Stock Report

Ganesh Benzoplast Ltd Q2FY21 consolidated PAT at Rs. 9.55 crore



Posted On : 2020-11-14 00:00:58( TIMEZONE : IST )

Ganesh Benzoplast Ltd Q2FY21 consolidated PAT at Rs. 9.55 crore

GANESH BENZOPLAST LTD. has reported financial results for the period ended March 31, 2020.

Financial Results (Q4 FY19-20) - QoQ Comparison

The company has reported total income of Rs.54.58 crores during the period ended March 31, 2020 as compared to Rs.51.96 crores during the period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.9.55 crores for the period ended March 31, 2020 as against net profit / (loss) of Rs.14.27 crores for the period ended December 31, 2019.

The company has reported EPS of Rs.1.84 for the period ended March 31, 2020 as compared to Rs.2.76 for the period ended December 31, 2019.

FinancialsQ4 FY19-20Q3 FY19-20% Change
Total Income₹ 54.58 crs₹ 51.96 crsUp Tick 5.04%
Net Profit₹ 9.55 crs₹ 14.27 crsDown Tick -33.08%
EPS₹ 1.84₹ 2.76Down Tick -33.33%

Financial Results (Q4 FY19-20) - YoY Comparison

The company has reported total income of Rs.54.58 crores during the period ended March 31, 2020 as compared to Rs.50.33 crores during the period ended March 31, 2019.

The company has posted net profit / (loss) of Rs.9.55 crores for the period ended March 31, 2020 as against net profit / (loss) of Rs.8.94 crores for the period ended March 31, 2019.

The company has reported EPS of Rs.1.84 for the period ended March 31, 2020 as compared to Rs.1.73 for the period ended March 31, 2019.

FinancialsQ4 FY19-20Q4 FY18-19% Change
Total Income₹ 54.58 crs₹ 50.33 crsUp Tick 8.44%
Net Profit₹ 9.55 crs₹ 8.94 crsUp Tick 6.82%
EPS₹ 1.84₹ 1.73Up Tick 6.36%

Financial Results (12 months ended FY 19-20) - YoY Comparison

The company has reported total income of Rs.106.55 crores during the 6 months period ended March 31, 2020 as compared to Rs.118.97 crores during the 6 months period ended March 31, 2019.

The company has posted net profit / (loss) of Rs.23.83 crores for the 6 months period ended March 31, 2020 as against net profit / (loss) of Rs.15.35 crores for the 6 months period ended March 31, 2019.

The company has reported EPS of Rs.4.60 for the 6 months period ended March 31, 2020 as compared to Rs.2.96 for the 6 months period ended March 31, 2019.

FinancialsYear Ended FY19-20Year Ended FY18-19% Change
Total Income₹ 106.55 crs₹ 118.97 crsDown Tick -10.44%
Net Profit₹ 23.83 crs₹ 15.35 crsUp Tick 55.24%
EPS₹ 4.60₹2.96Up Tick 55.41%

The profit was impacted due to increase in finance cost to the tune of Rs. 22.59 Mn. in the current quarter is on account of payment of long disputed interest to creditors of chemical division. There was also exceptional expenses to the tune of Rs. 1.60 crore pertaining to the Chemical division. The profit was also impacted as the company started providing for tax of Rs. 3.22 crore in Q2FY21.

Shares of GANESH BENZOPLAST LTD. was last trading in BSE at Rs.69.15 as compared to the previous close of Rs. 66.75. The total number of shares traded during the day was 222539 in over 724 trades.

The stock hit an intraday high of Rs. 70 and intraday low of 65.95. The net turnover during the day was Rs. 15245861.

Source : Equity Bulls

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