GUJ.AMB.EXP. 2017-18 Annual Report Analysis

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?  

GUJ.AMB.EXP. 2017-18 Annual Report Analysis
Fri, 21 Dec

GUJ.AMB.EXP. 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.

GUJ.AMB.EXP. Income Statement Analysis

  • Operating income during the year rose 0.9% on a year-on-year (YoY) basis.
  • The company's operating profit increased by 17.2% YoY during the fiscal. Operating profit margins witnessed a fall and down at 9.4% in FY18 as against 8.1% in FY17.
  • Depreciation charges increased by 6.8% and finance costs decreased by 21.3% YoY, respectively.
  • Other income declined by 60.0% YoY.
  • Net profit for the year grew by 13.5% YoY.
  • Net profit margins during the year grew from 4.7% in FY17 to 5.3% in FY18.

GUJ.AMB.EXP. Income Statement 2017-18

No. of Mths Year Ending 12 Mar-17* 12 Mar-18* % Change
Net Sales Rs m 33,336 33,644 0.9%
Other income Rs m 228 91 -60.0%
Total Revenues Rs m 33,564 33,735 0.5%
Gross profit Rs m 2,708 3,173 17.2%
Depreciation Rs m 714 763 6.8%
Interest Rs m 228 179 -21.3%
Profit before tax Rs m 1,994 2,322 16.4%
Tax Rs m 408 523 28.1%
Profit after tax Rs m 1,586 1,799 13.5%
Gross profit margin % 8.1 9.4
Effective tax rate % 20.5 22.5
Net profit margin % 4.7 5.3
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster



GUJ.AMB.EXP. Balance Sheet Analysis

  • The company's current liabilities during FY18 stood at Rs 8 billion as compared to Rs 8 billion in FY17, thereby witnessing an increase of 2.7%.
  • Long-term debt down at Rs 72 million as compared to Rs 145 million during FY17, a fall of 50.0%.
  • Current assets rose 16% and stood at Rs 10 billion, while fixed assets rose 7% and stood at Rs 8 billion in FY18.
  • Overall, the total assets and liabilities for FY18 stood at Rs 19 billion as against Rs 17 billion during FY17, thereby witnessing a growth of 11%.

GUJ.AMB.EXP. Balance Sheet as on March 2018

No. of Mths Year Ending 12 Mar-17* 12 Mar-18* % Change
Networth Rs m 8,531 10,224 19.8
 
Current Liabilities Rs m 7,921 8,135 2.7
Long-term Debt Rs m 145 72 -50.0
Total Liabilities Rs m 17,088 18,948 10.9
 
Current assets Rs m 8,736 10,115 15.8
Fixed Assets Rs m 7,734 8,261 6.8
Total Assets Rs m 17,088 18,948 10.9
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster



GUJ.AMB.EXP. Cash Flow Statement Analysis

  • GUJ.AMB.EXP.'s cash flow from operating activities (CFO) during FY18 stood at Rs 1 billion, an improvement of 144.1% on a YoY basis.
  • Cash flow from investing activities (CFI) during FY18 stood at Rs -1 billion, an improvement of 6.9% on a YoY basis.
  • Cash flow from financial activities (CFF) during FY18 stood at Rs -129 million on a YoY basis.
  • Overall, net cash flows for the company during FY18 stood at Rs 1 million from the Rs -14 million net cash flows seen during FY17.

GUJ.AMB.EXP. Cash Flow Statement 2017-18

Particulars No. of months 12 12 % Change
Year Ending Mar-17 Mar-18
Cash Flow from Operating Activities Rs m 567 1,385 144.1%
Cash Flow from Investing Activities Rs m -1,173 -1,254 -
Cash Flow from Financing Activities Rs m 592 -129 -
Net Cash Flow Rs m -14 1 -
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster



Current Valuations for GUJ.AMB.EXP.

  • The trailing twelve-month earnings per share (EPS) of the company stands at Rs 15.7, an improvement from the EPS of Rs 13.8 recorded last year.
  • The price to earnings (P/E) ratio, at the current price of Rs 251.5, stands at 15.3 times its trailing twelve months earnings.
  • The price to book value (P/BV) ratio at current price levels stands at 2.2 times, while the price to sales ratio stands at 0.7 times.
  • The company's price to cash flow (P/CF) ratio stood at 13.7 times its end-of-year operating cash flow earnings.

