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ATUL LTD. Announces Quarterly Results (2QFY19); Net Profit Up 69.9%

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ATUL LTD. Announces Quarterly Results (2QFY19); Net Profit Up 69.9%
Fri, 9 Nov

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

ATUL LTD. Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m7,8738,88110,07413.4%28.0%
Other incomeRs m7913318841.4%139.4%
TurnoverRs m7,9519,01410,26213.9%29.1%
ExpensesRs m6,6247,4618,1749.6%23.4%
Gross profitRs m1,2491,4201,90033.8%52.2%
DepreciationRs m2612702731.2%4.6%
InterestRs m2791120.9%-58.6%
Profit before taxRs m1,0391,2741,80441.6%73.5%
TaxRs m33943261442.1%81.2%
Profit after taxRs m7018421,19041.4%69.9%
Gross profit margin%15.916.018.9
Effective tax rate%32.633.934.0
Net profit margin%8.89.311.6
* 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 28.0% on a year-on-year (YoY) basis. The expenses were up by 23.4% YoY during the same period.
  • The company's operating profit increased by 52.2% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 18.9% in 2QFY19 as against 15.9% in 2QFY18.
  • Depreciation charges increased by 4.6% and finance costs declined by 58.6% YoY, respectively.
  • Other income increased by 139.4% YoY during the quarter.
  • Net profit for the quarter increased by 69.9% YoY. Net profit margins during the quarter increased from 8.8% in 2QFY18 to 11.6% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 13.4% on a quarter-on-quarter (QoQ) basis. The expenses were up by 9.6% QoQ during the same period.
  • The company's operating profit increased by 33.8% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 18.9% in 2QFY19 as against 16.0% in 1QFY18.
  • Net profit for the quarter increased by 41.4% QoQ, while net profit margins increased from 9.3% in 1QFY18 to 11.6% in 2QFY19.

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

ATUL LTD. Share Price Performance

Over the last one year, ATUL LTD. share price has moved up from Rs 2,475.8 to Rs 3,385.0, registering a Gain of Rs 909.3 or around 36.7%.

Overall, the S&P BSE SENSEX is up 5.3% over the year.

Current Valuations

At the current price of Rs 3,385.0, the price to earnings (P/E) ratio of ATUL LTD. stands at 27.2 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 4.5 times.

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Jan 21, 2019 | Updated on Jan 21, 2019

For the quarter ended December 2018, ATUL LTD. has posted a net profit of Rs 1 bn (up 77.1% YoY). Sales on the other hand came in at Rs 10 bn (up 26.9% YoY). Read on for a complete analysis of ATUL LTD.'s quarterly results.

ATUL LTD. Announces Quarterly Results (1QFY19); Net Profit Up 144.5% (Quarterly Result Update)

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For the quarter ended June 2018, ATUL LTD. has posted a net profit of Rs 842 m (up 144.5% YoY). Sales on the other hand came in at Rs 9 bn (up 28.7% YoY). Read on for a complete analysis of ATUL LTD.'s quarterly results.

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