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

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 (3QFY19); Net Profit Up 10.4%
Thu, 24 Jan

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

AGRO TECH FOODS Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m2,1462,1092,1542.1%0.4%
Other incomeRs m381371.4%407.7%
TurnoverRs m2,1482,1172,1672.4%0.9%
ExpensesRs m1,9671,9311,9742.2%0.4%
Gross profitRs m1791781801.1%0.8%
DepreciationRs m444540-10.5%-8.6%
InterestRs m000200.0%50.0%
Profit before taxRs m1371411538.5%11.5%
TaxRs m4750536.2%13.5%
Profit after taxRs m90911009.8%10.4%
Gross profit margin%8.38.48.4
Effective tax rate%34.135.534.7
Net profit margin%4.24.34.6
* 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 0.4% on a year-on-year (YoY) basis. The expenses were up by 0.4% YoY during the same period.
  • The company's operating profit increased by 0.8% YoY during the quarter. Consequently, operating profit margins remained same and stood at 8.4% in 3QFY19.
  • Depreciation charges declined by 8.6% and finance costs increased by 50.0% YoY, respectively.
  • Other income increased by 407.7% YoY during the quarter.
  • Net profit for the quarter increased by 10.4% YoY. Net profit margins during the quarter increased from 4.2% in 3QFY18 to 4.6% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 2.1% on a quarter-on-quarter (QoQ) basis. The expenses were up by 2.2% QoQ during the same period.
  • The company's operating profit declined by 1.1% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 8.4% in 3QFY19 as against 8.4% in 2QFY18.
  • Net profit for the quarter increased by 9.8% QoQ, while net profit margins increased from 4.3% in 2QFY18 to 4.6% in 3QFY19.

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 680.9 to Rs 607.5, registering a Loss of Rs 73.4 or around 10.8%.

Overall, the S&P BSE SENSEX is up 0.2% over the year.

Current Valuations

At the current price of Rs 607.5, the price to earnings (P/E) ratio of AGRO TECH FOODS stands at 44.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 4.4 times.

Equitymaster requests your view! Post a comment on "AGRO TECH FOODS Announces Quarterly Results (3QFY19); Net Profit Up 10.4%". 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 (1QFY19); Net Profit Up 0.2% (Quarterly Result Update)

Jul 30, 2018 | Updated on Jul 30, 2018

For the quarter ended June 2018, AGRO TECH FOODS has posted a net profit of Rs 65 m (up 0.2% YoY). Sales on the other hand came in at Rs 2 bn (up 4.9% 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

Are You Ready for the Big Nifty Move in the March Expiry?(Profit Hunter)

Mar 8, 2019

History suggests the Nifty could make a big move in March. Are you prepared to benefit from this opportunity?

Smallcaps Are Rallying and You Need to Make the Most of It Now(Profit Hunter)

Mar 7, 2019

Did you just miss the smallcap rally? Or is there still time to catch up? Read on for answers and more...

The One Sector to Bet on Today as India Grows into a 10 Trillion Dollar Economy(The 5 Minute Wrapup)

Mar 7, 2019

India's defence sector is suddenly under the spotlight. Can this sector ride along India's long-term growth story?

Is it the Right Time to Buy Mid and Small Caps Now?(The 5 Minute Wrapup)

Mar 6, 2019

Mid and Small Caps have underperformed large caps in the past year. Is the tide about to turn?

Elections Don't Matter!(The Honest Truth)

Mar 13, 2019

Ajit Dayal shows us why from the point of view of the Indian economy, elections don't matter.

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

AGRO TECH FOODS SHARE PRICE


Mar 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 5-YR ANALYSIS

COMPARE AGRO TECH FOODS WITH

MARKET STATS