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.
MANALI PETRO Announces Quarterly Results (1QFY19); Net Profit Up 646.7%

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?  

MANALI PETRO Announces Quarterly Results (1QFY19); Net Profit Up 646.7%
Tue, 14 Aug

MANALI PETRO has announced its results for the quarter ended June 2018. Here is a detailed performance review of the same:

MANALI PETRO Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-17*
3
Mar-18*
3
Jun-18*
QoQ ChangeYoY Change
Net SalesRs m1,6301,8991,772-6.7%8.7%
Other incomeRs m361063.2%277.6%
TurnoverRs m1,6321,9051,781-6.5%9.1%
ExpensesRs m1,5741,4641,5062.8%-4.4%
Gross profitRs m55435266-38.9%380.4%
DepreciationRs m1923256.0%27.2%
InterestRs m764-36.0%-46.9%
Profit before taxRs m31412247-40.0%690.4%
TaxRs m1014588-39.8%784.9%
Profit after taxRs m21266160-40.1%646.7%
Gross profit margin%3.422.915.0
Effective tax rate%31.635.335.4
Net profit margin%1.314.09.0
* 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 8.7% on a year-on-year (YoY) basis. The expenses were down by 4.4% YoY during the same period.
  • The company's operating profit increased by 380.4% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 15.0% in 1QFY19 as against 3.4% in 1QFY18.
  • Depreciation charges and finance costs increased by 27.2% YoY and 46.9% YoY, respectively.
  • Other income increased by 277.6% YoY during the quarter.
  • Net profit for the quarter increased by 646.7% YoY. Net profit margins during the quarter increased from 1.3% in 1QFY18 to 9.0% in 1QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 6.7% on a quarter-on-quarter (QoQ) basis. The expenses were up by 2.8% QoQ during the same period.
  • The company's operating profit declined by 38.9% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 15.0% in 1QFY19 as against 22.9% in 4QFY18.
  • Net profit for the quarter declined by 40.1% QoQ, while net profit margins declined from 14.0% in 4QFY18 to 9.0% in 1QFY19.

To see how MANALI PETRO has performed over the last eight quarters, please visit here.

MANALI PETRO Share Price Performance

Over the last one year, MANALI PETRO share price has moved up from Rs 32.9 to Rs 41.6, registering a Gain of Rs 8.8 or around 26.6%.

Meanwhile, the S&P BSE OIL & GAS Index is trading at Rs 14,839.3 (up 0.2%). Over the last one year it has moved up from 14,564.2 to 14,839.3, a gain of 275 points (up 1.9%).

Overall, the S&P BSE SENSEX is up 20.4% over the year.

Current Valuations

At the current price of Rs 41.6, the price to earnings (P/E) ratio of MANALI PETRO stands at 10.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.5 times.

Equitymaster requests your view! Post a comment on "MANALI PETRO Announces Quarterly Results (1QFY19); Net Profit Up 646.7%". Click here!

  

Related Views on News

MANALI PETRO Announces Quarterly Results (3QFY19); Net Profit Down 33.1% (Quarterly Result Update)

Feb 14, 2019 | Updated on Feb 14, 2019

For the quarter ended December 2018, MANALI PETRO has posted a net profit of Rs 115 m (down 33.1% YoY). Sales on the other hand came in at Rs 2 bn (up 9.5% YoY). Read on for a complete analysis of MANALI PETRO's quarterly results.

MANALI PETRO Announces Quarterly Results (2QFY19); Net Profit Up 83.4% (Quarterly Result Update)

Nov 9, 2018 | Updated on Nov 9, 2018

For the quarter ended September 2018, MANALI PETRO has posted a net profit of Rs 168 m (up 83.4% YoY). Sales on the other hand came in at Rs 2 bn (up 24.2% YoY). Read on for a complete analysis of MANALI PETRO's quarterly results.

More Views on News

Most Popular

The One Real Estate Stock to Buy Now(The 5 Minute Wrapup)

Feb 13, 2019

The real estate sector is ready to make a comeback. This is the stock to consider buying.

Don't Be Afraid of the Market; Buy Stocks Like This One(The 5 Minute Wrapup)

Feb 14, 2019

During this tough period in the market, a contrarian approach holds huge potential upside for this Smart Money Secrets stock.

Small Caps Under Seige: Could This Be A Once-in-a-Decade Wealth Creating Opportunity?(Profit Hunter)

Feb 14, 2019

Don't let the dark clouds hovering over small caps scare you into hiding; it will rain gold as sentiments recover. Indeed, there is a blood bath. And if you are a first time investor, the correction is deep enough to scare you out of markets.

The 4-Point Plan to Accelerate India to a 10 Trillion Dollar Economy(The 5 Minute Wrapup)

Feb 12, 2019

Two questions I have been eagerly waiting to ask you ever since Budget 2019 was announced.

The Train to 'Small-Cap-Profits Land' is Back on the Station!(Profit Hunter)

Feb 15, 2019

Why its great news that prices for small caps over the last few days have been falling like there's no tomorrow.

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

MANALI PETRO SHARE PRICE


Feb 22, 2019 (Close)

TRACK MANALI PETRO

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

MANALI PETRO 8-QTR ANALYSIS

COMPARE MANALI PETRO WITH

MARKET STATS