GREENPLY IND Announces Quarterly Results (2QFY19); Net Profit Down 60.8%

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?  

GREENPLY IND Announces Quarterly Results (2QFY19); Net Profit Down 60.8%
Wed, 14 Nov

GREENPLY IND has announced its results for the quarter ended September 2018. Here is a detailed performance review of the same:

GREENPLY IND Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m4,4614,0494,48310.7%0.5%
Other incomeRs m10182748.9%172.9%
TurnoverRs m4,4714,0674,51010.9%0.9%
ExpensesRs m3,8243,5904,06713.3%6.4%
Gross profitRs m637459416-9.3%-34.7%
DepreciationRs m11411917345.6%51.8%
InterestRs m2329235721.6%922.4%
Profit before taxRs m51133036-89.1%-93.0%
TaxRs m14792-107-216.1%-172.6%
Profit after taxRs m364238143-40.1%-60.8%
Gross profit margin%14.311.39.3
Effective tax rate%28.827.8-296.9
Net profit margin%8.15.93.2
* 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 0.5% on a year-on-year (YoY) basis. The expenses were up by 6.4% YoY during the same period.
  • The company's operating profit declined by 34.7% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 9.3% in 2QFY19 as against 14.3% in 2QFY18.
  • Depreciation charges increased by 51.8% and finance costs increased by 922.4% YoY, respectively.
  • Other income increased by 172.9% YoY during the quarter.
  • Net profit for the quarter declined by 60.8% YoY. Net profit margins during the quarter declined from 8.1% in 2QFY18 to 3.2% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 10.7% on a quarter-on-quarter (QoQ) basis. The expenses were up by 13.3% QoQ during the same period.
  • The company's operating profit declined by 9.3% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 9.3% in 2QFY19 as against 11.3% in 1QFY18.
  • Net profit for the quarter declined by 40.1% QoQ, while net profit margins declined from 5.9% in 1QFY18 to 3.2% in 2QFY19.

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

GREENPLY IND Share Price Performance

Over the last one year, GREENPLY IND share price has moved up from Rs 315.5 to Rs 141.1, registering a Loss of Rs 174.5 or around 55.3%.

Overall, the S&P BSE SENSEX is up 6.5% over the year.

Current Valuations

At the current price of Rs 141.1, the price to earnings (P/E) ratio of GREENPLY IND stands at 15.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.9 times.

Equitymaster requests your view! Post a comment on "GREENPLY IND Announces Quarterly Results (2QFY19); Net Profit Down 60.8%". Click here!

  

Related Views on News

GREENPLY INDUSTRIES Announces Quarterly Results (1QFY20); Net Profit Down 34.0% (Quarterly Result Update)

Aug 28, 2019 | Updated on Aug 28, 2019

For the quarter ended June 2019, GREENPLY INDUSTRIES has posted a net profit of Rs 157 m (down 34.0% YoY). Sales on the other hand came in at Rs 3 bn (down 24.6% YoY). Read on for a complete analysis of GREENPLY INDUSTRIES's quarterly results.

GREENPLY IND Announces Quarterly Results (3QFY19); Net Profit Down 1.0% (Quarterly Result Update)

Feb 11, 2019 | Updated on Feb 11, 2019

For the quarter ended December 2018, GREENPLY IND has posted a net profit of Rs 357 m (down 1.0% YoY). Sales on the other hand came in at Rs 5 bn (up 15.9% YoY). Read on for a complete analysis of GREENPLY IND's quarterly results.

GREENPLY IND 2017-18 Annual Report Analysis (Annual Result Update)

Jan 16, 2019 | Updated on Jan 16, 2019

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

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

The Smartest Stock to Buy for 2020(Profit Hunter)

Nov 14, 2019

Small-cap stocks are selling at bargain prices today and are poised to generate a lot of wealth in 2020 and beyond...

A Trade that Could Generate Profits for Decades

Nov 14, 2019

India's #1 trader is back on the Investor Hour. Vijay Bhambwani talks to us about his super-profitable trading system and shares with us his #1 long term trade. Listen in...

The One Trade I'm Most Bullish on Now

Nov 12, 2019

A highly specific trade to potentially triple your money in just three months. You won't find this information anywhere else!

How the Modi Government is Helping My Top 7 Stocks(The 5 Minute Wrapup)

Nov 14, 2019

Recent reforms by the Modi government can give a big boost on your stocks, provided you buy the right ones.

I Think Nestle, HUL, and Asian Paints Could Give Low Returns(Profit Hunter)

Nov 15, 2019

If you think high quality stocks will continue their dream run forever, then you must read this now.

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

GREENPLY INDUSTRIES SHARE PRICE


Nov 22, 2019 (Close)

TRACK GREENPLY INDUSTRIES

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

MORE ON GREENPLY INDUSTRIES

GREENPLY INDUSTRIES 8-QTR ANALYSIS

COMPARE GREENPLY INDUSTRIES WITH

MARKET STATS