HIMACHAL FUTURISTIC Announces Quarterly Results (2QFY20); Net Profit Up 58.0%

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?  

HIMACHAL FUTURISTIC Announces Quarterly Results (2QFY20); Net Profit Up 58.0%
Fri, 25 Oct

HIMACHAL FUTURISTIC has announced its results for the quarter ended September 2019. Here is a detailed performance review of the same:

HIMACHAL FUTURISTIC Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-18*
3
Jun-19*
3
Sep-19*
QoQ ChangeYoY Change
Net SalesRs m11,37412,0069,231-23.1%-18.8%
Other incomeRs m234435-18.6%53.9%
TurnoverRs m11,39712,0509,266-23.1%-18.7%
ExpensesRs m10,57010,4077,963-23.5%-24.7%
Gross profitRs m8041,6001,268-20.7%57.7%
DepreciationRs m4156607.2%45.9%
InterestRs m1752282363.2%34.4%
Profit before taxRs m6111,3591,008-25.8%65.0%
TaxRs m213465379-18.5%78.0%
Profit after taxRs m398893628-29.7%58.0%
Gross profit margin%7.113.313.7
Effective tax rate%34.934.337.6
Net profit margin%3.57.46.8
* 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 18.8% on a year-on-year (YoY) basis. The expenses were down by 24.7% YoY during the same period.
  • The company's operating profit increased by 57.7% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 13.7% in 2QFY20 as against 7.1% in 2QFY19.
  • Depreciation charges increased by 45.9% and finance costs increased by 34.4% YoY, respectively.
  • Other income increased by 53.9% YoY during the quarter.
  • Net profit for the quarter increased by 58.0% YoY. Net profit margins during the quarter increased from 3.5% in 2QFY19 to 6.8% in 2QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 23.1% on a quarter-on-quarter (QoQ) basis. The expenses were down by 23.5% QoQ during the same period.
  • The company's operating profit declined by 20.7% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 13.7% in 2QFY20 as against 13.3% in 1QFY19.
  • Net profit for the quarter declined by 29.7% QoQ, while net profit margins declined from 7.4% in 1QFY19 to 6.8% in 2QFY20.

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

Just Released: The No. 1 Stock to Buy in 2020

HIMACHAL FUTURISTIC Share Price Performance

Over the last one year,HIMACHAL FUTURISTIC share price has moved down from Rs 19.7 to Rs 17.1, registering a Loss of Rs 2.6 or around 13.2%.

Meanwhile, the S&P BSE TECK Index is trading at Rs 7,104.1 (up 0.3%). Over the last one year it has moved up from 6,876.4 to 7,104.1, a gain of 228 points (up 3.3%).

Overall, the S&P BSE SENSEX is up 14.6% over the year.

Current Valuations

At the current price of Rs 17.1, the price to earnings (P/E) ratio of HIMACHAL FUTURISTIC stands at 8.6 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.5 times.

Equitymaster requests your view! Post a comment on "HIMACHAL FUTURISTIC Announces Quarterly Results (2QFY20); Net Profit Up 58.0%". Click here!

  

Related Views on News

HIMACHAL FUTURISTIC Announces Quarterly Results (3QFY20); Net Profit Up 2.5% (Quarterly Result Update)

Jan 22, 2020 | Updated on Jan 22, 2020

For the quarter ended December 2019, HIMACHAL FUTURISTIC has posted a net profit of Rs 496 m (up 2.5% YoY). Sales on the other hand came in at Rs 8 bn (down 26.5% YoY). Read on for a complete analysis of HIMACHAL FUTURISTIC's quarterly results.

HIMACHAL FUTURISTIC 2018-19 Annual Report Analysis (Annual Result Update)

Sep 16, 2019 | Updated on Sep 16, 2019

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

HIMACHAL FUTURISTIC Announces Quarterly Results (1QFY20); Net Profit Up 101.4% (Quarterly Result Update)

Jul 15, 2019 | Updated on Jul 15, 2019

For the quarter ended June 2019, HIMACHAL FUTURISTIC has posted a net profit of Rs 893 m (up 101.4% YoY). Sales on the other hand came in at Rs 12 bn (up 16.3% YoY). Read on for a complete analysis of HIMACHAL FUTURISTIC's quarterly results.

More Views on News

Most Popular

Bet on These Smallcap Stocks for Success in 2020(Profit Hunter)

Jan 14, 2020

The smallcap rebound finally seems to here... Make sure you aren't too late to make the most of the biggest wealth making opportunity in a decade.

Guess Which Stocks Are Rising at Double the Speed of Sensex(Profit Hunter)

Jan 15, 2020

These stocks can move twice as fast as the Sensex - to take advantage of their money multiplying power get in now as the rally is still just taking shape.. read more to not miss out.

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.

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.

What the Infosys Results Tell Us About the Next Infosys(The 5 Minute Wrapup)

Jan 15, 2020

If you're interested in the next Infosys, I'll tell you where to look.

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

HIMACHAL FUTURISTIC SHARE PRICE


Jan 24, 2020 (Close)

TRACK HIMACHAL FUTURISTIC

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

MORE ON HIMACHAL FUTURISTIC

HIMACHAL FUTURISTIC - TELEKOM INDO. COMPARISON

COMPARE HIMACHAL FUTURISTIC WITH

MARKET STATS