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- ESSEL PROPACK Announces Quarterly Results (4QFY20); Net Profit Down 7.8%
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 Change | YoY Change | |
|---|---|---|---|---|---|---|
| Net Sales | Rs m | 6,937 | 7,108 | 6,889 | -3.1% | -0.7% |
| Other income | Rs m | 93 | 42 | 8 | -82.0% | -91.9% |
| Turnover | Rs m | 7,029 | 7,150 | 6,896 | -3.5% | -1.9% |
| Expenses | Rs m | 5,621 | 5,530 | 5,504 | -0.5% | -2.1% |
| Gross profit | Rs m | 1,345 | 1,579 | 1,385 | -12.3% | 3.0% |
| Depreciation | Rs m | 496 | 580 | 574 | -1.0% | 15.7% |
| Interest | Rs m | 156 | 134 | 130 | -2.4% | -16.6% |
| Profit before tax | Rs m | 785 | 907 | 688 | -24.1% | -12.4% |
| Tax | Rs m | 253 | 289 | 197 | -31.8% | -22.0% |
| Profit after tax | Rs m | 533 | 618 | 491 | -20.6% | -7.8% |
| Gross profit margin | % | 19.4 | 22.2 | 20.1 | ||
| Effective tax rate | % | 32.2 | 31.8 | 28.6 | ||
| Net profit margin | % | 7.6 | 8.6 | 7.1 |
Interim results exclude extraordinary / exceptional items
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.
NOW REVEALED: 5 Best Stocks That Could Possibly Surge Up to 300% In the Long-Term
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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Feb 11, 2020 | Updated on Feb 11, 2020For 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)
Nov 12, 2019 | Updated on Nov 12, 2019For 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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Jun 5, 2019 | Updated on Jun 5, 2019Here's an analysis of the annual report of ESSEL PROPACK for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of ESSEL PROPACK. Also includes updates on the valuation of ESSEL PROPACK.
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