BAJAJ CONSUMER CARE Announces Quarterly Results (2QFY21); Net Profit Down 0.1%

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?  

BAJAJ CONSUMER CARE Announces Quarterly Results (2QFY21); Net Profit Down 0.1%
Mon, 19 Oct

BAJAJ CONSUMER CARE has announced its results for the quarter ended September 2020. Here is a detailed performance review of the same:

BAJAJ CONSUMER CARE Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-19*
3
Jun-20*
3
Sep-20*
QoQ ChangeYoY Change
Net SalesRs m2,1711,9612,25314.9%3.8%
Other incomeRs m6510684-20.1%29.1%
TurnoverRs m2,2362,0662,33713.1%4.5%
ExpensesRs m1,5491,3911,62616.9%5.0%
Gross profitRs m62256962710.1%0.7%
DepreciationRs m1314153.9%12.5%
InterestRs m1743-35.5%-84.9%
Profit before taxRs m6576576945.6%5.5%
TaxRs m841151215.6%43.6%
Profit after taxRs m5735425735.7%-0.1%
Gross profit margin%28.729.027.8
Effective tax rate%12.817.517.5
Net profit margin%25.626.224.5
* 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 3.8% on a year-on-year (YoY) basis. The expenses were up by 5.0% YoY during the same period.
  • The company's operating profit increased by 0.7% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 27.8% in 2QFY21 as against 28.7% in 2QFY20.
  • Depreciation charges increased by 12.5% and finance costs declined by 84.9% YoY, respectively.
  • Other income increased by 29.1% YoY during the quarter.
  • Net profit for the quarter declined by 0.1% YoY. Net profit margins during the quarter declined from 25.6% in 2QFY20 to 24.5% in 2QFY21.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 14.9% on a quarter-on-quarter (QoQ) basis. The expenses were up by 16.9% QoQ during the same period.
  • The company's operating profit increased by 10.1% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 27.8% in 2QFY21 as against 29.0% in 1QFY20.
  • Net profit for the quarter increased by 5.7% QoQ, while net profit margins declined from 26.2% in 1QFY20 to 24.5% in 2QFY21.

To see how BAJAJ CONSUMER CARE has performed over the last eight quarters,please visit here.

Get Details: These 3 Stocks are the Dark Horses of the Stock Market

BAJAJ CONSUMER CARE Share Price Performance

Over the last one year, BAJAJ CONSUMER CARE share price has moved down from Rs 264.2 to Rs 197.6, registering a Loss of Rs 66.7 or around 25.2%.

Meanwhile, the S&P BSE FMCG Index is trading at Rs 11,089.1 (up 0.9%). Over the last one year it has moved down from 11,929.2 to 11,089.1, a gain of 840 points (down 7.0%).

Overall, the S&P BSE SENSEX is up 4.8% over the year.

Current Valuations

At the current price of Rs 197.6, the price to earnings (P/E) ratio of BAJAJ CONSUMER CARE stands at 15.7 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 6.2 times.

Equitymaster requests your view! Post a comment on "BAJAJ CONSUMER CARE Announces Quarterly Results (2QFY21); Net Profit Down 0.1%". Click here!

  

Related Views on News

BAJAJ CONSUMER CARE Announces Quarterly Results (3QFY20); Net Profit Down 16.7% (Quarterly Result Update)

Feb 11, 2020 | Updated on Feb 11, 2020

For the quarter ended December 2019, BAJAJ CONSUMER CARE has posted a net profit of Rs 501 m (down 16.7% YoY). Sales on the other hand came in at Rs 2 bn (down 7.9% YoY). Read on for a complete analysis of BAJAJ CONSUMER CARE's quarterly results.

BAJAJ CONSUMER CARE Announces Quarterly Results (2QFY20); Net Profit Up 10.9% (Quarterly Result Update)

Oct 14, 2019 | Updated on Oct 14, 2019

For the quarter ended September 2019, BAJAJ CONSUMER CARE has posted a net profit of Rs 573 m (up 10.9% YoY). Sales on the other hand came in at Rs 2 bn (up 2.1% YoY). Read on for a complete analysis of BAJAJ CONSUMER CARE's quarterly results.

BAJAJ CONSUMER CARE 2018-19 Annual Report Analysis (Annual Result Update)

Jun 24, 2019 | Updated on Jun 24, 2019

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

More Views on News

Most Popular

It's the Beginning of a New Bull Phase in Smallcaps(Profit Hunter)

Feb 24, 2021

Last time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.

Make Rs 5,000 Per Day Trading the Market(Fast Profits Daily)

Feb 25, 2021

In this video, I'll show you how to get started on the path to daily trading profits.

I Believe the Investment of the Year Will Be...

Feb 19, 2021

In this episode, ace trader Brijesh Bhatia talks to us about the best investments of 2021, his profitable trading system, and much more.

The Hidden Tesla in My Great Indian Wealth Project(Profit Hunter)

Feb 23, 2021

An Indian company founded three decades ago in a garage caught my attention...

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

BAJAJ CONSUMER CARE SHARE PRICE


Mar 3, 2021 11:12 AM

TRACK BAJAJ CONSUMER CARE

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

MORE ON BAJAJ CONSUMER CARE

BAJAJ CONSUMER CARE 8-QTR ANALYSIS

COMPARE BAJAJ CONSUMER CARE WITH

MARKET STATS