Caplin Point posts stable numbers for Q4FY18

Caplin Point Laboratories reported mixed results across the board. The revenue and operating profit grew strongly, while bottom-line increased minimally.

The revenue for the quarter rose by 21.2 per cent to Rs. 143 crore in Q4FY18 vs Rs. 118 crore in Q4FY17 and Rs.1 42 crore Q3FY18.

The EBITDA for the quarter also grew by 10.7 per cent to Rs. 48 crore in Q4FY18 vs Rs. 44 crore in Q4FY17 and Rs. 53 crore in Q3FY18. The EBITDA margin for the quarter contracted by 320 bps to 33.9 per cent vs 37.1 per cent in Q4FY17. This was largely due to higher raw material cost for Q4FY18. The net profit for the quarter rose by 5 per cent yoy to Rs. 35 crore in Q4FY18 vs Rs. 34 crore in Q4FY17.

For the full year revenue grew by 34 per cent yoy to Rs. 540 crore. The EBITDA and EBITDA margins grew by 56.1 per cent and 500 bps for FY18. Lastly, net profit for the quarter rose by 51 per cent yoy.