BALLARPUR INDUSTRIES Announces Quarterly Results (2QFY19); Net Profit Up 60.7%

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?  

BALLARPUR INDUSTRIES Announces Quarterly Results (2QFY19); Net Profit Up 60.7%
Mon, 5 Nov

BALLARPUR INDUSTRIES has announced its results for the quarter ended September 2018. Here is a detailed performance review of the same:

BALLARPUR INDUSTRIES Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m5,8408,2449,36713.6%60.4%
Other incomeRs m10819523922.6%121.8%
TurnoverRs m5,9488,4399,60613.8%61.5%
ExpensesRs m5,5387,1237,96411.8%43.8%
Gross profitRs m3021,1211,40425.2%364.3%
DepreciationRs m704708652-7.9%-7.3%
InterestRs m2,9651,8192,15618.5%-27.3%
Profit before taxRs m-3,259-1,211-1,165
TaxRs m01131151.4%0.0%
Profit after taxRs m-3,259-1,324-1,280
Gross profit margin%5.213.615.0
Effective tax rate%0.0-9.3-9.8
Net profit margin%-54.8-15.7-13.3
* 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 60.4% on a year-on-year (YoY) basis. The expenses were up by 43.8% YoY during the same period.
  • The company's operating profit increased by 364.3% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 15.0% in 2QFY19 as against 5.2% in 2QFY18.
  • Depreciation charges declined by 7.3% and finance costs declined by 27.3% YoY, respectively.
  • Other income increased by 121.8% YoY during the quarter.
  • Net profit for the quarter increased by 60.7% YoY. Net profit margins during the quarter increased from -54.8% in 2QFY18 to -13.3% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 13.6% on a quarter-on-quarter (QoQ) basis. The expenses were up by 11.8% QoQ during the same period.
  • The company's operating profit increased by 25.2% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 15.0% in 2QFY19 as against 13.6% in 1QFY18.
  • Net profit for the quarter increased by 3.4% QoQ, while net profit margins increased from -15.7% in 1QFY18 to -13.3% in 2QFY19.

To see how BALLARPUR INDUSTRIES has performed over the last eight quarters, please visit here.

BALLARPUR INDUSTRIES Share Price Performance

Over the last one year, BALLARPUR INDUSTRIES share price has moved up from Rs 14.3 to Rs 6.4, registering a Loss of Rs 7.9 or around 55.2%.

Overall, the S&P BSE SENSEX is up 4.1% over the year.

Current Valuations

At the current price of Rs 6.4, the price to book value (P/BV) ratio of BALLARPUR INDUSTRIES stands at 0.2 times.

Equitymaster requests your view! Post a comment on "BALLARPUR INDUSTRIES Announces Quarterly Results (2QFY19); Net Profit Up 60.7%". Click here!

  

Related Views on News

BALLARPUR INDUSTRIES Announces Quarterly Results (1QFY20); Net Profit Up 57.0% (Quarterly Result Update)

Aug 14, 2019 | Updated on Aug 14, 2019

For the quarter ended June 2019, BALLARPUR INDUSTRIES has posted a net profit of Rs 570 m (up 57.0% YoY). Sales on the other hand came in at Rs 9 bn (up 5.8% YoY). Read on for a complete analysis of BALLARPUR INDUSTRIES's quarterly results.

BALLARPUR INDUSTRIES Announces Quarterly Results (4QFY19); Net Profit Up 46.9% (Quarterly Result Update)

May 21, 2019 | Updated on May 21, 2019

For the quarter ended March 2019, BALLARPUR INDUSTRIES has posted a net profit of Rs 5 bn (up 46.9% YoY). Sales on the other hand came in at Rs 9 bn (up 20.8% YoY). Read on for a complete analysis of BALLARPUR INDUSTRIES's quarterly results.

BALLARPUR INDUSTRIES 2017-18 Annual Report Analysis (Annual Result Update)

Apr 2, 2019 | Updated on Apr 2, 2019

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

More Views on News

Most Popular

My Latest Stock Recommendation(Fast Profits Daily)

Jan 10, 2020

The story behind my latest stock recommendation and an important announcement.

Bet on These Smallcap Stocks for Success in 2020(Profit Hunter)

Jan 14, 2020

The smallcap rebound finally seems to here... Make sure you aren't too late to make the most of the biggest wealth making opportunity in a decade.

Your Safe Income Options for 2020(Fast Profits Daily)

Jan 9, 2020

What are you safest investing options in 2020 when interest rates fall.

Guess Which Stocks Are Rising at Double the Speed of Sensex(Profit Hunter)

Jan 15, 2020

These stocks can move twice as fast as the Sensex - to take advantage of their money multiplying power get in now as the rally is still just taking shape.. read more to not miss out.

What the Infosys Results Tell Us About the Next Infosys(The 5 Minute Wrapup)

Jan 15, 2020

If you're interested in the next Infosys, I'll tell you where to look.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get our special report, Secret to Increasing Your Trading Profits Today Now!
We will never sell or rent your email id.
Please read our Terms

BALLARPUR INDUSTRIES SHARE PRICE


Jan 22, 2020 (Close)

TRACK BALLARPUR INDUSTRIES

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

MORE ON BALLARPUR INDUSTRIES

BALLARPUR INDUSTRIES - INTER. PAPER COMPARISON

COMPARE BALLARPUR INDUSTRIES WITH

MARKET STATS