INDO RAMA SYN. Announces Quarterly Results (1QFY20); Net Profit Down 2.9%

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INDO RAMA SYN. Announces Quarterly Results (1QFY20); Net Profit Down 2.9%
Thu, 8 Aug

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

INDO RAMA SYN. Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m3,5554,3645,33322.2%50.0%
Other incomeRs m1110119.6%5.6%
TurnoverRs m3,5664,3745,34522.2%49.9%
ExpensesRs m3,5735,2305,2660.7%47.4%
Gross profitRs m-18-2,01867
DepreciationRs m2111992157.8%1.8%
InterestRs m245405323-20.1%31.8%
Profit before taxRs m-463-2,611-459
TaxRs m-171-917-159
Profit after taxRs m-292-1,693-300
Gross profit margin%-0.5-46.21.3
Effective tax rate%36.935.134.6
Net profit margin%-8.2-38.7-5.6
* 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 50.0% on a year-on-year (YoY) basis. The expenses were up by 47.4% YoY during the same period.
  • The company's operating profit declined by 475.4% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 1.3% in 1QFY20 as against 0.5% in 1QFY19.
  • Depreciation charges increased by 1.8% and finance costs increased by 31.8% YoY, respectively.
  • Other income increased by 5.6% YoY during the quarter.
  • Net profit for the quarter declined by 2.9% YoY. Net profit margins during the quarter increased from -8.2% in 1QFY19 to -5.6% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 22.2% on a quarter-on-quarter (QoQ) basis. The expenses were up by 0.7% QoQ during the same period.
  • The company's operating profit increased by 103.3% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 1.3% in 1QFY20 as against 46.2% in 4QFY19.
  • Net profit for the quarter increased by 82.3% QoQ, while net profit margins increased from -38.7% in 4QFY19 to -5.6% in 1QFY20.

To see how INDO RAMA SYN. has performed over the last eight quarters,please visit here.

INDO RAMA SYN. Share Price Performance

Over the last one year,INDO RAMA SYN. share price has moved up from Rs 27.7 to Rs 30.5, registering a Gain of Rs 2.8 or around 10.1%.

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

Current Valuations

At the current price of Rs 30.5, the price to book value (P/BV) ratio of INDO RAMA SYN. stands at 1.1 times.

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INDO RAMA SYN. Announces Quarterly Results (4QFY19); Net Profit Down 459.0% (Quarterly Result Update)

May 17, 2019 | Updated on May 17, 2019

For the quarter ended March 2019, INDO RAMA SYN. has posted a net profit of Rs 2 bn (down 459.0% YoY). Sales on the other hand came in at Rs 4 bn (down 16.1% YoY). Read on for a complete analysis of INDO RAMA SYN.'s quarterly results.

INDO RAMA SYN. Announces Quarterly Results (3QFY19); Net Profit Down 107.8% (Quarterly Result Update)

Feb 25, 2019 | Updated on Feb 25, 2019

For the quarter ended December 2018, INDO RAMA SYN. has posted a net profit of Rs 399 m (down 107.8% YoY). Sales on the other hand came in at Rs 5 bn (down 3.1% YoY). Read on for a complete analysis of INDO RAMA SYN.'s quarterly results.

INDO RAMA SYN. 2017-18 Annual Report Analysis (Annual Result Update)

Dec 18, 2018 | Updated on Dec 18, 2018

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

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