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

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INDIA CEMENTS Announces Quarterly Results (4QFY19); Net Profit Up 24.3%
Mon, 27 May

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

INDIA CEMENTS Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m13,97813,16315,64018.8%11.9%
Other incomeRs m3943174307.3%343.6%
TurnoverRs m14,01713,20615,81419.7%12.8%
ExpensesRs m12,39311,81513,71816.1%10.7%
Gross profitRs m1,5851,3491,92242.5%21.2%
DepreciationRs m6646326482.5%-2.4%
InterestRs m71872882713.5%15.1%
Profit before taxRs m242316221886.3%156.5%
TaxRs m-11001830.0%
Profit after taxRs m353314391301.0%24.3%
Gross profit margin%11.310.212.3
Effective tax rate%-45.50.029.5
Net profit margin%2.50.22.8
* 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 11.9% on a year-on-year (YoY) basis. The expenses were up by 10.7% YoY during the same period.
  • The company's operating profit increased by 21.2% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 12.3% in 4QFY19 as against 11.3% in 4QFY18.
  • Depreciation charges declined by 2.4% and finance costs increased by 15.1% YoY, respectively.
  • Other income increased by 343.6% YoY during the quarter.
  • Net profit for the quarter increased by 24.3% YoY. Net profit margins during the quarter increased from 2.5% in 4QFY18 to 2.8% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 18.8% on a quarter-on-quarter (QoQ) basis. The expenses were up by 16.1% QoQ during the same period.
  • The company's operating profit increased by 42.5% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 12.3% in 4QFY19 as against 10.2% in 3QFY18.
  • Net profit for the quarter increased by 1301.0% QoQ, while net profit margins increased from 0.2% in 3QFY18 to 2.8% in 4QFY19.

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 up from Rs 130.2 to Rs 112.6, registering a Loss of Rs 17.6 or around 13.5%.

Overall, the S&P BSE SENSEX is up 14.2% over the year.

Current Valuations

At the current price of Rs 112.6, the price to earnings (P/E) ratio of INDIA CEMENTS stands at 49.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.7 times.

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

Aug 8, 2019 | Updated on Aug 8, 2019

For the quarter ended June 2019, INDIA CEMENTS has posted a net profit of Rs 722 m (up 243.4% YoY). Sales on the other hand came in at Rs 15 bn (up 7.9% 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.

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