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.
KESORAM IND Announces Quarterly Results (4QFY18); Net Profit Up 112.3%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

Markets will remain closed on 18th October, 2018 on account of Dussehra.

KESORAM IND Announces Quarterly Results (4QFY18); Net Profit Up 112.3%
Fri, 20 Jul

KESORAM IND has announced its results for the quarter ended March 2018. Here is a detailed performance review of the same:

KESORAM IND Quarterly Financials

No. of Mths
Qtr. Ending
QoQ ChangeYoY Change
Net SalesRs m11,0368,8309,85311.6%-10.7%
Other incomeRs m5461,582326-79.4%-40.3%
TurnoverRs m11,58210,41210,179-2.2%-12.1%
ExpensesRs m11,3849,09410,23512.5%-10.1%
Gross profitRs m-469-678-382
DepreciationRs m25128534420.8%37.0%
InterestRs m5941,0511,20214.3%102.3%
Profit before taxRs m-769-432-1,602
TaxRs m-240-200.0%
Profit after taxRs m-745-432-1,582
Gross profit margin%-4.3-7.7-3.9
Effective tax rate%
Net profit margin%-6.4-4.1-15.5
* 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 10.7% on a year-on-year (YoY) basis. The expenses were down by 10.1% YoY during the same period.
  • The company's operating profit declined by 18.6% YoY during the quarter. Consequently, operating profit margins remained same and stood at 3.9% in 4QFY18.
  • Depreciation charges and finance costs increased by 37.0% YoY and 102.3% YoY, respectively.
  • Other income declined by 40.3% YoY during the quarter.
  • Net profit for the quarter increased by 112.3% YoY. Net profit margins during the quarter declined from -6.4% in 4QFY17 to 15.5% in 4QFY18.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 11.6% on a quarter-on-quarter (QoQ) basis. The expenses were up by 12.5% QoQ during the same period.
  • The company's operating profit increased by 43.7% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 3.9% in 4QFY18 as against 7.7% in 3QFY17.
  • Net profit for the quarter increased by 266.4% QoQ, while net profit margins declined from 4.1% in 3QFY17 to 15.5% in 4QFY18.

To see how KESORAM IND has performed over the last eight quarters, please visit here.

KESORAM IND Share Price Performance

Over the last one year, KESORAM IND share price has moved up from Rs 142.9 to Rs 72.6, registering a Loss of Rs -70.4 or around 49.2%.

Overall, the S&P BSE SENSEX is up 0.5% over the year.

Current Valuations

At the current price of Rs 72.6, the price to earnings (P/E) ratio of KESORAM IND stands at NM times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.7 times.

Equitymaster requests your view! Post a comment on "KESORAM IND Announces Quarterly Results (4QFY18); Net Profit Up 112.3%". Click here!


Related Views on News

KESORAM IND Announces Quarterly Results (1QFY19); Net Profit Up 48.3% (Quarterly Result Update)

Aug 20, 2018 | Updated on Aug 20, 2018

For the quarter ended June 2018, KESORAM IND has posted a net profit of Rs 634 m (up 48.3% YoY). Sales on the other hand came in at Rs 9 bn (down 6.4% YoY). Read on for a complete analysis of KESORAM IND's quarterly results.

More Views on News

Most Popular

Don't Panic in This Falling Market... Do This Instead(The 5 Minute Wrapup)

Oct 5, 2018

Find companies with long term durable moats, which are correcting with the current broader market sell-off.

Why You Should Be Excited, Not Sad, About the 30% Small Cap Crash(Profit Hunter)

Oct 4, 2018

Smallcaps have corrected over 30% since the beginning of the year. Find out why Richa Agarwal views this as an opportunity rather than a threat.

Taxpayers to pay salaries of CEOs/CIOs of Mutual Funds(The Honest Truth)

Oct 5, 2018

Ajit Dayal on the crisis in the market and in the mutual fund industry.

IPO Market Feels the Heat of the Market Crash(Sector Info)

Oct 12, 2018

The sentiments in primary market have also deteriorated amid the stock market correction. Most listed IPOs of 2018 are trading below their issue price.

Are These Deep Corrections a Buying Signal?(Chart Of The Day)

Oct 5, 2018

The correction has bought many good companies to reasonable valuations. Go against the wisdom of crowd and Buy.


Small Investments
BIG Returns

Zero To Millions Guide 2018
Get our special report, Zero To Millions
(2018 Edition) Now!
We will never sell or rent your email id.
Please read our Terms


Oct 17, 2018 (Close)


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