GHCL 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 | 29,192 | 33,413 | 14.5% |
Other income | Rs m | 379 | 155 | -59.1% |
Total Revenues | Rs m | 29,572 | 33,568 | 13.5% |
Gross profit | Rs m | 6,061 | 7,594 | 25.3% |
Depreciation | Rs m | 1,101 | 1,169 | 6.2% |
Interest | Rs m | 1,266 | 1,273 | 0.6% |
Profit before tax | Rs m | 4,074 | 5,306 | 30.2% |
Tax | Rs m | 511 | 1,801 | 252.7% |
Profit after tax | Rs m | 3,564 | 3,506 | -1.6% |
Gross profit margin | % | 20.8 | 22.7 | |
Effective tax rate | % | 12.5 | 33.9 | |
Net profit margin | % | 12.1 | 10.4 |
No. of Mths Year Ending | 12 Mar-18* | 12 Mar-19* | % Change | |
---|---|---|---|---|
Networth | Rs m | 16,108 | 19,255 | 19.5 |
Current Liabilities | Rs m | 10,717 | 11,082 | 3.4 |
Long-term Debt | Rs m | 7,443 | 7,020 | -5.7 |
Total Liabilities | Rs m | 36,281 | 39,949 | 10.1 |
Current assets | Rs m | 10,003 | 11,995 | 19.9 |
Fixed Assets | Rs m | 25,752 | 27,085 | 5.2 |
Total Assets | Rs m | 36,281 | 39,949 | 10.1 |
Particulars | No. of months | 12 | 12 | % Change |
---|---|---|---|---|
Year Ending | Mar-18 | Mar-19 | ||
Cash Flow from Operating Activities | Rs m | 5,895 | 5,302 | -10.1% |
Cash Flow from Investing Activities | Rs m | -2,794 | -2,712 | - |
Cash Flow from Financing Activities | Rs m | -3,078 | -2,584 | - |
Net Cash Flow | Rs m | 23 | 6 | -73.8% |
No. of Mths Year Ending | 12 Mar-18* | 12 Mar-19* | |
---|---|---|---|
Sales per share (Unadj.) | Rs | 299.7 | 340.8 |
TTM Earnings per share | Rs | 36.6 | 35.8 |
Diluted earnings per share | Rs | 35.6 | 35.1 |
Price to Cash Flow | x | 5.1 | 5.2 |
TTM P/E ratio | x | 6.6 | 6.8 |
Price / Book Value ratio | x | 1.7 | 1.2 |
Market Cap | Rs m | 23,844 | 24,480 |
Dividends per share (Unadj.) | Rs | 5.0 | 5.0 |
Current Ratio: The company's current ratio improved and stood at 1.1x during FY19, from 0.9x 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 5.2x during FY19, from 4.2x 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 18.2% during FY19, from 22.1% 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 improved and stood at 25.0% during FY19, from 22.7% 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 declined and down at 12.0% during FY19, from 13.3% 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 | 0.9 | 1.1 |
Debtors’ Days | Days | 29 | 32 |
Interest coverage | x | 4.2 | 5.2 |
Debt to equity ratio | x | 0.5 | 0.4 |
Return on assets | % | 13.3 | 12.0 |
Return on equity | % | 22.1 | 18.2 |
Return on capital employed | % | 22.7 | 25.0 |
To see how GHCL has performed over the last 5 years, please visit here.
Over the last one year, GHCL share price has moved up from Rs 275.5 to Rs 244.8, registering a loss of Rs 30.8 or around 11.2%.
Overall, the S&P BSE SENSEX is up 13.6% over the year.
(To know more, check out historical annual results for GHCL and quarterly results for GHCL)
For the quarter ended March 2020, GHCL has posted a net profit of Rs 799 m (down 32.6% YoY). Sales on the other hand came in at Rs 7 bn (down 19.5% YoY). Read on for a complete analysis of GHCL's quarterly results.
For the quarter ended December 2019, GHCL has posted a net profit of Rs 1 bn (down 1.4% YoY). Sales on the other hand came in at Rs 8 bn (down 4.1% YoY). Read on for a complete analysis of GHCL's quarterly results.
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