FINOLEX CABLES has announced its results for the quarter ended December 2019. Here is a detailed performance review of the same:
No. of Mths Qtr. Ending | 3 Dec-18* | 3 Sep-19* | 3 Dec-19* | QoQ Change | YoY Change | |
---|---|---|---|---|---|---|
Net Sales | Rs m | 7,496 | 7,158 | 7,024 | -1.9% | -6.3% |
Other income | Rs m | 193 | 647 | 265 | -59.0% | 37.1% |
Turnover | Rs m | 7,689 | 7,805 | 7,289 | -6.6% | -5.2% |
Expenses | Rs m | 6,400 | 6,314 | 6,100 | -3.4% | -4.7% |
Gross profit | Rs m | 1,096 | 844 | 924 | 9.5% | -15.7% |
Depreciation | Rs m | 97 | 98 | 96 | -1.6% | -0.9% |
Interest | Rs m | 0 | 2 | 4 | 60.9% | 1133.3% |
Profit before tax | Rs m | 1,192 | 1,391 | 1,089 | -21.7% | -8.6% |
Tax | Rs m | 432 | 160 | 283 | 77.1% | -34.6% |
Profit after tax | Rs m | 759 | 1,231 | 806 | -34.5% | 6.2% |
Gross profit margin | % | 14.6 | 11.8 | 13.2 | ||
Effective tax rate | % | 36.3 | 11.5 | 26.0 | ||
Net profit margin | % | 9.9 | 15.8 | 11.1 |
To see how FINOLEX CABLES has performed over the last eight quarters,please visit here.
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Over the last one year,FINOLEX CABLES share price has moved up from Rs 362.4 to Rs 365.4, registering a Gain of Rs 3.0 or around 0.8%.
Meanwhile, the S&P BSE CAPITAL GOODS Index is trading at Rs 16,601.1 (up 0.1%). Over the last one year it has moved up from 16,439.0 to 16,601.1, a gain of 162 points (up 1.0%).
Overall, the S&P BSE SENSEX is up 16.1% over the year.
At the current price of Rs 365.4, the price to earnings (P/E) ratio of FINOLEX CABLES stands at 15.1 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.3 times.
For the quarter ended June 2020, FINOLEX CABLES has posted a net profit of Rs 350 m (down 57.1% YoY). Sales on the other hand came in at Rs 4 bn (down 53.3% YoY). Read on for a complete analysis of FINOLEX CABLES's quarterly results.
Should you bet on this public sector defence shipbuilder?
For the quarter ended June 2019, FINOLEX CABLES has posted a net profit of Rs 816 m (down 9.7% YoY). Sales on the other hand came in at Rs 8 bn (up 2.1% YoY). Read on for a complete analysis of FINOLEX CABLES's quarterly results.
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