MANGALORE CHEM. Announces Quarterly Results (1QFY20); Net Profit Up 98.8%

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MANGALORE CHEM. Announces Quarterly Results (1QFY20); Net Profit Up 98.8%
Fri, 16 Aug

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

MANGALORE CHEM. Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m6,7066,4317,41115.2%10.5%
Other incomeRs m27325057.6%88.2%
TurnoverRs m6,7336,4637,46115.4%10.8%
ExpensesRs m6,3796,1526,97313.4%9.3%
Gross profitRs m32727943756.6%33.7%
DepreciationRs m901041083.7%19.5%
InterestRs m33231237821.2%13.9%
Profit before taxRs m-69-1051
TaxRs m-29-462
Profit after taxRs m-39-600
Gross profit margin%4.94.35.9
Effective tax rate%42.943.3137.1
Net profit margin%-0.6-0.90.0
* 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 10.5% on a year-on-year (YoY) basis. The expenses were up by 9.3% YoY during the same period.
  • The company's operating profit increased by 33.7% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 5.9% in 1QFY20 as against 4.9% in 1QFY19.
  • Depreciation charges increased by 19.5% and finance costs increased by 13.9% YoY, respectively.
  • Other income increased by 88.2% YoY during the quarter.
  • Net profit for the quarter increased by 98.8% YoY. Net profit margins during the quarter increased from -0.6% in 1QFY19 to 0.0% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 15.2% on a quarter-on-quarter (QoQ) basis. The expenses were up by 13.4% QoQ during the same period.
  • The company's operating profit increased by 56.6% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 5.9% in 1QFY20 as against 4.3% in 4QFY19.
  • Net profit for the quarter increased by 99.2% QoQ, while net profit margins increased from -0.9% in 4QFY19 to 0.0% in 1QFY20.

To see how MANGALORE CHEM. has performed over the last eight quarters,please visit here.

MANGALORE CHEM. Share Price Performance

Over the last one year,MANGALORE CHEM. share price has moved down from Rs 55.4 to Rs 27.5, registering a Loss of Rs 27.9 or around 50.4%.

Overall, the S&P BSE SENSEX is down 1.9% over the year.

Current Valuations

At the current price of Rs 27.5, the price to earnings (P/E) ratio of MANGALORE CHEM. stands at 8.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.7 times.

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MANGALORE CHEM. Announces Quarterly Results (2QFY20); Net Profit Down 22.2% (Quarterly Result Update)

Nov 1, 2019 | Updated on Nov 1, 2019

For the quarter ended September 2019, MANGALORE CHEM. has posted a net profit of Rs 226 m (down 22.2% YoY). Sales on the other hand came in at Rs 7 bn (down 26.8% YoY). Read on for a complete analysis of MANGALORE CHEM.'s quarterly results.

MANGALORE CHEM. 2018-19 Annual Report Analysis (Annual Result Update)

Oct 18, 2019 | Updated on Oct 18, 2019

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MANGALORE CHEM. Announces Quarterly Results (4QFY19); Net Profit Down 129.3% (Quarterly Result Update)

May 16, 2019 | Updated on May 16, 2019

For the quarter ended March 2019, MANGALORE CHEM. has posted a net profit of Rs 60 m (down 129.3% YoY). Sales on the other hand came in at Rs 6 bn (up 1.4% YoY). Read on for a complete analysis of MANGALORE CHEM.'s quarterly results.

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