EVEREST KANTO CYLINDER Announces Quarterly Results (4QFY19); Net Profit Up 132.8%

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 (4QFY19); Net Profit Up 132.8%
Fri, 14 Jun

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

EVEREST KANTO CYLINDER Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m1,5511,8601,8730.7%20.8%
Other incomeRs m421410-30.0%-76.6%
TurnoverRs m1,5931,8741,8830.5%18.2%
ExpensesRs m1,2121,5771,6514.7%36.3%
Gross profitRs m34029391-68.8%-73.1%
DepreciationRs m70758310.4%18.4%
InterestRs m8988902.9%1.9%
Profit before taxRs m223144-72-149.9%-132.3%
TaxRs m4033-499-1593.1%-1359.3%
Profit after taxRs m183111427285.9%132.8%
Gross profit margin%21.915.74.9
Effective tax rate%17.823.2693.6
Net profit margin%11.55.922.7
* 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 grew 20.8% on a year-on-year (YoY) basis. The expenses were up by 36.3% YoY during the same period.
  • The company's operating profit declined by 73.1% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 4.9% in 4QFY19 as against 21.9% in 4QFY18.
  • Depreciation charges increased by 18.4% and finance costs increased by 1.9% YoY, respectively.
  • Other income declined by 76.6% YoY during the quarter.
  • Net profit for the quarter increased by 132.8% YoY. Net profit margins during the quarter increased from 11.5% in 4QFY18 to 22.7% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 0.7% on a quarter-on-quarter (QoQ) basis. The expenses were up by 4.7% QoQ during the same period.
  • The company's operating profit declined by 68.8% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 4.9% in 4QFY19 as against 15.7% in 3QFY18.
  • Net profit for the quarter increased by 285.9% QoQ, while net profit margins increased from 5.9% in 3QFY18 to 22.7% in 4QFY19.

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 41.1 to Rs 25.8, registering a Loss of Rs 15.3 or around 37.3%.

Meanwhile, the S&P BSE CAPITAL GOODS Index is trading at Rs 19,654.4 (up 0.8%). Over the last one year it has moved up from 18,480.9 to 19,654.4, a gain of 1,174 points (up 6.4%).

Overall, the S&P BSE SENSEX is up 10.9% over the year.

Current Valuations

At the current price of Rs 25.8, the price to earnings (P/E) ratio of EVEREST KANTO CYLINDER stands at 3.8 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 (4QFY19); Net Profit Up 132.8%". Click here!

  

Related Views on News

EVEREST KANTO CYLINDER Announces Quarterly Results (3QFY19); Net Profit Down 6.5% (Quarterly Result Update)

Feb 19, 2019 | Updated on Feb 19, 2019

For the quarter ended December 2018, EVEREST KANTO CYLINDER has posted a net profit of Rs 111 m (down 6.5% YoY). Sales on the other hand came in at Rs 2 bn (up 41.5% YoY). Read on for a complete analysis of EVEREST KANTO CYLINDER's quarterly results.

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.

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?

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...

This 'Essential Product' Smallcap is a Must Have for a 'Covid-19' Immune Portfolio(Profit Hunter)

May 19, 2020

This smallcap company needs no stimulus measures to do well in the long term.

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.

Which Stocks Should You Buy, Sell, and Hold in the Market Today?(Profit Hunter)

May 21, 2020

The coronavirus led uncertainty refuses to go away from the markets. Here's what retail investors should do with their stocks...

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

EVEREST KANTO CYLINDER SHARE PRICE


May 29, 2020 (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 5-YR ANALYSIS

COMPARE EVEREST KANTO CYLINDER WITH

MARKET STATS