GOODRICKE Announces Quarterly Results (3QFY20); Net Profit Down 80.8%

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 (3QFY20); Net Profit Down 80.8%
Wed, 12 Feb

GOODRICKE has announced its results for the quarter ended December 2019. Here is a detailed performance review of the same:

GOODRICKE Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-18*
3
Sep-19*
3
Dec-19*
QoQ ChangeYoY Change
Net SalesRs m2,7402,4822,86515.4%4.6%
Other incomeRs m37264673.5%25.5%
TurnoverRs m2,7762,5082,91116.1%4.8%
ExpensesRs m2,6581,8712,81950.6%6.0%
Gross profitRs m8261046-92.4%-43.5%
DepreciationRs m3850513.2%33.6%
InterestRs m20252918.7%44.6%
Profit before taxRs m6056211-98.0%-80.8%
TaxRs m0000.0%0.0%
Profit after taxRs m6056211-98.0%-80.8%
Gross profit margin%3.024.61.6
Effective tax rate%0.00.00.0
Net profit margin%2.122.40.4
* 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 4.6% on a year-on-year (YoY) basis. The expenses were up by 6.0% YoY during the same period.
  • The company's operating profit declined by 43.5% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 1.6% in 3QFY20 as against 3.0% in 3QFY19.
  • Depreciation charges increased by 33.6% and finance costs increased by 44.6% YoY, respectively.
  • Other income increased by 25.5% YoY during the quarter.
  • Net profit for the quarter declined by 80.8% YoY. Net profit margins during the quarter declined from 2.1% in 3QFY19 to 0.4% in 3QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 15.4% on a quarter-on-quarter (QoQ) basis. The expenses were up by 50.6% QoQ during the same period.
  • The company's operating profit declined by 92.4% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 1.6% in 3QFY20 as against 24.6% in 2QFY19.
  • Net profit for the quarter declined by 98.0% QoQ, while net profit margins declined from 22.4% in 2QFY19 to 0.4% in 3QFY20.

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

Get Details: We are Bullish on These 3 Little-known Stocks

GOODRICKE Share Price Performance

Over the last one year,GOODRICKE share price has moved down from Rs 230.8 to Rs 187.2, registering a Loss of Rs 43.7 or around 18.9%.

Overall, the S&P BSE SENSEX is up 14.3% over the year.

Current Valuations

At the current price of Rs 187.2, the price to earnings (P/E) ratio of GOODRICKE stands at 62.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.3 times.

Equitymaster requests your view! Post a comment on "GOODRICKE Announces Quarterly Results (3QFY20); Net Profit Down 80.8%". Click here!

  

Related Views on News

Burger King IPO: Should You Subscribe to This QSR Chain Business? (IPO)

Dec 2, 2020

Does the company with one of the fastest-growing QSR chains in India have sound prospects?

GOODRICKE Announces Quarterly Results (1QFY20); Net Profit Down 18.5% (Quarterly Result Update)

Aug 8, 2019 | Updated on Aug 8, 2019

For the quarter ended June 2019, GOODRICKE has posted a net profit of Rs 58 m (down 18.5% YoY). Sales on the other hand came in at Rs 2 bn (up 17.6% YoY). Read on for a complete analysis of GOODRICKE's quarterly results.

GOODRICKE Announces Quarterly Results (4QFY19); Net Profit Down 3.0% (Quarterly Result Update)

May 30, 2019 | Updated on May 30, 2019

For the quarter ended March 2019, GOODRICKE has posted a net profit of Rs 568 m (down 3.0% YoY). Sales on the other hand came in at Rs 1 bn (down 8.2% YoY). Read on for a complete analysis of GOODRICKE's quarterly results.

More Views on News

Most Popular

Why Gold Hit Lower Circuit(Fast Profits Daily)

Jan 11, 2021

Were you shocked that bullion prices hit lower circuits on Friday on the MCX? Find out why it happened...

Time to Book Profits in Pharma Stocks(Fast Profits Daily)

Jan 15, 2021

In this video, I'll show you why it might be the right time to take money of the table in pharma stocks.

A Rare Chance to Invest in Potential Multibaggers in 2021(Profit Hunter)

Jan 11, 2021

Our ace stock picker is ready to capitalise on a big growth opportunity.

Smallcap Stocks: Your Best Bet for 2021 and Beyond(Profit Hunter)

Jan 15, 2021

The pandemic failed to thwart Richa's investing success formula for 2020.

More

India's #1 Trader
Reveals His Secrets

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

GOODRICKE SHARE PRICE


Jan 22, 2021 12:42 PM

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

COMPARE GOODRICKE WITH

MARKET STATS