INDIA CEMENTS Announces Quarterly Results (1QFY20); Net Profit Up 243.4%

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?  

INDIA CEMENTS Announces Quarterly Results (1QFY20); Net Profit Up 243.4%
Thu, 8 Aug

INDIA CEMENTS has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

INDIA CEMENTS Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m13,60715,64014,688-6.1%7.9%
Other incomeRs m5517432-81.6%-42.0%
TurnoverRs m13,66215,81414,720-6.9%7.7%
ExpensesRs m12,04613,71812,269-10.6%1.9%
Gross profitRs m1,5611,9222,42025.9%55.0%
DepreciationRs m616648599-7.6%-2.8%
InterestRs m733827799-3.3%9.0%
Profit before taxRs m2676221,05469.5%294.7%
TaxRs m5718333180.9%485.5%
Profit after taxRs m21043972264.7%243.4%
Gross profit margin%11.512.316.5
Effective tax rate%21.229.531.5
Net profit margin%1.52.84.9
* 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 7.9% on a year-on-year (YoY) basis. The expenses were up by 1.9% YoY during the same period.
  • The company's operating profit increased by 55.0% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 16.5% in 1QFY20 as against 11.5% in 1QFY19.
  • Depreciation charges declined by 2.8% and finance costs increased by 9.0% YoY, respectively.
  • Other income declined by 42.0% YoY during the quarter.
  • Net profit for the quarter increased by 243.4% YoY. Net profit margins during the quarter increased from 1.5% in 1QFY19 to 4.9% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 6.1% on a quarter-on-quarter (QoQ) basis. The expenses were down by 10.6% QoQ during the same period.
  • The company's operating profit increased by 25.9% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 16.5% in 1QFY20 as against 12.3% in 4QFY19.
  • Net profit for the quarter increased by 64.7% QoQ, while net profit margins increased from 2.8% in 4QFY19 to 4.9% in 1QFY20.

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

INDIA CEMENTS Share Price Performance

Over the last one year,INDIA CEMENTS share price has moved down from Rs 117.0 to Rs 86.9, registering a Loss of Rs 30.1 or around 25.7%.

Overall, the S&P BSE SENSEX is down 2.5% over the year.

Current Valuations

At the current price of Rs 86.9, the price to earnings (P/E) ratio of INDIA CEMENTS stands at 22.1 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.5 times.

Equitymaster requests your view! Post a comment on "INDIA CEMENTS Announces Quarterly Results (1QFY20); Net Profit Up 243.4%". Click here!

  

Related Views on News

INDIA CEMENTS Announces Quarterly Results (4QFY19); Net Profit Up 24.3% (Quarterly Result Update)

May 27, 2019 | Updated on May 27, 2019

For the quarter ended March 2019, INDIA CEMENTS has posted a net profit of Rs 438 m (up 24.3% YoY). Sales on the other hand came in at Rs 16 bn (up 11.9% YoY). Read on for a complete analysis of INDIA CEMENTS's quarterly results.

INDIA CEMENTS Announces Quarterly Results (3QFY19); Net Profit Down 79.5% (Quarterly Result Update)

Feb 15, 2019 | Updated on Feb 15, 2019

For the quarter ended December 2018, INDIA CEMENTS has posted a net profit of Rs 31 m (down 79.5% YoY). Sales on the other hand came in at Rs 13 bn (up 8.5% YoY). Read on for a complete analysis of INDIA CEMENTS's quarterly results.

INDIA CEMENTS 2017-18 Annual Report Analysis (Annual Result Update)

Dec 19, 2018 | Updated on Dec 19, 2018

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

More Views on News

Most Popular

These 5 Smallcaps Deserve a Place in Your Coffee Can Portfolio(Profit Hunter)

Jul 28, 2020

When it comes to quality stocks, doing less is more.

Before You Buy Your First Electric Vehicle Consider Buying this Stock(Profit Hunter)

Jul 29, 2020

As competition intensifies in the electric vehicle space, only few will create huge wealth over the years.

How to Buy Gold and Silver(Fast Profits Daily)

Jul 27, 2020

In this video I'll show you how to buy bullion the right way.

Elon Musk Gives Us a Trading Opportunity(Fast Profits Daily)

Jul 28, 2020

Elon Musk made a statement recently which I believe, gives us a fast profit trading opportunity.

More

Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

INDIA CEMENTS SHARE PRICE


Aug 7, 2020 03:37 PM

TRACK INDIA CEMENTS

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

INDIA CEMENTS 5-YR ANALYSIS

COMPARE INDIA CEMENTS WITH

MARKET STATS