AMBIKA COTTON Announces Quarterly Results (1QFY20); Net Profit Down 17.8%

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AMBIKA COTTON Announces Quarterly Results (1QFY20); Net Profit Down 17.8%
Mon, 19 Aug

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

AMBIKA COTTON Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m1,6311,5381,513-1.6%-7.2%
Other incomeRs m183-59.0%146.2%
TurnoverRs m1,6321,5461,516-1.9%-7.1%
ExpensesRs m1,3091,2661,219-3.7%-6.8%
Gross profitRs m3222722948.2%-8.8%
DepreciationRs m717067-4.0%-4.8%
InterestRs m212929-0.3%41.3%
Profit before taxRs m23218020111.4%-13.6%
TaxRs m65476333.8%-2.5%
Profit after taxRs m1681331383.5%-17.8%
Gross profit margin%19.817.719.4
Effective tax rate%27.826.131.4
Net profit margin%10.38.69.1
* 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 fell 7.2% on a year-on-year (YoY) basis. The expenses were down by 6.8% YoY during the same period.
  • The company's operating profit declined by 8.8% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 19.4% in 1QFY20 as against 19.8% in 1QFY19.
  • Depreciation charges declined by 4.8% and finance costs increased by 41.3% YoY, respectively.
  • Other income increased by 146.2% YoY during the quarter.
  • Net profit for the quarter declined by 17.8% YoY. Net profit margins during the quarter declined from 10.3% in 1QFY19 to 9.1% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 1.6% on a quarter-on-quarter (QoQ) basis. The expenses were down by 3.7% QoQ during the same period.
  • The company's operating profit increased by 8.2% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 19.4% in 1QFY20 as against 17.7% in 4QFY19.
  • Net profit for the quarter increased by 3.5% QoQ, while net profit margins increased from 8.6% in 4QFY19 to 9.1% in 1QFY20.

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

AMBIKA COTTON Share Price Performance

Over the last one year,AMBIKA COTTON share price has moved down from Rs 1,290.0 to Rs 865.0, registering a Loss of Rs 425.0 or around 32.9%.

Overall, the S&P BSE SENSEX is down 0.1% over the year.

Current Valuations

At the current price of Rs 865.0, the price to earnings (P/E) ratio of AMBIKA COTTON stands at 8.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.2 times.

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AMBIKA COTTON Announces Quarterly Results (3QFY19); Net Profit Up 1.8% (Quarterly Result Update)

Feb 14, 2019 | Updated on Feb 14, 2019

For the quarter ended December 2018, AMBIKA COTTON has posted a net profit of Rs 161 m (up 1.8% YoY). Sales on the other hand came in at Rs 2 bn (up 10.6% YoY). Read on for a complete analysis of AMBIKA COTTON's quarterly results.

AMBIKA COTTON 2017-18 Annual Report Analysis (Annual Result Update)

Dec 18, 2018 | Updated on Dec 18, 2018

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

AMBIKA COTTON Announces Quarterly Results (2QFY19); Net Profit Up 14.7% (Quarterly Result Update)

Nov 14, 2018 | Updated on Nov 14, 2018

For the quarter ended September 2018, AMBIKA COTTON has posted a net profit of Rs 169 m (up 14.7% YoY). Sales on the other hand came in at Rs 2 bn (up 25.4% YoY). Read on for a complete analysis of AMBIKA COTTON's quarterly results.

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