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

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?  

HINDUSTAN ZINC Announces Quarterly Results (4QFY20); Net Profit Down 33.4%
Wed, 27 May

HINDUSTAN ZINC has announced its results for the quarter ended March 2020. Here is a detailed performance review of the same:

HINDUSTAN ZINC Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-19*
3
Dec-19*
3
Mar-20*
QoQ ChangeYoY Change
Net SalesRs m54,91046,72043,910-6.0%-20.0%
Other incomeRs m5,3904,4504,7005.6%-12.8%
TurnoverRs m60,30051,17048,610-5.0%-19.4%
ExpensesRs m27,02023,83024,2701.8%-10.2%
Gross profitRs m27,89022,89019,640-14.2%-29.6%
DepreciationRs m5,5305,9705,530-7.4%0.0%
InterestRs m510420160-61.9%-68.6%
Profit before taxRs m27,24020,95018,650-11.0%-31.5%
TaxRs m7,1204,7505,26010.7%-26.1%
Profit after taxRs m20,12016,20013,390-17.3%-33.4%
Gross profit margin%50.849.044.7
Effective tax rate%26.122.728.2
Net profit margin%33.431.727.5
* 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 fell 20.0% on a year-on-year (YoY) basis. The expenses were down by 10.2% YoY during the same period.
  • The company's operating profit declined by 29.6% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 44.7% in 4QFY20 as against 50.8% in 4QFY19.
  • Depreciation charges increased by 0.0% and finance costs declined by 68.6% YoY, respectively.
  • Other income declined by 12.8% YoY during the quarter.
  • Net profit for the quarter declined by 33.4% YoY. Net profit margins during the quarter declined from 33.4% in 4QFY19 to 27.5% in 4QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 6.0% on a quarter-on-quarter (QoQ) basis. The expenses were up by 1.8% QoQ during the same period.
  • The company's operating profit declined by 14.2% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 44.7% in 4QFY20 as against 49.0% in 3QFY19.
  • Net profit for the quarter declined by 17.3% QoQ, while net profit margins declined from 31.7% in 3QFY19 to 27.5% in 4QFY20.

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

Going LIVE Today at 5pm: Our Special Event on India's Revival

HINDUSTAN ZINC Share Price Performance

Over the last one year,HINDUSTAN ZINC share price has moved down from Rs 254.8 to Rs 165.5, registering a Loss of Rs 89.3 or around 35.0%.

Overall, the S&P BSE SENSEX is down 22.2% over the year.

Current Valuations

At the current price of Rs 165.5, the price to earnings (P/E) ratio of HINDUSTAN ZINC stands at 10.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.1 times.

Equitymaster requests your view! Post a comment on "HINDUSTAN ZINC Announces Quarterly Results (4QFY20); Net Profit Down 33.4%". Click here!

  

Related Views on News

HINDUSTAN ZINC Announces Quarterly Results (3QFY21); Net Profit Up 35.8% (Quarterly Result Update)

Jan 21, 2021 | Updated on Jan 21, 2021

For the quarter ended December 2020, HINDUSTAN ZINC has posted a net profit of Rs 22 bn (up 35.8% YoY). Sales on the other hand came in at Rs 60 bn (up 29.1% YoY). Read on for a complete analysis of HINDUSTAN ZINC's quarterly results.

HINDUSTAN ZINC Announces Quarterly Results (2QFY21); Net Profit Down 6.8% (Quarterly Result Update)

Oct 22, 2020 | Updated on Oct 22, 2020

For the quarter ended September 2020, HINDUSTAN ZINC has posted a net profit of Rs 19 bn (down 6.8% YoY). Sales on the other hand came in at Rs 57 bn (up 25.5% YoY). Read on for a complete analysis of HINDUSTAN ZINC's quarterly results.

More Views on News

Most Popular

India: Recovery Stalled by Vaccine Games?(The Honest Truth)

Apr 13, 2021

Ajit Dayal on how India's vaccine strategy will impact the markets.

4 Stocks to Make Your Portfolio Immune to the Second Covid Wave(Profit Hunter)

Apr 6, 2021

Rather than predicting the market, successful investing is more about preparing well and placing your bets accordingly.

An India Revival Stock I'm Bullish On...(Profit Hunter)

Apr 9, 2021

This could take India to the position of 3rd largest economy.

Why Did the Market Crash on Monday?(Fast Profits Daily)

Apr 13, 2021

In this video, I'll you what I think is the real reason behind yesterday's market crash.

Why the Market Fell Yesterday(Fast Profits Daily)

Apr 6, 2021

In this video, I'll tell you the two reasons why the market fell on Monday and how you can prepare yourself for such events in the future.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

HINDUSTAN ZINC SHARE PRICE


Apr 13, 2021 (Close)

TRACK HINDUSTAN ZINC

  • Track your investment in HINDUSTAN ZINC with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

MORE ON HINDUSTAN ZINC

HINDUSTAN ZINC - VEDANTA COMPARISON

COMPARE HINDUSTAN ZINC WITH

MARKET STATS