SANGAM INDIA Announces Quarterly Results (1QFY20); Net Profit Down 74.2%

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?  

Markets will remain closed on 21st October 2019, due to Assembly Elections in Maharashtra.

SANGAM INDIA Announces Quarterly Results (1QFY20); Net Profit Down 74.2%
Wed, 17 Jul

SANGAM INDIA has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

SANGAM INDIA Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m4,7354,8894,566-6.6%-3.6%
Other incomeRs m27314134.0%50.2%
TurnoverRs m4,7624,9204,607-6.4%-3.3%
ExpensesRs m4,3304,4944,200-6.5%-3.0%
Gross profitRs m405395367-7.3%-9.4%
DepreciationRs m2002002020.9%0.5%
InterestRs m1811811883.9%4.0%
Profit before taxRs m504518-60.5%-64.7%
TaxRs m8297-76.5%-17.9%
Profit after taxRs m421611-30.3%-74.2%
Gross profit margin%8.58.18.0
Effective tax rate%16.765.439.0
Net profit margin%0.90.30.2
* 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 fell 3.6% on a year-on-year (YoY) basis. The expenses were down by 3.0% YoY during the same period.
  • The company's operating profit declined by 9.4% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 8.0% in 1QFY20 as against 8.5% in 1QFY19.
  • Depreciation charges increased by 0.5% and finance costs increased by 4.0% YoY, respectively.
  • Other income increased by 50.2% YoY during the quarter.
  • Net profit for the quarter declined by 74.2% YoY. Net profit margins during the quarter declined from 0.9% in 1QFY19 to 0.2% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 6.6% on a quarter-on-quarter (QoQ) basis. The expenses were down by 6.5% QoQ during the same period.
  • The company's operating profit declined by 7.3% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 8.0% in 1QFY20 as against 8.1% in 4QFY19.
  • Net profit for the quarter declined by 30.3% QoQ, while net profit margins declined from 0.3% in 4QFY19 to 0.2% in 1QFY20.

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

SANGAM INDIA Share Price Performance

Over the last one year,SANGAM INDIA share price has moved down from Rs 77.7 to Rs 47.0, registering a Loss of Rs 30.7 or around 39.5%.

Overall, the S&P BSE SENSEX is up 8.0% over the year.

Current Valuations

At the current price of Rs 47.0, the price to earnings (P/E) ratio of SANGAM INDIA stands at 14.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.4 times.

Equitymaster requests your view! Post a comment on "SANGAM INDIA Announces Quarterly Results (1QFY20); Net Profit Down 74.2%". Click here!

  

Related Views on News

SANGAM INDIA Announces Quarterly Results (3QFY19); Net Profit Down 95.7% (Quarterly Result Update)

Feb 25, 2019 | Updated on Feb 25, 2019

For the quarter ended December 2018, SANGAM INDIA has posted a net profit of Rs 2 m (down 95.7% YoY). Sales on the other hand came in at Rs 4 bn (up 5.7% YoY). Read on for a complete analysis of SANGAM INDIA's quarterly results.

SANGAM INDIA 2017-18 Annual Report Analysis (Annual Result Update)

Dec 18, 2018 | Updated on Dec 18, 2018

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

SANGAM INDIA Announces Quarterly Results (2QFY19); Net Profit Up 2214.3% (Quarterly Result Update)

Nov 27, 2018 | Updated on Nov 27, 2018

For the quarter ended September 2018, SANGAM INDIA has posted a net profit of Rs 97 m (up 2214.3% YoY). Sales on the other hand came in at Rs 5 bn (up 26.9% YoY). Read on for a complete analysis of SANGAM INDIA's quarterly results.

More Views on News

Most Popular

My 3 Best Small-cap Stocks to Get Rich in this Market Rebound(Profit Hunter)

Oct 14, 2019

This is once in a decade opportunity to make a killing from smallcap rebound.

Finally, Is the Share Price of Yes Bank Ready for a Rebound?(The 5 Minute Wrapup)

Oct 7, 2019

Here's what every individual investor must know about Yes Bank...

Two Stocks to Buy in the Great Indian Festival(Profit Hunter)

Oct 11, 2019

Discounts are not just limited to E-tailers. You can buy stocks at 50% off too. Here are two stocks to buy now.

The One Stock I Like in this Market(The 5 Minute Wrapup)

Oct 10, 2019

There are rare periods in markets when you get good quality stocks at attractive valuations. Is this one such period?

5 Smart Money Stocks to Profit from the Market Rebound(The 5 Minute Wrapup)

Oct 11, 2019

Now is the time to put money in these 5 stocks to take advantage of the recovery in the economy and the markets.

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

SANGAM INDIA SHARE PRICE


Oct 18, 2019 (Close)

TRACK SANGAM INDIA

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

SANGAM INDIA - LOVABLE LINGERIE COMPARISON

COMPARE SANGAM INDIA WITH

MARKET STATS