BOMBAY RAYON F Announces Quarterly Results (2QFY19); Net Profit Down 1872.5%

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?  

BOMBAY RAYON F Announces Quarterly Results (2QFY19); Net Profit Down 1872.5%
Fri, 23 Nov

BOMBAY RAYON F has announced its results for the quarter ended September 2018. Here is a detailed performance review of the same:

BOMBAY RAYON F Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m6,7513,3432,294-31.4%-66.0%
Other incomeRs m91031199.0%238.0%
TurnoverRs m6,7603,3532,325-30.7%-65.6%
ExpensesRs m5,7336,6755,181-22.4%-9.6%
Gross profitRs m1,018-3,332-2,887-383.7%
DepreciationRs m3914004020.5%2.9%
InterestRs m8201,187895-24.6%9.1%
Profit before taxRs m-184-4,909-4,153
TaxRs m-38-1,517-1,281
Profit after taxRs m-146-3,392-2,872
Gross profit margin%15.1-99.7-125.9
Effective tax rate%20.830.930.9
Net profit margin%-2.2-101.2-123.5
* 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 66.0% on a year-on-year (YoY) basis. The expenses were down by 9.6% YoY during the same period.
  • The company's operating profit declined by 383.7% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 125.9% in 2QFY19 as against 15.1% in 2QFY18.
  • Depreciation charges increased by 2.9% and finance costs increased by 9.1% YoY, respectively.
  • Other income increased by 238.0% YoY during the quarter.
  • Net profit for the quarter declined by 1872.5% YoY. Net profit margins during the quarter declined from -2.2% in 2QFY18 to -123.5% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 31.4% on a quarter-on-quarter (QoQ) basis. The expenses were down by 22.4% QoQ during the same period.
  • The company's operating profit declined by 13.3% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 125.9% in 2QFY19 as against 99.7% in 1QFY18.
  • Net profit for the quarter increased by 15.3% QoQ, while net profit margins declined from -101.2% in 1QFY18 to -123.5% in 2QFY19.

To see how BOMBAY RAYON F has performed over the last eight quarters, please visit here.

BOMBAY RAYON F Share Price Performance

Over the last one year, BOMBAY RAYON F share price has moved up from Rs 166.4 to Rs 12.1, registering a Loss of Rs 154.2 or around 92.7%.

Overall, the S&P BSE SENSEX is up 4.2% over the year.

Current Valuations

At the current price of Rs 12.1, the price to book value (P/BV) ratio of BOMBAY RAYON F stands at 0.1 times.

Equitymaster requests your view! Post a comment on "BOMBAY RAYON F Announces Quarterly Results (2QFY19); Net Profit Down 1872.5%". Click here!

  

Related Views on News

BOMBAY RAYON F Announces Quarterly Results (4QFY19); Net Profit Down 142.2% (Quarterly Result Update)

Jun 12, 2019 | Updated on Jun 12, 2019

For the quarter ended March 2019, BOMBAY RAYON F has posted a net profit of Rs 6 bn (down 142.2% YoY). Sales on the other hand came in at Rs 2 bn (down 71.0% YoY). Read on for a complete analysis of BOMBAY RAYON F's quarterly results.

BOMBAY RAYON F Announces Quarterly Results (3QFY19); Net Profit Down 1830.6% (Quarterly Result Update)

Feb 25, 2019 | Updated on Feb 25, 2019

For the quarter ended December 2018, BOMBAY RAYON F has posted a net profit of Rs 5 bn (down 1830.6% YoY). Sales on the other hand came in at Rs 2 bn (down 74.2% YoY). Read on for a complete analysis of BOMBAY RAYON F's quarterly results.

BOMBAY RAYON F 2017-18 Annual Report Analysis (Annual Result Update)

Jan 22, 2019 | Updated on Jan 22, 2019

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

More Views on News

Most Popular

Crash Alert! Is There a Big Bubble in Nestle, HUL and Asian Paints?(Profit Hunter)

Nov 7, 2019

Is this the beginning of the end of multibagger gains in quality stocks like Nestle, HUL, and Asian Paints?

Why Moody's Rating Downgrade is a Strong Sign to Buy Stocks(The 5 Minute Wrapup)

Nov 8, 2019

Investors who took cues from Moody's rating downgrade in 1992 and 2002 created some of the biggest wealth of their lifetime.

These 10 Days Are Crucial for Getting Rich in the Smallcap Rebound(Profit Hunter)

Nov 5, 2019

How to avoid the most common investing mistake and make the most of the smallcap rebound.

The Top Stocks for 2020 Pass This Most Critical Metric(The 5 Minute Wrapup)

Nov 5, 2019

Charlie Munger's favorite fictional character, Mr Glotz, picks stocks using this metric.

A Trade that Could Generate Profits for Decades

Nov 14, 2019

India's #1 trader is back on the Investor Hour. Vijay Bhambwani talks to us about his super-profitable trading system and shares with us his #1 long term trade. Listen in...

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2020
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

BOMBAY RAYON F SHARE PRICE


Nov 18, 2019 12:43 PM

TRACK BOMBAY RAYON F

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

MORE ON BOMBAY RAYON F

BOMBAY RAYON F - GOKALDAS EXPORTS COMPARISON

COMPARE BOMBAY RAYON F WITH

MARKET STATS