GATEWAY DISTRIPARKS Announces Quarterly Results (1QFY20); Net Profit Up 456.2%

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GATEWAY DISTRIPARKS Announces Quarterly Results (1QFY20); Net Profit Up 456.2%
Wed, 21 Aug

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

GATEWAY DISTRIPARKS Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m1,0311,1993,689207.6%257.8%
Other incomeRs m424234-19.6%-19.5%
TurnoverRs m1,0731,2413,723199.9%247.0%
ExpensesRs m8119802,519157.0%210.4%
Gross profitRs m2203,0241,170-61.3%432.7%
DepreciationRs m8575324333.7%281.9%
InterestRs m3136258611.0%731.9%
Profit before taxRs m1462,955622-78.9%326.9%
TaxRs m33192-4-102.0%-111.5%
Profit after taxRs m1132,763626-77.3%456.2%
Gross profit margin%21.3252.131.7
Effective tax rate%22.86.5-0.6
Net profit margin%10.5222.616.8
* 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 grew 257.8% on a year-on-year (YoY) basis. The expenses were up by 210.4% YoY during the same period.
  • The company's operating profit increased by 432.7% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 31.7% in 1QFY20 as against 21.3% in 1QFY19.
  • Depreciation charges increased by 281.9% and finance costs increased by 731.9% YoY, respectively.
  • Other income declined by 19.5% YoY during the quarter.
  • Net profit for the quarter increased by 456.2% YoY. Net profit margins during the quarter increased from 10.5% in 1QFY19 to 16.8% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 207.6% on a quarter-on-quarter (QoQ) basis. The expenses were up by 157.0% QoQ during the same period.
  • The company's operating profit declined by 61.3% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 31.7% in 1QFY20 as against 252.1% in 4QFY19.
  • Net profit for the quarter declined by 77.3% QoQ, while net profit margins declined from 222.6% in 4QFY19 to 16.8% in 1QFY20.

To see how GATEWAY DISTRIPARKS has performed over the last eight quarters,please visit here.

GATEWAY DISTRIPARKS Share Price Performance

Over the last one year,GATEWAY DISTRIPARKS share price has moved down from Rs 182.6 to Rs 99.2, registering a Loss of Rs 83.4 or around 45.7%.

Overall, the S&P BSE SENSEX is down 2.5% over the year.

Current Valuations

At the current price of Rs 99.2, the price to earnings (P/E) ratio of GATEWAY DISTRIPARKS stands at 3.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.1 times.

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