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- CERA SANITARY Announces Quarterly Results (4QFY19); Net Profit Up 24.3%
CERA SANITARY Announces Quarterly Results (4QFY19); Net Profit Up 24.3%
Thu, 16 May
CERA SANITARY has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:
CERA SANITARY Quarterly Financials
| No. of Mths Qtr. Ending | 3 Mar-18* | 3 Dec-18* | 3 Mar-19* | QoQ Change | YoY Change | |
|---|---|---|---|---|---|---|
| Net Sales | Rs m | 3,609 | 3,188 | 4,131 | 29.6% | 14.5% |
| Other income | Rs m | 47 | 41 | 57 | 40.1% | 21.0% |
| Turnover | Rs m | 3,656 | 3,229 | 4,188 | 29.7% | 14.5% |
| Expenses | Rs m | 3,100 | 2,729 | 3,493 | 28.0% | 12.7% |
| Gross profit | Rs m | 510 | 460 | 638 | 38.8% | 25.2% |
| Depreciation | Rs m | 66 | 56 | 67 | 19.4% | 1.4% |
| Interest | Rs m | 19 | 7 | 15 | 129.8% | -23.0% |
| Profit before tax | Rs m | 471 | 438 | 613 | 40.1% | 30.1% |
| Tax | Rs m | 165 | 154 | 233 | 51.0% | 40.8% |
| Profit after tax | Rs m | 306 | 284 | 380 | 34.1% | 24.3% |
| Gross profit margin | % | 14.1 | 14.4 | 15.4 | ||
| Effective tax rate | % | 35.1 | 35.2 | 37.9 | ||
| Net profit margin | % | 8.4 | 8.8 | 9.1 |
Interim results exclude extraordinary / exceptional items
Year-on-Year Performance:
- The company's operating income during the quarter grew 14.5% on a year-on-year (YoY) basis. The expenses were up by 12.7% YoY during the same period.
- The company's operating profit increased by 25.2% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 15.4% in 4QFY19 as against 14.1% in 4QFY18.
- Depreciation charges increased by 1.4% and finance costs declined by 23.0% YoY, respectively.
- Other income increased by 21.0% YoY during the quarter.
- Net profit for the quarter increased by 24.3% YoY. Net profit margins during the quarter increased from 8.4% in 4QFY18 to 9.1% in 4QFY19.
Quarter-on-Quarter Performance:
- The company's operating income during the quarter grew 29.6% on a quarter-on-quarter (QoQ) basis. The expenses were up by 28.0% QoQ during the same period.
- The company's operating profit increased by 38.8% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 15.4% in 4QFY19 as against 14.4% in 3QFY18.
- Net profit for the quarter increased by 34.1% QoQ, while net profit margins increased from 8.8% in 3QFY18 to 9.1% in 4QFY19.
To see how CERA SANITARY has performed over the last eight quarters, please visit here.
CERA SANITARY Share Price Performance
Over the last one year, CERA SANITARY share price has moved up from Rs 2,949.2 to Rs 2,828.2, registering a Loss of Rs 121.0 or around 4.1%.
Overall, the S&P BSE SENSEX is up 4.5% over the year.
Current Valuations
At the current price of Rs 2,828.2, the price to earnings (P/E) ratio of CERA SANITARY stands at 31.1 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 5.9 times.
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Aug 2, 2019 | Updated on Aug 2, 2019For the quarter ended June 2019, CERA SANITARY has posted a net profit of Rs 191 m (down 7.0% YoY). Sales on the other hand came in at Rs 3 bn (down 4.8% YoY). Read on for a complete analysis of CERA SANITARY's quarterly results.
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Oct 14, 2019 (Close)
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