MIRZA INTERNATIONAL Announces Quarterly Results (1QFY20); Net Profit Down 47.1%

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?  

MIRZA INTERNATIONAL Announces Quarterly Results (1QFY20); Net Profit Down 47.1%
Fri, 16 Aug

MIRZA INTERNATIONAL has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

MIRZA INTERNATIONAL Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m2,6182,8703,0787.3%17.6%
Other incomeRs m1171-96.4%-1.6%
TurnoverRs m2,6192,8863,0796.7%17.5%
ExpensesRs m2,1872,5872,7405.9%25.3%
Gross profitRs m43228333819.7%-21.7%
DepreciationRs m799988-11.1%11.9%
InterestRs m739110110.0%36.8%
Profit before taxRs m28010915037.8%-46.4%
TaxRs m100385545.7%-44.9%
Profit after taxRs m181719633.7%-47.1%
Gross profit margin%16.59.911.0
Effective tax rate%35.534.536.5
Net profit margin%6.92.53.1
* 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 17.6% on a year-on-year (YoY) basis. The expenses were up by 25.3% YoY during the same period.
  • The company's operating profit declined by 21.7% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 11.0% in 1QFY20 as against 16.5% in 1QFY19.
  • Depreciation charges increased by 11.9% and finance costs increased by 36.8% YoY, respectively.
  • Other income declined by 1.6% YoY during the quarter.
  • Net profit for the quarter declined by 47.1% YoY. Net profit margins during the quarter declined from 6.9% in 1QFY19 to 3.1% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 7.3% on a quarter-on-quarter (QoQ) basis. The expenses were up by 5.9% QoQ during the same period.
  • The company's operating profit increased by 19.7% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 11.0% in 1QFY20 as against 9.9% in 4QFY19.
  • Net profit for the quarter increased by 33.7% QoQ, while net profit margins increased from 2.5% in 4QFY19 to 3.1% in 1QFY20.

To see how MIRZA INTERNATIONAL has performed over the last eight quarters,please visit here.

MIRZA INTERNATIONAL Share Price Performance

Over the last one year,MIRZA INTERNATIONAL share price has moved down from Rs 99.7 to Rs 55.9, registering a Loss of Rs 43.8 or around 44.0%.

Overall, the S&P BSE SENSEX is down 1.3% over the year.

Current Valuations

At the current price of Rs 55.9, the price to earnings (P/E) ratio of MIRZA INTERNATIONAL stands at 15.0 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.1 times.

Equitymaster requests your view! Post a comment on "MIRZA INTERNATIONAL Announces Quarterly Results (1QFY20); Net Profit Down 47.1%". Click here!

  

Related Views on News

MIRZA INTERNATIONAL Announces Quarterly Results (4QFY19); Net Profit Down 59.7% (Quarterly Result Update)

Jun 13, 2019 | Updated on Jun 13, 2019

For the quarter ended March 2019, MIRZA INTERNATIONAL has posted a net profit of Rs 71 m (down 59.7% YoY). Sales on the other hand came in at Rs 3 bn (up 27.2% YoY). Read on for a complete analysis of MIRZA INTERNATIONAL's quarterly results.

MIRZA INTERNATIONAL 2017-18 Annual Report Analysis (Annual Result Update)

Mar 25, 2019 | Updated on Mar 25, 2019

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

More Views on News

Most Popular

Intraday Trading for a Living(Fast Profits Daily)

Feb 15, 2021

In this video, I'll cover your queries on intraday trading and also share my view on how to decide stop losses and target prices.

Penny Stock Master Series: The Quest for 10X Profits in 10 Years(Profit Hunter)

Feb 12, 2021

This is first of the three part master series. In these editorials, I'll show you how to earn 10X returns from a penny stock portfolio over 10 years.

Top 5 Stocks Mutual Funds Bought and Sold in January 2021(Sector Info)

Feb 16, 2021

A look at what India's top equity mutual funds bought and sold in January 2021.

I Would Recommend this Small-cap Stock Over Tesla(Profit Hunter)

Feb 16, 2021

Do you enjoy reading Tesla and Bitcoin stories? Here's a not so famous small-cap stock to profit from the rise of EVs.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

MIRZA INTERNATIONAL SHARE PRICE


Feb 25, 2021 (Close)

TRACK MIRZA INTERNATIONAL

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

MORE ON MIRZA INTERNATIONAL

MIRZA INTERNATIONAL - CARREFOUR COMPARISON

COMPARE MIRZA INTERNATIONAL WITH

MARKET STATS