NOCIL Announces Quarterly Results (4QFY19); Net Profit Down 29.8%

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?  

Markets will remain closed on 6th April, 2020 on account of Mahavir Jayanti.

NOCIL Announces Quarterly Results (4QFY19); Net Profit Down 29.8%
Mon, 13 May

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

NOCIL Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m2,7592,6122,416-7.5%-12.4%
Other incomeRs m32202311.9%-29.9%
TurnoverRs m2,7912,6332,438-7.4%-12.6%
ExpensesRs m1,9131,8871,825-3.3%-4.6%
Gross profitRs m846725591-18.5%-30.2%
DepreciationRs m112566311.9%-43.5%
InterestRs m212128.6%-30.4%
Profit before taxRs m764688549-20.3%-28.2%
TaxRs m255242191-21.1%-25.0%
Profit after taxRs m510447358-19.9%-29.8%
Gross profit margin%30.727.824.5
Effective tax rate%33.335.134.8
Net profit margin%18.317.014.7
* 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 12.4% on a year-on-year (YoY) basis. The expenses were down by 4.6% YoY during the same period.
  • The company's operating profit declined by 30.2% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 24.5% in 4QFY19 as against 30.7% in 4QFY18.
  • Depreciation charges declined by 43.5% and finance costs declined by 30.4% YoY, respectively.
  • Other income declined by 29.9% YoY during the quarter.
  • Net profit for the quarter declined by 29.8% YoY. Net profit margins during the quarter declined from 18.3% in 4QFY18 to 14.7% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 7.5% on a quarter-on-quarter (QoQ) basis. The expenses were down by 3.3% QoQ during the same period.
  • The company's operating profit declined by 18.5% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 24.5% in 4QFY19 as against 27.8% in 3QFY18.
  • Net profit for the quarter declined by 19.9% QoQ, while net profit margins declined from 16.9% in 3QFY18 to 14.7% in 4QFY19.

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

NOCIL Share Price Performance

Over the last one year, NOCIL share price has moved up from Rs 205.7 to Rs 117.7, registering a Loss of Rs 88.1 or around 42.8%.

Meanwhile, the S&P BSE OIL & GAS Index is trading at Rs 14,595.0 (up 0.1%). Over the last one year it has moved down from 14,751.8 to 14,595.0, a gain of 157 points (down 1.1%).

Overall, the S&P BSE SENSEX is up 6.5% over the year.

Current Valuations

At the current price of Rs 117.7, the price to earnings (P/E) ratio of NOCIL stands at 10.5 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.8 times.

Equitymaster requests your view! Post a comment on "NOCIL Announces Quarterly Results (4QFY19); Net Profit Down 29.8%". Click here!

  

Related Views on News

NOCIL Announces Quarterly Results (3QFY20); Net Profit Down 53.7% (Quarterly Result Update)

Jan 31, 2020 | Updated on Jan 31, 2020

For the quarter ended December 2019, NOCIL has posted a net profit of Rs 207 m (down 53.7% YoY). Sales on the other hand came in at Rs 2 bn (down 25.6% YoY). Read on for a complete analysis of NOCIL's quarterly results.

NOCIL 2018-19 Annual Report Analysis (Annual Result Update)

Sep 24, 2019 | Updated on Sep 24, 2019

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

NOCIL Announces Quarterly Results (1QFY20); Net Profit Down 35.6% (Quarterly Result Update)

Aug 1, 2019 | Updated on Aug 1, 2019

For the quarter ended June 2019, NOCIL has posted a net profit of Rs 327 m (down 35.6% YoY). Sales on the other hand came in at Rs 2 bn (down 14.4% YoY). Read on for a complete analysis of NOCIL's quarterly results.

NOCIL LTD. 2017-18 Annual Report Analysis (Annual Result Update)

Dec 20, 2018 | Updated on Dec 20, 2018

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

More Views on News

Most Popular

Sorry Warren Buffett, I'm Following This Man Instead of You in 2020(The 5 Minute Wrapup)

Mar 30, 2020

This man warned of an impending market correction while everyone else was celebrating the renewed optimism in early 2020...

The Biggest Trading Opportunity of 2020 is Here...

Mar 26, 2020

India's #1 trader, Vijay Bhambwani, talks about a hugely profitable trading opportunity which you must know about today!

A Big Trading Opportunity is Coming Your Way Soon(Fast Profits Daily)

Mar 25, 2020

I see a big opportunity to make fast profits on the horizon.

Coronavirus Sell-off Is a Perfect Time to 'Lockdown' this 'Crorepati' Stock(Profit Hunter)

Mar 24, 2020

Coronavirus crisis and panic selling has brought this quality smallcap to multiyear lows, making it a great bargain.

One Stock that is All Charged Up for the Post Coronavirus Rebound(The 5 Minute Wrapup)

Apr 1, 2020

A stock with strong moat is currently trading near 5-year lows.

More

How to Trade the
Coronavirus Crash

Coronavirus Crash
Get this special report, authored by Equitymaster's top analysts, now.
We will never sell or rent your email id.
Please read our Terms

NOCIL SHARE PRICE


Apr 3, 2020 (Close)

TRACK NOCIL

NOCIL - MANALI PETRO COMPARISON

COMPARE NOCIL WITH

MARKET STATS