JK CEMENT Announces Quarterly Results (3QFY20); Net Profit Up 125.8%

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?  

JK CEMENT Announces Quarterly Results (3QFY20); Net Profit Up 125.8%
Mon, 10 Feb

JK CEMENT has announced its results for the quarter ended December 2019. Here is a detailed performance review of the same:

JK CEMENT Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-18*
3
Sep-19*
3
Dec-19*
QoQ ChangeYoY Change
Net SalesRs m12,73212,54214,04212.0%10.3%
Other incomeRs m11818023731.7%100.5%
TurnoverRs m12,85012,72214,27812.2%11.1%
ExpensesRs m10,62710,00211,26412.6%6.0%
Gross profitRs m2,1052,5402,7779.3%31.9%
DepreciationRs m4865185567.4%14.3%
InterestRs m5645615610.0%-0.4%
Profit before taxRs m1,1731,6411,89715.6%61.7%
TaxRs m564553521-5.7%-7.6%
Profit after taxRs m6091,0881,37626.4%125.8%
Gross profit margin%16.520.319.8
Effective tax rate%48.133.727.5
Net profit margin%4.78.69.6
* 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 10.3% on a year-on-year (YoY) basis. The expenses were up by 6.0% YoY during the same period.
  • The company's operating profit increased by 31.9% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 19.8% in 3QFY20 as against 16.5% in 3QFY19.
  • Depreciation charges increased by 14.3% and finance costs declined by 0.4% YoY, respectively.
  • Other income increased by 100.5% YoY during the quarter.
  • Net profit for the quarter increased by 125.8% YoY. Net profit margins during the quarter increased from 4.7% in 3QFY19 to 9.6% in 3QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 12.0% on a quarter-on-quarter (QoQ) basis. The expenses were up by 12.6% QoQ during the same period.
  • The company's operating profit increased by 9.3% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 19.8% in 3QFY20 as against 20.3% in 2QFY19.
  • Net profit for the quarter increased by 26.4% QoQ, while net profit margins increased from 8.6% in 2QFY19 to 9.6% in 3QFY20.

To see how JK CEMENT has performed over the last eight quarters,please visit here.

DISCOVER: How to Potentially Multiply Your Returns by Upto 5x...

JK CEMENT Share Price Performance

Over the last one year,JK CEMENT share price has moved up from Rs 694.3 to Rs 1,428.6, registering a Gain of Rs 734.3 or around 105.8%.

Overall, the S&P BSE SENSEX is up 10.4% over the year.

Current Valuations

At the current price of Rs 1,428.6, the price to earnings (P/E) ratio of JK CEMENT stands at 18.2 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.7 times.

Equitymaster requests your view! Post a comment on "JK CEMENT Announces Quarterly Results (3QFY20); Net Profit Up 125.8%". Click here!

  

Related Views on News

JK CEMENT Announces Quarterly Results (3QFY21); Net Profit Up 73.2% (Quarterly Result Update)

Feb 10, 2021 | Updated on Feb 10, 2021

For the quarter ended December 2020, JK CEMENT has posted a net profit of Rs 2 bn (up 73.2% YoY). Sales on the other hand came in at Rs 18 bn (up 25.3% YoY). Read on for a complete analysis of JK CEMENT's quarterly results.

JK CEMENT 2019-20 Annual Report Analysis (Annual Result Update)

Dec 1, 2020 | Updated on Dec 1, 2020

Here's an analysis of the annual report of JK CEMENT for 2019-20. It includes a full income statement, balance sheet and cash flow analysis of JK CEMENT. Also includes updates on the valuation of JK CEMENT.

JK CEMENT 2018-19 Annual Report Analysis (Annual Result Update)

Sep 23, 2019 | Updated on Sep 23, 2019

Here's an analysis of the annual report of JK CEMENT for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of JK CEMENT. Also includes updates on the valuation of JK CEMENT.

JK CEMENT Announces Quarterly Results (1QFY20); Net Profit Up 211.8% (Quarterly Result Update)

Aug 5, 2019 | Updated on Aug 5, 2019

For the quarter ended June 2019, JK CEMENT has posted a net profit of Rs 2 bn (up 211.8% YoY). Sales on the other hand came in at Rs 13 bn (up 19.0% YoY). Read on for a complete analysis of JK CEMENT's quarterly results.

More Views on News

Most Popular

It's the Beginning of a New Bull Phase in Smallcaps(Profit Hunter)

Feb 24, 2021

Last time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.

Make Rs 5,000 Per Day Trading the Market(Fast Profits Daily)

Feb 25, 2021

In this video, I'll show you how to get started on the path to daily trading profits.

The Hidden Tesla in My Great Indian Wealth Project(Profit Hunter)

Feb 23, 2021

An Indian company founded three decades ago in a garage caught my attention...

Gold 65,000 and Silver 84,000 in 2022

Feb 26, 2021

In this episode of the Investor Hour, India's #1 trader, Vijay Bhambwani, talks to us about the stock market, his new targets for gold and silver, the best long-term investment opportunity, and a lot more.

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

JK CEMENT SHARE PRICE


Mar 5, 2021 (Close)

TRACK JK CEMENT

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

JK CEMENT 8-QTR ANALYSIS

COMPARE JK CEMENT WITH

MARKET STATS