GUJARAT ALKALIES Announces Quarterly Results (2QFY19); Net Profit Up 63.9%

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 (2QFY19); Net Profit Up 63.9%
Mon, 5 Nov

GUJARAT ALKALIES has announced its results for the quarter ended September 2018. Here is a detailed performance review of the same:

GUJARAT ALKALIES Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m5,9507,5297,7172.5%29.7%
Other incomeRs m2788713959.7%-49.9%
TurnoverRs m6,2287,6167,8563.2%26.1%
ExpensesRs m4,3414,6554,9366.0%13.7%
Gross profitRs m1,6102,8742,782-3.2%72.8%
DepreciationRs m3683283568.7%-3.1%
InterestRs m363939-1.0%9.6%
Profit before taxRs m1,4842,5942,526-2.6%70.2%
TaxRs m4207627822.6%86.1%
Profit after taxRs m1,0641,8321,744-4.8%63.9%
Gross profit margin%27.138.236.0
Effective tax rate%28.329.431.0
Net profit margin%17.124.122.2
* 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 grew 29.7% on a year-on-year (YoY) basis. The expenses were up by 13.7% YoY during the same period.
  • The company's operating profit increased by 72.8% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 36.0% in 2QFY19 as against 27.1% in 2QFY18.
  • Depreciation charges declined by 3.1% and finance costs increased by 9.6% YoY, respectively.
  • Other income declined by 49.9% YoY during the quarter.
  • Net profit for the quarter increased by 63.9% YoY. Net profit margins during the quarter increased from 17.1% in 2QFY18 to 22.2% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 2.5% on a quarter-on-quarter (QoQ) basis. The expenses were up by 6.0% QoQ during the same period.
  • The company's operating profit declined by 3.2% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 36.0% in 2QFY19 as against 38.2% in 1QFY18.
  • Net profit for the quarter declined by 4.8% QoQ, while net profit margins declined from 24.1% in 1QFY18 to 22.2% in 2QFY19.

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 up from Rs 767.7 to Rs 593.5, registering a Loss of Rs 174.2 or around 22.7%.

Overall, the S&P BSE SENSEX is up 4.0% over the year.

Current Valuations

At the current price of Rs 593.5, the price to earnings (P/E) ratio of GUJARAT ALKALIES stands at 6.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.1 times.

Equitymaster requests your view! Post a comment on "GUJARAT ALKALIES Announces Quarterly Results (2QFY19); Net Profit Up 63.9%". 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

6 Charts Showing the State of Indian Financial Markets in 2020(Sector Info)

May 26, 2020

Six charts showing how Indian financial markets have performed in 2020 so far...

What the RBI's Rate Cut Means for Options Traders(Fast Profits Daily)

May 25, 2020

The RBI governor has cut the repo rate to 4%. What does this mean for options traders? Find out in this video.

This 'Essential Product' Smallcap is a Must Have for a 'Covid-19' Immune Portfolio(Profit Hunter)

May 19, 2020

This smallcap company needs no stimulus measures to do well in the long term.

Which Stocks Should You Buy, Sell, and Hold in the Market Today?(Profit Hunter)

May 21, 2020

The coronavirus led uncertainty refuses to go away from the markets. Here's what retail investors should do with their stocks...

More

India's #1 Trader
Reveals His Secrets

The Secret to Increasing Your Trading Profits Today
Get this Special Report, The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

GUJARAT ALKALIES SHARE PRICE


May 29, 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 - AARTI INDUSTRIES COMPARISON

COMPARE GUJARAT ALKALIES WITH

MARKET STATS