GUJ.AMB.EXP. Announces Quarterly Results (3QFY19); Net Profit Up 27.3%
Mon, 4 Feb

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

GUJ.AMB.EXP. Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m10,1347,76311,77551.7%16.2%
Other incomeRs m72182117.1%-71.4%
TurnoverRs m10,2067,78111,79551.6%15.6%
ExpensesRs m9,0607,02010,41248.3%14.9%
Gross profitRs m1,0747431,36383.5%26.9%
DepreciationRs m194247241-2.6%24.4%
InterestRs m465448-11.4%4.6%
Profit before taxRs m9064591,095138.6%20.8%
TaxRs m274127290127.6%5.8%
Profit after taxRs m632331805142.8%27.3%
Gross profit margin%10.69.611.6
Effective tax rate%30.327.826.5
Net profit margin%6.24.36.8
* 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 16.2% on a year-on-year (YoY) basis. The expenses were up by 14.9% YoY during the same period.
  • The company's operating profit increased by 26.9% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 11.6% in 3QFY19 as against 10.6% in 3QFY18.
  • Depreciation charges increased by 24.4% and finance costs increased by 4.6% YoY, respectively.
  • Other income declined by 71.4% YoY during the quarter.
  • Net profit for the quarter increased by 27.3% YoY. Net profit margins during the quarter increased from 6.2% in 3QFY18 to 6.8% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 51.7% on a quarter-on-quarter (QoQ) basis. The expenses were up by 48.3% QoQ during the same period.
  • The company's operating profit increased by 83.5% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 11.6% in 3QFY19 as against 9.6% in 2QFY18.
  • Net profit for the quarter increased by 142.8% QoQ, while net profit margins increased from 4.3% in 2QFY18 to 6.8% in 3QFY19.

To see how GUJ.AMB.EXP. has performed over the last eight quarters, please visit here.

GUJ.AMB.EXP. Share Price Performance

Over the last one year, GUJ.AMB.EXP. share price has moved up from Rs 235.9 to Rs 233.5, registering a Loss of Rs 2.5 or around 1.0%.

Overall, the S&P BSE SENSEX is up 1.2% over the year.

Current Valuations

At the current price of Rs 233.5, the price to earnings (P/E) ratio of GUJ.AMB.EXP. stands at 13.2 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.2 times.