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 Announces Quarterly Results (3QFY20); Net Profit Down 63.1% (Quarterly Result Update)

Feb 11, 2020 | Updated on Feb 11, 2020

For the quarter ended December 2019, GUJARAT ALKALIES has posted a net profit of Rs 598 m (down 63.1% YoY). Sales on the other hand came in at Rs 7 bn (down 19.7% YoY). Read on for a complete analysis of GUJARAT ALKALIES's quarterly results.

GUJARAT ALKALIES Announces Quarterly Results (2QFY20); Net Profit Down 41.4% (Quarterly Result Update)

Nov 14, 2019 | Updated on Nov 14, 2019

For the quarter ended September 2019, GUJARAT ALKALIES has posted a net profit of Rs 1 bn (down 41.4% YoY). Sales on the other hand came in at Rs 7 bn (down 9.4% YoY). Read on for a complete analysis of GUJARAT ALKALIES's quarterly results.

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 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.

More Views on News

Most Popular

Sorry Warren Buffett, I'm Following This Man Instead of You in 2020(The 5 Minute Wrapup)

Mar 30, 2020

This man warned of an impending market correction while everyone else was celebrating the renewed optimism in early 2020...

The Biggest Trading Opportunity of 2020 is Here...

Mar 26, 2020

India's #1 trader, Vijay Bhambwani, talks about a hugely profitable trading opportunity which you must know about today!

One Stock that is All Charged Up for the Post Coronavirus Rebound(The 5 Minute Wrapup)

Apr 1, 2020

A stock with strong moat is currently trading near 5-year lows.

The Insiders See a Buying Opportunity in These Smallcaps Amid Coronavirus Outbreak(Profit Hunter)

Mar 31, 2020

The promoters are buying these smallcaps amid the coronavirus outbreak.

How to Identify a Market Rebound(Fast Profits Daily)

Mar 27, 2020

This very useful indicator can spot a market bottom.

More

How to Trade the
Coronavirus Crash

Coronavirus Crash
Get this special report, authored by Equitymaster's top analysts, now.
We will never sell or rent your email id.
Please read our Terms

GUJARAT ALKALIES SHARE PRICE


Apr 7, 2020 (Close)

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