MEMBER'S LOGINX
| Login Failure | ||||||||
|
||||||||
| Sign Up | Forgot Password? | ||||||||
- Home
- Research It
- GODREJ INDUSTRIES
- GODREJ INDUSTRIES Announces Quarterly Results (1QFY20); Net Profit Up 196.6%
GODREJ INDUSTRIES Announces Quarterly Results (1QFY20); Net Profit Up 196.6%
Wed, 14 Aug
GODREJ INDUSTRIES has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:
GODREJ INDUSTRIES Quarterly Financials
| No. of Mths Qtr. Ending | 3 Jun-18* | 3 Mar-19* | 3 Jun-19* | QoQ Change | YoY Change | |
|---|---|---|---|---|---|---|
| Net Sales | Rs m | 30,313 | 29,718 | 28,451 | -4.3% | -6.1% |
| Other income | Rs m | 776 | 1,695 | 956 | -43.6% | 23.3% |
| Turnover | Rs m | 31,088 | 31,413 | 29,407 | -6.4% | -5.4% |
| Expenses | Rs m | 28,317 | 27,335 | 25,560 | -6.5% | -9.7% |
| Gross profit | Rs m | 1,996 | 3,266 | 2,890 | -11.5% | 44.8% |
| Depreciation | Rs m | 412 | 453 | 562 | 24.0% | 36.3% |
| Interest | Rs m | 1,261 | 1,371 | 1,243 | -9.3% | -1.4% |
| Profit before tax | Rs m | 1,098 | 3,137 | 2,041 | -34.9% | 85.9% |
| Tax | Rs m | 698 | 1,048 | 855 | -18.5% | 22.4% |
| Profit after tax | Rs m | 400 | 2,089 | 1,187 | -43.2% | 196.6% |
| Gross profit margin | % | 6.6 | 11.0 | 10.2 | ||
| Effective tax rate | % | 63.6 | 33.4 | 41.9 | ||
| Net profit margin | % | 1.3 | 6.6 | 4.0 |
Interim results exclude extraordinary / exceptional items
Year-on-Year Performance:
- The company's operating income during the quarter fell 6.1% on a year-on-year (YoY) basis. The expenses were down by 9.7% YoY during the same period.
- The company's operating profit increased by 44.8% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 10.2% in 1QFY20 as against 6.6% in 1QFY19.
- Depreciation charges increased by 36.3% and finance costs declined by 1.4% YoY, respectively.
- Other income increased by 23.3% YoY during the quarter.
- Net profit for the quarter increased by 196.6% YoY. Net profit margins during the quarter increased from 1.3% in 1QFY19 to 4.0% in 1QFY20.
Quarter-on-Quarter Performance:
- The company's operating income during the quarter fell 4.3% on a quarter-on-quarter (QoQ) basis. The expenses were down by 6.5% QoQ during the same period.
- The company's operating profit declined by 11.5% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 10.2% in 1QFY20 as against 11.0% in 4QFY19.
- Net profit for the quarter declined by 43.2% QoQ, while net profit margins declined from 6.7% in 4QFY19 to 4.0% in 1QFY20.
To see how GODREJ INDUSTRIES has performed over the last eight quarters,please visit here.
GODREJ INDUSTRIES Share Price Performance
Over the last one year,GODREJ INDUSTRIES share price has moved down from Rs 604.6 to Rs 451.4, registering a Loss of Rs 153.2 or around 25.3%.
Overall, the S&P BSE SENSEX is down 0.6% over the year.
Current Valuations
At the current price of Rs 451.4, the price to earnings (P/E) ratio of GODREJ INDUSTRIES stands at 41.0 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.9 times.
Related Views on News
GODREJ INDUSTRIES 2019-20 Annual Report Analysis (Annual Result Update)
Nov 20, 2020 | Updated on Nov 20, 2020Here's an analysis of the annual report of GODREJ INDUSTRIES for 2019-20. It includes a full income statement, balance sheet and cash flow analysis of GODREJ INDUSTRIES. Also includes updates on the valuation of GODREJ INDUSTRIES.
GODREJ INDUSTRIES Announces Quarterly Results (4QFY20); Net Profit Down 65.4% (Quarterly Result Update)
May 27, 2020 | Updated on May 27, 2020For the quarter ended March 2020, GODREJ INDUSTRIES has posted a net profit of Rs 722 m (down 65.4% YoY). Sales on the other hand came in at Rs 31 bn (up 5.0% YoY). Read on for a complete analysis of GODREJ INDUSTRIES's quarterly results.
