Zenith Exports posted profit of Rs.8.70 millions in (Q4) FY 2019-20

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Team Infinities:

Zenith Exports Limited NSE Symbol:ZENITHEXPO, BSE Security Code:512553 has declared its 4th(fourth) quarter audited Standalone financial report from the month of January, 2020 to the month of March, 2020; for the fiscal year 2019-20.

Revenue Reported by Zenith Exports Limited for Fourth Quarter FY, 2019-20
Current Quarter (January, 2020 - March, 2020) Previous Quarter (October, 2019 - December, 2019) Corresponding Quarter (January, 2019 - March, 2019) 12 Months Ended (April, 2019 - March, 2020) Corresponding 12 Months Ended (April, 2018 - March, 2019)
206.80 176.10 226.80 885.00 1002.00
Calculated Revenue of Zenith Exports Limited for Fourth Quarter FY, 2019-20
Current(March, 2020) VS Previous(December, 2019) Current(March, 2020) VS Corresponding(March, 2019) 12 months Ended(April, 2019 - March, 2020) VS Corresponding 12 months Ended(April, 2018 - March, 2019)
Change Change % Change Change % Change Change %
30.70 17.43%(Revenue Increase) 20.00 8.82%(Revenue Decrease) 117.00 11.68%(Revenue Decrease)

Revenue: Zenith Exports Limited's financial report shows that the company's revenue increased by 17.43% in QoQ(Quarter on Quarter) / current quarter(January, 2020 - March, 2020) for revenue increase of Rs.30.70 millions, as the company posted revenue of Rs.206.80 millions; in compare to previous quarter(October, 2019 - December, 2019) when the company reported revenue of Rs.176.10 millions.
The result also shows that the company's revenue decreased by 8.82% in YoY(Year over Year) / in current quarter(January, 2020 - March, 2020) for revenue decrease of Rs.20.00 millions; in compare to corresponding quarter(January, 2019 - March, 2019) when the company posted revenue of Rs.226.80 millions.
The company also reported that its revenue decreased by 11.68% in 12 months end(April, 2019 - March, 2020) for revenue decrease of Rs.117.00 millions, since the company reported revenue of Rs.885.00 millions; in compare to corresponding 12 months end(April, 2018 - March. 2019) when the company posted revenue of Rs.1002.00 millions.

Gross Margin(%) Reported by Zenith Exports Limited for Fourth Quarter FY, 2019-20
Current Quarter (January, 2020 - March, 2020) Previous Quarter (October, 2019 - December, 2019) Corresponding Quarter (January, 2019 - March, 2019) 12 Months Ended (April, 2019 - March, 2020) Corresponding 12 Months Ended (April, 2018 - March, 2019)
56.65 26.80 31.14 63.98 16.20
Calculated Gross Margin(%) of Zenith Exports Limited for Fourth Quarter FY, 2019-20
Current(March, 2020) VS Previous(December, 2019) Current(March, 2020) VS Corresponding(March, 2019) 12 months Ended(April, 2019 - March, 2020) VS Corresponding 12 months Ended(April, 2018 - March, 2019)
Change Change % Change Change % Change Change %
29.85 111.36%(GM Increase) 25.51 81.94%(GM Increase) 47.78 294.95%(GM Increase)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM increased by 111.36% in QoQ(Quarter on Quarter) / current quarter(January, 2020 - March, 2020) for 29.85% GM increase, as the company reported 56.65% GM; in compare to previous quarter(October, 2019 - December, 2019) when the company reported 26.80% GM.
The result also indicates, the company's GM increased by 81.94% in YoY(Year over Year) / in current quarter(January, 2020 - March, 2020) for 25.51% GM increase; in compare to corresponding quarter(January, 2019 - March, 2019) when the company reported 31.14% GM.
The company also reported that its GM increased by 294.95% in 12 months end(April, 2019 - March, 2020) for 47.78% GM increase, since the company reported 63.98% GM; in compare to corresponding 12 months end(April, 2018 - March. 2019) when the company reported 16.20% GM.

