X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
HPCL Announces Quarterly Results (2QFY19); Net Profit Down 37.1%

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 (2QFY19); Net Profit Down 37.1%
Mon, 5 Nov

HPCL has announced its results for the quarter ended September 2018. Here is a detailed performance review of the same:

HPCL Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m543,358729,226733,7610.6%35.0%
Other incomeRs m5,1946,0297,13418.3%37.4%
TurnoverRs m548,552735,255740,8950.8%35.1%
ExpensesRs m514,302700,293712,5411.7%38.5%
Gross profitRs m29,05628,93318,220-37.0%-37.3%
DepreciationRs m6,8047,0647,3854.5%8.5%
InterestRs m1,5631,9092,0075.1%28.4%
Profit before taxRs m25,88225,99015,962-38.6%-38.3%
TaxRs m8,5358,7985,042-42.7%-40.9%
Profit after taxRs m17,34717,19210,920-36.5%-37.1%
Gross profit margin%5.34.02.5
Effective tax rate%33.033.931.6
Net profit margin%3.22.31.5
* 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 35.0% on a year-on-year (YoY) basis. The expenses were up by 38.5% YoY during the same period.
  • The company's operating profit declined by 37.3% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 2.5% in 2QFY19 as against 5.3% in 2QFY18.
  • Depreciation charges increased by 8.5% and finance costs increased by 28.4% YoY, respectively.
  • Other income increased by 37.4% YoY during the quarter.
  • Net profit for the quarter declined by 37.1% YoY. Net profit margins during the quarter declined from 3.2% in 2QFY18 to 1.5% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 0.6% on a quarter-on-quarter (QoQ) basis. The expenses were up by 1.7% QoQ during the same period.
  • The company's operating profit declined by 37.0% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 2.5% in 2QFY19 as against 4.0% in 1QFY18.
  • Net profit for the quarter declined by 36.5% QoQ, while net profit margins declined from 2.3% in 1QFY18 to 1.5% in 2QFY19.

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

HPCL Share Price Performance

Over the last one year, HPCL share price has moved up from Rs 445.2 to Rs 233.3, registering a Loss of Rs 211.9 or around 47.6%.

Meanwhile, the S&P BSE OIL & GAS Index is trading at Rs 13,486.9 (down 1.3%). Over the last one year it has moved down from 16,524.1 to 13,486.9, a gain of 3,037 points (down 18.4%).

Overall, the S&P BSE SENSEX is up 4.2% over the year.

Current Valuations

At the current price of Rs 233.3, the price to earnings (P/E) ratio of HPCL stands at 5.5 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.4 times.

Equitymaster requests your view! Post a comment on "HPCL Announces Quarterly Results (2QFY19); Net Profit Down 37.1%". Click here!

  

Related Views on News

HPCL Announces Quarterly Results (3QFY19); Net Profit Down 87.3% (Quarterly Result Update)

Feb 13, 2019 | Updated on Feb 13, 2019

For the quarter ended December 2018, HPCL has posted a net profit of Rs 2 bn (down 87.3% YoY). Sales on the other hand came in at Rs 772 bn (up 22.8% YoY). Read on for a complete analysis of HPCL's quarterly results.

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

Jan 1, 2019 | Updated on Jan 1, 2019

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

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

Aug 14, 2018 | Updated on Aug 14, 2018

Here's an analysis of the annual report of HPCL for 2017-18. 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 (1QFY19); Net Profit Up 85.9% (Quarterly Result Update)

Aug 10, 2018 | Updated on Aug 10, 2018

For the quarter ended June 2018, HPCL has posted a net profit of Rs 17 bn (up 85.9% YoY). Sales on the other hand came in at Rs 729 bn (up 21.8% YoY). Read on for a complete analysis of HPCL's quarterly results.

More Views on News

Most Popular

Are You Ready for the Big Nifty Move in the March Expiry?(Profit Hunter)

Mar 8, 2019

History suggests the Nifty could make a big move in March. Are you prepared to benefit from this opportunity?

5 Fundamentally Strong Stocks to Pick for Trading Today(Profit Hunter)

Mar 15, 2019

5 fundamentally strong stocks one could buy to trade in this market right now. Make sure you grab the chance this strongly rallying market offers.

Elections Don't Matter!(The Honest Truth)

Mar 13, 2019

Ajit Dayal shows us why from the point of view of the Indian economy, elections don't matter.

Two Growth Stocks that Doubled in a Little Over 12 Months!(The 5 Minute Wrapup)

Mar 13, 2019

The elements that fueled profit growth for these two companies led to a surge in their stock prices.

This is Why You Need to Buy Small Cap Stocks Now(The 5 Minute Wrapup)

Mar 15, 2019

Did you just miss the smallcap rally? Or is there still time to catch up? Read on for answers and more...

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

HPCL SHARE PRICE


Mar 20, 2019 (Close)

TRACK HPCL

HPCL - BPCL COMPARISON

COMPARE HPCL WITH

MARKET STATS