GUJ.MINERAL DEV. Announces Quarterly Results (3QFY19); Net Profit Down 35.9%

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?  
  • Home
  • Research It
  • GMDC
  • GUJ.MINERAL DEV. Announces Quarterly Results (3QFY19); Net Profit Down 35.9%

Markets will remain closed on 21st October 2019, due to Assembly Elections in Maharashtra.

GUJ.MINERAL DEV. Announces Quarterly Results (3QFY19); Net Profit Down 35.9%
Fri, 22 Feb

GUJ.MINERAL DEV. has announced its results for the quarter ended December 2018. Here is a detailed performance review of the same:

GUJ.MINERAL DEV. Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m5,2853,2604,38634.5%-17.0%
Other incomeRs m35607219.6%103.2%
TurnoverRs m5,3213,3204,45734.3%-16.2%
ExpensesRs m3,7472,1843,49360.0%-6.8%
Gross profitRs m1,538-1,900892-42.0%
DepreciationRs m37617423133.0%-38.5%
InterestRs m5440.3%-15.9%
Profit before taxRs m1,193-2,018729-38.9%
TaxRs m4072062259.5%-44.7%
Profit after taxRs m786-2,224504-35.9%
Gross profit margin%29.1-58.320.3
Effective tax rate%34.1-10.230.9
Net profit margin%14.8-67.011.3
* 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 17.0% on a year-on-year (YoY) basis. The expenses were down by 6.8% YoY during the same period.
  • The company's operating profit declined by 42.0% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 20.3% in 3QFY19 as against 29.1% in 3QFY18.
  • Depreciation charges declined by 38.5% and finance costs declined by 15.9% YoY, respectively.
  • Other income increased by 103.2% YoY during the quarter.
  • Net profit for the quarter declined by 35.9% YoY. Net profit margins during the quarter declined from 14.8% in 3QFY18 to 11.3% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 34.5% on a quarter-on-quarter (QoQ) basis. The expenses were up by 60.0% QoQ during the same period.
  • The company's operating profit increased by 147.0% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 20.3% in 3QFY19 as against 58.3% in 2QFY18.
  • Net profit for the quarter increased by 122.7% QoQ, while net profit margins increased from -67.0% in 2QFY18 to 11.3% in 3QFY19.

To see how GUJ.MINERAL DEV. has performed over the last eight quarters, please visit here.

GUJ.MINERAL DEV. Share Price Performance

Over the last one year, GUJ.MINERAL DEV. share price has moved up from Rs 138.4 to Rs 75.7, registering a Loss of Rs 62.7 or around 45.3%.

Overall, the S&P BSE SENSEX is up 6.0% over the year.

Current Valuations

At the current price of Rs 75.7, the price to earnings (P/E) ratio of GUJ.MINERAL DEV. stands at 21.0 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.6 times.

Equitymaster requests your view! Post a comment on "GUJ.MINERAL DEV. Announces Quarterly Results (3QFY19); Net Profit Down 35.9%". Click here!

  

Related Views on News

GMDC Announces Quarterly Results (1QFY20); Net Profit Down 48.7% (Quarterly Result Update)

Aug 5, 2019 | Updated on Aug 5, 2019

For the quarter ended June 2019, GMDC has posted a net profit of Rs 959 m (down 48.7% YoY). Sales on the other hand came in at Rs 5 bn (down 20.1% YoY). Read on for a complete analysis of GMDC's quarterly results.

GMDC Announces Quarterly Results (4QFY19); Net Profit Up 23.9% (Quarterly Result Update)

May 13, 2019 | Updated on May 13, 2019

For the quarter ended March 2019, GMDC has posted a net profit of Rs 1 bn (up 23.9% YoY). Sales on the other hand came in at Rs 5 bn (down 20.1% YoY). Read on for a complete analysis of GMDC's quarterly results.

GUJ.MINERAL DEV. 2017-18 Annual Report Analysis (Annual Result Update)

Dec 19, 2018 | Updated on Dec 19, 2018

Here's an analysis of the annual report of GUJ.MINERAL DEV. for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of GUJ.MINERAL DEV.. Also includes updates on the valuation of GUJ.MINERAL DEV..

More Views on News

Most Popular

My 3 Best Small-cap Stocks to Get Rich in this Market Rebound(Profit Hunter)

Oct 14, 2019

This is once in a decade opportunity to make a killing from smallcap rebound.

Finally, Is the Share Price of Yes Bank Ready for a Rebound?(The 5 Minute Wrapup)

Oct 7, 2019

Here's what every individual investor must know about Yes Bank...

Two Stocks to Buy in the Great Indian Festival(Profit Hunter)

Oct 11, 2019

Discounts are not just limited to E-tailers. You can buy stocks at 50% off too. Here are two stocks to buy now.

Buy these 3 Stocks for Rebound Riches

Oct 18, 2019

Equitymaster's smallcap guru and editor of Hidden Treasure, Richa Agarwal, talks to us about the rebound in the stock market, and the best stocks to profit from it. Listen in...

The One Stock I Like in this Market(The 5 Minute Wrapup)

Oct 10, 2019

There are rare periods in markets when you get good quality stocks at attractive valuations. Is this one such period?

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2020
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

GMDC SHARE PRICE


Oct 18, 2019 (Close)

TRACK GMDC

COMPARE GMDC WITH

MARKET STATS