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

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?  

Markets will remain closed on 21st April, 2021 on account of Ram Navami.

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 ChangeYoY Change
Net SalesRs m4,0495,1623,054-40.8%-24.6%
Other incomeRs m1814110-92.7%-43.9%
TurnoverRs m4,0675,3033,065-42.2%-24.6%
ExpensesRs m3,5904,6282,728-41.1%-24.0%
Gross profitRs m459533327-38.7%-28.8%
DepreciationRs m11920053-73.5%-55.3%
InterestRs m2914042-70.3%45.2%
Profit before taxRs m330335243-27.5%-26.5%
TaxRs m92658532.0%-7.2%
Profit after taxRs m238270157-41.8%-34.0%
Gross profit margin%11.310.310.7
Effective tax rate%27.819.335.2
Net profit margin%5.95.15.1
* 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 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.

Equitymaster requests your view! Post a comment on "GREENPLY INDUSTRIES Announces Quarterly Results (1QFY20); Net Profit Down 34.0%". Click here!

  

Related Views on News

Shares of Oxygen Suppliers in Focus Amid Rising Demand for Oxygen (Company Info)

Apr 20, 2021

In this article, we discuss the hype around Oxygen supplier stocks and a little known NBFC company, which has rallied 150% in less than a month.

Nazara Technologies IPO: Should You Apply? (IPO)

Mar 17, 2021

Should you bet on this gaming company backed by ace investor Rakesh Jhunjhunwala?

GREENPLY INDUSTRIES Announces Quarterly Results (3QFY20); Net Profit Down 47.9% (Quarterly Result Update)

Feb 17, 2020 | Updated on Feb 17, 2020

For the quarter ended December 2019, GREENPLY INDUSTRIES has posted a net profit of Rs 186 m (down 47.9% YoY). Sales on the other hand came in at Rs 3 bn (down 31.0% YoY). Read on for a complete analysis of GREENPLY INDUSTRIES's quarterly results.

More Views on News

Most Popular

India: Recovery Stalled by Vaccine Games?(The Honest Truth)

Apr 13, 2021

Ajit Dayal on how India's vaccine strategy will impact the markets.

A Stock with 700% Return Potential Comes with Additional Payoffs(Profit Hunter)

Apr 15, 2021

Narayana Murthy was one of the first unicorn founders to get the backing of this entity...

11x Bankruptcy to Bluechip Stock: A Rare India Revival Story(Profit Hunter)

Apr 16, 2021

There is no stopping this 11-bagger stock from significant upside.

Top 3 Nifty ETFs to Buy Now(Fast Profits Daily)

Apr 20, 2021

In this video I tell you the three Nifty ETFs I think are the best.

Why Did the Market Crash on Monday?(Fast Profits Daily)

Apr 13, 2021

In this video, I'll you what I think is the real reason behind yesterday's market crash.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

GREENPLY INDUSTRIES SHARE PRICE


Apr 20, 2021 (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 - PRIME SECURITIES COMPARISON

COMPARE GREENPLY INDUSTRIES WITH

MARKET STATS