X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
INDO RAMA SYN. Announces Quarterly Results (3QFY19); Net Profit Down 107.8%

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?  

INDO RAMA SYN. Announces Quarterly Results (3QFY19); Net Profit Down 107.8%
Mon, 25 Feb

INDO RAMA SYN. has announced its results for the quarter ended December 2018. Here is a detailed performance review of the same:

INDO RAMA SYN. Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m5,2433,9445,08228.9%-3.1%
Other incomeRs m8121631.4%89.0%
TurnoverRs m5,2513,9565,09828.9%-2.9%
ExpensesRs m5,1083,8895,22334.3%2.3%
Gross profitRs m13555-141-356.6%-204.2%
DepreciationRs m206216205-5.1%-0.5%
InterestRs m2313243404.8%46.8%
Profit before taxRs m-294-473-670
TaxRs m-102-147-271
Profit after taxRs m-192-326-399
Gross profit margin%2.61.4-2.8
Effective tax rate%34.631.140.4
Net profit margin%-3.7-8.2-7.8
* 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 fell 3.1% on a year-on-year (YoY) basis. The expenses were up by 2.3% YoY during the same period.
  • The company's operating profit declined by 204.2% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 2.8% in 3QFY19 as against 2.6% in 3QFY18.
  • Depreciation charges declined by 0.5% and finance costs increased by 46.8% YoY, respectively.
  • Other income increased by 89.0% YoY during the quarter.
  • Net profit for the quarter declined by 107.8% YoY. Net profit margins during the quarter declined from -3.7% in 3QFY18 to -7.8% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 28.9% on a quarter-on-quarter (QoQ) basis. The expenses were up by 34.3% QoQ during the same period.
  • The company's operating profit declined by 356.6% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 2.8% in 3QFY19 as against 1.4% in 2QFY18.
  • Net profit for the quarter declined by 22.3% QoQ, while net profit margins increased from -8.2% in 2QFY18 to -7.8% in 3QFY19.

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 35.3 to Rs 34.4, registering a Loss of Rs 0.9 or around 2.6%.

Overall, the S&P BSE SENSEX is up 6.3% over the year.

Current Valuations

At the current price of Rs 34.4, the price to book value (P/BV) ratio of INDO RAMA SYN. stands at 1.2 times.

Equitymaster requests your view! Post a comment on "INDO RAMA SYN. Announces Quarterly Results (3QFY19); Net Profit Down 107.8%". Click here!

  

Related Views on News

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..

INDO RAMA SYN. Announces Quarterly Results (2QFY19); Net Profit Down 85.1% (Quarterly Result Update)

Nov 14, 2018 | Updated on Nov 14, 2018

For the quarter ended September 2018, INDO RAMA SYN. has posted a net profit of Rs 326 m (down 85.1% YoY). Sales on the other hand came in at Rs 4 bn (down 36.2% YoY). Read on for a complete analysis of INDO RAMA SYN.'s quarterly results.

INDO RAMA SYN. Announces Quarterly Results (1QFY19); Net Profit Down 87.5% (Quarterly Result Update)

Aug 20, 2018 | Updated on Aug 20, 2018

For the quarter ended June 2018, INDO RAMA SYN. has posted a net profit of Rs 292 m (down 87.5% YoY). Sales on the other hand came in at Rs 4 bn (down 45.4% YoY). Read on for a complete analysis of INDO RAMA SYN.'s quarterly results.

More Views on News

Most Popular

3 Indian Stocks with Amazon-Like Potential(Profit Hunter)

Apr 10, 2019

We have identified 3 stocks with huge wealth building potential which meet our 'Click of a Button' criteria.

This Company is Making a Big Comeback and You Can Now Profit from Its Example(The 5 Minute Wrapup)

Apr 10, 2019

How Dell got its mojo back.

This is Why the Stock of Jubilant FoodWorks Went Up 1,160%(The 5 Minute Wrapup)

Apr 12, 2019

This critical business strategy has enabled companies to scale their operations faster.

Pocketing Massive Gains with HDFC And HDFC Bank(Profit Hunter)

Apr 12, 2019

Here's how one could have generated gains of Rs 59,250 in 10 days by trading HDFC and HDFC Bank with a capital of Rs 4 lakh.

A Simple 3-Point Investing Manifesto for You the Indian Investor(The 5 Minute Wrapup)

Apr 11, 2019

A must have checklist for every investor in the Indian stock market.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

INDO RAMA SYN. SHARE PRICE


Apr 22, 2019 (Close)

TRACK INDO RAMA SYN.

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

MORE ON INDO RAMA SYN.

INDO RAMA SYN. - BOMBAY DYEING COMPARISON

COMPARE INDO RAMA SYN. WITH

MARKET STATS