PI INDUSTRIES Announces Quarterly Results (4QFY19); Net Profit Up 18.0%

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?  

PI INDUSTRIES Announces Quarterly Results (4QFY19); Net Profit Up 18.0%
Tue, 21 May

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

PI INDUSTRIES Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m6,2517,0758,04813.8%28.7%
Other incomeRs m19115222246.1%16.5%
TurnoverRs m6,4427,2278,27014.4%28.4%
ExpensesRs m4,9045,5896,32913.2%29.1%
Gross profitRs m1,3471,4861,71915.7%27.6%
DepreciationRs m2122342444.3%15.0%
InterestRs m181513-13.3%-29.3%
Profit before taxRs m1,3071,3891,68421.2%28.9%
TaxRs m25331644039.2%74.1%
Profit after taxRs m1,0541,0731,24415.9%18.0%
Gross profit margin%21.521.021.4
Effective tax rate%19.322.826.1
Net profit margin%16.414.815.0
* 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 28.7% on a year-on-year (YoY) basis. The expenses were up by 29.1% YoY during the same period.
  • The company's operating profit increased by 27.6% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 21.4% in 4QFY19 as against 21.5% in 4QFY18.
  • Depreciation charges increased by 15.0% and finance costs declined by 29.3% YoY, respectively.
  • Other income increased by 16.5% YoY during the quarter.
  • Net profit for the quarter increased by 18.0% YoY. Net profit margins during the quarter declined from 16.4% in 4QFY18 to 15.0% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 13.8% on a quarter-on-quarter (QoQ) basis. The expenses were up by 13.2% QoQ during the same period.
  • The company's operating profit increased by 15.7% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 21.4% in 4QFY19 as against 21.0% in 3QFY18.
  • Net profit for the quarter increased by 15.9% QoQ, while net profit margins increased from 14.8% in 3QFY18 to 15.0% in 4QFY19.

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

PI INDUSTRIES Share Price Performance

Over the last one year, PI INDUSTRIES share price has moved up from Rs 843.8 to Rs 1,119.2, registering a Gain of Rs 275.4 or around 32.6%.

Overall, the S&P BSE SENSEX is up 13.9% over the year.

Current Valuations

At the current price of Rs 1,119.2, the price to earnings (P/E) ratio of PI INDUSTRIES stands at 37.5 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 7.9 times.

Equitymaster requests your view! Post a comment on "PI INDUSTRIES Announces Quarterly Results (4QFY19); Net Profit Up 18.0%". Click here!

  

Related Views on News

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

Aug 19, 2019 | Updated on Aug 19, 2019

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

PI INDUSTRIES Announces Quarterly Results (1QFY20); Net Profit Up 23.4% (Quarterly Result Update)

Jul 29, 2019 | Updated on Jul 29, 2019

For the quarter ended June 2019, PI INDUSTRIES has posted a net profit of Rs 1 bn (up 23.4% YoY). Sales on the other hand came in at Rs 8 bn (up 24.5% YoY). Read on for a complete analysis of PI INDUSTRIES's quarterly results.

PI INDUSTRIES Announces Quarterly Results (3QFY19); Net Profit Up 33.0% (Quarterly Result Update)

Feb 15, 2019 | Updated on Feb 15, 2019

For the quarter ended December 2018, PI INDUSTRIES has posted a net profit of Rs 1 bn (up 33.0% YoY). Sales on the other hand came in at Rs 7 bn (up 31.6% YoY). Read on for a complete analysis of PI INDUSTRIES's quarterly results.

Galaxy Surfactants Ltd. (IPO)

Jan 27, 2018

Should you subscribe to the IPO of Galaxy Surfactants Ltd?

More Views on News

Most Popular

Buying these Eight Stocks is Like Owning Your Own Business(Profit Hunter)

Sep 5, 2019

Everyone dreams of owning a business. Here is your chance.

7 Stocks to Buy in the Market Today(The 5 Minute Wrapup)

Sep 5, 2019

The stock market had a four-year bull run starting September 2013. Are we seeing a similar pattern now?

Don't Buy Lakshmi Vilas Bank...Buy this Private Sector Bank with 74% Upside(The 5 Minute Wrapup)

Sep 4, 2019

Lakshmi Vilas Bank is in a vicious cycle. The stock is already down 57% in 2019. Despite this, the retail investors increased their holding.

Buy these 7 Stocks if You Believe in India(The 5 Minute Wrapup)

Sep 12, 2019

News headlines predict gloom and doom for India these days. You should ignore them.

A Recession Proof Stock You Can Bet On(Profit Hunter)

Sep 10, 2019

Usually, the typical horizon period for my smallcap recommendations is 3 to 5 years. But if you ask me, this could be one business that you could own and pass on to future generations.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

PI INDUSTRIES SHARE PRICE


Sep 17, 2019 (Close)

TRACK PI INDUSTRIES

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

PI INDUSTRIES 5-YR ANALYSIS

COMPARE PI INDUSTRIES WITH

MARKET STATS