Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2018 Edition) on picking money-making stocks.
This is an entirely free service. No payments are to be made.Gujarat Gas Company Ltd has announced its results for the quarter ended December 2014. During the quarter, the company has reported 23.3% year on year (YoY) decline in the net sales while net profits for the quarter declined 15.1% YoY.
(Rs m) | 3QFY14 | 3QFY15 | Change | 9MFY14 | 9MFY15 | Change |
Net Sales | 7,749 | 5,942 | -23.3% | 23,500 | 19,532 | -16.9% |
Other operating income | 53 | 42 | -21.1% | 134 | 142 | 5.6% |
Total operating income | 7,802 | 5,984 | -23.3% | 23,634 | 19,674 | -16.8% |
Expenditure | 6,463 | 4,917 | -23.9% | 18,869 | 16,214 | -14.1% |
Operating profit (EBDITA) | 1,339 | 1,066 | -20.4% | 4,766 | 3,459 | -27.4% |
EBDITA margin (%) | 17.3% | 17.9% | 20.3% | 17.7% | ||
Other income | 171 | 174 | 1.4% | 405 | 611 | 50.8% |
Interest | 1 | 1 | 0.0% | 2 | 2 | 0.0% |
Depreciation | 197 | 149 | -24.1% | 578 | 461 | -20.3% |
Profit before tax | 1,313 | 1,090 | -17.0% | 4,591 | 3,608 | -21.4% |
Profit before tax margins (%) | 16.9% | 18.3% | 19.5% | 18.5% | ||
Tax | 403 | 321 | -20.3% | 1481 | 1095 | -26.0% |
Profit after tax/(loss) | 911 | 769 | -15.5% | 3,110 | 2,512 | -19.2% |
Net profit margin (%) | 11.8% | 12.9% | 13.2% | 12.9% | ||
Minority share | 4.2 | 0.1 | -97.6% | 9 | 1 | -88.9% |
Profit after tax for the Group | 906 | 769 | -15.1% | 3,101 | 2,511 | -19.0% |
Group PAT margins (%) | 11.7% | 12.9% | 13.2% | 12.9% | ||
No. of shares (m) | 128.25 | |||||
Diluted earnings per share (Rs)* | 23.4 | |||||
Price to earnings ratio (x)* | 25.3 |
(Rs m) | 3QFY14 | 3QFY15 | Change | 9MFY14 | 9MFY15 | Change |
Raw material cost | 5,925 | 4,376 | -26.2% | 17,301 | 14,656 | -15.3% |
as a % of sales | 76.5% | 73.6% | 73.6% | 75.0% | ||
Staff expenses | 151 | 169 | 12.2% | 473 | 475 | 0.4% |
as a % of sales | 1.9% | 2.8% | 2.0% | 2.4% | ||
Other expenses | 387 | 373 | -3.6% | 1095 | 1083 | -1.1% |
as a % of sales | 5.0% | 6.3% | 4.7% | 5.5% | ||
Total expenses | 6,463 | 4,917 | -23.9% | 18,869 | 16,214 | -14.1% |
as a % of sales | 83.4% | 82.8% | 80.3% | 83.0% |
| |
DISCLOSURES UNDER SEBI (RESEARCH ANALYSTS) REGULATIONS, 2014
|
INTRODUCTION:
Equitymaster Agora Research Private Limited (hereinafter referred to as "Equitymaster"/"Company") was incorporated on October 25, 2007. Equitymaster is a joint venture between Quantum Information Services Private Limited (QIS) and Agora group. BUSINESS ACTIVITY: An independent research initiative, Equitymaster is committed to providing honest and unbiased views, opinions and recommendations on various investment opportunities across asset classes. DISCIPLINARY HISTORY: There are no outstanding litigations against the Company, it subsidiaries and its Directors. GENERAL TERMS AND CONDITIONS FOR RESEARCH REPORT: For the terms and conditions for research reports click here. DETAILS OF ASSOCIATES:
If you have any feedback or query or wish to report a matter, please do not hesitate to write to us. |