NMDC LTD 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 | 116,149 | 121,527 | 4.6% |
Other income | Rs m | 5,232 | 5,890 | 12.6% |
Total Revenues | Rs m | 121,381 | 127,416 | 5.0% |
Gross profit | Rs m | 58,033 | 69,244 | 19.3% |
Depreciation | Rs m | 2,566 | 2,790 | 8.7% |
Interest | Rs m | 371 | 403 | 8.7% |
Profit before tax | Rs m | 60,328 | 71,940 | 19.2% |
Tax | Rs m | 23,733 | 25,565 | 7.7% |
Profit after tax | Rs m | 38,085 | 46,184 | 21.3% |
Gross profit margin | % | 50.0 | 57.0 | |
Effective tax rate | % | 39.3 | 35.5 | |
Net profit margin | % | 31.4 | 36.2 |
No. of Mths Year Ending | 12 Mar-18* | 12 Mar-19* | % Change | |
---|---|---|---|---|
Networth | Rs m | 244,174 | 260,440 | 6.7 |
Current Liabilities | Rs m | 35,449 | 30,648 | -13.5 |
Long-term Debt | Rs m | 0 | 0 | 0.0 |
Total Liabilities | Rs m | 286,913 | 298,919 | 4.2 |
Current assets | Rs m | 88,643 | 79,773 | -10.0 |
Fixed Assets | Rs m | 160,023 | 173,313 | 8.3 |
Total Assets | Rs m | 286,913 | 298,919 | 4.2 |
Particulars | No. of months | 12 | 12 | % Change |
---|---|---|---|---|
Year Ending | Mar-18 | Mar-19 | ||
Cash Flow from Operating Activities | Rs m | 33,763 | 40,966 | 21.3% |
Cash Flow from Investing Activities | Rs m | -18,649 | -7,892 | - |
Cash Flow from Financing Activities | Rs m | -15,572 | -32,961 | - |
Net Cash Flow | Rs m | -458 | 113 | - |
No. of Mths Year Ending | 12 Mar-18* | 12 Mar-19* | |
---|---|---|---|
Sales per share (Unadj.) | Rs | 36.7 | 39.7 |
TTM Earnings per share | Rs | 12.0 | 15.1 |
Diluted earnings per share | Rs | 9.6 | 11.6 |
Price to Cash Flow | x | 6.5 | 6.8 |
TTM P/E ratio | x | 5.5 | 6.9 |
Price / Book Value ratio | x | 1.7 | 1.3 |
Market Cap | Rs m | 265,293 | 332,442 |
Dividends per share (Unadj.) | Rs | 4.3 | 5.5 |
Current Ratio: The company's current ratio improved and stood at 2.6x during FY19, from 2.5x 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 179.4x during FY19, from 163.6x 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 improved and stood at 17.7% during FY19, from 15.6% 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 improved and stood at 27.7% during FY19, from 25.5% 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 15.6% during FY19, from 13.4% 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 | 2.5 | 2.6 |
Debtors’ Days | Days | 46 | 43 |
Interest coverage | x | 163.6 | 179.4 |
Debt to equity ratio | x | 0.0 | 0.0 |
Return on assets | % | 13.4 | 15.6 |
Return on equity | % | 15.6 | 17.7 |
Return on capital employed | % | 25.5 | 27.7 |
To see how NMDC LTD has performed over the last 5 years, please visit here.
Over the last one year, NMDC LTD share price has moved down from Rs 119.1 to Rs 83.9, registering a loss of Rs 35.3 or around 29.6%.
Overall, the S&P BSE SENSEX is down 2.7% over the year.
(To know more, check out historical annual results for NMDC LTD and quarterly results for NMDC LTD)
For the quarter ended December 2019, NMDC LTD has posted a net profit of Rs 14 bn (down 12.7% YoY). Sales on the other hand came in at Rs 30 bn (down 17.6% YoY). Read on for a complete analysis of NMDC LTD's quarterly results.
For the quarter ended June 2019, NMDC LTD has posted a net profit of Rs 12 bn (up 20.9% YoY). Sales on the other hand came in at Rs 33 bn (up 34.8% YoY). Read on for a complete analysis of NMDC LTD's quarterly results.
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