BODAL CHEMICALS Announces Quarterly Results (3QFY20); Net Profit Down 54.9%

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BODAL CHEMICALS Announces Quarterly Results (3QFY20); Net Profit Down 54.9%
Mon, 17 Feb

BODAL CHEMICALS has announced its results for the quarter ended December 2019. Here is a detailed performance review of the same:

BODAL CHEMICALS Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-18*
3
Sep-19*
3
Dec-19*
QoQ ChangeYoY Change
Net SalesRs m3,3433,0773,2646.1%-2.4%
Other incomeRs m5048240800.0%812.5%
TurnoverRs m3,3483,0773,3127.6%-1.1%
ExpensesRs m2,7862,8193,0337.6%8.9%
Gross profitRs m557258230-10.7%-58.7%
DepreciationRs m5567705.1%27.2%
InterestRs m27456852.2%154.8%
Profit before taxRs m480146140-4.1%-70.8%
TaxRs m196-6712-94.0%
Profit after taxRs m285213129-39.6%-54.9%
Gross profit margin%16.78.47.1
Effective tax rate%40.7-45.58.3
Net profit margin%8.56.93.9
* 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 2.4% on a year-on-year (YoY) basis. The expenses were up by 8.9% YoY during the same period.
  • The company's operating profit declined by 58.7% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 7.1% in 3QFY20 as against 16.7% in 3QFY19.
  • Depreciation charges increased by 27.2% and finance costs increased by 154.8% YoY, respectively.
  • Other income increased by 812.5% YoY during the quarter.
  • Net profit for the quarter declined by 54.9% YoY. Net profit margins during the quarter declined from 8.5% in 3QFY19 to 3.9% in 3QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 6.1% on a quarter-on-quarter (QoQ) basis. The expenses were up by 7.6% QoQ during the same period.
  • The company's operating profit declined by 10.7% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 7.1% in 3QFY20 as against 8.4% in 2QFY19.
  • Net profit for the quarter declined by 39.6% QoQ, while net profit margins declined from 6.9% in 2QFY19 to 3.9% in 3QFY20.

To see how BODAL CHEMICALS has performed over the last eight quarters,please visit here.

Learn: How to Potentially Accumulate Rs 7 Crore in Wealth Over the Long-term

BODAL CHEMICALS Share Price Performance

Over the last one year,BODAL CHEMICALS share price has moved down from Rs 93.1 to Rs 82.6, registering a Loss of Rs 10.6 or around 11.3%.

Overall, the S&P BSE SENSEX is up 14.9% over the year.

Current Valuations

At the current price of Rs 82.6, the price to earnings (P/E) ratio of BODAL CHEMICALS stands at 10.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.2 times.

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BODAL CHEMICALS Announces Quarterly Results (3QFY21); Net Profit Up 111.4% (Quarterly Result Update)

Feb 11, 2021 | Updated on Feb 11, 2021

For the quarter ended December 2020, BODAL CHEMICALS has posted a net profit of Rs 272 m (up 111.4% YoY). Sales on the other hand came in at Rs 4 bn (up 12.2% YoY). Read on for a complete analysis of BODAL CHEMICALS's quarterly results.

BODAL CHEMICALS Announces Quarterly Results (1QFY20); Net Profit Down 26.7% (Quarterly Result Update)

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For the quarter ended June 2019, BODAL CHEMICALS has posted a net profit of Rs 289 m (down 26.7% YoY). Sales on the other hand came in at Rs 3 bn (down 8.7% YoY). Read on for a complete analysis of BODAL CHEMICALS's quarterly results.

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