NLC INDIA LTD Announces Quarterly Results (1QFY19); Net Profit Down 86.6%

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?  

NLC INDIA LTD Announces Quarterly Results (1QFY19); Net Profit Down 86.6%
Thu, 16 Aug

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

NLC INDIA LTD Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-17*
3
Mar-18*
3
Jun-18*
QoQ ChangeYoY Change
Net SalesRs m22,54025,42916,968-33.3%-24.7%
Other incomeRs m7172,8391,443-49.2%101.3%
TurnoverRs m23,25728,26818,411-34.9%-20.8%
ExpensesRs m14,27516,64113,591-18.3%-4.8%
Gross profitRs m8,2387,1623,377-52.9%-59.0%
DepreciationRs m1,8232,7411,876-31.6%2.9%
InterestRs m61554876840.2%24.9%
Profit before taxRs m6,5176,7122,175-67.6%-66.6%
TaxRs m1,4052,8981,488-48.7%5.9%
Profit after taxRs m5,1123,813688-82.0%-86.6%
Gross profit margin%36.628.219.9
Effective tax rate%21.643.268.4
Net profit margin%22.013.53.7
* 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 fell 24.7% on a year-on-year (YoY) basis. The expenses were down by 4.8% YoY during the same period.
  • The company's operating profit declined by 59.0% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 19.9% in 1QFY19 as against 36.6% in 1QFY18.
  • Depreciation charges and finance costs increased by 2.9% YoY and 24.9% YoY, respectively.
  • Other income increased by 101.3% YoY during the quarter.
  • Net profit for the quarter declined by 86.6% YoY. Net profit margins during the quarter declined from 22.0% in 1QFY18 to 3.7% in 1QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 33.3% on a quarter-on-quarter (QoQ) basis. The expenses were down by 18.3% QoQ during the same period.
  • The company's operating profit declined by 52.9% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 19.9% in 1QFY19 as against 28.2% in 4QFY18.
  • Net profit for the quarter declined by 82.0% QoQ, while net profit margins declined from 13.5% in 4QFY18 to 3.7% in 1QFY19.

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

NLC INDIA LTD Share Price Performance

Over the last one year, NLC INDIA LTD share price has moved up from Rs 96.5 to Rs 75.2, registering a Loss of Rs 21.3 or around 22.1%.

Meanwhile, the S&P BSE POWER Index is trading at Rs 1,971.6 (up 0.3%). Over the last one year it has moved down from 2,275.2 to 1,971.6, a gain of 304 points (down 13.3%).

Overall, the S&P BSE SENSEX is up 20.1% over the year.

Current Valuations

At the current price of Rs 75.2, the price to earnings (P/E) ratio of NLC INDIA LTD stands at 8.7 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.9 times.

Equitymaster requests your view! Post a comment on "NLC INDIA LTD Announces Quarterly Results (1QFY19); Net Profit Down 86.6%". Click here!

  

Related Views on News

NLC INDIA LTD Announces Quarterly Results (2QFY20); Net Profit Up 68.9% (Quarterly Result Update)

Nov 12, 2019 | Updated on Nov 12, 2019

For the quarter ended September 2019, NLC INDIA LTD has posted a net profit of Rs 4 bn (up 68.9% YoY). Sales on the other hand came in at Rs 18 bn (up 9.8% YoY). Read on for a complete analysis of NLC INDIA LTD's quarterly results.

NLC INDIA LTD Announces Quarterly Results (1QFY20); Net Profit Up 271.6% (Quarterly Result Update)

Aug 7, 2019 | Updated on Aug 7, 2019

For the quarter ended June 2019, NLC INDIA LTD has posted a net profit of Rs 3 bn (up 271.6% YoY). Sales on the other hand came in at Rs 17 bn (down 1.2% YoY). Read on for a complete analysis of NLC INDIA LTD's quarterly results.

NLC INDIA LTD 2017-18 Annual Report Analysis (Annual Result Update)

May 10, 2019 | Updated on May 10, 2019

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

More Views on News

Most Popular

Smallcaps Are in a Sweet Spot Again: Are You Buying?(Profit Hunter)

Jul 3, 2020

This is why I believe smallcaps are the place to be in the near future.

How to Find the Best Stocks for Day Trading - 2(Fast Profits Daily)

Jul 10, 2020

Use this method to identify the right stocks to trade intraday.

How We Made 10%+ Profits Overnight(Fast Profits Daily)

Jul 3, 2020

A simple trade in natural gas delivered more than 10% overnight. Here's how we did it...

From a 57% Fall to Gains of 168%. This is What a Smallcap Rebound Really Looks Like(Profit Hunter)

Jul 7, 2020

This smallcap is essential enough to continue business even amid a second wave of infections, or lockdown.

More

India's #1 Trader
Reveals His Secrets

The Secret to Increasing Your Trading Profits Today
Get this Special Report, The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

NLC INDIA LTD SHARE PRICE


Jul 16, 2020 (Close)

TRACK NLC INDIA LTD

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

NLC INDIA LTD 5-YR ANALYSIS

COMPARE NLC INDIA LTD WITH

MARKET STATS