CINELINE INDIA Announces Quarterly Results (1QFY20); Net Profit Down 85.0%

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?  

CINELINE INDIA Announces Quarterly Results (1QFY20); Net Profit Down 85.0%
Wed, 21 Aug

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

CINELINE INDIA Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m60597020.3%17.1%
Other incomeRs m262513-48.1%-50.7%
TurnoverRs m8683830.0%-3.4%
ExpensesRs m172321-10.8%22.5%
Gross profitRs m43355041.0%15.0%
DepreciationRs m9111644.1%83.1%
InterestRs m18304136.7%127.4%
Profit before taxRs m43196-69.2%-86.2%
TaxRs m1231-49.6%-89.3%
Profit after taxRs m31175-72.1%-85.0%
Gross profit margin%71.960.270.6
Effective tax rate%27.613.121.4
Net profit margin%35.819.95.6
* 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 17.1% on a year-on-year (YoY) basis. The expenses were up by 22.5% YoY during the same period.
  • The company's operating profit increased by 15.0% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 70.6% in 1QFY20 as against 71.9% in 1QFY19.
  • Depreciation charges increased by 83.1% and finance costs increased by 127.4% YoY, respectively.
  • Other income declined by 50.7% YoY during the quarter.
  • Net profit for the quarter declined by 85.0% YoY. Net profit margins during the quarter declined from 35.8% in 1QFY19 to 5.6% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 20.3% on a quarter-on-quarter (QoQ) basis. The expenses were down by 10.8% QoQ during the same period.
  • The company's operating profit increased by 41.0% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 70.6% in 1QFY20 as against 60.2% in 4QFY19.
  • Net profit for the quarter declined by 72.1% QoQ, while net profit margins declined from 20.5% in 4QFY19 to 5.6% in 1QFY20.

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

CINELINE INDIA Share Price Performance

Over the last one year,CINELINE INDIA share price has moved down from Rs 55.7 to Rs 35.0, registering a Loss of Rs 20.7 or around 37.1%.

Meanwhile, the S&P BSE TECK Index is trading at Rs 7,716.9 (up 0.2%). Over the last one year it has moved up from 7,558.3 to 7,716.9, a gain of 159 points (up 2.1%).

Overall, the S&P BSE SENSEX is down 2.5% over the year.

Current Valuations

At the current price of Rs 35.0, the price to earnings (P/E) ratio of CINELINE INDIA stands at 13.6 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.9 times.

Equitymaster requests your view! Post a comment on "CINELINE INDIA Announces Quarterly Results (1QFY20); Net Profit Down 85.0%". Click here!

  

Related Views on News

Sorry! There are no related views on news for this company/sector.

Most Popular

Is Intraday Trading For You?(Fast Profits Daily)

May 13, 2021

Do you think you have what it takes to be an intraday trader? Find out in this video.

My Secret to Find Breakthrough Stocks(Fast Profits Daily)

May 7, 2021

I've used this trading technique for many years with great success. I'm sharing it with you today.

Are the Stock Markets Deaf to Covid Agony?(Profit Hunter)

May 6, 2021

Why are markets discounting the economic impact of Covid?

The Key to Profit from India's EV Revolution(Profit Hunter)

May 7, 2021

Stocks you must consider investing in before buying your first electric vehicle.

More

India's #1 Trader
Reveals His Secrets

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

CINELINE INDIA SHARE PRICE


May 14, 2021 (Close)

TRACK CINELINE INDIA

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

MORE ON CINELINE INDIA

CINELINE INDIA - NASPERS COMPARISON

COMPARE CINELINE INDIA WITH

MARKET STATS