ESSEL PROPACK Announces Quarterly Results (4QFY20); Net Profit Down 7.8%

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ESSEL PROPACK Announces Quarterly Results (4QFY20); Net Profit Down 7.8%
Wed, 27 May

ESSEL PROPACK has announced its results for the quarter ended March 2020. Here is a detailed performance review of the same:

ESSEL PROPACK Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-19*
3
Dec-19*
3
Mar-20*
QoQ ChangeYoY Change
Net SalesRs m6,9377,1086,889-3.1%-0.7%
Other incomeRs m93428-82.0%-91.9%
TurnoverRs m7,0297,1506,896-3.5%-1.9%
ExpensesRs m5,6215,5305,504-0.5%-2.1%
Gross profitRs m1,3451,5791,385-12.3%3.0%
DepreciationRs m496580574-1.0%15.7%
InterestRs m156134130-2.4%-16.6%
Profit before taxRs m785907688-24.1%-12.4%
TaxRs m253289197-31.8%-22.0%
Profit after taxRs m533618491-20.6%-7.8%
Gross profit margin%19.422.220.1
Effective tax rate%32.231.828.6
Net profit margin%7.68.67.1
* 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 0.7% on a year-on-year (YoY) basis. The expenses were down by 2.1% YoY during the same period.
  • The company's operating profit increased by 3.0% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 20.1% in 4QFY20 as against 19.4% in 4QFY19.
  • Depreciation charges increased by 15.7% and finance costs declined by 16.6% YoY, respectively.
  • Other income declined by 91.9% YoY during the quarter.
  • Net profit for the quarter declined by 7.8% YoY. Net profit margins during the quarter declined from 7.6% in 4QFY19 to 7.1% in 4QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 3.1% on a quarter-on-quarter (QoQ) basis. The expenses were down by 0.5% QoQ during the same period.
  • The company's operating profit declined by 12.3% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 20.1% in 4QFY20 as against 22.2% in 3QFY19.
  • Net profit for the quarter declined by 20.6% QoQ, while net profit margins declined from 8.6% in 3QFY19 to 7.1% in 4QFY20.

To see how ESSEL PROPACK has performed over the last eight quarters,please visit here.

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ESSEL PROPACK Share Price Performance

Over the last one year,ESSEL PROPACK share price has moved up from Rs 131.8 to Rs 174.5, registering a Gain of Rs 42.7 or around 32.4%.

Overall, the S&P BSE SENSEX is down 22.2% over the year.

Current Valuations

At the current price of Rs 174.5, the price to earnings (P/E) ratio of ESSEL PROPACK stands at 25.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 4.0 times.

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ESSEL PROPACK Announces Quarterly Results (3QFY20); Net Profit Up 33.3% (Quarterly Result Update)

Feb 11, 2020 | Updated on Feb 11, 2020

For the quarter ended December 2019, ESSEL PROPACK has posted a net profit of Rs 618 m (up 33.3% YoY). Sales on the other hand came in at Rs 7 bn (up 2.4% YoY). Read on for a complete analysis of ESSEL PROPACK's quarterly results.

ESSEL PROPACK Announces Quarterly Results (2QFY20); Net Profit Up 13.4% (Quarterly Result Update)

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For the quarter ended September 2019, ESSEL PROPACK has posted a net profit of Rs 610 m (up 13.4% YoY). Sales on the other hand came in at Rs 7 bn (up 6.4% YoY). Read on for a complete analysis of ESSEL PROPACK's quarterly results.

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