X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
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 (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.

RUCHI SOYA INDUSTRIES Announces Quarterly Results (1QFY19); Net Profit Down 92.1% (Quarterly Result Update)

Aug 20, 2018 | Updated on Aug 20, 2018

For the quarter ended June 2018, RUCHI SOYA INDUSTRIES has posted a net profit of Rs 226 m (down 92.1% YoY). Sales on the other hand came in at Rs 30 bn (down 8.8% YoY). Read on for a complete analysis of RUCHI SOYA INDUSTRIES's quarterly results.

Prataap Snacks Ltd. (IPO)

Sep 21, 2017

Is the Prataap Snacks IPO worth your attention?

Apex frozen food Ltd. (IPO)

Aug 21, 2017

Should you subscribe to the IPO of Apex Frozen Foods Ltd?

More Views on News

Most Popular

The RCom Bankruptcy: 5 Lessons for Smallcap Investors(Profit Hunter)

Feb 7, 2019

Managements of companies can create or ruin their fortunes. Why is management quality such an important factor in valuing businesses? Read on to find out...

The One Real Estate Stock to Buy Now(The 5 Minute Wrapup)

Feb 13, 2019

The real estate sector is ready to make a comeback. This is the stock to consider buying.

How We Pick the Most Profitable Stocks from the Portfolios of Super Investors(The 5 Minute Wrapup)

Feb 8, 2019

This is the trick to following super investors and not losing money.

Small Caps Under Seige: Could This Be A Once-in-a-Decade Wealth Creating Opportunity?(Profit Hunter)

Feb 14, 2019

Don't let the dark clouds hovering over small caps scare you into hiding; it will rain gold as sentiments recover. Indeed, there is a blood bath. And if you are a first time investor, the correction is deep enough to scare you out of markets.

Don't Be Afraid of the Market; Buy Stocks Like This One(The 5 Minute Wrapup)

Feb 14, 2019

During this tough period in the market, a contrarian approach holds huge potential upside for this Smart Money Secrets stock.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
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


Feb 20, 2019 11:23 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 8-QTR ANALYSIS

COMPARE RUCHI SOYA INDUSTRIES WITH

MARKET STATS