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.
ASTRAL POLY Announces Quarterly Results (2QFY19); Net Profit Up 15.0%

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?  

Markets will remain closed on 19th April, 2019 on account of Good Friday.

ASTRAL POLY Announces Quarterly Results (2QFY19); Net Profit Up 15.0%
Fri, 16 Nov

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

ASTRAL POLY Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m5,1984,7706,29231.9%21.1%
Other incomeRs m19394517.0%142.8%
TurnoverRs m5,2174,8096,33831.8%21.5%
ExpensesRs m4,5064,1085,48433.5%21.7%
Gross profitRs m69266380120.9%15.8%
DepreciationRs m14216119219.8%35.8%
InterestRs m0000.0%0.0%
Profit before taxRs m56954165421.0%15.0%
TaxRs m17115719624.9%14.9%
Profit after taxRs m39838445819.4%15.0%
Gross profit margin%13.313.912.7
Effective tax rate%30.029.029.9
Net profit margin%7.68.07.2
* 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 21.1% on a year-on-year (YoY) basis. The expenses were up by 21.7% YoY during the same period.
  • The company's operating profit increased by 15.8% YoY during the quarter. Consequently, operating profit margins remained same and stood at 12.7% in 2QFY19.
  • Depreciation charges increased by 35.8% and finance costs increased by 0.0% YoY, respectively.
  • Other income increased by 142.8% YoY during the quarter.
  • Net profit for the quarter increased by 15.0% YoY. Net profit margins during the quarter declined from 7.6% in 2QFY18 to 7.2% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 31.9% on a quarter-on-quarter (QoQ) basis. The expenses were up by 33.5% QoQ during the same period.
  • The company's operating profit declined by 20.9% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 12.7% in 2QFY19 as against 13.9% in 1QFY18.
  • Net profit for the quarter increased by 19.4% QoQ, while net profit margins declined from 8.0% in 1QFY18 to 7.2% in 2QFY19.

To see how ASTRAL POLY has performed over the last eight quarters, please visit here.

ASTRAL POLY Share Price Performance

Over the last one year, ASTRAL POLY share price has moved up from Rs 794.9 to Rs 1,055.0, registering a Gain of Rs 260.1 or around 32.7%.

Meanwhile, the S&P BSE CAPITAL GOODS Index is trading at Rs 18,447.2 (up 0.1%). Over the last one year it has moved up from 18,153.9 to 18,447.2, a gain of 293 points (up 1.6%).

Overall, the S&P BSE SENSEX is up 8.3% over the year.

Current Valuations

At the current price of Rs 1,055.0, the price to earnings (P/E) ratio of ASTRAL POLY stands at 63.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 20.2 times.

Equitymaster requests your view! Post a comment on "ASTRAL POLY Announces Quarterly Results (2QFY19); Net Profit Up 15.0%". Click here!

  

Related Views on News

ASTRAL POLY 2017-18 Annual Report Analysis (Annual Result Update)

Mar 6, 2019 | Updated on Mar 6, 2019

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

ASTRAL POLY Announces Quarterly Results (3QFY19); Net Profit Up 12.0% (Quarterly Result Update)

Feb 15, 2019 | Updated on Feb 15, 2019

For the quarter ended December 2018, ASTRAL POLY has posted a net profit of Rs 523 m (up 12.0% YoY). Sales on the other hand came in at Rs 6 bn (up 19.9% YoY). Read on for a complete analysis of ASTRAL POLY's quarterly results.

ASTRAL POLY Announces Quarterly Results (1QFY19); Net Profit Up 51.1% (Quarterly Result Update)

Aug 3, 2018 | Updated on Aug 3, 2018

For the quarter ended June 2018, ASTRAL POLY has posted a net profit of Rs 384 m (up 51.1% YoY). Sales on the other hand came in at Rs 5 bn (up 8.4% YoY). Read on for a complete analysis of ASTRAL POLY'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.?

More Views on News

Most Popular

Stocks that Could Be Out of Reach Post Elections(The 5 Minute Wrapup)

Apr 9, 2019

It's a matter of time before the stocks catch the fancy of the markets and big investors.

3 Indian Stocks with Amazon-Like Potential(Profit Hunter)

Apr 10, 2019

We have identified 3 stocks with huge wealth building potential which meet our 'Click of a Button' criteria.

This Company is Making a Big Comeback and You Can Now Profit from Its Example(The 5 Minute Wrapup)

Apr 10, 2019

How Dell got its mojo back.

This is Why the Stock of Jubilant FoodWorks Went Up 1,160%(The 5 Minute Wrapup)

Apr 12, 2019

This critical business strategy has enabled companies to scale their operations faster.

Pocketing Massive Gains with HDFC And HDFC Bank(Profit Hunter)

Apr 12, 2019

Here's how one could have generated gains of Rs 59,250 in 10 days by trading HDFC and HDFC Bank with a capital of Rs 4 lakh.

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

ASTRAL POLY TECHNICK SHARE PRICE


Apr 18, 2019 (Close)

TRACK ASTRAL POLY TECHNICK

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

MORE ON ASTRAL POLY TECHNICK

ASTRAL POLY TECHNICK 8-QTR ANALYSIS

COMPARE ASTRAL POLY TECHNICK WITH

MARKET STATS