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

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?  

BALMER LAWRIE Announces Quarterly Results (2QFY19); Net Profit Up 31.7%
Thu, 15 Nov

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

BALMER LAWRIE Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m3,7134,8894,171-14.7%12.3%
Other incomeRs m14311617953.7%25.0%
TurnoverRs m3,8565,0054,350-13.1%12.8%
ExpensesRs m3,4004,3243,767-12.9%10.8%
Gross profitRs m313565404-28.5%29.1%
DepreciationRs m656666-0.8%1.9%
InterestRs m101410-25.2%7.2%
Profit before taxRs m382601506-15.8%32.7%
TaxRs m120212162-23.6%34.9%
Profit after taxRs m261389344-11.5%31.7%
Gross profit margin%8.411.69.7
Effective tax rate%31.535.332.0
Net profit margin%6.87.87.9
* 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 12.3% on a year-on-year (YoY) basis. The expenses were up by 10.8% YoY during the same period.
  • The company's operating profit increased by 29.1% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 9.7% in 2QFY19 as against 8.4% in 2QFY18.
  • Depreciation charges increased by 1.9% and finance costs increased by 7.2% YoY, respectively.
  • Other income increased by 25.0% YoY during the quarter.
  • Net profit for the quarter increased by 31.7% YoY. Net profit margins during the quarter increased from 6.8% in 2QFY18 to 7.9% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 14.7% on a quarter-on-quarter (QoQ) basis. The expenses were down by 12.9% QoQ during the same period.
  • The company's operating profit declined by 28.5% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 9.7% in 2QFY19 as against 11.6% in 1QFY18.
  • Net profit for the quarter declined by 11.5% QoQ, while net profit margins increased from 7.8% in 1QFY18 to 7.9% in 2QFY19.

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 262.3 to Rs 198.4, registering a Loss of Rs 64.0 or around 24.4%.

Overall, the S&P BSE SENSEX is up 6.8% over the year.

Current Valuations

At the current price of Rs 198.4, the price to earnings (P/E) ratio of BALMER LAWRIE stands at 11.2 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.7 times.

Equitymaster requests your view! Post a comment on "BALMER LAWRIE Announces Quarterly Results (2QFY19); Net Profit Up 31.7%". Click here!

  

Related Views on News

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)

Dec 31, 2018 | Updated on Dec 31, 2018

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 (1QFY19); Net Profit Up 30.1% (Quarterly Result Update)

Jul 31, 2018 | Updated on Jul 31, 2018

For the quarter ended June 2018, BALMER LAWRIE has posted a net profit of Rs 389 m (up 30.1% YoY). Sales on the other hand came in at Rs 5 bn (down 1.9% YoY). Read on for a complete analysis of BALMER LAWRIE's quarterly results.

More Views on News

Most Popular

7 Stocks to Profit from Sensex 100,000(The 5 Minute Wrapup)

Feb 4, 2019

Tanushree Banerjee explains everything you need to know about the Rebirth of India and Sensex 100,000.

The RCom Bankruptcy: 5 Lessons for Smallcap Investors(Profit Hunter)

Feb 7, 2019

Managements of companies can create or ruin their fortunes. Why is management quality such an important factor in valuing businesses? Read on to find out...

Here's What the Biggest 'Rebirth of India' Investors are Doing(The 5 Minute Wrapup)

Feb 5, 2019

A roundtable on the 18th of January 2019 had investors with billions of dollars of investment kitty.

The One Real Estate Stock to Buy Now(The 5 Minute Wrapup)

Feb 13, 2019

The real estate sector is ready to make a comeback. This is the stock to consider buying.

Do You Have the Stomach to Survive a Small Cap Crash?(Profit Hunter)

Feb 5, 2019

While selecting good businesses is relatively easy task in a bearish phase, where most people fail is in having enough patience to hold the quality stocks until recovery.

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

BALMER LAWRIE SHARE PRICE


Feb 15, 2019 (Close)

TRACK BALMER LAWRIE

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

BALMER LAWRIE - 3M INDIA COMPARISON

COMPARE BALMER LAWRIE WITH

MARKET STATS