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Avenue Supermarts Ltd Q3FY21 consolidated PAT higher at Rs. 446.97 crores



Posted On : 2021-01-10 17:44:43( TIMEZONE : IST )

Avenue Supermarts Ltd Q3FY21 consolidated PAT higher at Rs. 446.97 crores

Avenue Supermarts Ltd has reported financial results for the period ended December 31, 2020.

Financial Results (Q3 FY20-21) - QoQ Comparison

The company has reported total income of Rs.7587.32 crores during the period ended December 31, 2020 as compared to Rs.5358.37 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.446.97 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.198.55 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.6.85 for the period ended December 31, 2020 as compared to Rs.3.04 for the period ended September 30, 2020.

FinancialsQ3 FY20-21Q2 FY20-21% Change
Total Income₹ 7587.32 crs₹ 5358.37 crsUp Tick 41.6%
Net Profit₹ 446.97 crs₹ 198.55 crsUp Tick 125.12%
EPS₹ 6.85₹ 3.04Up Tick 125.33%

Financial Results (Q3 FY20-21) - YoY Comparison

The company has reported total income of Rs.7587.32 crores during the period ended December 31, 2020 as compared to Rs.6815 crores during the period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.446.97 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.384.04 crores for the period ended December 31, 2019.

The company has reported EPS of Rs.6.85 for the period ended December 31, 2020 as compared to Rs.6.09 for the period ended December 31, 2019.

FinancialsQ3 FY20-21Q3 FY19-20% Change
Total Income₹ 7587.32 crs₹ 6815 crsUp Tick 11.33%
Net Profit₹ 446.97 crs₹ 384.04 crsUp Tick 16.39%
EPS₹ 6.85₹ 6.09Up Tick 12.48%

Financial Results (9 Months ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.16879.47 crores during the 9 months period ended December 31, 2020 as compared to Rs.18639.41 crores during the 9 months period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.685.61 crores for the 9 months period ended December 31, 2020 as against net profit / (loss) of Rs.1029.79 crores for the 9 months period ended December 31, 2019.

The company has reported EPS of Rs.10.51 for the 9 months period ended December 31, 2020 as compared to Rs.16.3 for the 9 months period ended December 31, 2019.

Financials9 Months ended FY20-219 Months ended FY19-20% Change
Total Income₹ 16879.47 crs₹ 18639.41 crsDown Tick -9.44%
Net Profit₹ 685.61 crs₹ 1029.79 crsDown Tick -33.42%
EPS₹ 10.51₹16.3Down Tick -35.52%

Standalone results

Total Revenue for the quarter ended December 31, 2020 stood at Rs. 7,433 crore, as compared to Rs. 6,752 crore in the same period last year. Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) in Q3FY21 stood at Rs. 691 crore, as compared to Rs. 593 crore in the corresponding quarter of last year. EBITDA margin stood at 9.3% in Q3FY21 as compared to 8.8% in Q3FY20.

Net Profit stood at Rs. 470 crore for Q3FY21, as compared to Rs. 394 crore in the corresponding quarter of last year. PAT margin stood at 6.3% in Q3FY21 as compared to 5.8% in Q3FY20.

Basic Earnings per share (EPS) for Q3FY21 stood at Rs.7.26, as compared with Rs.6.30 for Q3FY20.

Total Revenue for 9MFY21 stood at Rs. 16,484 crore, as compared to Rs. 18,481 crore in the same period last year. Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) in 9MFY21 stood at Rs. 1,125 crore, as compared to Rs. 1,704 crore during 9MFY20. EBITDA margin stood at 6.8% in 9MFY21 as compared to 9.2% in 9MFY20.

Net Profit stood at Rs. 730 crore for 9MFY21, as compared to Rs. 1,063 crore in 9MFY20. PAT margin stood at 4.4% in 9MFY21 as compared to 5.7% in 9MFY20.

Basic Earnings per share (EPS) for 9MFY21 stood at Rs.11.27, as compared with Rs.17.02 for 9MFY20.

Consolidated results

Total Revenue for the quarter ended December 31, 2020 stood at Rs. 7,542 crore, as compared to Rs. 6,809 crore in the same period last year. Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) in Q3FY21 stood at Rs.689 crore, as compared to Rs. 597 crore in the corresponding quarter of last year. EBITDA margin stood at 9.1% in Q3FY21 as compared to 8.8% in Q3FY20.

Net Profit stood at Rs. 447 crore for Q3FY21, as compared to Rs. 384 crore in the corresponding quarter of last year. PAT margin stood at 5.9% in Q3FY21 as compared to 5.6% in Q3FY20.

Basic Earnings per share (EPS) for Q3FY21 stood at Rs. 6.90, as compared with Rs. 6.14 for Q3FY20.

Total Revenue for 9MFY21 stood at Rs. 16,731 crore, as compared to Rs. 18,614 crore in the same period last year. Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) in 9MFY21 stood at Rs. 1,130 crore, as compared to Rs. 1,711 crore during 9MFY20. EBITDA margin stood at 6.8% in 9MFY21 as compared to 9.2% in 9MFY20.

Net Profit stood at Rs. 686 crore for 9MFY21, as compared to Rs. 1,030 crore in 9MFY20. PAT margin stood at 4.1% in 9MFY21 as compared to 5.5% in 9MFY20.

Basic Earnings per share (EPS) for 9MFY21 stood at Rs. 10.58 as compared with Rs. 16.49 for 9MFY20.

Shares of Avenue Supermarts Ltd was last trading in BSE at Rs.2967.55 as compared to the previous close of Rs. 2918. The total number of shares traded during the day was 26242 in over 2888 trades.

The stock hit an intraday high of Rs. 2995.95 and intraday low of 2935.9. The net turnover during the day was Rs. 77651246.

Source : Equity Bulls

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