BASF INDIA Announces Quarterly Results (2QFY20); Net Profit Down 75.3%

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?  

BASF INDIA Announces Quarterly Results (2QFY20); Net Profit Down 75.3%
Thu, 14 Nov

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

BASF INDIA Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-18*
3
Jun-19*
3
Sep-19*
QoQ ChangeYoY Change
Net SalesRs m16,75616,13820,74328.5%23.8%
Other incomeRs m29556314.2%112.9%
TurnoverRs m16,78516,19220,80628.5%24.0%
ExpensesRs m16,07415,32019,98330.4%24.3%
Gross profitRs m682754651-13.7%-4.6%
DepreciationRs m3704554560.2%23.2%
InterestRs m223242226-6.3%1.7%
Profit before taxRs m11911331-72.4%-73.8%
TaxRs m25318-74.1%-68.4%
Profit after taxRs m948223-71.7%-75.3%
Gross profit margin%4.14.73.1
Effective tax rate%21.027.125.4
Net profit margin%0.60.50.1
* 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 23.8% on a year-on-year (YoY) basis. The expenses were up by 24.3% YoY during the same period.
  • The company's operating profit declined by 4.6% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 3.1% in 2QFY20 as against 4.1% in 2QFY19.
  • Depreciation charges increased by 23.2% and finance costs increased by 1.7% YoY, respectively.
  • Other income increased by 112.9% YoY during the quarter.
  • Net profit for the quarter declined by 75.3% YoY. Net profit margins during the quarter declined from 0.6% in 2QFY19 to 0.1% in 2QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 28.5% on a quarter-on-quarter (QoQ) basis. The expenses were up by 30.4% QoQ during the same period.
  • The company's operating profit declined by 13.7% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 3.1% in 2QFY20 as against 4.7% in 1QFY19.
  • Net profit for the quarter declined by 71.7% QoQ, while net profit margins declined from 0.5% in 1QFY19 to 0.1% in 2QFY20.

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

DISCOVER: How to Potentially Multiply Your Returns by Upto 5x...

BASF INDIA Share Price Performance

Over the last one year,BASF INDIA share price has moved down from Rs 1,595.0 to Rs 976.0, registering a Loss of Rs 619.0 or around 38.8%.

Overall, the S&P BSE SENSEX is up 14.4% over the year.

Current Valuations

At the current price of Rs 976.0, the price to earnings (P/E) ratio of BASF INDIA stands at 72.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.0 times.

Equitymaster requests your view! Post a comment on "BASF INDIA Announces Quarterly Results (2QFY20); Net Profit Down 75.3%". Click here!

  

Related Views on News

BASF INDIA Announces Quarterly Results (4QFY20); Net Profit Down 53.2% (Quarterly Result Update)

May 27, 2020 | Updated on May 27, 2020

For the quarter ended March 2020, BASF INDIA has posted a net profit of Rs 404 m (down 53.2% YoY). Sales on the other hand came in at Rs 18 bn (up 40.3% YoY). Read on for a complete analysis of BASF INDIA's quarterly results.

BASF INDIA Announces Quarterly Results (1QFY20); Net Profit Down 66.5% (Quarterly Result Update)

Aug 7, 2019 | Updated on Aug 7, 2019

For the quarter ended June 2019, BASF INDIA has posted a net profit of Rs 82 m (down 66.5% YoY). Sales on the other hand came in at Rs 16 bn (down 0.8% YoY). Read on for a complete analysis of BASF INDIA's quarterly results.

BASF INDIA 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 BASF INDIA for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of BASF INDIA. Also includes updates on the valuation of BASF INDIA.

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.

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...

Gold 65,000 and Silver 84,000 in 2022

Feb 26, 2021

In this episode of the Investor Hour, India's #1 trader, Vijay Bhambwani, talks to us about the stock market, his new targets for gold and silver, the best long-term investment opportunity, and a lot more.

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

BASF INDIA SHARE PRICE


Mar 5, 2021 (Close)

TRACK BASF INDIA

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

BASF INDIA 8-QTR ANALYSIS

COMPARE BASF INDIA WITH

MARKET STATS