NLC INDIA LTD Announces Quarterly Results (2QFY20); Net Profit Up 68.9%

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?  

NLC INDIA LTD Announces Quarterly Results (2QFY20); Net Profit Up 68.9%
Tue, 12 Nov

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

NLC INDIA LTD Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-18*
3
Jun-19*
3
Sep-19*
QoQ ChangeYoY Change
Net SalesRs m16,73016,76518,3719.6%9.8%
Other incomeRs m2,0812,2763,80867.3%83.0%
TurnoverRs m18,81119,04022,17916.5%17.9%
ExpensesRs m12,57512,16012,7965.2%1.8%
Gross profitRs m3,9954,5945,56421.1%39.3%
DepreciationRs m2,0601,7161,97014.8%-4.4%
InterestRs m6961,5381,93225.6%177.5%
Profit before taxRs m3,3193,6165,47051.3%64.8%
TaxRs m1,1561,0611,81871.4%57.2%
Profit after taxRs m2,1632,5553,65242.9%68.9%
Gross profit margin%23.927.430.3
Effective tax rate%34.829.333.2
Net profit margin%11.513.416.5
* 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 9.8% on a year-on-year (YoY) basis. The expenses were up by 1.8% YoY during the same period.
  • The company's operating profit increased by 39.3% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 30.3% in 2QFY20 as against 23.9% in 2QFY19.
  • Depreciation charges declined by 4.4% and finance costs increased by 177.5% YoY, respectively.
  • Other income increased by 83.0% YoY during the quarter.
  • Net profit for the quarter increased by 68.9% YoY. Net profit margins during the quarter increased from 11.5% in 2QFY19 to 16.5% in 2QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 9.6% on a quarter-on-quarter (QoQ) basis. The expenses were up by 5.2% QoQ during the same period.
  • The company's operating profit increased by 21.1% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 30.3% in 2QFY20 as against 27.4% in 1QFY19.
  • Net profit for the quarter increased by 42.9% QoQ, while net profit margins increased from 13.4% in 1QFY19 to 16.5% in 2QFY20.

To see how NLC INDIA LTD has performed over the last eight quarters,please visit here.

NOW REVEALED: 5 Best Stocks That Could Possibly Surge Up to 300% In the Long-Term

NLC INDIA LTD Share Price Performance

Over the last one year,NLC INDIA LTD share price has moved down from Rs 80.3 to Rs 55.8, registering a Loss of Rs 24.5 or around 30.5%.

Meanwhile, the S&P BSE POWER Index is trading at Rs 1,958.4 (up 0.2%). Over the last one year it has moved up from 1,940.7 to 1,958.4, a gain of 18 points (up 0.9%).

Overall, the S&P BSE SENSEX is up 15.9% over the year.

Current Valuations

At the current price of Rs 55.8, the price to earnings (P/E) ratio of NLC INDIA LTD stands at 11.5 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.6 times.

Equitymaster requests your view! Post a comment on "NLC INDIA LTD Announces Quarterly Results (2QFY20); Net Profit Up 68.9%". Click here!

  

Related Views on News

NLC INDIA LTD Announces Quarterly Results (1QFY20); Net Profit Up 271.6% (Quarterly Result Update)

Aug 7, 2019 | Updated on Aug 7, 2019

For the quarter ended June 2019, NLC INDIA LTD has posted a net profit of Rs 3 bn (up 271.6% YoY). Sales on the other hand came in at Rs 17 bn (down 1.2% YoY). Read on for a complete analysis of NLC INDIA LTD's quarterly results.

NLC INDIA LTD Announces Quarterly Results (4QFY19); Net Profit Down 150.5% (Quarterly Result Update)

Jun 3, 2019 | Updated on Jun 3, 2019

For the quarter ended March 2019, NLC INDIA LTD has posted a net profit of Rs 2 bn (down 150.5% YoY). Sales on the other hand came in at Rs 19 bn (down 25.2% YoY). Read on for a complete analysis of NLC INDIA LTD's quarterly results.

NLC INDIA LTD 2017-18 Annual Report Analysis (Annual Result Update)

May 10, 2019 | Updated on May 10, 2019

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

More Views on News

Most Popular

Be Prepared to Profit from the Coming Crash in Oil Prices(Fast Profits Daily)

Jun 25, 2020

The stability in crude oil prices will not last much longer. Be ready to make fast profits when the time comes to short crude.

How to Find the Best Stocks for Day Trading - 1(Fast Profits Daily)

Jul 2, 2020

In the first of two videos, I'll show you how to identify the best stocks for intraday trading.

Tata Motors Tripled in 18 Months but You Can Do Even Better. Here's How...(Profit Hunter)

Jun 24, 2020

Rahul is ready for a repeat of his famous 2008 Tata Motors call.

This Ratio Says Smallcaps Are Your Best Bet to Ride the Post Covid Market Rebound(Profit Hunter)

Jun 23, 2020

Here's why I believe that post Covid rebound in smallcaps will be much sharper than largecaps.

More

India's #1 Trader
Reveals His Secrets

The 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

NLC INDIA LTD SHARE PRICE


Jul 3, 2020 (Close)

TRACK NLC INDIA LTD

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

NLC INDIA LTD - ENEL COMPARISON

COMPARE NLC INDIA LTD WITH

MARKET STATS