X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
CENTURY ENKA Announces Quarterly Results (3QFY19); Net Profit Down 29.0%

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?  

CENTURY ENKA Announces Quarterly Results (3QFY19); Net Profit Down 29.0%
Mon, 28 Jan

CENTURY ENKA has announced its results for the quarter ended December 2018. Here is a detailed performance review of the same:

CENTURY ENKA Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m3,6264,7914,719-1.5%30.1%
Other incomeRs m234292118.9%291.9%
TurnoverRs m3,6504,8334,810-0.5%31.8%
ExpensesRs m3,0964,3524,345-0.2%40.4%
Gross profitRs m530439328-25.2%-38.2%
DepreciationRs m1011131141.0%12.2%
InterestRs m898-10.6%7.7%
Profit before taxRs m445358297-17.0%-33.1%
TaxRs m15812694-25.6%-40.7%
Profit after taxRs m287232204-12.4%-29.0%
Gross profit margin%14.69.26.9
Effective tax rate%35.535.231.5
Net profit margin%7.94.84.2
* 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 30.1% on a year-on-year (YoY) basis. The expenses were up by 40.4% YoY during the same period.
  • The company's operating profit declined by 38.2% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 6.9% in 3QFY19 as against 14.6% in 3QFY18.
  • Depreciation charges increased by 12.2% and finance costs increased by 7.7% YoY, respectively.
  • Other income increased by 291.9% YoY during the quarter.
  • Net profit for the quarter declined by 29.0% YoY. Net profit margins during the quarter declined from 7.9% in 3QFY18 to 4.2% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 1.5% on a quarter-on-quarter (QoQ) basis. The expenses were down by 0.2% QoQ during the same period.
  • The company's operating profit declined by 25.2% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 6.9% in 3QFY19 as against 9.2% in 2QFY18.
  • Net profit for the quarter declined by 12.4% QoQ, while net profit margins declined from 4.8% in 2QFY18 to 4.2% in 3QFY19.

To see how CENTURY ENKA has performed over the last eight quarters, please visit here.

CENTURY ENKA Share Price Performance

Over the last one year, CENTURY ENKA share price has moved up from Rs 336.2 to Rs 243.2, registering a Loss of Rs 93.0 or around 27.7%.

Overall, the S&P BSE SENSEX is down 0.5% over the year.

Current Valuations

At the current price of Rs 243.2, the price to earnings (P/E) ratio of CENTURY ENKA stands at 6.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.6 times.

Equitymaster requests your view! Post a comment on "CENTURY ENKA Announces Quarterly Results (3QFY19); Net Profit Down 29.0%". Click here!

  

Related Views on News

CENTURY ENKA 2017-18 Annual Report Analysis (Annual Result Update)

Dec 18, 2018 | Updated on Dec 18, 2018

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

CENTURY ENKA Announces Quarterly Results (2QFY19); Net Profit Up 28.1% (Quarterly Result Update)

Nov 12, 2018 | Updated on Nov 12, 2018

For the quarter ended September 2018, CENTURY ENKA has posted a net profit of Rs 232 m (up 28.1% YoY). Sales on the other hand came in at Rs 5 bn (up 56.4% YoY). Read on for a complete analysis of CENTURY ENKA's quarterly results.

CENTURY ENKA Announces Quarterly Results (1QFY19); Net Profit Up 268.0% (Quarterly Result Update)

Aug 3, 2018 | Updated on Aug 3, 2018

For the quarter ended June 2018, CENTURY ENKA has posted a net profit of Rs 224 m (up 268.0% YoY). Sales on the other hand came in at Rs 4 bn (up 10.1% YoY). Read on for a complete analysis of CENTURY ENKA's quarterly results.

More Views on News

Most Popular

This is Why the Stock of Jubilant FoodWorks Went Up 1,160%(The 5 Minute Wrapup)

Apr 12, 2019

This critical business strategy has enabled companies to scale their operations faster.

Pocketing Massive Gains with HDFC And HDFC Bank(Profit Hunter)

Apr 12, 2019

Here's how one could have generated gains of Rs 59,250 in 10 days by trading HDFC and HDFC Bank with a capital of Rs 4 lakh.

My Master Series on How to Trade Election 2019(Profit Hunter)

Apr 16, 2019

For 30 years he has watched how elections impact the markets, and practiced how to profit from it. Now he is here...telling you everything. Read on...

Election Series: Follow the World's Biggest Traders To See Where the Money Flows(The 5 Minute Wrapup)

Apr 17, 2019

20% of all the traders bring in 80% of the money. Watch these 20% and you get a working idea of which way the wind is blowing.

A Letter to You from India's No. 1 Trader(The 5 Minute Wrapup)

Apr 15, 2019

It's our great pleasure to introduce Vijay Bhambwani to our readers - we consider Vijay to be India's best trader. Read on to find out why...

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

CENTURY ENKA SHARE PRICE


Apr 25, 2019 09:47 AM

TRACK CENTURY ENKA

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

CENTURY ENKA 5-YR ANALYSIS

COMPARE CENTURY ENKA WITH

MARKET STATS