X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 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.
KAJARIA CERAMICS Announces Quarterly Results (2QFY19); Net Profit Down 20.5%

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?  

KAJARIA CERAMICS Announces Quarterly Results (2QFY19); Net Profit Down 20.5%
Fri, 9 Nov

KAJARIA CERAMICS has announced its results for the quarter ended September 2018. Here is a detailed performance review of the same:

KAJARIA CERAMICS Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m6,7126,1417,25318.1%8.1%
Other incomeRs m116746-31.3%306.2%
TurnoverRs m6,7246,2087,29917.6%8.6%
ExpensesRs m5,4925,2646,16417.1%12.2%
Gross profitRs m1,2888771,05520.3%-18.1%
DepreciationRs m21616022540.7%4.5%
InterestRs m641045334.6%-29.3%
Profit before taxRs m1,0197738307.4%-18.5%
TaxRs m38226932420.6%-15.2%
Profit after taxRs m6375055060.3%-20.5%
Gross profit margin%19.214.314.5
Effective tax rate%37.534.739.0
Net profit margin%9.58.16.9
* 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 8.1% on a year-on-year (YoY) basis. The expenses were up by 12.2% YoY during the same period.
  • The company's operating profit declined by 18.1% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 14.5% in 2QFY19 as against 19.2% in 2QFY18.
  • Depreciation charges increased by 4.5% and finance costs declined by 29.3% YoY, respectively.
  • Other income increased by 306.2% YoY during the quarter.
  • Net profit for the quarter declined by 20.5% YoY. Net profit margins during the quarter declined from 9.5% in 2QFY18 to 6.9% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 18.1% on a quarter-on-quarter (QoQ) basis. The expenses were up by 17.1% QoQ during the same period.
  • The company's operating profit increased by 20.3% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 14.5% in 2QFY19 as against 14.3% in 1QFY18.
  • Net profit for the quarter increased by 0.3% QoQ, while net profit margins declined from 8.1% in 1QFY18 to 6.9% in 2QFY19.

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

KAJARIA CERAMICS Share Price Performance

Over the last one year, KAJARIA CERAMICS share price has moved up from Rs 721.2 to Rs 438.1, registering a Loss of Rs 283.1 or around 39.2%.

Overall, the S&P BSE SENSEX is up 5.3% over the year.

Current Valuations

At the current price of Rs 438.1, the price to earnings (P/E) ratio of KAJARIA CERAMICS stands at 30.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 5.2 times.

Equitymaster requests your view! Post a comment on "KAJARIA CERAMICS Announces Quarterly Results (2QFY19); Net Profit Down 20.5%". Click here!

  

Related Views on News

KAJARIA CERAMICS Announces Quarterly Results (4QFY19); Net Profit Down 4.0% (Quarterly Result Update)

May 13, 2019 | Updated on May 13, 2019

For the quarter ended March 2019, KAJARIA CERAMICS has posted a net profit of Rs 669 m (down 4.0% YoY). Sales on the other hand came in at Rs 8 bn (up 8.7% YoY). Read on for a complete analysis of KAJARIA CERAMICS's quarterly results.

KAJARIA CERAMICS Announces Quarterly Results (3QFY19); Net Profit Up 21.3% (Quarterly Result Update)

Jan 21, 2019 | Updated on Jan 21, 2019

For the quarter ended December 2018, KAJARIA CERAMICS has posted a net profit of Rs 659 m (up 21.3% YoY). Sales on the other hand came in at Rs 8 bn (up 14.7% YoY). Read on for a complete analysis of KAJARIA CERAMICS's quarterly results.

KAJARIA CERAMICS 2017-18 Annual Report Analysis (Annual Result Update)

Dec 20, 2018 | Updated on Dec 20, 2018

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

More Views on News

Most Popular

These Dividend Stocks Could Boost Your Returns Better Than You Can Imagine(Profit Hunter)

May 7, 2019

The art of dividend investing is a lot more than investing in companies with high dividend payouts or stocks with high dividend yields...

3 Indian Stocks Replicating Amazon's Successful Strategy(The 5 Minute Wrapup)

May 10, 2019

The one critical element that has made Amazon a force to reckon with...

My Top 7 Stocks to Profit from Sensex 100,000(The 5 Minute Wrapup)

May 16, 2019

Tanushree Banerjee explains everything you need to know about the Rebirth of India and Sensex 100,000.

A Simple Checklist for Picking Great Dividend Stocks(Profit Hunter)

May 9, 2019

A filtered, neat list of high-dividend stocks with all this dirty work already done for you.

A 10-Bagger in Just 6 Years! The Rebirth of India Will Create More Big Winners Like This(The 5 Minute Wrapup)

May 7, 2019

How a niche tech startup battled all odds to eventually become a 10 bagger.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

KAJARIA CERAMICS SHARE PRICE


May 20, 2019 03:37 PM

TRACK KAJARIA CERAMICS

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

MORE ON KAJARIA CERAMICS

KAJARIA CERAMICS 8-QTR ANALYSIS

COMPARE KAJARIA CERAMICS WITH

MARKET STATS