FINOLEX INDUSTRIES has announced its results for the year ended March 2018. Let us have a look at the detailed performance review of the company during FY17-18.
No. of Mths Year Ending | 12 Mar-17* | 12 Mar-18* | % Change | |
---|---|---|---|---|
Net Sales | Rs m | 22,171 | 26,442 | 19.3% |
Other income | Rs m | 232 | 244 | 5.3% |
Total Revenues | Rs m | 22,403 | 26,686 | 19.1% |
Gross profit | Rs m | 5,631 | 4,839 | -14.1% |
Depreciation | Rs m | 550 | 606 | 10.1% |
Interest | Rs m | 154 | 98 | -36.2% |
Profit before tax | Rs m | 5,158 | 4,379 | -15.1% |
Tax | Rs m | 1,703 | 1,479 | -13.1% |
Profit after tax | Rs m | 3,455 | 2,900 | -16.1% |
Gross profit margin | % | 25.4 | 18.3 | |
Effective tax rate | % | 33.0 | 33.8 | |
Net profit margin | % | 15.6 | 11.0 |
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No. of Mths Year Ending | 12 Mar-17* | 12 Mar-18* | % Change | |
---|---|---|---|---|
Networth | Rs m | 23,148 | 27,951 | 20.8 |
Current Liabilities | Rs m | 4,595 | 4,911 | 6.9 |
Long-term Debt | Rs m | 0 | 0 | 0.0 |
Total Liabilities | Rs m | 29,967 | 35,060 | 17.0 |
Current assets | Rs m | 7,293 | 8,200 | 12.4 |
Fixed Assets | Rs m | 22,674 | 26,860 | 18.5 |
Total Assets | Rs m | 29,967 | 35,060 | 17.0 |
Particulars | No. of months | 12 | 12 | % Change |
---|---|---|---|---|
Year Ending | Mar-17 | Mar-18 | ||
Cash Flow from Operating Activities | Rs m | 2,517 | 3,384 | 34.4% |
Cash Flow from Investing Activities | Rs m | 346 | -1,619 | - |
Cash Flow from Financing Activities | Rs m | -2,824 | -1,752 | - |
Net Cash Flow | Rs m | 39 | 13 | -66.4% |
No. of Mths Year Ending | 12 Mar-17* | 12 Mar-18* | |
---|---|---|---|
Sales per share (Unadj.) | Rs | 178.7 | 213.1 |
TTM Earnings per share | Rs | 27.8 | 23.4 |
Diluted earnings per share | Rs | 5.6 | 4.7 |
Price to Cash Flow | x | 89.4 | 22.7 |
TTM P/E ratio | x | 104.0 | 135.4 |
Price / Book Value ratio | x | 2.5 | 2.8 |
Market Cap | Rs m | 57,984 | 79,595 |
Dividends per share (Unadj.) | Rs | 2.3 | 2.0 |
Current Ratio: The company's current ratio improved and stood at 1.7x during FY18, from 1.6x during FY17. 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 improved and stood at 45.6x during FY18, from 34.5x during FY17. 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 10.4% during FY18, from 14.9% during FY18. 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 16.0% during FY18, from 22.9% during FY17. 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 declined and down at 8.6% during FY18, from 12.0% during FY17. The ROA measures how efficiently the company uses its assets to generate earnings.
No. of Mths Year Ending | 12 Mar-17* | 12 Mar-18* | |
---|---|---|---|
Current ratio | x | 1.6 | 1.7 |
Debtors’ Days | Days | 86 | 60 |
Interest coverage | x | 34.5 | 45.6 |
Debt to equity ratio | x | 0.0 | 0.0 |
Return on assets | % | 12.0 | 8.6 |
Return on equity | % | 14.9 | 10.4 |
Return on capital employed | % | 22.9 | 16.0 |
To see how FINOLEX INDUSTRIES has performed over the last 5 years, please visit here.
Over the last one year, FINOLEX INDUSTRIES share price has moved up from Rs 577.5 to Rs 651.3, registering a gain of Rs 73.9 or around 12.8%.
Overall, the S&P BSE SENSEX is up 12.1% over the year.
(To know more, check out historical annual results for FINOLEX INDUSTRIES and quarterly results for FINOLEX INDUSTRIES)
FINOLEX INDUSTRIES currently trades at Rs 272.0 per share. You can check out the latest share price performance of FINOLEX INDUSTRIES here...
The revenues of FINOLEX INDUSTRIES stood at Rs 26,686 m in FY18, which was up 19.1% compared to Rs 22,403 m reported in FY17.
FINOLEX INDUSTRIES' revenue has grown from Rs 3,145 m in FY02 to Rs 26,686 m in FY18.
Over the past 17 years, the revenue of FINOLEX INDUSTRIES has grown at a CAGR of 14.3%.
The net profit of FINOLEX INDUSTRIES stood at Rs 2,900 m in FY18, which was down -16.1% compared to Rs 3,455 m reported in FY17.
This compares to a net profit of Rs 2,473 m in FY16 and a net profit of Rs 804 m in FY03.
Over the past 17 years, FINOLEX INDUSTRIES net profit has grown at a CAGR of 10.4%.
The cash flow statement is the financial statement that presents the cash inflows and outflows of a company during a given period of time.
This statement is one of the most useful tools for judging a company's liquidity position. The ratios and parameters in this statement helps test a company's financial health.
The cash flow statement of FINOLEX INDUSTRIES reveals:
Here's the cash flow statement of FINOLEX INDUSTRIES for the past 17 years.
(Rs m) | FY02 | FY03 | FY16 | FY17 | FY18 |
---|---|---|---|---|---|
From Operations | 1,151 | 895 | 5,690 | 2,517 | 3,384 |
From Investments | 503 | -1,477 | -772 | 346 | -1,619 |
From Financial Activity | -1,526 | 572 | -4,937 | -2,824 | -1,752 |
Net Cashflow | 128 | -9 | -19 | 39 | 13 |
Be it the company's profitability, operations effectiveness or utilization of funds, ratio analysis is an important tool which helps in making investment decisions.
The ratio/financial analysis of FINOLEX INDUSTRIES reveals:
Here's the ratio/financial analysis of FINOLEX INDUSTRIES for the past 17 years.
FY02 | FY03 | FY16 | FY17 | FY18 | |
---|---|---|---|---|---|
Operating Profit Margin (%) | 35.0 | 31.0 | 17.3 | 25.4 | 18.3 |
Net Profit Margin (%) | 19.4 | 15.2 | 10.0 | 15.6 | 11.0 |
Debt to Equity Ratio (x) | 0.7 | 0.9 | 0.0 | 0.0 | 0.0 |
Read: Latest Annual Report Analysis of FINOLEX INDUSTRIES
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1 Responses to "FINOLEX INDUSTRIES 2017-18 Annual Report Analysis"
sanjeev latti
Mar 2, 20202017to2018 and 2018to2019 annual repotrs sir