NILKAMAL Announces Quarterly Results (3QFY21); Net Profit Up 88.0%

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NILKAMAL Announces Quarterly Results (3QFY21); Net Profit Up 88.0%
Thu, 11 Feb

NILKAMAL has announced its results for the quarter ended December 2020. Here is a detailed performance review of the same:

NILKAMAL Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-19*
3
Sep-20*
3
Dec-20*
QoQ ChangeYoY Change
Net SalesRs m5,2264,9215,66515.1%8.4%
Other incomeRs m248231-61.6%32.3%
TurnoverRs m5,2495,0025,69713.9%8.5%
ExpensesRs m4,5964,0554,71916.4%2.7%
Gross profitRs m6308669469.3%50.2%
DepreciationRs m2232292331.4%4.5%
InterestRs m615151-0.6%-16.1%
Profit before taxRs m3706676944.1%87.4%
TaxRs m941681753.9%85.6%
Profit after taxRs m2764995194.1%88.0%
Gross profit margin%12.117.616.7
Effective tax rate%25.425.225.2
Net profit margin%5.310.09.1
* 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 8.4% on a year-on-year (YoY) basis. The expenses were up by 2.7% YoY during the same period.
  • The company's operating profit increased by 50.2% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 16.7% in 3QFY21 as against 12.1% in 3QFY20.
  • Depreciation charges increased by 4.5% and finance costs declined by 16.1% YoY, respectively.
  • Other income increased by 32.3% YoY during the quarter.
  • Net profit for the quarter increased by 88.0% YoY. Net profit margins during the quarter increased from 5.3% in 3QFY20 to 9.1% in 3QFY21.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 15.1% on a quarter-on-quarter (QoQ) basis. The expenses were up by 16.4% QoQ during the same period.
  • The company's operating profit increased by 9.3% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 16.7% in 3QFY21 as against 17.6% in 2QFY20.
  • Net profit for the quarter increased by 4.1% QoQ, while net profit margins declined from 10.0% in 2QFY20 to 9.1% in 3QFY21.

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

Learn: How to Potentially Accumulate Rs 7 Crore in Wealth Over the Long-term

NILKAMAL Share Price Performance

Over the last one year, NILKAMAL share price has moved up from Rs 1,399.5 to Rs 1,713.6, registering a Gain of Rs 314.1 or around 22.4%.

Overall, the S&P BSE SENSEX is up 25.8% over the year.

Current Valuations

At the current price of Rs 1,713.6, the price to earnings (P/E) ratio of NILKAMAL stands at 26.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.7 times.

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NILKAMAL Announces Quarterly Results (1QFY20); Net Profit Down 2.2% (Quarterly Result Update)

Aug 7, 2019 | Updated on Aug 7, 2019

For the quarter ended June 2019, NILKAMAL has posted a net profit of Rs 300 m (down 2.2% YoY). Sales on the other hand came in at Rs 5 bn (down 8.1% YoY). Read on for a complete analysis of NILKAMAL's quarterly results.

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