E.I.D. PARRY Announces Quarterly Results (1QFY19); Net Profit Down 859.0%

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?  

E.I.D. PARRY Announces Quarterly Results (1QFY19); Net Profit Down 859.0%
Fri, 10 Aug

E.I.D. PARRY has announced its results for the quarter ended June 2018. Here is a detailed performance review of the same:

E.I.D. PARRY Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-17*
3
Mar-18*
3
Jun-18*
QoQ ChangeYoY Change
Net SalesRs m33,99833,86533,626-0.7%-1.1%
Other incomeRs m305-8179-74.1%
TurnoverRs m34,30333,78433,705-0.2%-1.7%
ExpensesRs m32,33331,27432,8765.1%1.7%
Gross profitRs m1,6652,620746-71.5%-55.2%
DepreciationRs m612658630-4.3%2.8%
InterestRs m8549121,09520.1%28.2%
Profit before taxRs m503969-899-192.8%-278.7%
TaxRs m29357769620.7%137.6%
Profit after taxRs m210393-1,595-506.2%-859.0%
Gross profit margin%4.97.72.2
Effective tax rate%58.259.5-77.4
Net profit margin%0.61.2-4.7
* 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 1.1% on a year-on-year (YoY) basis. The expenses were up by 1.7% YoY during the same period.
  • The company's operating profit declined by 55.2% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 2.2% in 1QFY19 as against 4.9% in 1QFY18.
  • Depreciation charges and finance costs increased by 2.8% YoY and 28.2% YoY, respectively.
  • Other income declined by 74.1% YoY during the quarter.
  • Net profit for the quarter declined by 859.0% YoY. Net profit margins during the quarter declined from 0.6% in 1QFY18 to -4.7% in 1QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 0.7% on a quarter-on-quarter (QoQ) basis. The expenses were up by 5.1% QoQ during the same period.
  • The company's operating profit declined by 71.5% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 2.2% in 1QFY19 as against 7.7% in 4QFY18.
  • Net profit for the quarter declined by 506.2% QoQ, while net profit margins declined from 1.2% in 4QFY18 to -4.7% in 1QFY19.

To see how E.I.D. PARRY has performed over the last eight quarters, please visit here.

E.I.D. PARRY Share Price Performance

Over the last one year, E.I.D. PARRY share price has moved up from Rs 303.2 to Rs 224.0, registering a Loss of Rs 79.2 or around 26.1%.

Overall, the S&P BSE SENSEX is up 19.1% over the year.

Current Valuations

At the current price of Rs 224.0, the price to earnings (P/E) ratio of E.I.D. PARRY stands at 11.9 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 "E.I.D. PARRY Announces Quarterly Results (1QFY19); Net Profit Down 859.0%". Click here!

  

Related Views on News

E.I.D. PARRY Announces Quarterly Results (3QFY20); Net Profit Up 81.2% (Quarterly Result Update)

Feb 11, 2020 | Updated on Feb 11, 2020

For the quarter ended December 2019, E.I.D. PARRY has posted a net profit of Rs 3 bn (up 81.2% YoY). Sales on the other hand came in at Rs 41 bn (up 9.9% YoY). Read on for a complete analysis of E.I.D. PARRY's quarterly results.

E.I.D. PARRY Announces Quarterly Results (1QFY20); Net Profit Up 98.5% (Quarterly Result Update)

Jul 31, 2019 | Updated on Jul 31, 2019

For the quarter ended June 2019, E.I.D. PARRY has posted a net profit of Rs 25 m (up 98.5% YoY). Sales on the other hand came in at Rs 31 bn (down 7.0% YoY). Read on for a complete analysis of E.I.D. PARRY's quarterly results.

More Views on News

Most Popular

These 5 Smallcaps Deserve a Place in Your Coffee Can Portfolio(Profit Hunter)

Jul 28, 2020

When it comes to quality stocks, doing less is more.

Before You Buy Your First Electric Vehicle Consider Buying this Stock(Profit Hunter)

Jul 29, 2020

As competition intensifies in the electric vehicle space, only few will create huge wealth over the years.

Large Opportunities Are Coming Our Way

Aug 5, 2020

Kenneth Andrade tells us why stocks will bounce back strongly and what he's bullish on.

How to Buy Gold and Silver(Fast Profits Daily)

Jul 27, 2020

In this video I'll show you how to buy bullion the right way.

More

Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

E.I.D. PARRY SHARE PRICE


Aug 7, 2020 (Close)

TRACK E.I.D. PARRY

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

E.I.D. PARRY 8-QTR ANALYSIS

COMPARE E.I.D. PARRY WITH

MARKET STATS