GRAPHITE INDIA Announces Quarterly Results (3QFY20); Net Profit Down 145.9%

Wed, 19 Feb

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

GRAPHITE INDIA Quarterly Financials

Year-on-Year Performance:

• The company's operating income during the quarter fell 65.3% on a year-on-year (YoY) basis. The expenses were up by 46.5% YoY during the same period.
• The company's operating profit declined by 145.1% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 75.9% in 3QFY20 as against 58.4% in 3QFY19.
• Depreciation charges declined by 7.7% and finance costs increased by 33.3% YoY, respectively.
• Other income declined by 34.8% YoY during the quarter.
• Net profit for the quarter declined by 145.9% YoY. Net profit margins during the quarter declined from 39.8% in 3QFY19 to -51.2% in 3QFY20.

Quarter-on-Quarter Performance:

• The company's operating income during the quarter fell 27.1% on a quarter-on-quarter (QoQ) basis. The expenses were up by 52.4% QoQ during the same period.
• The company's operating profit declined by 448.6% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 75.9% in 3QFY20 as against 15.9% in 2QFY19.
• Net profit for the quarter declined by 288.7% QoQ, while net profit margins declined from 19.9% in 2QFY19 to -51.2% in 3QFY20.

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

Urgent New Alert: About Coming Once-in-a-generation Wealth Shift

GRAPHITE INDIA Share Price Performance

Over the last one year,GRAPHITE INDIA share price has moved down from Rs 403.3 to Rs 270.0, registering a Loss of Rs 133.3 or around 33.1%.

Meanwhile, the S&P BSE CAPITAL GOODS Index is trading at Rs 16,601.1 (up 0.1%). Over the last one year it has moved up from 16,439.0 to 16,601.1, a gain of 162 points (up 1.0%).

Overall, the S&P BSE SENSEX is up 16.1% over the year.

Current Valuations

At the current price of Rs 270.0, the price to earnings (P/E) ratio of GRAPHITE INDIA stands at 8.5 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.0 times.