EBITDA Reported by Zenith Exports Limited for Fourth Quarter FY, 2019-20
Current Quarter (January, 2020 - March, 2020) Previous Quarter (October, 2019 - December, 2019) Corresponding Quarter (January, 2019 - March, 2019) 12 Months Ended (April, 2019 - March, 2020) Corresponding 12 Months Ended (April, 2018 - March, 2019)
12.60 6.90(Negative) 11.70(Negative) 9.70 68.20(Negative)
Calculated EBITDA of Zenith Exports Limited for Fourth Quarter FY, 2019-20
Current(March, 2020) VS Previous(December, 2019) Current(March, 2020) VS Corresponding(March, 2019) 12 months Ended(April, 2019 - March, 2020) VS Corresponding 12 months Ended(April, 2018 - March, 2019)
Change Change % Change Change % Change Change %
19.50 282.61%(EBITDA Increase) 24.30 207.69%(EBITDA Increase) 77.90 114.22%(EBITDA Increase)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA increased by 282.61% in QoQ(Quarter on Quarter) / current quarter(January, 2020 - March, 2020) for EBITDA increase of Rs.19.50 millions, as the company posted EBITDA of Rs.12.60 millions; in compare to previous quarter(October, 2019 - December, 2019) when the company reported Negative EBITDA of Rs.6.90 millions.
The result also shows that the company's EBITDA increased by 207.69% in YoY(Year over Year) / in current quarter(January, 2020 - March, 2020) for EBITDA increase of Rs.24.30 millions; in compare to corresponding quarter(January, 2019 - March, 2019) when the company posted Negative EBITDA of Rs.11.70 millions.
The company also reported that its EBITDA increased by 114.22% in 12 months end(April, 2019 - March, 2020) for EBITDA increase of Rs.77.90 millions, since the company reported EBITDA of Rs.9.70 millions; in compare to corresponding 12 months end(April, 2018 - March. 2019) when the company posted Negative EBITDA of Rs.68.20 millions.

Profit and Loss Reported by Zenith Exports Limited for Fourth Quarter FY, 2019-20
Current Quarter (January, 2020 - March, 2020) Previous Quarter (October, 2019 - December, 2019) Corresponding Quarter (January, 2019 - March, 2019) 12 Months Ended (April, 2019 - March, 2020) Corresponding 12 Months Ended (April, 2018 - March, 2019)
8.70(Profit ) 9.80(Loss ) 16.60(Loss ) 15.60(Loss ) 78.70(Loss )
Calculated Profit and Loss of Zenith Exports Limited for Fourth Quarter FY, 2019-20
Current(March, 2020) VS Previous(December, 2019) Current(March, 2020) VS Corresponding(March, 2019) 12 months Ended(April, 2019 - March, 2020) VS Corresponding 12 months Ended(April, 2018 - March, 2019)
Change Change % Change Change % Change Change %
18.50 188.78%(Profit Increase) 25.30 152.41%(Profit Increase) 63.10 80.18%(Loss Decrease)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's profit increased by 188.78% in QoQ(Quarter on Quarter) / current quarter(January, 2020 - March, 2020) for profit increase of Rs.18.50 millions, as the company posted profit of Rs.8.70 millions; in compare to previous quarter(October, 2019 - December, 2019) when the company reported loss of Rs.9.80 millions. Please note that the company has received a Tax Credit worth Rs.2.8 million in the current quarter.
The result also shows that the company's profit increased by 152.41% in YoY(Year over Year) / in current quarter(January, 2020 - March, 2020) for profit increase of Rs.25.30 millions; in compare to corresponding quarter(January, 2019 - March, 2019) when the company posted loss of Rs.16.60 millions.
The company also reported that its loss decreased by 80.18% in 12 months end(April, 2019 - March, 2020) for loss decrease of Rs.63.10 millions, since the company reported loss of Rs.15.60 millions; in compare to corresponding 12 months end(April, 2018 - March. 2019) when the company posted loss of Rs.78.70 millions.

