PAGE INDUSTRIES Announces Quarterly Results (3QFY21); Net Profit Up 76.6%

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PAGE INDUSTRIES Announces Quarterly Results (3QFY21); Net Profit Up 76.6%
Thu, 11 Feb

PAGE INDUSTRIES has announced its results for the quarter ended December 2020. Here is a detailed performance review of the same:

PAGE INDUSTRIES Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-19*
3
Sep-20*
3
Dec-20*
QoQ ChangeYoY Change
Net SalesRs m7,9387,4039,27125.2%16.8%
Other incomeRs m35374211.8%19.1%
TurnoverRs m7,9737,4409,31225.2%16.8%
ExpensesRs m6,5505,7497,00921.9%7.0%
Gross profitRs m1,3881,6542,26136.8%62.9%
DepreciationRs m164157156-0.2%-4.7%
InterestRs m907574-1.6%-17.5%
Profit before taxRs m1,1691,4592,07342.1%77.3%
TaxRs m29935053652.9%79.2%
Profit after taxRs m8701,1091,53738.6%76.6%
Gross profit margin%17.522.324.4
Effective tax rate%25.624.025.8
Net profit margin%10.914.916.5
* 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 16.8% on a year-on-year (YoY) basis. The expenses were up by 7.0% YoY during the same period.
  • The company's operating profit increased by 62.9% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 24.4% in 3QFY21 as against 17.5% in 3QFY20.
  • Depreciation charges declined by 4.7% and finance costs declined by 17.5% YoY, respectively.
  • Other income increased by 19.1% YoY during the quarter.
  • Net profit for the quarter increased by 76.6% YoY. Net profit margins during the quarter increased from 10.9% in 3QFY20 to 16.5% in 3QFY21.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 25.2% on a quarter-on-quarter (QoQ) basis. The expenses were up by 21.9% QoQ during the same period.
  • The company's operating profit increased by 36.8% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 24.4% in 3QFY21 as against 22.3% in 2QFY20.
  • Net profit for the quarter increased by 38.6% QoQ, while net profit margins increased from 14.9% in 2QFY20 to 16.5% in 3QFY21.

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

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PAGE INDUSTRIES Share Price Performance

Over the last one year, PAGE INDUSTRIES share price has moved up from Rs 24,115.2 to Rs 30,599.0, registering a Gain of Rs 6,483.8 or around 26.9%.

Overall, the S&P BSE SENSEX is up 25.8% over the year.

Current Valuations

At the current price of Rs 30,599.0, the price to earnings (P/E) ratio of PAGE INDUSTRIES stands at 133.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 41.6 times.

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PAGE INDUSTRIES 2019-20 Annual Report Analysis (Annual Result Update)

Dec 9, 2020 | Updated on Dec 9, 2020

Here's an analysis of the annual report of PAGE INDUSTRIES for 2019-20. It includes a full income statement, balance sheet and cash flow analysis of PAGE INDUSTRIES. Also includes updates on the valuation of PAGE INDUSTRIES.

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

Feb 14, 2020 | Updated on Feb 14, 2020

For the quarter ended December 2019, PAGE INDUSTRIES has posted a net profit of Rs 870 m (down 14.6% YoY). Sales on the other hand came in at Rs 8 bn (up 7.5% YoY). Read on for a complete analysis of PAGE INDUSTRIES's quarterly results.

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.

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