VADILAL INDUSTRIES Announces Quarterly Results (3QFY19); Net Profit Up 70.9%

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VADILAL INDUSTRIES Announces Quarterly Results (3QFY19); Net Profit Up 70.9%
Mon, 18 Feb

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

VADILAL INDUSTRIES Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m6691,327941-29.1%40.7%
Other incomeRs m43715-59.4%315.7%
TurnoverRs m6731,365956-29.9%42.2%
ExpensesRs m7331,151918-20.2%25.2%
Gross profitRs m-6417723-86.8%
DepreciationRs m404240-3.8%-0.1%
InterestRs m3330337.6%-1.3%
Profit before taxRs m-134142-34-124.0%
TaxRs m-4642-9-120.5%
Profit after taxRs m-88100-25-125.5%
Gross profit margin%-9.613.32.5
Effective tax rate%34.729.825.4
Net profit margin%-13.07.3-2.7
* 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 40.7% on a year-on-year (YoY) basis. The expenses were up by 25.2% YoY during the same period.
  • The company's operating profit declined by 136.3% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 2.5% in 3QFY19 as against 9.6% in 3QFY18.
  • Depreciation charges declined by 0.1% and finance costs declined by 1.3% YoY, respectively.
  • Other income increased by 315.7% YoY during the quarter.
  • Net profit for the quarter increased by 70.9% YoY. Net profit margins during the quarter increased from -13.0% in 3QFY18 to -2.7% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 29.1% on a quarter-on-quarter (QoQ) basis. The expenses were down by 20.2% QoQ during the same period.
  • The company's operating profit declined by 86.8% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 2.5% in 3QFY19 as against 13.3% in 2QFY18.
  • Net profit for the quarter declined by 125.5% QoQ, while net profit margins declined from 7.3% in 2QFY18 to -2.7% in 3QFY19.

To see how VADILAL INDUSTRIES has performed over the last eight quarters, please visit here.

VADILAL INDUSTRIES Share Price Performance

Over the last one year, VADILAL INDUSTRIES share price has moved up from Rs 879.7 to Rs 487.0, registering a Loss of Rs 392.7 or around 44.6%.

Overall, the S&P BSE SENSEX is up 3.6% over the year.

Current Valuations

At the current price of Rs 487.0, the price to earnings (P/E) ratio of VADILAL INDUSTRIES stands at 8.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.0 times.

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VADILAL INDUSTRIES 2018-19 Annual Report Analysis (Annual Result Update)

Sep 16, 2019 | Updated on Sep 16, 2019

Here's an analysis of the annual report of VADILAL INDUSTRIES for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of VADILAL INDUSTRIES. Also includes updates on the valuation of VADILAL INDUSTRIES.

VADILAL INDUSTRIES Announces Quarterly Results (1QFY20); Net Profit Up 16.5% (Quarterly Result Update)

Aug 28, 2019 | Updated on Aug 28, 2019

For the quarter ended June 2019, VADILAL INDUSTRIES has posted a net profit of Rs 377 m (up 16.5% YoY). Sales on the other hand came in at Rs 3 bn (up 12.7% YoY). Read on for a complete analysis of VADILAL INDUSTRIES's quarterly results.

VADILAL INDUSTRIES 2017-18 Annual Report Analysis (Annual Result Update)

Dec 20, 2018 | Updated on Dec 20, 2018

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

VADILAL INDUSTRIES Announces Quarterly Results (4QFY18); Net Profit Down 132.4% (Quarterly Result Update)

Jun 13, 2018 | Updated on Jun 13, 2018

For the quarter ended March 2018, VADILAL INDUSTRIES has posted a net profit of Rs 23 m (down 132.4% YoY). Sales on the other hand came in at Rs 1 bn (up 16.4% YoY). Read on for a complete analysis of VADILAL INDUSTRIES's quarterly results.

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