HIND NAT. GLASS Announces Quarterly Results (4QFY18); Net Profit Down 5.9%

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HIND NAT. GLASS Announces Quarterly Results (4QFY18); Net Profit Down 5.9%
Fri, 20 Jul

HIND NAT. GLASS has announced its results for the quarter ended March 2018. Here is a detailed performance review of the same:

HIND NAT. GLASS Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-17*
3
Dec-17*
3
Mar-18*
QoQ ChangeYoY Change
Net SalesRs m5,4485,0005,3797.6%-1.3%
Other incomeRs m-157-41-667.1%
TurnoverRs m5,4335,0075,3386.6%-1.7%
ExpensesRs m5,1814,7865,1156.9%-1.3%
Gross profitRs m26721426423.7%-0.9%
DepreciationRs m424395385-2.5%-9.2%
InterestRs m629642629-2.1%-0.1%
Profit before taxRs m-801-816-790
TaxRs m00-360.0%0.0%
Profit after taxRs m-801-816-754
Gross profit margin%4.94.34.9
Effective tax rate%0.00.04.6
Net profit margin%-14.8-16.3-14.1
* 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 1.3% on a year-on-year (YoY) basis. The expenses were down by 1.3% YoY during the same period.
  • The company's operating profit declined by 0.9% YoY during the quarter. Consequently, operating profit margins remained same and stood at 4.9% in 4QFY18.
  • Depreciation charges and finance costs declined by 9.2% YoY and 0.1% YoY, respectively.
  • Other income increased by 174.2% YoY during the quarter.
  • Net profit for the quarter declined by 5.9% YoY. Net profit margins during the quarter increased from -14.8% in 4QFY17 to 14.1% in 4QFY18.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 7.6% on a quarter-on-quarter (QoQ) basis. The expenses were up by 6.9% QoQ during the same period.
  • The company's operating profit increased by 23.7% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 4.9% in 4QFY18 as against 4.3% in 3QFY17.
  • Net profit for the quarter declined by 7.6% QoQ, while net profit margins increased from 16.3% in 3QFY17 to 14.1% in 4QFY18.

To see how HIND NAT. GLASS has performed over the last eight quarters, please visit here.

HIND NAT. GLASS Share Price Performance

Over the last one year, HIND NAT. GLASS share price has moved up from Rs 89.3 to Rs 80.5, registering a Loss of Rs -8.8 or around 9.9%.

Overall, the S&P BSE SENSEX is up 0.4% over the year.

Current Valuations

At the current price of Rs 80.5, the price to earnings (P/E) ratio of HIND NAT. GLASS stands at NM times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.0 times.

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HIND NAT. GLASS Announces Quarterly Results (2QFY19); Net Profit Down 11.6% (Quarterly Result Update)

Nov 27, 2018 | Updated on Nov 27, 2018

For the quarter ended September 2018, HIND NAT. GLASS has posted a net profit of Rs 788 m (down 11.6% YoY). Sales on the other hand came in at Rs 6 bn (up 34.9% YoY). Read on for a complete analysis of HIND NAT. GLASS's quarterly results.

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