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

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 10th April, 2020 on account of Good Friday.

POKARNA Announces Quarterly Results (4QFY19); Net Profit Up 95.5%
Mon, 3 Jun

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

POKARNA Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m8871,1961,44721.0%63.1%
Other incomeRs m15131726.9%9.1%
TurnoverRs m9021,2091,46321.0%62.2%
ExpensesRs m65076394824.2%45.9%
Gross profitRs m23743249915.4%110.3%
DepreciationRs m49559876.3%98.4%
InterestRs m756358-8.6%-22.6%
Profit before taxRs m12932736010.1%179.8%
TaxRs m-7569569.5%
Profit after taxRs m135271265-2.2%95.5%
Gross profit margin%26.736.234.5
Effective tax rate%-5.317.226.5
Net profit margin%15.022.418.1
* 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 63.1% on a year-on-year (YoY) basis. The expenses were up by 45.9% YoY during the same period.
  • The company's operating profit increased by 110.3% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 34.5% in 4QFY19 as against 26.7% in 4QFY18.
  • Depreciation charges increased by 98.4% and finance costs declined by 22.6% YoY, respectively.
  • Other income increased by 9.1% YoY during the quarter.
  • Net profit for the quarter increased by 95.5% YoY. Net profit margins during the quarter increased from 15.0% in 4QFY18 to 18.1% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 21.0% on a quarter-on-quarter (QoQ) basis. The expenses were up by 24.2% QoQ during the same period.
  • The company's operating profit declined by 15.4% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 34.5% in 4QFY19 as against 36.2% in 3QFY18.
  • Net profit for the quarter declined by 2.2% QoQ, while net profit margins declined from 22.4% in 3QFY18 to 18.1% in 4QFY19.

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 up from Rs 162.4 to Rs 175.2, registering a Gain of Rs 12.8 or around 7.9%.

Meanwhile, the S&P BSE METAL Index is trading at Rs 10,833.6 (up 0.7%). Over the last one year it has moved down from 13,506.0 to 10,833.6, a gain of 2,672 points (down 19.8%).

Overall, the S&P BSE SENSEX is up 13.1% over the year.

Current Valuations

At the current price of Rs 175.2, the price to earnings (P/E) ratio of POKARNA stands at 1.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.6 times.

Equitymaster requests your view! Post a comment on "POKARNA Announces Quarterly Results (4QFY19); Net Profit Up 95.5%". Click here!

  

Related Views on News

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

Aug 19, 2019 | Updated on Aug 19, 2019

For the quarter ended June 2019, POKARNA has posted a net profit of Rs 305 m (up 231.6% YoY). Sales on the other hand came in at Rs 1 bn (up 53.5% 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

Sorry Warren Buffett, I'm Following This Man Instead of You in 2020(The 5 Minute Wrapup)

Mar 30, 2020

This man warned of an impending market correction while everyone else was celebrating the renewed optimism in early 2020...

One Stock that is All Charged Up for the Post Coronavirus Rebound(The 5 Minute Wrapup)

Apr 1, 2020

A stock with strong moat is currently trading near 5-year lows.

A Safe Stock to Lockdown Now(The 5 Minute Wrapup)

Apr 2, 2020

The market crashc has made strong, established brands attractive. Here's a stock to make the most of this opportunity...

The Insiders See a Buying Opportunity in These Smallcaps Amid Coronavirus Outbreak(Profit Hunter)

Mar 31, 2020

The promoters are buying these smallcaps amid the coronavirus outbreak.

This Smallcap Tech Firm has Risen to the Coronavirus Challenge(Profit Hunter)

Apr 7, 2020

This smallcap tech firm is all set to emerge stronger from the Coronavirus crisis.

More

How to Trade the
Coronavirus Crash

Coronavirus Crash
Get this special report, authored by Equitymaster's top analysts, now.
We will never sell or rent your email id.
Please read our Terms

POKARNA SHARE PRICE


Apr 9, 2020 (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 - SUNTECK REALTY COMPARISON

COMPARE POKARNA WITH

MARKET STATS