Tata Coffee profit decreased 31.17% in (Q2) FY 2020-21

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Team Infinities:

Tata Coffee Limited NSE Symbol:TATACOFFEE, BSE Security Code:532301 has declared its 2nd(second) quarter unaudited consolidated financial report from the month of July, 2020 to the month of September, 2020; for the fiscal year 2020-21.

Revenue Reported by Tata Coffee Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
546.63 591.86 486.05 1138.49 957.57
Calculated Revenue of Tata Coffee Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
45.23 7.64%(Revenue Decrease) 60.58 12.46%(Revenue Increase) 180.92 18.89%(Revenue Increase)

Revenue: Tata Coffee Limited's financial report shows that the company's revenue decreased by 7.64% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for revenue decrease of Rs.45.23 crores, as the company posted revenue of Rs.546.63 crores; in compare to previous quarter(April, 2020 - June, 2020) when the company reported revenue of Rs.591.86 crores.
The result also shows that the company's revenue increased by 12.46% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for revenue increase of Rs.60.58 crores; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted revenue of Rs.486.05 crores.
The company also reported that its revenue increased by 18.89% in 6 months end(April, 2020 - September, 2020) for revenue increase of Rs.180.92 crores, since the company reported revenue of Rs.1138.49 crores; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted revenue of Rs.957.57 crores.

Gross Margin(%) Reported by Tata Coffee Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
57.29 34.79 45.36 45.60 46.72
Calculated Gross Margin(%) of Tata Coffee Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
22.50 64.69%(GM Increase) 11.93 26.29%(GM Increase) 1.12 2.40%(GM Decrease)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM increased by 64.69% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for 22.50% GM increase, as the company reported 57.29% GM; in compare to previous quarter(April, 2020 - June, 2020) when the company reported 34.79% GM.
The result also indicates, the company's GM increased by 26.29% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for 11.93% GM increase; in compare to corresponding quarter(July, 2019 - September, 2019) when the company reported 45.36% GM.
The company also reported that its GM decreased by 2.40% in 6 months end(April, 2020 - September, 2020) for 1.12% GM decrease, since the company reported 45.60% GM; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company reported 46.72% GM.

EBITDA Reported by Tata Coffee Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
91.89 114.93 84.23 206.82 167.93
Calculated EBITDA of Tata Coffee Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
23.04 20.05%(EBITDA Decrease) 7.66 9.09%(EBITDA Increase) 38.89 23.16%(EBITDA Increase)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA decreased by 20.05% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EBITDA decrease of Rs.23.04 crores, as the company posted EBITDA of Rs.91.89 crores; in compare to previous quarter(April, 2020 - June, 2020) when the company reported EBITDA of Rs.114.93 crores.
The result also shows that the company's EBITDA increased by 9.09% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EBITDA increase of Rs.7.66 crores; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted EBITDA of Rs.84.23 crores.
The company also reported that its EBITDA increased by 23.16% in 6 months end(April, 2020 - September, 2020) for EBITDA increase of Rs.38.89 crores, since the company reported EBITDA of Rs.206.82 crores; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted EBITDA of Rs.167.93 crores.

Profit and Loss Reported by Tata Coffee Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
42.40(Profit ) 61.60(Profit ) 40.13(Profit ) 104.00(Profit ) 74.97(Profit )
Calculated Profit and Loss of Tata Coffee Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
19.20 31.17%(Profit Decrease) 2.27 5.66%(Profit Increase) 29.03 38.72%(Profit Increase)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's profit decreased by 31.17% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for profit decrease of Rs.19.20 crores, as the company posted profit of Rs.42.40 crores; in compare to previous quarter(April, 2020 - June, 2020) when the company reported profit of Rs.61.60 crores.
The result also shows that the company's profit increased by 5.66% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for profit increase of Rs.2.27 crores; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted profit of Rs.40.13 crores.
The company also reported that its profit increased by 38.72% in 6 months end(April, 2020 - September, 2020) for profit increase of Rs.29.03 crores, since the company reported profit of Rs.104.00 crores; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted profit of Rs.74.97 crores.

EPS Reported by Tata Coffee Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
1.24 1.92 1.37 3.17 2.55
Calculated EPS of Tata Coffee Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
0.68 35.42%(EPS Decrease) 0.13 9.49%(EPS Decrease) 0.62 24.31%(EPS Increase)

EPS /Earning per Share: The company's financial report shows that the company's EPS decreased by 35.42% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EPS decrease of Rs.0.68, as the company posted EPS of Rs.1.24; in compare to previous quarter(April, 2020 - June, 2020) when the company reported EPS of Rs.1.92.
The result also shows that the company's EPS decreased by 9.49% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EPS decrease of Rs.0.13; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted EPS of Rs.1.37.
The company also reported that its EPS increased by 24.31% in 6 months end(April, 2020 - September, 2020) for EPS increase of Rs.0.62, since the company reported EPS of Rs.3.17; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted EPS of Rs.2.55.

Assets Reported by Tata Coffee Limited for Second Quarter FY, 2020-21
Details Non-current Assets Current Assets
Current Year Ended(September, 2020) Previous Year End(March, 2020) Current Year Ended(September, 2020) Previous Year End(March, 2020)
Reported 2502.10 2591.28 986.88 971.63
  Change Change % Change Change %
Calculated 89.18 3.44%(Assets Decrease) 15.25 1.57%(Assets Increase)

Assets:The company reported its non-current assets decreased by 3.44% in current quarter(September, 2020) for non-current assets decrease of Rs.89.18 crores, since the company reported net non-current assets of Rs.2502.10 crores; in compare to previous year end(March, 2020) when the company reported net non-current assets of Rs.2591.28 crores.
The balance sheet of the company also shows that, its current assets increased by 1.57% in current quarter(September, 2020) for current assets increase of Rs.15.25 crores, as the company reported net current assets of Rs.986.88 crores; against previous year end(March, 2020) when the company reported net current assets of Rs.971.63 crores.

Liabilities Reported by Tata Coffee Limited for Second Quarter FY, 2020-21
Details Non-current Liabilities Current Liabilities
Current Year Ended(September, 2020) Previous Year End(March, 2020) Current Year Ended(September, 2020) Previous Year End(March, 2020)
Reported 1222.45 1306.25 549.77 573.25
  Change Change % Change Change %
Calculated 83.80 6.42%(Liabilities Decrease) 23.48 4.10%(Liabilities Decrease)

Liabilities:The company reported its non-current liabilities decreased by 6.42% in current quarter(September, 2020) for non-current liabilities decrease of Rs.83.80 crores, since the company reported net non-current liabilities of Rs.1222.45 crores; in compare to previous year end(March, 2020) when the company reported net non-current liabilities of Rs.1306.25 crores.
The balance sheet of the company also shows that, its current liabilities decreased by 4.10% in current quarter(September, 2020) for current liabilities decrease of Rs.23.48 crores, as the company reported net current liabilities of Rs.549.77 crores; against previous year end(March, 2020) when the company reported net current liabilities of Rs.573.25 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.