GODREJ INDUSTRIES 2018-19 Annual Report Analysis (Annual Result Update)
Oct 3, 2019 | Updated on Oct 3, 2019Here's an analysis of the annual report of GODREJ INDUSTRIES for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of GODREJ INDUSTRIES. Also includes updates on the valuation of GODREJ INDUSTRIES.
GODREJ INDUSTRIES Announces Quarterly Results (4QFY19); Net Profit Up 41.4% (Quarterly Result Update)
May 14, 2019 | Updated on May 14, 2019For the quarter ended March 2019, GODREJ INDUSTRIES has posted a net profit of Rs 2 bn (up 41.4% YoY). Sales on the other hand came in at Rs 30 bn (up 28.3% YoY). Read on for a complete analysis of GODREJ INDUSTRIES's quarterly results.
More Views on NewsMost Popular
A Critical Update on the Market(Fast Profits Daily)
Mar 30, 2021In this video, I'll tell you why I am recommending caution in the market at this time.
My Recent Recommendation Will Profit from the Global Supply Chain Crisis(Profit Hunter)
Mar 31, 2021A tiny chemical company, started in the Licence Raj era, is a great example of a new wealth creating opportunity.
My Stock Trading Strategy(Fast Profits Daily)
Mar 31, 2021In this video I'll show you exactly how I go about picking stocks for trading.
What You Need to Find Hundred Baggers(Profit Hunter)
Mar 30, 2021100 baggers of the last decade share this common trait. Here's how to use it to nail future multibaggers.
More|
| |
OUR TOP 5 IDEAS
- India's Revival: A Once-in-a-generation Wealth Making Opportunity
- Are You Making One of These 15 Costly Mistakes While Investing. Learn more!
- Covid-19 Proof Multibagger Stocks - Download this FREE Report Now
- Free Report: The Secret to Increasing Your Trading Profits Daily!
- No Guessing, No Hunches, and No Missed Trends Ever! Join Us on YouTube Now.
GODREJ INDUSTRIES SHARE PRICE
Apr 9, 2021 (Close)
TRACK GODREJ INDUSTRIES
- Track your investment in GODREJ INDUSTRIES with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
- Add To MyStocks
MORE ON GODREJ INDUSTRIES
GODREJ INDUSTRIES 5-YR ANALYSIS
MARKET STATS
ABOUT EQUITYMASTER
Since 1996, Equitymaster has been the source for honest and credible opinions on investing in India. With solid research and in-depth analysis Equitymaster is dedicated towards making its readers- smarter, more confident and richer every day. Here's why hundreds of thousands of readers spread across more than 70 countries Trust Equitymaster.
FREE NEWSLETTERS
PREMIUM PRODUCTS
QUICK LINKS
POPULAR TOPICS
- Basics of Value Investing
- Benjamin Graham
- How to Invest in Gold
- How to Invest in Silver
- Best Stocks to Buy Today
- Warren Buffett - The Value Investor
- The Best Small-cap Stocks to Buy
- The Best Bluechip Stocks to Buy
- Your Ultimate Guide to Penny Stock Investing
- 10 Rules for Successful Long-Term Investing
- How to Invest in the Share Market
- Momentum Moves
FOLLOW
APP
Copyright © Equitymaster Agora Research Private Limited.
Whitelist | Refer | Terms | Privacy | Contact | About | Sitemap
Equitymaster Agora Research Private Limited (Research Analyst) 103, Regent Chambers, Above Status Restaurant, Nariman Point, Mumbai - 400 021. India.
Telephone: +91-22-61434055. Fax: +91-22-22028550. Email: info@equitymaster.com. Website: www.equitymaster.com. CIN:U74999MH2007PTC175407
All rights reserved. Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is strictly prohibited and shall be deemed to be copyright infringement.
LEGAL DISCLAIMER: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research Company. Equitymaster is not an Investment Adviser. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. This is not directed for access or use by anyone in a country, especially, USA, Canada or the European Union countries, where such use or access is unlawful or which may subject Equitymaster or its affiliates to any registration or licensing requirement. All content and information is provided on an 'As Is' basis by Equitymaster. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Equitymaster may hold shares in the company/ies discussed herein. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.
SEBI (Research Analysts) Regulations 2014, Registration No. INH000000537.
Equitymaster requests your view! Post a comment on "GODREJ INDUSTRIES Announces Quarterly Results (1QFY20); Net Profit Up 196.6%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!