X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 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.
WALCHANDNAGAR Announces Quarterly Results (4QFY19); Net Profit Down 404.8%

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 (4QFY19); Net Profit Down 404.8%
Tue, 18 Jun

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

WALCHANDNAGAR Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m1,1829519833.4%-16.8%
Other incomeRs m103681127.7%681.7%
TurnoverRs m1,1929871,0657.9%-10.7%
ExpensesRs m90170184220.1%-6.5%
Gross profitRs m281250141-43.4%-49.7%
DepreciationRs m816964-7.8%-21.7%
InterestRs m19019722313.0%17.3%
Profit before taxRs m2120-63-423.5%-404.8%
TaxRs m0000.0%0.0%
Profit after taxRs m2120-63-423.5%-404.8%
Gross profit margin%23.826.314.4
Effective tax rate%0.00.00.0
Net profit margin%1.72.0-6.0
* 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 16.8% on a year-on-year (YoY) basis. The expenses were down by 6.5% YoY during the same period.
  • The company's operating profit declined by 49.7% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 14.4% in 4QFY19 as against 23.8% in 4QFY18.
  • Depreciation charges declined by 21.7% and finance costs increased by 17.3% YoY, respectively.
  • Other income increased by 681.7% YoY during the quarter.
  • Net profit for the quarter declined by 404.8% YoY. Net profit margins during the quarter declined from 1.7% in 4QFY18 to -6.0% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 3.4% on a quarter-on-quarter (QoQ) basis. The expenses were up by 20.1% QoQ during the same period.
  • The company's operating profit declined by 43.4% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 14.4% in 4QFY19 as against 26.3% in 3QFY18.
  • Net profit for the quarter declined by 423.5% QoQ, while net profit margins declined from 2.0% in 3QFY18 to -6.0% in 4QFY19.

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 150.4 to Rs 84.7, registering a Loss of Rs 65.7 or around 43.7%.

Meanwhile, the S&P BSE CAPITAL GOODS Index is trading at Rs 19,250.6 (up 0.1%). Over the last one year it has moved up from 18,182.8 to 19,250.6, a gain of 1,068 points (up 5.9%).

Overall, the S&P BSE SENSEX is up 9.6% over the year.

Current Valuations

At the current price of Rs 84.7, the price to book value (P/BV) ratio of WALCHANDNAGAR stands at 1.0 times.

Equitymaster requests your view! Post a comment on "WALCHANDNAGAR Announces Quarterly Results (4QFY19); Net Profit Down 404.8%". Click here!

  

Related Views on News

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

Feb 13, 2019 | Updated on Feb 13, 2019

For the quarter ended December 2018, WALCHANDNAGAR has posted a net profit of Rs 20 m (up 129.9% YoY). Sales on the other hand came in at Rs 951 m (down 18.3% YoY). Read on for a complete analysis of WALCHANDNAGAR's quarterly results.

WALCHANDNAGAR Announces Quarterly Results (2QFY19); Net Profit Up 116.8% (Quarterly Result Update)

Nov 23, 2018 | Updated on Nov 23, 2018

For the quarter ended September 2018, WALCHANDNAGAR has posted a net profit of Rs 22 m (up 116.8% YoY). Sales on the other hand came in at Rs 1 bn (up 37.1% 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

These 3 Smallcap Stocks are Set to Make the Most of Smallcap Rebound(Profit Hunter)

Jul 9, 2019

As the sense of normalcy returns to the markets, the rebound in the quality smallcaps could be huge.

2 Stocks from Super Investor Sanjay Bakshi's Portfolio You Can Bet On...(The 5 Minute Wrapup)

Jul 12, 2019

Despite the current fear prevailing in the markets, both these stocks have the potential to deliver in 4-5 years.

After Disappointing Budget, Here's a Document that Concerns Largecap and Smallcap Investors(The 5 Minute Wrapup)

Jul 8, 2019

A new 'definition' of the stock universe that triggered the smallcap sell-off is back with the latest list...

Here's What to Do with Falling Small Cap Stocks(Profit Hunter)

Jul 10, 2019

There are some great buying opportunities in the market right now - and the small cap space is your best bet.

Budget an Icing on the Cake for This Smart Money Backed Affordable Housing Stock(The 5 Minute Wrapup)

Jul 10, 2019

Affordable housing is one of the most straightforward growth stories in India. This will help the real estate sector to come out of the slump.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
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


Jul 19, 2019 (Close)

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 5-YR ANALYSIS

COMPARE WALCHANDNAGAR WITH

MARKET STATS