ATUL Announces Quarterly Results (2QFY20); Net Profit Up 75.0%

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?  

ATUL Announces Quarterly Results (2QFY20); Net Profit Up 75.0%
Thu, 31 Oct

ATUL has announced its results for the quarter ended September 2019. Here is a detailed performance review of the same:

ATUL Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-18*
3
Jun-19*
3
Sep-19*
QoQ ChangeYoY Change
Net SalesRs m10,0749,93310,1302.0%0.6%
Other incomeRs m18895244156.2%30.1%
TurnoverRs m10,26210,02810,3753.5%1.1%
ExpensesRs m8,1747,7657,9922.9%-2.2%
Gross profitRs m1,9002,1682,139-1.4%12.6%
DepreciationRs m2732852901.6%6.2%
InterestRs m1144-14.6%-68.2%
Profit before taxRs m1,8041,9742,0905.9%15.8%
TaxRs m6146776-99.1%-99.0%
Profit after taxRs m1,1901,2972,08360.6%75.0%
Gross profit margin%18.921.821.1
Effective tax rate%34.034.30.3
Net profit margin%11.612.920.1
* 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 0.6% on a year-on-year (YoY) basis. The expenses were down by 2.2% YoY during the same period.
  • The company's operating profit increased by 12.6% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 21.1% in 2QFY20 as against 18.9% in 2QFY19.
  • Depreciation charges increased by 6.2% and finance costs declined by 68.2% YoY, respectively.
  • Other income increased by 30.1% YoY during the quarter.
  • Net profit for the quarter increased by 75.0% YoY. Net profit margins during the quarter increased from 11.6% in 2QFY19 to 20.1% in 2QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 2.0% on a quarter-on-quarter (QoQ) basis. The expenses were up by 2.9% QoQ during the same period.
  • The company's operating profit declined by 1.4% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 21.1% in 2QFY20 as against 21.8% in 1QFY19.
  • Net profit for the quarter increased by 60.6% QoQ, while net profit margins increased from 12.9% in 1QFY19 to 20.1% in 2QFY20.

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

Know More: Which way are the markets & the mutual fund industry headed?

ATUL Share Price Performance

Over the last one year,ATUL share price has moved up from Rs 3,325.4 to Rs 4,260.6, registering a Gain of Rs 935.2 or around 28.1%.

Overall, the S&P BSE SENSEX is up 18.7% over the year.

Current Valuations

At the current price of Rs 4,260.6, the price to earnings (P/E) ratio of ATUL stands at 22.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 4.7 times.

Equitymaster requests your view! Post a comment on "ATUL Announces Quarterly Results (2QFY20); Net Profit Up 75.0%". Click here!

  

Related Views on News

ATUL Announces Quarterly Results (2QFY21); Net Profit Down 18.6% (Quarterly Result Update)

Oct 29, 2020 | Updated on Oct 29, 2020

For the quarter ended September 2020, ATUL has posted a net profit of Rs 2 bn (down 18.6% YoY). Sales on the other hand came in at Rs 10 bn (down 5.5% YoY). Read on for a complete analysis of ATUL's quarterly results.

ATUL Announces Quarterly Results (4QFY20); Net Profit Up 31.0% (Quarterly Result Update)

Apr 30, 2020 | Updated on Apr 30, 2020

For the quarter ended March 2020, ATUL has posted a net profit of Rs 1 bn (up 31.0% YoY). Sales on the other hand came in at Rs 9 bn (down 7.9% YoY). Read on for a complete analysis of ATUL's quarterly results.

ATUL 2018-19 Annual Report Analysis (Annual Result Update)

Jun 28, 2019 | Updated on Jun 28, 2019

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

More Views on News

Most Popular

Time to Book Profits in Pharma Stocks(Fast Profits Daily)

Jan 15, 2021

In this video, I'll show you why it might be the right time to take money of the table in pharma stocks.

Smallcap Stocks: Your Best Bet for 2021 and Beyond(Profit Hunter)

Jan 15, 2021

The pandemic failed to thwart Richa's investing success formula for 2020.

One Chart to See Before You Sell(Fast Profits Daily)

Jan 22, 2021

In this video, I'll show you a crucial chart that you need to check before you decide to sell any stock or index.

Invest in the Multibaggers of 2021 and Beyond(Profit Hunter)

Jan 21, 2021

Our ace stock picker is ready to capitalise on a big growth opportunity.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

ATUL SHARE PRICE


Jan 27, 2021 (Close)

TRACK ATUL

ATUL - NAVIN FLUORINE COMPARISON

COMPARE ATUL WITH

MARKET STATS