RUBY MILLS Announces Quarterly Results (1QFY20); Net Profit Down 60.4%

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RUBY MILLS Announces Quarterly Results (1QFY20); Net Profit Down 60.4%
Thu, 8 Aug

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

RUBY MILLS Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m474552413-25.3%-12.9%
Other incomeRs m471182352.8%-62.1%
TurnoverRs m520553430-22.2%-17.3%
ExpensesRs m366465330-28.9%-9.9%
Gross profitRs m1078883-5.7%-23.2%
DepreciationRs m343429-15.1%-14.3%
InterestRs m22263017.4%37.3%
Profit before taxRs m98284144.4%-58.3%
TaxRs m211810-43.2%-50.1%
Profit after taxRs m781031196.5%-60.4%
Gross profit margin%22.715.920.0
Effective tax rate%20.963.525.0
Net profit margin%15.01.97.2
* 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 12.9% on a year-on-year (YoY) basis. The expenses were down by 9.9% YoY during the same period.
  • The company's operating profit declined by 23.2% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 20.0% in 1QFY20 as against 22.7% in 1QFY19.
  • Depreciation charges declined by 14.3% and finance costs increased by 37.3% YoY, respectively.
  • Other income declined by 62.1% YoY during the quarter.
  • Net profit for the quarter declined by 60.4% YoY. Net profit margins during the quarter declined from 15.0% in 1QFY19 to 7.2% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 25.3% on a quarter-on-quarter (QoQ) basis. The expenses were down by 28.9% QoQ during the same period.
  • The company's operating profit increased by 5.7% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 20.0% in 1QFY20 as against 15.9% in 4QFY19.
  • Net profit for the quarter increased by 196.5% QoQ, while net profit margins increased from 1.8% in 4QFY19 to 7.2% in 1QFY20.

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

RUBY MILLS Share Price Performance

Over the last one year,RUBY MILLS share price has moved down from Rs 333.1 to Rs 161.0, registering a Loss of Rs 172.1 or around 51.7%.

Overall, the S&P BSE SENSEX is down 2.5% over the year.

Current Valuations

At the current price of Rs 161.0, the price to earnings (P/E) ratio of RUBY MILLS stands at 20.5 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.6 times.

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RUBY MILLS Announces Quarterly Results (3QFY19); Net Profit Down 44.5% (Quarterly Result Update)

Feb 25, 2019 | Updated on Feb 25, 2019

For the quarter ended December 2018, RUBY MILLS has posted a net profit of Rs 37 m (down 44.5% YoY). Sales on the other hand came in at Rs 426 m (down 3.7% YoY). Read on for a complete analysis of RUBY MILLS's quarterly results.

RUBY MILLS 2017-18 Annual Report Analysis (Annual Result Update)

Dec 18, 2018 | Updated on Dec 18, 2018

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

RUBY MILLS Announces Quarterly Results (4QFY18); Net Profit Down 6.7% (Quarterly Result Update)

Jun 20, 2018 | Updated on Jun 20, 2018

For the quarter ended March 2018, RUBY MILLS has posted a net profit of Rs 139 m (down 6.7% YoY). Sales on the other hand came in at Rs 603 m (up 11.9% YoY). Read on for a complete analysis of RUBY MILLS's quarterly results.

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