ACC Announces Quarterly Results (4QFY19); Net Profit Up 38.5%

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?  

ACC Announces Quarterly Results (4QFY19); Net Profit Up 38.5%
Thu, 25 Apr

ACC has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:

ACC Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m36,24638,95639,1910.6%8.1%
Other incomeRs m4743001,566421.8%230.7%
TurnoverRs m36,72039,25640,7573.8%11.0%
ExpensesRs m31,32734,07833,874-0.6%8.1%
Gross profitRs m4,9194,8785,3179.0%8.1%
DepreciationRs m1,4831,5521,476-4.9%-0.5%
InterestRs m182224209-6.7%14.5%
Profit before taxRs m3,7283,4035,19952.8%39.5%
TaxRs m1,254-3,8911,77141.3%
Profit after taxRs m2,4747,2943,428-53.0%38.5%
Gross profit margin%13.612.513.6
Effective tax rate%33.6-114.334.1
Net profit margin%6.718.68.4
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 8.1% on a year-on-year (YoY) basis. The expenses were up by 8.1% YoY during the same period.
  • The company's operating profit increased by 8.1% YoY during the quarter. Consequently, operating profit margins remained same and stood at 13.6% in 4QFY19.
  • Depreciation charges declined by 0.5% and finance costs increased by 14.5% YoY, respectively.
  • Other income increased by 230.7% YoY during the quarter.
  • Net profit for the quarter increased by 38.5% YoY. Net profit margins during the quarter increased from 6.7% in 4QFY18 to 8.4% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 0.6% on a quarter-on-quarter (QoQ) basis. The expenses were down by 0.6% QoQ during the same period.
  • The company's operating profit increased by 9.0% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 13.6% in 4QFY19 as against 12.5% in 3QFY18.
  • Net profit for the quarter declined by 53.0% QoQ, while net profit margins declined from 18.6% in 3QFY18 to 8.4% in 4QFY19.

To see how ACC has performed over the last eight quarters, please visit here.

ACC Share Price Performance

Over the last one year, ACC share price has moved up from Rs 1,565.6 to Rs 1,622.1, registering a Gain of Rs 56.5 or around 3.6%.

Overall, the S&P BSE SENSEX is up 11.9% over the year.

Current Valuations

At the current price of Rs 1,622.1, the price to earnings (P/E) ratio of ACC stands at 19.0 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.9 times.

Equitymaster requests your view! Post a comment on "ACC Announces Quarterly Results (4QFY19); Net Profit Up 38.5%". Click here!

  

Related Views on News

ACC Announces Quarterly Results (4QFY20); Net Profit Down 6.4% (Quarterly Result Update)

Apr 24, 2020 | Updated on Apr 24, 2020

For the quarter ended March 2020, ACC has posted a net profit of Rs 3 bn (down 6.4% YoY). Sales on the other hand came in at Rs 35 bn (down 10.7% YoY). Read on for a complete analysis of ACC 's quarterly results.

ACC Announces Quarterly Results (3QFY20); Net Profit Down 63.2% (Quarterly Result Update)

Feb 10, 2020 | Updated on Feb 10, 2020

For the quarter ended December 2019, ACC has posted a net profit of Rs 3 bn (down 63.2% YoY). Sales on the other hand came in at Rs 41 bn (up 4.2% YoY). Read on for a complete analysis of ACC 's quarterly results.

ACC LTD 2017-18 Annual Report Analysis (Annual Result Update)

Mar 5, 2019 | Updated on Mar 5, 2019

Here's an analysis of the annual report of ACC LTD for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of ACC LTD. Also includes updates on the valuation of ACC LTD.

ACC LTD 2016-17 Annual Report Analysis (Annual Result Update)

Sep 17, 2018 | Updated on Sep 17, 2018

Here's an analysis of the annual report of ACC LTD for 2016-17. It includes a full income statement, balance sheet and cash flow analysis of ACC LTD. Also includes updates on the valuation of ACC LTD.

More Views on News

Most Popular

Protect Your Wealth from Fund Managers(Fast Profits Daily)

May 14, 2020

Do you know how much you are paying in fees to your mutual fund? In this video I'll share with you my views.

Of India's 20 Trillion Stimulus Package and the Swoosh Index for a Swoosh Recovery(Profit Hunter)

May 13, 2020

For India's rapid economic recovery, hopping on to the Swoosh index is a must.

How Commodity Prices Tell You When Stocks Will Go Up(Fast Profits Daily)

May 20, 2020

Commodity prices often provide clues to big moves in stock markets. In today's video, I'll explain this link.

This 'Essential Product' Smallcap is a Must Have for a 'Covid-19' Immune Portfolio(Profit Hunter)

May 19, 2020

This smallcap company needs no stimulus measures to do well in the long term.

Why Buffet - and you - should study Quantum Liquid Fund(The Honest Truth)

May 14, 2020

Ajit Dayal on how Quantum Liquid Fund and Warren Buffett have similar investing styles.

More

How to Trade the
Coronavirus Crash

Coronavirus Crash
Get this special report, authored by Equitymaster's top analysts, now.
We will never sell or rent your email id.
Please read our Terms

ACC SHARE PRICE


May 26, 2020 (Close)

TRACK ACC

ACC - CHINA NAT. BLDG. COMPARISON

COMPARE ACC WITH

MARKET STATS