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

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?  

GHCL Announces Quarterly Results (4QFY20); Net Profit Down 32.6%
Thu, 21 May

GHCL has announced its results for the quarter ended March 2020. Here is a detailed performance review of the same:

GHCL Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-19*
3
Dec-19*
3
Mar-20*
QoQ ChangeYoY Change
Net SalesRs m9,1138,3467,332-12.2%-19.5%
Other incomeRs m33856-93.6%-83.4%
TurnoverRs m9,1468,4327,337-13.0%-19.8%
ExpensesRs m6,7316,5675,724-12.8%-15.0%
Gross profitRs m2,3811,6831,507-10.5%-36.7%
DepreciationRs m3013233477.4%15.4%
InterestRs m30525633530.5%9.5%
Profit before taxRs m1,8081,189831-30.1%-54.0%
TaxRs m62317832-82.0%-94.8%
Profit after taxRs m1,1861,011799-21.0%-32.6%
Gross profit margin%26.120.220.6
Effective tax rate%34.415.03.9
Net profit margin%13.012.010.9
* 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 19.5% on a year-on-year (YoY) basis. The expenses were down by 15.0% YoY during the same period.
  • The company's operating profit declined by 36.7% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 20.6% in 4QFY20 as against 26.1% in 4QFY19.
  • Depreciation charges increased by 15.4% and finance costs increased by 9.5% YoY, respectively.
  • Other income declined by 83.4% YoY during the quarter.
  • Net profit for the quarter declined by 32.6% YoY. Net profit margins during the quarter declined from 13.0% in 4QFY19 to 10.9% in 4QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 12.2% on a quarter-on-quarter (QoQ) basis. The expenses were down by 12.8% QoQ during the same period.
  • The company's operating profit declined by 10.5% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 20.6% in 4QFY20 as against 20.2% in 3QFY19.
  • Net profit for the quarter declined by 21.0% QoQ, while net profit margins declined from 12.0% in 3QFY19 to 10.9% in 4QFY20.

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

Last Chance: Grab Your Free Spot for Rahul Shah's Lazy Millionaire Summit

GHCL Share Price Performance

Over the last one year,GHCL share price has moved down from Rs 244.7 to Rs 100.0, registering a Loss of Rs 144.7 or around 59.1%.

Overall, the S&P BSE SENSEX is down 21.3% over the year.

Current Valuations

At the current price of Rs 100.0, the price to earnings (P/E) ratio of GHCL stands at 2.5 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.5 times.

Equitymaster requests your view! Post a comment on "GHCL Announces Quarterly Results (4QFY20); Net Profit Down 32.6%". Click here!

  

Related Views on News

GHCL 2020-21 Annual Report Analysis (Annual Result Update)

Oct 26, 2021 | Updated on Oct 26, 2021

Here's an analysis of the annual report of GHCL for 2020-21. It includes a full income statement, balance sheet and cash flow analysis of GHCL. Also includes updates on the valuation of GHCL.

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

10 Indian Companies with the Fastest Growth in Dividend Payouts...(Views On News)

Jan 10, 2022

These companies have been consistently paying higher dividends for several years.

Tata Steel vs SAIL: Which Stock is Better?(Views On News)

Jan 13, 2022

With government initiatives set to boost the steel sector, find out who has a better chance of coming out on top.

Watch Out for these 4 Indian Companies Betting Big on EV Supply Chain(Views On News)

Jan 11, 2022

The upside in supply chain players could be huge but a delay in the transition to EVs, or any policy related hiccups could end the momentum.

Tech Mahindra's CTC Acquisition: Too Expensive?(Views On News)

Jan 18, 2022

Tech Mahindra's acquisition of European IT-company fails to excite investors.

These 5 Penny Stocks are Held by Rakesh Jhunjhunwala. Worth a Look?(Views On News)

Jan 18, 2022

Rakesh Jhunjhunwala is holding these penny stocks in his portfolio for several years now.

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


Jan 21, 2022 (Close)

TRACK GHCL

GHCL - PLASTIBLENDS INDIA COMPARISON

COMPARE GHCL WITH

MARKET STATS