Per Share Data/Valuations

No. of Mths Year Ending 12 Mar-17* 12 Mar-18*
Sales per share (Unadj.) Rs 290.7 293.4
TTM Earnings per share Rs 13.8 15.7
Diluted earnings per share Rs 11.4 12.9
Price to Cash Flow x 12.5 13.7
TTM P/E ratio x 12.6 15.3
Price / Book Value ratio x 1.1 2.2
Market Cap Rs m 28,840 34,996
Dividends per share (Unadj.) Rs 0.8 0.9
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster



Ratio Analysis for GUJ.AMB.EXP.

  • Solvency Ratios
  • Current Ratio: The company's current ratio improved and stood at 1.2x during FY18, from 1.1x 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 deteriorated and stood at 13.9x during FY18, from 9.7x 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.

  • Profitability Ratios
  • Return on Equity (ROE): The ROE for the company declined and down at 17.6% during FY18, from 18.6% 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 24.3% during FY18, from 25.6% 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 10.4% during FY18, from 10.6% during FY17. The ROA measures how efficiently the company uses its assets to generate earnings.

Key Ratio Analysis

No. of Mths Year Ending 12 Mar-17* 12 Mar-18*
Current ratio x 1.1 1.2
Debtors’ Days Days 23 25
Interest coverage x 9.7 13.9
Debt to equity ratio x 0.0 0.0
Return on assets % 10.6 10.4
Return on equity % 18.6 17.6
Return on capital employed % 25.6 24.3
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster



To see how GUJ.AMB.EXP. has performed over the last 5 years, please visit here.

GUJ.AMB.EXP. Share Price Performance

Over the last one year, GUJ.AMB.EXP. share price has moved up from Rs 200.7 to Rs 251.5, registering a gain of Rs 50.8 or around 25.3%.

Overall, the S&P BSE SENSEX is up 7.6% over the year.

(To know more, check out historical annual results for GUJ.AMB.EXP. and quarterly results for GUJ.AMB.EXP.)

Equitymaster requests your view! Post a comment on "GUJ.AMB.EXP. 2017-18 Annual Report Analysis". Click here!

  

Related Views on News

GUJ.AMB.EXP. 2018-19 Annual Report Analysis (Annual Result Update)

Sep 16, 2019 | Updated on Sep 16, 2019

Here's an analysis of the annual report of GUJ.AMB.EXP. for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of GUJ.AMB.EXP.. Also includes updates on the valuation of GUJ.AMB.EXP..

GUJ.AMB.EXP. Announces Quarterly Results (1QFY20); Net Profit Down 57.2% (Quarterly Result Update)

Aug 6, 2019 | Updated on Aug 6, 2019

For the quarter ended June 2019, GUJ.AMB.EXP. has posted a net profit of Rs 227 m (down 57.2% YoY). Sales on the other hand came in at Rs 10 bn (up 25.8% YoY). Read on for a complete analysis of GUJ.AMB.EXP.'s quarterly results.

GUJ.AMB.EXP. Announces Quarterly Results (4QFY19); Net Profit Down 60.1% (Quarterly Result Update)

Jun 5, 2019 | Updated on Jun 5, 2019

For the quarter ended March 2019, GUJ.AMB.EXP. has posted a net profit of Rs 315 m (down 60.1% YoY). Sales on the other hand came in at Rs 13 bn (up 43.5% YoY). Read on for a complete analysis of GUJ.AMB.EXP.'s quarterly results.

Galaxy Surfactants Ltd. (IPO)

Jan 27, 2018

Should you subscribe to the IPO of Galaxy Surfactants Ltd?

More Views on News

Most Popular

My 3 Best Small-cap Stocks to Get Rich in this Market Rebound(Profit Hunter)

Oct 14, 2019

This is once in a decade opportunity to make a killing from smallcap rebound.

Finally, Is the Share Price of Yes Bank Ready for a Rebound?(The 5 Minute Wrapup)

Oct 7, 2019

Here's what every individual investor must know about Yes Bank...

Two Stocks to Buy in the Great Indian Festival(Profit Hunter)

Oct 11, 2019

Discounts are not just limited to E-tailers. You can buy stocks at 50% off too. Here are two stocks to buy now.

The One Stock I Like in this Market(The 5 Minute Wrapup)

Oct 10, 2019

There are rare periods in markets when you get good quality stocks at attractive valuations. Is this one such period?

5 Smart Money Stocks to Profit from the Market Rebound(The 5 Minute Wrapup)

Oct 11, 2019

Now is the time to put money in these 5 stocks to take advantage of the recovery in the economy and the markets.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2020
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

TRACK GUJ.AMB.EXP.

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

GUJ.AMB.EXP. - LAKSHMI OVERSEAS IND. COMPARISON

COMPARE GUJ.AMB.EXP. WITH

MARKET STATS