MEMBER'S LOGINX
| Login Failure | ||||||||
|
||||||||
| Sign Up | Forgot Password? | ||||||||
- Home
- Research It
- GREENPLY INDUSTRIES
- GREENPLY INDUSTRIES Announces Quarterly Results (1QFY20); Net Profit Down 34.0%
GREENPLY INDUSTRIES Announces Quarterly Results (1QFY20); Net Profit Down 34.0%
Wed, 28 Aug
GREENPLY INDUSTRIES has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:
GREENPLY INDUSTRIES Quarterly Financials
| No. of Mths Qtr. Ending | 3 Jun-18* | 3 Mar-19* | 3 Jun-19* | QoQ Change | YoY Change | |
|---|---|---|---|---|---|---|
| Net Sales | Rs m | 4,049 | 5,162 | 3,054 | -40.8% | -24.6% |
| Other income | Rs m | 18 | 141 | 10 | -92.7% | -43.9% |
| Turnover | Rs m | 4,067 | 5,303 | 3,065 | -42.2% | -24.6% |
| Expenses | Rs m | 3,590 | 4,628 | 2,728 | -41.1% | -24.0% |
| Gross profit | Rs m | 459 | 533 | 327 | -38.7% | -28.8% |
| Depreciation | Rs m | 119 | 200 | 53 | -73.5% | -55.3% |
| Interest | Rs m | 29 | 140 | 42 | -70.3% | 45.2% |
| Profit before tax | Rs m | 330 | 335 | 243 | -27.5% | -26.5% |
| Tax | Rs m | 92 | 65 | 85 | 32.0% | -7.2% |
| Profit after tax | Rs m | 238 | 270 | 157 | -41.8% | -34.0% |
| Gross profit margin | % | 11.3 | 10.3 | 10.7 | ||
| Effective tax rate | % | 27.8 | 19.3 | 35.2 | ||
| Net profit margin | % | 5.9 | 5.1 | 5.1 |
Interim results exclude extraordinary / exceptional items
Year-on-Year Performance:
- The company's operating income during the quarter fell 24.6% on a year-on-year (YoY) basis. The expenses were down by 24.0% YoY during the same period.
- The company's operating profit declined by 28.8% YoY during the quarter. Consequently, operating profit margins remained same and stood at 10.7% in 1QFY20.
- Depreciation charges declined by 55.3% and finance costs increased by 45.2% YoY, respectively.
- Other income declined by 43.9% YoY during the quarter.
- Net profit for the quarter declined by 34.0% YoY. Net profit margins during the quarter declined from 5.9% in 1QFY19 to 5.1% in 1QFY20.
Quarter-on-Quarter Performance:
- The company's operating income during the quarter fell 40.8% on a quarter-on-quarter (QoQ) basis. The expenses were down by 41.1% QoQ during the same period.
- The company's operating profit declined by 38.7% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 10.7% in 1QFY20 as against 10.3% in 4QFY19.
- Net profit for the quarter declined by 41.8% QoQ, while net profit margins increased from 5.1% in 4QFY19 to 5.1% in 1QFY20.
To see how GREENPLY INDUSTRIES has performed over the last eight quarters,please visit here.
GREENPLY INDUSTRIES Share Price Performance
Over the last one year,GREENPLY INDUSTRIES share price has moved down from Rs 201.4 to Rs 139.0, registering a Loss of Rs 62.4 or around 31.0%.
Overall, the S&P BSE SENSEX is down 3.2% over the year.
Current Valuations
At the current price of Rs 139.0, the price to earnings (P/E) ratio of GREENPLY INDUSTRIES stands at 18.1 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.9 times.
|
| |
Related Views on News
GREENPLY IND Announces Quarterly Results (3QFY19); Net Profit Down 1.0% (Quarterly Result Update)
Feb 11, 2019 | Updated on Feb 11, 2019For 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, 2019Here'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.
GREENPLY IND Announces Quarterly Results (2QFY19); Net Profit Down 60.8% (Quarterly Result Update)
Nov 14, 2018 | Updated on Nov 14, 2018For the quarter ended September 2018, GREENPLY IND has posted a net profit of Rs 143 m (down 60.8% YoY). Sales on the other hand came in at Rs 4 bn (up 0.5% YoY). Read on for a complete analysis of GREENPLY IND's quarterly results.
MSTC IPO: Should You Bet on This State-Run E-Commerce Player? (IPO)
Mar 13, 2019Should you subscribe to the IPO of MSPC Limited?
Hindustan Aeronautics IPO: Yet Another Play on India's Defence Sector (IPO)
Mar 14, 2018Should you apply for the IPO of state-run military aircraft maker Hindustan Aeronautics?
More Views on NewsMost Popular
My 3 Best Small-cap Stocks to Get Rich in this Market Rebound(Profit Hunter)
Oct 14, 2019This 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, 2019Here's what every individual investor must know about Yes Bank...
What if Indiabulls Housing Finance and Yes Bank Do Not Rebound?(Profit Hunter)
Oct 1, 2019How long should you wait for fallen blue chips like Yes Bank and Indiabulls Housing Finance to rebound?
The One Stock I Like in this Market(The 5 Minute Wrapup)
Oct 10, 2019There 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, 2019Now is the time to put money in these 5 stocks to take advantage of the recovery in the economy and the markets.
More|
| |
GREENPLY INDUSTRIES SHARE PRICE
Oct 14, 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 5-YR ANALYSIS
COMPARE GREENPLY INDUSTRIES WITH
OTHER USEFUL LINKS
MARKET STATS
ABOUT EQUITYMASTER
Since 1996, Equitymaster has been the source for honest and credible opinions on investing in India. With solid research and in-depth analysis Equitymaster is dedicated towards making its readers- smarter, more confident and richer every day. Here's why hundreds of thousands of readers spread across more than 70 countries Trust Equitymaster.
FREE NEWSLETTERS
PREMIUM PRODUCTS
QUICK LINKS
APPS
FOLLOW
Copyright © Equitymaster Agora Research Private Limited.
Whitelist | Refer | Terms | Privacy | Contact | About | Sitemap
Equitymaster Agora Research Private Limited (Research Analyst) 103, Regent Chambers, Above Status Restaurant, Nariman Point, Mumbai - 400 021. India.
Telephone: +91-22-61434055. Fax: +91-22-22028550. Email: info@equitymaster.com. Website: www.equitymaster.com. CIN:U74999MH2007PTC175407
All rights reserved. Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is strictly prohibited and shall be deemed to be copyright infringement.
LEGAL DISCLAIMER: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research Company. Equitymaster is not an Investment Adviser. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. This is not directed for access or use by anyone in a country, especially, USA, Canada or the European Union countries, where such use or access is unlawful or which may subject Equitymaster or its affiliates to any registration or licensing requirement. All content and information is provided on an 'As Is' basis by Equitymaster. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Equitymaster may hold shares in the company/ies discussed herein. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.
SEBI (Research Analysts) Regulations 2014, Registration No. INH000000537.
Equitymaster requests your view! Post a comment on "GREENPLY INDUSTRIES Announces Quarterly Results (1QFY20); Net Profit Down 34.0%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!