THE RAMCO CEMENTS Announces Quarterly Results (1QFY20); Net Profit Up 53.6%

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THE RAMCO CEMENTS Announces Quarterly Results (1QFY20); Net Profit Up 53.6%
Thu, 8 Aug

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

THE RAMCO CEMENTS Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m12,19915,32413,839-9.7%13.4%
Other incomeRs m4911182-26.2%65.9%
TurnoverRs m12,24815,43513,921-9.8%13.7%
ExpensesRs m9,69612,07310,246-15.1%5.7%
Gross profitRs m2,5033,2513,59310.5%43.6%
DepreciationRs m735767758-1.2%3.2%
InterestRs m1141281355.4%18.2%
Profit before taxRs m1,7032,4672,78212.8%63.3%
TaxRs m4538138626.0%90.2%
Profit after taxRs m1,2501,6541,92016.1%53.6%
Gross profit margin%20.521.226.0
Effective tax rate%26.633.031.0
Net profit margin%10.210.713.8
* 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 13.4% on a year-on-year (YoY) basis. The expenses were up by 5.7% YoY during the same period.
  • The company's operating profit increased by 43.6% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 26.0% in 1QFY20 as against 20.5% in 1QFY19.
  • Depreciation charges increased by 3.2% and finance costs increased by 18.2% YoY, respectively.
  • Other income increased by 65.9% YoY during the quarter.
  • Net profit for the quarter increased by 53.6% YoY. Net profit margins during the quarter increased from 10.2% in 1QFY19 to 13.8% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 9.7% on a quarter-on-quarter (QoQ) basis. The expenses were down by 15.1% QoQ during the same period.
  • The company's operating profit increased by 10.5% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 26.0% in 1QFY20 as against 21.2% in 4QFY19.
  • Net profit for the quarter increased by 16.1% QoQ, while net profit margins increased from 10.7% in 4QFY19 to 13.8% in 1QFY20.

To see how THE RAMCO CEMENTS has performed over the last eight quarters,please visit here.

THE RAMCO CEMENTS Share Price Performance

Over the last one year,THE RAMCO CEMENTS share price has moved up from Rs 662.0 to Rs 743.4, registering a Gain of Rs 81.4 or around 12.3%.

Overall, the S&P BSE SENSEX is down 2.5% over the year.

Current Valuations

At the current price of Rs 743.4, the price to earnings (P/E) ratio of THE RAMCO CEMENTS stands at 30.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 4.3 times.

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Related Views on News

THE RAMCO CEMENTS 2018-19 Annual Report Analysis (Annual Result Update)

Sep 23, 2019 | Updated on Sep 23, 2019

Here's an analysis of the annual report of THE RAMCO CEMENTS for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of THE RAMCO CEMENTS. Also includes updates on the valuation of THE RAMCO CEMENTS.

THE RAMCO CEMENTS Announces Quarterly Results (4QFY19); Net Profit Up 52.3% (Quarterly Result Update)

May 24, 2019 | Updated on May 24, 2019

For the quarter ended March 2019, THE RAMCO CEMENTS has posted a net profit of Rs 2 bn (up 52.3% YoY). Sales on the other hand came in at Rs 15 bn (up 22.1% YoY). Read on for a complete analysis of THE RAMCO CEMENTS's quarterly results.

THE RAMCO CEMENTS Announces Quarterly Results (3QFY19); Net Profit Down 17.7% (Quarterly Result Update)

Jan 30, 2019 | Updated on Jan 30, 2019

For the quarter ended December 2018, THE RAMCO CEMENTS has posted a net profit of Rs 1 bn (down 17.7% YoY). Sales on the other hand came in at Rs 12 bn (up 14.6% YoY). Read on for a complete analysis of THE RAMCO CEMENTS's quarterly results.

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Oct 16, 2019 12:39 PM

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