GHCL Announces Quarterly Results (2QFY20); Net Profit Up 55.7%

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?  

GHCL Announces Quarterly Results (2QFY20); Net Profit Up 55.7%
Fri, 1 Nov

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

GHCL Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-18*
3
Jun-19*
3
Sep-19*
QoQ ChangeYoY Change
Net SalesRs m8,3548,7598,219-6.2%-1.6%
Other incomeRs m3536386.8%8.3%
TurnoverRs m8,3898,7948,257-6.1%-1.6%
ExpensesRs m6,6026,5746,227-5.3%-5.7%
Gross profitRs m1,7522,1851,992-8.8%13.7%
DepreciationRs m2893143212.4%11.1%
InterestRs m344300291-2.9%-15.3%
Profit before taxRs m1,1551,6071,418-11.8%22.8%
TaxRs m371572197-65.6%-46.9%
Profit after taxRs m7841,0351,22118.0%55.7%
Gross profit margin%21.024.924.2
Effective tax rate%32.135.613.9
Net profit margin%9.311.814.8
* 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 fell 1.6% on a year-on-year (YoY) basis. The expenses were down by 5.7% YoY during the same period.
  • The company's operating profit increased by 13.7% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 24.2% in 2QFY20 as against 21.0% in 2QFY19.
  • Depreciation charges increased by 11.1% and finance costs declined by 15.3% YoY, respectively.
  • Other income increased by 8.3% YoY during the quarter.
  • Net profit for the quarter increased by 55.7% YoY. Net profit margins during the quarter increased from 9.3% in 2QFY19 to 14.8% in 2QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 6.2% on a quarter-on-quarter (QoQ) basis. The expenses were down by 5.3% QoQ during the same period.
  • The company's operating profit declined by 8.8% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 24.2% in 2QFY20 as against 24.9% in 1QFY19.
  • Net profit for the quarter increased by 18.0% QoQ, while net profit margins increased from 11.8% in 1QFY19 to 14.8% in 2QFY20.

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

Find Out: How to Create Massive Gains from Govt's Mega 2023 Plan?

GHCL Share Price Performance

Over the last one year,GHCL share price has moved down from Rs 222.0 to Rs 218.2, registering a Loss of Rs 3.8 or around 1.7%.

Overall, the S&P BSE SENSEX is up 16.5% over the year.

Current Valuations

At the current price of Rs 218.2, the price to earnings (P/E) ratio of GHCL stands at 4.9 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 "GHCL Announces Quarterly Results (2QFY20); Net Profit Up 55.7%". Click here!

  

Related Views on News

ATUL Share Price Down by 5%; BSE 500 Index Down 1.5% (Market Updates)

Oct 20, 2021 | Updated on Oct 20, 2021

ATUL share price is trading down by 5% and its current market price is Rs 10,259. The BSE 500 is down by 1.5%. The top gainers in the BSE 500 Index are NETWORK18 MEDIA (up 5.1%) and UNION BANK (up 4.9%). The top losers are ATUL (down 5.4%) and CERA SANITARY (down 9.8%).

GHCL Announces Quarterly Results (4QFY20); Net Profit Down 32.6% (Quarterly Result Update)

May 21, 2020 | Updated on May 21, 2020

For the quarter ended March 2020, GHCL has posted a net profit of Rs 799 m (down 32.6% YoY). Sales on the other hand came in at Rs 7 bn (down 19.5% YoY). Read on for a complete analysis of GHCL's quarterly results.

GHCL Announces Quarterly Results (3QFY20); Net Profit Down 1.4% (Quarterly Result Update)

Jan 27, 2020 | Updated on Jan 27, 2020

For the quarter ended December 2019, GHCL has posted a net profit of Rs 1 bn (down 1.4% YoY). Sales on the other hand came in at Rs 8 bn (down 4.1% YoY). Read on for a complete analysis of GHCL's quarterly results.

More Views on News

Most Popular

Is it Time to Switch from Tata Power to NTPC?(Profit Hunter)

Oct 11, 2021

Given the huge run up in Tata Power, does it make sense to switch to NTPC?

This Proxy EV Stock Just got a Power Crisis Boost(Profit Hunter)

Oct 8, 2021

After months of research, I've come across few stocks that excite me far more than the mainstream electric vehicle companies.

Rs 1 Lakh Invested in These Cryptos at the Start of 2021 Became Rs...(Views On News)

Oct 8, 2021

These cryptos would have multiplied investors' wealth by as much as 10,000% in just nine months.

5 Exciting 'Unlisted' Companies and How to Play Them(Views On News)

Oct 7, 2021

Here's how you can invest in some of the most exciting start-ups of the decade.

Modi's Big Move Could Boost these 5 Defence Stocks(Views On News)

Oct 11, 2021

To corporatise the defence sector, the Ministry of Defence (MoD) has dissolved the 250-year-old Ordnance Factory Board (OFB).

More

Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

GHCL SHARE PRICE


Oct 20, 2021 03:35 PM

TRACK GHCL

GHCL - RESONANCE SPEC. COMPARISON

COMPARE GHCL WITH

MARKET STATS