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

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?  

AMBIKA COTTON Announces Quarterly Results (3QFY19); Net Profit Up 1.8%
Thu, 14 Feb

AMBIKA COTTON has announced its results for the quarter ended December 2018. Here is a detailed performance review of the same:

AMBIKA COTTON Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m1,4801,7511,637-6.5%10.6%
Other incomeRs m323106.3%-2.9%
TurnoverRs m1,4841,7521,640-6.4%10.5%
ExpensesRs m1,1961,4261,318-7.6%10.2%
Gross profitRs m284324319-1.8%12.1%
DepreciationRs m7272764.6%4.4%
InterestRs m9192531.3%168.1%
Profit before taxRs m206235221-5.8%7.4%
TaxRs m476560-8.3%26.5%
Profit after taxRs m159169161-4.8%1.8%
Gross profit margin%19.218.519.5
Effective tax rate%22.927.827.0
Net profit margin%10.79.79.8
* 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 10.6% on a year-on-year (YoY) basis. The expenses were up by 10.2% YoY during the same period.
  • The company's operating profit increased by 12.1% YoY during the quarter. Consequently, operating profit margins remained same and stood at 19.5% in 3QFY19.
  • Depreciation charges increased by 4.4% and finance costs increased by 168.1% YoY, respectively.
  • Other income declined by 2.9% YoY during the quarter.
  • Net profit for the quarter increased by 1.8% YoY. Net profit margins during the quarter declined from 10.7% in 3QFY18 to 9.8% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 6.5% on a quarter-on-quarter (QoQ) basis. The expenses were down by 7.6% QoQ during the same period.
  • The company's operating profit increased by 1.8% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 19.5% in 3QFY19 as against 18.5% in 2QFY18.
  • Net profit for the quarter declined by 4.8% QoQ, while net profit margins increased from 9.6% in 2QFY18 to 9.8% in 3QFY19.

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 up from Rs 1,340.9 to Rs 1,131.7, registering a Loss of Rs 209.2 or around 15.6%.

Overall, the S&P BSE SENSEX is up 5.2% over the year.

Current Valuations

At the current price of Rs 1,131.7, the price to earnings (P/E) ratio of AMBIKA COTTON stands at 10.1 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.6 times.

Equitymaster requests your view! Post a comment on "AMBIKA COTTON Announces Quarterly Results (3QFY19); Net Profit Up 1.8%". Click here!

  

Related Views on News

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

Aug 19, 2019 | Updated on Aug 19, 2019

For the quarter ended June 2019, AMBIKA COTTON has posted a net profit of Rs 138 m (down 17.8% YoY). Sales on the other hand came in at Rs 2 bn (down 7.2% 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.

More Views on News

Most Popular

My 3 Best Small-cap Stocks to Get Rich in this Market Rebound(Profit Hunter)

Oct 14, 2019

This is once in a decade opportunity to make a killing from smallcap rebound.

Finally, Is the Share Price of Yes Bank Ready for a Rebound?(The 5 Minute Wrapup)

Oct 7, 2019

Here's what every individual investor must know about Yes Bank...

What if Indiabulls Housing Finance and Yes Bank Do Not Rebound?(Profit Hunter)

Oct 1, 2019

How long should you wait for fallen blue chips like Yes Bank and Indiabulls Housing Finance to rebound?

The One Stock I Like in this Market(The 5 Minute Wrapup)

Oct 10, 2019

There are rare periods in markets when you get good quality stocks at attractive valuations. Is this one such period?

5 Smart Money Stocks to Profit from the Market Rebound(The 5 Minute Wrapup)

Oct 11, 2019

Now is the time to put money in these 5 stocks to take advantage of the recovery in the economy and the markets.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2020
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

AMBIKA COTTON SHARE PRICE


Oct 14, 2019 (Close)

TRACK AMBIKA COTTON

  • Track your investment in AMBIKA COTTON with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

AMBIKA COTTON 5-YR ANALYSIS

COMPARE AMBIKA COTTON WITH

MARKET STATS