RUCHI SOYA INDUSTRIES Announces Quarterly Results (2QFY19); Net Profit Down 99.5%

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 (2QFY19); Net Profit Down 99.5%
Tue, 27 Nov

RUCHI SOYA INDUSTRIES has announced its results for the quarter ended September 2018. Here is a detailed performance review of the same:

RUCHI SOYA INDUSTRIES Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m30,88829,72931,4275.7%1.7%
Other incomeRs m35197171-13.0%392.3%
TurnoverRs m30,92229,92531,5985.6%2.2%
ExpensesRs m59,05629,33131,0826.0%-47.4%
Gross profitRs m34,799398345-13.4%-99.0%
DepreciationRs m355350335-4.2%-5.8%
InterestRs m2,995192425.7%-99.2%
Profit before taxRs m31,484226157-30.5%-99.5%
TaxRs m2,657000.0%-100.0%
Profit after taxRs m28,827226157-30.5%-99.5%
Gross profit margin%112.71.31.1
Effective tax rate%8.40.00.0
Net profit margin%93.20.80.5
* 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 1.7% on a year-on-year (YoY) basis. The expenses were down by 47.4% YoY during the same period.
  • The company's operating profit declined by 99.0% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 1.1% in 2QFY19 as against 112.7% in 2QFY18.
  • Depreciation charges declined by 5.8% and finance costs declined by 99.2% YoY, respectively.
  • Other income increased by 392.3% YoY during the quarter.
  • Net profit for the quarter declined by 99.5% YoY. Net profit margins during the quarter declined from 93.2% in 2QFY18 to 0.5% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 5.7% on a quarter-on-quarter (QoQ) basis. The expenses were up by 6.0% QoQ during the same period.
  • The company's operating profit declined by 13.4% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 1.1% in 2QFY19 as against 1.3% in 1QFY18.
  • Net profit for the quarter declined by 30.5% QoQ, while net profit margins declined from 0.8% in 1QFY18 to 0.5% in 2QFY19.

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

RUCHI SOYA INDUSTRIES Share Price Performance

Over the last one year, RUCHI SOYA INDUSTRIES share price has moved up from Rs 24.9 to Rs 6.1, registering a Loss of Rs 18.8 or around 75.5%.

Overall, the S&P BSE SENSEX is up 5.0% over the year.

Current Valuations

At the current price of Rs 6.1, the price to earnings (P/E) ratio of RUCHI SOYA INDUSTRIES stands at 0.1 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 "RUCHI SOYA INDUSTRIES Announces Quarterly Results (2QFY19); Net Profit Down 99.5%". 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

Use My Secret to Increase Your Trading Profits Today

Dec 10, 2019

What to do after every trade.

A Simple, 7-Step Checklist for Your Trading Success

Dec 4, 2019

What we can learn from one of the greatest traders to have ever lived.

Blue Chips Are Passe. Get into these Stocks for Outstanding Gains in 2020(Profit Hunter)

Dec 5, 2019

This corner of the market could provide more returns than blue chips in 2020.

Make the Most of the Smallcap Rebound with These Stocks(Profit Hunter)

Dec 3, 2019

Even amid a gloomy economic scenario, there are smallcaps that have grown earnings over last one and a half year and I believe these could be the strongest candidates for a smallcap rebound.

What Is the IPO Euphoria Signaling Us About the Markets?(The 5 Minute Wrapup)

Dec 2, 2019

2019 will be remembered as the year of great money-making IPOs...

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2020
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

RUCHI SOYA INDUSTRIES SHARE PRICE


Nov 13, 2019 (Close)

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 8-QTR ANALYSIS

COMPARE RUCHI SOYA INDUSTRIES WITH

MARKET STATS