MONSANTO INDIA Announces Quarterly Results (2QFY19); Net Profit Up 477.0%

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?  

MONSANTO INDIA Announces Quarterly Results (2QFY19); Net Profit Up 477.0%
Fri, 9 Nov

MONSANTO INDIA has announced its results for the quarter ended September 2018. Here is a detailed performance review of the same:

MONSANTO INDIA Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m9602,6061,284-50.8%33.7%
Other incomeRs m42385136.1%21.6%
TurnoverRs m1,0022,6441,335-49.5%33.2%
ExpensesRs m1,0781,8921,057-44.1%-2.0%
Gross profitRs m-118714227-68.3%
DepreciationRs m283030-1.7%6.9%
InterestRs m33313.8%13.8%
Profit before taxRs m-107719245-65.9%
TaxRs m-43594-92.8%
Profit after taxRs m-64660241-63.5%
Gross profit margin%-12.327.417.7
Effective tax rate%40.18.21.7
Net profit margin%-6.425.018.0
* 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 33.7% on a year-on-year (YoY) basis. The expenses were down by 2.0% YoY during the same period.
  • The company's operating profit declined by 291.5% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 17.7% in 2QFY19 as against 12.3% in 2QFY18.
  • Depreciation charges increased by 6.9% and finance costs increased by 13.8% YoY, respectively.
  • Other income increased by 21.6% YoY during the quarter.
  • Net profit for the quarter increased by 477.0% YoY. Net profit margins during the quarter increased from -6.4% in 2QFY18 to 18.0% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 50.8% on a quarter-on-quarter (QoQ) basis. The expenses were down by 44.1% QoQ during the same period.
  • The company's operating profit declined by 68.3% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 17.7% in 2QFY19 as against 27.4% in 1QFY18.
  • Net profit for the quarter declined by 63.5% QoQ, while net profit margins declined from 25.0% in 1QFY18 to 18.0% in 2QFY19.

To see how MONSANTO INDIA has performed over the last eight quarters, please visit here.

MONSANTO INDIA Share Price Performance

Over the last one year, MONSANTO INDIA share price has moved up from Rs 2,462.7 to Rs 2,590.0, registering a Gain of Rs 127.3 or around 5.2%.

Overall, the S&P BSE SENSEX is up 5.3% over the year.

Current Valuations

At the current price of Rs 2,590.0, the price to earnings (P/E) ratio of MONSANTO INDIA stands at 21.6 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 7.0 times.

Equitymaster requests your view! Post a comment on "MONSANTO INDIA Announces Quarterly Results (2QFY19); Net Profit Up 477.0%". Click here!

  

Related Views on News

MONSANTO INDIA Announces Quarterly Results (1QFY20); Net Profit Up 15.1% (Quarterly Result Update)

Jul 25, 2019 | Updated on Jul 25, 2019

For the quarter ended June 2019, MONSANTO INDIA has posted a net profit of Rs 760 m (up 15.1% YoY). Sales on the other hand came in at Rs 3 bn (up 10.1% YoY). Read on for a complete analysis of MONSANTO INDIA's quarterly results.

MONSANTO INDIA 2018-19 Annual Report Analysis (Annual Result Update)

Jun 17, 2019 | Updated on Jun 17, 2019

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

MONSANTO INDIA Announces Quarterly Results (4QFY19); Net Profit Down 57.5% (Quarterly Result Update)

May 2, 2019 | Updated on May 2, 2019

For the quarter ended March 2019, MONSANTO INDIA has posted a net profit of Rs 226 m (down 57.5% YoY). Sales on the other hand came in at Rs 1 bn (down 18.4% YoY). Read on for a complete analysis of MONSANTO INDIA's quarterly results.

MONSANTO INDIA 2017-18 Annual Report Analysis (Annual Result Update)

Sep 24, 2018 | Updated on Sep 24, 2018

Here's an analysis of the annual report of MONSANTO INDIA for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of MONSANTO INDIA. Also includes updates on the valuation of MONSANTO INDIA.

More Views on News

Most Popular

This Smallcap Stock Could be the Next Titan (Up 1,400% in 10 Years)(Profit Hunter)

Feb 11, 2020

A blueprint to latch on to the next 'Crorepati' stock - and an event I hope you won't miss on any account.

How to Become a One Stock Crorepati(Profit Hunter)

Feb 6, 2020

A little known Indian stock that is set to turn around its own fortunes, and your wealth, if you just have the foresight to get in on time...

Will Algo Traders Take Away All Your Profits?(Fast Profits Daily)

Feb 11, 2020

How to fight back against algo trading systems.

Here's Why I Recommended 15 Stocks in One Day Flat(Views On News)

Feb 14, 2020

This proven strategy can give big returns in quick time.

No Change in My Long-Term View on the Rebirth of India Stocks(The 5 Minute Wrapup)

Feb 6, 2020

Why the recent post budget volatility has not affected my bullish view on the Rebirth of India stocks.

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

MONSANTO INDIA SHARE PRICE


Sep 26, 2019 (Close)

TRACK MONSANTO INDIA

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

MORE ON MONSANTO INDIA

MONSANTO INDIA - KANORIA CHEMICALS COMPARISON

COMPARE MONSANTO INDIA WITH

MARKET STATS