| Operating Profit | 491 | 494 | 444 | 700 | 741 | 691 | 716 | 852 | 818 | 1,097 | 1,104 | 847 | 621 |
| OPM % | 34% | 35% | 32% | 40% | 42% | 41% | 40% | 43% | 41% | 44% | 44% | 38% | 33% |
| Other Income + | 47 | 42 | 77 | 17 | 14 | 19 | 24 | 36 | 19 | 17 | 52 | 88 | 80 |
| Interest | 4 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 46 | 47 | 50 | 56 | 61 | 68 | 70 | 73 | 77 | 80 | 81 | 84 | 86 |
| Profit before tax | 488 | 487 | 471 | 661 | 693 | 642 | 669 | 814 | 760 | 1,034 | 1,076 | 851 | 615 |
| Tax % | 27% | 26% | 18% | 26% | 25% | 27% | 25% | 32% | 20% | 13% | 17% | 18% | 20% |
| Net Profit | 357 | 359 | 388 | 492 | 520 | 471 | 502 | 557 | 606 | 902 | 895 | 702 | 494 |
| EPS in Rs | 13.44 | 13.53 | 14.62 | 18.54 | 19.57 | 17.73 | 18.91 | 20.99 | 22.84 | 33.99 | 33.70 | 26.44 | 18.59 |
If you have a position in this share, you can hold this share. The company is overall profitable.