RAYMOND Announces Quarterly Results (4QFY19); Net Profit Up 32.8%

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?  

RAYMOND Announces Quarterly Results (4QFY19); Net Profit Up 32.8%
Thu, 2 May

RAYMOND has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:

RAYMOND Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m16,29816,75218,0878.0%11.0%
Other incomeRs m253305284-6.9%12.3%
TurnoverRs m16,55117,05718,3717.7%11.0%
ExpensesRs m14,79215,20616,4188.0%11.0%
Gross profitRs m1,5071,5341,6698.8%10.8%
DepreciationRs m5094805177.6%1.6%
InterestRs m489704494-29.9%0.8%
Profit before taxRs m76265594344.1%23.8%
TaxRs m24120425223.6%4.5%
Profit after taxRs m52145169153.4%32.8%
Gross profit margin%9.29.29.2
Effective tax rate%31.631.126.7
Net profit margin%3.12.63.8
* 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 11.0% on a year-on-year (YoY) basis. The expenses were up by 11.0% YoY during the same period.
  • The company's operating profit increased by 10.8% YoY during the quarter. Consequently, operating profit margins remained same and stood at 9.2% in 4QFY19.
  • Depreciation charges increased by 1.6% and finance costs increased by 0.8% YoY, respectively.
  • Other income increased by 12.3% YoY during the quarter.
  • Net profit for the quarter increased by 32.8% YoY. Net profit margins during the quarter increased from 3.1% in 4QFY18 to 3.8% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 8.0% on a quarter-on-quarter (QoQ) basis. The expenses were up by 8.0% QoQ during the same period.
  • The company's operating profit increased by 8.8% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 9.2% in 4QFY19 as against 9.2% in 3QFY18.
  • Net profit for the quarter increased by 53.4% QoQ, while net profit margins increased from 2.6% in 3QFY18 to 3.8% in 4QFY19.

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

RAYMOND Share Price Performance

Over the last one year, RAYMOND share price has moved up from Rs 1,121.1 to Rs 741.2, registering a Loss of Rs 379.9 or around 33.9%.

Overall, the S&P BSE SENSEX is up 10.8% over the year.

Current Valuations

At the current price of Rs 741.2, the price to earnings (P/E) ratio of RAYMOND stands at 24.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.5 times.

Equitymaster requests your view! Post a comment on "RAYMOND Announces Quarterly Results (4QFY19); Net Profit Up 32.8%". Click here!

  

Related Views on News

RAYMOND Announces Quarterly Results (2QFY20); Net Profit Up 23.8% (Quarterly Result Update)

Nov 1, 2019 | Updated on Nov 1, 2019

For the quarter ended September 2019, RAYMOND has posted a net profit of Rs 824 m (up 23.8% YoY). Sales on the other hand came in at Rs 19 bn (up 1.9% YoY). Read on for a complete analysis of RAYMOND's quarterly results.

RAYMOND Announces Quarterly Results (1QFY20); Net Profit Down 506.9% (Quarterly Result Update)

Aug 5, 2019 | Updated on Aug 5, 2019

For the quarter ended June 2019, RAYMOND has posted a net profit of Rs 118 m (down 506.9% YoY). Sales on the other hand came in at Rs 14 bn (up 14.7% YoY). Read on for a complete analysis of RAYMOND's quarterly results.

RAYMOND 2018-19 Annual Report Analysis (Annual Result Update)

May 27, 2019 | Updated on May 27, 2019

Here's an analysis of the annual report of RAYMOND for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of RAYMOND. Also includes updates on the valuation of RAYMOND.

More Views on News

Most Popular

My Latest Stock Recommendation(Fast Profits Daily)

Jan 10, 2020

The story behind my latest stock recommendation and an important announcement.

Bet on These Smallcap Stocks for Success in 2020(Profit Hunter)

Jan 14, 2020

The smallcap rebound finally seems to here... Make sure you aren't too late to make the most of the biggest wealth making opportunity in a decade.

Your Safe Income Options for 2020(Fast Profits Daily)

Jan 9, 2020

What are you safest investing options in 2020 when interest rates fall.

Guess Which Stocks Are Rising at Double the Speed of Sensex(Profit Hunter)

Jan 15, 2020

These stocks can move twice as fast as the Sensex - to take advantage of their money multiplying power get in now as the rally is still just taking shape.. read more to not miss out.

What the Infosys Results Tell Us About the Next Infosys(The 5 Minute Wrapup)

Jan 15, 2020

If you're interested in the next Infosys, I'll tell you where to look.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get our special report, Secret to Increasing Your Trading Profits Today Now!
We will never sell or rent your email id.
Please read our Terms

RAYMOND SHARE PRICE


Jan 22, 2020 (Close)

TRACK RAYMOND

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

RAYMOND - ORBIT EXPORTS COMPARISON

COMPARE RAYMOND WITH

MARKET STATS