KRBL LIMITED Announces Quarterly Results (3QFY19); Net Profit Down 12.8%
Mon, 11 Feb

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

KRBL LIMITED Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m7,83512,4489,358-24.8%19.4%
Other incomeRs m425653-5.6%25.2%
TurnoverRs m7,87712,5049,411-24.7%19.5%
ExpensesRs m5,95010,1097,325-27.5%23.1%
Gross profitRs m1,8852,3392,033-13.1%7.9%
DepreciationRs m168168155-7.8%-8.2%
InterestRs m4092863010.9%617.3%
Profit before taxRs m1,7192,2181,645-25.8%-4.3%
TaxRs m489646573-11.4%17.2%
Profit after taxRs m1,2301,5721,072-31.8%-12.8%
Gross profit margin%24.118.821.7
Effective tax rate%28.429.134.8
Net profit margin%15.612.611.4
* 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 19.4% on a year-on-year (YoY) basis. The expenses were up by 23.1% YoY during the same period.
  • The company's operating profit increased by 7.9% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 21.7% in 3QFY19 as against 24.1% in 3QFY18.
  • Depreciation charges declined by 8.2% and finance costs increased by 617.3% YoY, respectively.
  • Other income increased by 25.2% YoY during the quarter.
  • Net profit for the quarter declined by 12.8% YoY. Net profit margins during the quarter declined from 15.6% in 3QFY18 to 11.4% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 24.8% on a quarter-on-quarter (QoQ) basis. The expenses were down by 27.5% QoQ during the same period.
  • The company's operating profit increased by 13.1% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 21.7% in 3QFY19 as against 18.8% in 2QFY18.
  • Net profit for the quarter declined by 31.8% QoQ, while net profit margins declined from 12.6% in 2QFY18 to 11.4% in 3QFY19.

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

KRBL LIMITED Share Price Performance

Over the last one year, KRBL LIMITED share price has moved up from Rs 590.4 to Rs 326.3, registering a Loss of Rs 264.1 or around 44.7%.

Overall, the S&P BSE SENSEX is up 5.6% over the year.

Current Valuations

At the current price of Rs 326.3, the price to earnings (P/E) ratio of KRBL LIMITED stands at 16.7 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.4 times.