AGRO TECH FOODS Announces Quarterly Results (1QFY20); Net Profit Up 7.8%

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?  

Markets will remain closed on 21st October 2019, due to Assembly Elections in Maharashtra.

AGRO TECH FOODS Announces Quarterly Results (1QFY20); Net Profit Up 7.8%
Thu, 18 Jul

AGRO TECH FOODS has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

AGRO TECH FOODS Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m1,9712,0021,976-1.3%0.3%
Other incomeRs m611110.0%77.0%
TurnoverRs m1,9772,0131,987-1.3%0.5%
ExpensesRs m1,8291,8551,830-1.3%0.1%
Gross profitRs m141146146-0.3%3.3%
DepreciationRs m45384620.7%1.3%
InterestRs m0051400.0%2150.0%
Profit before taxRs m102119107-10.4%4.3%
TaxRs m3736372.5%-1.9%
Profit after taxRs m658470-15.9%7.8%
Gross profit margin%7.27.37.4
Effective tax rate%36.429.934.3
Net profit margin%3.34.13.5
* 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 0.3% on a year-on-year (YoY) basis. The expenses were up by 0.1% YoY during the same period.
  • The company's operating profit increased by 3.3% YoY during the quarter. Consequently, operating profit margins remained same and stood at 7.4% in 1QFY20.
  • Depreciation charges increased by 1.3% and finance costs increased by 2150.0% YoY, respectively.
  • Other income increased by 77.0% YoY during the quarter.
  • Net profit for the quarter increased by 7.8% YoY. Net profit margins during the quarter increased from 3.3% in 1QFY19 to 3.5% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 1.3% on a quarter-on-quarter (QoQ) basis. The expenses were down by 1.3% QoQ during the same period.
  • The company's operating profit increased by 0.3% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 7.4% in 1QFY20 as against 7.3% in 4QFY19.
  • Net profit for the quarter declined by 15.9% QoQ, while net profit margins declined from 4.2% in 4QFY19 to 3.5% in 1QFY20.

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 down from Rs 645.5 to Rs 477.0, registering a Loss of Rs 168.5 or around 26.1%.

Overall, the S&P BSE SENSEX is up 7.2% over the year.

Current Valuations

At the current price of Rs 477.0, the price to earnings (P/E) ratio of AGRO TECH FOODS stands at 33.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.4 times.

Equitymaster requests your view! Post a comment on "AGRO TECH FOODS Announces Quarterly Results (1QFY20); Net Profit Up 7.8%". Click here!

  

Related Views on News

AGRO TECH FOODS Announces Quarterly Results (4QFY19); Net Profit Up 11.0% (Quarterly Result Update)

Apr 25, 2019 | Updated on Apr 25, 2019

For the quarter ended March 2019, AGRO TECH FOODS has posted a net profit of Rs 84 m (up 11.0% YoY). Sales on the other hand came in at Rs 2 bn (down 6.6% YoY). Read on for a complete analysis of AGRO TECH FOODS's quarterly results.

AGRO TECH FOODS Announces Quarterly Results (3QFY19); Net Profit Up 10.4% (Quarterly Result Update)

Jan 24, 2019 | Updated on Jan 24, 2019

For the quarter ended December 2018, AGRO TECH FOODS has posted a net profit of Rs 100 m (up 10.4% YoY). Sales on the other hand came in at Rs 2 bn (up 0.4% YoY). Read on for a complete analysis of AGRO TECH FOODS's quarterly results.

More Views on News

Most Popular

My 3 Best Small-cap Stocks to Get Rich in this Market Rebound(Profit Hunter)

Oct 14, 2019

This is once in a decade opportunity to make a killing from smallcap rebound.

Finally, Is the Share Price of Yes Bank Ready for a Rebound?(The 5 Minute Wrapup)

Oct 7, 2019

Here's what every individual investor must know about Yes Bank...

Two Stocks to Buy in the Great Indian Festival(Profit Hunter)

Oct 11, 2019

Discounts are not just limited to E-tailers. You can buy stocks at 50% off too. Here are two stocks to buy now.

Buy these 3 Stocks for Rebound Riches

Oct 18, 2019

Equitymaster's smallcap guru and editor of Hidden Treasure, Richa Agarwal, talks to us about the rebound in the stock market, and the best stocks to profit from it. Listen in...

The One Stock I Like in this Market(The 5 Minute Wrapup)

Oct 10, 2019

There are rare periods in markets when you get good quality stocks at attractive valuations. Is this one such period?

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2020
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

AGRO TECH FOODS SHARE PRICE


Oct 18, 2019 (Close)

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 - VADILAL INDUSTRIES COMPARISON

COMPARE AGRO TECH FOODS WITH

MARKET STATS