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.
SHREE CEMENT Announces Quarterly Results (4QFY19); Net Profit Down 19.6%

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?  

SHREE CEMENT Announces Quarterly Results (4QFY19); Net Profit Down 19.6%
Tue, 21 May

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

SHREE CEMENT Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m28,11127,80632,84918.1%16.9%
Other incomeRs m1,049553451-18.5%-57.0%
TurnoverRs m29,15928,35933,30017.4%14.2%
ExpensesRs m21,81720,70624,37017.7%11.7%
Gross profitRs m6,2947,1018,47819.4%34.7%
DepreciationRs m2,3303,3614,20625.1%80.5%
InterestRs m43759369717.6%59.6%
Profit before taxRs m4,5763,7004,0268.8%-12.0%
TaxRs m58468781718.9%39.9%
Profit after taxRs m3,9923,0133,2106.5%-19.6%
Gross profit margin%22.425.525.8
Effective tax rate%12.818.620.3
Net profit margin%13.710.69.6
* 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 16.9% on a year-on-year (YoY) basis. The expenses were up by 11.7% YoY during the same period.
  • The company's operating profit increased by 34.7% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 25.8% in 4QFY19 as against 22.4% in 4QFY18.
  • Depreciation charges increased by 80.5% and finance costs increased by 59.6% YoY, respectively.
  • Other income declined by 57.0% YoY during the quarter.
  • Net profit for the quarter declined by 19.6% YoY. Net profit margins during the quarter declined from 13.7% in 4QFY18 to 9.6% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 18.1% on a quarter-on-quarter (QoQ) basis. The expenses were up by 17.7% QoQ during the same period.
  • The company's operating profit increased by 19.4% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 25.8% in 4QFY19 as against 25.5% in 3QFY18.
  • Net profit for the quarter increased by 6.5% QoQ, while net profit margins declined from 10.6% in 3QFY18 to 9.6% in 4QFY19.

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

SHREE CEMENT Share Price Performance

Over the last one year, SHREE CEMENT share price has moved up from Rs 16,075.2 to Rs 20,702.3, registering a Gain of Rs 4,627.1 or around 28.8%.

Overall, the S&P BSE SENSEX is up 13.9% over the year.

Current Valuations

At the current price of Rs 20,702.3, the price to earnings (P/E) ratio of SHREE CEMENT stands at 75.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 8.1 times.

Equitymaster requests your view! Post a comment on "SHREE CEMENT Announces Quarterly Results (4QFY19); Net Profit Down 19.6%". Click here!

  

Related Views on News

SHREE CEMENT Announces Quarterly Results (3QFY19); Net Profit Down 9.6% (Quarterly Result Update)

Jan 24, 2019 | Updated on Jan 24, 2019

For the quarter ended December 2018, SHREE CEMENT has posted a net profit of Rs 3 bn (down 9.6% YoY). Sales on the other hand came in at Rs 28 bn (up 21.1% YoY). Read on for a complete analysis of SHREE CEMENT's quarterly results.

SHREE CEMENT Announces Quarterly Results (2QFY19); Net Profit Down 76.7% (Quarterly Result Update)

Nov 14, 2018 | Updated on Nov 14, 2018

For the quarter ended September 2018, SHREE CEMENT has posted a net profit of Rs 493 m (down 76.7% YoY). Sales on the other hand came in at Rs 26 bn (up 21.0% YoY). Read on for a complete analysis of SHREE CEMENT's quarterly results.

More Views on News

Most Popular

7 Stocks That Will Remain Evergreen in this Era of Technological Disruption(The 5 Minute Wrapup)

Jun 13, 2019

We are living in an era of disruption. Are your stocks well equipped to adapt to changes that disruption will bring along?

Kenneth Andrade Would Like Our Real Estate Stock Recommendation with Triple Digit Upside(The 5 Minute Wrapup)

Jun 12, 2019

This real estate stock recommended in Smart Money Secrets offers the most favourable upside potential.

Why I Believe Smallcaps Will Catch up to the Sensex(Profit Hunter)

Jun 14, 2019

Smallcaps have gone nowhere even as the Sensex makes new all-time highs. Find out why Richa believes this a good opportunity to invest in smallcaps.

Why Super Investor Kenneth Andrade is Bullish on Agri Stocks...and So Are We(The 5 Minute Wrapup)

Jun 21, 2019

Andrade gives his take on agriculture, an industry from which we have already recommended two stocks.

7 Bluechips to Profit from Tech Disruption(Profit Hunter)

Jun 17, 2019

We are living in an era of disruption. Are your stocks well equipped to adapt to changes that disruption will bring along?

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

SHREE CEMENT SHARE PRICE


Jun 25, 2019 03:37 PM

TRACK SHREE CEMENT

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

SHREE CEMENT - HOLCIM COMPARISON

COMPARE SHREE CEMENT WITH

MARKET STATS