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 (4QFY19); Net Profit Down 42.6%

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 (4QFY19); Net Profit Down 42.6%
Mon, 3 Jun

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

SAIL Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m170,378158,358185,06316.9%8.6%
Other incomeRs m2,2707472,461229.6%8.4%
TurnoverRs m172,649159,105187,52417.9%8.6%
ExpensesRs m146,906132,576162,91822.9%10.9%
Gross profitRs m27,24725,54921,599-15.5%-20.7%
DepreciationRs m8,4858,5478,9034.2%4.9%
InterestRs m9,1698,2518,034-2.6%-12.4%
Profit before taxRs m11,8649,4977,123-25.0%-40.0%
TaxRs m3,7083,3342,439-26.8%-34.2%
Profit after taxRs m8,1566,1634,684-24.0%-42.6%
Gross profit margin%16.016.111.7
Effective tax rate%31.335.134.2
Net profit margin%4.73.92.5
* 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 8.6% on a year-on-year (YoY) basis. The expenses were up by 10.9% YoY during the same period.
  • The company's operating profit declined by 20.7% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 11.7% in 4QFY19 as against 16.0% in 4QFY18.
  • Depreciation charges increased by 4.9% and finance costs declined by 12.4% YoY, respectively.
  • Other income increased by 8.4% YoY during the quarter.
  • Net profit for the quarter declined by 42.6% YoY. Net profit margins during the quarter declined from 4.7% in 4QFY18 to 2.5% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 16.9% on a quarter-on-quarter (QoQ) basis. The expenses were up by 22.9% QoQ during the same period.
  • The company's operating profit declined by 15.5% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 11.7% in 4QFY19 as against 16.1% in 3QFY18.
  • Net profit for the quarter declined by 24.0% QoQ, while net profit margins declined from 3.9% in 3QFY18 to 2.5% in 4QFY19.

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 72.1 to Rs 50.4, registering a Loss of Rs 21.7 or around 30.1%.

Meanwhile, the S&P BSE METAL Index is trading at Rs 10,833.6 (up 0.7%). Over the last one year it has moved down from 13,506.0 to 10,833.6, a gain of 2,672 points (down 19.8%).

Overall, the S&P BSE SENSEX is up 13.1% over the year.

Current Valuations

At the current price of Rs 50.4, the price to earnings (P/E) ratio of SAIL stands at 9.5 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.6 times.

Equitymaster requests your view! Post a comment on "SAIL Announces Quarterly Results (4QFY19); Net Profit Down 42.6%". 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 (2QFY19); Net Profit Up 202.7% (Quarterly Result Update)

Nov 5, 2018 | Updated on Nov 5, 2018

For the quarter ended September 2018, SAIL has posted a net profit of Rs 6 bn (up 202.7% YoY). Sales on the other hand came in at Rs 167 bn (up 22.8% 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

These 3 Smallcap Stocks are Set to Make the Most of Smallcap Rebound(Profit Hunter)

Jul 9, 2019

As the sense of normalcy returns to the markets, the rebound in the quality smallcaps could be huge.

2 Stocks from Super Investor Sanjay Bakshi's Portfolio You Can Bet On...(The 5 Minute Wrapup)

Jul 12, 2019

Despite the current fear prevailing in the markets, both these stocks have the potential to deliver in 4-5 years.

After Disappointing Budget, Here's a Document that Concerns Largecap and Smallcap Investors(The 5 Minute Wrapup)

Jul 8, 2019

A new 'definition' of the stock universe that triggered the smallcap sell-off is back with the latest list...

Union Budget 2019-2020: More Style Over Substance(The 5 Minute Wrapup)

Jul 5, 2019

Did the Union Budget announce measures to stimulate the economy and bolster corporate earnings growth?

Here's What to Do with Falling Small Cap Stocks(Profit Hunter)

Jul 10, 2019

There are some great buying opportunities in the market right now - and the small cap space is your best bet.

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


Jul 18, 2019 (Close)

TRACK SAIL

COMPARE SAIL WITH

MARKET STATS