AEGIS LOGISTICS Announces Quarterly Results (3QFY20); Net Profit Down 9.2%
Mon, 3 Feb

AEGIS LOGISTICS has announced its results for the quarter ended December 2019. Here is a detailed performance review of the same:

AEGIS LOGISTICS Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-18*
3
Sep-19*
3
Dec-19*
QoQ ChangeYoY Change
Net SalesRs m13,20518,17721,68619.3%64.2%
Other incomeRs m12264680.4%271.0%
TurnoverRs m13,21718,20221,73219.4%64.4%
ExpensesRs m12,27918,45820,59011.6%67.7%
Gross profitRs m926-2811,09618.4%
DepreciationRs m1291701721.4%33.2%
InterestRs m51749427.9%83.4%
Profit before taxRs m758-49987615.6%
TaxRs m106-157284168.2%
Profit after taxRs m652-342592-9.2%
Gross profit margin%7.0-1.55.1
Effective tax rate%14.031.532.4
Net profit margin%4.9-1.92.7
* 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 64.2% on a year-on-year (YoY) basis. The expenses were up by 67.7% YoY during the same period.
  • The company's operating profit increased by 18.4% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 5.1% in 3QFY20 as against 7.0% in 3QFY19.
  • Depreciation charges increased by 33.2% and finance costs increased by 83.4% YoY, respectively.
  • Other income increased by 271.0% YoY during the quarter.
  • Net profit for the quarter declined by 9.2% YoY. Net profit margins during the quarter declined from 4.9% in 3QFY19 to 2.7% in 3QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 19.3% on a quarter-on-quarter (QoQ) basis. The expenses were up by 11.6% QoQ during the same period.
  • The company's operating profit declined by 489.9% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 5.1% in 3QFY20 as against 1.5% in 2QFY19.
  • Net profit for the quarter increased by 273.4% QoQ, while net profit margins increased from -1.9% in 2QFY19 to 2.7% in 3QFY20.

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

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AEGIS LOGISTICS Share Price Performance

Over the last one year,AEGIS LOGISTICS share price has moved up from Rs 199.2 to Rs 213.0, registering a Gain of Rs 13.9 or around 7.0%.

Overall, the S&P BSE SENSEX is up 9.5% over the year.

Current Valuations

At the current price of Rs 213.0, the price to earnings (P/E) ratio of AEGIS LOGISTICS stands at 5.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.6 times.