MARICO LTD Announces Quarterly Results (1QFY19); Net Profit Up 10.3%

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?  

MARICO LTD Announces Quarterly Results (1QFY19); Net Profit Up 10.3%
Mon, 6 Aug

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

MARICO LTD Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-17*
3
Mar-18*
3
Jun-18*
QoQ ChangeYoY Change
Net SalesRs m16,92414,80120,26836.9%19.8%
Other incomeRs m2292292404.9%4.8%
TurnoverRs m17,15315,03020,50836.4%19.6%
ExpensesRs m13,68112,27816,71936.2%22.2%
Gross profitRs m3,2432,5233,55240.8%9.5%
DepreciationRs m211231224-2.8%6.1%
InterestRs m3553530.0%52.4%
Profit before taxRs m3,2252,4683,51442.4%9.0%
TaxRs m86664291342.2%5.4%
Profit after taxRs m2,3591,8262,60142.5%10.3%
Gross profit margin%19.217.017.5
Effective tax rate%26.926.026.0
Net profit margin%13.812.112.7
* 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 19.8% on a year-on-year (YoY) basis. The expenses were up by 22.2% YoY during the same period.
  • The company's operating profit increased by 9.5% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 17.5% in 1QFY19 as against 19.2% in 1QFY18.
  • Depreciation charges and finance costs increased by 6.1% YoY and 52.4% YoY, respectively.
  • Other income increased by 4.8% YoY during the quarter.
  • Net profit for the quarter increased by 10.3% YoY. Net profit margins during the quarter declined from 13.8% in 1QFY18 to 12.7% in 1QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 36.9% on a quarter-on-quarter (QoQ) basis. The expenses were up by 36.2% QoQ during the same period.
  • The company's operating profit increased by 40.8% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 17.5% in 1QFY19 as against 17.0% in 4QFY18.
  • Net profit for the quarter increased by 42.5% QoQ, while net profit margins increased from 12.1% in 4QFY18 to 12.7% in 1QFY19.

To see how MARICO LTD has performed over the last eight quarters, please visit here.

MARICO LTD Share Price Performance

Over the last one year, MARICO LTD share price has moved up from Rs 325.1 to Rs 362.7, registering a Gain of Rs 37.6 or around 11.6%.

Meanwhile, the S&P BSE FMCG Index is trading at Rs 12,114.3 (down 0.4%). Over the last one year it has moved up from 10,031.6 to 12,114.3, a gain of 2,083 points (up 20.8%).

Overall, the S&P BSE SENSEX is up 0.4% over the year.

Current Valuations

At the current price of Rs 362.7, the price to earnings (P/E) ratio of MARICO LTD stands at 54.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 18.2 times.

Equitymaster requests your view! Post a comment on "MARICO LTD Announces Quarterly Results (1QFY19); Net Profit Up 10.3%". Click here!

  

Related Views on News

MARICO Announces Quarterly Results (1QFY20); Net Profit Up 21.1% (Quarterly Result Update)

Aug 5, 2019 | Updated on Aug 5, 2019

For the quarter ended June 2019, MARICO has posted a net profit of Rs 3 bn (up 21.1% YoY). Sales on the other hand came in at Rs 22 bn (up 6.9% YoY). Read on for a complete analysis of MARICO's quarterly results.

MARICO Announces Quarterly Results (4QFY19); Net Profit Up 122.4% (Quarterly Result Update)

May 7, 2019 | Updated on May 7, 2019

For the quarter ended March 2019, MARICO has posted a net profit of Rs 4 bn (up 122.4% YoY). Sales on the other hand came in at Rs 16 bn (up 8.7% YoY). Read on for a complete analysis of MARICO's quarterly results.

More Views on News

Most Popular

My 3 Best Small-cap Stocks to Get Rich in this Market Rebound(Profit Hunter)

Oct 14, 2019

This is once in a decade opportunity to make a killing from smallcap rebound.

Buy these 3 Stocks for Rebound Riches

Oct 18, 2019

Equitymaster's smallcap guru and editor of Hidden Treasure, Richa Agarwal, talks to us about the rebound in the stock market, and the best stocks to profit from it. Listen in...

Two Stocks to Buy in the Great Indian Festival(Profit Hunter)

Oct 11, 2019

Discounts are not just limited to E-tailers. You can buy stocks at 50% off too. Here are two stocks to buy now.

The One Stock I Like in this Market(The 5 Minute Wrapup)

Oct 10, 2019

There are rare periods in markets when you get good quality stocks at attractive valuations. Is this one such period?

5 Smart Money Stocks to Profit from the Market Rebound(The 5 Minute Wrapup)

Oct 11, 2019

Now is the time to put money in these 5 stocks to take advantage of the recovery in the economy and the markets.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2020
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

MARICO SHARE PRICE


Oct 23, 2019 03:14 PM

TRACK MARICO

MARICO - UNILEVER PLC. COMPARISON

COMPARE MARICO WITH

MARKET STATS