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- CRISIL Announces Quarterly Results (4QFY20); Net Profit Up 15.0%
CRISIL Announces Quarterly Results (4QFY20); Net Profit Up 15.0%
Fri, 24 Apr
CRISIL has announced its results for the quarter ended March 2020. Here is a detailed performance review of the same:
CRISIL Quarterly Financials
| No. of Mths Qtr. Ending | 3 Mar-19* | 3 Dec-19* | 3 Mar-20* | QoQ Change | YoY Change | |
|---|---|---|---|---|---|---|
| Net Sales | Rs m | 4,158 | 4,643 | 4,278 | -7.9% | 2.9% |
| Other income | Rs m | 71 | 200 | 349 | 74.6% | 391.5% |
| Turnover | Rs m | 4,229 | 4,843 | 4,626 | -4.5% | 9.4% |
| Expenses | Rs m | 3,014 | 3,428 | 3,167 | -7.6% | 5.1% |
| Gross profit | Rs m | 1,144 | 1,215 | 1,111 | -8.6% | -2.8% |
| Depreciation | Rs m | 91 | 93 | 259 | 177.2% | 184.2% |
| Interest | Rs m | 1 | 1 | 33 | 4657.1% | 6560.0% |
| Profit before tax | Rs m | 1,123 | 1,321 | 1,168 | -11.6% | 4.0% |
| Tax | Rs m | 357 | 368 | 287 | -22.1% | -19.7% |
| Profit after tax | Rs m | 766 | 953 | 881 | -7.6% | 15.0% |
| Gross profit margin | % | 27.5 | 26.2 | 26.0 | ||
| Effective tax rate | % | 31.8 | 27.8 | 24.5 | ||
| Net profit margin | % | 18.1 | 19.7 | 19.0 |
Interim results exclude extraordinary / exceptional items
Year-on-Year Performance:
- The company's operating income during the quarter grew 2.9% on a year-on-year (YoY) basis. The expenses were up by 5.1% YoY during the same period.
- The company's operating profit declined by 2.8% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 26.0% in 4QFY20 as against 27.5% in 4QFY19.
- Depreciation charges increased by 184.2% and finance costs increased by 6560.0% YoY, respectively.
- Other income increased by 391.5% YoY during the quarter.
- Net profit for the quarter increased by 15.0% YoY. Net profit margins during the quarter increased from 18.1% in 4QFY19 to 19.0% in 4QFY20.
Quarter-on-Quarter Performance:
- The company's operating income during the quarter fell 7.9% on a quarter-on-quarter (QoQ) basis. The expenses were down by 7.6% QoQ during the same period.
- The company's operating profit declined by 8.6% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 26.0% in 4QFY20 as against 26.2% in 3QFY19.
- Net profit for the quarter declined by 7.6% QoQ, while net profit margins declined from 19.7% in 3QFY19 to 19.0% in 4QFY20.
To see how CRISIL has performed over the last eight quarters,please visit here.
Revealed: 3 Stocks for Potentially Massive Gains
CRISIL Share Price Performance
Over the last one year,CRISIL share price has moved down from Rs 1,463.4 to Rs 1,429.7, registering a Loss of Rs 33.7 or around 2.3%.
Overall, the S&P BSE SENSEX is down 17.8% over the year.
Current Valuations
At the current price of Rs 1,429.7, the price to earnings (P/E) ratio of CRISIL stands at 29.1 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 9.1 times.
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CRISIL 2018-19 Annual Report Analysis (Annual Result Update)
Nov 4, 2020 | Updated on Nov 4, 2020Here's an analysis of the annual report of CRISIL for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of CRISIL. Also includes updates on the valuation of CRISIL.
CRISIL Announces Quarterly Results (3QFY20); Net Profit Down 16.2% (Quarterly Result Update)
Feb 17, 2020 | Updated on Feb 17, 2020For the quarter ended December 2019, CRISIL has posted a net profit of Rs 953 m (down 16.2% YoY). Sales on the other hand came in at Rs 5 bn (down 0.6% YoY). Read on for a complete analysis of CRISIL's quarterly results.
CRISIL Announces Quarterly Results (2QFY20); Net Profit Up 16.8% (Quarterly Result Update)
Nov 12, 2019 | Updated on Nov 12, 2019For the quarter ended September 2019, CRISIL has posted a net profit of Rs 1 bn (up 16.8% YoY). Sales on the other hand came in at Rs 4 bn (up 2.4% YoY). Read on for a complete analysis of CRISIL's quarterly results.
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