LINDE INDIA Announces Quarterly Results (1QFY20); Net Profit Up 284.1%

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LINDE INDIA Announces Quarterly Results (1QFY20); Net Profit Up 284.1%
Wed, 24 Jul

LINDE INDIA has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

LINDE INDIA Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m5,4964,4114,98213.0%-9.4%
Other incomeRs m124924-50.6%111.4%
TurnoverRs m5,5084,4605,00712.2%-9.1%
ExpensesRs m4,6423,2844,03622.9%-13.0%
Gross profitRs m8541,127946-16.1%10.8%
DepreciationRs m5124234281.1%-16.4%
InterestRs m261233232-0.1%-10.8%
Profit before taxRs m93521310-40.4%233.0%
TaxRs m41165109-34.2%167.1%
Profit after taxRs m52356202-43.3%284.1%
Gross profit margin%15.525.619.0
Effective tax rate%43.631.735.0
Net profit margin%1.08.04.0
* 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 9.4% on a year-on-year (YoY) basis. The expenses were down by 13.0% YoY during the same period.
  • The company's operating profit increased by 10.8% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 19.0% in 1QFY20 as against 15.5% in 1QFY19.
  • Depreciation charges declined by 16.4% and finance costs declined by 10.8% YoY, respectively.
  • Other income increased by 111.4% YoY during the quarter.
  • Net profit for the quarter increased by 284.1% YoY. Net profit margins during the quarter increased from 1.0% in 1QFY19 to 4.0% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 13.0% on a quarter-on-quarter (QoQ) basis. The expenses were up by 22.9% QoQ during the same period.
  • The company's operating profit declined by 16.1% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 19.0% in 1QFY20 as against 25.6% in 4QFY19.
  • Net profit for the quarter declined by 43.3% QoQ, while net profit margins declined from 8.0% in 4QFY19 to 4.0% in 1QFY20.

To see how LINDE INDIA has performed over the last eight quarters,please visit here.

LINDE INDIA Share Price Performance

Over the last one year,LINDE INDIA share price has moved up from Rs 442.5 to Rs 499.5, registering a Gain of Rs 57.1 or around 12.9%.

Meanwhile, the S&P BSE OIL & GAS Index is trading at Rs 13,847.4 (down 1.3%). Over the last one year it has moved down from 14,540.1 to 13,847.4, a gain of 693 points (down 4.8%).

Overall, the S&P BSE SENSEX is up 3.3% over the year.

Current Valuations

At the current price of Rs 499.5, the price to earnings (P/E) ratio of LINDE INDIA stands at 74.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 4.2 times.

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LINDE INDIA Announces Quarterly Results (4QFY20); Net Profit Up 9.7% (Quarterly Result Update)

Apr 21, 2020 | Updated on Apr 21, 2020

For the quarter ended March 2020, LINDE INDIA has posted a net profit of Rs 390 m (up 9.7% YoY). Sales on the other hand came in at Rs 4 bn (down 14.5% YoY). Read on for a complete analysis of LINDE INDIA's quarterly results.

LINDE INDIA Announces Quarterly Results (4QFY19); Net Profit Up 1397.2% (Quarterly Result Update)

May 14, 2019 | Updated on May 14, 2019

For the quarter ended March 2019, LINDE INDIA has posted a net profit of Rs 356 m (up 1397.2% YoY). Sales on the other hand came in at Rs 4 bn (down 16.4% YoY). Read on for a complete analysis of LINDE INDIA's quarterly results.

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Apr 30, 2019 | Updated on Apr 30, 2019

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

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