X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
APAR INDUSTRIES Announces Quarterly Results (3QFY19); Net Profit Down 15.5%

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?  

APAR INDUSTRIES Announces Quarterly Results (3QFY19); Net Profit Down 15.5%
Wed, 30 Jan

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

APAR INDUSTRIES Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m14,07918,84721,19112.4%50.5%
Other incomeRs m333331-3.7%-5.4%
TurnoverRs m14,11318,87921,22212.4%50.4%
ExpensesRs m13,11717,75820,04712.9%52.8%
Gross profitRs m9631,0891,1445.0%18.8%
DepreciationRs m1241631715.0%38.1%
InterestRs m244526417-20.8%71.1%
Profit before taxRs m62843358735.8%-6.5%
TaxRs m21814624064.2%10.3%
Profit after taxRs m41128634721.3%-15.5%
Gross profit margin%6.85.85.4
Effective tax rate%34.633.840.9
Net profit margin%2.91.51.6
* 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 50.5% on a year-on-year (YoY) basis. The expenses were up by 52.8% YoY during the same period.
  • The company's operating profit increased by 18.8% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 5.4% in 3QFY19 as against 6.8% in 3QFY18.
  • Depreciation charges increased by 38.1% and finance costs increased by 71.1% YoY, respectively.
  • Other income declined by 5.4% YoY during the quarter.
  • Net profit for the quarter declined by 15.5% YoY. Net profit margins during the quarter declined from 2.9% in 3QFY18 to 1.6% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 12.4% on a quarter-on-quarter (QoQ) basis. The expenses were up by 12.9% QoQ during the same period.
  • The company's operating profit declined by 5.0% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 5.4% in 3QFY19 as against 5.8% in 2QFY18.
  • Net profit for the quarter increased by 21.3% QoQ, while net profit margins increased from 1.5% in 2QFY18 to 1.6% in 3QFY19.

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

APAR INDUSTRIES Share Price Performance

Over the last one year, APAR INDUSTRIES share price has moved up from Rs 761.3 to Rs 615.0, registering a Loss of Rs 146.3 or around 19.2%.

Meanwhile, the S&P BSE CAPITAL GOODS Index is trading at Rs 17,188.9 (up 1.6%). Over the last one year it has moved down from 20,594.9 to 17,188.9, a gain of 3,406 points (down 16.5%).

Overall, the S&P BSE SENSEX is down 1.7% over the year.

Current Valuations

At the current price of Rs 615.0, the price to earnings (P/E) ratio of APAR INDUSTRIES stands at 18.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.2 times.

Equitymaster requests your view! Post a comment on "APAR INDUSTRIES Announces Quarterly Results (3QFY19); Net Profit Down 15.5%". Click here!

  

Related Views on News

APAR INDUSTRIES Announces Quarterly Results (2QFY19); Net Profit Up 4.1% (Quarterly Result Update)

Nov 12, 2018 | Updated on Nov 12, 2018

For the quarter ended September 2018, APAR INDUSTRIES has posted a net profit of Rs 286 m (up 4.1% YoY). Sales on the other hand came in at Rs 19 bn (up 60.3% YoY). Read on for a complete analysis of APAR INDUSTRIES 's quarterly results.

APAR INDUSTRIES Announces Quarterly Results (1QFY19); Net Profit Down 31.6% (Quarterly Result Update)

Aug 13, 2018 | Updated on Aug 13, 2018

For the quarter ended June 2018, APAR INDUSTRIES has posted a net profit of Rs 273 m (down 31.6% YoY). Sales on the other hand came in at Rs 14 bn (up 3.5% YoY). Read on for a complete analysis of APAR INDUSTRIES 's quarterly results.

Garden Reach Shipbuilders and Engineers Ltd: Is This PSU Shipbuilder Worth Betting On? (IPO)

Sep 24, 2018

Should you apply for the IPO of Garden Reach Shipbuilders and Engineers Ltd?

H.G Infra Engineering Ltd. (IPO)

Feb 24, 2018

Should you subscribe to the IPO of H.G Infra Engineering Ltd.?

Amber Enterprises India Ltd. (IPO)

Jan 16, 2018

Should you subscribe to the IPO of Amber Enterprises India Ltd?

More Views on News

Most Popular

Are You Ready for the Big Nifty Move in the March Expiry?(Profit Hunter)

Mar 8, 2019

History suggests the Nifty could make a big move in March. Are you prepared to benefit from this opportunity?

5 Fundamentally Strong Stocks to Pick for Trading Today(Profit Hunter)

Mar 15, 2019

5 fundamentally strong stocks one could buy to trade in this market right now. Make sure you grab the chance this strongly rallying market offers.

Elections Don't Matter!(The Honest Truth)

Mar 13, 2019

Ajit Dayal shows us why from the point of view of the Indian economy, elections don't matter.

Two Growth Stocks that Doubled in a Little Over 12 Months!(The 5 Minute Wrapup)

Mar 13, 2019

The elements that fueled profit growth for these two companies led to a surge in their stock prices.

This is Why You Need to Buy Small Cap Stocks Now(The 5 Minute Wrapup)

Mar 15, 2019

Did you just miss the smallcap rally? Or is there still time to catch up? Read on for answers and more...

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

APAR INDUSTRIES SHARE PRICE


Mar 20, 2019 (Close)

TRACK APAR INDUSTRIES

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

MORE ON APAR INDUSTRIES

APAR INDUSTRIES 8-QTR ANALYSIS

COMPARE APAR INDUSTRIES WITH

MARKET STATS