ALLCARGO LOGISTIC Announces Quarterly Results (1QFY20); Net Profit Up 23.4%

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ALLCARGO LOGISTIC Announces Quarterly Results (1QFY20); Net Profit Up 23.4%
Thu, 8 Aug

ALLCARGO LOGISTIC has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

ALLCARGO LOGISTIC Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m16,25017,27318,1535.1%11.7%
Other incomeRs m5110863-41.7%23.1%
TurnoverRs m16,30117,38118,2164.8%11.7%
ExpensesRs m15,22916,20216,7473.4%10.0%
Gross profitRs m1,0211,0721,40631.2%37.7%
DepreciationRs m39736154751.3%37.8%
InterestRs m796711776.0%48.7%
Profit before taxRs m5967528057.1%35.0%
TaxRs m86-48175104.3%
Profit after taxRs m510800630-21.3%23.4%
Gross profit margin%6.36.27.7
Effective tax rate%14.4-6.421.8
Net profit margin%3.14.63.5
* 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 11.7% on a year-on-year (YoY) basis. The expenses were up by 10.0% YoY during the same period.
  • The company's operating profit increased by 37.7% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 7.7% in 1QFY20 as against 6.3% in 1QFY19.
  • Depreciation charges increased by 37.8% and finance costs increased by 48.7% YoY, respectively.
  • Other income increased by 23.1% YoY during the quarter.
  • Net profit for the quarter increased by 23.4% YoY. Net profit margins during the quarter increased from 3.1% in 1QFY19 to 3.5% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 5.1% on a quarter-on-quarter (QoQ) basis. The expenses were up by 3.4% QoQ during the same period.
  • The company's operating profit increased by 31.2% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 7.7% in 1QFY20 as against 6.2% in 4QFY19.
  • Net profit for the quarter declined by 21.3% QoQ, while net profit margins declined from 4.6% in 4QFY19 to 3.5% in 1QFY20.

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

ALLCARGO LOGISTIC Share Price Performance

Over the last one year,ALLCARGO LOGISTIC share price has moved down from Rs 121.6 to Rs 96.5, registering a Loss of Rs 25.1 or around 20.6%.

Overall, the S&P BSE SENSEX is down 1.4% over the year.

Current Valuations

At the current price of Rs 96.5, the price to earnings (P/E) ratio of ALLCARGO LOGISTIC stands at 9.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.3 times.

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Related Views on News

ALLCARGO LOGISTIC Announces Quarterly Results (4QFY19); Net Profit Up 514.8% (Quarterly Result Update)

May 28, 2019 | Updated on May 28, 2019

For the quarter ended March 2019, ALLCARGO LOGISTIC has posted a net profit of Rs 800 m (up 514.8% YoY). Sales on the other hand came in at Rs 17 bn (up 12.4% YoY). Read on for a complete analysis of ALLCARGO LOGISTIC's quarterly results.

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