HEIDELBERG CEMENT Announces Quarterly Results (3QFY19); Net Profit Up 84.4%

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?  

HEIDELBERG CEMENT Announces Quarterly Results (3QFY19); Net Profit Up 84.4%
Thu, 14 Feb

HEIDELBERG CEMENT has announced its results for the quarter ended December 2018. Here is a detailed performance review of the same:

HEIDELBERG CEMENT Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m4,9124,8595,63916.1%14.8%
Other incomeRs m946210265.4%9.3%
TurnoverRs m5,0064,9205,74116.7%14.7%
ExpensesRs m4,0843,6934,41419.5%8.1%
Gross profitRs m8281,1661,2255.1%47.9%
DepreciationRs m253255254-0.5%0.3%
InterestRs m186199170-14.7%-8.9%
Profit before taxRs m48377490416.8%87.3%
TaxRs m16527331916.6%92.9%
Profit after taxRs m31850158616.9%84.4%
Gross profit margin%16.924.021.7
Effective tax rate%34.235.335.2
Net profit margin%6.310.210.2
* 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 14.8% on a year-on-year (YoY) basis. The expenses were up by 8.1% YoY during the same period.
  • The company's operating profit increased by 47.9% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 21.7% in 3QFY19 as against 16.9% in 3QFY18.
  • Depreciation charges increased by 0.3% and finance costs declined by 8.9% YoY, respectively.
  • Other income increased by 9.3% YoY during the quarter.
  • Net profit for the quarter increased by 84.4% YoY. Net profit margins during the quarter increased from 6.3% in 3QFY18 to 10.2% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 16.1% on a quarter-on-quarter (QoQ) basis. The expenses were up by 19.5% QoQ during the same period.
  • The company's operating profit declined by 5.1% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 21.7% in 3QFY19 as against 24.0% in 2QFY18.
  • Net profit for the quarter increased by 16.9% QoQ, while net profit margins increased from 10.2% in 2QFY18 to 10.2% in 3QFY19.

To see how HEIDELBERG CEMENT has performed over the last eight quarters, please visit here.

HEIDELBERG CEMENT Share Price Performance

Over the last one year, HEIDELBERG CEMENT share price has moved up from Rs 161.7 to Rs 146.4, registering a Loss of Rs 15.3 or around 9.4%.

Overall, the S&P BSE SENSEX is up 5.1% over the year.

Current Valuations

At the current price of Rs 146.4, the price to earnings (P/E) ratio of HEIDELBERG CEMENT stands at 15.7 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.2 times.

Equitymaster requests your view! Post a comment on "HEIDELBERG CEMENT Announces Quarterly Results (3QFY19); Net Profit Up 84.4%". Click here!

  

Related Views on News

HEIDELBERG CEMENT Announces Quarterly Results (2QFY20); Net Profit Up 16.1% (Quarterly Result Update)

Nov 6, 2019 | Updated on Nov 6, 2019

For the quarter ended September 2019, HEIDELBERG CEMENT has posted a net profit of Rs 582 m (up 16.1% YoY). Sales on the other hand came in at Rs 5 bn (up 7.5% YoY). Read on for a complete analysis of HEIDELBERG CEMENT's quarterly results.

HEIDELBERG CEMENT 2018-19 Annual Report Analysis (Annual Result Update)

Sep 23, 2019 | Updated on Sep 23, 2019

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

HEIDELBERG CEMENT Announces Quarterly Results (1QFY20); Net Profit Up 54.6% (Quarterly Result Update)

Jul 31, 2019 | Updated on Jul 31, 2019

For the quarter ended June 2019, HEIDELBERG CEMENT has posted a net profit of Rs 790 m (up 54.6% YoY). Sales on the other hand came in at Rs 6 bn (up 9.1% YoY). Read on for a complete analysis of HEIDELBERG CEMENT's quarterly results.

HEIDELBERG CEMENT 2017-18 Annual Report Analysis (Annual Result Update)

Dec 21, 2018 | Updated on Dec 21, 2018

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

More Views on News

Most Popular

How to Buy the Best Safe Stocks in 2020(The 5 Minute Wrapup)

Jan 17, 2020

Don't fall for the safe stocks narrative going around in the stock market these days.

Guess Which Stocks Are Rising at Double the Speed of Sensex(Profit Hunter)

Jan 15, 2020

These stocks can move twice as fast as the Sensex - to take advantage of their money multiplying power get in now as the rally is still just taking shape.. read more to not miss out.

For 1,000%+ Gains, Follow the 8-Year Cycle in the Stock Market(Fast Profits Daily)

Jan 17, 2020

This is how the biggest trading profits are made.

The Best Asset Class to Invest in 2020(Fast Profits Daily)

Jan 24, 2020

Why I'm most bullish on this asset class above all else in 2020.

What the Infosys Results Tell Us About the Next Infosys(The 5 Minute Wrapup)

Jan 15, 2020

If you're interested in the next Infosys, I'll tell you where to look.

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

HEIDELBERG CEMENT SHARE PRICE


Jan 28, 2020 (Close)

TRACK HEIDELBERG CEMENT

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

MORE ON HEIDELBERG CEMENT

HEIDELBERG CEMENT - ANHUICONCH COMPARISON

COMPARE HEIDELBERG CEMENT WITH

MARKET STATS