GUJ.AMB.EXP. 2018-19 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?  

Markets will remain closed on May 13, 2021 on account of Id-Ul-Fitr (Ramzan Id).

GUJ.AMB.EXP. 2018-19 Annual Report Analysis
Mon, 16 Sep

GUJ.AMB.EXP. 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.

GUJ.AMB.EXP. Income Statement Analysis

  • Operating income during the year rose 19.5% on a year-on-year (YoY) basis.
  • The company's operating profit increased by 17.4% YoY during the fiscal. Operating profit margins witnessed a fall and stood at 9.3% in FY19 as against 9.4% in FY18.
  • Depreciation charges increased by 25.4% and finance costs increased by 4.9% YoY, respectively.
  • Other income grew by 27.8% YoY.
  • Net profit for the year grew by 10.2% YoY.
  • Net profit margins during the year declined from 5.3% in FY18 to 4.9% in FY19.

GUJ.AMB.EXP. Income Statement 2018-19

No. of Mths Year Ending 12 Mar-18* 12 Mar-19* % Change
Net Sales Rs m 33,644 40,214 19.5%
Other income Rs m 91 116 27.8%
Total Revenues Rs m 33,735 40,331 19.6%
Gross profit Rs m 3,173 3,724 17.4%
Depreciation Rs m 763 957 25.4%
Interest Rs m 179 188 4.9%
Profit before tax Rs m 2,322 2,696 16.1%
Tax Rs m 523 714 36.6%
Profit after tax Rs m 1,799 1,982 10.2%
Gross profit margin % 9.4 9.3
Effective tax rate % 22.5 26.5
Net profit margin % 5.3 4.9
* 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 FY19 down at Rs 5 billion as compared to Rs 8 billion in FY18, thereby witnessing an decrease of -44.4%.
  • Long-term debt down at Rs 8 million as compared to Rs 72 million during FY18, a fall of 89.2%.
  • Current assets fell 18% and stood at Rs 8 billion, while fixed assets fell 1% and stood at Rs 8 billion in FY19.
  • Overall, the total assets and liabilities for FY19 stood at Rs 17 billion as against Rs 19 billion during FY18, thereby witnessing a fall of 9%.

GUJ.AMB.EXP. Balance Sheet as on March 2019

No. of Mths Year Ending 12 Mar-18* 12 Mar-19* % Change
Networth Rs m 10,224 12,082 18.2
 
Current Liabilities Rs m 8,135 4,527 -44.4
Long-term Debt Rs m 72 8 -89.2
Total Liabilities Rs m 18,948 17,152 -9.5
 
Current assets Rs m 10,247 8,442 -17.6
Fixed Assets Rs m 8,261 8,138 -1.5
Total Assets Rs m 18,948 17,152 -9.5
* 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 FY19 stood at Rs 6 billion, an improvement of 313.7% on a YoY basis.
  • Cash flow from investing activities (CFI) during FY19 stood at Rs -1 billion on a YoY basis.
  • Cash flow from financial activities (CFF) during FY19 stood at Rs -5 billion on a YoY basis.
  • Overall, net cash flows for the company during FY19 stood at Rs 79 million from the Rs 1 million net cash flows seen during FY18.

GUJ.AMB.EXP. Cash Flow Statement 2018-19

Particulars No. of months 12 12 % Change
Year Ending Mar-18 Mar-19
Cash Flow from Operating Activities Rs m 1,385 5,728 313.7%
Cash Flow from Investing Activities Rs m -1,255 -1,103 -
Cash Flow from Financing Activities Rs m -129 -4,546 -
Net Cash Flow Rs m 1 79 7,090.9%
* 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 17.3, an improvement from the EPS of Rs 15.7 recorded last year.
  • The price to earnings (P/E) ratio, at the current price of Rs 166.0, stands at 13.8 times its trailing twelve months earnings.
  • The price to book value (P/BV) ratio at current price levels stands at 2.3 times, while the price to sales ratio stands at 0.7 times.
  • The company's price to cash flow (P/CF) ratio stood at 7.9 times its end-of-year operating cash flow earnings.

Per Share Data/Valuations

No. of Mths Year Ending 12 Mar-18* 12 Mar-19*
Sales per share (Unadj.) Rs 293.4 350.7
TTM Earnings per share Rs 15.7 17.3
Diluted earnings per share Rs 12.9 14.2
Price to Cash Flow x 7.4 7.9
TTM P/E ratio x 11.3 13.8
Price / Book Value ratio x 2.2 2.3
Market Cap Rs m 19,029 23,092
Dividends per share (Unadj.) Rs 0.9 1.0
* 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 1.9x during FY19, from 1.3x 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 improved and stood at 15.3x during FY19, from 13.9x 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.

  • Profitability Ratios
  • Return on Equity (ROE): The ROE for the company declined and down at 16.4% during FY19, from 17.6% 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 23.9% during FY19, from 24.3% 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 12.7% during FY19, from 10.4% during FY18. The ROA measures how efficiently the company uses its assets to generate earnings.

Key Ratio Analysis

No. of Mths Year Ending 12 Mar-18* 12 Mar-19*
Current ratio x 1.3 1.9
Debtors’ Days Days 25 20
Interest coverage x 13.9 15.3
Debt to equity ratio x 0.0 0.0
Return on assets % 10.4 12.7
Return on equity % 17.6 16.4
Return on capital employed % 24.3 23.9
* 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 down from Rs 214.0 to Rs 166.0, registering a loss of Rs 48.1 or around 22.5%.

Overall, the S&P BSE SENSEX is down 2.5% 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. 2018-19 Annual Report Analysis". Click here!

  

Related Views on News

GUJ.AMB.EXP. Announces Quarterly Results (4QFY20); Net Profit Up 72.8% (Quarterly Result Update)

May 26, 2020 | Updated on May 26, 2020

For the quarter ended March 2020, GUJ.AMB.EXP. has posted a net profit of Rs 544 m (up 72.8% YoY). Sales on the other hand came in at Rs 9 bn (down 28.9% YoY). Read on for a complete analysis of GUJ.AMB.EXP.'s quarterly results.

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.

More Views on News

Most Popular

The Next Smallcap Winners(Profit Hunter)

Apr 30, 2021

Price is the only due diligence one might require to buy this business.

Time to Buy Smallcaps?(Fast Profits Daily)

Apr 30, 2021

In this video, I'll show you why I favour smallcaps over the Nifty.

Are the Stock Markets Deaf to Covid Agony?(Profit Hunter)

May 6, 2021

Why are markets discounting the economic impact of Covid?

My Secret to Find Breakthrough Stocks(Fast Profits Daily)

May 7, 2021

I've used this trading technique for many years with great success. I'm sharing it with you today.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

TRACK GUJARAT AMBUJA

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

MORE ON GUJARAT AMBUJA

GUJARAT AMBUJA 8-QTR ANALYSIS

COMPARE GUJARAT AMBUJA WITH

MARKET STATS