CARBORUNDUM UNIVERSAL Announces Quarterly Results (3QFY20); Net Profit Up 1.6%

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?  

CARBORUNDUM UNIVERSAL Announces Quarterly Results (3QFY20); Net Profit Up 1.6%
Fri, 31 Jan

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

CARBORUNDUM UNIVERSAL Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-18*
3
Sep-19*
3
Dec-19*
QoQ ChangeYoY Change
Net SalesRs m6,9296,8436,494-5.1%-6.3%
Other incomeRs m666344-29.9%-33.7%
TurnoverRs m6,9956,9056,538-5.3%-6.5%
ExpensesRs m5,8975,7985,529-4.6%-6.2%
Gross profitRs m1,0321,044965-7.6%-6.5%
DepreciationRs m2702632661.1%-1.4%
InterestRs m191512-19.0%-33.7%
Profit before taxRs m810829730-11.9%-9.8%
TaxRs m269193181-6.5%-32.8%
Profit after taxRs m541635549-13.5%1.6%
Gross profit margin%14.915.314.9
Effective tax rate%33.323.324.8
Net profit margin%7.79.28.4
* 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 6.3% on a year-on-year (YoY) basis. The expenses were down by 6.2% YoY during the same period.
  • The company's operating profit declined by 6.5% YoY during the quarter. Consequently, operating profit margins remained same and stood at 14.9% in 3QFY20.
  • Depreciation charges declined by 1.4% and finance costs declined by 33.7% YoY, respectively.
  • Other income declined by 33.7% YoY during the quarter.
  • Net profit for the quarter increased by 1.6% YoY. Net profit margins during the quarter increased from 7.7% in 3QFY19 to 8.4% in 3QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 5.1% on a quarter-on-quarter (QoQ) basis. The expenses were down by 4.6% QoQ during the same period.
  • The company's operating profit declined by 7.6% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 14.9% in 3QFY20 as against 15.3% in 2QFY19.
  • Net profit for the quarter declined by 13.5% QoQ, while net profit margins declined from 9.2% in 2QFY19 to 8.4% in 3QFY20.

To see how CARBORUNDUM UNIVERSAL has performed over the last eight quarters,please visit here.

Get Details: We are Bullish on These 3 Little-known Stocks

CARBORUNDUM UNIVERSAL Share Price Performance

Over the last one year,CARBORUNDUM UNIVERSAL share price has moved down from Rs 348.6 to Rs 334.7, registering a Loss of Rs 13.9 or around 4.0%.

Overall, the S&P BSE SENSEX is up 15.0% over the year.

Current Valuations

At the current price of Rs 334.7, the price to earnings (P/E) ratio of CARBORUNDUM UNIVERSAL stands at 28.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.7 times.

Equitymaster requests your view! Post a comment on "CARBORUNDUM UNIVERSAL Announces Quarterly Results (3QFY20); Net Profit Up 1.6%". Click here!

  

Related Views on News

CARBORUNDUM UNIVERSAL Announces Quarterly Results (1QFY21); Net Profit Down 59.6% (Quarterly Result Update)

Aug 26, 2020 | Updated on Aug 26, 2020

For the quarter ended June 2020, CARBORUNDUM UNIVERSAL has posted a net profit of Rs 184 m (down 59.6% YoY). Sales on the other hand came in at Rs 4 bn (down 33.0% YoY). Read on for a complete analysis of CARBORUNDUM UNIVERSAL's quarterly results.

Mazagon Dock Shipbuilders IPO: Should You Apply? (IPO)

Sep 29, 2020

Should you bet on this public sector defence shipbuilder?

CARBORUNDUM UNIVERSAL Announces Quarterly Results (2QFY20); Net Profit Up 12.4% (Quarterly Result Update)

Oct 31, 2019 | Updated on Oct 31, 2019

For the quarter ended September 2019, CARBORUNDUM UNIVERSAL has posted a net profit of Rs 635 m (up 12.4% YoY). Sales on the other hand came in at Rs 7 bn (up 3.7% YoY). Read on for a complete analysis of CARBORUNDUM UNIVERSAL's quarterly results.

CARBORUNDUM UNIVERSAL 2018-19 Annual Report Analysis (Annual Result Update)

Sep 30, 2019 | Updated on Sep 30, 2019

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

More Views on News

Most Popular

My 'Unlock' Investments(Fast Profits Daily)

Jun 11, 2021

The best unlock investments you can make in the market.

How I Discovered a 400-Year-Old Open Secret to Extreme Wealth(Profit Hunter)

Jun 11, 2021

Charlie Munger's open secret about investing success.

The Most Visible Sign of India's Revival is on Two Wheels(Profit Hunter)

Jun 9, 2021

Investing in the best stocks could result in wealth compounding on a massive scale.

Wednesday's Market Fall Explained(Fast Profits Daily)

Jun 10, 2021

This is why the stock market fell the way it did on Wednesday.

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

CARBORUNDUM UNIVERSAL SHARE PRICE


Jun 22, 2021 (Close)

TRACK CARBORUNDUM UNIVERSAL

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

MORE ON CARBORUNDUM UNIVERSAL

CARBORUNDUM UNIVERSAL - WENDT (INDIA) COMPARISON

COMPARE CARBORUNDUM UNIVERSAL WITH

MARKET STATS