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.
GOODRICKE Announces Quarterly Results (1QFY19); Net Profit Down 68.0%

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?  

GOODRICKE Announces Quarterly Results (1QFY19); Net Profit Down 68.0%
Fri, 10 Aug

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

GOODRICKE Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-17*
3
Mar-18*
3
Jun-18*
QoQ ChangeYoY Change
Net SalesRs m1,5221,2221,43517.5%-5.7%
Other incomeRs m2712213-89.5%-52.7%
TurnoverRs m1,5491,3441,4487.7%-6.5%
ExpensesRs m1,2901,6801,331-20.8%3.1%
Gross profitRs m233-458104-55.3%
DepreciationRs m354038-5.5%8.0%
InterestRs m148113.9%492.3%
Profit before taxRs m224-38072-68.0%
TaxRs m01710-100.0%0.0%
Profit after taxRs m224-55172-68.0%
Gross profit margin%15.3-37.57.3
Effective tax rate%0.0-45.10.0
Net profit margin%14.5-41.05.0
* 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 fell 5.7% on a year-on-year (YoY) basis. The expenses were up by 3.1% YoY during the same period.
  • The company's operating profit declined by 55.3% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 7.3% in 1QFY19 as against 15.3% in 1QFY18.
  • Depreciation charges and finance costs increased by 8.0% YoY and 492.3% YoY, respectively.
  • Other income declined by 52.7% YoY during the quarter.
  • Net profit for the quarter declined by 68.0% YoY. Net profit margins during the quarter declined from 14.5% in 1QFY18 to 5.0% in 1QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 17.5% on a quarter-on-quarter (QoQ) basis. The expenses were down by 20.8% QoQ during the same period.
  • The company's operating profit increased by 122.8% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 7.3% in 1QFY19 as against 37.5% in 4QFY18.
  • Net profit for the quarter declined by 113.0% QoQ, while net profit margins increased from -41.0% in 4QFY18 to 5.0% in 1QFY19.

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

GOODRICKE Share Price Performance

Over the last one year, GOODRICKE share price has moved up from Rs 228.5 to Rs 256.3, registering a Gain of Rs 27.8 or around 12.2%.

Overall, the S&P BSE SENSEX is up 19.1% over the year.

Current Valuations

At the current price of Rs 256.3, the price to earnings (P/E) ratio of GOODRICKE stands at 33.2 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.8 times.

Equitymaster requests your view! Post a comment on "GOODRICKE Announces Quarterly Results (1QFY19); Net Profit Down 68.0%". Click here!

  

Related Views on News

GOODRICKE Announces Quarterly Results (2QFY19); Net Profit Down 3.6% (Quarterly Result Update)

Nov 12, 2018 | Updated on Nov 12, 2018

For the quarter ended September 2018, GOODRICKE has posted a net profit of Rs 531 m (down 3.6% YoY). Sales on the other hand came in at Rs 2 bn (up 9.2% YoY). Read on for a complete analysis of GOODRICKE's quarterly results.

GOODRICKE Announces Quarterly Results (4QFY18); Net Profit Down 0.2% (Quarterly Result Update)

Jun 4, 2018 | Updated on Jun 4, 2018

For the quarter ended March 2018, GOODRICKE has posted a net profit of Rs 551 m (down 0.2% YoY). Sales on the other hand came in at Rs 1 bn (up 20.8% YoY). Read on for a complete analysis of GOODRICKE's quarterly results.

Prataap Snacks Ltd. (IPO)

Sep 21, 2017

Is the Prataap Snacks IPO worth your attention?

Apex frozen food Ltd. (IPO)

Aug 21, 2017

Should you subscribe to the IPO of Apex Frozen Foods Ltd?

More Views on News

Most Popular

These Are the Kind of Blue Chips You Should Invest In(The 5 Minute Wrapup)

Nov 9, 2018

All blue chip companies are large caps but all large caps are not blue chips.

Get this Small Cap Logistics Company at a 16% Discount Right Now...(Profit Hunter)

Nov 6, 2018

If you turn the clock back, the current macroeconomic climate is nothing new. The markets have seen them all, and every downcycle has been succeeded by gravity defying gains...more so in the small cap space. This time will be no different.

Insider Buying: These Owner Operators Are Taking Advantage of the Correction(Chart Of The Day)

Nov 2, 2018

We believe insider buying is one of the strongest smart money indicators.

Are You Among The 35% Parents Who Will Not Be Able To Finance Their Child's Future?(Outside View)

Nov 1, 2018

PersonalFN explains the importance of being prepared for your child's future.

Are Fund Houses Opening Up Their NFO Factories Again?(Outside View)

Nov 2, 2018

PersonalFN sheds light on FY 2018-19 so far, the mutual fund industry has collectively launched 84 New Fund Offers (NFOs), of which some are still open for subscription.

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

GOODRICKE SHARE PRICE


Nov 14, 2018 09:45 AM

TRACK GOODRICKE

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

GOODRICKE - TATA COFFEE COMPARISON

COMPARE GOODRICKE WITH

MARKET STATS