RUCHI SOYA INDUSTRIES Announces Quarterly Results (1QFY21); Net Profit Down 12.5%

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?  

RUCHI SOYA INDUSTRIES Announces Quarterly Results (1QFY21); Net Profit Down 12.5%
Tue, 1 Sep

RUCHI SOYA INDUSTRIES has announced its results for the quarter ended June 2020. Here is a detailed performance review of the same:

RUCHI SOYA INDUSTRIES Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-19*
3
Mar-20*
3
Jun-20*
QoQ ChangeYoY Change
Net SalesRs m31,12331,91030,431-4.6%-2.2%
Other incomeRs m133181141-22.1%5.6%
TurnoverRs m31,25732,09030,572-4.7%-2.2%
ExpensesRs m30,75131,17629,196-6.4%-5.1%
Gross profitRs m3726901,23579.0%232.0%
DepreciationRs m337342328-4.1%-2.7%
InterestRs m28940925-1.7%3238.9%
Profit before taxRs m140-412123-12.5%
TaxRs m0000.0%0.0%
Profit after taxRs m140-412123-12.5%
Gross profit margin%1.22.24.1
Effective tax rate%0.00.00.0
Net profit margin%0.4-1.30.4
* 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 2.2% on a year-on-year (YoY) basis. The expenses were down by 5.1% YoY during the same period.
  • The company's operating profit increased by 232.0% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 4.1% in 1QFY21 as against 1.2% in 1QFY20.
  • Depreciation charges declined by 2.7% and finance costs increased by 3238.9% YoY, respectively.
  • Other income increased by 5.6% YoY during the quarter.
  • Net profit for the quarter declined by 12.5% YoY. Net profit margins during the quarter declined from 0.4% in 1QFY20 to 0.4% in 1QFY21.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 4.6% on a quarter-on-quarter (QoQ) basis. The expenses were down by 6.4% QoQ during the same period.
  • The company's operating profit increased by 79.0% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 4.1% in 1QFY21 as against 2.2% in 4QFY20.
  • Net profit for the quarter increased by 129.7% QoQ, while net profit margins increased from -1.3% in 4QFY20 to 0.4% in 1QFY21.

To see how RUCHI SOYA INDUSTRIES has performed over the last eight quarters,please visit here.

Know More: Is India's Economic Recovery Sustainable?

RUCHI SOYA INDUSTRIES Share Price Performance

Over the last one year,RUCHI SOYA INDUSTRIES share price has moved up from Rs 22.8 to Rs 618.0, registering a Gain of Rs 595.2 or around 2611.7%.

Overall, the S&P BSE SENSEX is up 5.9% over the year.

Current Valuations

At the current price of Rs 618.0, the price to earnings (P/E) ratio of RUCHI SOYA INDUSTRIES stands at 2.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at -3.9 times.

Equitymaster requests your view! Post a comment on "RUCHI SOYA INDUSTRIES Announces Quarterly Results (1QFY21); Net Profit Down 12.5%". Click here!

  

Related Views on News

RUCHI SOYA INDUSTRIES Announces Quarterly Results (4QFY19); Net Profit Up 107.6% (Quarterly Result Update)

Jun 10, 2019 | Updated on Jun 10, 2019

For the quarter ended March 2019, RUCHI SOYA INDUSTRIES has posted a net profit of Rs 321 m (up 107.6% YoY). Sales on the other hand came in at Rs 31 bn (up 20.1% YoY). Read on for a complete analysis of RUCHI SOYA INDUSTRIES's quarterly results.

RUCHI SOYA INDUSTRIES 2017-18 Annual Report Analysis (Annual Result Update)

Feb 28, 2019 | Updated on Feb 28, 2019

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

RUCHI SOYA INDUSTRIES Announces Quarterly Results (3QFY19); Net Profit Down 99.7% (Quarterly Result Update)

Feb 18, 2019 | Updated on Feb 18, 2019

For the quarter ended December 2018, RUCHI SOYA INDUSTRIES has posted a net profit of Rs 63 m (down 99.7% YoY). Sales on the other hand came in at Rs 35 bn (up 14.8% YoY). Read on for a complete analysis of RUCHI SOYA INDUSTRIES's quarterly results.

More Views on News

Most Popular

My View on ITC(Fast Profits Daily)

Oct 23, 2020

What do the charts say about ITC?

Why ITC and not HUL is my Idea of a Good Investment Right Now(Views On News)

Oct 15, 2020

Rahul Shah discusses HUL's lost decade and its implications for ITC.

Why India's Drone Revolution is a 4x Profit Opportunity(Profit Hunter)

Oct 16, 2020

My research on India's leading defence companies brought me to one major player in drone manufacturing.

The Biggest Wealth Creating Opportunity that No One is Talking About(Profit Hunter)

Oct 14, 2020

The defence sector has gone under the radar despite positive developments. Here's why this sector can't be ignored for long...

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

RUCHI SOYA INDUSTRIES SHARE PRICE


Oct 27, 2020 09:06 AM

TRACK RUCHI SOYA INDUSTRIES

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

MORE ON RUCHI SOYA INDUSTRIES

RUCHI SOYA INDUSTRIES 5-YR ANALYSIS

COMPARE RUCHI SOYA INDUSTRIES WITH

MARKET STATS