MAHARASHTRA SEAMLESS Announces Quarterly Results (1QFY20); Net Profit Down 8.9%

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?  

Markets will remain closed on 21st October 2019, due to Assembly Elections in Maharashtra.

MAHARASHTRA SEAMLESS Announces Quarterly Results (1QFY20); Net Profit Down 8.9%
Thu, 8 Aug

MAHARASHTRA SEAMLESS has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

MAHARASHTRA SEAMLESS Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m6,0749,6486,903-28.5%13.6%
Other incomeRs m351-38182-48.1%
TurnoverRs m6,4269,6117,086-26.3%10.3%
ExpensesRs m4,6387,2955,364-26.5%15.7%
Gross profitRs m1,4378931,53972.3%7.1%
DepreciationRs m1961911951.9%-0.5%
InterestRs m139713134.9%895.5%
Profit before taxRs m1,5795671,396146.0%-11.6%
TaxRs m576760482-36.6%-16.4%
Profit after taxRs m1,004-192914-8.9%
Gross profit margin%23.79.322.3
Effective tax rate%36.5133.934.5
Net profit margin%15.6-2.012.9
* 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 13.6% on a year-on-year (YoY) basis. The expenses were up by 15.7% YoY during the same period.
  • The company's operating profit increased by 7.1% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 22.3% in 1QFY20 as against 23.7% in 1QFY19.
  • Depreciation charges declined by 0.5% and finance costs increased by 895.5% YoY, respectively.
  • Other income declined by 48.1% YoY during the quarter.
  • Net profit for the quarter declined by 8.9% YoY. Net profit margins during the quarter declined from 15.6% in 1QFY19 to 12.9% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 28.5% on a quarter-on-quarter (QoQ) basis. The expenses were down by 26.5% QoQ during the same period.
  • The company's operating profit increased by 72.3% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 22.3% in 1QFY20 as against 9.3% in 4QFY19.
  • Net profit for the quarter increased by 575.2% QoQ, while net profit margins increased from -2.0% in 4QFY19 to 12.9% in 1QFY20.

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

MAHARASHTRA SEAMLESS Share Price Performance

Over the last one year,MAHARASHTRA SEAMLESS share price has moved down from Rs 479.4 to Rs 396.1, registering a Loss of Rs 83.3 or around 17.4%.

Meanwhile, the S&P BSE METAL Index is trading at Rs 8,934.6 (up 0.7%). Over the last one year it has moved down from 13,104.2 to 8,934.6, a gain of 4,170 points (down 31.8%).

Overall, the S&P BSE SENSEX is down 1.4% over the year.

Current Valuations

At the current price of Rs 396.1, the price to earnings (P/E) ratio of MAHARASHTRA SEAMLESS stands at 11.0 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.0 times.

Equitymaster requests your view! Post a comment on "MAHARASHTRA SEAMLESS Announces Quarterly Results (1QFY20); Net Profit Down 8.9%". Click here!

  

Related Views on News

MAHARASHTRA SEAMLESS Announces Quarterly Results (4QFY19); Net Profit Down 121.8% (Quarterly Result Update)

Jun 10, 2019 | Updated on Jun 10, 2019

For the quarter ended March 2019, MAHARASHTRA SEAMLESS has posted a net profit of Rs 192 m (down 121.8% YoY). Sales on the other hand came in at Rs 10 bn (up 52.8% YoY). Read on for a complete analysis of MAHARASHTRA SEAMLESS's quarterly results.

MAH. SEAMLESS Announces Quarterly Results (3QFY19); Net Profit Up 139.3% (Quarterly Result Update)

Feb 15, 2019 | Updated on Feb 15, 2019

For the quarter ended December 2018, MAH. SEAMLESS has posted a net profit of Rs 928 m (up 139.3% YoY). Sales on the other hand came in at Rs 8 bn (up 39.4% YoY). Read on for a complete analysis of MAH. SEAMLESS's quarterly results.

MAH. SEAMLESS 2017-18 Annual Report Analysis (Annual Result Update)

Dec 21, 2018 | Updated on Dec 21, 2018

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

More Views on News

Most Popular

My 3 Best Small-cap Stocks to Get Rich in this Market Rebound(Profit Hunter)

Oct 14, 2019

This is once in a decade opportunity to make a killing from smallcap rebound.

Finally, Is the Share Price of Yes Bank Ready for a Rebound?(The 5 Minute Wrapup)

Oct 7, 2019

Here's what every individual investor must know about Yes Bank...

Two Stocks to Buy in the Great Indian Festival(Profit Hunter)

Oct 11, 2019

Discounts are not just limited to E-tailers. You can buy stocks at 50% off too. Here are two stocks to buy now.

The One Stock I Like in this Market(The 5 Minute Wrapup)

Oct 10, 2019

There are rare periods in markets when you get good quality stocks at attractive valuations. Is this one such period?

5 Smart Money Stocks to Profit from the Market Rebound(The 5 Minute Wrapup)

Oct 11, 2019

Now is the time to put money in these 5 stocks to take advantage of the recovery in the economy and the markets.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2020
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

MAHARASHTRA SEAMLESS SHARE PRICE


Oct 18, 2019 (Close)

TRACK MAHARASHTRA SEAMLESS

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

MORE ON MAHARASHTRA SEAMLESS

MAHARASHTRA SEAMLESS 8-QTR ANALYSIS

COMPARE MAHARASHTRA SEAMLESS WITH

MARKET STATS