TAMIL NADU NEWSPRINT Announces Quarterly Results (4QFY19); Net Profit Down 59.3%

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?  

TAMIL NADU NEWSPRINT Announces Quarterly Results (4QFY19); Net Profit Down 59.3%
Thu, 30 May

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

TAMIL NADU NEWSPRINT Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m10,50511,03410,483-5.0%-0.2%
Other incomeRs m1161001099.0%-6.2%
TurnoverRs m10,62211,13510,592-4.9%-0.3%
ExpensesRs m8,8969,1968,465-7.9%-4.8%
Gross profitRs m1,6091,8381,286-30.1%-20.1%
DepreciationRs m570571565-1.0%-0.9%
InterestRs m579575561-2.5%-3.1%
Profit before taxRs m577793269-66.0%-53.3%
TaxRs m246296135-54.5%-45.2%
Profit after taxRs m331497135-72.9%-59.3%
Gross profit margin%15.316.712.3
Effective tax rate%42.637.350.0
Net profit margin%3.14.51.3
* 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 0.2% on a year-on-year (YoY) basis. The expenses were down by 4.8% YoY during the same period.
  • The company's operating profit declined by 20.1% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 12.3% in 4QFY19 as against 15.3% in 4QFY18.
  • Depreciation charges declined by 0.9% and finance costs declined by 3.1% YoY, respectively.
  • Other income declined by 6.2% YoY during the quarter.
  • Net profit for the quarter declined by 59.3% YoY. Net profit margins during the quarter declined from 3.1% in 4QFY18 to 1.3% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 5.0% on a quarter-on-quarter (QoQ) basis. The expenses were down by 7.9% QoQ during the same period.
  • The company's operating profit declined by 30.1% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 12.3% in 4QFY19 as against 16.7% in 3QFY18.
  • Net profit for the quarter declined by 72.9% QoQ, while net profit margins declined from 4.5% in 3QFY18 to 1.3% in 4QFY19.

To see how TAMIL NADU NEWSPRINT has performed over the last eight quarters, please visit here.

TAMIL NADU NEWSPRINT Share Price Performance

Over the last one year, TAMIL NADU NEWSPRINT share price has moved up from Rs 328.1 to Rs 204.0, registering a Loss of Rs 124.2 or around 37.8%.

Overall, the S&P BSE SENSEX is up 13.6% over the year.

Current Valuations

At the current price of Rs 204.0, the price to earnings (P/E) ratio of TAMIL NADU NEWSPRINT stands at 15.0 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.9 times.

Equitymaster requests your view! Post a comment on "TAMIL NADU NEWSPRINT Announces Quarterly Results (4QFY19); Net Profit Down 59.3%". Click here!

  

Related Views on News

TAMIL NADU NEWSPRINT Announces Quarterly Results (1QFY20); Net Profit Up 212.3% (Quarterly Result Update)

Aug 27, 2019 | Updated on Aug 27, 2019

For the quarter ended June 2019, TAMIL NADU NEWSPRINT has posted a net profit of Rs 771 m (up 212.3% YoY). Sales on the other hand came in at Rs 10 bn (up 2.8% YoY). Read on for a complete analysis of TAMIL NADU NEWSPRINT's quarterly results.

TAMIL NADU NEWSPRINT 2017-18 Annual Report Analysis (Annual Result Update)

Apr 2, 2019 | Updated on Apr 2, 2019

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

TAMIL NADU NEWSPRINT Announces Quarterly Results (3QFY19); Net Profit Up 83.4% (Quarterly Result Update)

Feb 22, 2019 | Updated on Feb 22, 2019

For the quarter ended December 2018, TAMIL NADU NEWSPRINT has posted a net profit of Rs 497 m (up 83.4% YoY). Sales on the other hand came in at Rs 11 bn (up 17.2% YoY). Read on for a complete analysis of TAMIL NADU NEWSPRINT's quarterly results.

More Views on News

Most Popular

Be Prepared to Profit from the Coming Crash in Oil Prices(Fast Profits Daily)

Jun 25, 2020

The stability in crude oil prices will not last much longer. Be ready to make fast profits when the time comes to short crude.

Tata Motors Tripled in 18 Months but You Can Do Even Better. Here's How...(Profit Hunter)

Jun 24, 2020

Rahul is ready for a repeat of his famous 2008 Tata Motors call.

The Triple Digit Return Opportunity in this Market

Jun 24, 2020

Rahul Shah on stocks with potentially triple digit returns.

This Ratio Says Smallcaps Are Your Best Bet to Ride the Post Covid Market Rebound(Profit Hunter)

Jun 23, 2020

Here's why I believe that post Covid rebound in smallcaps will be much sharper than largecaps.

More

India's #1 Trader
Reveals His Secrets

The Secret to Increasing Your Trading Profits Today
Get this Special Report, The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

TAMIL NADU NEWSPRINT SHARE PRICE


Jul 3, 2020 03:35 PM

TRACK TAMIL NADU NEWSPRINT

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

MORE ON TAMIL NADU NEWSPRINT

TAMIL NADU NEWSPRINT - NIPPON PAPER COMPARISON

COMPARE TAMIL NADU NEWSPRINT WITH

MARKET STATS