COAL INDIA Announces Quarterly Results (3QFY20); Net Profit Down 14.1%

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?  

COAL INDIA Announces Quarterly Results (3QFY20); Net Profit Down 14.1%
Mon, 17 Feb

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

COAL INDIA Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-18*
3
Sep-19*
3
Dec-19*
QoQ ChangeYoY Change
Net SalesRs m250,458203,826231,90513.8%-7.4%
Other incomeRs m11,63316,30314,117-13.4%21.4%
TurnoverRs m262,091220,129246,02211.8%-6.1%
ExpensesRs m182,580167,715182,2218.6%-0.2%
Gross profitRs m67,87836,11249,68437.6%-26.8%
DepreciationRs m8,6117,9308,94212.8%3.8%
InterestRs m6201,7001,513-11.0%144.1%
Profit before taxRs m70,28142,78553,34724.7%-24.1%
TaxRs m24,6237,54314,14087.5%-42.6%
Profit after taxRs m45,65735,24339,20811.3%-14.1%
Gross profit margin%27.117.721.4
Effective tax rate%35.017.626.5
Net profit margin%17.416.015.9
* 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 7.4% on a year-on-year (YoY) basis. The expenses were down by 0.2% YoY during the same period.
  • The company's operating profit declined by 26.8% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 21.4% in 3QFY20 as against 27.1% in 3QFY19.
  • Depreciation charges increased by 3.8% and finance costs increased by 144.1% YoY, respectively.
  • Other income increased by 21.4% YoY during the quarter.
  • Net profit for the quarter declined by 14.1% YoY. Net profit margins during the quarter declined from 17.4% in 3QFY19 to 15.9% in 3QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 13.8% on a quarter-on-quarter (QoQ) basis. The expenses were up by 8.6% QoQ during the same period.
  • The company's operating profit increased by 37.6% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 21.4% in 3QFY20 as against 17.7% in 2QFY19.
  • Net profit for the quarter increased by 11.3% QoQ, while net profit margins declined from 16.0% in 2QFY19 to 15.9% in 3QFY20.

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

Learn: How to Potentially Accumulate Rs 7 Crore in Wealth Over the Long-term

COAL INDIA Share Price Performance

Over the last one year,COAL INDIA share price has moved down from Rs 218.9 to Rs 168.2, registering a Loss of Rs 50.7 or around 23.2%.

Overall, the S&P BSE SENSEX is up 14.4% over the year.

Current Valuations

At the current price of Rs 168.2, the price to earnings (P/E) ratio of COAL INDIA stands at 5.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 4.0 times.

Equitymaster requests your view! Post a comment on "COAL INDIA Announces Quarterly Results (3QFY20); Net Profit Down 14.1%". Click here!

  

Related Views on News

COAL INDIA Announces Quarterly Results (2QFY21); Net Profit Down 16.3% (Quarterly Result Update)

Nov 25, 2020 | Updated on Nov 25, 2020

For the quarter ended September 2020, COAL INDIA has posted a net profit of Rs 30 bn (down 16.3% YoY). Sales on the other hand came in at Rs 212 bn (up 3.8% YoY). Read on for a complete analysis of COAL INDIA's quarterly results.

COAL INDIA 2019-20 Annual Report Analysis (Annual Result Update)

Nov 4, 2020 | Updated on Nov 4, 2020

Here's an analysis of the annual report of COAL INDIA for 2019-20. It includes a full income statement, balance sheet and cash flow analysis of COAL INDIA. Also includes updates on the valuation of COAL INDIA.

COAL INDIA Announces Quarterly Results (1QFY21); Net Profit Down 55.1% (Quarterly Result Update)

Sep 23, 2020 | Updated on Sep 23, 2020

For the quarter ended June 2020, COAL INDIA has posted a net profit of Rs 21 bn (down 55.1% YoY). Sales on the other hand came in at Rs 185 bn (down 25.9% YoY). Read on for a complete analysis of COAL INDIA's quarterly results.

COAL INDIA 2018-19 Annual Report Analysis (Annual Result Update)

Jul 22, 2019 | Updated on Jul 22, 2019

Here's an analysis of the annual report of COAL INDIA for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of COAL INDIA. Also includes updates on the valuation of COAL INDIA.

More Views on News

Most Popular

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

May 6, 2021

Why are markets discounting the economic impact of Covid?

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.

The Worst Sector in the Market(Fast Profits Daily)

May 11, 2021

The worst sector in the stock market according to the charts.

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

COAL INDIA SHARE PRICE


May 12, 2021 (Close)

TRACK COAL INDIA

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

COMPARE COAL INDIA WITH

MARKET STATS