Sunday, August 3, 2014

INDOCO REMEDIES LTD - QTRLY RESULTS - FOR Q1 FY 2014-15 - (JUNE 2014) - NET PROFIT UP 118% - FUTURE OUTLOOK IMPRESSIVE



INDOCO REMEDIES LIMITED

QTRLY RESULTS FOR Q1 FY 15

(JUNE 2014)


INDOCO REMEDIES has reported impressive results for the first  quarter ending June 2014.

The results are in the table below (In Crores of Rs):


INDOCO Remedies
Q1 FY 15
Q4FY14
Dif% QoQ
Q1 FY14
Dif% YoY
FY 14
TOTAL INCOME
198.63
183.62
8.17
153.97
29.01
730.11
OPT
27.1
25.01
8.36
17.05
58.94
89.16
PBT
24.99
22.58
10.67
10.99
127.39
72.11
NPT
20.04
18.55
8.03
9.18
118.3
67.9
EPS
2.17
2.01
7.96
1
117
6.28
EQ-Rs.2FV
18.43






Financial Highlights

The net revenues for the first quarter of FY15 have shown a strong growth of 33.7 % at Rs.198.0 Crs as against Rs.148.0 Crs during the same period last year. During the quarter, the Domestic Business has grown by 23.1% at Rs.127.4 Crs as against Rs.103.5 Crs and International business by 58.8% at  Rs.70.0 Crs as against Rs.44.0 Crs during the same period last year.

Favourable product and business mix has brought down the material consumption to 36.7% of net sales during the quarter as against 40.3 % for the same period last year. The staff cost to net sales is 17.0 % as against 19.5 % for the same period last year. The depreciation / amortization are at Rs.9.5 Crs as against Rs.7.3 Crs for the same period last year. Research & Development expenses to net sales is 2.2% at Rs.4.3 Crs as against 1.9% at Rs.2.7 Crs for the same period last year. Other expenses to net sales are 26.0% at Rs.51.5 Crs and as against 25.9% at Rs.38.3 Crs during the same period last year.

Earnings before Interest, Depreciation, Tax & Amortization (EBIDTA) to net sales for the quarter is 20.6 % at Rs.40.9 Crs as against 18.3 % at Rs.27.1 Crs during the same quarter last year.

Profit after tax (PAT) to net sales for the quarter is 10.1 % at Rs.20.0 Crs as against 6.2% at Rs.9.2 Crs during the same quarter last year.

During the quarter, the company launched 7 products. Indoco has been consistently launching around 25 new introductions every year through its eight marketing divisions in India. These new introductions as well as focus on chronic segments will be key growth drivers for domestic business.

The international formulation business during the quarter grew by 62.7% at Rs.63.4 Crs as against Rs.39.0 Crs during the same period last year

Regulated Markets

The regulated market during the quarter grew by 69.8% at Rs.57.3 Crs as against Rs.33.7 Crs during the same quarter last year.

Indoco has received the Establishment Inspection Report (EIR) from USFDA for Sterile facility (Plant II) and Solid Dosages facility (Plant III) located in Goa. Currently Indoco has 22 ANDAs filed from its sites which includes 3 filings in this quarter.

Within Europe, both the major countries U.K and Germany have done well. New business from Spain, Australia and New Zealand has commenced which will boost the sales in the subsequent quarters.

Emerging Markets

The emerging markets for the quarter grew by 16.7% at Rs.6.1 Crs as against Rs.5.2 Crs during the same quarter last year. The focus on emerging markets is clearly on trade business and brand building. The emphasis is on strengthening Indoco’s presence in the niche segment of Opthalmics and Stomatologicals. 

INDOCO’S future outlook also is very impressive.

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Saturday, August 2, 2014

Great, INSPIRING Quotes - from NAPOLEON HILL - Author of - THINK & GROW RICH



Napoleon Hill Quotes

Author of

Think & Grow Rich


Napoleon Hill’s “Think & Grow Rich” is almost a classic which has influenced Millions of aspiring minds and has also turned many sluggish minds into aspiring Minds.

If you want success, you must first define it. Then, map it, plan it, seek it and achieve it. That is what Napoleon Hill enables us to do. Here are some Great Quotes from Hill.

The words in BOLD – must keep you thinking for a while, before you proceed further!


Ø  A goal is a dream with a deadline.

Ø  Set your mind on a definite goal and observe how quickly the world stands aside to let you pass.

Ø  The starting point of all achievement is DESIRE. Keep this constantly in mind. Weak desire brings weak results, just as a small fire makes a small amount of heat.

Ø  Desire is the starting point of all achievement, not a hope, not a wish, but a keen pulsating desire which transcends everything

Ø  When your desires are strong enough, you will appear to possess superhuman powers to achieve.

Ø  The world has the habit of making room for the man whose words and actions show that he knows where he is going.

Ø  Desire backed by faith knows no such word as impossible.

Ø  There is a difference between WISHING for a thing and being READY to receive it. No one is ready for a thing, until he believes he can acquire it. The state of mind must be BELIEF, not mere hope or wish. Open-mindedness is essential for belief.


Ø  First comes thought; then organization of that thought, into ideas and plans; then transformation of those plans into reality. The beginning, as you will observe, is in your imagination.

Ø  Remember that the moment you reduce the statement of your desire, and a plan for its realization, to writing, you have actually taken the first of a series of steps, which will enable you to convert the thought into its physical counterpart.

Ø  Do not wait: the time will never be 'just right'. Start where you stand, and work whatever tools you may have at your command and better tools will be found as you go along.

Ø  If you can't do great things, do small things in a great way.

