AKZO NOBEL Announces Quarterly Results (4QFY19); Net Profit Up 52.4%

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?  

AKZO NOBEL Announces Quarterly Results (4QFY19); Net Profit Up 52.4%
Tue, 7 May

AKZO NOBEL has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:

AKZO NOBEL Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m7,0047,8337,056-9.9%0.7%
Other incomeRs m1289815255.4%19.1%
TurnoverRs m7,1327,9317,208-9.1%1.1%
ExpensesRs m6,3056,8216,021-11.7%-4.5%
Gross profitRs m6991,0141,0352.1%48.0%
DepreciationRs m15016518512.0%23.2%
InterestRs m17238-67.4%-53.9%
Profit before taxRs m6609239957.7%50.6%
TaxRs m199320291-8.9%46.6%
Profit after taxRs m46260470316.5%52.4%
Gross profit margin%10.012.914.7
Effective tax rate%30.134.629.3
Net profit margin%6.57.69.8
* 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 0.7% on a year-on-year (YoY) basis. The expenses were down by 4.5% YoY during the same period.
  • The company's operating profit increased by 48.0% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 14.7% in 4QFY19 as against 10.0% in 4QFY18.
  • Depreciation charges increased by 23.2% and finance costs declined by 53.9% YoY, respectively.
  • Other income increased by 19.1% YoY during the quarter.
  • Net profit for the quarter increased by 52.4% YoY. Net profit margins during the quarter increased from 6.5% in 4QFY18 to 9.8% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 9.9% on a quarter-on-quarter (QoQ) basis. The expenses were down by 11.7% QoQ during the same period.
  • The company's operating profit increased by 2.1% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 14.7% in 4QFY19 as against 12.9% in 3QFY18.
  • Net profit for the quarter increased by 16.5% QoQ, while net profit margins increased from 7.6% in 3QFY18 to 9.8% in 4QFY19.

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

AKZO NOBEL Share Price Performance

Over the last one year, AKZO NOBEL share price has moved up from Rs 1,917.0 to Rs 1,679.4, registering a Loss of Rs 237.6 or around 12.4%.

Overall, the S&P BSE SENSEX is up 9.8% over the year.

Current Valuations

At the current price of Rs 1,679.4, the price to earnings (P/E) ratio of AKZO NOBEL stands at 38.2 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 6.2 times.

Equitymaster requests your view! Post a comment on "AKZO NOBEL Announces Quarterly Results (4QFY19); Net Profit Up 52.4%". Click here!

  

Related Views on News

AKZO NOBEL Announces Quarterly Results (3QFY20); Net Profit Up 27.5% (Quarterly Result Update)

Feb 11, 2020 | Updated on Feb 11, 2020

For the quarter ended December 2019, AKZO NOBEL has posted a net profit of Rs 770 m (up 27.5% YoY). Sales on the other hand came in at Rs 7 bn (down 7.2% YoY). Read on for a complete analysis of AKZO NOBEL's quarterly results.

AKZO NOBEL Announces Quarterly Results (2QFY20); Net Profit Up 34.0% (Quarterly Result Update)

Nov 12, 2019 | Updated on Nov 12, 2019

For the quarter ended September 2019, AKZO NOBEL has posted a net profit of Rs 492 m (up 34.0% YoY). Sales on the other hand came in at Rs 6 bn (down 11.2% YoY). Read on for a complete analysis of AKZO NOBEL's quarterly results.

AKZO NOBEL 2017-18 Annual Report Analysis (Annual Result Update)

Apr 3, 2019 | Updated on Apr 3, 2019

Here's an analysis of the annual report of AKZO NOBEL for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of AKZO NOBEL. Also includes updates on the valuation of AKZO NOBEL.

More Views on News

Most Popular

This Crorepati Stock Could Be the Best Vaccine for Your Portfolio Against Coronavirus(Profit Hunter)

Mar 17, 2020

If there is one stock I had to recommend you amid Coronavirus outbreak, this would be it.

If I Were to Recommend One Stock Amid Coronavirus Outbreak, This Would be It.(Profit Hunter)

Mar 19, 2020

Coronavirus outbreak has made no impact on the long term prospects of my favourite smallcap. What it has indeed done is brought the company below my buy price, making it even more attractive investment at current price.

Why India Will Be the Biggest Winner in a Post-Coronavirus World(The 5 Minute Wrapup)

Mar 19, 2020

The way businesses operate will change in a major way post the coronavirus impact. Here's why India stands to benefit from this change...

A Big Trading Opportunity is Coming Your Way Soon(Fast Profits Daily)

Mar 25, 2020

I see a big opportunity to make fast profits on the horizon.

The Biggest Trading Opportunity of 2020 is Here...

Mar 26, 2020

India's #1 trader, Vijay Bhambwani, talks about a hugely profitable trading opportunity which you must know about today!

More

How to Trade the
Coronavirus Crash

Coronavirus Crash
Get this special report, authored by Equitymaster's top analysts, now.
We will never sell or rent your email id.
Please read our Terms

AKZO NOBEL SHARE PRICE


Mar 27, 2020 (Close)

TRACK AKZO NOBEL

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

COMPARE AKZO NOBEL WITH

MARKET STATS