CCL INTERNATIONAL Announces Quarterly Results (2QFY19); Net Profit Up 343.5%

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CCL INTERNATIONAL Announces Quarterly Results (2QFY19); Net Profit Up 343.5%
Tue, 27 Nov

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

CCL INTERNATIONAL Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m21476843.4%229.7%
Other incomeRs m242-58.7%-33.8%
TurnoverRs m23516935.9%202.8%
ExpensesRs m24435324.0%122.8%
Gross profitRs m-3414245.0%
DepreciationRs m4558.6%19.6%
InterestRs m324110.9%16.6%
Profit before taxRs m-917502.8%
TaxRs m-600-37.9%
Profit after taxRs m-316701.3%
Gross profit margin%-16.68.821.2
Effective tax rate%71.226.92.8
Net profit margin%-11.41.59.1
* 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 229.7% on a year-on-year (YoY) basis. The expenses were up by 122.8% YoY during the same period.
  • The company's operating profit declined by 519.6% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 21.2% in 2QFY19 as against 16.6% in 2QFY18.
  • Depreciation charges increased by 19.6% and finance costs increased by 16.6% YoY, respectively.
  • Other income declined by 33.8% YoY during the quarter.
  • Net profit for the quarter increased by 343.5% YoY. Net profit margins during the quarter increased from -11.4% in 2QFY18 to 9.1% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 43.4% on a quarter-on-quarter (QoQ) basis. The expenses were up by 24.0% QoQ during the same period.
  • The company's operating profit increased by 245.0% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 21.2% in 2QFY19 as against 8.8% in 1QFY18.
  • Net profit for the quarter increased by 701.3% QoQ, while net profit margins increased from 2.0% in 1QFY18 to 9.1% in 2QFY19.

To see how CCL INTERNATIONAL has performed over the last eight quarters, please visit here.

CCL INTERNATIONAL Share Price Performance

Over the last one year, CCL INTERNATIONAL share price has moved up from Rs 14.8 to Rs 11.0, registering a Loss of Rs 3.8 or around 25.5%.

Overall, the S&P BSE SENSEX is up 5.1% over the year.

Current Valuations

At the current price of Rs 11.0, the price to earnings (P/E) ratio of CCL INTERNATIONAL stands at 54.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.9 times.

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Related Views on News

CCL INTERNATIONAL Announces Quarterly Results (3QFY19); Net Profit Down 75.9% (Quarterly Result Update)

Feb 22, 2019 | Updated on Feb 22, 2019

For the quarter ended December 2018, CCL INTERNATIONAL has posted a net profit of Rs 1 m (down 75.9% YoY). Sales on the other hand came in at Rs 97 m (down 5.1% YoY). Read on for a complete analysis of CCL INTERNATIONAL's quarterly results.

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Jul 15, 2020 10:33 AM

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