POKARNA Announces Quarterly Results (1QFY20); Net Profit Up 231.6%

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?  

Markets will remain closed on 21st October 2019, due to Assembly Elections in Maharashtra.

POKARNA Announces Quarterly Results (1QFY20); Net Profit Up 231.6%
Mon, 19 Aug

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

POKARNA Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m8211,4471,260-12.9%53.5%
Other incomeRs m2517189.0%-28.0%
TurnoverRs m8461,4631,278-12.6%51.1%
ExpensesRs m625948855-9.8%36.8%
Gross profitRs m195499405-18.8%107.3%
DepreciationRs m479853-45.9%12.6%
InterestRs m675856-2.1%-15.5%
Profit before taxRs m107360314-12.9%193.7%
TaxRs m15959-90.7%-40.6%
Profit after taxRs m9226530515.1%231.6%
Gross profit margin%23.834.532.1
Effective tax rate%13.926.52.8
Net profit margin%10.918.123.8
* 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 53.5% on a year-on-year (YoY) basis. The expenses were up by 36.8% YoY during the same period.
  • The company's operating profit increased by 107.3% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 32.1% in 1QFY20 as against 23.8% in 1QFY19.
  • Depreciation charges increased by 12.6% and finance costs declined by 15.5% YoY, respectively.
  • Other income declined by 28.0% YoY during the quarter.
  • Net profit for the quarter increased by 231.6% YoY. Net profit margins during the quarter increased from 10.9% in 1QFY19 to 23.8% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 12.9% on a quarter-on-quarter (QoQ) basis. The expenses were down by 9.8% QoQ during the same period.
  • The company's operating profit declined by 18.8% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 32.1% in 1QFY20 as against 34.5% in 4QFY19.
  • Net profit for the quarter increased by 15.1% QoQ, while net profit margins increased from 18.1% in 4QFY19 to 23.8% in 1QFY20.

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

POKARNA Share Price Performance

Over the last one year,POKARNA share price has moved down from Rs 149.8 to Rs 133.3, registering a Loss of Rs 16.5 or around 11.0%.

Meanwhile, the S&P BSE METAL Index is trading at Rs 8,887.4 (down 0.5%). Over the last one year it has moved down from 12,879.4 to 8,887.4, a gain of 3,992 points (down 31.0%).

Overall, the S&P BSE SENSEX is down 0.0% over the year.

Current Valuations

At the current price of Rs 133.3, the price to earnings (P/E) ratio of POKARNA stands at 0.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.4 times.

Equitymaster requests your view! Post a comment on "POKARNA Announces Quarterly Results (1QFY20); Net Profit Up 231.6%". Click here!

  

Related Views on News

POKARNA Announces Quarterly Results (4QFY19); Net Profit Up 95.5% (Quarterly Result Update)

Jun 3, 2019 | Updated on Jun 3, 2019

For the quarter ended March 2019, POKARNA has posted a net profit of Rs 265 m (up 95.5% YoY). Sales on the other hand came in at Rs 1 bn (up 63.1% YoY). Read on for a complete analysis of POKARNA's quarterly results.

POKARNA LTD Announces Quarterly Results (3QFY19); Net Profit Up 86.8% (Quarterly Result Update)

Jan 31, 2019 | Updated on Jan 31, 2019

For the quarter ended December 2018, POKARNA LTD has posted a net profit of Rs 271 m (up 86.8% YoY). Sales on the other hand came in at Rs 1 bn (up 35.7% YoY). Read on for a complete analysis of POKARNA LTD's quarterly results.

POKARNA LTD 2017-18 Annual Report Analysis (Annual Result Update)

Jan 3, 2019 | Updated on Jan 3, 2019

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

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.

Two Stocks to Buy in the Great Indian Festival(Profit Hunter)

Oct 11, 2019

Discounts are not just limited to E-tailers. You can buy stocks at 50% off too. Here are two stocks to buy now.

Buy these 3 Stocks for Rebound Riches

Oct 18, 2019

Equitymaster's smallcap guru and editor of Hidden Treasure, Richa Agarwal, talks to us about the rebound in the stock market, and the best stocks to profit from it. Listen in...

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?

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

POKARNA SHARE PRICE


Oct 18, 2019 (Close)

TRACK POKARNA

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

POKARNA - SANCIA GLOBAL COMPARISON

COMPARE POKARNA WITH

MARKET STATS