GUJARAT ALKALIES Announces Quarterly Results (1QFY20); Net Profit Down 13.3%

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?  

GUJARAT ALKALIES Announces Quarterly Results (1QFY20); Net Profit Down 13.3%
Tue, 13 Aug

GUJARAT ALKALIES has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

GUJARAT ALKALIES Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m7,5298,2067,486-8.8%-0.6%
Other incomeRs m8714616916.0%94.0%
TurnoverRs m7,6168,3517,655-8.3%0.5%
ExpensesRs m4,6555,4714,965-9.2%6.7%
Gross profitRs m2,8742,7352,521-7.8%-12.3%
DepreciationRs m3283463706.9%12.9%
InterestRs m394340-7.0%1.5%
Profit before taxRs m2,5942,4922,280-8.5%-12.1%
TaxRs m762793691-12.9%-9.3%
Profit after taxRs m1,8321,6981,589-6.4%-13.3%
Gross profit margin%38.233.333.7
Effective tax rate%29.431.830.3
Net profit margin%24.120.320.8
* 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 0.6% on a year-on-year (YoY) basis. The expenses were up by 6.7% YoY during the same period.
  • The company's operating profit declined by 12.3% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 33.7% in 1QFY20 as against 38.2% in 1QFY19.
  • Depreciation charges increased by 12.9% and finance costs increased by 1.5% YoY, respectively.
  • Other income increased by 94.0% YoY during the quarter.
  • Net profit for the quarter declined by 13.3% YoY. Net profit margins during the quarter declined from 24.1% in 1QFY19 to 20.8% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 8.8% on a quarter-on-quarter (QoQ) basis. The expenses were down by 9.2% QoQ during the same period.
  • The company's operating profit increased by 7.8% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 33.7% in 1QFY20 as against 33.3% in 4QFY19.
  • Net profit for the quarter declined by 6.4% QoQ, while net profit margins increased from 20.3% in 4QFY19 to 20.8% in 1QFY20.

To see how GUJARAT ALKALIES has performed over the last eight quarters,please visit here.

GUJARAT ALKALIES Share Price Performance

Over the last one year,GUJARAT ALKALIES share price has moved down from Rs 553.6 to Rs 435.0, registering a Loss of Rs 118.6 or around 21.4%.

Overall, the S&P BSE SENSEX is down 1.3% over the year.

Current Valuations

At the current price of Rs 435.0, the price to earnings (P/E) ratio of GUJARAT ALKALIES stands at 4.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.8 times.

Equitymaster requests your view! Post a comment on "GUJARAT ALKALIES Announces Quarterly Results (1QFY20); Net Profit Down 13.3%". Click here!

  

Related Views on News

GUJARAT ALKALIES 2018-19 Annual Report Analysis (Annual Result Update)

Sep 24, 2019 | Updated on Sep 24, 2019

Here's an analysis of the annual report of GUJARAT ALKALIES for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of GUJARAT ALKALIES. Also includes updates on the valuation of GUJARAT ALKALIES.

GUJARAT ALKALIES Announces Quarterly Results (4QFY19); Net Profit Down 23.2% (Quarterly Result Update)

May 30, 2019 | Updated on May 30, 2019

For the quarter ended March 2019, GUJARAT ALKALIES has posted a net profit of Rs 2 bn (down 23.2% YoY). Sales on the other hand came in at Rs 8 bn (up 17.7% YoY). Read on for a complete analysis of GUJARAT ALKALIES's quarterly results.

GUJARAT ALKALIES Announces Quarterly Results (3QFY19); Net Profit Up 44.6% (Quarterly Result Update)

Feb 1, 2019 | Updated on Feb 1, 2019

For the quarter ended December 2018, GUJARAT ALKALIES has posted a net profit of Rs 2 bn (up 44.6% YoY). Sales on the other hand came in at Rs 8 bn (up 32.2% YoY). Read on for a complete analysis of GUJARAT ALKALIES's quarterly results.

GUJARAT ALKALIES 2017-18 Annual Report Analysis (Annual Result Update)

Dec 19, 2018 | Updated on Dec 19, 2018

Here's an analysis of the annual report of GUJARAT ALKALIES for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of GUJARAT ALKALIES. Also includes updates on the valuation of GUJARAT ALKALIES.

Galaxy Surfactants Ltd. (IPO)

Jan 27, 2018

Should you subscribe to the IPO of Galaxy Surfactants Ltd?

More Views on News

Most Popular

My 3 Best Small-cap Stocks to Get Rich in this Market Rebound(Profit Hunter)

Oct 14, 2019

This is once in a decade opportunity to make a killing from smallcap rebound.

Buy these 3 Stocks for Rebound Riches

Oct 18, 2019

Equitymaster's smallcap guru and editor of Hidden Treasure, Richa Agarwal, talks to us about the rebound in the stock market, and the best stocks to profit from it. Listen in...

Two Stocks to Buy in the Great Indian Festival(Profit Hunter)

Oct 11, 2019

Discounts are not just limited to E-tailers. You can buy stocks at 50% off too. Here are two stocks to buy now.

The One Stock I Like in this Market(The 5 Minute Wrapup)

Oct 10, 2019

There are rare periods in markets when you get good quality stocks at attractive valuations. Is this one such period?

5 Smart Money Stocks to Profit from the Market Rebound(The 5 Minute Wrapup)

Oct 11, 2019

Now is the time to put money in these 5 stocks to take advantage of the recovery in the economy and the markets.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2020
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

GUJARAT ALKALIES SHARE PRICE


Oct 23, 2019 10:23 AM

TRACK GUJARAT ALKALIES

  • Track your investment in GUJARAT ALKALIES with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

MORE ON GUJARAT ALKALIES

GUJARAT ALKALIES 5-YR ANALYSIS

COMPARE GUJARAT ALKALIES WITH

MARKET STATS