UTTAM GALVA STEEL Announces Quarterly Results (1QFY20); Net Profit Up 28.0%

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.

UTTAM GALVA STEEL Announces Quarterly Results (1QFY20); Net Profit Up 28.0%
Mon, 22 Jul

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

UTTAM GALVA STEEL Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m9182,561973-62.0%5.9%
Other incomeRs m1410913-88.0%-3.0%
TurnoverRs m9322,670986-63.1%5.8%
ExpensesRs m8592,896897-69.0%4.4%
Gross profitRs m59-6,028-1,908-3322.6%
DepreciationRs m630623616-1.1%-2.2%
InterestRs m3,104-55124-96.0%
Profit before taxRs m-3,662-6,487-2,635
TaxRs m0000.0%0.0%
Profit after taxRs m-3,662-6,487-2,635
Gross profit margin%6.4-235.3-196.2
Effective tax rate%0.00.00.0
Net profit margin%-393.1-242.9-267.3
* 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 grew 5.9% on a year-on-year (YoY) basis. The expenses were up by 4.4% YoY during the same period.
  • The company's operating profit declined by 3322.6% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 196.2% in 1QFY20 as against 6.4% in 1QFY19.
  • Depreciation charges declined by 2.2% and finance costs declined by 96.0% YoY, respectively.
  • Other income declined by 3.0% YoY during the quarter.
  • Net profit for the quarter increased by 28.0% YoY. Net profit margins during the quarter increased from -393.1% in 1QFY19 to -267.3% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 62.0% on a quarter-on-quarter (QoQ) basis. The expenses were down by 69.0% QoQ during the same period.
  • The company's operating profit increased by 68.4% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 196.2% in 1QFY20 as against 235.3% in 4QFY19.
  • Net profit for the quarter increased by 59.4% QoQ, while net profit margins declined from -243.0% in 4QFY19 to -267.3% in 1QFY20.

To see how UTTAM GALVA STEEL has performed over the last eight quarters,please visit here.

UTTAM GALVA STEEL Share Price Performance

Over the last one year,UTTAM GALVA STEEL share price has moved up from Rs 7.7 to Rs 8.0, registering a Gain of Rs 0.3 or around 3.8%.

Meanwhile, the S&P BSE METAL Index is trading at Rs 10,356.6 (up 1.1%). Over the last one year it has moved down from 11,730.5 to 10,356.6, a gain of 1,374 points (down 11.7%).

Overall, the S&P BSE SENSEX is up 4.7% over the year.

Current Valuations

At the current price of Rs 8.0, the price to book value (P/BV) ratio of UTTAM GALVA STEEL stands at -1.6 times.

Equitymaster requests your view! Post a comment on "UTTAM GALVA STEEL Announces Quarterly Results (1QFY20); Net Profit Up 28.0%". Click here!

  

Related Views on News

UTTAM GALVA STEEL Announces Quarterly Results (4QFY19); Net Profit Down 119.6% (Quarterly Result Update)

Apr 22, 2019 | Updated on Apr 22, 2019

For the quarter ended March 2019, UTTAM GALVA STEEL has posted a net profit of Rs 6 bn (down 119.6% YoY). Sales on the other hand came in at Rs 3 bn (up 306.5% YoY). Read on for a complete analysis of UTTAM GALVA STEEL's quarterly results.

UTTAM GALVA STEEL Announces Quarterly Results (3QFY19); Net Profit Down 107.7% (Quarterly Result Update)

Feb 13, 2019 | Updated on Feb 13, 2019

For the quarter ended December 2018, UTTAM GALVA STEEL has posted a net profit of Rs 4 bn (down 107.7% YoY). Sales on the other hand came in at Rs 988 m (down 85.2% YoY). Read on for a complete analysis of UTTAM GALVA STEEL'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.

Buy these 3 Stocks for Rebound Riches

Oct 18, 2019

Equitymaster's smallcap guru and editor of Hidden Treasure, Richa Agarwal, talks to us about the rebound in the stock market, and the best stocks to profit from it. Listen in...

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?

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

UTTAM GALVA STEEL SHARE PRICE


Oct 18, 2019 (Close)

TRACK UTTAM GALVA STEEL

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

MORE ON UTTAM GALVA STEEL

UTTAM GALVA STEEL - SAIL COMPARISON

COMPARE UTTAM GALVA STEEL WITH

MARKET STATS