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 (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.

HPCL Announces Quarterly Results (1QFY20); Net Profit Down 52.8% (Quarterly Result Update)

Aug 13, 2019 | Updated on Aug 13, 2019

For the quarter ended June 2019, HPCL has posted a net profit of Rs 8 bn (down 52.8% YoY). Sales on the other hand came in at Rs 748 bn (up 2.6% YoY). Read on for a complete analysis of HPCL's quarterly results.

HPCL 2018-19 Annual Report Analysis (Annual Result Update)

Jul 30, 2019 | Updated on Jul 30, 2019

Here's an analysis of the annual report of HPCL for 2018-19. 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.

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.

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.

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.

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

HPCL SHARE PRICE


Jan 24, 2020 (Close)

TRACK HPCL

HPCL - RELIANCE IND. COMPARISON

COMPARE HPCL WITH

MARKET STATS