UNITED SPIRITS Announces Quarterly Results (3QFY20); Net Profit Up 34.5%

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?  

UNITED SPIRITS Announces Quarterly Results (3QFY20); Net Profit Up 34.5%
Wed, 29 Jan

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

UNITED SPIRITS Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-18*
3
Sep-19*
3
Dec-19*
QoQ ChangeYoY Change
Net SalesRs m77,63672,99978,0727.0%0.6%
Other incomeRs m61446176282.6%-71.3%
TurnoverRs m78,25073,04578,2487.1%0.0%
ExpensesRs m74,15868,91873,8327.1%-0.4%
Gross profitRs m3,2764,0814,2403.9%29.4%
DepreciationRs m355712524-26.4%47.6%
InterestRs m552503455-9.5%-17.6%
Profit before taxRs m2,9832,9123,43718.0%15.2%
TaxRs m1,0591,327849-36.0%-19.8%
Profit after taxRs m1,9241,5852,58863.3%34.5%
Gross profit margin%4.25.65.4
Effective tax rate%35.545.624.7
Net profit margin%2.52.23.3
* 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 0.6% on a year-on-year (YoY) basis. The expenses were down by 0.4% YoY during the same period.
  • The company's operating profit increased by 29.4% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 5.4% in 3QFY20 as against 4.2% in 3QFY19.
  • Depreciation charges increased by 47.6% and finance costs declined by 17.6% YoY, respectively.
  • Other income declined by 71.3% YoY during the quarter.
  • Net profit for the quarter increased by 34.5% YoY. Net profit margins during the quarter increased from 2.5% in 3QFY19 to 3.3% in 3QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 7.0% on a quarter-on-quarter (QoQ) basis. The expenses were up by 7.1% QoQ during the same period.
  • The company's operating profit increased by 3.9% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 5.4% in 3QFY20 as against 5.6% in 2QFY19.
  • Net profit for the quarter increased by 63.3% QoQ, while net profit margins increased from 2.2% in 2QFY19 to 3.3% in 3QFY20.

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

UNITED SPIRITS Share Price Performance

Over the last one year,UNITED SPIRITS share price has moved up from Rs 551.7 to Rs 638.5, registering a Gain of Rs 86.8 or around 15.7%.

Overall, the S&P BSE SENSEX is up 15.6% over the year.

Current Valuations

At the current price of Rs 638.5, the price to earnings (P/E) ratio of UNITED SPIRITS stands at 12.5 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.0 times.

Equitymaster requests your view! Post a comment on "UNITED SPIRITS Announces Quarterly Results (3QFY20); Net Profit Up 34.5%". Click here!

  

Related Views on News

UNITED SPIRITS Announces Quarterly Results (4QFY20); Net Profit Down 81.1% (Quarterly Result Update)

May 29, 2020 | Updated on May 29, 2020

For the quarter ended March 2020, UNITED SPIRITS has posted a net profit of Rs 239 m (down 81.1% YoY). Sales on the other hand came in at Rs 64 bn (down 11.0% YoY). Read on for a complete analysis of UNITED SPIRITS's quarterly results.

UNITED SPIRITS Announces Quarterly Results (2QFY20); Net Profit Down 38.7% (Quarterly Result Update)

Nov 6, 2019 | Updated on Nov 6, 2019

For the quarter ended September 2019, UNITED SPIRITS has posted a net profit of Rs 2 bn (down 38.7% YoY). Sales on the other hand came in at Rs 73 bn (up 2.4% YoY). Read on for a complete analysis of UNITED SPIRITS's quarterly results.

UNITED SPIRITS 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 UNITED SPIRITS for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of UNITED SPIRITS. Also includes updates on the valuation of UNITED SPIRITS.

UNITED SPIRITS 2017-18 Annual Report Analysis (Annual Result Update)

Dec 19, 2018 | Updated on Dec 19, 2018

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

More Views on News

Most Popular

How to Find the Best Stocks for Day Trading - 1(Fast Profits Daily)

Jul 2, 2020

In the first of two videos, I'll show you how to identify the best stocks for intraday trading.

Two Agri Stocks Are Likely to Outperform Even in this Market(Profit Hunter)

Jul 2, 2020

Why we have recommended two agriculture stocks for our Hidden Treasure subscribers. Read on...

These 3 Recent Events Will Impact the Price of Gold(Fast Profits Daily)

Jul 1, 2020

Recent developments in the bullion market may put some short term pressure on gold prices.

Smallcaps Are in a Sweet Spot Again: Are You Buying?(Profit Hunter)

Jul 3, 2020

This is why I believe smallcaps are the place to be in the near future.

More

India's #1 Trader
Reveals His Secrets

The Secret to Increasing Your Trading Profits Today
Get this Special Report, The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

UNITED SPIRITS SHARE PRICE


Jul 14, 2020 (Close)

TRACK UNITED SPIRITS

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

MORE ON UNITED SPIRITS

UNITED SPIRITS - AVI LTD. COMPARISON

COMPARE UNITED SPIRITS WITH

MARKET STATS