CLARIANT CHEMICALS Announces Quarterly Results (4QFY19); Net Profit Up 343.6%

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?  

CLARIANT CHEMICALS Announces Quarterly Results (4QFY19); Net Profit Up 343.6%
Tue, 21 May

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

CLARIANT CHEMICALS Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m2,4362,4992,5753.0%5.7%
Other incomeRs m17624279.7%39.7%
TurnoverRs m2,4532,5052,5993.8%6.0%
ExpensesRs m2,3212,4452,396-2.0%3.2%
Gross profitRs m11454179233.5%56.6%
DepreciationRs m949494-0.1%0.1%
InterestRs m22213.3%-5.6%
Profit before taxRs m36-35108197.2%
TaxRs m18-82954.9%
Profit after taxRs m18-2779343.6%
Gross profit margin%4.72.17.0
Effective tax rate%50.722.926.4
Net profit margin%0.7-1.13.1
* 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 5.7% on a year-on-year (YoY) basis. The expenses were up by 3.2% YoY during the same period.
  • The company's operating profit increased by 56.6% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 7.0% in 4QFY19 as against 4.7% in 4QFY18.
  • Depreciation charges increased by 0.1% and finance costs declined by 5.6% YoY, respectively.
  • Other income increased by 39.7% YoY during the quarter.
  • Net profit for the quarter increased by 343.6% YoY. Net profit margins during the quarter increased from 0.7% in 4QFY18 to 3.1% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 3.0% on a quarter-on-quarter (QoQ) basis. The expenses were down by 2.0% QoQ during the same period.
  • The company's operating profit increased by 233.5% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 7.0% in 4QFY19 as against 2.1% in 3QFY18.
  • Net profit for the quarter increased by 391.9% QoQ, while net profit margins increased from -1.1% in 3QFY18 to 3.1% in 4QFY19.

To see how CLARIANT CHEMICALS has performed over the last eight quarters, please visit here.

CLARIANT CHEMICALS Share Price Performance

Over the last one year, CLARIANT CHEMICALS share price has moved up from Rs 458.9 to Rs 301.0, registering a Loss of Rs 157.9 or around 34.4%.

Overall, the S&P BSE SENSEX is up 14.0% over the year.

Current Valuations

At the current price of Rs 301.0, the price to earnings (P/E) ratio of CLARIANT CHEMICALS stands at 43.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.3 times.

Equitymaster requests your view! Post a comment on "CLARIANT CHEMICALS Announces Quarterly Results (4QFY19); Net Profit Up 343.6%". Click here!

  

Related Views on News

CLARIANT CHEMICALS Announces Quarterly Results (2QFY20); Net Profit Up 263.5% (Quarterly Result Update)

Nov 12, 2019 | Updated on Nov 12, 2019

For the quarter ended September 2019, CLARIANT CHEMICALS has posted a net profit of Rs 133 m (up 263.5% YoY). Sales on the other hand came in at Rs 3 bn (up 6.1% YoY). Read on for a complete analysis of CLARIANT CHEMICALS's quarterly results.

CLARIANT CHEMICALS 2018-19 Annual Report Analysis (Annual Result Update)

Sep 23, 2019 | Updated on Sep 23, 2019

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

CLARIANT CHEMICALS Announces Quarterly Results (1QFY20); Net Profit Up 16.9% (Quarterly Result Update)

Aug 13, 2019 | Updated on Aug 13, 2019

For the quarter ended June 2019, CLARIANT CHEMICALS has posted a net profit of Rs 113 m (up 16.9% YoY). Sales on the other hand came in at Rs 3 bn (up 11.9% YoY). Read on for a complete analysis of CLARIANT CHEMICALS's quarterly results.

CLARIANT CHEMICALS 2017-18 Annual Report Analysis (Annual Result Update)

Dec 20, 2018 | Updated on Dec 20, 2018

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

More Views on News

Most Popular

6 Charts Showing the State of Indian Financial Markets in 2020(Sector Info)

May 26, 2020

Six charts showing how Indian financial markets have performed in 2020 so far...

Why We Picked This Smallcap Stock for a Post Coronavirus World(Profit Hunter)

May 28, 2020

Covid-19 has made it a survival of the fittest race for many companies. The ones that can adapt will thrive in a post crisis world.

What the RBI's Rate Cut Means for Options Traders(Fast Profits Daily)

May 25, 2020

The RBI governor has cut the repo rate to 4%. What does this mean for options traders? Find out in this video.

Who Will Be Crowned the 'Multibagger Blue Chip' of the Decade?(Profit Hunter)

May 25, 2020

Will the mutlibagger blue chips of the past decade continue to rule the bourses?

More

India's #1 Trader
Reveals His Secrets

The 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

CLARIANT CHEMICALS SHARE PRICE


Jun 4, 2020 09:59 AM

TRACK CLARIANT CHEMICALS

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

MORE ON CLARIANT CHEMICALS

CLARIANT CHEMICALS - GHCL COMPARISON

COMPARE CLARIANT CHEMICALS WITH

MARKET STATS