X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2018 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.
BIRLA CABLE LTD Announces Quarterly Results (4QFY18); Net Profit Up 366.9%

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?  

BIRLA CABLE LTD Announces Quarterly Results (4QFY18); Net Profit Up 366.9%
Mon, 4 Jun

BIRLA CABLE LTD has announced its results for the quarter ended March 2018. Here is a detailed performance review of the same:

BIRLA CABLE LTD Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-17*
3
Dec-17*
3
Mar-18*
QoQ ChangeYoY Change
Net SalesRs m7578261,14338.3%50.9%
Other incomeRs m033-14.5%832.3%
TurnoverRs m7588301,14638.1%51.2%
ExpensesRs m70272398936.8%40.9%
Gross profitRs m5610315449.0%176.4%
DepreciationRs m1920213.4%7.4%
InterestRs m8613129.9%62.4%
Profit before taxRs m298112352.0%328.6%
TaxRs m1032345.9%252.5%
Profit after taxRs m19498982.2%366.9%
Gross profit margin%7.312.513.5
Effective tax rate%33.539.527.5
Net profit margin%2.55.97.8
* 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 50.9% on a year-on-year (YoY) basis. The expenses were up by 40.9% YoY during the same period.
  • The company's operating profit increased by 176.4% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 13.5% in 4QFY18 as against 7.3% in 4QFY17.
  • Depreciation charges and finance costs increased by 7.4% YoY and 62.4% YoY, respectively.
  • Other income increased by 832.3% YoY during the quarter.
  • Net profit for the quarter increased by 366.9% YoY. Net profit margins during the quarter increased from 2.5% in 4QFY17 to 7.8% in 4QFY18.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 38.3% on a quarter-on-quarter (QoQ) basis. The expenses were up by 36.8% QoQ during the same period.
  • The company's operating profit declined by 49.0% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 13.5% in 4QFY18 as against 12.5% in 3QFY17.
  • Net profit for the quarter increased by 82.2% QoQ, while net profit margins increased from 5.9% in 3QFY17 to 7.8% in 4QFY18.

To see how BIRLA CABLE LTD has performed over the last eight quarters, please visit here.

BIRLA CABLE LTD Share Price Performance

Over the last one year, BIRLA CABLE LTD share price has moved up from Rs 41.8 to Rs 85.8, registering a Gain of Rs 44.1 or around 105.5%.

Overall, the S&P BSE SENSEX is down 0.6% over the year.

Current Valuations

At the current price of Rs 85.8, the price to earnings (P/E) ratio of BIRLA CABLE LTD stands at 16.0 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.8 times.

Equitymaster requests your view! Post a comment on "BIRLA CABLE LTD Announces Quarterly Results (4QFY18); Net Profit Up 366.9%". Click here!

  

Related Views on News

Sorry! There are no related views on news for this company/sector.

Most Popular

Has A Bank Ever Told You Its Deposits are Riskier than Stocks? These Should Have...(The 5 Minute Wrapup)

Jul 3, 2018

Left on their own, the banks would possibly have to mark down the value of deposits by 90% to 100%.

The Real Truth About India's FDI, Beyond WhatsApp(Vivek Kaul's Diary)

Jul 4, 2018

The FDI numbers do not look very impressive once we adjust for repatriations as well as the overall growth in the economy.

The 5-Point Checklist to Save You from Toxic Stocks(Profit Hunter)

Jul 2, 2018

Worried about investing in one of the poisonous stocks that keep emerging from the woodwork? This checklist could come to your rescue

New Fund Offer - ICICI Prudential Pharma Healthcare and Diagnostics Fund - Should You Invest?(Outside View)

Jul 6, 2018

ICICI AMC launches an open -ended equity fund following Pharma, Healthcare, Diagnostic and allied theme.

When Disappointment Panda is Around. Buy Quality Stock like This!(Chart Of The Day)

Jul 6, 2018

Buy Companies that can fight all kinds of Pandas and Bears in the long run.

More

Small Investments
BIG Returns

Zero To Millions Guide 2018
Get our special report, Zero To Millions
(2018 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

5-YR ANALYSIS

COMPARE COMPANY

MARKET STATS