MEMBER'S LOGINX
| Login Failure | ||||||||
|
||||||||
| Sign Up | Forgot Password? | ||||||||
- Home
- Research It
- KRBL
- KRBL Announces Quarterly Results (2QFY20); Net Profit Down 27.9%
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 Change | YoY Change | |
|---|---|---|---|---|---|---|
| Net Sales | Rs m | 12,448 | 12,177 | 8,898 | -26.9% | -28.5% |
| Other income | Rs m | 56 | 23 | 62 | 167.5% | 11.0% |
| Turnover | Rs m | 12,504 | 12,200 | 8,960 | -26.6% | -28.3% |
| Expenses | Rs m | 10,109 | 9,802 | 7,237 | -26.2% | -28.4% |
| Gross profit | Rs m | 2,339 | 2,375 | 1,661 | -30.1% | -29.0% |
| Depreciation | Rs m | 168 | 176 | 193 | 9.7% | 15.2% |
| Interest | Rs m | 9 | 228 | 73 | -68.0% | 693.5% |
| Profit before tax | Rs m | 2,218 | 1,994 | 1,457 | -26.9% | -34.3% |
| Tax | Rs m | 646 | 633 | 323 | -48.9% | -50.0% |
| Profit after tax | Rs m | 1,572 | 1,361 | 1,134 | -16.7% | -27.9% |
| Gross profit margin | % | 18.8 | 19.5 | 18.7 | ||
| Effective tax rate | % | 29.1 | 31.7 | 22.2 | ||
| Net profit margin | % | 12.6 | 11.2 | 12.7 |
Interim results exclude extraordinary / exceptional items
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.
EXPLORE: Here's How You Can Get 1 YEAR of Our Proven Smallcap Service for FREE...
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.
Related Views on News
KRBL Announces Quarterly Results (4QFY20); Net Profit Up 8.0% (Quarterly Result Update)
Jun 11, 2020 | Updated on Jun 11, 2020For the quarter ended March 2020, KRBL has posted a net profit of Rs 1 bn (up 8.0% YoY). Sales on the other hand came in at Rs 11 bn (down 11.2% YoY). Read on for a complete analysis of KRBL's quarterly results.
KRBL Announces Quarterly Results (3QFY20); Net Profit Up 48.3% (Quarterly Result Update)
Jan 30, 2020 | Updated on Jan 30, 2020For 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, 2019Here'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.
More Views on NewsMost Popular
Large Opportunities Are Coming Our Way
Aug 5, 2020Kenneth Andrade tells us why stocks will bounce back strongly and what he's bullish on.
Is It Time to Book Profits in Gold and Silver?(Fast Profits Daily)
Aug 10, 2020Gold and silver have delivered phenomenal returns this year. Is it time to take some money of the table?
Forget the Nifty and Sensex for the Next 1 or 2 Years and Focus on These Stocks(Profit Hunter)
Aug 6, 2020Stocks from the essential small cap space are likely to be outperformers over the next 1 or 2 years.
3 Stocks to Ride the Big Rebound in Smallcaps(Profit Hunter)
Aug 11, 2020The rebound ratio suggests that smallcaps are set for big gains but this time it will be limited to a few stocks. Make sure you choose wisely.
Governance: for the country and your portfolio.(The Honest Truth)
Aug 14, 2020Ajit Dayal on the need of socially responsible governance.
More|
| |
OUR TOP 5 IDEAS
- Free Report: Multibagger Stock Ideas 2020
- Are You Making One of These 15 Costly Mistakes While Investing. Learn more!
- Covid-19 Proof Multibagger Stocks - Download this FREE Report Now
- Free Report: The Secret to Increasing Your Trading Profits Daily!
- No Guessing, No Hunches, and No Missed Trends Ever! Join Us on YouTube Now.
KRBL SHARE PRICE
Aug 14, 2020 (Close)
TRACK KRBL
- Track your investment in KRBL with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
- Add To MyStocks
MORE ON KRBL
KRBL - NESTLE COMPARISON
COMPARE KRBL WITH
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
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.
Equitymaster requests your view! Post a comment on "KRBL Announces Quarterly Results (2QFY20); Net Profit Down 27.9%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!