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

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?  

SANGAM INDIA Announces Quarterly Results (3QFY19); Net Profit Down 95.7%
Mon, 25 Feb

SANGAM INDIA has announced its results for the quarter ended December 2018. Here is a detailed performance review of the same:

SANGAM INDIA Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m4,1654,7094,404-6.5%5.7%
Other incomeRs m671616-3.7%-76.5%
TurnoverRs m4,2324,7254,419-6.5%4.4%
ExpensesRs m3,8614,2284,081-3.5%5.7%
Gross profitRs m304481323-32.8%6.3%
DepreciationRs m1952012041.3%4.5%
InterestRs m129159123-22.7%-4.9%
Profit before taxRs m4713712-91.0%-73.9%
TaxRs m104011-73.3%11.5%
Profit after taxRs m38972-98.4%-95.7%
Gross profit margin%7.310.27.3
Effective tax rate%20.329.287.0
Net profit margin%0.92.10.0
* 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 5.7% on a year-on-year (YoY) basis. The expenses were up by 5.7% YoY during the same period.
  • The company's operating profit increased by 6.3% YoY during the quarter. Consequently, operating profit margins remained same and stood at 7.3% in 3QFY19.
  • Depreciation charges increased by 4.5% and finance costs declined by 4.9% YoY, respectively.
  • Other income declined by 76.5% YoY during the quarter.
  • Net profit for the quarter declined by 95.7% YoY. Net profit margins during the quarter declined from 0.9% in 3QFY18 to 0.0% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 6.5% on a quarter-on-quarter (QoQ) basis. The expenses were down by 3.5% QoQ during the same period.
  • The company's operating profit declined by 32.8% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 7.3% in 3QFY19 as against 10.2% in 2QFY18.
  • Net profit for the quarter declined by 98.4% QoQ, while net profit margins declined from 2.1% in 2QFY18 to 0.0% in 3QFY19.

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 up from Rs 142.6 to Rs 61.0, registering a Loss of Rs 81.6 or around 57.2%.

Overall, the S&P BSE SENSEX is up 6.3% over the year.

Current Valuations

At the current price of Rs 61.0, the price to earnings (P/E) ratio of SANGAM INDIA stands at 6.1 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.5 times.

Equitymaster requests your view! Post a comment on "SANGAM INDIA Announces Quarterly Results (3QFY19); Net Profit Down 95.7%". Click here!

  

Related Views on News

SANGAM INDIA Announces Quarterly Results (2QFY20); Net Profit Down 67.4% (Quarterly Result Update)

Nov 6, 2019 | Updated on Nov 6, 2019

For the quarter ended September 2019, SANGAM INDIA has posted a net profit of Rs 32 m (down 67.4% YoY). Sales on the other hand came in at Rs 5 bn (up 3.5% YoY). Read on for a complete analysis of SANGAM INDIA's quarterly results.

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

Jul 17, 2019 | Updated on Jul 17, 2019

For the quarter ended June 2019, SANGAM INDIA has posted a net profit of Rs 11 m (down 74.2% YoY). Sales on the other hand came in at Rs 5 bn (down 3.6% 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.

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.

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.

For 1,000%+ Gains, Follow the 8-Year Cycle in the Stock Market(Fast Profits Daily)

Jan 17, 2020

This is how the biggest trading profits are made.

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

SANGAM INDIA SHARE PRICE


Jan 23, 2020 02:01 PM

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 5-YR ANALYSIS

COMPARE SANGAM INDIA WITH

MARKET STATS