HINDALCO Announces Quarterly Results (1QFY20); Net Profit Down 94.5%

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?  

HINDALCO Announces Quarterly Results (1QFY20); Net Profit Down 94.5%
Tue, 13 Aug

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

HINDALCO Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m105,932123,727100,547-18.7%-5.1%
Other incomeRs m1,0553,6062,014-44.2%90.9%
TurnoverRs m106,987127,332102,560-19.5%-4.1%
ExpensesRs m92,679114,70393,372-18.6%0.7%
Gross profitRs m13,2539,0246,956-22.9%-47.5%
DepreciationRs m4,0434,5974,180-9.1%3.4%
InterestRs m4,1084,1434,4447.2%8.2%
Profit before taxRs m6,1573,890347-91.1%-94.4%
TaxRs m2,0221,531121-92.1%-94.0%
Profit after taxRs m4,1352,358226-90.4%-94.5%
Gross profit margin%12.57.36.9
Effective tax rate%32.839.434.9
Net profit margin%3.91.90.2
* 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 fell 5.1% on a year-on-year (YoY) basis. The expenses were up by 0.7% YoY during the same period.
  • The company's operating profit declined by 47.5% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 6.9% in 1QFY20 as against 12.5% in 1QFY19.
  • Depreciation charges increased by 3.4% and finance costs increased by 8.2% YoY, respectively.
  • Other income increased by 90.9% YoY during the quarter.
  • Net profit for the quarter declined by 94.5% YoY. Net profit margins during the quarter declined from 3.9% in 1QFY19 to 0.2% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 18.7% on a quarter-on-quarter (QoQ) basis. The expenses were down by 18.6% QoQ during the same period.
  • The company's operating profit declined by 22.9% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 6.9% in 1QFY20 as against 7.3% in 4QFY19.
  • Net profit for the quarter declined by 90.4% QoQ, while net profit margins declined from 1.9% in 4QFY19 to 0.2% in 1QFY20.

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

HINDALCO Share Price Performance

Over the last one year,HINDALCO share price has moved down from Rs 221.3 to Rs 176.2, registering a Loss of Rs 45.1 or around 20.4%.

Meanwhile, the S&P BSE METAL Index is trading at Rs 8,914.0 (up 0.2%). Over the last one year it has moved down from 12,915.6 to 8,914.0, a gain of 4,002 points (down 31.0%).

Overall, the S&P BSE SENSEX is down 1.3% over the year.

Current Valuations

At the current price of Rs 176.2, the price to earnings (P/E) ratio of HINDALCO stands at 44.7 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 "HINDALCO Announces Quarterly Results (1QFY20); Net Profit Down 94.5%". Click here!

  

Related Views on News

HINDALCO 2018-19 Annual Report Analysis (Annual Result Update)

Aug 7, 2019 | Updated on Aug 7, 2019

Here's an analysis of the annual report of HINDALCO for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of HINDALCO. Also includes updates on the valuation of HINDALCO.

HINDALCO Announces Quarterly Results (4QFY19); Net Profit Down 37.4% (Quarterly Result Update)

Jun 4, 2019 | Updated on Jun 4, 2019

For the quarter ended March 2019, HINDALCO has posted a net profit of Rs 2 bn (down 37.4% YoY). Sales on the other hand came in at Rs 124 bn (up 5.9% YoY). Read on for a complete analysis of HINDALCO's quarterly results.

HINDALCO Announces Quarterly Results (3QFY19); Net Profit Down 34.1% (Quarterly Result Update)

Feb 18, 2019 | Updated on Feb 18, 2019

For the quarter ended December 2018, HINDALCO has posted a net profit of Rs 2 bn (down 34.1% YoY). Sales on the other hand came in at Rs 119 bn (up 8.3% YoY). Read on for a complete analysis of HINDALCO's quarterly results.

HINDALCO 2017-18 Annual Report Analysis (Annual Result Update)

Dec 21, 2018 | Updated on Dec 21, 2018

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

More Views on News

Most Popular

How to Buy the Best Safe Stocks in 2020(The 5 Minute Wrapup)

Jan 17, 2020

Don't fall for the safe stocks narrative going around in the stock market these days.

For 1,000%+ Gains, Follow the 8-Year Cycle in the Stock Market(Fast Profits Daily)

Jan 17, 2020

This is how the biggest trading profits are made.

The Best Asset Class to Invest in 2020(Fast Profits Daily)

Jan 24, 2020

Why I'm most bullish on this asset class above all else in 2020.

Small is Beautiful in 2020 (A Prediction You Don't Want to Miss)(Profit Hunter)

Jan 17, 2020

As always Apurva will predict the best asset class to invest in in the coming year, last year he predicted gold and he was bang on! And this year he predicts... wait, you have to read to find out! Don't miss this.

The Smallcap Rebound Has Begun (13 Stocks Up Over 20% in the last Month)(Profit Hunter)

Jan 21, 2020

The best smallcap stocks to bet on to get rich in this market rebound.

More

India's #1 Trader
Reveals His Secrets

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

HINDALCO SHARE PRICE


Jan 28, 2020 (Close)

TRACK HINDALCO

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

COMPARE HINDALCO WITH

MARKET STATS