HINDUSTAN ZINC Announces Quarterly Results (4QFY18); Net Profit Down 18.1%

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HINDUSTAN ZINC Announces Quarterly Results (4QFY18); Net Profit Down 18.1%
Fri, 20 Jul

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

HINDUSTAN ZINC Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-17*
3
Dec-17*
3
Mar-18*
QoQ ChangeYoY Change
Net SalesRs m67,56259,22062,7706.0%-7.1%
Other incomeRs m4,8112,9804,86063.1%1.0%
TurnoverRs m72,37362,20067,6308.7%-6.6%
ExpensesRs m30,08126,78026,570-0.8%-11.7%
Gross profitRs m37,48032,44035,69010.0%-4.8%
DepreciationRs m5,3214,8104,590-4.6%-13.7%
InterestRs m142170450164.7%217.3%
Profit before taxRs m36,82930,44035,51016.7%-3.6%
TaxRs m6,2598,14010,46028.5%67.1%
Profit after taxRs m30,57022,30025,05012.3%-18.1%
Gross profit margin%55.554.856.9
Effective tax rate%17.026.729.5
Net profit margin%42.235.937.0
* 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 7.1% on a year-on-year (YoY) basis. The expenses were down by 11.7% YoY during the same period.
  • The company's operating profit declined by 4.8% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 56.9% in 4QFY18 as against 55.5% in 4QFY17.
  • Depreciation charges and finance costs declined by 13.7% YoY and 217.3% YoY, respectively.
  • Other income increased by 1.0% YoY during the quarter.
  • Net profit for the quarter declined by 18.1% YoY. Net profit margins during the quarter declined from 42.2% in 4QFY17 to 37.0% in 4QFY18.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 6.0% on a quarter-on-quarter (QoQ) basis. The expenses were down by 0.8% QoQ during the same period.
  • The company's operating profit increased by 10.0% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 56.9% in 4QFY18 as against 54.8% in 3QFY17.
  • Net profit for the quarter increased by 12.3% QoQ, while net profit margins increased from 35.9% in 3QFY17 to 37.0% in 4QFY18.

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

HINDUSTAN ZINC Share Price Performance

Over the last one year, HINDUSTAN ZINC share price has moved up from Rs 281.1 to Rs 265.1, registering a Loss of Rs -16.0 or around 5.7%.

Overall, the S&P BSE SENSEX is up 0.5% over the year.

Current Valuations

At the current price of Rs 265.1, the price to earnings (P/E) ratio of HINDUSTAN ZINC stands at 12.2 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.6 times.

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HINDUSTAN ZINC Announces Quarterly Results (4QFY20); Net Profit Down 33.4% (Quarterly Result Update)

May 27, 2020 | Updated on May 27, 2020

For the quarter ended March 2020, HINDUSTAN ZINC has posted a net profit of Rs 13 bn (down 33.4% YoY). Sales on the other hand came in at Rs 44 bn (down 20.0% YoY). Read on for a complete analysis of HINDUSTAN ZINC's quarterly results.

HINDUSTAN ZINC Announces Quarterly Results (3QFY20); Net Profit Down 26.7% (Quarterly Result Update)

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For the quarter ended December 2019, HINDUSTAN ZINC has posted a net profit of Rs 16 bn (down 26.7% YoY). Sales on the other hand came in at Rs 47 bn (down 15.7% YoY). Read on for a complete analysis of HINDUSTAN ZINC's quarterly results.

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