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ARCHIES LTD Announces Quarterly Results (2QFY19); Net Profit Up 175.5%

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ARCHIES LTD Announces Quarterly Results (2QFY19); Net Profit Up 175.5%
Mon, 12 Nov

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

ARCHIES LTD Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m40834342524.1%4.3%
Other incomeRs m443-20.9%-22.0%
TurnoverRs m41234742923.5%4.1%
ExpensesRs m39134140418.5%3.3%
Gross profitRs m17221955.7%28.8%
DepreciationRs m10990.9%-12.6%
InterestRs m85731.7%-12.1%
Profit before taxRs m3-89205.1%
TaxRs m1-33306.0%
Profit after taxRs m2-56175.5%
Gross profit margin%4.10.65.0
Effective tax rate%22.639.530.1
Net profit margin%0.6-1.41.5
* 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 4.3% on a year-on-year (YoY) basis. The expenses were up by 3.3% YoY during the same period.
  • The company's operating profit increased by 28.8% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 5.0% in 2QFY19 as against 4.1% in 2QFY18.
  • Depreciation charges declined by 12.6% and finance costs declined by 12.1% YoY, respectively.
  • Other income declined by 22.0% YoY during the quarter.
  • Net profit for the quarter increased by 175.5% YoY. Net profit margins during the quarter increased from 0.6% in 2QFY18 to 1.5% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 24.1% on a quarter-on-quarter (QoQ) basis. The expenses were up by 18.5% QoQ during the same period.
  • The company's operating profit increased by 955.7% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 5.0% in 2QFY19 as against 0.6% in 1QFY18.
  • Net profit for the quarter increased by 234.3% QoQ, while net profit margins increased from -1.4% in 1QFY18 to 1.5% in 2QFY19.

To see how ARCHIES LTD has performed over the last eight quarters, please visit here.

ARCHIES LTD Share Price Performance

Over the last one year, ARCHIES LTD share price has moved up from Rs 28.8 to Rs 28.0, registering a Loss of Rs 0.8 or around 2.8%.

Meanwhile, the S&P BSE FMCG Index is trading at Rs 11,213.3 (up 0.0%). Over the last one year it has moved up from 10,353.4 to 11,213.3, a gain of 860 points (up 8.3%).

Overall, the S&P BSE SENSEX is up 5.8% over the year.

Current Valuations

At the current price of Rs 28.0, the price to earnings (P/E) ratio of ARCHIES LTD stands at 54.5 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.9 times.

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Related Views on News

ARCHIES LTD Announces Quarterly Results (3QFY19); Net Profit Down 28.2% (Quarterly Result Update)

Feb 13, 2019 | Updated on Feb 13, 2019

For the quarter ended December 2018, ARCHIES LTD has posted a net profit of Rs 9 m (down 28.2% YoY). Sales on the other hand came in at Rs 441 m (up 0.5% YoY). Read on for a complete analysis of ARCHIES LTD's quarterly results.

ARCHIES LTD Announces Quarterly Results (1QFY19); Net Profit Down 88.7% (Quarterly Result Update)

Aug 14, 2018 | Updated on Aug 14, 2018

For the quarter ended June 2018, ARCHIES LTD has posted a net profit of Rs 5 m (down 88.7% YoY). Sales on the other hand came in at Rs 343 m (up 12.8% YoY). Read on for a complete analysis of ARCHIES LTD's quarterly results.

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