X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2018 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.
VST INDUSTRIES Announces Quarterly Results (1QFY19); Net Profit Up 53.9%

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?  

VST INDUSTRIES Announces Quarterly Results (1QFY19); Net Profit Up 53.9%
Thu, 26 Jul

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

VST INDUSTRIES Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-17*
3
Mar-18*
3
Jun-18*
QoQ ChangeYoY Change
Net SalesRs m5,6222,9992,631-12.3%-53.2%
Other incomeRs m577875-4.3%31.0%
TurnoverRs m5,6803,0772,705-12.1%-52.4%
ExpensesRs m4,9692,2031,663-24.5%-66.5%
Gross profitRs m65379696821.6%48.2%
DepreciationRs m9411193-15.9%-0.4%
InterestRs m0000.0%0.0%
Profit before taxRs m61776495024.3%54.0%
TaxRs m21928033720.2%54.1%
Profit after taxRs m39848361226.7%53.9%
Gross profit margin%11.626.536.8
Effective tax rate%35.536.735.5
Net profit margin%7.015.722.6
* 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 fell 53.2% on a year-on-year (YoY) basis. The expenses were down by 66.5% YoY during the same period.
  • The company's operating profit increased by 48.2% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 36.8% in 1QFY19 as against 11.6% in 1QFY18.
  • Depreciation charges and finance costs declined by 0.4% YoY and 0.0% YoY, respectively.
  • Other income increased by 31.0% YoY during the quarter.
  • Net profit for the quarter increased by 53.9% YoY. Net profit margins during the quarter increased from 7.0% in 1QFY18 to 22.6% in 1QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 12.3% on a quarter-on-quarter (QoQ) basis. The expenses were down by 24.5% QoQ during the same period.
  • The company's operating profit increased by 21.6% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 36.8% in 1QFY19 as against 26.5% in 4QFY18.
  • Net profit for the quarter increased by 26.7% QoQ, while net profit margins increased from 15.7% in 4QFY18 to 22.6% in 1QFY19.

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

VST INDUSTRIES Share Price Performance

Over the last one year, VST INDUSTRIES share price has moved up from Rs 3,194.3 to Rs 2,867.0, registering a Loss of Rs 327.3 or around 10.2%.

Overall, the S&P BSE SENSEX is up 0.3% over the year.

Current Valuations

At the current price of Rs 2,867.0, the price to earnings (P/E) ratio of VST INDUSTRIES stands at 21.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 8.2 times.

Equitymaster requests your view! Post a comment on "VST INDUSTRIES Announces Quarterly Results (1QFY19); Net Profit Up 53.9%". Click here!

  

Related Views on News

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

Sep 18, 2018 | Updated on Sep 18, 2018

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

VST INDUSTRIES Announces Quarterly Results (4QFY18); Net Profit Up 7.2% (Quarterly Result Update)

Jul 19, 2018 | Updated on Jul 19, 2018

For the quarter ended March 2018, VST INDUSTRIES has posted a net profit of Rs 483 m (up 7.2% YoY). Sales on the other hand came in at Rs 3 bn (up 31.8% YoY). Read on for a complete analysis of VST INDUSTRIES's quarterly results.

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

This Market Crash could be the Biggest Wealth Creating Opportunity Since 2008(Profit Hunter)

Oct 8, 2018

While widespread fear is the friend of a value investor, serving up bargain purchases; personal fear is an investor's biggest enemy.

My Top 3 Tips to Navigate the Market Crash(The 5 Minute Wrapup)

Oct 8, 2018

Steep corrections are never easy to handle. It's hard to watch the value of your shares drop so much. But you can take steps to make the most of it.

IPO Market Feels the Heat of the Market Crash(Sector Info)

Oct 12, 2018

The sentiments in primary market have also deteriorated amid the stock market correction. Most listed IPOs of 2018 are trading below their issue price.

Even If IL&FS Group Brought This Correction, this is Right Time to Buy & Sit Tight!(Chart Of The Day)

Oct 12, 2018

Even if IL&FS is the culprit, it may turn out to be a hero if you buy right and sit tight.

ICICI Prudential Manufacture In India Fund: A Make In India Prodigy, Should You Invest?(Outside View)

Oct 8, 2018

PersonalFN briefly explains if you should be investing in the NFO: ICICI Prudenetial Manufacture in India Fund.

More

Small Investments
BIG Returns

Zero To Millions Guide 2018
Get our special report, Zero To Millions
(2018 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

VST INDUSTRIES SHARE PRICE


Oct 17, 2018 (Close)

TRACK VST INDUSTRIES

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

MORE ON VST INDUSTRIES

VST INDUSTRIES 5-YR ANALYSIS

COMPARE VST INDUSTRIES WITH

MARKET STATS