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- INDIA GLYCOLS Announces Quarterly Results (1QFY20); Net Profit Down 8.1%
INDIA GLYCOLS Announces Quarterly Results (1QFY20); Net Profit Down 8.1%
Mon, 19 Aug
INDIA GLYCOLS has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:
INDIA GLYCOLS Quarterly Financials
| No. of Mths Qtr. Ending | 3 Jun-18* | 3 Mar-19* | 3 Jun-19* | QoQ Change | YoY Change | |
|---|---|---|---|---|---|---|
| Net Sales | Rs m | 11,228 | 13,955 | 14,126 | 1.2% | 25.8% |
| Other income | Rs m | 20 | 97 | 42 | -56.5% | 117.4% |
| Turnover | Rs m | 11,248 | 14,052 | 14,168 | 0.8% | 26.0% |
| Expenses | Rs m | 10,108 | 13,084 | 13,019 | -0.5% | 28.8% |
| Gross profit | Rs m | 1,120 | 871 | 1,106 | 27.0% | -1.2% |
| Depreciation | Rs m | 178 | 185 | 179 | -3.1% | 0.6% |
| Interest | Rs m | 315 | 348 | 380 | 9.1% | 20.6% |
| Profit before tax | Rs m | 647 | 436 | 590 | 35.3% | -8.7% |
| Tax | Rs m | 225 | 163 | 203 | 24.5% | -9.9% |
| Profit after tax | Rs m | 422 | 274 | 388 | 41.7% | -8.1% |
| Gross profit margin | % | 10.0 | 6.2 | 7.8 | ||
| Effective tax rate | % | 34.7 | 37.3 | 34.3 | ||
| Net profit margin | % | 3.8 | 1.9 | 2.7 |
Interim results exclude extraordinary / exceptional items
Year-on-Year Performance:
- The company's operating income during the quarter grew 25.8% on a year-on-year (YoY) basis. The expenses were up by 28.8% YoY during the same period.
- The company's operating profit declined by 1.2% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 7.8% in 1QFY20 as against 10.0% in 1QFY19.
- Depreciation charges increased by 0.6% and finance costs increased by 20.6% YoY, respectively.
- Other income increased by 117.4% YoY during the quarter.
- Net profit for the quarter declined by 8.1% YoY. Net profit margins during the quarter declined from 3.8% in 1QFY19 to 2.7% in 1QFY20.
Quarter-on-Quarter Performance:
- The company's operating income during the quarter grew 1.2% on a quarter-on-quarter (QoQ) basis. The expenses were down by 0.5% QoQ during the same period.
- The company's operating profit increased by 27.0% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 7.8% in 1QFY20 as against 6.2% in 4QFY19.
- Net profit for the quarter increased by 41.7% QoQ, while net profit margins increased from 1.9% in 4QFY19 to 2.7% in 1QFY20.
To see how INDIA GLYCOLS has performed over the last eight quarters,please visit here.
INDIA GLYCOLS Share Price Performance
Over the last one year,INDIA GLYCOLS share price has moved down from Rs 452.7 to Rs 208.0, registering a Loss of Rs 244.7 or around 54.0%.
Overall, the S&P BSE SENSEX is down 0.0% over the year.
Current Valuations
At the current price of Rs 208.0, the price to earnings (P/E) ratio of INDIA GLYCOLS stands at 4.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.8 times.
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INDIA GLYCOLS 2018-19 Annual Report Analysis (Annual Result Update)
Sep 24, 2019 | Updated on Sep 24, 2019Here's an analysis of the annual report of INDIA GLYCOLS for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of INDIA GLYCOLS. Also includes updates on the valuation of INDIA GLYCOLS.
INDIA GLYCOLS Announces Quarterly Results (4QFY19); Net Profit Down 32.9% (Quarterly Result Update)
May 27, 2019 | Updated on May 27, 2019For the quarter ended March 2019, INDIA GLYCOLS has posted a net profit of Rs 274 m (down 32.9% YoY). Sales on the other hand came in at Rs 14 bn (up 36.2% YoY). Read on for a complete analysis of INDIA GLYCOLS's quarterly results.
INDIA GLYCOLS Announces Quarterly Results (3QFY19); Net Profit Up 1.9% (Quarterly Result Update)
Feb 20, 2019 | Updated on Feb 20, 2019For the quarter ended December 2018, INDIA GLYCOLS has posted a net profit of Rs 350 m (up 1.9% YoY). Sales on the other hand came in at Rs 12 bn (up 25.9% YoY). Read on for a complete analysis of INDIA GLYCOLS's quarterly results.
INDIA GLYCOLS 2017-18 Annual Report Analysis (Annual Result Update)
Sep 24, 2018 | Updated on Sep 24, 2018Here's an analysis of the annual report of INDIA GLYCOLS for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of INDIA GLYCOLS. Also includes updates on the valuation of INDIA GLYCOLS.
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