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BALMER LAWRIE Announces Quarterly Results (1QFY19); Net Profit Up 30.1%

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BALMER LAWRIE Announces Quarterly Results (1QFY19); Net Profit Up 30.1%
Tue, 31 Jul

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

BALMER LAWRIE Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-17*
3
Mar-18*
3
Jun-18*
QoQ ChangeYoY Change
Net SalesRs m4,9844,7804,8892.3%-1.9%
Other incomeRs m101393116-70.4%15.4%
TurnoverRs m5,0855,1735,005-3.2%-1.6%
ExpensesRs m4,5583,9274,32410.1%-5.1%
Gross profitRs m426853565-33.8%32.8%
DepreciationRs m647666-12.3%3.0%
InterestRs m1291463.5%17.8%
Profit before taxRs m4501,162601-48.3%33.6%
TaxRs m151283212-24.9%40.5%
Profit after taxRs m299880389-55.8%30.1%
Gross profit margin%8.517.911.6
Effective tax rate%33.624.335.3
Net profit margin%5.917.07.8
* 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 fell 1.9% on a year-on-year (YoY) basis. The expenses were down by 5.1% YoY during the same period.
  • The company's operating profit increased by 32.8% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 11.6% in 1QFY19 as against 8.5% in 1QFY18.
  • Depreciation charges and finance costs increased by 3.0% YoY and 17.8% YoY, respectively.
  • Other income increased by 15.4% YoY during the quarter.
  • Net profit for the quarter increased by 30.1% YoY. Net profit margins during the quarter increased from 5.9% in 1QFY18 to 7.8% in 1QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 2.3% on a quarter-on-quarter (QoQ) basis. The expenses were up by 10.1% QoQ during the same period.
  • The company's operating profit declined by 33.8% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 11.6% in 1QFY19 as against 17.9% in 4QFY18.
  • Net profit for the quarter declined by 55.8% QoQ, while net profit margins declined from 17.0% in 4QFY18 to 7.8% in 1QFY19.

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

BALMER LAWRIE Share Price Performance

Over the last one year, BALMER LAWRIE share price has moved up from Rs 250.9 to Rs 220.3, registering a Loss of Rs 30.6 or around 12.2%.

Overall, the S&P BSE SENSEX is down 0.4% over the year.

Current Valuations

At the current price of Rs 220.3, the price to earnings (P/E) ratio of BALMER LAWRIE stands at 13.0 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.8 times.

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BALMER LAWRIE Announces Quarterly Results (3QFY19); Net Profit Down 34.1% (Quarterly Result Update)

Feb 11, 2019 | Updated on Feb 11, 2019

For the quarter ended December 2018, BALMER LAWRIE has posted a net profit of Rs 269 m (down 34.1% YoY). Sales on the other hand came in at Rs 4 bn (down 4.1% YoY). Read on for a complete analysis of BALMER LAWRIE's quarterly results.

BALMER LAWRIE 2017-18 Annual Report Analysis (Annual Result Update)

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

BALMER LAWRIE Announces Quarterly Results (2QFY19); Net Profit Up 31.7% (Quarterly Result Update)

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For the quarter ended September 2018, BALMER LAWRIE has posted a net profit of Rs 344 m (up 31.7% YoY). Sales on the other hand came in at Rs 4 bn (up 12.3% YoY). Read on for a complete analysis of BALMER LAWRIE's quarterly results.

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