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.
TATA STEEL BSL Announces Quarterly Results (4QFY19); Net Profit Up 99.0%

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?  

TATA STEEL BSL Announces Quarterly Results (4QFY19); Net Profit Up 99.0%
Mon, 22 Apr

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

TATA STEEL BSL Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m44,96048,88555,17512.9%22.7%
Other incomeRs m691342302-11.6%-56.3%
TurnoverRs m45,65149,22755,47712.7%21.5%
ExpensesRs m37,32738,80847,31521.9%26.8%
Gross profitRs m-222,2828,7358,643-1.1%
DepreciationRs m5,1833,5863,6602.1%-29.4%
InterestRs m17,2617,8877,408-6.1%-57.1%
Profit before taxRs m-244,035-2,396-2,124
TaxRs m-31,506000.0%
Profit after taxRs m-212,529-2,396-2,124
Gross profit margin%-494.417.915.7
Effective tax rate%12.90.00.0
Net profit margin%-465.6-4.9-3.8
* 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 grew 22.7% on a year-on-year (YoY) basis. The expenses were up by 26.8% YoY during the same period.
  • The company's operating profit declined by 103.9% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 15.7% in 4QFY19 as against 494.4% in 4QFY18.
  • Depreciation charges declined by 29.4% and finance costs declined by 57.1% YoY, respectively.
  • Other income declined by 56.3% YoY during the quarter.
  • Net profit for the quarter increased by 99.0% YoY. Net profit margins during the quarter increased from -465.6% in 4QFY18 to -3.8% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 12.9% on a quarter-on-quarter (QoQ) basis. The expenses were up by 21.9% QoQ during the same period.
  • The company's operating profit declined by 1.1% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 15.7% in 4QFY19 as against 17.9% in 3QFY18.
  • Net profit for the quarter increased by 11.4% QoQ, while net profit margins increased from -4.9% in 3QFY18 to -3.8% in 4QFY19.

To see how TATA STEEL BSL has performed over the last eight quarters, please visit here.

TATA STEEL BSL Share Price Performance

Over the last one year, TATA STEEL BSL share price has moved up from Rs 35.8 to Rs 33.8, registering a Loss of Rs 2.0 or around 5.5%.

Meanwhile, the S&P BSE METAL Index is trading at Rs 11,537.3 (down 0.6%). Over the last one year it has moved down from 14,732.0 to 11,537.3, a gain of 3,195 points (down 21.7%).

Overall, the S&P BSE SENSEX is up 13.2% over the year.

Current Valuations

At the current price of Rs 33.8, the price to earnings (P/E) ratio of TATA STEEL BSL stands at 0.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.2 times.

Equitymaster requests your view! Post a comment on "TATA STEEL BSL Announces Quarterly Results (4QFY19); Net Profit Up 99.0%". Click here!

  

Related Views on News

TATA STEEL BSL Announces Quarterly Results (1QFY20); Net Profit Down 94.6% (Quarterly Result Update)

Jul 29, 2019 | Updated on Jul 29, 2019

For the quarter ended June 2019, TATA STEEL BSL has posted a net profit of Rs 1 bn (down 94.6% YoY). Sales on the other hand came in at Rs 43 bn (down 6.3% YoY). Read on for a complete analysis of TATA STEEL BSL's quarterly results.

BHUSHAN STEEL Announces Quarterly Results (2QFY19); Net Profit Up 102.6% (Quarterly Result Update)

Nov 5, 2018 | Updated on Nov 5, 2018

For the quarter ended September 2018, BHUSHAN STEEL has posted a net profit of Rs 607 m (up 102.6% YoY). Sales on the other hand came in at Rs 59 bn (up 35.5% YoY). Read on for a complete analysis of BHUSHAN STEEL's quarterly results.

More Views on News

Most Popular

This 60-Year Old Smallcap Company Could Be Our Next Recommendation(The 5 Minute Wrapup)

Aug 12, 2019

My experience at the recent AGM of this smallcap company which has financials of any FMCG major.

Interest Rates Are Low. Buy Solid Dividend Stocks Instead(The 5 Minute Wrapup)

Aug 13, 2019

The dividends paid by these stocks are helpful when interest rates are falling.

Smallcaps that Will Outperform in the Market Rebound(Profit Hunter)

Aug 12, 2019

Only These Smallcaps Will Give Historic Returns in the Future.

My Top 3 Dividend Stocks to Buy Now(Profit Hunter)

Aug 19, 2019

As markets continue to rattle amid earning season, upcoming elections, volatile crude price and US China trade war, it's a great idea to add some stability to your portfolio by adding dividend stocks.

Chandrayaan 2 Heads to the Moon and It's Good News for These Stocks(The 5 Minute Wrapup)

Aug 14, 2019

Why investors should take note of India's advantage as a low cost satellite launcher...

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

TATA STEEL BSL SHARE PRICE


Aug 23, 2019 (Close)

TRACK TATA STEEL BSL

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

MORE ON TATA STEEL BSL

TATA STEEL BSL 5-YR ANALYSIS

COMPARE TATA STEEL BSL WITH

MARKET STATS