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.
UNITED SPIRITS Announces Quarterly Results (4QFY19); Net Profit Down 40.2%

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 (4QFY19); Net Profit Down 40.2%
Tue, 11 Jun

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

UNITED SPIRITS Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m69,00477,63672,156-7.1%4.6%
Other incomeRs m1,210614119-80.6%-90.2%
TurnoverRs m70,21478,25072,275-7.6%2.9%
ExpensesRs m66,26374,15869,320-6.5%4.6%
Gross profitRs m3,1093,2762,771-15.4%-10.9%
DepreciationRs m36735540113.0%9.3%
InterestRs m5915526059.6%2.4%
Profit before taxRs m3,3612,9831,884-36.8%-43.9%
TaxRs m1,2511,059622-41.3%-50.3%
Profit after taxRs m2,1101,9241,262-34.4%-40.2%
Gross profit margin%4.54.23.8
Effective tax rate%37.235.533.0
Net profit margin%3.02.51.7
* 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 4.6% on a year-on-year (YoY) basis. The expenses were up by 4.6% YoY during the same period.
  • The company's operating profit declined by 10.9% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 3.8% in 4QFY19 as against 4.5% in 4QFY18.
  • Depreciation charges increased by 9.3% and finance costs increased by 2.4% YoY, respectively.
  • Other income declined by 90.2% YoY during the quarter.
  • Net profit for the quarter declined by 40.2% YoY. Net profit margins during the quarter declined from 3.0% in 4QFY18 to 1.7% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 7.1% on a quarter-on-quarter (QoQ) basis. The expenses were down by 6.5% QoQ during the same period.
  • The company's operating profit declined by 15.4% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 3.8% in 4QFY19 as against 4.2% in 3QFY18.
  • Net profit for the quarter declined by 34.4% QoQ, while net profit margins declined from 2.5% in 3QFY18 to 1.7% in 4QFY19.

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 674.4 to Rs 565.9, registering a Loss of Rs 108.5 or around 16.1%.

Overall, the S&P BSE SENSEX is up 12.4% over the year.

Current Valuations

At the current price of Rs 565.9, 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 3.4 times.

Equitymaster requests your view! Post a comment on "UNITED SPIRITS Announces Quarterly Results (4QFY19); Net Profit Down 40.2%". Click here!

  

Related Views on News

UNITED SPIRITS Announces Quarterly Results (3QFY19); Net Profit Up 42.8% (Quarterly Result Update)

Jan 24, 2019 | Updated on Jan 24, 2019

For the quarter ended December 2018, UNITED SPIRITS has posted a net profit of Rs 2 bn (up 42.8% YoY). Sales on the other hand came in at Rs 78 bn (up 8.8% YoY). Read on for a complete analysis of UNITED SPIRITS's quarterly results.

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.

UNITED SPIRITS Announces Quarterly Results (2QFY19); Net Profit Up 69.0% (Quarterly Result Update)

Nov 5, 2018 | Updated on Nov 5, 2018

For the quarter ended September 2018, UNITED SPIRITS has posted a net profit of Rs 3 bn (up 69.0% YoY). Sales on the other hand came in at Rs 71 bn (up 14.7% YoY). Read on for a complete analysis of UNITED SPIRITS's quarterly results.

Prataap Snacks Ltd. (IPO)

Sep 21, 2017

Is the Prataap Snacks IPO worth your attention?

Apex frozen food Ltd. (IPO)

Aug 21, 2017

Should you subscribe to the IPO of Apex Frozen Foods Ltd?

More Views on News

Most Popular

2 Stocks from Super Investor Sanjay Bakshi's Portfolio You Can Bet On...(The 5 Minute Wrapup)

Jul 12, 2019

Despite the current fear prevailing in the markets, both these stocks have the potential to deliver in 4-5 years.

The Electric Vehicle Disruption is Great News for this Smallcap Stock(Profit Hunter)

Jul 15, 2019

While big auto makers are finding the transition difficult and crying foul, this small cap company is already leading and benefitting from the electric vehicle disruption in the auto sector.

Here's What to Do with Falling Small Cap Stocks(Profit Hunter)

Jul 10, 2019

There are some great buying opportunities in the market right now - and the small cap space is your best bet.

7 Stocks to Profit From an Irreversible Trend(The 5 Minute Wrapup)

Jul 18, 2019

Credit growth is likely to accelerate in India in the next decade. Here's how you can benefit from this megatrend.

Driverless Cars are Here. And This Tiny Company is in the Lead...(The 5 Minute Wrapup)

Jul 17, 2019

This future-ready company thrives on the pace of technological change.

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

UNITED SPIRITS SHARE PRICE


Jul 23, 2019 03:35 PM

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 - TILAKNAGAR IND. COMPARISON

COMPARE UNITED SPIRITS WITH

MARKET STATS