PAGE INDUSTRIES Announces Quarterly Results (3QFY20); Net Profit Down 14.6%

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?  

PAGE INDUSTRIES Announces Quarterly Results (3QFY20); Net Profit Down 14.6%
Fri, 14 Feb

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

PAGE INDUSTRIES Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-18*
3
Sep-19*
3
Dec-19*
QoQ ChangeYoY Change
Net SalesRs m7,3837,7547,9382.4%7.5%
Other incomeRs m955735-39.4%-63.3%
TurnoverRs m7,4787,8117,9732.1%6.6%
ExpensesRs m5,7316,2646,5504.6%14.3%
Gross profitRs m1,6531,4901,388-6.9%-16.0%
DepreciationRs m8214716411.8%101.0%
InterestRs m41819011.0%120.0%
Profit before taxRs m1,6251,3211,169-11.5%-28.1%
TaxRs m60617529970.3%-50.7%
Profit after taxRs m1,0191,145870-24.0%-14.6%
Gross profit margin%22.419.217.5
Effective tax rate%37.313.325.6
Net profit margin%13.614.710.9
* 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 7.5% on a year-on-year (YoY) basis. The expenses were up by 14.3% YoY during the same period.
  • The company's operating profit declined by 16.0% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 17.5% in 3QFY20 as against 22.4% in 3QFY19.
  • Depreciation charges increased by 101.0% and finance costs increased by 120.0% YoY, respectively.
  • Other income declined by 63.3% YoY during the quarter.
  • Net profit for the quarter declined by 14.6% YoY. Net profit margins during the quarter declined from 13.6% in 3QFY19 to 10.9% in 3QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 2.4% on a quarter-on-quarter (QoQ) basis. The expenses were up by 4.6% QoQ during the same period.
  • The company's operating profit declined by 6.9% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 17.5% in 3QFY20 as against 19.2% in 2QFY19.
  • Net profit for the quarter declined by 24.0% QoQ, while net profit margins declined from 14.7% in 2QFY19 to 10.9% in 3QFY20.

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

Airs Tomorrow at 5pm: The Instant Income Summit

PAGE INDUSTRIES Share Price Performance

Over the last one year,PAGE INDUSTRIES share price has moved down from Rs 23,964.5 to Rs 22,340.5, registering a Loss of Rs 1,624.0 or around 6.8%.

Overall, the S&P BSE SENSEX is up 14.8% over the year.

Current Valuations

At the current price of Rs 22,340.5, the price to earnings (P/E) ratio of PAGE INDUSTRIES stands at 64.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 32.1 times.

Equitymaster requests your view! Post a comment on "PAGE INDUSTRIES Announces Quarterly Results (3QFY20); Net Profit Down 14.6%". Click here!

  

Related Views on News

PAGE INDUSTRIES Announces Quarterly Results (1QFY20); Net Profit Down 11.1% (Quarterly Result Update)

Aug 13, 2019 | Updated on Aug 13, 2019

For the quarter ended June 2019, PAGE INDUSTRIES has posted a net profit of Rs 1 bn (down 11.1% YoY). Sales on the other hand came in at Rs 8 bn (up 2.4% YoY). Read on for a complete analysis of PAGE INDUSTRIES's quarterly results.

PAGE INDUSTRIES Announces Quarterly Results (4QFY19); Net Profit Down 20.4% (Quarterly Result Update)

May 27, 2019 | Updated on May 27, 2019

For the quarter ended March 2019, PAGE INDUSTRIES has posted a net profit of Rs 750 m (down 20.4% YoY). Sales on the other hand came in at Rs 6 bn (down 0.1% YoY). Read on for a complete analysis of PAGE INDUSTRIES's quarterly results.

PAGE INDUSTRIES 2017-18 Annual Report Analysis (Annual Result Update)

Dec 21, 2018 | Updated on Dec 21, 2018

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

More Views on News

Most Popular

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.

Two Agri Stocks Are Likely to Outperform Even in this Market(Profit Hunter)

Jul 2, 2020

Why we have recommended two agriculture stocks for our Hidden Treasure subscribers. Read on...

A Warning for Traders: Don't Get Addicted to Hopium(Fast Profits Daily)

Jun 30, 2020

If you are a trader, you must watch out for this dangerous addiction.

Smallcaps Are in a Sweet Spot Again: Are You Buying?(Profit Hunter)

Jul 3, 2020

This is why I believe smallcaps are the place to be in the near future.

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

PAGE INDUSTRIES SHARE PRICE


Jul 9, 2020 (Close)

TRACK PAGE INDUSTRIES

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

MORE ON PAGE INDUSTRIES

PAGE INDUSTRIES - SWAN ENERGY COMPARISON

COMPARE PAGE INDUSTRIES WITH

MARKET STATS