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.BINANI INDUSTRIES has announced its results for the quarter ended March 2018. Here is a detailed performance review of the same:
No. of Mths Qtr. Ending | 3 Mar-17* | 3 Dec-17* | 3 Mar-18* | QoQ Change | YoY Change | |
---|---|---|---|---|---|---|
Net Sales | Rs m | 98 | 35 | -4 | -111.0% | -103.9% |
Other income | Rs m | 177 | 15 | 9 | -35.9% | -94.7% |
Turnover | Rs m | 275 | 49 | 6 | -88.8% | -98.0% |
Expenses | Rs m | 144 | -77 | -91 | -162.7% | |
Gross profit | Rs m | -47 | 102 | 84 | -17.2% | |
Depreciation | Rs m | 5 | 2 | 2 | 0.0% | -54.3% |
Interest | Rs m | 0 | 126 | 131 | 3.6% | 0.0% |
Profit before tax | Rs m | 126 | -12 | -40 | -131.4% | |
Tax | Rs m | 36 | 0 | 0 | 0.0% | -100.0% |
Profit after tax | Rs m | 90 | -12 | -40 | -144.1% | |
Gross profit margin | % | -47.5 | 294.5 | -2,213.2 | ||
Effective tax rate | % | 28.8 | 0.0 | 0.0 | ||
Net profit margin | % | 32.6 | -24.9 | -718.2 |
To see how BINANI INDUSTRIES has performed over the last eight quarters, please visit here.
Over the last one year, BINANI INDUSTRIES share price has moved up from Rs 78.9 to Rs 89.7, registering a Gain of Rs 10.8 or around 13.6%.
Meanwhile, the S&P BSE METAL Index is trading at Rs 12,938.1 (down 1.8%). Over the last one year it has moved up from 11,325.2 to 12,938.1, a gain of 1,612.9 points (up 14.2%).
Overall, the S&P BSE SENSEX is down 0.5% over the year.
At the current price of Rs 89.7, the price to earnings (P/E) ratio of BINANI INDUSTRIES stands at NM times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at -0.2 times.
| |
For the quarter ended September 2018, BINANI INDUSTRIES has posted a net profit of Rs 15 m (down 5200.0% YoY). Sales on the other hand came in at Rs 4 m (down 116.1% YoY). Read on for a complete analysis of BINANI INDUSTRIES's quarterly results.
More Views on NewsTanushree Banerjee explains everything you need to know about the Rebirth of India and Sensex 100,000.
Managements of companies can create or ruin their fortunes. Why is management quality such an important factor in valuing businesses? Read on to find out...
A roundtable on the 18th of January 2019 had investors with billions of dollars of investment kitty.
This is the trick to following super investors and not losing money.
While selecting good businesses is relatively easy task in a bearish phase, where most people fail is in having enough patience to hold the quality stocks until recovery.
More
| |
Equitymaster requests your view! Post a comment on "BINANI INDUSTRIES Announces Quarterly Results (4QFY18); Net Profit Down 144.1%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!