ZUARI GLOBAL Announces Quarterly Results (3QFY19); Net Profit Up 213.0%

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ZUARI GLOBAL Announces Quarterly Results (3QFY19); Net Profit Up 213.0%
Fri, 15 Feb

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

ZUARI GLOBAL Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m92060.0%-93.4%
Other incomeRs m40199119-40.1%196.2%
TurnoverRs m132199125-37.0%-5.1%
ExpensesRs m932918-38.1%-80.4%
Gross profitRs m-1-29-12
DepreciationRs m0000.0%0.0%
InterestRs m2932250.3%1694.9%
Profit before taxRs m3716075-53.3%102.1%
TaxRs m10143-10-106.9%-198.3%
Profit after taxRs m271784387.1%213.0%
Gross profit margin%-1.20.0-198.7
Effective tax rate%27.089.2-13.1
Net profit margin%20.58.767.5
* 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 93.4% on a year-on-year (YoY) basis. The expenses were down by 80.4% YoY during the same period.
  • The company's operating profit increased by 1018.5% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 198.7% in 3QFY19 as against 1.2% in 3QFY18.
  • Depreciation charges increased by 0.0% and finance costs increased by 1694.9% YoY, respectively.
  • Other income increased by 196.2% YoY during the quarter.
  • Net profit for the quarter increased by 213.0% YoY. Net profit margins during the quarter increased from 20.5% in 3QFY18 to 67.5% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 0.0% on a quarter-on-quarter (QoQ) basis. The expenses were down by 38.1% QoQ during the same period.
  • The company's operating profit declined by 58.8% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 198.7% in 3QFY19 as against 0.0% in 2QFY18.
  • Net profit for the quarter increased by 387.1% QoQ, while net profit margins increased from 8.5% in 2QFY18 to 67.5% in 3QFY19.

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

ZUARI GLOBAL Share Price Performance

Over the last one year, ZUARI GLOBAL share price has moved up from Rs 207.2 to Rs 100.0, registering a Loss of Rs 107.2 or around 51.7%.

Overall, the S&P BSE SENSEX is up 4.4% over the year.

Current Valuations

At the current price of Rs 100.0, the price to earnings (P/E) ratio of ZUARI GLOBAL stands at 43.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.2 times.

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ZUARI GLOBAL Announces Quarterly Results (4QFY19); Net Profit Down 80.0% (Quarterly Result Update)

May 29, 2019 | Updated on May 29, 2019

For the quarter ended March 2019, ZUARI GLOBAL has posted a net profit of Rs 4 m (down 80.0% YoY). Sales on the other hand came in at Rs 7 m (down 86.9% YoY). Read on for a complete analysis of ZUARI GLOBAL's quarterly results.

ZUARI GLOBAL 2017-18 Annual Report Analysis (Annual Result Update)

Dec 18, 2018 | Updated on Dec 18, 2018

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

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