Coastal Corporation profit decreased 84.16% in (Q4) FY 2019-20

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Team Infinities:

Coastal Corporation Limited BSE Security Code:501831 has declared its 4th(fourth) quarter un-audited Consolidated financial report from the month of January, 2020 to the month of March, 2020; for the fiscal year 2019-20.

Revenue Reported by Coastal Corporation 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)
112.37 200.70 161.86 619.09 616.90
Calculated Revenue of Coastal Corporation 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 %
88.33 44.01%(Revenue Decrease) 49.49 30.58%(Revenue Decrease) 2.19 0.36%(Revenue Increase)

Revenue: Coastal Corporation Limited's financial report shows that the company's revenue decreased by 44.01% in QoQ(Quarter on Quarter) / current quarter(January, 2020 - March, 2020) for revenue decrease of Rs.88.33 crores, as the company posted revenue of Rs.112.37 crores; in compare to previous quarter(October, 2019 - December, 2019) when the company reported revenue of Rs.200.70 crores.
The result also shows that the company's revenue decreased by 30.58% in YoY(Year over Year) / in current quarter(January, 2020 - March, 2020) for revenue decrease of Rs.49.49 crores; in compare to corresponding quarter(January, 2019 - March, 2019) when the company posted revenue of Rs.161.86 crores.
The company also reported that its revenue increased by 0.36% in 12 months end(April, 2019 - March, 2020) for revenue increase of Rs.2.19 crores, since the company reported revenue of Rs.619.09 crores; in compare to corresponding 12 months end(April, 2018 - March. 2019) when the company posted revenue of Rs.616.90 crores.

Gross Margin(%) Reported by Coastal Corporation 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)
43.20 62.97 34.86 29.18 18.17
Calculated Gross Margin(%) of Coastal Corporation 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 %
19.77 31.40%(GM Decrease) 8.34 23.91%(GM Increase) 11.01 60.61%(GM Increase)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM decreased by 31.40% in QoQ(Quarter on Quarter) / current quarter(January, 2020 - March, 2020) for 19.77% GM decrease, as the company reported 43.20% GM; in compare to previous quarter(October, 2019 - December, 2019) when the company reported 62.97% GM.
The result also indicates, the company's GM increased by 23.91% in YoY(Year over Year) / in current quarter(January, 2020 - March, 2020) for 8.34% GM increase; in compare to corresponding quarter(January, 2019 - March, 2019) when the company reported 34.86% GM.
The company also reported that its GM increased by 60.61% in 12 months end(April, 2019 - March, 2020) for 11.01% GM increase, since the company reported 29.18% GM; in compare to corresponding 12 months end(April, 2018 - March. 2019) when the company reported 18.17% GM.

EBITDA Reported by Coastal Corporation 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)
4.05 16.11 13.15 54.80 75.10
Calculated EBITDA of Coastal Corporation 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 %
12.06 74.86%(EBITDA Decrease) 9.10 69.20%(EBITDA Decrease) 20.30 27.03%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA decreased by 74.86% in QoQ(Quarter on Quarter) / current quarter(January, 2020 - March, 2020) for EBITDA decrease of Rs.12.06 crores, as the company posted EBITDA of Rs.4.05 crores; in compare to previous quarter(October, 2019 - December, 2019) when the company reported EBITDA of Rs.16.11 crores.
The result also shows that the company's EBITDA decreased by 69.20% in YoY(Year over Year) / in current quarter(January, 2020 - March, 2020) for EBITDA decrease of Rs.9.10 crores; in compare to corresponding quarter(January, 2019 - March, 2019) when the company posted EBITDA of Rs.13.15 crores.
The company also reported that its EBITDA decreased by 27.03% in 12 months end(April, 2019 - March, 2020) for EBITDA decrease of Rs.20.30 crores, since the company reported EBITDA of Rs.54.80 crores; in compare to corresponding 12 months end(April, 2018 - March. 2019) when the company posted EBITDA of Rs.75.10 crores.

