SHREE RENUKA SUGARS Announces Quarterly Results (1QFY20); Net Profit Up 11.1%

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 May 13, 2021 on account of Id-Ul-Fitr (Ramzan Id).

SHREE RENUKA SUGARS Announces Quarterly Results (1QFY20); Net Profit Up 11.1%
Thu, 8 Aug

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

SHREE RENUKA SUGARS Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m9,66013,0749,541-27.0%-1.2%
Other incomeRs m171,289858-33.4%4947.1%
TurnoverRs m9,67714,36310,399-27.6%7.5%
ExpensesRs m9,62411,82810,036-15.2%4.3%
Gross profitRs m36579-495-185.5%-1475.0%
DepreciationRs m541523487-6.9%-10.0%
InterestRs m1,3871,3111,44810.5%4.4%
Profit before taxRs m-1,87534-1,572-4723.5%
TaxRs m-870180.0%
Profit after taxRs m-1,78834-1,590-4776.5%
Gross profit margin%0.44.4-5.2
Effective tax rate%4.60.0-1.1
Net profit margin%-18.50.2-15.3
* 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 fell 1.2% on a year-on-year (YoY) basis. The expenses were up by 4.3% YoY during the same period.
  • The company's operating profit declined by 1475.0% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 5.2% in 1QFY20 as against 0.4% in 1QFY19.
  • Depreciation charges declined by 10.0% and finance costs increased by 4.4% YoY, respectively.
  • Other income increased by 4947.1% YoY during the quarter.
  • Net profit for the quarter increased by 11.1% YoY. Net profit margins during the quarter increased from -18.5% in 1QFY19 to -15.3% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 27.0% on a quarter-on-quarter (QoQ) basis. The expenses were down by 15.2% QoQ during the same period.
  • The company's operating profit declined by 185.5% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 5.2% in 1QFY20 as against 4.4% in 4QFY19.
  • Net profit for the quarter declined by 4776.5% QoQ, while net profit margins declined from 0.2% in 4QFY19 to -15.3% in 1QFY20.

To see how SHREE RENUKA SUGARS has performed over the last eight quarters,please visit here.

SHREE RENUKA SUGARS Share Price Performance

Over the last one year,SHREE RENUKA SUGARS share price has moved down from Rs 12.5 to Rs 7.0, registering a Loss of Rs 5.5 or around 43.8%.

Overall, the S&P BSE SENSEX is down 1.4% over the year.

Current Valuations

At the current price of Rs 7.0, the price to earnings (P/E) ratio of SHREE RENUKA SUGARS stands at 3.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at -0.2 times.

Equitymaster requests your view! Post a comment on "SHREE RENUKA SUGARS Announces Quarterly Results (1QFY20); Net Profit Up 11.1%". Click here!

  

Related Views on News

SHREE RENUKA SUGARS Announces Quarterly Results (4QFY19); Net Profit Up 100.8% (Quarterly Result Update)

May 21, 2019 | Updated on May 21, 2019

For the quarter ended March 2019, SHREE RENUKA SUGARS has posted a net profit of Rs 34 m (up 100.8% YoY). Sales on the other hand came in at Rs 13 bn (up 15.5% YoY). Read on for a complete analysis of SHREE RENUKA SUGARS's quarterly results.

More Views on News

Most Popular

The Next Smallcap Winners(Profit Hunter)

Apr 30, 2021

Price is the only due diligence one might require to buy this business.

Time to Buy Smallcaps?(Fast Profits Daily)

Apr 30, 2021

In this video, I'll show you why I favour smallcaps over the Nifty.

Are the Stock Markets Deaf to Covid Agony?(Profit Hunter)

May 6, 2021

Why are markets discounting the economic impact of Covid?

My Secret to Find Breakthrough Stocks(Fast Profits Daily)

May 7, 2021

I've used this trading technique for many years with great success. I'm sharing it with you today.

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

SHREE RENUKA SUGARS SHARE PRICE


May 12, 2021 (Close)

TRACK SHREE RENUKA SUGARS

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

MORE ON SHREE RENUKA SUGARS

SHREE RENUKA SUGARS 8-QTR ANALYSIS

COMPARE SHREE RENUKA SUGARS WITH

MARKET STATS