BOMBAY DYEING Announces Quarterly Results (1QFY19); Net Profit Up 186.6%

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?  

BOMBAY DYEING Announces Quarterly Results (1QFY19); Net Profit Up 186.6%
Fri, 10 Aug

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

BOMBAY DYEING Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-17*
3
Mar-18*
3
Jun-18*
QoQ ChangeYoY Change
Net SalesRs m6,2297,5783,975-47.5%-36.2%
Other incomeRs m1557512972.5%-16.9%
TurnoverRs m6,3837,6524,103-46.4%-35.7%
ExpensesRs m5,5595,2913,889-26.5%-30.0%
Gross profitRs m670976-20-102.1%-103.0%
DepreciationRs m757574-1.2%-1.5%
InterestRs m1,0179279906.9%-2.6%
Profit before taxRs m-26750-956-2031.1%
TaxRs m60-60-19-130.8%
Profit after taxRs m-327110-937-956.1%
Gross profit margin%10.812.9-0.5
Effective tax rate%-22.5-121.21.9
Net profit margin%-5.11.4-22.8
* 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 36.2% on a year-on-year (YoY) basis. The expenses were down by 30.0% YoY during the same period.
  • The company's operating profit declined by 103.0% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 0.5% in 1QFY19 as against 10.8% in 1QFY18.
  • Depreciation charges and finance costs declined by 1.5% YoY and 2.6% YoY, respectively.
  • Other income declined by 16.9% YoY during the quarter.
  • Net profit for the quarter increased by 186.6% YoY. Net profit margins during the quarter declined from -5.1% in 1QFY18 to -22.8% in 1QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 47.5% on a quarter-on-quarter (QoQ) basis. The expenses were down by 26.5% QoQ during the same period.
  • The company's operating profit declined by 102.1% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 0.5% in 1QFY19 as against 12.9% in 4QFY18.
  • Net profit for the quarter declined by 956.1% QoQ, while net profit margins declined from 1.4% in 4QFY18 to -22.8% in 1QFY19.

To see how BOMBAY DYEING has performed over the last eight quarters, please visit here.

BOMBAY DYEING Share Price Performance

Over the last one year, BOMBAY DYEING share price has moved up from Rs 69.7 to Rs 266.7, registering a Gain of Rs 197.1 or around 282.9%.

Overall, the S&P BSE SENSEX is up 19.1% over the year.

Current Valuations

At the current price of Rs 266.7, the price to book value (P/BV) ratio of BOMBAY DYEING stands at 8.6 times.

Equitymaster requests your view! Post a comment on "BOMBAY DYEING Announces Quarterly Results (1QFY19); Net Profit Up 186.6%". Click here!

  

Related Views on News

BOMBAY DYEING Announces Quarterly Results (1QFY20); Net Profit Up 129.5% (Quarterly Result Update)

Aug 7, 2019 | Updated on Aug 7, 2019

For the quarter ended June 2019, BOMBAY DYEING has posted a net profit of Rs 276 m (up 129.5% YoY). Sales on the other hand came in at Rs 6 bn (up 63.2% YoY). Read on for a complete analysis of BOMBAY DYEING's quarterly results.

BOMBAY DYEING Announces Quarterly Results (4QFY19); Net Profit Up 11187.9% (Quarterly Result Update)

May 7, 2019 | Updated on May 7, 2019

For the quarter ended March 2019, BOMBAY DYEING has posted a net profit of Rs 12 bn (up 11187.9% YoY). Sales on the other hand came in at Rs 28 bn (up 267.7% YoY). Read on for a complete analysis of BOMBAY DYEING's quarterly results.

More Views on News

Most Popular

My 3 Best Small-cap Stocks to Get Rich in this Market Rebound(Profit Hunter)

Oct 14, 2019

This is once in a decade opportunity to make a killing from smallcap rebound.

Buy these 3 Stocks for Rebound Riches

Oct 18, 2019

Equitymaster's smallcap guru and editor of Hidden Treasure, Richa Agarwal, talks to us about the rebound in the stock market, and the best stocks to profit from it. Listen in...

Two Stocks to Buy in the Great Indian Festival(Profit Hunter)

Oct 11, 2019

Discounts are not just limited to E-tailers. You can buy stocks at 50% off too. Here are two stocks to buy now.

The One Stock I Like in this Market(The 5 Minute Wrapup)

Oct 10, 2019

There are rare periods in markets when you get good quality stocks at attractive valuations. Is this one such period?

5 Smart Money Stocks to Profit from the Market Rebound(The 5 Minute Wrapup)

Oct 11, 2019

Now is the time to put money in these 5 stocks to take advantage of the recovery in the economy and the markets.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2020
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

BOMBAY DYEING SHARE PRICE


Oct 22, 2019 03:37 PM

TRACK BOMBAY DYEING

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

BOMBAY DYEING 5-YR ANALYSIS

COMPARE BOMBAY DYEING WITH

MARKET STATS