GOKALDAS EXPORTS Announces Quarterly Results (1QFY20); Net Profit Up 779.0%

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?  

GOKALDAS EXPORTS Announces Quarterly Results (1QFY20); Net Profit Up 779.0%
Wed, 31 Jul

GOKALDAS EXPORTS has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

GOKALDAS EXPORTS Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m2,8493,2633,4134.6%19.8%
Other incomeRs m283896153.5%247.7%
TurnoverRs m2,8773,3013,5096.3%22.0%
ExpensesRs m2,7082,9913,1986.9%18.1%
Gross profitRs m141209475127.2%236.4%
DepreciationRs m386712689.2%233.3%
InterestRs m91748920.9%-1.8%
Profit before taxRs m41107356233.3%779.0%
TaxRs m0-600.0%
Profit after taxRs m41113356214.7%779.0%
Gross profit margin%5.06.413.9
Effective tax rate%0.0-5.90.0
Net profit margin%1.43.410.2
* 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 19.8% on a year-on-year (YoY) basis. The expenses were up by 18.1% YoY during the same period.
  • The company's operating profit increased by 236.4% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 13.9% in 1QFY20 as against 5.0% in 1QFY19.
  • Depreciation charges increased by 233.3% and finance costs declined by 1.8% YoY, respectively.
  • Other income increased by 247.7% YoY during the quarter.
  • Net profit for the quarter increased by 779.0% YoY. Net profit margins during the quarter increased from 1.4% in 1QFY19 to 10.2% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 4.6% on a quarter-on-quarter (QoQ) basis. The expenses were up by 6.9% QoQ during the same period.
  • The company's operating profit increased by 127.2% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 13.9% in 1QFY20 as against 6.4% in 4QFY19.
  • Net profit for the quarter increased by 214.7% QoQ, while net profit margins increased from 3.4% in 4QFY19 to 10.2% in 1QFY20.

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

GOKALDAS EXPORTS Share Price Performance

Over the last one year,GOKALDAS EXPORTS share price has moved up from Rs 82.0 to Rs 85.4, registering a Gain of Rs 3.4 or around 4.1%.

Overall, the S&P BSE SENSEX is down 0.7% over the year.

Current Valuations

At the current price of Rs 85.4, the price to earnings (P/E) ratio of GOKALDAS EXPORTS stands at 5.2 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.3 times.

Equitymaster requests your view! Post a comment on "GOKALDAS EXPORTS Announces Quarterly Results (1QFY20); Net Profit Up 779.0%". Click here!

  

Related Views on News

GOKALDAS EXPORTS Announces Quarterly Results (4QFY19); Net Profit Up 72.3% (Quarterly Result Update)

May 21, 2019 | Updated on May 21, 2019

For the quarter ended March 2019, GOKALDAS EXPORTS has posted a net profit of Rs 113 m (up 72.3% YoY). Sales on the other hand came in at Rs 3 bn (up 12.4% YoY). Read on for a complete analysis of GOKALDAS EXPORTS's quarterly results.

GOKALDAS EXPORTS Announces Quarterly Results (3QFY19); Net Profit Up 148.4% (Quarterly Result Update)

Feb 15, 2019 | Updated on Feb 15, 2019

For the quarter ended December 2018, GOKALDAS EXPORTS has posted a net profit of Rs 81 m (up 148.4% YoY). Sales on the other hand came in at Rs 3 bn (up 11.9% YoY). Read on for a complete analysis of GOKALDAS EXPORTS's quarterly results.

GOKALDAS EXPORTS 2017-18 Annual Report Analysis (Annual Result Update)

Dec 18, 2018 | Updated on Dec 18, 2018

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

MSTC IPO: Should You Bet on This State-Run E-Commerce Player? (IPO)

Mar 13, 2019

Should you subscribe to the IPO of MSPC Limited?

Hindustan Aeronautics IPO: Yet Another Play on India's Defence Sector (IPO)

Mar 14, 2018

Should you apply for the IPO of state-run military aircraft maker Hindustan Aeronautics?

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.

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...

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.

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?

5 Smart Money Stocks to Profit from the Market Rebound(The 5 Minute Wrapup)

Oct 11, 2019

Now is the time to put money in these 5 stocks to take advantage of the recovery in the economy and the markets.

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

GOKALDAS EXPORTS SHARE PRICE


Oct 22, 2019 03:37 PM

TRACK GOKALDAS EXPORTS

  • Track your investment in GOKALDAS EXPORTS with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

MORE ON GOKALDAS EXPORTS

GOKALDAS EXPORTS - SWAN ENERGY COMPARISON

COMPARE GOKALDAS EXPORTS WITH

MARKET STATS