Privi Speciality Chemicals profit decreases 19.97% in (Q2) FY 2020-21

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Team Infinities:

Privi Speciality Chemicals Limited NSE Symbol:PRIVISCL, BSE Security Code:530117 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 Privi Speciality Chemicals 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)
315.81 294.24 335.85 610.05 721.24
Calculated Revenue of Privi Speciality Chemicals 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 %
21.57 7.33%(Revenue Increase) 20.04 5.97%(Revenue Decrease) 111.19 15.42%(Revenue Decrease)

Revenue: Privi Speciality Chemicals Limited's financial report shows that the company's revenue increased by 7.33% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for revenue increase of Rs.21.57 crores, as the company posted revenue of Rs.315.81 crores; in compare to previous quarter(April, 2020 - June, 2020) when the company reported revenue of Rs.294.24 crores.
The result also shows that the company's revenue decreased by 5.97% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for revenue decrease of Rs.20.04 crores; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted revenue of Rs.335.85 crores.
The company also reported that its revenue decreased by 15.42% in 6 months end(April, 2020 - September, 2020) for revenue decrease of Rs.111.19 crores, since the company reported revenue of Rs.610.05 crores; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted revenue of Rs.721.24 crores.

Gross Margin(%) Reported by Privi Speciality Chemicals 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)
30.76 43.59 12.19 40.06 24.22
Calculated Gross Margin(%) of Privi Speciality Chemicals 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 %
12.83 29.43%(GM Decrease) 18.57 152.38%(GM Increase) 15.84 65.42%(GM Increase)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM decreased by 29.43% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for 12.83% GM decrease, as the company reported 30.76% GM; in compare to previous quarter(April, 2020 - June, 2020) when the company reported 43.59% GM.
The result also indicates, the company's GM increased by 152.38% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for 18.57% GM increase; in compare to corresponding quarter(July, 2019 - September, 2019) when the company reported 12.19% GM.
The company also reported that its GM increased by 65.42% in 6 months end(April, 2020 - September, 2020) for 15.84% GM increase, since the company reported 40.06% GM; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company reported 24.22% GM.

EBITDA Reported by Privi Speciality Chemicals 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)
48.30 53.46 558.90 101.75 142.85
Calculated EBITDA of Privi Speciality Chemicals 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 %
5.16 9.65%(EBITDA Decrease) 510.60 91.36%(EBITDA Decrease) 41.10 28.77%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA decreased by 9.65% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EBITDA decrease of Rs.5.16 crores, as the company posted EBITDA of Rs.48.30 crores; in compare to previous quarter(April, 2020 - June, 2020) when the company reported EBITDA of Rs.53.46 crores.
The result also shows that the company's EBITDA decreased by 91.36% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EBITDA decrease of Rs.510.60 crores; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted EBITDA of Rs.558.90 crores.
The company also reported that its EBITDA decreased by 28.77% in 6 months end(April, 2020 - September, 2020) for EBITDA decrease of Rs.41.10 crores, since the company reported EBITDA of Rs.101.75 crores; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted EBITDA of Rs.142.85 crores.

Profit and Loss Reported by Privi Speciality Chemicals 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)
16.99(Profit ) 21.23(Profit ) 47.96(Profit ) 38.21(Profit ) 79.51(Profit )
Calculated Profit and Loss of Privi Speciality Chemicals 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 %
4.24 19.97%(Profit Decrease) 30.97 64.57%(Profit Decrease) 41.30 51.94%(Profit Decrease)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's profit decreased by 19.97% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for profit decrease of Rs.4.24 crores, as the company posted profit of Rs.16.99 crores; in compare to previous quarter(April, 2020 - June, 2020) when the company reported profit of Rs.21.23 crores.
The result also shows that the company's profit decreased by 64.57% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for profit decrease of Rs.30.97 crores; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted profit of Rs.47.96 crores.
The company also reported that its profit decreased by 51.94% in 6 months end(April, 2020 - September, 2020) for profit decrease of Rs.41.30 crores, since the company reported profit of Rs.38.21 crores; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted profit of Rs.79.51 crores.

EPS Reported by Privi Speciality Chemicals 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)
4.23 5.35 12.34 9.58 20.37
Calculated EPS of Privi Speciality Chemicals 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 %
1.12 20.93%(EPS Decrease) 8.11 65.72%(EPS Decrease) 10.79 52.97%(EPS Decrease)

EPS /Earning per Share: The company's financial report shows that the company's EPS decreased by 20.93% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EPS decrease of Rs.1.12, as the company posted EPS of Rs.4.23; in compare to previous quarter(April, 2020 - June, 2020) when the company reported EPS of Rs.5.35.
The result also shows that the company's EPS decreased by 65.72% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EPS decrease of Rs.8.11; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted EPS of Rs.12.34.
The company also reported that its EPS decreased by 52.97% in 6 months end(April, 2020 - September, 2020) for EPS decrease of Rs.10.79, since the company reported EPS of Rs.9.58; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted EPS of Rs.20.37.

Assets Reported by Privi Speciality Chemicals 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 688.79 656.00 631.97 727.69
  Change Change % Change Change %
Calculated 32.79 5.00%(Assets Increase) 95.72 13.15%(Assets Decrease)

Assets:The company reported its non-current assets increased by 5.00% in current quarter(September, 2020) for non-current assets increase of Rs.32.79 crores, since the company reported net non-current assets of Rs.688.79 crores; in compare to previous year end(March, 2020) when the company reported net non-current assets of Rs.656.00 crores.
The balance sheet of the company also shows that, its current assets decreased by 13.15% in current quarter(September, 2020) for current assets decrease of Rs.95.72 crores, as the company reported net current assets of Rs.631.97 crores; against previous year end(March, 2020) when the company reported net current assets of Rs.727.69 crores.

Liabilities Reported by Privi Speciality Chemicals 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 250.43 258.26 420.86 513.37
  Change Change % Change Change %
Calculated 7.83 3.03%(Liabilities Decrease) 92.51 18.02%(Liabilities Decrease)

Liabilities:The company reported its non-current liabilities decreased by 3.03% in current quarter(September, 2020) for non-current liabilities decrease of Rs.7.83 crores, since the company reported net non-current liabilities of Rs.250.43 crores; in compare to previous year end(March, 2020) when the company reported net non-current liabilities of Rs.258.26 crores.
The balance sheet of the company also shows that, its current liabilities decreased by 18.02% in current quarter(September, 2020) for current liabilities decrease of Rs.92.51 crores, as the company reported net current liabilities of Rs.420.86 crores; against previous year end(March, 2020) when the company reported net current liabilities of Rs.513.37 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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