X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2018 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.
AGRO TECH FOODS Announces Quarterly Results (1QFY19); Net Profit Up 0.2%

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?  

AGRO TECH FOODS Announces Quarterly Results (1QFY19); Net Profit Up 0.2%
Mon, 30 Jul

AGRO TECH FOODS has announced its results for the quarter ended June 2018. Here is a detailed performance review of the same:

AGRO TECH FOODS Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-17*
3
Mar-18*
3
Jun-18*
QoQ ChangeYoY Change
Net SalesRs m1,8782,1441,971-8.1%4.9%
Other incomeRs m05627.1%2950.0%
TurnoverRs m1,8782,1491,977-8.0%5.2%
ExpensesRs m1,7321,9881,829-8.0%5.6%
Gross profitRs m146157141-9.9%-3.2%
DepreciationRs m4344453.0%3.9%
InterestRs m2000.0%-90.0%
Profit before taxRs m101118102-13.1%1.3%
TaxRs m364337-12.6%3.3%
Profit after taxRs m657565-13.4%0.2%
Gross profit margin%7.87.37.2
Effective tax rate%35.736.236.4
Net profit margin%3.53.53.3
* 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 4.9% on a year-on-year (YoY) basis. The expenses were up by 5.6% YoY during the same period.
  • The company's operating profit declined by 3.2% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 7.2% in 1QFY19 as against 7.8% in 1QFY18.
  • Depreciation charges and finance costs increased by 3.9% YoY and 90.0% YoY, respectively.
  • Other income increased by 2950.0% YoY during the quarter.
  • Net profit for the quarter increased by 0.2% YoY. Net profit margins during the quarter declined from 3.5% in 1QFY18 to 3.3% in 1QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 8.1% on a quarter-on-quarter (QoQ) basis. The expenses were down by 8.0% QoQ during the same period.
  • The company's operating profit declined by 9.9% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 7.2% in 1QFY19 as against 7.3% in 4QFY18.
  • Net profit for the quarter declined by 13.4% QoQ, while net profit margins declined from 3.5% in 4QFY18 to 3.3% in 1QFY19.

To see how AGRO TECH FOODS has performed over the last eight quarters, please visit here.

AGRO TECH FOODS Share Price Performance

Over the last one year, AGRO TECH FOODS share price has moved up from Rs 522.8 to Rs 635.0, registering a Gain of Rs 112.3 or around 21.5%.

Overall, the S&P BSE SENSEX is up 0.4% over the year.

Current Valuations

At the current price of Rs 635.0, the price to earnings (P/E) ratio of AGRO TECH FOODS stands at 48.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 4.6 times.

Equitymaster requests your view! Post a comment on "AGRO TECH FOODS Announces Quarterly Results (1QFY19); Net Profit Up 0.2%". Click here!

  

Related Views on News

AGRO TECH FOODS Announces Quarterly Results (2QFY19); Net Profit Up 5.6% (Quarterly Result Update)

Nov 9, 2018 | Updated on Nov 9, 2018

For the quarter ended September 2018, AGRO TECH FOODS has posted a net profit of Rs 91 m (up 5.6% YoY). Sales on the other hand came in at Rs 2 bn (up 7.0% YoY). Read on for a complete analysis of AGRO TECH FOODS's quarterly results.

AGRO TECH FOODS Announces Quarterly Results (4QFY18); Net Profit Up 3.0% (Quarterly Result Update)

Jul 19, 2018 | Updated on Jul 19, 2018

For the quarter ended March 2018, AGRO TECH FOODS has posted a net profit of Rs 75 m (up 3.0% YoY). Sales on the other hand came in at Rs 2 bn (up 4.1% YoY). Read on for a complete analysis of AGRO TECH FOODS's quarterly results.

Prataap Snacks Ltd. (IPO)

Sep 21, 2017

Is the Prataap Snacks IPO worth your attention?

Apex frozen food Ltd. (IPO)

Aug 21, 2017

Should you subscribe to the IPO of Apex Frozen Foods Ltd?

More Views on News

Most Popular

It's Almost the Perfect Time to Buy This Safe Stock(The 5 Minute Wrapup)

Dec 6, 2018

My latest StockSelect recommendation ticks all the boxes of a great safe stock.

Patel's Exit, Election Results, and 4 'Must Have' Small Caps in These Exceptional Times(Profit Hunter)

Dec 11, 2018

RBI Governor's resignation is a statement of dissent with the way government is handling the economy's affairs and could lead to some serious market correction. Here's how to make the most of it.

Players in an Oligopoly Should Have Financials Like This(Chart Of The Day)

Dec 7, 2018

This stock has corrected 30% from peak and looks attractive at these valuations.

Looking For Higher Interest Rates on Bank FDs? Read This!(Outside View)

Dec 5, 2018

Credit disbursement to the productive sectors of the economy such as infrastructure, engineering, food processing, textiles, and chemicals, among others is rising.

DSP Mutual Fund's Sale of DHFL Bonds: Here's What You Need to Know(Outside View)

Dec 5, 2018

PersonalFN explains the probable reason as to why the capital market regulator has initiated DSP Mutual Fund's bond sale that caused DHFL stock to crash.

More

Small Investments
BIG Returns

Zero To Millions Guide 2019
Get our special report, Zero To Millions
(2019 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

AGRO TECH FOODS SHARE PRICE


Dec 17, 2018 01:53 PM

TRACK AGRO TECH FOODS

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

MORE ON AGRO TECH FOODS

AGRO TECH FOODS - BRITANNIA COMPARISON

COMPARE AGRO TECH FOODS WITH

MARKET STATS