UNITED SPIRITS 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 | 85,906 | 93,408 | 8.7% |
Other income | Rs m | 2,189 | 692 | -68.4% |
Total Revenues | Rs m | 88,095 | 94,100 | 6.8% |
Gross profit | Rs m | 12,072 | 13,918 | 15.3% |
Depreciation | Rs m | 1,923 | 2,147 | 11.6% |
Interest | Rs m | 2,775 | 2,372 | -14.5% |
Profit before tax | Rs m | 9,563 | 10,091 | 5.5% |
Tax | Rs m | 2,599 | 3,281 | 26.2% |
Profit after tax | Rs m | 6,519 | 6,836 | 4.9% |
Gross profit margin | % | 14.1 | 14.9 | |
Effective tax rate | % | 27.2 | 32.5 | |
Net profit margin | % | 7.4 | 7.3 |
No. of Mths Year Ending | 12 Mar-18* | 12 Mar-19* | % Change | |
---|---|---|---|---|
Networth | Rs m | 24,191 | 30,903 | 27.7 |
Current Liabilities | Rs m | 56,777 | 51,878 | -8.6 |
Long-term Debt | Rs m | 7,628 | 7,804 | 2.3 |
Total Liabilities | Rs m | 89,258 | 91,089 | 2.1 |
Current assets | Rs m | 56,619 | 52,638 | -7.0 |
Fixed Assets | Rs m | 18,931 | 19,848 | 4.8 |
Total Assets | Rs m | 89,258 | 91,089 | 2.1 |
Particulars | No. of months | 12 | 12 | % Change |
---|---|---|---|---|
Year Ending | Mar-18 | Mar-19 | ||
Cash Flow from Operating Activities | Rs m | 9,251 | 9,483 | 2.5% |
Cash Flow from Investing Activities | Rs m | 1,044 | -655 | - |
Cash Flow from Financing Activities | Rs m | -9,661 | -8,083 | - |
Net Cash Flow | Rs m | 634 | 745 | 17.5% |
No. of Mths Year Ending | 12 Mar-18* | 12 Mar-19* | |
---|---|---|---|
Sales per share (Unadj.) | Rs | 591.2 | 642.8 |
TTM Earnings per share | Rs | 44.9 | 47.0 |
Diluted earnings per share | Rs | 44.9 | 47.0 |
Price to Cash Flow | x | 10.5 | 9.9 |
TTM P/E ratio | x | 11.4 | 11.4 |
Price / Book Value ratio | x | 17.5 | 3.1 |
Market Cap | Rs m | 88,558 | 88,564 |
Dividends per share (Unadj.) | Rs | 0.0 | 0.0 |
Current Ratio: The company's current ratio improved and stood at 1.0x during FY19, from 1.0x 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 5.3x during FY19, from 4.4x 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 22.1% during FY19, from 26.9% 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 32.3% during FY19, from 37.4% 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 10.1% during FY19, from 10.4% 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 | 1.0 | 1.0 |
Debtors’ Days | Days | 115 | 99 |
Interest coverage | x | 4.4 | 5.3 |
Debt to equity ratio | x | 0.3 | 0.3 |
Return on assets | % | 10.4 | 10.1 |
Return on equity | % | 26.9 | 22.1 |
Return on capital employed | % | 37.4 | 32.3 |
To see how UNITED SPIRITS has performed over the last 5 years, please visit here.
Over the last one year, UNITED SPIRITS share price has moved up from Rs 581.8 to Rs 609.4, registering a gain of Rs 27.6 or around 4.7%.
Overall, the S&P BSE SENSEX is down 2.5% over the year.
(To know more, check out historical annual results for UNITED SPIRITS and quarterly results for UNITED SPIRITS)
For the quarter ended March 2020, UNITED SPIRITS has posted a net profit of Rs 239 m (down 81.1% YoY). Sales on the other hand came in at Rs 64 bn (down 11.0% YoY). Read on for a complete analysis of UNITED SPIRITS's quarterly results.
Does the company with one of the fastest-growing QSR chains in India have sound prospects?
For the quarter ended December 2019, UNITED SPIRITS has posted a net profit of Rs 3 bn (up 34.5% YoY). Sales on the other hand came in at Rs 78 bn (up 0.6% YoY). Read on for a complete analysis of UNITED SPIRITS's quarterly results.
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