CENTURY TEXTILES Announces Quarterly Results (4QFY19); Net Profit Up 41.2%

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 TEXTILES Announces Quarterly Results (4QFY19); Net Profit Up 41.2%
Tue, 7 May

CENTURY TEXTILES has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:

CENTURY TEXTILES Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m20,8739,5119,388-1.3%-55.0%
Other incomeRs m1,489616981042.1%-53.1%
TurnoverRs m22,3629,57210,0855.4%-54.9%
ExpensesRs m18,7857,4787,070-5.5%-62.4%
Gross profitRs m2,0882,0332,31714.0%11.0%
DepreciationRs m791477476-0.4%-39.8%
InterestRs m1,060248108-56.5%-89.8%
Profit before taxRs m1,7271,3692,43277.7%40.8%
TaxRs m64048489785.3%40.1%
Profit after taxRs m1,0878851,53573.5%41.2%
Gross profit margin%10.021.424.7
Effective tax rate%37.135.336.9
Net profit margin%4.99.215.2
* 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 fell 55.0% on a year-on-year (YoY) basis. The expenses were down by 62.4% YoY during the same period.
  • The company's operating profit increased by 11.0% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 24.7% in 4QFY19 as against 10.0% in 4QFY18.
  • Depreciation charges declined by 39.8% and finance costs declined by 89.8% YoY, respectively.
  • Other income declined by 53.1% YoY during the quarter.
  • Net profit for the quarter increased by 41.2% YoY. Net profit margins during the quarter increased from 4.9% in 4QFY18 to 15.2% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 1.3% on a quarter-on-quarter (QoQ) basis. The expenses were down by 5.5% QoQ during the same period.
  • The company's operating profit increased by 14.0% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 24.7% in 4QFY19 as against 21.4% in 3QFY18.
  • Net profit for the quarter increased by 73.5% QoQ, while net profit margins increased from 9.2% in 3QFY18 to 15.2% in 4QFY19.

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

CENTURY TEXTILES Share Price Performance

Over the last one year, CENTURY TEXTILES share price has moved up from Rs 1,100.2 to Rs 918.9, registering a Loss of Rs 181.3 or around 16.5%.

Overall, the S&P BSE SENSEX is up 9.9% over the year.

Current Valuations

At the current price of Rs 918.9, the price to earnings (P/E) ratio of CENTURY TEXTILES stands at 16.0 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.4 times.

Equitymaster requests your view! Post a comment on "CENTURY TEXTILES Announces Quarterly Results (4QFY19); Net Profit Up 41.2%". Click here!

  

Related Views on News

CENTURY TEXTILES Announces Quarterly Results (2QFY20); Net Profit Up 28.8% (Quarterly Result Update)

Nov 12, 2019 | Updated on Nov 12, 2019

For the quarter ended September 2019, CENTURY TEXTILES has posted a net profit of Rs 2 bn (up 28.8% YoY). Sales on the other hand came in at Rs 9 bn (down 57.6% YoY). Read on for a complete analysis of CENTURY TEXTILES's quarterly results.

CENTURY TEXTILES Announces Quarterly Results (1QFY20); Net Profit Down 56.0% (Quarterly Result Update)

Aug 16, 2019 | Updated on Aug 16, 2019

For the quarter ended June 2019, CENTURY TEXTILES has posted a net profit of Rs 799 m (down 56.0% YoY). Sales on the other hand came in at Rs 9 bn (down 60.0% YoY). Read on for a complete analysis of CENTURY TEXTILES's quarterly results.

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

Sep 25, 2018 | Updated on Sep 25, 2018

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

More Views on News

Most Popular

My Latest Stock Recommendation(Fast Profits Daily)

Jan 10, 2020

The story behind my latest stock recommendation and an important announcement.

Saffron Curtain = Hindutva Rate of Growth?(The Honest Truth)

Jan 8, 2020

Will the Indian economy revert to a sub-3% growth rate?

Multibaggers of the Next Decade(The 5 Minute Wrapup)

Jan 6, 2020

The one key ingredient to be seen amongst top multibaggers of the next decade

Your Safe Income Options for 2020(Fast Profits Daily)

Jan 9, 2020

What are you safest investing options in 2020 when interest rates fall.

Bet on These Smallcap Stocks for Success in 2020(Profit Hunter)

Jan 14, 2020

The smallcap rebound finally seems to here... Make sure you aren't too late to make the most of the biggest wealth making opportunity in a decade.

More

India's #1 Trader
Reveals His Secrets

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

CENTURY TEXTILES SHARE PRICE


Jan 17, 2020 (Close)

TRACK CENTURY TEXTILES

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

MORE ON CENTURY TEXTILES

CENTURY TEXTILES 5-YR ANALYSIS

COMPARE CENTURY TEXTILES WITH

MARKET STATS