X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
EVEREST KANTO CYLINDER Announces Quarterly Results (3QFY19); Net Profit Down 6.5%

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?  

EVEREST KANTO CYLINDER Announces Quarterly Results (3QFY19); Net Profit Down 6.5%
Tue, 19 Feb

EVEREST KANTO CYLINDER has announced its results for the quarter ended December 2018. Here is a detailed performance review of the same:

EVEREST KANTO CYLINDER Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m1,3151,7271,8607.7%41.5%
Other incomeRs m1072014-28.9%-87.0%
TurnoverRs m1,4221,7471,8747.3%31.8%
ExpensesRs m1,1221,5311,5773.0%40.5%
Gross profitRs m19219629349.2%52.3%
DepreciationRs m9274752.0%-18.5%
InterestRs m8385883.1%6.2%
Profit before taxRs m12557144151.3%15.3%
TaxRs m7-1933406.1%
Profit after taxRs m1187611145.5%-6.5%
Gross profit margin%14.611.415.7
Effective tax rate%5.3-32.623.2
Net profit margin%8.34.45.9
* 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 grew 41.5% on a year-on-year (YoY) basis. The expenses were up by 40.5% YoY during the same period.
  • The company's operating profit increased by 52.3% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 15.7% in 3QFY19 as against 14.6% in 3QFY18.
  • Depreciation charges declined by 18.5% and finance costs increased by 6.2% YoY, respectively.
  • Other income declined by 87.0% YoY during the quarter.
  • Net profit for the quarter declined by 6.5% YoY. Net profit margins during the quarter declined from 8.3% in 3QFY18 to 5.9% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 7.7% on a quarter-on-quarter (QoQ) basis. The expenses were up by 3.0% QoQ during the same period.
  • The company's operating profit increased by 49.2% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 15.7% in 3QFY19 as against 11.4% in 2QFY18.
  • Net profit for the quarter increased by 45.5% QoQ, while net profit margins increased from 4.4% in 2QFY18 to 5.9% in 3QFY19.

To see how EVEREST KANTO CYLINDER has performed over the last eight quarters, please visit here.

EVEREST KANTO CYLINDER Share Price Performance

Over the last one year, EVEREST KANTO CYLINDER share price has moved up from Rs 54.8 to Rs 24.5, registering a Loss of Rs 30.3 or around 55.3%.

Meanwhile, the S&P BSE CAPITAL GOODS Index is trading at Rs 16,449.8 (up 0.8%). Over the last one year it has moved down from 18,900.9 to 16,449.8, a gain of 2,451 points (down 13.0%).

Overall, the S&P BSE SENSEX is up 5.5% over the year.

Current Valuations

At the current price of Rs 24.5, the price to earnings (P/E) ratio of EVEREST KANTO CYLINDER stands at 5.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.6 times.

Equitymaster requests your view! Post a comment on "EVEREST KANTO CYLINDER Announces Quarterly Results (3QFY19); Net Profit Down 6.5%". Click here!

  

Related Views on News

EVEREST KANTO CYLINDER 2017-18 Annual Report Analysis (Annual Result Update)

Dec 18, 2018 | Updated on Dec 18, 2018

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

EVEREST KANTO CYLINDER Announces Quarterly Results (2QFY19); Net Profit Up 8.7% (Quarterly Result Update)

Nov 27, 2018 | Updated on Nov 27, 2018

For the quarter ended September 2018, EVEREST KANTO CYLINDER has posted a net profit of Rs 76 m (up 8.7% YoY). Sales on the other hand came in at Rs 2 bn (up 30.7% YoY). Read on for a complete analysis of EVEREST KANTO CYLINDER's quarterly results.

EVEREST KANTO CYLINDER Announces Quarterly Results (1QFY19); Net Profit Down 22.9% (Quarterly Result Update)

Aug 21, 2018 | Updated on Aug 21, 2018

For the quarter ended June 2018, EVEREST KANTO CYLINDER has posted a net profit of Rs 118 m (down 22.9% YoY). Sales on the other hand came in at Rs 2 bn (up 24.9% YoY). Read on for a complete analysis of EVEREST KANTO CYLINDER's quarterly results.

Garden Reach Shipbuilders and Engineers Ltd: Is This PSU Shipbuilder Worth Betting On? (IPO)

Sep 24, 2018

Should you apply for the IPO of Garden Reach Shipbuilders and Engineers Ltd?

H.G Infra Engineering Ltd. (IPO)

Feb 24, 2018

Should you subscribe to the IPO of H.G Infra Engineering Ltd.?

More Views on News

Most Popular

3 Indian Stocks with Amazon-Like Potential(Profit Hunter)

Apr 10, 2019

We have identified 3 stocks with huge wealth building potential which meet our 'Click of a Button' criteria.

This Company is Making a Big Comeback and You Can Now Profit from Its Example(The 5 Minute Wrapup)

Apr 10, 2019

How Dell got its mojo back.

This is Why the Stock of Jubilant FoodWorks Went Up 1,160%(The 5 Minute Wrapup)

Apr 12, 2019

This critical business strategy has enabled companies to scale their operations faster.

Pocketing Massive Gains with HDFC And HDFC Bank(Profit Hunter)

Apr 12, 2019

Here's how one could have generated gains of Rs 59,250 in 10 days by trading HDFC and HDFC Bank with a capital of Rs 4 lakh.

A Simple 3-Point Investing Manifesto for You the Indian Investor(The 5 Minute Wrapup)

Apr 11, 2019

A must have checklist for every investor in the Indian stock market.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

EVEREST KANTO CYLINDER SHARE PRICE


Apr 23, 2019 (Close)

TRACK EVEREST KANTO CYLINDER

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

MORE ON EVEREST KANTO CYLINDER

EVEREST KANTO CYLINDER - BHARAT ELECTRONICS COMPARISON

COMPARE EVEREST KANTO CYLINDER WITH

MARKET STATS