BL KASHYAP & SONS Announces Quarterly Results (1QFY20); Net Profit Down 128.9%

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?  

BL KASHYAP & SONS Announces Quarterly Results (1QFY20); Net Profit Down 128.9%
Fri, 16 Aug

BL KASHYAP & SONS has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

BL KASHYAP & SONS Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m2,0511,5061,70913.5%-16.7%
Other incomeRs m69285183.8%-25.3%
TurnoverRs m2,1201,5341,76114.8%-16.9%
ExpensesRs m1,7961,5541,6516.2%-8.1%
Gross profitRs m255-4859-77.1%
DepreciationRs m2326274.3%19.7%
InterestRs m12411513516.9%8.6%
Profit before taxRs m177-162-52-129.5%
TaxRs m58-38-18-130.8%
Profit after taxRs m119-123-34-128.9%
Gross profit margin%12.4-3.23.4
Effective tax rate%32.923.734.3
Net profit margin%5.6-8.0-1.9
* 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 16.7% on a year-on-year (YoY) basis. The expenses were down by 8.1% YoY during the same period.
  • The company's operating profit declined by 77.1% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 3.4% in 1QFY20 as against 12.4% in 1QFY19.
  • Depreciation charges increased by 19.7% and finance costs increased by 8.6% YoY, respectively.
  • Other income declined by 25.3% YoY during the quarter.
  • Net profit for the quarter declined by 128.9% YoY. Net profit margins during the quarter declined from 5.6% in 1QFY19 to -1.9% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 13.5% on a quarter-on-quarter (QoQ) basis. The expenses were up by 6.2% QoQ during the same period.
  • The company's operating profit increased by 221.5% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 3.4% in 1QFY20 as against 3.2% in 4QFY19.
  • Net profit for the quarter increased by 72.2% QoQ, while net profit margins increased from -8.0% in 4QFY19 to -1.9% in 1QFY20.

To see how BL KASHYAP & SONS has performed over the last eight quarters,please visit here.

BL KASHYAP & SONS Share Price Performance

Over the last one year,BL KASHYAP & SONS share price has moved down from Rs 32.8 to Rs 9.3, registering a Loss of Rs 23.5 or around 71.8%.

Meanwhile, the S&P BSE REALTY Index is trading at Rs 2,038.5 (up 0.1%). Over the last one year it has moved down from 2,117.8 to 2,038.5, a gain of 79 points (down 3.7%).

Overall, the S&P BSE SENSEX is down 2.0% over the year.

Current Valuations

At the current price of Rs 9.3, the price to book value (P/BV) ratio of BL KASHYAP & SONS stands at 0.4 times.

Equitymaster requests your view! Post a comment on "BL KASHYAP & SONS Announces Quarterly Results (1QFY20); Net Profit Down 128.9%". Click here!

  

Related Views on News

Mindspace Business Parks REIT IPO - Should You Apply? (IPO)

Jul 27, 2020

Should you apply for the IPO of Mindspace Business Parks REIT?

BL KASHYAP & SONS Announces Quarterly Results (4QFY19); Net Profit Down 147.4% (Quarterly Result Update)

Jun 13, 2019 | Updated on Jun 13, 2019

For the quarter ended March 2019, BL KASHYAP & SONS has posted a net profit of Rs 123 m (down 147.4% YoY). Sales on the other hand came in at Rs 2 bn (down 37.2% YoY). Read on for a complete analysis of BL KASHYAP & SONS's quarterly results.

BL KASHYAP & SONS Announces Quarterly Results (3QFY19); Net Profit Down 53.6% (Quarterly Result Update)

Feb 15, 2019 | Updated on Feb 15, 2019

For the quarter ended December 2018, BL KASHYAP & SONS has posted a net profit of Rs 45 m (down 53.6% YoY). Sales on the other hand came in at Rs 2 bn (down 22.9% YoY). Read on for a complete analysis of BL KASHYAP & SONS's quarterly results.

BL KASHYAP & SONS 2017-18 Annual Report Analysis (Annual Result Update)

Dec 18, 2018 | Updated on Dec 18, 2018

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

IRCON International IPO: Is This PSU Worth Betting On? (IPO)

Sep 17, 2018

Should you subscribe to the IPO of IRCON International Ltd?

More Views on News

Most Popular

These 5 Smallcaps Deserve a Place in Your Coffee Can Portfolio(Profit Hunter)

Jul 28, 2020

When it comes to quality stocks, doing less is more.

My Best Trading Ideas When Interest Rates Are So Low(Fast Profits Daily)

Jul 23, 2020

India's interest rates are lower than the inflation rate. Here are the best trades for this situation.

Before You Buy Your First Electric Vehicle Consider Buying this Stock(Profit Hunter)

Jul 29, 2020

As competition intensifies in the electric vehicle space, only few will create huge wealth over the years.

Gold or Silver: Which One Should You Buy Now?(Fast Profits Daily)

Jul 24, 2020

Silver and gold are both vying for your attention. Which is the better trade today?

More

Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

BL KASHYAP & SONS SHARE PRICE


Aug 5, 2020 12:57 PM

TRACK BL KASHYAP & SONS

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

MORE ON BL KASHYAP & SONS

BL KASHYAP & SONS 8-QTR ANALYSIS

COMPARE BL KASHYAP & SONS WITH

MARKET STATS