RADICO KHAITAN Announces Quarterly Results (2QFY20); Net Profit Up 58.6%

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?  

RADICO KHAITAN Announces Quarterly Results (2QFY20); Net Profit Up 58.6%
Thu, 14 Nov

RADICO KHAITAN has announced its results for the quarter ended September 2019. Here is a detailed performance review of the same:

RADICO KHAITAN Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-18*
3
Jun-19*
3
Sep-19*
QoQ ChangeYoY Change
Net SalesRs m19,06126,77125,201-5.9%32.2%
Other incomeRs m423319-43.6%-55.5%
TurnoverRs m19,10326,80425,219-5.9%32.0%
ExpensesRs m18,14425,77824,335-5.6%34.1%
Gross profitRs m917992807-18.6%-11.9%
DepreciationRs m1071281323.2%23.1%
InterestRs m9274774.1%-16.2%
Profit before taxRs m760824617-25.1%-18.8%
TaxRs m265276-169-161.1%-163.8%
Profit after taxRs m49554878643.5%58.6%
Gross profit margin%4.83.73.2
Effective tax rate%34.833.5-27.3
Net profit margin%2.62.03.1
* 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 32.2% on a year-on-year (YoY) basis. The expenses were up by 34.1% YoY during the same period.
  • The company's operating profit declined by 11.9% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 3.2% in 2QFY20 as against 4.8% in 2QFY19.
  • Depreciation charges increased by 23.1% and finance costs declined by 16.2% YoY, respectively.
  • Other income declined by 55.5% YoY during the quarter.
  • Net profit for the quarter increased by 58.6% YoY. Net profit margins during the quarter increased from 2.6% in 2QFY19 to 3.1% in 2QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 5.9% on a quarter-on-quarter (QoQ) basis. The expenses were down by 5.6% QoQ during the same period.
  • The company's operating profit declined by 18.6% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 3.2% in 2QFY20 as against 3.7% in 1QFY19.
  • Net profit for the quarter increased by 43.5% QoQ, while net profit margins increased from 2.0% in 1QFY19 to 3.1% in 2QFY20.

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

REGISTER NOW: Rahul Shah's FREE Automatic Income Masterclass

RADICO KHAITAN Share Price Performance

Over the last one year,RADICO KHAITAN share price has moved down from Rs 444.7 to Rs 316.0, registering a Loss of Rs 128.7 or around 28.9%.

Overall, the S&P BSE SENSEX is up 14.4% over the year.

Current Valuations

At the current price of Rs 316.0, the price to earnings (P/E) ratio of RADICO KHAITAN stands at 18.7 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 "RADICO KHAITAN Announces Quarterly Results (2QFY20); Net Profit Up 58.6%". Click here!

  

Related Views on News

RADICO KHAITAN Announces Quarterly Results (3QFY20); Net Profit Up 6.9% (Quarterly Result Update)

Jan 27, 2020 | Updated on Jan 27, 2020

For the quarter ended December 2019, RADICO KHAITAN has posted a net profit of Rs 557 m (up 6.9% YoY). Sales on the other hand came in at Rs 20 bn (down 2.3% YoY). Read on for a complete analysis of RADICO KHAITAN's quarterly results.

Burger King IPO: Should You Subscribe to This QSR Chain Business? (IPO)

Dec 2, 2020

Does the company with one of the fastest-growing QSR chains in India have sound prospects?

RADICO KHAITAN 2018-19 Annual Report Analysis (Annual Result Update)

Sep 16, 2019 | Updated on Sep 16, 2019

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

RADICO KHAITAN Announces Quarterly Results (1QFY20); Net Profit Up 15.6% (Quarterly Result Update)

Aug 13, 2019 | Updated on Aug 13, 2019

For the quarter ended June 2019, RADICO KHAITAN has posted a net profit of Rs 548 m (up 15.6% YoY). Sales on the other hand came in at Rs 27 bn (up 26.6% YoY). Read on for a complete analysis of RADICO KHAITAN's quarterly results.

RADICO KHAITAN 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 RADICO KHAITAN for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of RADICO KHAITAN. Also includes updates on the valuation of RADICO KHAITAN.

More Views on News

Most Popular

Not Infosys or Wipro. India's Next Wealth Creators Could Be Drone Stocks(Profit Hunter)

Nov 25, 2020

India's drones directorate signals the next big defence tech multibaggers.

It's Time to Book Profits(Fast Profits Daily)

Nov 27, 2020

In my first video on Equitymaster, I want to introduce you my proprietary greed and fear index. It's telling us to book some profits in the market.

How the New Margins Will Impact You(Fast Profits Daily)

Nov 25, 2020

The new rules on margins will come into effect from 1st December. Are you ready?

Create Wealth for Yourself in India's Drone Revolution(Profit Hunter)

Nov 27, 2020

The Chinese drone market is 14 times that of India's. Billions may flow into Indian drone companies too. Don't miss out on this wealth creating opportunity.

The Price of Dying, the Cost of Living(The Honest Truth)

Nov 20, 2020

Ajit Dayal presents a cost benefit analysis of the various types of response to covid around the world.

More

Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

RADICO KHAITAN SHARE PRICE


Dec 2, 2020 (Close)

TRACK RADICO KHAITAN

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

MORE ON RADICO KHAITAN

RADICO KHAITAN 8-QTR ANALYSIS

COMPARE RADICO KHAITAN WITH

MARKET STATS