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.
SAIL Announces Quarterly Results (2QFY19); Net Profit Up 202.7%

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?  

SAIL Announces Quarterly Results (2QFY19); Net Profit Up 202.7%
Mon, 5 Nov

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

SAIL Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m136,174159,072167,1805.1%22.8%
Other incomeRs m4869781,14316.9%135.1%
TurnoverRs m136,661160,050168,3245.2%23.2%
ExpensesRs m127,032133,308143,5307.7%13.0%
Gross profitRs m6,16722,99123,3091.4%277.9%
DepreciationRs m7,6228,1368,2611.5%8.4%
InterestRs m6,4357,5547,7112.1%19.8%
Profit before taxRs m-7,4038,2788,4802.4%
TaxRs m-2,0132,8742,9432.4%
Profit after taxRs m-5,3915,4045,5372.5%
Gross profit margin%4.514.513.9
Effective tax rate%27.234.734.7
Net profit margin%-3.93.43.3
* 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 22.8% on a year-on-year (YoY) basis. The expenses were up by 13.0% YoY during the same period.
  • The company's operating profit increased by 277.9% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 13.9% in 2QFY19 as against 4.5% in 2QFY18.
  • Depreciation charges increased by 8.4% and finance costs increased by 19.8% YoY, respectively.
  • Other income increased by 135.1% YoY during the quarter.
  • Net profit for the quarter increased by 202.7% YoY. Net profit margins during the quarter increased from -3.9% in 2QFY18 to 3.3% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 5.1% on a quarter-on-quarter (QoQ) basis. The expenses were up by 7.7% QoQ during the same period.
  • The company's operating profit declined by 1.4% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 13.9% in 2QFY19 as against 14.5% in 1QFY18.
  • Net profit for the quarter increased by 2.5% QoQ, while net profit margins declined from 3.4% in 1QFY18 to 3.3% in 2QFY19.

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

SAIL Share Price Performance

Over the last one year, SAIL share price has moved up from Rs 86.8 to Rs 66.4, registering a Loss of Rs 20.4 or around 23.5%.

Meanwhile, the S&P BSE METAL Index is trading at Rs 13,078.3 (up 0.0%). Over the last one year it has moved down from 14,943.8 to 13,078.3, a gain of 1,865 points (down 12.5%).

Overall, the S&P BSE SENSEX is up 4.0% over the year.

Current Valuations

At the current price of Rs 66.4, the price to earnings (P/E) ratio of SAIL stands at 14.0 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.7 times.

Equitymaster requests your view! Post a comment on "SAIL Announces Quarterly Results (2QFY19); Net Profit Up 202.7%". Click here!

  

Related Views on News

SAIL Announces Quarterly Results (3QFY19); Net Profit Up 1327.9% (Quarterly Result Update)

Feb 12, 2019 | Updated on Feb 12, 2019

For the quarter ended December 2018, SAIL has posted a net profit of Rs 6 bn (up 1327.9% YoY). Sales on the other hand came in at Rs 158 bn (up 3.3% YoY). Read on for a complete analysis of SAIL's quarterly results.

SAIL 2017-18 Annual Report Analysis (Annual Result Update)

Dec 21, 2018 | Updated on Dec 21, 2018

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

SAIL Announces Quarterly Results (1QFY19); Net Profit Down 167.4% (Quarterly Result Update)

Aug 6, 2018 | Updated on Aug 6, 2018

For the quarter ended June 2018, SAIL has posted a net profit of Rs 5 bn (down 167.4% YoY). Sales on the other hand came in at Rs 159 bn (up 37.4% YoY). Read on for a complete analysis of SAIL's quarterly results.

SAIL: Operating Margins Offer Hope; Bottomline Languishes in Red (Quarterly Results Update - Detailed)

Nov 21, 2017

The company registered good performance at the operating level and reported a positive EBITDA of Rs 9.1 billion during the quarter. However, bleeding continued at PAT level.

SAIL: Bleeding Continues at EBITDA Level... (Quarterly Results Update - Detailed)

Aug 28, 2017

The company registered a negative EBITDA of Rs 839 million during the quarter. This is on the back of an increase in raw material prices.

More Views on News

Most Popular

This is Why the Stock of Jubilant FoodWorks Went Up 1,160%(The 5 Minute Wrapup)

Apr 12, 2019

This critical business strategy has enabled companies to scale their operations faster.

Pocketing Massive Gains with HDFC And HDFC Bank(Profit Hunter)

Apr 12, 2019

Here's how one could have generated gains of Rs 59,250 in 10 days by trading HDFC and HDFC Bank with a capital of Rs 4 lakh.

My Master Series on How to Trade Election 2019(Profit Hunter)

Apr 16, 2019

For 30 years he has watched how elections impact the markets, and practiced how to profit from it. Now he is here...telling you everything. Read on...

Election Series: Follow the World's Biggest Traders To See Where the Money Flows(The 5 Minute Wrapup)

Apr 17, 2019

20% of all the traders bring in 80% of the money. Watch these 20% and you get a working idea of which way the wind is blowing.

A Letter to You from India's No. 1 Trader(The 5 Minute Wrapup)

Apr 15, 2019

It's our great pleasure to introduce Vijay Bhambwani to our readers - we consider Vijay to be India's best trader. Read on to find out why...

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

SAIL SHARE PRICE


Apr 25, 2019 (Close)

TRACK SAIL

COMPARE SAIL WITH

MARKET STATS