ELECTROSTEEL CAST has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:
No. of Mths Qtr. Ending | 3 Mar-18* | 3 Dec-18* | 3 Mar-19* | QoQ Change | YoY Change | |
---|---|---|---|---|---|---|
Net Sales | Rs m | 5,401 | 6,410 | 6,733 | 5.0% | 24.7% |
Other income | Rs m | 129 | 142 | 170 | 20.0% | 31.3% |
Turnover | Rs m | 5,531 | 6,552 | 6,903 | 5.4% | 24.8% |
Expenses | Rs m | 4,751 | 5,408 | 5,889 | 8.9% | 24.0% |
Gross profit | Rs m | 650 | 1,002 | 843 | -15.9% | 29.7% |
Depreciation | Rs m | 140 | 134 | 132 | -1.4% | -5.7% |
Interest | Rs m | 522 | 574 | 477 | -16.9% | -8.6% |
Profit before tax | Rs m | 118 | 437 | 405 | -7.3% | 242.7% |
Tax | Rs m | -108 | 154 | 227 | 47.6% | |
Profit after tax | Rs m | 227 | 283 | 178 | -37.1% | -21.4% |
Gross profit margin | % | 12.0 | 15.6 | 12.5 | ||
Effective tax rate | % | -91.8 | 35.2 | 56.0 | ||
Net profit margin | % | 4.1 | 4.3 | 2.6 |
To see how ELECTROSTEEL CAST has performed over the last eight quarters, please visit here.
Over the last one year, ELECTROSTEEL CAST share price has moved up from Rs 26.1 to Rs 17.7, registering a Loss of Rs 8.4 or around 32.1%.
Overall, the S&P BSE SENSEX is up 6.2% over the year.
At the current price of Rs 17.7, the price to book value (P/BV) ratio of ELECTROSTEEL CAST stands at 0.3 times.
For the quarter ended December 2018, ELECTROSTEEL CAST has posted a net profit of Rs 283 m (up 38.9% YoY). Sales on the other hand came in at Rs 6 bn (up 25.3% YoY). Read on for a complete analysis of ELECTROSTEEL CAST's quarterly results.
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