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BIRLA CABLE LTD Announces Quarterly Results (3QFY19); Net Profit Up 210.0%

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BIRLA CABLE LTD Announces Quarterly Results (3QFY19); Net Profit Up 210.0%
Thu, 14 Feb

BIRLA CABLE LTD has announced its results for the quarter ended December 2018. Here is a detailed performance review of the same:

BIRLA CABLE LTD Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m8261,4041,4412.6%74.4%
Other incomeRs m3111638.6%216.9%
TurnoverRs m8301,4051,4513.3%75.0%
ExpensesRs m7231,1491,1853.2%63.9%
Gross profitRs m1032552560.2%147.7%
DepreciationRs m20223558.4%73.1%
InterestRs m6121962.8%246.6%
Profit before taxRs m81223212-4.7%162.2%
TaxRs m326561-7.5%89.2%
Profit after taxRs m49157152-3.5%210.0%
Gross profit margin%12.518.217.7
Effective tax rate%39.529.428.5
Net profit margin%5.911.210.5
* 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 74.4% on a year-on-year (YoY) basis. The expenses were up by 63.9% YoY during the same period.
  • The company's operating profit increased by 147.7% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 17.7% in 3QFY19 as against 12.5% in 3QFY18.
  • Depreciation charges increased by 73.1% and finance costs increased by 246.6% YoY, respectively.
  • Other income increased by 216.9% YoY during the quarter.
  • Net profit for the quarter increased by 210.0% YoY. Net profit margins during the quarter increased from 5.9% in 3QFY18 to 10.5% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 2.6% on a quarter-on-quarter (QoQ) basis. The expenses were up by 3.2% QoQ during the same period.
  • The company's operating profit declined by 0.2% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 17.7% in 3QFY19 as against 18.2% in 2QFY18.
  • Net profit for the quarter declined by 3.5% QoQ, while net profit margins declined from 11.2% in 2QFY18 to 10.5% in 3QFY19.

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

BIRLA CABLE LTD Share Price Performance

Over the last one year, BIRLA CABLE LTD share price has moved up from Rs 70.0 to Rs 158.0, registering a Gain of Rs 88.0 or around 125.7%.

Overall, the S&P BSE SENSEX is up 5.3% over the year.

Current Valuations

At the current price of Rs 158.0, the price to earnings (P/E) ratio of BIRLA CABLE LTD stands at 9.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.9 times.

Equitymaster requests your view! Post a comment on "BIRLA CABLE LTD Announces Quarterly Results (3QFY19); Net Profit Up 210.0%". Click here!

1 Responses to "BIRLA CABLE LTD Announces Quarterly Results (3QFY19); Net Profit Up 210.0%"

UPENDRA Singh

May 25, 2019

This is a top loser in midcap ,I can hold this share next 2 to 3 month then I accepted to growth and a lot of project and order for 5G service .

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Equitymaster requests your view! Post a comment on "BIRLA CABLE LTD Announces Quarterly Results (3QFY19); Net Profit Up 210.0%". Click here!

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

May 21, 2019 | Updated on May 21, 2019

For the quarter ended March 2019, BIRLA CABLE has posted a net profit of Rs 51 m (down 42.9% YoY). Sales on the other hand came in at Rs 1 bn (down 12.2% YoY). Read on for a complete analysis of BIRLA CABLE's quarterly results.

BIRLA CABLE LTD 2017-18 Annual Report Analysis (Annual Result Update)

Jan 24, 2019 | Updated on Jan 24, 2019

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

BIRLA CABLE LTD Announces Quarterly Results (2QFY19); Net Profit Up 492.2% (Quarterly Result Update)

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For the quarter ended September 2018, BIRLA CABLE LTD has posted a net profit of Rs 157 m (up 492.2% YoY). Sales on the other hand came in at Rs 1 bn (up 75.0% YoY). Read on for a complete analysis of BIRLA CABLE LTD's quarterly results.

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