KRBL Announces Quarterly Results (2QFY20); Net Profit Down 27.9%

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

  •
  • MyStocks
MEMBER'S LOGIN

MEMBER'S LOGINX

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

Markets will remain closed on 2nd April, 2020 on account of Ram Navami.

KRBL Announces Quarterly Results (2QFY20); Net Profit Down 27.9%
Mon, 11 Nov

KRBL has announced its results for the quarter ended September 2019. Here is a detailed performance review of the same:

KRBL Quarterly Financials

No. of Mths
Qtr. Ending		3
Sep-18* 		3
Jun-19* 		3
Sep-19* 		QoQ ChangeYoY Change
Net SalesRs m12,44812,1778,898-26.9%-28.5%
Other incomeRs m562362167.5%11.0%
TurnoverRs m12,50412,2008,960-26.6%-28.3%
ExpensesRs m10,1099,8027,237-26.2%-28.4%
Gross profitRs m2,3392,3751,661-30.1%-29.0%
DepreciationRs m1681761939.7%15.2%
InterestRs m922873-68.0%693.5%
Profit before taxRs m2,2181,9941,457-26.9%-34.3%
TaxRs m646633323-48.9%-50.0%
Profit after taxRs m1,5721,3611,134-16.7%-27.9%
Gross profit margin%18.819.518.7
Effective tax rate%29.131.722.2
Net profit margin%12.611.212.7
* 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 28.5% on a year-on-year (YoY) basis. The expenses were down by 28.4% YoY during the same period.
  • The company's operating profit declined by 29.0% YoY during the quarter. Consequently, operating profit margins remained same and stood at 18.7% in 2QFY20.
  • Depreciation charges increased by 15.2% and finance costs increased by 693.5% YoY, respectively.
  • Other income increased by 11.0% YoY during the quarter.
  • Net profit for the quarter declined by 27.9% YoY. Net profit margins during the quarter increased from 12.6% in 2QFY19 to 12.7% in 2QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 26.9% on a quarter-on-quarter (QoQ) basis. The expenses were down by 26.2% QoQ during the same period.
  • The company's operating profit declined by 30.1% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 18.7% in 2QFY20 as against 19.5% in 1QFY19.
  • Net profit for the quarter declined by 16.7% QoQ, while net profit margins increased from 11.2% in 1QFY19 to 12.7% in 2QFY20.

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

Now or Never: Access Details of the No. 1 Small Cap Stock of 2020
KRBL Share Price Performance

Over the last one year,KRBL share price has moved down from Rs 339.2 to Rs 207.0, registering a Loss of Rs 132.2 or around 39.0%.

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

Current Valuations

At the current price of Rs 207.0, the price to earnings (P/E) ratio of KRBL stands at 9.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.8 times.

Equitymaster requests your view! Post a comment on "KRBL Announces Quarterly Results (2QFY20); Net Profit Down 27.9%". Click here!

  

Related Views on News

KRBL Announces Quarterly Results (3QFY20); Net Profit Up 48.3% (Quarterly Result Update)

Jan 30, 2020 | Updated on Jan 30, 2020

For the quarter ended December 2019, KRBL has posted a net profit of Rs 2 bn (up 48.3% YoY). Sales on the other hand came in at Rs 13 bn (up 42.0% YoY). Read on for a complete analysis of KRBL's quarterly results.

KRBL 2018-19 Annual Report Analysis (Annual Result Update)

Sep 16, 2019 | Updated on Sep 16, 2019

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

KRBL Announces Quarterly Results (1QFY20); Net Profit Up 36.1% (Quarterly Result Update)

Aug 5, 2019 | Updated on Aug 5, 2019

For the quarter ended June 2019, KRBL has posted a net profit of Rs 1 bn (up 36.1% YoY). Sales on the other hand came in at Rs 12 bn (up 63.8% YoY). Read on for a complete analysis of KRBL's quarterly results.

