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ALOK INDUSTRIES Announces Quarterly Results (2QFY19); Net Profit Up 75.2%

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ALOK INDUSTRIES Announces Quarterly Results (2QFY19); Net Profit Up 75.2%
Tue, 27 Nov

ALOK INDUSTRIES has announced its results for the quarter ended September 2018. Here is a detailed performance review of the same:

ALOK INDUSTRIES Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m7,9467,8658,96113.9%12.8%
Other incomeRs m5711717-1.2%-97.1%
TurnoverRs m8,5177,8828,97713.9%5.4%
ExpensesRs m42,6948,0649,82421.8%-77.0%
Gross profitRs m-34,749-199-863
DepreciationRs m1,2661,3321,304-2.1%3.1%
InterestRs m19,65610,46211,51610.1%-41.4%
Profit before taxRs m-55,099-11,976-13,667
TaxRs m-26000.0%
Profit after taxRs m-55,073-11,976-13,667
Gross profit margin%-437.3-2.5-9.6
Effective tax rate%0.00.00.0
Net profit margin%-646.6-151.9-152.2
* 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 12.8% on a year-on-year (YoY) basis. The expenses were down by 77.0% YoY during the same period.
  • The company's operating profit declined by 97.5% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 9.6% in 2QFY19 as against 437.3% in 2QFY18.
  • Depreciation charges increased by 3.1% and finance costs declined by 41.4% YoY, respectively.
  • Other income declined by 97.1% YoY during the quarter.
  • Net profit for the quarter increased by 75.2% YoY. Net profit margins during the quarter increased from -646.6% in 2QFY18 to -152.2% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 13.9% on a quarter-on-quarter (QoQ) basis. The expenses were up by 21.8% QoQ during the same period.
  • The company's operating profit declined by 333.6% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 9.6% in 2QFY19 as against 2.5% in 1QFY18.
  • Net profit for the quarter declined by 14.1% QoQ, while net profit margins declined from -151.9% in 1QFY18 to -152.2% in 2QFY19.

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

ALOK INDUSTRIES Share Price Performance

Over the last one year, ALOK INDUSTRIES share price has moved up from Rs 3.8 to Rs 3.2, registering a Loss of Rs 0.7 or around 18.0%.

Overall, the S&P BSE SENSEX is up 5.1% over the year.

Current Valuations

At the current price of Rs 3.2, the price to book value (P/BV) ratio of ALOK INDUSTRIES stands at 0.3 times.

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ALOK INDUSTRIES 2017-18 Annual Report Analysis (Annual Result Update)

Jan 24, 2019 | Updated on Jan 24, 2019

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

ALOK INDUSTRIES Announces Quarterly Results (4QFY18); Net Profit Down 46.2% (Quarterly Result Update)

Aug 17, 2018 | Updated on Aug 17, 2018

For the quarter ended March 2018, ALOK INDUSTRIES has posted a net profit of Rs 13 bn (down 46.2% YoY). Sales on the other hand came in at Rs 8 bn (down 65.2% YoY). Read on for a complete analysis of ALOK INDUSTRIES's quarterly results.

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