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.
ARVIND LTD. Announces Quarterly Results (1QFY19); Net Profit Up 16.2%

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?  

ARVIND LTD. Announces Quarterly Results (1QFY19); Net Profit Up 16.2%
Tue, 7 Aug

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

ARVIND LTD. Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-17*
3
Mar-18*
3
Jun-18*
QoQ ChangeYoY Change
Net SalesRs m24,75029,90028,610-4.3%15.6%
Other incomeRs m163141136-3.5%-16.3%
TurnoverRs m24,91330,04128,746-4.3%15.4%
ExpensesRs m22,68026,98326,147-3.1%15.3%
Gross profitRs m2,0012,9092,377-18.3%18.8%
DepreciationRs m863964917-4.8%6.3%
InterestRs m6146747338.8%19.4%
Profit before taxRs m6861,412863-38.9%25.7%
TaxRs m135262222-15.1%64.3%
Profit after taxRs m5511,150641-44.3%16.2%
Gross profit margin%8.19.78.3
Effective tax rate%19.718.525.8
Net profit margin%2.23.82.2
* 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 15.6% on a year-on-year (YoY) basis. The expenses were up by 15.3% YoY during the same period.
  • The company's operating profit increased by 18.8% YoY during the quarter. Consequently, operating profit margins remained same and stood at 8.3% in 1QFY19.
  • Depreciation charges and finance costs increased by 6.3% YoY and 19.4% YoY, respectively.
  • Other income declined by 16.3% YoY during the quarter.
  • Net profit for the quarter increased by 16.2% YoY. Net profit margins during the quarter increased from 2.2% in 1QFY18 to 2.2% in 1QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 4.3% on a quarter-on-quarter (QoQ) basis. The expenses were down by 3.1% QoQ during the same period.
  • The company's operating profit declined by 18.3% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 8.3% in 1QFY19 as against 9.7% in 4QFY18.
  • Net profit for the quarter declined by 44.3% QoQ, while net profit margins declined from 3.8% in 4QFY18 to 2.2% in 1QFY19.

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

ARVIND LTD. Share Price Performance

Over the last one year, ARVIND LTD. share price has moved up from Rs 388.9 to Rs 406.3, registering a Gain of Rs 17.4 or around 4.5%.

Overall, the S&P BSE SENSEX is up 0.0% over the year.

Current Valuations

At the current price of Rs 406.3, the price to earnings (P/E) ratio of ARVIND LTD. stands at 32.6 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.6 times.

Equitymaster requests your view! Post a comment on "ARVIND LTD. Announces Quarterly Results (1QFY19); Net Profit Up 16.2%". Click here!

  

Related Views on News

ARVIND LTD. Announces Quarterly Results (3QFY19); Net Profit Down 48.5% (Quarterly Result Update)

Feb 12, 2019 | Updated on Feb 12, 2019

For the quarter ended December 2018, ARVIND LTD. has posted a net profit of Rs 404 m (down 48.5% YoY). Sales on the other hand came in at Rs 17 bn (down 42.2% YoY). Read on for a complete analysis of ARVIND LTD.'s quarterly results.

ARVIND LTD. 2017-18 Annual Report Analysis (Annual Result Update)

Jan 22, 2019 | Updated on Jan 22, 2019

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

ARVIND LTD. Announces Quarterly Results (2QFY19); Net Profit Down 13.3% (Quarterly Result Update)

Nov 5, 2018 | Updated on Nov 5, 2018

For the quarter ended September 2018, ARVIND LTD. has posted a net profit of Rs 559 m (down 13.3% YoY). Sales on the other hand came in at Rs 18 bn (down 31.8% YoY). Read on for a complete analysis of ARVIND LTD.'s quarterly results.

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?

Smallcaps Are Rallying and You Need to Make the Most of It Now(Profit Hunter)

Mar 7, 2019

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

The One Sector to Bet on Today as India Grows into a 10 Trillion Dollar Economy(The 5 Minute Wrapup)

Mar 7, 2019

India's defence sector is suddenly under the spotlight. Can this sector ride along India's long-term growth story?

Is it the Right Time to Buy Mid and Small Caps Now?(The 5 Minute Wrapup)

Mar 6, 2019

Mid and Small Caps have underperformed large caps in the past year. Is the tide about to turn?

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.

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

ARVIND SHARE PRICE


Mar 19, 2019 (Close)

TRACK ARVIND

ARVIND - INDUS FILA COMPARISON

COMPARE ARVIND WITH

MARKET STATS