KRBL LIMITED 2017-18 Annual Report Analysis (Annual Result Update)

Aug 13, 2018 | Updated on Aug 13, 2018

Here's an analysis of the annual report of KRBL LIMITED for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of KRBL LIMITED. Also includes updates on the valuation of KRBL LIMITED.

More Views on News

Most Popular

If I Were to Recommend One Stock Amid Coronavirus Outbreak, This Would be It.(Profit Hunter)

Mar 19, 2020

Coronavirus outbreak has made no impact on the long term prospects of my favourite smallcap. What it has indeed done is brought the company below my buy price, making it even more attractive investment at current price.

Sorry Warren Buffett, I'm Following This Man Instead of You in 2020(The 5 Minute Wrapup)

Mar 30, 2020

This man warned of an impending market correction while everyone else was celebrating the renewed optimism in early 2020...

Why India Will Be the Biggest Winner in a Post-Coronavirus World(The 5 Minute Wrapup)

Mar 19, 2020

The way businesses operate will change in a major way post the coronavirus impact. Here's why India stands to benefit from this change...

A Big Trading Opportunity is Coming Your Way Soon(Fast Profits Daily)

Mar 25, 2020

I see a big opportunity to make fast profits on the horizon.

Coronavirus Sell-off Is a Perfect Time to 'Lockdown' this 'Crorepati' Stock(Profit Hunter)

Mar 24, 2020

Coronavirus crisis and panic selling has brought this quality smallcap to multiyear lows, making it a great bargain.

More

How to Trade the
Coronavirus Crash

Coronavirus Crash
Get this special report, authored by Equitymaster's top analysts, now.
We will never sell or rent your email id.
Please read our Terms

OUR TOP 5 IDEAS

How to Trade the Coronavirus Crash - Download this FREE Report Now
How to Profit Even During These Times of Crisis: Vijay Bhambwani Reveals his Strategy...
The Best Stocks For 2020 - How to Spot Multibagger Ideas. FREE Sign up!
Free Report: The Secret to Increasing Your Trading Profits Daily!
Find Out Our Top 7 Bluechips for 2020 Virtually FREE. Click Here Now!

KRBL SHARE PRICE


Apr 1, 2020 (Close)

TRACK KRBL

MORE ON KRBL

KRBL - REI AGRO LTD. COMPARISON

Compare Company With Charts

COMPARE KRBL WITH

OTHER USEFUL LINKS

MARKET STATS


ABOUT EQUITYMASTER

Since 1996, Equitymaster has been the source for honest and credible opinions on investing in India. With solid research and in-depth analysis Equitymaster is dedicated towards making its readers- smarter, more confident and richer every day. Here's why hundreds of thousands of readers spread across more than 70 countries Trust Equitymaster.

FREE NEWSLETTERS
PREMIUM PRODUCTS
QUICK LINKS
APPS
  • Get Equitymaster Android App on Google Play
  • Get Equitymaster iOS App on App Store
FOLLOW

Copyright © Equitymaster Agora Research Private Limited.

Whitelist | Refer | Terms | Privacy | Contact | About | Sitemap

Equitymaster Agora Research Private Limited (Research Analyst) 103, Regent Chambers, Above Status Restaurant, Nariman Point, Mumbai - 400 021. India.
Telephone: +91-22-61434055. Fax: +91-22-22028550. Email: info@equitymaster.com. Website: www.equitymaster.com. CIN:U74999MH2007PTC175407

All rights reserved. Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is strictly prohibited and shall be deemed to be copyright infringement.

LEGAL DISCLAIMER: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research Company. Equitymaster is not an Investment Adviser. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. This is not directed for access or use by anyone in a country, especially, USA, Canada or the European Union countries, where such use or access is unlawful or which may subject Equitymaster or its affiliates to any registration or licensing requirement. All content and information is provided on an 'As Is' basis by Equitymaster. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Equitymaster may hold shares in the company/ies discussed herein. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.

SEBI (Research Analysts) Regulations 2014, Registration No. INH000000537.