NLC INDIA LTD Announces Quarterly Results (3QFY19); Net Profit Down 36.5%

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 (3QFY19); Net Profit Down 36.5%
Thu, 14 Feb

NLC INDIA LTD has announced its results for the quarter ended December 2018. Here is a detailed performance review of the same:

NLC INDIA LTD Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m17,06516,73018,73812.0%9.8%
Other incomeRs m1,0102,0811,965-5.6%94.5%
TurnoverRs m18,07518,81120,70310.1%14.5%
ExpensesRs m11,18912,57513,1744.8%17.7%
Gross profitRs m8,1203,9955,40435.3%-33.4%
DepreciationRs m1,9132,0601,783-13.5%-6.8%
InterestRs m41169699643.0%142.4%
Profit before taxRs m6,8073,3194,59138.3%-32.6%
TaxRs m1,8471,1561,43924.4%-22.1%
Profit after taxRs m4,9602,1633,15245.7%-36.5%
Gross profit margin%47.623.928.8
Effective tax rate%27.134.831.3
Net profit margin%27.411.515.2
* 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 17.7% YoY during the same period.
  • The company's operating profit declined by 33.4% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 28.8% in 3QFY19 as against 47.6% in 3QFY18.
  • Depreciation charges declined by 6.8% and finance costs increased by 142.4% YoY, respectively.
  • Other income increased by 94.5% YoY during the quarter.
  • Net profit for the quarter declined by 36.5% YoY. Net profit margins during the quarter declined from 27.4% in 3QFY18 to 15.2% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 12.0% on a quarter-on-quarter (QoQ) basis. The expenses were up by 4.8% QoQ during the same period.
  • The company's operating profit increased by 35.3% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 28.8% in 3QFY19 as against 23.9% in 2QFY18.
  • Net profit for the quarter increased by 45.7% QoQ, while net profit margins increased from 11.5% in 2QFY18 to 15.2% in 3QFY19.

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

NLC INDIA LTD Share Price Performance

Over the last one year, NLC INDIA LTD share price has moved up from Rs 103.3 to Rs 63.3, registering a Loss of Rs 40.0 or around 38.7%.

Meanwhile, the S&P BSE POWER Index is trading at Rs 1,731.7 (down 0.8%). Over the last one year it has moved down from 2,258.3 to 1,731.7, a gain of 527 points (down 23.3%).

Overall, the S&P BSE SENSEX is up 5.1% over the year.

Current Valuations

At the current price of Rs 63.3, the price to earnings (P/E) ratio of NLC INDIA LTD stands at 10.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.8 times.

Equitymaster requests your view! Post a comment on "NLC INDIA LTD Announces Quarterly Results (3QFY19); Net Profit Down 36.5%". Click here!

  

Related Views on News

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

Nov 12, 2019 | Updated on Nov 12, 2019

For the quarter ended September 2019, NLC INDIA LTD has posted a net profit of Rs 4 bn (up 68.9% YoY). Sales on the other hand came in at Rs 18 bn (up 9.8% YoY). Read on for a complete analysis of NLC INDIA LTD's quarterly results.

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 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

Bet on These Smallcap Stocks for Success in 2020(Profit Hunter)

Jan 14, 2020

The smallcap rebound finally seems to here... Make sure you aren't too late to make the most of the biggest wealth making opportunity in a decade.

Guess Which Stocks Are Rising at Double the Speed of Sensex(Profit Hunter)

Jan 15, 2020

These stocks can move twice as fast as the Sensex - to take advantage of their money multiplying power get in now as the rally is still just taking shape.. read more to not miss out.

How to Buy the Best Safe Stocks in 2020(The 5 Minute Wrapup)

Jan 17, 2020

Don't fall for the safe stocks narrative going around in the stock market these days.

For 1,000%+ Gains, Follow the 8-Year Cycle in the Stock Market(Fast Profits Daily)

Jan 17, 2020

This is how the biggest trading profits are made.

What the Infosys Results Tell Us About the Next Infosys(The 5 Minute Wrapup)

Jan 15, 2020

If you're interested in the next Infosys, I'll tell you where to look.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get our special report, 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


Jan 24, 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