PRAJ IND.LTD Announces Quarterly Results (1QFY20); Net Profit Up 151.3%

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?  

PRAJ IND.LTD Announces Quarterly Results (1QFY20); Net Profit Up 151.3%
Thu, 25 Jul

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

PRAJ IND.LTD Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m1,9163,6822,116-42.5%10.4%
Other incomeRs m34748312.4%143.7%
TurnoverRs m1,9503,7562,199-41.4%12.8%
ExpensesRs m1,8443,2882,035-38.1%10.4%
Gross profitRs m7239481-79.4%12.2%
DepreciationRs m5954575.0%-4.2%
InterestRs m228338.9%259.1%
Profit before taxRs m4541299-75.9%121.9%
TaxRs m107812-85.1%18.2%
Profit after taxRs m3533488-73.7%151.3%
Gross profit margin%3.810.73.8
Effective tax rate%22.119.011.8
Net profit margin%1.88.94.0
* 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 10.4% on a year-on-year (YoY) basis. The expenses were up by 10.4% YoY during the same period.
  • The company's operating profit increased by 12.2% YoY during the quarter. Consequently, operating profit margins remained same and stood at 3.8% in 1QFY20.
  • Depreciation charges declined by 4.2% and finance costs increased by 259.1% YoY, respectively.
  • Other income increased by 143.7% YoY during the quarter.
  • Net profit for the quarter increased by 151.3% YoY. Net profit margins during the quarter increased from 1.8% in 1QFY19 to 4.0% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 42.5% on a quarter-on-quarter (QoQ) basis. The expenses were down by 38.1% QoQ during the same period.
  • The company's operating profit declined by 79.4% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 3.8% in 1QFY20 as against 10.7% in 4QFY19.
  • Net profit for the quarter declined by 73.7% QoQ, while net profit margins declined from 8.9% in 4QFY19 to 4.0% in 1QFY20.

To see how PRAJ IND.LTD has performed over the last eight quarters,please visit here.

PRAJ IND.LTD Share Price Performance

Over the last one year,PRAJ IND.LTD share price has moved up from Rs 80.5 to Rs 122.8, registering a Gain of Rs 42.3 or around 52.5%.

Meanwhile, the S&P BSE CAPITAL GOODS Index is trading at Rs 17,687.9 (down 0.1%). Over the last one year it has moved down from 18,130.0 to 17,687.9, a gain of 442 points (down 2.4%).

Overall, the S&P BSE SENSEX is up 3.3% over the year.

Current Valuations

At the current price of Rs 122.8, the price to earnings (P/E) ratio of PRAJ IND.LTD stands at 30.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.1 times.

Equitymaster requests your view! Post a comment on "PRAJ IND.LTD Announces Quarterly Results (1QFY20); Net Profit Up 151.3%". Click here!

  

Related Views on News

Mazagon Dock Shipbuilders IPO: Should You Apply? (IPO)

Sep 29, 2020

Should you bet on this public sector defence shipbuilder?

PRAJ IND.LTD Announces Quarterly Results (2QFY20); Net Profit Up 80.4% (Quarterly Result Update)

Oct 29, 2019 | Updated on Oct 29, 2019

For the quarter ended September 2019, PRAJ IND.LTD has posted a net profit of Rs 161 m (up 80.4% YoY). Sales on the other hand came in at Rs 3 bn (up 17.2% YoY). Read on for a complete analysis of PRAJ IND.LTD's quarterly results.

PRAJ IND.LTD 2018-19 Annual Report Analysis (Annual Result Update)

Sep 19, 2019 | Updated on Sep 19, 2019

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

PRAJ IND.LTD Announces Quarterly Results (4QFY19); Net Profit Up 24.4% (Quarterly Result Update)

May 17, 2019 | Updated on May 17, 2019

For the quarter ended March 2019, PRAJ IND.LTD has posted a net profit of Rs 334 m (up 24.4% YoY). Sales on the other hand came in at Rs 4 bn (up 34.1% YoY). Read on for a complete analysis of PRAJ IND.LTD's quarterly results.

More Views on News

Most Popular

My Recent Recommendation Will Profit from the Global Supply Chain Crisis(Profit Hunter)

Mar 31, 2021

A tiny chemical company, started in the Licence Raj era, is a great example of a new wealth creating opportunity.

My Stock Trading Strategy(Fast Profits Daily)

Mar 31, 2021

In this video I'll show you exactly how I go about picking stocks for trading.

4 Stocks to Make Your Portfolio Immune to the Second Covid Wave(Profit Hunter)

Apr 6, 2021

Rather than predicting the market, successful investing is more about preparing well and placing your bets accordingly.

If the Market Falls, I Will Do This...(Fast Profits Daily)

Apr 1, 2021

What should you do if the market falls? In this video, I'll tell you what I will do.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

PRAJ IND.LTD SHARE PRICE


Apr 12, 2021 (Close)

TRACK PRAJ IND.LTD

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

PRAJ IND.LTD 8-QTR ANALYSIS

COMPARE PRAJ IND.LTD WITH

MARKET STATS