NAGARJUNA AGRICHEM Announces Quarterly Results (3QFY20); Net Profit Up 113.1%

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NAGARJUNA AGRICHEM Announces Quarterly Results (3QFY20); Net Profit Up 113.1%
Fri, 14 Feb

NAGARJUNA AGRICHEM has announced its results for the quarter ended December 2019. Here is a detailed performance review of the same:

NAGARJUNA AGRICHEM Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-18*
3
Sep-19*
3
Dec-19*
QoQ ChangeYoY Change
Net SalesRs m1,9573,0172,387-20.9%22.0%
Other incomeRs m593919-52.4%-68.4%
TurnoverRs m2,0163,0572,406-21.3%19.3%
ExpensesRs m1,8612,8182,226-21.0%19.6%
Gross profitRs m96199161-19.3%68.1%
DepreciationRs m516260-2.9%19.0%
InterestRs m8674773.8%-11.2%
Profit before taxRs m1810342-58.6%139.5%
TaxRs m33812-69.8%259.4%
Profit after taxRs m156431-52.0%113.1%
Gross profit margin%4.96.66.7
Effective tax rate%18.137.227.1
Net profit margin%0.72.11.3
* 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 22.0% on a year-on-year (YoY) basis. The expenses were up by 19.6% YoY during the same period.
  • The company's operating profit increased by 68.1% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 6.7% in 3QFY20 as against 4.9% in 3QFY19.
  • Depreciation charges increased by 19.0% and finance costs declined by 11.2% YoY, respectively.
  • Other income declined by 68.4% YoY during the quarter.
  • Net profit for the quarter increased by 113.1% YoY. Net profit margins during the quarter increased from 0.7% in 3QFY19 to 1.3% in 3QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 20.9% on a quarter-on-quarter (QoQ) basis. The expenses were down by 21.0% QoQ during the same period.
  • The company's operating profit declined by 19.3% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 6.7% in 3QFY20 as against 6.6% in 2QFY19.
  • Net profit for the quarter declined by 52.0% QoQ, while net profit margins declined from 2.1% in 2QFY19 to 1.3% in 3QFY20.

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

New: A Potential 10x Opportunity in the Long Term

NAGARJUNA AGRICHEM Share Price Performance

Over the last one year,NAGARJUNA AGRICHEM share price has moved up from Rs 28.4 to Rs 32.8, registering a Gain of Rs 4.5 or around 15.7%.

Overall, the S&P BSE SENSEX is up 14.4% over the year.

Current Valuations

At the current price of Rs 32.8, the price to book value (P/BV) ratio of NAGARJUNA AGRICHEM stands at 1.8 times.

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NAGARJUNA AGRICHEM 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 NAGARJUNA AGRICHEM for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of NAGARJUNA AGRICHEM. Also includes updates on the valuation of NAGARJUNA AGRICHEM.

NAGARJUNA AGRICHEM Announces Quarterly Results (3QFY19); Net Profit Up 5.8% (Quarterly Result Update)

Feb 20, 2019 | Updated on Feb 20, 2019

For the quarter ended December 2018, NAGARJUNA AGRICHEM has posted a net profit of Rs 14 m (up 5.8% YoY). Sales on the other hand came in at Rs 2 bn (up 4.8% YoY). Read on for a complete analysis of NAGARJUNA AGRICHEM's quarterly results.

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