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NAVIN FLUORINE Announces Quarterly Results (1QFY19); Net Profit Down 19.4%

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NAVIN FLUORINE Announces Quarterly Results (1QFY19); Net Profit Down 19.4%
Thu, 26 Jul

NAVIN FLUORINE has announced its results for the quarter ended June 2018. Here is a detailed performance review of the same:

NAVIN FLUORINE Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-17*
3
Mar-18*
3
Jun-18*
QoQ ChangeYoY Change
Net SalesRs m2,3812,0842,43116.6%2.1%
Other incomeRs m26320138-81.2%-85.6%
TurnoverRs m2,6442,2852,4698.0%-6.6%
ExpensesRs m1,7871,6241,80010.9%0.7%
Gross profitRs m59446163137.1%6.2%
DepreciationRs m1057569-7.1%-33.9%
InterestRs m060-92.5%35.5%
Profit before taxRs m7525815993.1%-20.3%
TaxRs m2611892037.9%-22.1%
Profit after taxRs m4913933960.8%-19.4%
Gross profit margin%25.022.126.0
Effective tax rate%34.732.433.9
Net profit margin%18.617.216.0
* 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 2.1% on a year-on-year (YoY) basis. The expenses were up by 0.7% YoY during the same period.
  • The company's operating profit increased by 6.2% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 26.0% in 1QFY19 as against 25.0% in 1QFY18.
  • Depreciation charges and finance costs declined by 33.9% YoY and 35.5% YoY, respectively.
  • Other income declined by 85.6% YoY during the quarter.
  • Net profit for the quarter declined by 19.4% YoY. Net profit margins during the quarter declined from 18.6% in 1QFY18 to 16.0% in 1QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 16.6% on a quarter-on-quarter (QoQ) basis. The expenses were up by 10.9% QoQ during the same period.
  • The company's operating profit increased by 37.1% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 26.0% in 1QFY19 as against 22.1% in 4QFY18.
  • Net profit for the quarter increased by 0.8% QoQ, while net profit margins declined from 17.2% in 4QFY18 to 16.0% in 1QFY19.

To see how NAVIN FLUORINE has performed over the last eight quarters, please visit here.

NAVIN FLUORINE Share Price Performance

Over the last one year, NAVIN FLUORINE share price has moved up from Rs 664.8 to Rs 669.1, registering a Gain of Rs 4.3 or around 0.6%.

Overall, the S&P BSE SENSEX is up 0.4% over the year.

Current Valuations

At the current price of Rs 669.1, the price to earnings (P/E) ratio of NAVIN FLUORINE stands at 19.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.3 times.

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NAVIN FLUORINE Announces Quarterly Results (4QFY18); Net Profit Up 33.7% (Quarterly Result Update)

Jul 20, 2018 | Updated on Jul 20, 2018

For the quarter ended March 2018, NAVIN FLUORINE has posted a net profit of Rs 393 m (up 33.7% YoY). Sales on the other hand came in at Rs 2 bn (up 3.9% YoY). Read on for a complete analysis of NAVIN FLUORINE's quarterly results.

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