BIRLA CABLE Announces Quarterly Results (4QFY19); Net Profit Down 42.9%

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?  

BIRLA CABLE Announces Quarterly Results (4QFY19); Net Profit Down 42.9%
Tue, 21 May

BIRLA CABLE has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:

BIRLA CABLE Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m1,1431,4411,004-30.3%-12.2%
Other incomeRs m3116-45.0%103.8%
TurnoverRs m1,1461,4511,010-30.4%-11.9%
ExpensesRs m9891,185901-24.0%-8.9%
Gross profitRs m154256103-59.7%-32.9%
DepreciationRs m213528-20.6%32.9%
InterestRs m131910-49.5%-23.9%
Profit before taxRs m12321272-66.2%-41.8%
TaxRs m346121-65.7%-38.7%
Profit after taxRs m8915251-66.5%-42.9%
Gross profit margin%13.517.710.3
Effective tax rate%27.528.529.0
Net profit margin%7.810.55.0
* 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 12.2% on a year-on-year (YoY) basis. The expenses were down by 8.9% YoY during the same period.
  • The company's operating profit declined by 32.9% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 10.3% in 4QFY19 as against 13.5% in 4QFY18.
  • Depreciation charges increased by 32.9% and finance costs declined by 23.9% YoY, respectively.
  • Other income increased by 103.8% YoY during the quarter.
  • Net profit for the quarter declined by 42.9% YoY. Net profit margins during the quarter declined from 7.8% in 4QFY18 to 5.0% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 30.3% on a quarter-on-quarter (QoQ) basis. The expenses were down by 24.0% QoQ during the same period.
  • The company's operating profit declined by 59.7% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 10.3% in 4QFY19 as against 17.7% in 3QFY18.
  • Net profit for the quarter declined by 66.5% QoQ, while net profit margins declined from 10.5% in 3QFY18 to 5.0% in 4QFY19.

To see how BIRLA CABLE has performed over the last eight quarters, please visit here.

BIRLA CABLE Share Price Performance

Over the last one year, BIRLA CABLE share price has moved up from Rs 69.1 to Rs 106.7, registering a Gain of Rs 37.6 or around 54.4%.

Overall, the S&P BSE SENSEX is up 13.9% over the year.

Current Valuations

At the current price of Rs 106.7, the price to earnings (P/E) ratio of BIRLA CABLE stands at 6.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.6 times.

Equitymaster requests your view! Post a comment on "BIRLA CABLE Announces Quarterly Results (4QFY19); Net Profit Down 42.9%". Click here!

  

Related Views on News

BIRLA CABLE Announces Quarterly Results (1QFY20); Net Profit Down 95.4% (Quarterly Result Update)

Aug 16, 2019 | Updated on Aug 16, 2019

For the quarter ended June 2019, BIRLA CABLE has posted a net profit of Rs 5 m (down 95.4% YoY). Sales on the other hand came in at Rs 433 m (down 63.2% YoY). Read on for a complete analysis of BIRLA CABLE's quarterly results.

More Views on News

Most Popular

Is Intraday Trading For You?(Fast Profits Daily)

May 13, 2021

Do you think you have what it takes to be an intraday trader? Find out in this video.

My Secret to Find Breakthrough Stocks(Fast Profits Daily)

May 7, 2021

I've used this trading technique for many years with great success. I'm sharing it with you today.

Are the Stock Markets Deaf to Covid Agony?(Profit Hunter)

May 6, 2021

Why are markets discounting the economic impact of Covid?

The Key to Profit from India's EV Revolution(Profit Hunter)

May 7, 2021

Stocks you must consider investing in before buying your first electric vehicle.

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

BIRLA CABLE SHARE PRICE


May 17, 2021 09:50 AM

TRACK BIRLA CABLE

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

BIRLA CABLE - PARAMOUNT COMM COMPARISON

COMPARE BIRLA CABLE WITH

MARKET STATS