NCC Announces Quarterly Results (2QFY20); Net Profit Down 34.1%

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?  

NCC Announces Quarterly Results (2QFY20); Net Profit Down 34.1%
Mon, 11 Nov

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

NCC Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-18*
3
Jun-19*
3
Sep-19*
QoQ ChangeYoY Change
Net SalesRs m32,42823,47019,383-17.4%-40.2%
Other incomeRs m192245600144.5%212.8%
TurnoverRs m32,61923,71519,983-15.7%-38.7%
ExpensesRs m28,41920,67616,802-18.7%-40.9%
Gross profitRs m3,5922,7942,442-12.6%-32.0%
DepreciationRs m4775125181.0%8.5%
InterestRs m1,2571,3681,4062.8%11.9%
Profit before taxRs m2,0501,1591,118-3.5%-45.5%
TaxRs m825414310-25.0%-62.4%
Profit after taxRs m1,2267458088.5%-34.1%
Gross profit margin%11.111.912.6
Effective tax rate%40.235.727.7
Net profit margin%3.83.14.0
* 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 40.2% on a year-on-year (YoY) basis. The expenses were down by 40.9% YoY during the same period.
  • The company's operating profit declined by 32.0% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 12.6% in 2QFY20 as against 11.1% in 2QFY19.
  • Depreciation charges increased by 8.5% and finance costs increased by 11.9% YoY, respectively.
  • Other income increased by 212.8% YoY during the quarter.
  • Net profit for the quarter declined by 34.1% YoY. Net profit margins during the quarter increased from 3.8% in 2QFY19 to 4.0% in 2QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 17.4% on a quarter-on-quarter (QoQ) basis. The expenses were down by 18.7% QoQ during the same period.
  • The company's operating profit declined by 12.6% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 12.6% in 2QFY20 as against 11.9% in 1QFY19.
  • Net profit for the quarter increased by 8.5% QoQ, while net profit margins increased from 3.1% in 1QFY19 to 4.0% in 2QFY20.

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

NCC Share Price Performance

Over the last one year,NCC share price has moved down from Rs 83.4 to Rs 56.6, registering a Loss of Rs 26.9 or around 32.2%.

Meanwhile, the S&P BSE REALTY Index is trading at Rs 2,160.7 (up 0.3%). Over the last one year it has moved up from 1,762.8 to 2,160.7, a gain of 398 points (up 22.6%).

Overall, the S&P BSE SENSEX is up 14.3% over the year.

Current Valuations

At the current price of Rs 56.6, the price to earnings (P/E) ratio of NCC stands at 6.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.7 times.

Equitymaster requests your view! Post a comment on "NCC Announces Quarterly Results (2QFY20); Net Profit Down 34.1%". Click here!

  

Related Views on News

NCC Announces Quarterly Results (4QFY20); Net Profit Down 62.4% (Quarterly Result Update)

Jun 1, 2020 | Updated on Jun 1, 2020

For the quarter ended March 2020, NCC has posted a net profit of Rs 667 m (down 62.4% YoY). Sales on the other hand came in at Rs 23 bn (down 37.9% YoY). Read on for a complete analysis of NCC's quarterly results.

Mindspace Business Parks REIT IPO - Should You Apply? (IPO)

Jul 27, 2020

Should you apply for the IPO of Mindspace Business Parks REIT?

NCC Announces Quarterly Results (3QFY20); Net Profit Down 39.2% (Quarterly Result Update)

Feb 11, 2020 | Updated on Feb 11, 2020

For the quarter ended December 2019, NCC has posted a net profit of Rs 1 bn (down 39.2% YoY). Sales on the other hand came in at Rs 23 bn (down 32.5% YoY). Read on for a complete analysis of NCC's quarterly results.

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

Sep 25, 2019 | Updated on Sep 25, 2019

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

More Views on News

Most Popular

It's the Beginning of a New Bull Phase in Smallcaps(Profit Hunter)

Feb 24, 2021

Last time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.

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.

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

NCC SHARE PRICE


Feb 26, 2021 (Close)

TRACK NCC

NCC - NOIDA TOLL BRIDGE COMPARISON

COMPARE NCC WITH

MARKET STATS