Profit and Loss Reported by Coastal Corporation 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)
1.62(Profit ) 10.23(Profit ) 5.65(Profit ) 34.08(Profit ) 37.86(Profit )
Calculated Profit and Loss of Coastal Corporation 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 %
8.61 84.16%(Profit Decrease) 4.03 71.33%(Profit Decrease) 3.78 9.98%(Profit Decrease)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's profit decreased by 84.16% in QoQ(Quarter on Quarter) / current quarter(January, 2020 - March, 2020) for profit decrease of Rs.8.61 crores, as the company posted profit of Rs.1.62 crores; in compare to previous quarter(October, 2019 - December, 2019) when the company reported profit of Rs.10.23 crores.
The result also shows that the company's profit decreased by 71.33% in YoY(Year over Year) / in current quarter(January, 2020 - March, 2020) for profit decrease of Rs.4.03 crores; in compare to corresponding quarter(January, 2019 - March, 2019) when the company posted profit of Rs.5.65 crores.
The company also reported that its profit decreased by 9.98% in 12 months end(April, 2019 - March, 2020) for profit decrease of Rs.3.78 crores, since the company reported profit of Rs.34.08 crores; in compare to corresponding 12 months end(April, 2018 - March. 2019) when the company posted profit of Rs.37.86 crores.

EPS Reported by Coastal Corporation 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 10.06 5.56 33.51 37.23
Calculated EPS of Coastal Corporation 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 %
8.47 84.19%(EPS Decrease) 3.97 71.40%(EPS Decrease) 3.72 9.99%(EPS Decrease)

EPS /Earning per Share: The company's financial report shows that the company's EPS decreased by 84.19% in QoQ(Quarter on Quarter) / current quarter(January, 2020 - March, 2020) for EPS decrease of Rs.8.47, as the company posted EPS of Rs.1.59; in compare to previous quarter(October, 2019 - December, 2019) when the company reported EPS of Rs.10.06.
The result also shows that the company's EPS decreased by 71.40% in YoY(Year over Year) / in current quarter(January, 2020 - March, 2020) for EPS decrease of Rs.3.97; in compare to corresponding quarter(January, 2019 - March, 2019) when the company posted EPS of Rs.5.56.
The company also reported that its EPS decreased by 9.99% in 12 months end(April, 2019 - March, 2020) for EPS decrease of Rs.3.72, since the company reported EPS of Rs.33.51; in compare to corresponding 12 months end(April, 2018 - March. 2019) when the company posted EPS of Rs.37.23.

Assets Reported by Coastal Corporation 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 73.29 61.08 207.30 230.25
  Change Change % Change Change %
Calculated 12.21 19.99%(Assets Increase) 22.95 9.97%(Assets Decrease)

Assets:The company reported its non-current assets increased by 19.99% in current year end(March, 2020) for non-current assets increase of Rs.12.21 crores, since the company reported net non-current assets of Rs.73.29 crores; in compare to previous year end(March, 2019) when the company reported net non-current assets of Rs.61.08 crores.
The balance sheet of the company also shows that, its current assets decreased by 9.97% in current year end(March, 2020) for current assets decrease of Rs.22.95 crores, as the company reported net current assets of Rs.207.30 crores; against previous year end(March, 2019) when the company reported net current assets of Rs.230.25 crores.

Liabilities Reported by Coastal Corporation 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 3.01 4.84 134.40 173.00
  Change Change % Change Change %
Calculated 1.83 37.81%(Liabilities Decrease) 38.60 22.31%(Liabilities Decrease)

Liabilities:The company reported its non-current liabilities decreased by 37.81% in current year end(March, 2020) for non-current liabilities decrease of Rs.1.83 crores, since the company reported net non-current liabilities of Rs.3.01 crores; in compare to previous year end(March, 2019) when the company reported net non-current liabilities of Rs.4.84 crores.
The balance sheet of the company also shows that, its current liabilities decreased by 22.31% in current year end(March, 2020) for current liabilities decrease of Rs.38.60 crores, as the company reported net current liabilities of Rs.134.40 crores; against previous year end(March, 2019) when the company reported net current liabilities of Rs.173.00 crores.

 


***All amounts are given in Crore 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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