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.
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 (4QFY19); Net Profit Up 16.9% (Quarterly Result Update)

May 27, 2019 | Updated on May 27, 2019

For the quarter ended March 2019, HEIDELBERG CEMENT has posted a net profit of Rs 609 m (up 16.9% YoY). Sales on the other hand came in at Rs 5 bn (up 2.3% 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.

HEIDELBERG CEMENT Announces Quarterly Results (2QFY19); Net Profit Up 50.5% (Quarterly Result Update)

Nov 9, 2018 | Updated on Nov 9, 2018

For the quarter ended September 2018, HEIDELBERG CEMENT has posted a net profit of Rs 501 m (up 50.5% YoY). Sales on the other hand came in at Rs 5 bn (up 14.1% YoY). Read on for a complete analysis of HEIDELBERG CEMENT's quarterly results.

More Views on News

Most Popular

These 3 Smallcap Stocks are Set to Make the Most of Smallcap Rebound(Profit Hunter)

Jul 9, 2019

As the sense of normalcy returns to the markets, the rebound in the quality smallcaps could be huge.

2 Stocks from Super Investor Sanjay Bakshi's Portfolio You Can Bet On...(The 5 Minute Wrapup)

Jul 12, 2019

Despite the current fear prevailing in the markets, both these stocks have the potential to deliver in 4-5 years.

After Disappointing Budget, Here's a Document that Concerns Largecap and Smallcap Investors(The 5 Minute Wrapup)

Jul 8, 2019

A new 'definition' of the stock universe that triggered the smallcap sell-off is back with the latest list...

Union Budget 2019-2020: More Style Over Substance(The 5 Minute Wrapup)

Jul 5, 2019

Did the Union Budget announce measures to stimulate the economy and bolster corporate earnings growth?

Here's What to Do with Falling Small Cap Stocks(Profit Hunter)

Jul 10, 2019

There are some great buying opportunities in the market right now - and the small cap space is your best bet.

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

HEIDELBERG CEMENT SHARE PRICE


Jul 18, 2019 (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 - PRISM JOHNSON COMPARISON

COMPARE HEIDELBERG CEMENT WITH

MARKET STATS