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.
TILAKNAGAR IND. Announces Quarterly Results (2QFY19); Net Profit Down 364.1%

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?  

TILAKNAGAR IND. Announces Quarterly Results (2QFY19); Net Profit Down 364.1%
Mon, 12 Nov

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

TILAKNAGAR IND. Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m2,2183,2674,04423.8%82.3%
Other incomeRs m812122.8%47.7%
TurnoverRs m2,2273,2794,05723.7%82.2%
ExpensesRs m1,8383,1843,93223.5%114.0%
Gross profitRs m3818411334.7%-70.4%
DepreciationRs m9493941.1%-0.8%
InterestRs m3863953980.7%2.9%
Profit before taxRs m-92-392-366
TaxRs m-10550.0%
Profit after taxRs m-91-392-421
Gross profit margin%17.22.62.8
Effective tax rate%1.00.0-15.0
Net profit margin%-4.1-11.9-10.4
* 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 82.3% on a year-on-year (YoY) basis. The expenses were up by 114.0% YoY during the same period.
  • The company's operating profit declined by 70.4% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 2.8% in 2QFY19 as against 17.2% in 2QFY18.
  • Depreciation charges declined by 0.8% and finance costs increased by 2.9% YoY, respectively.
  • Other income increased by 47.7% YoY during the quarter.
  • Net profit for the quarter declined by 364.1% YoY. Net profit margins during the quarter declined from -4.1% in 2QFY18 to -10.4% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 23.8% on a quarter-on-quarter (QoQ) basis. The expenses were up by 23.5% QoQ during the same period.
  • The company's operating profit increased by 34.7% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 2.8% in 2QFY19 as against 2.6% in 1QFY18.
  • Net profit for the quarter declined by 7.5% QoQ, while net profit margins increased from -12.0% in 1QFY18 to -10.4% in 2QFY19.

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

TILAKNAGAR IND. Share Price Performance

Over the last one year, TILAKNAGAR IND. share price has moved up from Rs 15.2 to Rs 15.1, registering a Loss of Rs 0.1 or around 0.7%.

Overall, the S&P BSE SENSEX is up 5.7% over the year.

Current Valuations

At the current price of Rs 15.1, the price to book value (P/BV) ratio of TILAKNAGAR IND. stands at -8.2 times.

Equitymaster requests your view! Post a comment on "TILAKNAGAR IND. Announces Quarterly Results (2QFY19); Net Profit Down 364.1%". Click here!

  

Related Views on News

TILAKNAGAR IND. 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 TILAKNAGAR IND. for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of TILAKNAGAR IND.. Also includes updates on the valuation of TILAKNAGAR IND..

Prataap Snacks Ltd. (IPO)

Sep 21, 2017

Is the Prataap Snacks IPO worth your attention?

Apex frozen food Ltd. (IPO)

Aug 21, 2017

Should you subscribe to the IPO of Apex Frozen Foods Ltd?

More Views on News

Most Popular

The One Real Estate Stock to Buy Now(The 5 Minute Wrapup)

Feb 13, 2019

The real estate sector is ready to make a comeback. This is the stock to consider buying.

Don't Be Afraid of the Market; Buy Stocks Like This One(The 5 Minute Wrapup)

Feb 14, 2019

During this tough period in the market, a contrarian approach holds huge potential upside for this Smart Money Secrets stock.

Small Caps Under Seige: Could This Be A Once-in-a-Decade Wealth Creating Opportunity?(Profit Hunter)

Feb 14, 2019

Don't let the dark clouds hovering over small caps scare you into hiding; it will rain gold as sentiments recover. Indeed, there is a blood bath. And if you are a first time investor, the correction is deep enough to scare you out of markets.

The 4-Point Plan to Accelerate India to a 10 Trillion Dollar Economy(The 5 Minute Wrapup)

Feb 12, 2019

Two questions I have been eagerly waiting to ask you ever since Budget 2019 was announced.

The Train to 'Small-Cap-Profits Land' is Back on the Station!(Profit Hunter)

Feb 15, 2019

Why its great news that prices for small caps over the last few days have been falling like there's no tomorrow.

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

TILAKNAGAR IND. SHARE PRICE


Feb 22, 2019 (Close)

TRACK TILAKNAGAR IND.

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

MORE ON TILAKNAGAR IND.

TILAKNAGAR IND. 5-YR ANALYSIS

COMPARE TILAKNAGAR IND. WITH

MARKET STATS