MERCATOR LTD Announces Quarterly Results (4QFY19); Net Profit Down 350.6%

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?  

MERCATOR LTD Announces Quarterly Results (4QFY19); Net Profit Down 350.6%
Fri, 7 Jun

MERCATOR LTD has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:

MERCATOR LTD Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m9702,669547-79.5%-43.5%
Other incomeRs m1701,60794-94.1%-44.4%
TurnoverRs m1,1404,277642-85.0%-43.7%
ExpensesRs m9835,1581,152-77.7%17.2%
Gross profitRs m-13-2,489-2,418
DepreciationRs m112406212-47.7%89.2%
InterestRs m255325265-18.4%4.0%
Profit before taxRs m-210-1,612-2,801
TaxRs m4158616-81.3%-96.1%
Profit after taxRs m-625-1,697-2,817
Gross profit margin%-1.4-93.2-441.7
Effective tax rate%-197.1-5.3-0.6
Net profit margin%-54.9-39.7-438.9
* 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 fell 43.5% on a year-on-year (YoY) basis. The expenses were up by 17.2% YoY during the same period.
  • The company's operating profit increased by 18081.2% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 441.7% in 4QFY19 as against 1.4% in 4QFY18.
  • Depreciation charges increased by 89.2% and finance costs increased by 4.0% YoY, respectively.
  • Other income declined by 44.4% YoY during the quarter.
  • Net profit for the quarter declined by 350.6% YoY. Net profit margins during the quarter declined from -54.9% in 4QFY18 to -438.9% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 79.5% on a quarter-on-quarter (QoQ) basis. The expenses were down by 77.7% QoQ during the same period.
  • The company's operating profit declined by 2.8% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 441.7% in 4QFY19 as against 93.2% in 3QFY18.
  • Net profit for the quarter declined by 66.0% QoQ, while net profit margins declined from -39.7% in 3QFY18 to -438.9% in 4QFY19.

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

MERCATOR LTD Share Price Performance

Over the last one year, MERCATOR LTD share price has moved up from Rs 24.0 to Rs 2.1, registering a Loss of Rs 21.9 or around 91.4%.

Overall, the S&P BSE SENSEX is up 11.9% over the year.

Current Valuations

At the current price of Rs 2.1, the price to book value (P/BV) ratio of MERCATOR LTD stands at 0.0 times.

Equitymaster requests your view! Post a comment on "MERCATOR LTD Announces Quarterly Results (4QFY19); Net Profit Down 350.6%". Click here!

  

Related Views on News

Sorry! There are no related views on news for this company/sector.

Most Popular

Infosys vs TCS: Which is Better?(Views On News)

Nov 26, 2021

In the post pandemic era, the top two IT companies in India are fighting to capture the growing demand for IT.

This Multibagger Stock Zooms 20% After Dolly Khanna Buys Stake(Views On News)

Nov 24, 2021

Shares of this edible oil company zoomed over 50% in three days after ace investor bought around 1% stake.

6 Popular Stocks that Turned into Penny Stocks(Views On News)

Nov 27, 2021

A look at popular stocks that crashed big time and never recovered, i.e. which went from 'Multibaggers to Multibeggers'.

India's Top 5 Monopoly Stocks to Watch Out for(Views On News)

Nov 30, 2021

These 5 companies dominate their sectors with a huge piece of the pie.

5 Indian Companies Embracing Blockchain Technology(Views On News)

Nov 23, 2021

Blockchain adoption in India was slow in the past. Now, the technology is being well received.

More

Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

MERCATOR SHARE PRICE


Dec 6, 2021 03:36 PM

TRACK MERCATOR

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

MERCATOR - HARIYANA SHIPBREAK COMPARISON

COMPARE MERCATOR WITH

MARKET STATS