WALCHANDNAGAR Announces Quarterly Results (3QFY19); Net Profit Up 129.9%

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?  

WALCHANDNAGAR Announces Quarterly Results (3QFY19); Net Profit Up 129.9%
Wed, 13 Feb

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

WALCHANDNAGAR Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m1,1631,045951-9.0%-18.3%
Other incomeRs m810736-66.5%369.7%
TurnoverRs m1,1711,151987-14.3%-15.7%
ExpensesRs m962870701-19.4%-27.1%
Gross profitRs m20117525043.2%24.0%
DepreciationRs m8267692.2%-16.1%
InterestRs m1931921972.7%2.3%
Profit before taxRs m-662220-9.7%
TaxRs m0000.0%0.0%
Profit after taxRs m-662220-9.7%
Gross profit margin%17.316.726.3
Effective tax rate%0.00.00.0
Net profit margin%-5.61.92.0
* 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 18.3% on a year-on-year (YoY) basis. The expenses were down by 27.1% YoY during the same period.
  • The company's operating profit increased by 24.0% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 26.3% in 3QFY19 as against 17.3% in 3QFY18.
  • Depreciation charges declined by 16.1% and finance costs increased by 2.3% YoY, respectively.
  • Other income increased by 369.7% YoY during the quarter.
  • Net profit for the quarter increased by 129.9% YoY. Net profit margins during the quarter increased from -5.6% in 3QFY18 to 2.0% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 9.0% on a quarter-on-quarter (QoQ) basis. The expenses were down by 19.4% QoQ during the same period.
  • The company's operating profit increased by 43.2% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 26.3% in 3QFY19 as against 16.7% in 2QFY18.
  • Net profit for the quarter declined by 9.7% QoQ, while net profit margins increased from 1.9% in 2QFY18 to 2.0% in 3QFY19.

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

WALCHANDNAGAR Share Price Performance

Over the last one year, WALCHANDNAGAR share price has moved up from Rs 206.0 to Rs 78.4, registering a Loss of Rs 127.6 or around 61.9%.

Meanwhile, the S&P BSE CAPITAL GOODS Index is trading at Rs 16,517.8 (down 0.3%). Over the last one year it has moved down from 19,558.3 to 16,517.8, a gain of 3,040 points (down 15.5%).

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

Current Valuations

At the current price of Rs 78.4, the price to earnings (P/E) ratio of WALCHANDNAGAR stands at 47.6 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 "WALCHANDNAGAR Announces Quarterly Results (3QFY19); Net Profit Up 129.9%". Click here!

  

Related Views on News

WALCHANDNAGAR Announces Quarterly Results (1QFY20); Net Profit Down 29371.4% (Quarterly Result Update)

Aug 8, 2019 | Updated on Aug 8, 2019

For the quarter ended June 2019, WALCHANDNAGAR has posted a net profit of Rs 205 m (down 29371.4% YoY). Sales on the other hand came in at Rs 628 m (down 5.1% YoY). Read on for a complete analysis of WALCHANDNAGAR's quarterly results.

WALCHANDNAGAR Announces Quarterly Results (4QFY19); Net Profit Down 404.8% (Quarterly Result Update)

Jun 18, 2019 | Updated on Jun 18, 2019

For the quarter ended March 2019, WALCHANDNAGAR has posted a net profit of Rs 63 m (down 404.8% YoY). Sales on the other hand came in at Rs 983 m (down 16.8% YoY). Read on for a complete analysis of WALCHANDNAGAR's quarterly results.

Garden Reach Shipbuilders and Engineers Ltd: Is This PSU Shipbuilder Worth Betting On? (IPO)

Sep 24, 2018

Should you apply for the IPO of Garden Reach Shipbuilders and Engineers Ltd?

H.G Infra Engineering Ltd. (IPO)

Feb 24, 2018

Should you subscribe to the IPO of H.G Infra Engineering Ltd.?

Amber Enterprises India Ltd. (IPO)

Jan 16, 2018

Should you subscribe to the IPO of Amber Enterprises India Ltd?

More Views on News

Most Popular

Could this Smallcap Be the Next Page Industries?(Profit Hunter)

Nov 27, 2019

A single stock - Coca Cola, made Buffett billions. Here's your chance to break into the crorepati club with a single smallcap stock investment.

How We Made 12.68% in One Overnight Trade(The 5 Minute Wrapup)

Nov 25, 2019

This one trade had my subscribers laughing all the way to the bank.

Growth Stocks or Value Stocks... What Will Make You More Money in this Bull Market?(Profit Hunter)

Nov 28, 2019

Should you invest in growth stocks or value stocks to make strong returns in this market?

Two Trends to Look at as Sensex Crosses 41,000 Levels(Views On News)

Nov 26, 2019

The two trends that are playing out as Sensex touches new record high.

The Best Trading Strategy for Fast Profits

Nov 29, 2019

Vijay and I have decided to team up and bring you a unique offering never seen before in the Indian stock markets.

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

WALCHANDNAGAR SHARE PRICE


Dec 6, 2019 11:28 AM

TRACK WALCHANDNAGAR

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

WALCHANDNAGAR - ABB COMPARISON

COMPARE WALCHANDNAGAR WITH

MARKET STATS