RCF Announces Quarterly Results (1QFY20); Net Profit Down 64.6%

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 10th April, 2020 on account of Good Friday.

RCF Announces Quarterly Results (1QFY20); Net Profit Down 64.6%
Tue, 13 Aug

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

RCF Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m19,43522,67024,0956.3%24.0%
Other incomeRs m125307248-19.2%98.8%
TurnoverRs m19,56022,97724,3435.9%24.5%
ExpensesRs m18,49321,40923,2258.5%25.6%
Gross profitRs m9411,495870-41.8%-7.6%
DepreciationRs m377398386-2.8%2.6%
InterestRs m3385786207.3%83.6%
Profit before taxRs m352827112-86.5%-68.2%
TaxRs m12234231-91.1%-75.0%
Profit after taxRs m23048581-83.2%-64.6%
Gross profit margin%4.86.63.6
Effective tax rate%34.741.427.3
Net profit margin%1.22.10.3
* 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 24.0% on a year-on-year (YoY) basis. The expenses were up by 25.6% YoY during the same period.
  • The company's operating profit declined by 7.6% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 3.6% in 1QFY20 as against 4.8% in 1QFY19.
  • Depreciation charges increased by 2.6% and finance costs increased by 83.6% YoY, respectively.
  • Other income increased by 98.8% YoY during the quarter.
  • Net profit for the quarter declined by 64.6% YoY. Net profit margins during the quarter declined from 1.2% in 1QFY19 to 0.3% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 6.3% on a quarter-on-quarter (QoQ) basis. The expenses were up by 8.5% QoQ during the same period.
  • The company's operating profit declined by 41.8% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 3.6% in 1QFY20 as against 6.6% in 4QFY19.
  • Net profit for the quarter declined by 83.2% QoQ, while net profit margins declined from 2.1% in 4QFY19 to 0.3% in 1QFY20.

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

RCF Share Price Performance

Over the last one year,RCF share price has moved down from Rs 67.8 to Rs 45.5, registering a Loss of Rs 22.4 or around 33.0%.

Overall, the S&P BSE SENSEX is down 1.2% over the year.

Current Valuations

At the current price of Rs 45.5, the price to earnings (P/E) ratio of RCF stands at 20.2 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.9 times.

Equitymaster requests your view! Post a comment on "RCF Announces Quarterly Results (1QFY20); Net Profit Down 64.6%". Click here!

  

Related Views on News

TORRENT PHARMA at 52 Week High; BSE 500 Index Up 3.0% (Market Updates)

Apr 9, 2020 | Updated on Apr 9, 2020

TORRENT PHARMA share price has hit a 52-week high. It is presently trading at Rs 2,679. BSE 500 Index is up by 3.0% at 11,726. Within the BSE 500, TORRENT PHARMA (up 2.6%) and RCF (up 15.5%) are among the top gainers, while top losers are PC JEWELLER and THYROCARE TECHNOLOGIES.

RCF Announces Quarterly Results (3QFY20); Net Profit Up 57.5% (Quarterly Result Update)

Feb 17, 2020 | Updated on Feb 17, 2020

For the quarter ended December 2019, RCF has posted a net profit of Rs 786 m (up 57.5% YoY). Sales on the other hand came in at Rs 22 bn (down 5.4% YoY). Read on for a complete analysis of RCF's quarterly results.

RCF 2018-19 Annual Report Analysis (Annual Result Update)

Oct 18, 2019 | Updated on Oct 18, 2019

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

RCF Announces Quarterly Results (4QFY19); Net Profit Up 64.1% (Quarterly Result Update)

May 8, 2019 | Updated on May 8, 2019

For the quarter ended March 2019, RCF has posted a net profit of Rs 485 m (up 64.1% YoY). Sales on the other hand came in at Rs 23 bn (up 15.0% YoY). Read on for a complete analysis of RCF's quarterly results.

RCF 2017-18 Annual Report Analysis (Annual Result Update)

Dec 21, 2018 | Updated on Dec 21, 2018

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

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.

How to Identify a Market Rebound(Fast Profits Daily)

Mar 27, 2020

This very useful indicator can spot a market bottom.

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

RCF SHARE PRICE


Apr 9, 2020 (Close)

TRACK RCF

COMPARE RCF WITH

MARKET STATS