MANGALAM CEMENT Announces Quarterly Results (4QFY19); Net Profit Up 137.1%

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?  

MANGALAM CEMENT Announces Quarterly Results (4QFY19); Net Profit Up 137.1%
Wed, 15 May

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

MANGALAM CEMENT Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m3,0423,3493,181-5.0%4.6%
Other incomeRs m607712055.7%100.6%
TurnoverRs m3,1023,4263,301-3.6%6.4%
ExpensesRs m2,9263,2262,984-7.5%2.0%
Gross profitRs m11712319760.7%68.9%
DepreciationRs m114117114-2.3%0.0%
InterestRs m10675181140.9%70.1%
Profit before taxRs m-44822184.8%
TaxRs m106357.9%
Profit after taxRs m-45817113.4%
Gross profit margin%3.83.76.2
Effective tax rate%-2.8-0.324.9
Net profit margin%-1.50.20.5
* 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 2.0% YoY during the same period.
  • The company's operating profit increased by 68.9% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 6.2% in 4QFY19 as against 3.8% in 4QFY18.
  • Depreciation charges increased by 0.0% and finance costs increased by 70.1% YoY, respectively.
  • Other income increased by 100.6% YoY during the quarter.
  • Net profit for the quarter increased by 137.1% YoY. Net profit margins during the quarter increased from -1.5% in 4QFY18 to 0.5% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 5.0% on a quarter-on-quarter (QoQ) basis. The expenses were down by 7.5% QoQ during the same period.
  • The company's operating profit increased by 60.7% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 6.2% in 4QFY19 as against 3.7% in 3QFY18.
  • Net profit for the quarter increased by 113.4% QoQ, while net profit margins increased from 0.2% in 3QFY18 to 0.5% in 4QFY19.

To see how MANGALAM CEMENT has performed over the last eight quarters, please visit here.

MANGALAM CEMENT Share Price Performance

Over the last one year, MANGALAM CEMENT share price has moved up from Rs 295.1 to Rs 251.4, registering a Loss of Rs 43.7 or around 14.8%.

Overall, the S&P BSE SENSEX is up 5.5% over the year.

Current Valuations

At the current price of Rs 251.4, the price to book value (P/BV) ratio of MANGALAM CEMENT stands at 1.3 times.

Equitymaster requests your view! Post a comment on "MANGALAM CEMENT Announces Quarterly Results (4QFY19); Net Profit Up 137.1%". Click here!

  

Related Views on News

MANGALAM CEMENT Announces Quarterly Results (1QFY20); Net Profit Up 316.8% (Quarterly Result Update)

Aug 7, 2019 | Updated on Aug 7, 2019

For the quarter ended June 2019, MANGALAM CEMENT has posted a net profit of Rs 332 m (up 316.8% YoY). Sales on the other hand came in at Rs 3 bn (up 31.1% YoY). Read on for a complete analysis of MANGALAM CEMENT's quarterly results.

MANGALAM CEMENT Announces Quarterly Results (3QFY19); Net Profit Down 71.0% (Quarterly Result Update)

Feb 11, 2019 | Updated on Feb 11, 2019

For the quarter ended December 2018, MANGALAM CEMENT has posted a net profit of Rs 8 m (down 71.0% YoY). Sales on the other hand came in at Rs 3 bn (up 14.7% YoY). Read on for a complete analysis of MANGALAM CEMENT's quarterly results.

MANGALAM CEMENT 2016-17 Annual Report Analysis (Annual Result Update)

Dec 18, 2018 | Updated on Dec 18, 2018

Here's an analysis of the annual report of MANGALAM CEMENT for 2016-17. It includes a full income statement, balance sheet and cash flow analysis of MANGALAM CEMENT. Also includes updates on the valuation of MANGALAM CEMENT.

More Views on News

Most Popular

My Latest Stock Recommendation(Fast Profits Daily)

Jan 10, 2020

The story behind my latest stock recommendation and an important announcement.

Saffron Curtain = Hindutva Rate of Growth?(The Honest Truth)

Jan 8, 2020

Will the Indian economy revert to a sub-3% growth rate?

Bet on These Smallcap Stocks for Success in 2020(Profit Hunter)

Jan 14, 2020

The smallcap rebound finally seems to here... Make sure you aren't too late to make the most of the biggest wealth making opportunity in a decade.

Your Safe Income Options for 2020(Fast Profits Daily)

Jan 9, 2020

What are you safest investing options in 2020 when interest rates fall.

Guess Which Stocks Are Rising at Double the Speed of Sensex(Profit Hunter)

Jan 15, 2020

These stocks can move twice as fast as the Sensex - to take advantage of their money multiplying power get in now as the rally is still just taking shape.. read more to not miss out.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get our special report, Secret to Increasing Your Trading Profits Today Now!
We will never sell or rent your email id.
Please read our Terms

MANGALAM CEMENT SHARE PRICE


Jan 21, 2020 11:25 AM

TRACK MANGALAM CEMENT

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

MORE ON MANGALAM CEMENT

MANGALAM CEMENT 5-YR ANALYSIS

COMPARE MANGALAM CEMENT WITH

MARKET STATS