JAI CORP LTD Announces Quarterly Results (4QFY19); Net Profit Down 133.6%

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 April, 2021 on account of Ram Navami.

JAI CORP LTD Announces Quarterly Results (4QFY19); Net Profit Down 133.6%
Mon, 27 May

JAI CORP LTD has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:

JAI CORP LTD Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m1,4911,5001,459-2.7%-2.1%
Other incomeRs m46295487.2%17.9%
TurnoverRs m1,5371,5281,513-1.0%-1.5%
ExpensesRs m1,2521,3251,290-2.7%3.0%
Gross profitRs m23917569-60.8%-71.4%
DepreciationRs m3636370.5%0.5%
InterestRs m848583-2.6%-0.7%
Profit before taxRs m165823-96.7%-98.4%
TaxRs m534540-11.3%-24.2%
Profit after taxRs m11237-38-202.5%-133.6%
Gross profit margin%16.011.74.7
Effective tax rate%32.255.31,488.9
Net profit margin%7.32.4-2.5
* 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 fell 2.1% on a year-on-year (YoY) basis. The expenses were up by 3.0% YoY during the same period.
  • The company's operating profit declined by 71.4% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 4.7% in 4QFY19 as against 16.0% in 4QFY18.
  • Depreciation charges increased by 0.5% and finance costs declined by 0.7% YoY, respectively.
  • Other income increased by 17.9% YoY during the quarter.
  • Net profit for the quarter declined by 133.6% YoY. Net profit margins during the quarter declined from 7.3% in 4QFY18 to -2.5% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 2.7% on a quarter-on-quarter (QoQ) basis. The expenses were down by 2.7% QoQ during the same period.
  • The company's operating profit declined by 60.8% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 4.7% in 4QFY19 as against 11.7% in 3QFY18.
  • Net profit for the quarter declined by 202.5% QoQ, while net profit margins declined from 2.4% in 3QFY18 to -2.5% in 4QFY19.

To see how JAI CORP LTD has performed over the last eight quarters, please visit here.

JAI CORP LTD Share Price Performance

Over the last one year, JAI CORP LTD share price has moved up from Rs 132.2 to Rs 123.6, registering a Loss of Rs 8.6 or around 6.5%.

Meanwhile, the S&P BSE METAL Index is trading at Rs 10,892.3 (up 0.9%). Over the last one year it has moved down from 13,498.3 to 10,892.3, a gain of 2,606 points (down 19.3%).

Overall, the S&P BSE SENSEX is up 14.3% over the year.

Current Valuations

At the current price of Rs 123.6, the price to earnings (P/E) ratio of JAI CORP LTD stands at 100.0 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.6 times.

Equitymaster requests your view! Post a comment on "JAI CORP LTD Announces Quarterly Results (4QFY19); Net Profit Down 133.6%". Click here!

  

Related Views on News

JAI CORP LTD Announces Quarterly Results (1QFY20); Net Profit Down 71.0% (Quarterly Result Update)

Aug 14, 2019 | Updated on Aug 14, 2019

For the quarter ended June 2019, JAI CORP LTD has posted a net profit of Rs 40 m (down 71.0% YoY). Sales on the other hand came in at Rs 1 bn (down 9.3% YoY). Read on for a complete analysis of JAI CORP LTD's quarterly results.

More Views on News

Most Popular

India: Recovery Stalled by Vaccine Games?(The Honest Truth)

Apr 13, 2021

Ajit Dayal on how India's vaccine strategy will impact the markets.

A Stock with 700% Return Potential Comes with Additional Payoffs(Profit Hunter)

Apr 15, 2021

Narayana Murthy was one of the first unicorn founders to get the backing of this entity...

11x Bankruptcy to Bluechip Stock: A Rare India Revival Story(Profit Hunter)

Apr 16, 2021

There is no stopping this 11-bagger stock from significant upside.

Top 3 Nifty ETFs to Buy Now(Fast Profits Daily)

Apr 20, 2021

In this video I tell you the three Nifty ETFs I think are the best.

Why Did the Market Crash on Monday?(Fast Profits Daily)

Apr 13, 2021

In this video, I'll you what I think is the real reason behind yesterday's market crash.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

JAI CORP SHARE PRICE


Apr 20, 2021 (Close)

TRACK JAI CORP

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

JAI CORP - NIPPON STEEL COMPARISON

COMPARE JAI CORP WITH

MARKET STATS