CASTROL INDIA Announces Quarterly Results (1QFY20); Net Profit Up 11.3%

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CASTROL INDIA Announces Quarterly Results (1QFY20); Net Profit Up 11.3%
Wed, 31 Jul

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

CASTROL INDIA Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m10,1729,76210,3966.5%2.2%
Other incomeRs m173211159-24.6%-8.1%
TurnoverRs m10,3459,97310,5555.8%2.0%
ExpensesRs m7,6556,9327,5539.0%-1.3%
Gross profitRs m2,5172,8302,8430.5%13.0%
DepreciationRs m1321621662.5%25.8%
InterestRs m3330.0%0.0%
Profit before taxRs m2,5552,8762,833-1.5%10.9%
TaxRs m9131,0261,006-1.9%10.2%
Profit after taxRs m1,6421,8501,827-1.2%11.3%
Gross profit margin%24.729.027.3
Effective tax rate%35.735.735.5
Net profit margin%15.918.617.3
* 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 2.2% on a year-on-year (YoY) basis. The expenses were down by 1.3% YoY during the same period.
  • The company's operating profit increased by 13.0% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 27.3% in 1QFY20 as against 24.7% in 1QFY19.
  • Depreciation charges increased by 25.8% and finance costs increased by 0.0% YoY, respectively.
  • Other income declined by 8.1% YoY during the quarter.
  • Net profit for the quarter increased by 11.3% YoY. Net profit margins during the quarter increased from 15.9% in 1QFY19 to 17.3% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 6.5% on a quarter-on-quarter (QoQ) basis. The expenses were up by 9.0% QoQ during the same period.
  • The company's operating profit declined by 0.5% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 27.3% in 1QFY20 as against 29.0% in 4QFY19.
  • Net profit for the quarter declined by 1.2% QoQ, while net profit margins declined from 18.6% in 4QFY19 to 17.3% in 1QFY20.

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

CASTROL INDIA Share Price Performance

Over the last one year,CASTROL INDIA share price has moved down from Rs 173.6 to Rs 121.5, registering a Loss of Rs 52.1 or around 30.0%.

Meanwhile, the S&P BSE OIL & GAS Index is trading at Rs 13,157.3 (up 0.5%). Over the last one year it has moved down from 15,023.6 to 13,157.3, a gain of 1,866 points (down 12.4%).

Overall, the S&P BSE SENSEX is down 0.7% over the year.

Current Valuations

At the current price of Rs 121.5, the price to earnings (P/E) ratio of CASTROL INDIA stands at 16.5 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 10.3 times.

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CASTROL INDIA Announces Quarterly Results (2QFY20); Net Profit Up 25.3% (Quarterly Result Update)

Nov 1, 2019 | Updated on Nov 1, 2019

For the quarter ended September 2019, CASTROL INDIA has posted a net profit of Rs 2 bn (up 25.3% YoY). Sales on the other hand came in at Rs 8 bn (down 8.4% YoY). Read on for a complete analysis of CASTROL INDIA's quarterly results.

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