EPS Reported by Zenith Exports Limited for Fourth Quarter FY, 2019-20
Current Quarter (January, 2020 - March, 2020) Previous Quarter (October, 2019 - December, 2019) Corresponding Quarter (January, 2019 - March, 2019) 12 Months Ended (April, 2019 - March, 2020) Corresponding 12 Months Ended (April, 2018 - March, 2019)
1.59 1.81(Negative) 3.07(Negative) 2.90(Negative) 14.58(Negative)
Calculated EPS of Zenith Exports Limited for Fourth Quarter FY, 2019-20
Current(March, 2020) VS Previous(December, 2019) Current(March, 2020) VS Corresponding(March, 2019) 12 months Ended(April, 2019 - March, 2020) VS Corresponding 12 months Ended(April, 2018 - March, 2019)
Change Change % Change Change % Change Change %
3.40 187.85%(EPS Increase) 4.66 151.79%(EPS Increase) 11.68 80.11%(EPS Increase)

EPS /Earning per Share: The company's financial report shows that the company's EPS increased by 187.85% in QoQ(Quarter on Quarter) / current quarter(January, 2020 - March, 2020) for EPS increase of Rs.3.40, as the company posted EPS of Rs.1.59; in compare to previous quarter(October, 2019 - December, 2019) when the company reported Negative EPS of Rs.1.81.
The result also shows that the company's EPS increased by 151.79% in YoY(Year over Year) / in current quarter(January, 2020 - March, 2020) for EPS increase of Rs.4.66; in compare to corresponding quarter(January, 2019 - March, 2019) when the company posted Negative EPS of Rs.3.07.
The company also reported that its EPS increased by 80.11% in 12 months end(April, 2019 - March, 2020) for EPS increase of Rs.11.68, since the company reported Negative EPS of Rs.2.90; in compare to corresponding 12 months end(April, 2018 - March. 2019) when the company posted Negative EPS of Rs.14.58.

Assets Reported by Zenith Exports Limited for Fourth Quarter FY, 2019-20
Details Non-current Assets Current Assets
Current Year Ended(March, 2020) Previous Year End(March, 2019) Current Year Ended(March, 2020) Previous Year End(March, 2019)
Reported 255.00 257.10 737.30 818.30
  Change Change % Change Change %
Calculated 2.10 0.82%(Assets Decrease) 81.00 9.90%(Assets Decrease)

Assets:The company reported its non-current assets decreased by 0.82% in current year end(March, 2020) for non-current assets decrease of Rs.2.10 millions, since the company reported net non-current assets of Rs.255.00 millions; in compare to previous year end(March, 2019) when the company reported net non-current assets of Rs.257.10 millions.
The balance sheet of the company also shows that, its current assets decreased by 9.90% in current year end(March, 2020) for current assets decrease of Rs.81.00 millions, as the company reported net current assets of Rs.737.30 millions; against previous year end(March, 2019) when the company reported net current assets of Rs.818.30 millions.

Liabilities Reported by Zenith Exports Limited for Fourth Quarter FY, 2019-20
Details Non-current Liabilities Current Liabilities
Current Year Ended(March, 2020) Previous Year End(March, 2019) Current Year Ended(March, 2020) Previous Year End(March, 2019)
Reported 27.10 25.20 178.30 247.70
  Change Change % Change Change %
Calculated 1.90 7.54%(Liabilities Increase) 69.40 28.02%(Liabilities Decrease)

Liabilities:The company reported its non-current liabilities increased by 7.54% in current year end(March, 2020) for non-current liabilities increase of Rs.1.90 millions, since the company reported net non-current liabilities of Rs.27.10 millions; in compare to previous year end(March, 2019) when the company reported net non-current liabilities of Rs.25.20 millions.
The balance sheet of the company also shows that, its current liabilities decreased by 28.02% in current year end(March, 2020) for current liabilities decrease of Rs.69.40 millions, as the company reported net current liabilities of Rs.178.30 millions; against previous year end(March, 2019) when the company reported net current liabilities of Rs.247.70 millions.

 


***All amounts are given in Million Indian Rupees(INR) except EPS (Earnings per share) which are in Indian Rupees(INR) only.***
Gross Margin=Total Revenue from Operations -(Cost of Materials Consumed + Purchases of stock-in-trade - Changes in inventories of finished goods, work-in-progress and stock-in-trade).
Gross Margin%=(Gross Margin / Total Revenue from Operations)*100.
EBITDA=Commission/Interest + Depreciation and Amortization + Tax + Profit/Loss (PAT).
1 Lac = 100,000.
1 Million = 10 Lacs.
1 Crore = 10 Millions.
1 Crore = 100 Lacs.
1 Billion = 1000 Millions.
1 Billion = 100 Crores.

 

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