HIMADRI SPECIALITY CHEMICAL LTD Announces Quarterly Results (4QFY19); Net Profit Up 1.3%

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?  

HIMADRI SPECIALITY CHEMICAL LTD Announces Quarterly Results (4QFY19); Net Profit Up 1.3%
Thu, 30 May

HIMADRI SPECIALITY CHEMICAL LTD has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:

HIMADRI SPECIALITY CHEMICAL LTD Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m5,5085,8675,834-0.6%5.9%
Other incomeRs m2715164-57.4%137.6%
TurnoverRs m5,5356,0185,899-2.0%6.6%
ExpensesRs m4,2644,5394,6011.4%7.9%
Gross profitRs m1,2441,3281,233-7.1%-0.8%
DepreciationRs m778478-7.0%1.3%
InterestRs m189173170-1.9%-10.2%
Profit before taxRs m1,0041,2211,050-14.1%4.5%
TaxRs m292378328-13.3%12.2%
Profit after taxRs m713844722-14.4%1.3%
Gross profit margin%22.622.621.1
Effective tax rate%29.130.931.2
Net profit margin%12.914.012.2
* 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 5.9% on a year-on-year (YoY) basis. The expenses were up by 7.9% YoY during the same period.
  • The company's operating profit declined by 0.8% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 21.1% in 4QFY19 as against 22.6% in 4QFY18.
  • Depreciation charges increased by 1.3% and finance costs declined by 10.2% YoY, respectively.
  • Other income increased by 137.6% YoY during the quarter.
  • Net profit for the quarter increased by 1.3% YoY. Net profit margins during the quarter declined from 12.9% in 4QFY18 to 12.2% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 0.6% on a quarter-on-quarter (QoQ) basis. The expenses were up by 1.4% QoQ during the same period.
  • The company's operating profit declined by 7.1% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 21.1% in 4QFY19 as against 22.6% in 3QFY18.
  • Net profit for the quarter declined by 14.4% QoQ, while net profit margins declined from 14.0% in 3QFY18 to 12.2% in 4QFY19.

To see how HIMADRI SPECIALITY CHEMICAL LTD has performed over the last eight quarters, please visit here.

HIMADRI SPECIALITY CHEMICAL LTD Share Price Performance

Over the last one year, HIMADRI SPECIALITY CHEMICAL LTD share price has moved up from Rs 137.8 to Rs 103.4, registering a Loss of Rs 34.4 or around 24.9%.

Overall, the S&P BSE SENSEX is up 13.6% over the year.

Current Valuations

At the current price of Rs 103.4, the price to earnings (P/E) ratio of HIMADRI SPECIALITY CHEMICAL LTD stands at 14.1 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.1 times.

Equitymaster requests your view! Post a comment on "HIMADRI SPECIALITY CHEMICAL LTD Announces Quarterly Results (4QFY19); Net Profit Up 1.3%". Click here!

  

Related Views on News

HIMADRI SPECIALITY CHEMICAL LTD Announces Quarterly Results (3QFY20); Net Profit Down 80.2% (Quarterly Result Update)

Feb 14, 2020 | Updated on Feb 14, 2020

For the quarter ended December 2019, HIMADRI SPECIALITY CHEMICAL LTD has posted a net profit of Rs 167 m (down 80.2% YoY). Sales on the other hand came in at Rs 4 bn (down 27.0% YoY). Read on for a complete analysis of HIMADRI SPECIALITY CHEMICAL LTD's quarterly results.

HIMADRI SPECIALITY CHEMICAL LTD Announces Quarterly Results (3QFY19); Net Profit Up 20.3% (Quarterly Result Update)

Jan 30, 2019 | Updated on Jan 30, 2019

For the quarter ended December 2018, HIMADRI SPECIALITY CHEMICAL LTD has posted a net profit of Rs 844 m (up 20.3% YoY). Sales on the other hand came in at Rs 6 bn (up 17.3% YoY). Read on for a complete analysis of HIMADRI SPECIALITY CHEMICAL LTD's quarterly results.

HIMADRI SPECIALITY CHEMICAL LTD 2017-18 Annual Report Analysis (Annual Result Update)

Dec 20, 2018 | Updated on Dec 20, 2018

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

More Views on News

Most Popular

These 5 Smallcaps Deserve a Place in Your Coffee Can Portfolio(Profit Hunter)

Jul 28, 2020

When it comes to quality stocks, doing less is more.

My Best Trading Ideas When Interest Rates Are So Low(Fast Profits Daily)

Jul 23, 2020

India's interest rates are lower than the inflation rate. Here are the best trades for this situation.

Before You Buy Your First Electric Vehicle Consider Buying this Stock(Profit Hunter)

Jul 29, 2020

As competition intensifies in the electric vehicle space, only few will create huge wealth over the years.

Gold or Silver: Which One Should You Buy Now?(Fast Profits Daily)

Jul 24, 2020

Silver and gold are both vying for your attention. Which is the better trade today?

More

Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

HIMADRI SPECIALITY CHEMICAL LTD SHARE PRICE


Aug 5, 2020 01:33 PM

TRACK HIMADRI SPECIALITY CHEMICAL LTD

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

MORE ON HIMADRI SPECIALITY CHEMICAL LTD

HIMADRI SPECIALITY CHEMICAL LTD 8-QTR ANALYSIS

COMPARE HIMADRI SPECIALITY CHEMICAL LTD WITH

MARKET STATS