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Container Corporation of India Ltd has announced its results for the quarter ended December 2016 (3QFY17). The company has reported 5.3% year on year (YoY) decline in the topline and 9.6% YoY decline in the bottom-line for the quarter. Here is our analysis of the results.
|Operating profit (EBDITA)||2,764||2,612||-5.5%||8,723||7,519||-13.8%|
|EBDITA margin (%)||19.7%||19.6%||20.2%||18.6%|
|Profit before tax||2,730||2,529||-7.4%||8,625||7,173||-16.8%|
|Pretax margin (%)||19.4%||19.0%||19.9%||17.7%|
|Effective tax rate (%)||24.7%||26.4%||25.3%||27.2%|
|Normal Profit after tax/(loss)||2,057||1,860||-9.6%||6,446||5,223||-19.0%|
|Normal Net profit margin (%)||14.6%||14.0%||14.9%||12.9%|
|No. of shares (m)||244|
|Diluted earnings per share (Rs)*||27.2|
|Price to earnings ratio (x)*||42.2|
|Operating Profits (EBIT)||2,059||1,811||-12.0%||6,602||5,616||-14.9%|
|Operating profit margins (EBIT margin %)||18.2%||17.1%||18.7%||17.1%|
|Operating Profits (EBIT)||43||3||-92.5%||146||112||-23.2%|
|Operating profit margins (EBIT Margin %)||1.6%||0.1%||1.8%||1.5%|
|Rail freight expenses||8,848||8,111||-8.3%||27,267||25,101||-7.9%|
|as a % of sales||63.0%||61.0%||63.0%||62.0%|
|as a % of sales||2.9%||3.1%||2.7%||3.0%|
|as a % of sales||14.4%||16.3%||14.1%||16.5%|
|as a % of sales||80.3%||80.4%||79.8%||81.4%|
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