X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 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.
EVEREADY IND. Announces Quarterly Results (1QFY19); Net Profit Up 35.3%

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?  

EVEREADY IND. Announces Quarterly Results (1QFY19); Net Profit Up 35.3%
Mon, 30 Jul

EVEREADY IND. has announced its results for the quarter ended June 2018. Here is a detailed performance review of the same:

EVEREADY IND. Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-17*
3
Mar-18*
3
Jun-18*
QoQ ChangeYoY Change
Net SalesRs m3,5773,4973,8339.6%7.2%
Other incomeRs m151337192.6%153.5%
TurnoverRs m3,5913,5103,87010.3%7.8%
ExpensesRs m3,2983,5363,485-1.5%5.7%
Gross profitRs m279-3934824.8%
DepreciationRs m4849538.3%8.8%
InterestRs m66819719.6%46.0%
Profit before taxRs m179-15623631.8%
TaxRs m43652851.5%20.9%
Profit after taxRs m136-16118435.3%
Gross profit margin%7.8-1.19.1
Effective tax rate%24.2-3.522.2
Net profit margin%3.8-4.64.7
* 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 7.2% on a year-on-year (YoY) basis. The expenses were up by 5.7% YoY during the same period.
  • The company's operating profit increased by 24.8% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 9.1% in 1QFY19 as against 7.8% in 1QFY18.
  • Depreciation charges and finance costs increased by 8.8% YoY and 46.0% YoY, respectively.
  • Other income increased by 153.5% YoY during the quarter.
  • Net profit for the quarter increased by 35.3% YoY. Net profit margins during the quarter increased from 3.8% in 1QFY18 to 4.7% in 1QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 9.6% on a quarter-on-quarter (QoQ) basis. The expenses were down by 1.5% QoQ during the same period.
  • The company's operating profit increased by 998.4% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 9.1% in 1QFY19 as against 1.1% in 4QFY18.
  • Net profit for the quarter declined by 213.8% QoQ, while net profit margins increased from -4.6% in 4QFY18 to 4.7% in 1QFY19.

To see how EVEREADY IND. has performed over the last eight quarters, please visit here.

EVEREADY IND. Share Price Performance

Over the last one year, EVEREADY IND. share price has moved up from Rs 315.0 to Rs 233.2, registering a Loss of Rs 81.8 or around 26.0%.

Meanwhile, the S&P BSE CONSUMER DURABLES Index is trading at Rs 20,692.6 (up 0.3%). Over the last one year it has moved up from 16,165.5 to 20,692.6, a gain of 4,527 points (up 28.0%).

Overall, the S&P BSE SENSEX is up 0.4% over the year.

Current Valuations

At the current price of Rs 233.2, the price to earnings (P/E) ratio of EVEREADY IND. stands at 28.5 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 4.9 times.

Equitymaster requests your view! Post a comment on "EVEREADY IND. Announces Quarterly Results (1QFY19); Net Profit Up 35.3%". Click here!

  

Related Views on News

EVEREADY IND. Announces Quarterly Results (3QFY19); Net Profit Down 99.1% (Quarterly Result Update)

Feb 20, 2019 | Updated on Feb 20, 2019

For the quarter ended December 2018, EVEREADY IND. has posted a net profit of Rs 2 m (down 99.1% YoY). Sales on the other hand came in at Rs 4 bn (up 2.6% YoY). Read on for a complete analysis of EVEREADY IND.'s quarterly results.

Dixon Technologies Ltd. (IPO)

Sep 5, 2017

Should you subscribe to the IPO of Dixon Technologies (India) Ltd?

More Views on News

Most Popular

3 Indian Stocks with Amazon-Like Potential(Profit Hunter)

Apr 10, 2019

We have identified 3 stocks with huge wealth building potential which meet our 'Click of a Button' criteria.

This Company is Making a Big Comeback and You Can Now Profit from Its Example(The 5 Minute Wrapup)

Apr 10, 2019

How Dell got its mojo back.

This is Why the Stock of Jubilant FoodWorks Went Up 1,160%(The 5 Minute Wrapup)

Apr 12, 2019

This critical business strategy has enabled companies to scale their operations faster.

Pocketing Massive Gains with HDFC And HDFC Bank(Profit Hunter)

Apr 12, 2019

Here's how one could have generated gains of Rs 59,250 in 10 days by trading HDFC and HDFC Bank with a capital of Rs 4 lakh.

A Simple 3-Point Investing Manifesto for You the Indian Investor(The 5 Minute Wrapup)

Apr 11, 2019

A must have checklist for every investor in the Indian stock market.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

EVEREADY IND. SHARE PRICE


Apr 23, 2019 03:35 PM

TRACK EVEREADY IND.

  • Track your investment in EVEREADY IND. with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

EVEREADY IND. 5-YR ANALYSIS

COMPARE EVEREADY IND. WITH

MARKET STATS