EVEREADY IND. has announced its results for the year ended March 2019. Let us have a look at the detailed performance review of the company during FY18-19.
No. of Mths Year Ending | 12 Mar-18* | 12 Mar-19* | % Change | |
---|---|---|---|---|
Net Sales | Rs m | 14,564 | 15,066 | 3.5% |
Other income | Rs m | 197 | 353 | 79.0% |
Total Revenues | Rs m | 14,761 | 15,420 | 4.5% |
Gross profit | Rs m | 1,044 | 1,011 | -3.2% |
Depreciation | Rs m | 192 | 218 | 13.5% |
Interest | Rs m | 293 | 548 | 86.9% |
Profit before tax | Rs m | 756 | 598 | -20.9% |
Tax | Rs m | 224 | 120 | -46.7% |
Profit after tax | Rs m | 532 | 478 | -10.0% |
Gross profit margin | % | 7.2 | 6.7 | |
Effective tax rate | % | 29.7 | 20.0 | |
Net profit margin | % | 3.6 | 3.1 |
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No. of Mths Year Ending | 12 Mar-18* | 12 Mar-19* | % Change | |
---|---|---|---|---|
Networth | Rs m | 3,427 | 3,759 | 9.7 |
Current Liabilities | Rs m | 5,840 | 6,069 | 3.9 |
Long-term Debt | Rs m | 855 | 2,100 | 145.7 |
Total Liabilities | Rs m | 10,287 | 12,073 | 17.4 |
Current assets | Rs m | 6,245 | 7,495 | 20.0 |
Fixed Assets | Rs m | 3,603 | 3,474 | -3.6 |
Total Assets | Rs m | 10,287 | 12,073 | 17.4 |
Particulars | No. of months | 12 | 12 | % Change |
---|---|---|---|---|
Year Ending | Mar-18 | Mar-19 | ||
Cash Flow from Operating Activities | Rs m | 808 | 701 | -13.3% |
Cash Flow from Investing Activities | Rs m | -998 | -1,446 | - |
Cash Flow from Financing Activities | Rs m | -370 | 1,567 | - |
Net Cash Flow | Rs m | -560 | 823 | - |
No. of Mths Year Ending | 12 Mar-18* | 12 Mar-19* | |
---|---|---|---|
Sales per share (Unadj.) | Rs | 200.4 | 207.3 |
TTM Earnings per share | Rs | 7.3 | 6.6 |
Diluted earnings per share | Rs | 7.3 | 6.6 |
Price to Cash Flow | x | 4.5 | 4.7 |
TTM P/E ratio | x | 9.2 | 9.2 |
Price / Book Value ratio | x | 7.7 | 5.5 |
Market Cap | Rs m | 3,286 | 3,285 |
Dividends per share (Unadj.) | Rs | 1.5 | 0.0 |
Current Ratio: The company's current ratio improved and stood at 1.2x during FY19, from 1.1x during FY18. The current ratio measures the company's ability to pay short-term and long-term obligations.
Interest Coverage Ratio: The company's interest coverage ratio deteriorated and stood at 2.1x during FY19, from 3.6x during FY18. The interest coverage ratio of a company states how easily a company can pay its interest expense on outstanding debt. A higher ratio is preferable.
Return on Equity (ROE): The ROE for the company declined and down at 12.7% during FY19, from 15.5% during FY19. The ROE measures the ability of a firm to generate profits from its shareholders capital in the company.
Return on Capital Employed (ROCE): The ROCE for the company declined and down at 19.6% during FY19, from 24.5% during FY18. The ROCE measures the ability of a firm to generate profits from its total capital (shareholder capital plus debt capital) employed in the company.
Return on Assets (ROA): The ROA of the company improved and stood at 8.5% during FY19, from 8.0% during FY18. The ROA measures how efficiently the company uses its assets to generate earnings.
No. of Mths Year Ending | 12 Mar-18* | 12 Mar-19* | |
---|---|---|---|
Current ratio | x | 1.1 | 1.2 |
Debtors’ Days | Days | 30 | 33 |
Interest coverage | x | 3.6 | 2.1 |
Debt to equity ratio | x | 0.2 | 0.6 |
Return on assets | % | 8.0 | 8.5 |
Return on equity | % | 15.5 | 12.7 |
Return on capital employed | % | 24.5 | 19.6 |
To see how EVEREADY IND. has performed over the last 5 years, please visit here.
Over the last one year, EVEREADY IND. share price has moved down from Rs 197.4 to Rs 45.2, registering a loss of Rs 152.2 or around 77.1%.
Meanwhile, the S&P BSE CONSUMER DURABLES Index is trading at Rs 26,011.3 (down 0.5%). Over the last one year it has moved up from 19,134.3 to 26,011.3, a gain of 6,877 points (up 35.9%).
Overall, the S&P BSE SENSEX is up 6.0% over the year.
(To know more, check out historical annual results for EVEREADY IND. and quarterly results for EVEREADY IND.)
For the quarter ended December 2020, EVEREADY INDUSTRIES has posted a net profit of Rs 504 m (down 44.3% YoY). Sales on the other hand came in at Rs 3 bn (up 7.2% YoY). Read on for a complete analysis of EVEREADY INDUSTRIES's quarterly results.
For the quarter ended June 2019, EVEREADY IND. has posted a net profit of Rs 69 m (down 62.7% YoY). Sales on the other hand came in at Rs 3 bn (down 16.3% YoY). Read on for a complete analysis of EVEREADY IND.'s quarterly results.
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