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

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 (4QFY19); Net Profit Down 23.2%
Thu, 30 May

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

GUJARAT ALKALIES Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m6,9738,1638,2060.5%17.7%
Other incomeRs m600236146-38.2%-75.7%
TurnoverRs m7,5738,3988,351-0.6%10.3%
ExpensesRs m4,0455,4015,4711.3%35.2%
Gross profitRs m2,9282,7612,735-0.9%-6.6%
DepreciationRs m298370346-6.4%16.3%
InterestRs m358843-51.1%21.8%
Profit before taxRs m3,1952,5392,492-1.9%-22.0%
TaxRs m985916793-13.4%-19.4%
Profit after taxRs m2,2111,6231,6984.7%-23.2%
Gross profit margin%42.033.833.3
Effective tax rate%30.836.131.8
Net profit margin%29.219.320.3
* 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 17.7% on a year-on-year (YoY) basis. The expenses were up by 35.2% YoY during the same period.
  • The company's operating profit declined by 6.6% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 33.3% in 4QFY19 as against 42.0% in 4QFY18.
  • Depreciation charges increased by 16.3% and finance costs increased by 21.8% YoY, respectively.
  • Other income declined by 75.7% YoY during the quarter.
  • Net profit for the quarter declined by 23.2% YoY. Net profit margins during the quarter declined from 29.2% in 4QFY18 to 20.3% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 0.5% on a quarter-on-quarter (QoQ) basis. The expenses were up by 1.3% QoQ during the same period.
  • The company's operating profit declined by 0.9% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 33.3% in 4QFY19 as against 33.8% in 3QFY18.
  • Net profit for the quarter increased by 4.7% QoQ, while net profit margins increased from 19.3% in 3QFY18 to 20.3% in 4QFY19.

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 659.2 to Rs 558.3, registering a Loss of Rs 100.9 or around 15.3%.

Overall, the S&P BSE SENSEX is up 13.6% over the year.

Current Valuations

At the current price of Rs 558.3, the price to earnings (P/E) ratio of GUJARAT ALKALIES stands at 5.9 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 (4QFY19); Net Profit Down 23.2%". 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

Why the Stock of HDFC Bank Deserves a Closer Look than Before...(Profit Hunter)

Jul 22, 2020

HDFC Bank's results point to a gaping hole in Indian financial sector. Possibly even a global contagion.

These 5 Smallcaps Deserve a Place in Your Coffee Can Portfolio(Profit Hunter)

Jul 28, 2020

When it comes to quality stocks, doing less is more.

My Best Trading Ideas When Interest Rates Are So Low(Fast Profits Daily)

Jul 23, 2020

India's interest rates are lower than the inflation rate. Here are the best trades for this situation.

Gold or Silver: Which One Should You Buy Now?(Fast Profits Daily)

Jul 24, 2020

Silver and gold are both vying for your attention. Which is the better trade today?

More

Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
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


Aug 4, 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 8-QTR ANALYSIS

COMPARE GUJARAT ALKALIES WITH

MARKET STATS