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

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?  

KRBL Announces Quarterly Results (3QFY20); Net Profit Up 48.3%
Thu, 30 Jan

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

KRBL Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-18*
3
Sep-19*
3
Dec-19*
QoQ ChangeYoY Change
Net SalesRs m9,3588,89813,29049.4%42.0%
Other incomeRs m536246-25.4%-12.4%
TurnoverRs m9,4118,96013,33648.8%41.7%
ExpensesRs m7,3257,23710,90450.7%48.9%
Gross profitRs m2,0331,6612,38643.6%17.4%
DepreciationRs m155193180-6.9%16.2%
InterestRs m2867313989.9%-51.6%
Profit before taxRs m1,6451,4572,11445.1%28.5%
TaxRs m57332352462.2%-8.5%
Profit after taxRs m1,0721,1341,59040.2%48.3%
Gross profit margin%21.718.718.0
Effective tax rate%34.822.224.8
Net profit margin%11.412.711.9
* 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 42.0% on a year-on-year (YoY) basis. The expenses were up by 48.9% YoY during the same period.
  • The company's operating profit increased by 17.4% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 18.0% in 3QFY20 as against 21.7% in 3QFY19.
  • Depreciation charges increased by 16.2% and finance costs declined by 51.6% YoY, respectively.
  • Other income declined by 12.4% YoY during the quarter.
  • Net profit for the quarter increased by 48.3% YoY. Net profit margins during the quarter increased from 11.4% in 3QFY19 to 11.9% in 3QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 49.4% on a quarter-on-quarter (QoQ) basis. The expenses were up by 50.7% QoQ during the same period.
  • The company's operating profit increased by 43.6% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 18.0% in 3QFY20 as against 18.7% in 2QFY19.
  • Net profit for the quarter increased by 40.2% QoQ, while net profit margins declined from 12.7% in 2QFY19 to 11.9% in 3QFY20.

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

Watch Now: Replay of Our Explosive Profits Summit

KRBL Share Price Performance

Over the last one year,KRBL share price has moved down from Rs 335.3 to Rs 269.3, registering a Loss of Rs 66.0 or around 19.7%.

Overall, the S&P BSE SENSEX is up 15.2% over the year.

Current Valuations

At the current price of Rs 269.3, the price to earnings (P/E) ratio of KRBL stands at 11.6 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.3 times.

Equitymaster requests your view! Post a comment on "KRBL Announces Quarterly Results (3QFY20); Net Profit Up 48.3%". Click here!

  

Related Views on News

KRBL Announces Quarterly Results (4QFY20); Net Profit Up 8.0% (Quarterly Result Update)

Jun 11, 2020 | Updated on Jun 11, 2020

For 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 (2QFY20); Net Profit Down 27.9% (Quarterly Result Update)

Nov 11, 2019 | Updated on Nov 11, 2019

For the quarter ended September 2019, KRBL has posted a net profit of Rs 1 bn (down 27.9% YoY). Sales on the other hand came in at Rs 9 bn (down 28.5% 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.

More Views on News

Most Popular

Not Infosys or Wipro. India's Next Wealth Creators Could Be Drone Stocks(Profit Hunter)

Nov 25, 2020

India's drones directorate signals the next big defence tech multibaggers.

It's Time to Book Profits(Fast Profits Daily)

Nov 27, 2020

In my first video on Equitymaster, I want to introduce you my proprietary greed and fear index. It's telling us to book some profits in the market.

How the New Margins Will Impact You(Fast Profits Daily)

Nov 25, 2020

The new rules on margins will come into effect from 1st December. Are you ready?

Is this Sector the Best Contrarian Bet Right Now?(Profit Hunter)

Nov 23, 2020

The risk reward ratio in this beaten down sector may have finally turned for the better.

The Price of Dying, the Cost of Living(The Honest Truth)

Nov 20, 2020

Ajit Dayal presents a cost benefit analysis of the various types of response to covid around the world.

More

Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

KRBL SHARE PRICE


Dec 1, 2020 03:36 PM

TRACK KRBL

COMPARE KRBL WITH

MARKET STATS