Ø  Whatever the mind can conceive and believe, it can achieve.

Ø  A genius is simply one who has taken full possession of his own mind and directed it toward objectives of his own choosing, without permitting outside influences to discourage or mislead him.

Ø  Our only limitations are those we set up in our own minds.

Ø  The man who does more than he is paid for will soon be paid for more than he does.

Ø  Every adversity, every failure, every heartache carries with it the seed of an equal or greater benefit.

Ø  When defeat comes, accept it as a signal that your plans are not sound, rebuild those plans, and set sail once more toward your coveted goal.

Ø  Helen Keller became deaf, dumb, and blind shortly after birth. Despite her greatest misfortune, she has written her name indelibly in the pages of the history of the great. Her entire life has served as evidence that no one is ever defeated until defeat has been accepted as reality.

Ø  Procrastination is the bad habit of putting off until the day after tomorrow what should have been done the day before yesterday.


Ø  The majority of people are ready to throw their aims and purposes overboard, and give up at the first sign of opposition or misfortune. A few carry on DESPITE all opposition, until they attain their goal. These few are the Fords, Carnegies, Rockefellers, and Edisons. There may be no heroic connotation to the word persistence, but the quality is to the character of man what carbon is to steel.


Ø  If you give up before your goal has been reached, you are a "quitter." A QUITTER NEVER WINS AND A WINNER NEVER QUITS. Lift this sentence out, write it on a piece of paper in letters an inch high, and place it where you will see it every night before you go to sleep, and every morning before you go to work.

Ø  That is one of the tricks of opportunity. It has a sly habit of slipping in by the back door, and often it comes disguised in the form of misfortune, or temporary defeat. Perhaps this is why so many fail to recognize opportunity.

Ø  “If you think you are beaten, you are,
If you think you dare not, you don’t.
If you like to win, but you think you can’t,
It is almost certain you won’t.
If you think you’ll lose, you’re lost,
For out in the world we find,
Success begins with a fellow’s will;
It’s all in the state of MIND.
If you think you’re outclassed, you are,
You’ve got to think high to rise,
You’ve got to be sure of yourself before
You can ever win a prize.

Ø  Life’s battles, don’t always go
To the stronger or faster man
But soon or later the man who wins
Is the man WHO THINKS HE CAN!”

Ø  Let us consider the power of FAITH, as it is now being demonstrated, by a man who is well known to all of civilization, Mahatma Gandhi, of India. In this man the world has one of the most astounding examples known to civilization, of the possibilities of FAITH. Gandhi wields more potential power than any man living at this time, and this, despite the fact that he has none of the orthodox tools of power, such as money, battle ships, soldiers, and materials of warfare. Gandhi has no money, he has no home, he does not own a suit of clothes, but HE DOES HAVE POWER. How does he come by that power? HE CREATED IT OUT OF HIS UNDERSTANDING OF THE PRINCIPLE OF FAITH, AND THROUGH HIS ABILITY TO TRANSPLANT THAT FAITH INTO THE MINDS OF TWO HUNDRED MILLION PEOPLE. Gandhi has accomplished, through the influence of FAITH, that which the strongest military power on earth could not, and never will accomplish through soldiers and military equipment. He has accomplished the astounding feat of INFLUENCING two hundred million minds to COALESCE AND MOVE IN UNISON, AS A SINGLE MIND. What other force on earth, except FAITH could do as much?

Ø  Remember, the thoughts that you think and the statements you make regarding yourself determine your mental attitude. If you have a worthwhile objective, find the one reason why you can achieve it rather than hundreds of reasons why you can't.

Ø  It is your responsibility to make sure that positive emotions constitute the dominating influence of your mind.

Ø  The cause of the depression is traceable directly to the worldwide habit of trying to reap without sowing.

Ø  The oak sleeps in the acorn. The bird waits in the egg, and in the highest vision of the soul, a waking angel stirs. Dreams are the seedlings of reality.

Ø  The most practical of all methods for controlling the mind is the habit of keeping it busy with a definite purpose, backed by a definite plan.

Ø  There is no substitute for persistence. The person who makes persistence his watch-word, discovers that “Old Man Failure” finally becomes tired, and makes his departure. Failure cannot cope with persistence.

Ø  You have to understand you cannot have faith and fear at the same time; you can only have one or the other.

Ø  Patience, persistence and perspiration make an unbeatable combination for success.

Ø  Remember that your dominating thoughts attract,  through a definite law of nature, by the shortest and most convenient route, their physical counterpart. Be careful what your thoughts dwell upon.

Ø  Your poverty is serving no one. If you’re a charitable person, you’d be a whole lot more charitable if you had lots of money.

Ø  The possibilities of creative effort connected with the subconscious mind are stupendous and imponderable. They inspire one with awe.

Ø  One sound idea is all that one needs to achieve success.

Ø  A long while ago, a great warrior faced a situation which made it necessary for him to make a decision which insured his success on the battlefield. He was about to send his armies against a powerful foe, whose men outnumbered his own. He loaded his soldiers into boats, sailed to the enemy’s country, unloaded soldiers and equipment, then gave the order to burn the ships that had carried them. Addressing his men before the first battle, he said, “You see the boats going up in smoke. That means that we cannot leave these shores alive unless we win! We now have no choice—we win, or we perish!” They won.

Ø  The great leaders of business, industry, finance, and the great artists, musicians, poets, and writers became great, because they developed the faculty of creative imagination.

Ø  The object of your definite chief aim should become your "hobby." You should ride this "hobby" continuously; you should sleep with it, eat with it, play with it, work with it, live with it and THINK with it.

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