MEMBER'S LOGINX
| Login Failure | ||||||||
|
||||||||
| Sign Up | Forgot Password? | ||||||||
- Home
- Research It
- BOMBAY RAYON F
- BOMBAY RAYON F Announces Quarterly Results (3QFY19); Net Profit Down 1830.6%
BOMBAY RAYON F Announces Quarterly Results (3QFY19); Net Profit Down 1830.6%
Mon, 25 Feb
BOMBAY RAYON F has announced its results for the quarter ended December 2018. Here is a detailed performance review of the same:
BOMBAY RAYON F Quarterly Financials
| No. of Mths Qtr. Ending | 3 Dec-17* | 3 Sep-18* | 3 Dec-18* | QoQ Change | YoY Change | |
|---|---|---|---|---|---|---|
| Net Sales | Rs m | 7,372 | 2,294 | 1,901 | -17.1% | -74.2% |
| Other income | Rs m | 53 | 31 | 75 | 140.5% | 41.9% |
| Turnover | Rs m | 7,425 | 2,325 | 1,976 | -15.0% | -73.4% |
| Expenses | Rs m | 6,504 | 5,181 | 7,407 | 43.0% | 13.9% |
| Gross profit | Rs m | 868 | -2,887 | -5,506 | -734.1% | |
| Depreciation | Rs m | 392 | 402 | 402 | 0.0% | 2.7% |
| Interest | Rs m | 897 | 895 | 1,232 | 37.6% | 37.3% |
| Profit before tax | Rs m | -368 | -4,153 | -7,065 | ||
| Tax | Rs m | -116 | -1,281 | -2,201 | ||
| Profit after tax | Rs m | -252 | -2,872 | -4,863 | ||
| Gross profit margin | % | 11.8 | -125.9 | -289.6 | ||
| Effective tax rate | % | 31.5 | 30.9 | 31.2 | ||
| Net profit margin | % | -3.4 | -123.5 | -246.1 |
Interim results exclude extraordinary / exceptional items
Year-on-Year Performance:
- The company's operating income during the quarter fell 74.2% on a year-on-year (YoY) basis. The expenses were up by 13.9% YoY during the same period.
- The company's operating profit declined by 734.1% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 289.6% in 3QFY19 as against 11.8% in 3QFY18.
- Depreciation charges increased by 2.7% and finance costs increased by 37.3% YoY, respectively.
- Other income increased by 41.9% YoY during the quarter.
- Net profit for the quarter declined by 1830.6% YoY. Net profit margins during the quarter declined from -3.4% in 3QFY18 to -246.1% in 3QFY19.
Quarter-on-Quarter Performance:
- The company's operating income during the quarter fell 17.1% on a quarter-on-quarter (QoQ) basis. The expenses were up by 43.0% QoQ during the same period.
- The company's operating profit declined by 90.7% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 289.6% in 3QFY19 as against 125.9% in 2QFY18.
- Net profit for the quarter declined by 69.3% QoQ, while net profit margins declined from -123.5% in 2QFY18 to -246.1% in 3QFY19.
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 64.0 to Rs 9.2, registering a Loss of Rs 54.8 or around 85.7%.
Overall, the S&P BSE SENSEX is up 6.3% over the year.
Current Valuations
At the current price of Rs 9.2, the price to book value (P/BV) ratio of BOMBAY RAYON F stands at 0.0 times.
|
| |
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, 2019For 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 2017-18 Annual Report Analysis (Annual Result Update)
Jan 22, 2019 | Updated on Jan 22, 2019Here'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.
BOMBAY RAYON F Announces Quarterly Results (2QFY19); Net Profit Down 1872.5% (Quarterly Result Update)
Nov 23, 2018 | Updated on Nov 23, 2018For the quarter ended September 2018, BOMBAY RAYON F has posted a net profit of Rs 3 bn (down 1872.5% YoY). Sales on the other hand came in at Rs 2 bn (down 66.0% YoY). Read on for a complete analysis of BOMBAY RAYON F's quarterly results.
More Views on NewsMost Popular
7 Stocks That Will Remain Evergreen in this Era of Technological Disruption(The 5 Minute Wrapup)
Jun 13, 2019We are living in an era of disruption. Are your stocks well equipped to adapt to changes that disruption will bring along?
Why I Believe Smallcaps Will Catch up to the Sensex(Profit Hunter)
Jun 14, 2019Smallcaps have gone nowhere even as the Sensex makes new all-time highs. Find out why Richa believes this a good opportunity to invest in smallcaps.
Why Super Investor Kenneth Andrade is Bullish on Agri Stocks...and So Are We(The 5 Minute Wrapup)
Jun 21, 2019Andrade gives his take on agriculture, an industry from which we have already recommended two stocks.
This Little-Known Opportunity Promises Both Health and Wealth for Your Grandchildren(Profit Hunter)
Jun 20, 2019The next big opportunity that has the potential to make you both rich and healthy.
My Upcoming Stock Recommendation, Backed by Aberdeen Standard Investments, Scores 9.1/10(The 5 Minute Wrapup)
Jun 19, 2019This month's Smart Money Secrets recommendation is from global super investor - Aberdeen Standard Investments.
More|
| |
BOMBAY RAYON F SHARE PRICE
Jun 26, 2019 03:36 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 - RAYMOND COMPARISON
COMPARE BOMBAY RAYON F WITH
OTHER USEFUL LINKS
MARKET STATS
ABOUT EQUITYMASTER
Since 1996, Equitymaster has been the source for honest and credible opinions on investing in India. With solid research and in-depth analysis Equitymaster is dedicated towards making its readers- smarter, more confident and richer every day. Here's why hundreds of thousands of readers spread across more than 70 countries Trust Equitymaster.
FREE NEWSLETTERS
PREMIUM PRODUCTS
QUICK LINKS
APPS
FOLLOW
Copyright © Equitymaster Agora Research Private Limited.
Whitelist | Refer | Terms | Privacy | Contact | About | Sitemap
Equitymaster Agora Research Private Limited (Research Analyst) 103, Regent Chambers, Above Status Restaurant, Nariman Point, Mumbai - 400 021. India.
Telephone: +91-22-61434055. Fax: +91-22-22028550. Email: info@equitymaster.com. Website: www.equitymaster.com. CIN:U74999MH2007PTC175407
All rights reserved. Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is strictly prohibited and shall be deemed to be copyright infringement.
LEGAL DISCLAIMER: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research Company. Equitymaster is not an Investment Adviser. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. This is not directed for access or use by anyone in a country, especially, USA, Canada or the European Union countries, where such use or access is unlawful or which may subject Equitymaster or its affiliates to any registration or licensing requirement. All content and information is provided on an 'As Is' basis by Equitymaster. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Equitymaster may hold shares in the company/ies discussed herein. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.
SEBI (Research Analysts) Regulations 2014, Registration No. INH000000537.
Equitymaster requests your view! Post a comment on "BOMBAY RAYON F Announces Quarterly Results (3QFY19); Net Profit Down 1830.6%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!