PIDILITE INDUSTRIES Announces Quarterly Results (1QFY20); Net Profit Up 22.4%

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?  

PIDILITE INDUSTRIES Announces Quarterly Results (1QFY20); Net Profit Up 22.4%
Thu, 8 Aug

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

PIDILITE INDUSTRIES Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m18,34116,38920,16823.1%10.0%
Other incomeRs m321562399-29.1%24.1%
TurnoverRs m18,66216,95120,56721.3%10.2%
ExpensesRs m14,52413,60215,73115.7%8.3%
Gross profitRs m3,8172,6784,43765.7%16.3%
DepreciationRs m301390377-3.2%25.3%
InterestRs m73667311.7%1.0%
Profit before taxRs m3,7642,7854,38557.5%16.5%
TaxRs m1,3614311,444235.0%6.2%
Profit after taxRs m2,4042,3542,94124.9%22.4%
Gross profit margin%20.816.322.0
Effective tax rate%36.115.532.9
Net profit margin%12.913.914.3
* 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 10.0% on a year-on-year (YoY) basis. The expenses were up by 8.3% YoY during the same period.
  • The company's operating profit increased by 16.3% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 22.0% in 1QFY20 as against 20.8% in 1QFY19.
  • Depreciation charges increased by 25.3% and finance costs increased by 1.0% YoY, respectively.
  • Other income increased by 24.1% YoY during the quarter.
  • Net profit for the quarter increased by 22.4% YoY. Net profit margins during the quarter increased from 12.9% in 1QFY19 to 14.3% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 23.1% on a quarter-on-quarter (QoQ) basis. The expenses were up by 15.7% QoQ during the same period.
  • The company's operating profit increased by 65.7% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 22.0% in 1QFY20 as against 16.3% in 4QFY19.
  • Net profit for the quarter increased by 24.9% QoQ, while net profit margins increased from 13.9% in 4QFY19 to 14.3% in 1QFY20.

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

PIDILITE INDUSTRIES Share Price Performance

Over the last one year,PIDILITE INDUSTRIES share price has moved up from Rs 1,120.5 to Rs 1,312.0, registering a Gain of Rs 191.6 or around 17.1%.

Meanwhile, the S&P BSE FMCG Index is trading at Rs 10,950.7 (up 0.5%). Over the last one year it has moved down from 12,132.3 to 10,950.7, a gain of 1,182 points (down 9.7%).

Overall, the S&P BSE SENSEX is down 2.3% over the year.

Current Valuations

At the current price of Rs 1,312.0, the price to earnings (P/E) ratio of PIDILITE INDUSTRIES stands at 68.7 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 16.2 times.

Equitymaster requests your view! Post a comment on "PIDILITE INDUSTRIES Announces Quarterly Results (1QFY20); Net Profit Up 22.4%". Click here!

  

Related Views on News

PIDILITE INDUSTRIES 2018-19 Annual Report Analysis (Annual Result Update)

Jul 12, 2019 | Updated on Jul 12, 2019

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

PIDILITE INDUSTRIES Announces Quarterly Results (4QFY19); Net Profit Down 5.1% (Quarterly Result Update)

May 16, 2019 | Updated on May 16, 2019

For the quarter ended March 2019, PIDILITE INDUSTRIES has posted a net profit of Rs 2 bn (down 5.1% YoY). Sales on the other hand came in at Rs 16 bn (up 10.3% YoY). Read on for a complete analysis of PIDILITE INDUSTRIES's quarterly results.

PIDILITE INDUSTRIES Announces Quarterly Results (3QFY19); Net Profit Down 8.8% (Quarterly Result Update)

Jan 25, 2019 | Updated on Jan 25, 2019

For the quarter ended December 2018, PIDILITE INDUSTRIES has posted a net profit of Rs 2 bn (down 8.8% YoY). Sales on the other hand came in at Rs 18 bn (up 19.8% YoY). Read on for a complete analysis of PIDILITE INDUSTRIES's quarterly results.

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

Aug 13, 2018 | Updated on Aug 13, 2018

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

More Views on News

Most Popular

My 3 Best Small-cap Stocks to Get Rich in this Market Rebound(Profit Hunter)

Oct 14, 2019

This is once in a decade opportunity to make a killing from smallcap rebound.

Finally, Is the Share Price of Yes Bank Ready for a Rebound?(The 5 Minute Wrapup)

Oct 7, 2019

Here's what every individual investor must know about Yes Bank...

The One Stock I Like in this Market(The 5 Minute Wrapup)

Oct 10, 2019

There are rare periods in markets when you get good quality stocks at attractive valuations. Is this one such period?

Rebound Riches Could be Yours With These Stocks(Profit Hunter)

Oct 4, 2019

The secret to multibagger is not big businesses, but great managements... Here's how to find them to make the most of once in a decade rebound opportunity.

5 Smart Money Stocks to Profit from the Market Rebound(The 5 Minute Wrapup)

Oct 11, 2019

Now is the time to put money in these 5 stocks to take advantage of the recovery in the economy and the markets.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2020
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

PIDILITE INDUSTRIES SHARE PRICE


Oct 17, 2019 10:47 AM

TRACK PIDILITE INDUSTRIES

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

MORE ON PIDILITE INDUSTRIES

PIDILITE INDUSTRIES - P&G COMPARISON

COMPARE PIDILITE INDUSTRIES WITH

MARKET STATS