X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
GOODRICKE Announces Quarterly Results (2QFY19); Net Profit Down 3.6%

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?  

GOODRICKE Announces Quarterly Results (2QFY19); Net Profit Down 3.6%
Mon, 12 Nov

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

GOODRICKE Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m2,0061,4352,19152.7%9.2%
Other incomeRs m141351291.5%265.9%
TurnoverRs m2,0191,4482,24154.8%11.0%
ExpensesRs m1,4271,3311,65724.5%16.1%
Gross profitRs m579104534412.1%-7.8%
DepreciationRs m3638392.9%8.4%
InterestRs m681485.7%150.9%
Profit before taxRs m55172531641.1%-3.6%
TaxRs m0000.0%0.0%
Profit after taxRs m55172531641.1%-3.6%
Gross profit margin%28.97.324.4
Effective tax rate%0.00.00.0
Net profit margin%27.35.023.7
* 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 9.2% on a year-on-year (YoY) basis. The expenses were up by 16.1% YoY during the same period.
  • The company's operating profit declined by 7.8% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 24.4% in 2QFY19 as against 28.9% in 2QFY18.
  • Depreciation charges increased by 8.4% and finance costs increased by 150.9% YoY, respectively.
  • Other income increased by 265.9% YoY during the quarter.
  • Net profit for the quarter declined by 3.6% YoY. Net profit margins during the quarter declined from 27.3% in 2QFY18 to 23.7% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 52.7% on a quarter-on-quarter (QoQ) basis. The expenses were up by 24.5% QoQ during the same period.
  • The company's operating profit increased by 412.1% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 24.4% in 2QFY19 as against 7.3% in 1QFY18.
  • Net profit for the quarter increased by 641.1% QoQ, while net profit margins increased from 5.0% in 1QFY18 to 23.7% in 2QFY19.

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

GOODRICKE Share Price Performance

Over the last one year, GOODRICKE share price has moved up from Rs 283.1 to Rs 300.3, registering a Gain of Rs 17.2 or around 6.1%.

Overall, the S&P BSE SENSEX is up 5.1% over the year.

Current Valuations

At the current price of Rs 300.3, the price to earnings (P/E) ratio of GOODRICKE stands at 44.2 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.1 times.

Equitymaster requests your view! Post a comment on "GOODRICKE Announces Quarterly Results (2QFY19); Net Profit Down 3.6%". Click here!

  

Related Views on News

GOODRICKE Announces Quarterly Results (3QFY19); Net Profit Down 37.0% (Quarterly Result Update)

Feb 14, 2019 | Updated on Feb 14, 2019

For the quarter ended December 2018, GOODRICKE has posted a net profit of Rs 60 m (down 37.0% YoY). Sales on the other hand came in at Rs 3 bn (up 7.2% YoY). Read on for a complete analysis of GOODRICKE's quarterly results.

GOODRICKE Announces Quarterly Results (1QFY19); Net Profit Down 68.0% (Quarterly Result Update)

Aug 10, 2018 | Updated on Aug 10, 2018

For the quarter ended June 2018, GOODRICKE has posted a net profit of Rs 72 m (down 68.0% YoY). Sales on the other hand came in at Rs 1 bn (down 5.7% YoY). Read on for a complete analysis of GOODRICKE's quarterly results.

Prataap Snacks Ltd. (IPO)

Sep 21, 2017

Is the Prataap Snacks IPO worth your attention?

Apex frozen food Ltd. (IPO)

Aug 21, 2017

Should you subscribe to the IPO of Apex Frozen Foods Ltd?

More Views on News

Most Popular

This is Why the Stock of Jubilant FoodWorks Went Up 1,160%(The 5 Minute Wrapup)

Apr 12, 2019

This critical business strategy has enabled companies to scale their operations faster.

Pocketing Massive Gains with HDFC And HDFC Bank(Profit Hunter)

Apr 12, 2019

Here's how one could have generated gains of Rs 59,250 in 10 days by trading HDFC and HDFC Bank with a capital of Rs 4 lakh.

My Master Series on How to Trade Election 2019(Profit Hunter)

Apr 16, 2019

For 30 years he has watched how elections impact the markets, and practiced how to profit from it. Now he is here...telling you everything. Read on...

Election Series: Follow the World's Biggest Traders To See Where the Money Flows(The 5 Minute Wrapup)

Apr 17, 2019

20% of all the traders bring in 80% of the money. Watch these 20% and you get a working idea of which way the wind is blowing.

A Letter to You from India's No. 1 Trader(The 5 Minute Wrapup)

Apr 15, 2019

It's our great pleasure to introduce Vijay Bhambwani to our readers - we consider Vijay to be India's best trader. Read on to find out why...

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

GOODRICKE SHARE PRICE


Apr 25, 2019 (Close)

TRACK GOODRICKE

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

GOODRICKE - NESTLE COMPARISON

COMPARE GOODRICKE WITH

MARKET STATS