Archies's dissenting profit growth in 1Q - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Archies's dissenting profit growth in 1Q

Jul 24, 2000

Archies Greetings & Gifts Ltd's profits dropped in the 1QFY01 to Rs 17 m. The margins of the company declined to 24.5% (from 25.6% in 1QFY00) due to 53% increase in the staff cost.

(Rs m)1QFY001QFY01Change
Sales 115 113 -1.9%
Other Income 1 2 24.9%
Expenditure 86 85 -0.4%
Operating Profit (EBDIT) 29 28 -6.0%
Operating Profit Margin (%)25.6%24.5% 
Interest - 1  
Depreciation 2 3 11.1%
Profit before Tax2826-9.0%
Tax 8 9 6.7%
Profit after Tax/(Loss) 20 17 -15.6%
Net profit margin (%)17.3%14.9% 
No. of Shares (eoy) (m) 3.3 6.5  
Diluted number of shares 6.5 6.5  
Diluted Earnings per share*12.210.3 
*(annualised)   

The company is in the process of implementing a complete change in distribution and retail network. It has added 14 franchisees during the quarter taking the total to 447. It has also entered into e-commerce activities through its subsidiary and has launched a vertical portal for online shopping.

At the current market price of Rs 240, Archies is trading at a P/E multiple of 23 times its 1QFY01 annualised earnings. Its 52 week P/E range was 25-75 times.

Equitymaster requests your view! Post a comment on "Archies's dissenting profit growth in 1Q". Click here!

  

More Views on News

Adani Wilmar IPO to Hit the Market Soon. Should you Apply? (Views On News)

Nov 29, 2021

The parent company of the brand Fortune is set to raise Rs 45 bn from the market.

What Happens if ITC Hives off ITC Infotech? (Views On News)

Nov 20, 2021

The cigarette to hotel conglomerate is reportedly mulling the demerger of its software business at a valuation of around Rs 250 bn.

What Sparked an 8% Rally in ITC Shares Today? (Views On News)

Sep 16, 2021

ITC did not participate in the rally after the second wave and continued to underperform its peers. Is this about to change?

HUL's Marketcap Tops Rs 6 Tn. Key Factors Driving the Stock (Views On News)

Aug 21, 2021

HUL became the fifth Indian company to achieve the milestone of a Rs 6-tn market capitalisation.

Godrej Consumer Products Shares Decline Post June Quarter Results (Views On News)

Aug 5, 2021

Adi Godrej, the Chairman of the Godrej Group, has decided to step down from the board of directors of the company.

More Views on News

Most Popular

Infosys vs TCS: Which is Better? (Views On News)

Nov 26, 2021

In the post pandemic era, the top two IT companies in India are fighting to capture the growing demand for IT.

This Multibagger Stock Zooms 20% After Dolly Khanna Buys Stake (Views On News)

Nov 24, 2021

Shares of this edible oil company zoomed over 50% in three days after ace investor bought around 1% stake.

6 Popular Stocks that Turned into Penny Stocks (Views On News)

Nov 27, 2021

A look at popular stocks that crashed big time and never recovered, i.e. which went from 'Multibaggers to Multibeggers'.

How to Find Your Next 10-Bagger in this Market (Profit Hunter)

Nov 19, 2021

The #1 make or break factor in your portfolio you shouldn't ignore.

MobiKwik IPO Opens for Subscription Soon. Key Things to Know Before Subscribing. (Views On News)

Nov 20, 2021

The Rs 19 bn issue is set to hit the market soon.

More

Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

ARCHIES SHARE PRICE


Dec 1, 2021 (Close)

TRACK ARCHIES

  • Track your investment in ARCHIES with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

COMPARE ARCHIES WITH

MARKET STATS