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

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?  

BODAL CHEMICALS Announces Quarterly Results (3QFY21); Net Profit Up 111.4%
Thu, 11 Feb

BODAL CHEMICALS has announced its results for the quarter ended December 2020. Here is a detailed performance review of the same:

BODAL CHEMICALS Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-19*
3
Sep-20*
3
Dec-20*
QoQ ChangeYoY Change
Net SalesRs m3,2643,0973,66118.2%12.2%
Other incomeRs m48467053.2%45.5%
TurnoverRs m3,3123,1433,73218.7%12.7%
ExpensesRs m3,0332,8703,27514.1%8.0%
Gross profitRs m23022738669.8%67.8%
DepreciationRs m707676-1.0%7.4%
InterestRs m683535-1.4%-48.9%
Profit before taxRs m140162346114.1%146.9%
TaxRs m12517445.1%537.9%
Profit after taxRs m129110272146.2%111.4%
Gross profit margin%7.17.310.5
Effective tax rate%8.331.721.5
Net profit margin%3.93.57.3
* 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 12.2% on a year-on-year (YoY) basis. The expenses were up by 8.0% YoY during the same period.
  • The company's operating profit increased by 67.8% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 10.5% in 3QFY21 as against 7.1% in 3QFY20.
  • Depreciation charges increased by 7.4% and finance costs declined by 48.9% YoY, respectively.
  • Other income increased by 45.5% YoY during the quarter.
  • Net profit for the quarter increased by 111.4% YoY. Net profit margins during the quarter increased from 3.9% in 3QFY20 to 7.3% in 3QFY21.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 18.2% on a quarter-on-quarter (QoQ) basis. The expenses were up by 14.1% QoQ during the same period.
  • The company's operating profit increased by 69.8% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 10.5% in 3QFY21 as against 7.3% in 2QFY20.
  • Net profit for the quarter increased by 146.2% QoQ, while net profit margins increased from 3.5% in 2QFY20 to 7.3% in 3QFY21.

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

Revealing at 5pm Today: The Great Indian Wealth Project

BODAL CHEMICALS Share Price Performance

Over the last one year, BODAL CHEMICALS share price has moved down from Rs 81.3 to Rs 71.7, registering a Loss of Rs 9.6 or around 11.8%.

Overall, the S&P BSE SENSEX is up 25.8% over the year.

Current Valuations

At the current price of Rs 71.7, the price to earnings (P/E) ratio of BODAL CHEMICALS stands at 19.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.1 times.

Equitymaster requests your view! Post a comment on "BODAL CHEMICALS Announces Quarterly Results (3QFY21); Net Profit Up 111.4%". Click here!

  

Related Views on News

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

Feb 17, 2020 | Updated on Feb 17, 2020

For the quarter ended December 2019, BODAL CHEMICALS has posted a net profit of Rs 129 m (down 54.9% YoY). Sales on the other hand came in at Rs 3 bn (down 2.4% 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)

Aug 27, 2019 | Updated on Aug 27, 2019

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.

More Views on News

Most Popular

Is Intraday Trading For You?(Fast Profits Daily)

May 13, 2021

Do you think you have what it takes to be an intraday trader? Find out in this video.

My Secret to Find Breakthrough Stocks(Fast Profits Daily)

May 7, 2021

I've used this trading technique for many years with great success. I'm sharing it with you today.

Are the Stock Markets Deaf to Covid Agony?(Profit Hunter)

May 6, 2021

Why are markets discounting the economic impact of Covid?

The Key to Profit from India's EV Revolution(Profit Hunter)

May 7, 2021

Stocks you must consider investing in before buying your first electric vehicle.

More

India's #1 Trader
Reveals His Secrets

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

BODAL CHEMICALS SHARE PRICE


May 14, 2021 (Close)

TRACK BODAL CHEMICALS

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

MORE ON BODAL CHEMICALS

BODAL CHEMICALS 5-YR ANALYSIS

COMPARE BODAL CHEMICALS WITH

MARKET STATS