HPCL Announces Quarterly Results (1QFY21); Net Profit Up 247.0%

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?  

HPCL Announces Quarterly Results (1QFY21); Net Profit Up 247.0%
Fri, 6 Nov

HPCL has announced its results for the quarter ended June 2020. Here is a detailed performance review of the same:

HPCL Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-19*
3
Mar-20*
3
Jun-20*
QoQ ChangeYoY Change
Net SalesRs m748,081715,546461,076-35.6%-38.4%
Other incomeRs m6,1654,2415,62632.7%-8.7%
TurnoverRs m754,246719,786466,701-35.2%-38.1%
ExpensesRs m731,642722,611417,539-42.2%-42.9%
Gross profitRs m16,439-17,09543,536164.8%
DepreciationRs m8,1518,1148,6616.7%6.3%
InterestRs m2,0633,3743,217-4.7%55.9%
Profit before taxRs m12,390-24,34337,284200.9%
TaxRs m4,281-24,6119,146113.6%
Profit after taxRs m8,11026828,13810399.4%247.0%
Gross profit margin%2.2-2.49.4
Effective tax rate%34.6101.124.5
Net profit margin%1.10.06.0
* 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 38.4% on a year-on-year (YoY) basis. The expenses were down by 42.9% YoY during the same period.
  • The company's operating profit increased by 164.8% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 9.4% in 1QFY21 as against 2.2% in 1QFY20.
  • Depreciation charges increased by 6.3% and finance costs increased by 55.9% YoY, respectively.
  • Other income declined by 8.7% YoY during the quarter.
  • Net profit for the quarter increased by 247.0% YoY. Net profit margins during the quarter increased from 1.1% in 1QFY20 to 6.0% in 1QFY21.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 35.6% on a quarter-on-quarter (QoQ) basis. The expenses were down by 42.2% QoQ during the same period.
  • The company's operating profit declined by 354.7% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 9.4% in 1QFY21 as against 2.4% in 4QFY20.
  • Net profit for the quarter increased by 10399.4% QoQ, while net profit margins increased from 0.0% in 4QFY20 to 6.0% in 1QFY21.

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

REVEALED: Details of 3 "Super Smallcap" Stocks Nobody Tells You About...

HPCL Share Price Performance

Over the last one year, HPCL share price has moved down from Rs 313.8 to Rs 206.0, registering a Loss of Rs 107.8 or around 34.4%.

Meanwhile, the S&P BSE OIL & GAS Index is trading at Rs 12,368.2 (up 0.9%). Over the last one year it has moved down from 15,531.6 to 12,368.2, a gain of 3,163 points (down 20.4%).

Overall, the S&P BSE SENSEX is up 3.6% over the year.

Current Valuations

At the current price of Rs 206.0, the price to earnings (P/E) ratio of HPCL stands at 5.2 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.0 times.

Equitymaster requests your view! Post a comment on "HPCL Announces Quarterly Results (1QFY21); Net Profit Up 247.0%". Click here!

  

Related Views on News

HPCL 2019-20 Annual Report Analysis (Annual Result Update)

Nov 23, 2020 | Updated on Nov 23, 2020

Here's an analysis of the annual report of HPCL for 2019-20. It includes a full income statement, balance sheet and cash flow analysis of HPCL. Also includes updates on the valuation of HPCL.

HPCL Announces Quarterly Results (3QFY20); Net Profit Up 201.8% (Quarterly Result Update)

Feb 7, 2020 | Updated on Feb 7, 2020

For the quarter ended December 2019, HPCL has posted a net profit of Rs 7 bn (up 201.8% YoY). Sales on the other hand came in at Rs 746 bn (down 3.4% YoY). Read on for a complete analysis of HPCL's quarterly results.

HPCL Announces Quarterly Results (2QFY20); Net Profit Down 3.6% (Quarterly Result Update)

Nov 12, 2019 | Updated on Nov 12, 2019

For the quarter ended September 2019, HPCL has posted a net profit of Rs 11 bn (down 3.6% YoY). Sales on the other hand came in at Rs 665 bn (down 9.4% YoY). Read on for a complete analysis of HPCL's quarterly results.

More Views on News

Most Popular

Sansera Engineering IPO: Key Points to Consider(Views On News)

Sep 8, 2021

This IPO is a pure OFS and the company is looking to raise Rs 12.8 bn at the upper price band of Rs 744.

5 Stocks that Turned Rs 1 Lakh into Rs 1 Crore(Views On News)

Sep 7, 2021

Patience is one of the biggest virtues you need to have if you want to become a crorepati in the stock market.

The Top Stocks to Sell in this Bull Market(Profit Hunter)

Sep 8, 2021

When I saw the list of so-called 'value stocks' published by a leading brokerage, my worst fears came true.

5 Indian Companies that are Leading the AI Race(Views On News)

Sep 9, 2021

During the pandemic, India reported the highest increase in the use of AI at 45% compared to other major economies. AI has potential to add US$90 bn to the Indian economy by 2025.

Revenge Travel is Here. 9 Stocks Likely to Benefit(Views On News)

Sep 4, 2021

The term 'revenge travel' refers to the desire of going on a vacation after an extended period of lockdown.

More

Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2021
Get our special report Multibagger Stocks Guide (2021 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

HPCL SHARE PRICE


Sep 17, 2021 11:32 AM

TRACK HPCL

COMPARE HPCL WITH

MARKET STATS