ASAHI INDIA Announces Quarterly Results (1QFY19); Net Profit Up 9.8%

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?  

ASAHI INDIA Announces Quarterly Results (1QFY19); Net Profit Up 9.8%
Fri, 10 Aug

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

ASAHI INDIA Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-17*
3
Mar-18*
3
Jun-18*
QoQ ChangeYoY Change
Net SalesRs m6,6347,4237,4390.2%12.1%
Other incomeRs m206414-77.4%-28.0%
TurnoverRs m6,6547,4877,454-0.4%12.0%
ExpensesRs m5,5236,0116,1492.3%11.3%
Gross profitRs m1,1111,3751,298-5.6%16.8%
DepreciationRs m2132872890.6%35.8%
InterestRs m2993183303.6%10.5%
Profit before taxRs m620834693-16.8%11.8%
TaxRs m206291238-18.0%15.9%
Profit after taxRs m415543455-16.2%9.8%
Gross profit margin%16.818.517.4
Effective tax rate%33.234.934.4
Net profit margin%6.27.26.1
* 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 12.1% on a year-on-year (YoY) basis. The expenses were up by 11.3% YoY during the same period.
  • The company's operating profit increased by 16.8% YoY during the quarter. Consequently, operating profit margins remained same and stood at 17.4% in 1QFY19.
  • Depreciation charges and finance costs increased by 35.8% YoY and 10.5% YoY, respectively.
  • Other income declined by 28.0% YoY during the quarter.
  • Net profit for the quarter increased by 9.8% YoY. Net profit margins during the quarter declined from 6.2% in 1QFY18 to 6.1% in 1QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 0.2% on a quarter-on-quarter (QoQ) basis. The expenses were up by 2.3% QoQ during the same period.
  • The company's operating profit declined by 5.6% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 17.4% in 1QFY19 as against 18.5% in 4QFY18.
  • Net profit for the quarter declined by 16.2% QoQ, while net profit margins declined from 7.3% in 4QFY18 to 6.1% in 1QFY19.

To see how ASAHI INDIA has performed over the last eight quarters, please visit here.

ASAHI INDIA Share Price Performance

Over the last one year, ASAHI INDIA share price has moved up from Rs 281.6 to Rs 325.5, registering a Gain of Rs 44.0 or around 15.6%.

Overall, the S&P BSE SENSEX is up 19.1% over the year.

Current Valuations

At the current price of Rs 325.5, the price to earnings (P/E) ratio of ASAHI INDIA stands at 42.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 17.2 times.

Equitymaster requests your view! Post a comment on "ASAHI INDIA Announces Quarterly Results (1QFY19); Net Profit Up 9.8%". Click here!

  

Related Views on News

ASAHI INDIA Announces Quarterly Results (3QFY20); Net Profit Down 44.8% (Quarterly Result Update)

Feb 14, 2020 | Updated on Feb 14, 2020

For the quarter ended December 2019, ASAHI INDIA has posted a net profit of Rs 288 m (down 44.8% YoY). Sales on the other hand came in at Rs 7 bn (up 0.5% YoY). Read on for a complete analysis of ASAHI INDIA's quarterly results.

ASAHI INDIA 2018-19 Annual Report Analysis (Annual Result Update)

Sep 9, 2019 | Updated on Sep 9, 2019

Here's an analysis of the annual report of ASAHI INDIA for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of ASAHI INDIA. Also includes updates on the valuation of ASAHI INDIA.

ASAHI INDIA Announces Quarterly Results (1QFY20); Net Profit Down 19.4% (Quarterly Result Update)

Aug 8, 2019 | Updated on Aug 8, 2019

For the quarter ended June 2019, ASAHI INDIA has posted a net profit of Rs 367 m (down 19.4% YoY). Sales on the other hand came in at Rs 7 bn (down 4.0% YoY). Read on for a complete analysis of ASAHI INDIA's quarterly results.

ASAHI INDIA 2017-18 Annual Report Analysis (Annual Result Update)

Dec 19, 2018 | Updated on Dec 19, 2018

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

More Views on News

Most Popular

This Crorepati Stock Could Be the Best Vaccine for Your Portfolio Against Coronavirus(Profit Hunter)

Mar 17, 2020

If there is one stock I had to recommend you amid Coronavirus outbreak, this would be it.

If I Were to Recommend One Stock Amid Coronavirus Outbreak, This Would be It.(Profit Hunter)

Mar 19, 2020

Coronavirus outbreak has made no impact on the long term prospects of my favourite smallcap. What it has indeed done is brought the company below my buy price, making it even more attractive investment at current price.

Why India Will Be the Biggest Winner in a Post-Coronavirus World(The 5 Minute Wrapup)

Mar 19, 2020

The way businesses operate will change in a major way post the coronavirus impact. Here's why India stands to benefit from this change...

A Big Trading Opportunity is Coming Your Way Soon(Fast Profits Daily)

Mar 25, 2020

I see a big opportunity to make fast profits on the horizon.

The Biggest Trading Opportunity of 2020 is Here...

Mar 26, 2020

India's #1 trader, Vijay Bhambwani, talks about a hugely profitable trading opportunity which you must know about today!

More

How to Trade the
Coronavirus Crash

Coronavirus Crash
Get this special report, authored by Equitymaster's top analysts, now.
We will never sell or rent your email id.
Please read our Terms

ASAHI INDIA SHARE PRICE


Mar 27, 2020 (Close)

TRACK ASAHI INDIA

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

ASAHI INDIA 8-QTR ANALYSIS

COMPARE ASAHI INDIA WITH

MARKET STATS