Universal Cables profit increases 4551.72% in (Q2) FY 2020-21

Source

Team Infinities:

Universal Cables Limited NSE Symbol:UNIVCABLES, BSE Security Code:504212 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 Universal Cables 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)
290.11 207.36 382.71 497.47 812.52
Calculated Revenue of Universal Cables 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 %
82.75 39.91%(Revenue Increase) 92.60 24.20%(Revenue Decrease) 315.05 38.77%(Revenue Decrease)

Revenue: Universal Cables Limited's financial report shows that the company's revenue increased by 39.91% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for revenue increase of Rs.82.75 crores, as the company posted revenue of Rs.290.11 crores; in compare to previous quarter(April, 2020 - June, 2020) when the company reported revenue of Rs.207.36 crores.
The result also shows that the company's revenue decreased by 24.20% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for revenue decrease of Rs.92.60 crores; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted revenue of Rs.382.71 crores.
The company also reported that its revenue decreased by 38.77% in 6 months end(April, 2020 - September, 2020) for revenue decrease of Rs.315.05 crores, since the company reported revenue of Rs.497.47 crores; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted revenue of Rs.812.52 crores.

Gross Margin(%) Reported by Universal Cables 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)
24.64 42.64 18.14 32.19 31.67
Calculated Gross Margin(%) of Universal Cables 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 %
18.00 42.22%(GM Decrease) 6.50 35.83%(GM Increase) 0.52 1.65%(GM Increase)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM decreased by 42.22% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for 18.00% GM decrease, as the company reported 24.64% GM; in compare to previous quarter(April, 2020 - June, 2020) when the company reported 42.64% GM.
The result also indicates, the company's GM increased by 35.83% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for 6.50% GM increase; in compare to corresponding quarter(July, 2019 - September, 2019) when the company reported 18.14% GM.
The company also reported that its GM increased by 1.65% in 6 months end(April, 2020 - September, 2020) for 0.52% GM increase, since the company reported 32.19% GM; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company reported 31.67% GM.

EBITDA Reported by Universal Cables 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)
38.35 23.44 52.85 61.78 118.24
Calculated EBITDA of Universal Cables 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 %
14.91 63.61%(EBITDA Increase) 14.50 27.44%(EBITDA Decrease) 56.46 47.75%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA increased by 63.61% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EBITDA increase of Rs.14.91 crores, as the company posted EBITDA of Rs.38.35 crores; in compare to previous quarter(April, 2020 - June, 2020) when the company reported EBITDA of Rs.23.44 crores.
The result also shows that the company's EBITDA decreased by 27.44% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EBITDA decrease of Rs.14.50 crores; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted EBITDA of Rs.52.85 crores.
The company also reported that its EBITDA decreased by 47.75% in 6 months end(April, 2020 - September, 2020) for EBITDA decrease of Rs.56.46 crores, since the company reported EBITDA of Rs.61.78 crores; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted EBITDA of Rs.118.24 crores.

Profit and Loss Reported by Universal Cables 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)
13.49(Profit ) 0.29(Profit ) 28.67(Profit ) 13.78(Profit ) 62.05(Profit )
Calculated Profit and Loss of Universal Cables 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 %
13.20 4551.72%(Profit Increase) 15.18 52.95%(Profit Decrease) 48.27 77.79%(Profit Decrease)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's profit increased by 4551.72% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for profit increase of Rs.13.20 crores, as the company posted profit of Rs.13.49 crores; in compare to previous quarter(April, 2020 - June, 2020) when the company reported profit of Rs.0.29 crore.
The result also shows that the company's profit decreased by 52.95% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for profit decrease of Rs.15.18 crores; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted profit of Rs.28.67 crores.
The company also reported that its profit decreased by 77.79% in 6 months end(April, 2020 - September, 2020) for profit decrease of Rs.48.27 crores, since the company reported profit of Rs.13.78 crores; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted profit of Rs.62.05 crores.

EPS Reported by Universal Cables 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)
3.89 0.08 8.27 3.97 17.89
Calculated EPS of Universal Cables 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 %
3.81 4762.50%(EPS Increase) 4.38 52.96%(EPS Decrease) 13.92 77.81%(EPS Decrease)

EPS /Earning per Share: The company's financial report shows that the company's EPS increased by 4762.50% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EPS increase of Rs.3.81, as the company posted EPS of Rs.3.89; in compare to previous quarter(April, 2020 - June, 2020) when the company reported EPS of Rs.0.08.
The result also shows that the company's EPS decreased by 52.96% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EPS decrease of Rs.4.38; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted EPS of Rs.8.27.
The company also reported that its EPS decreased by 77.81% in 6 months end(April, 2020 - September, 2020) for EPS decrease of Rs.13.92, since the company reported EPS of Rs.3.97; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted EPS of Rs.17.89.

Assets Reported by Universal Cables 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 1115.60 1048.04 980.29 1131.53
  Change Change % Change Change %
Calculated 67.56 6.45%(Assets Increase) 151.24 13.37%(Assets Decrease)

Assets:The company reported its non-current assets increased by 6.45% in current quarter(September, 2020) for non-current assets increase of Rs.67.56 crores, since the company reported net non-current assets of Rs.1115.60 crores; in compare to previous year end(March, 2020) when the company reported net non-current assets of Rs.1048.04 crores.
The balance sheet of the company also shows that, its current assets decreased by 13.37% in current quarter(September, 2020) for current assets decrease of Rs.151.24 crores, as the company reported net current assets of Rs.980.29 crores; against previous year end(March, 2020) when the company reported net current assets of Rs.1131.53 crores.

Liabilities Reported by Universal Cables 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 335.05 313.50 728.17 875.88
  Change Change % Change Change %
Calculated 21.55 6.87%(Liabilities Increase) 147.71 16.86%(Liabilities Decrease)

Liabilities:The company reported its non-current liabilities increased by 6.87% in current quarter(September, 2020) for non-current liabilities increase of Rs.21.55 crores, since the company reported net non-current liabilities of Rs.335.05 crores; in compare to previous year end(March, 2020) when the company reported net non-current liabilities of Rs.313.50 crores.
The balance sheet of the company also shows that, its current liabilities decreased by 16.86% in current quarter(September, 2020) for current liabilities decrease of Rs.147.71 crores, as the company reported net current liabilities of Rs.728.17 crores; against previous year end(March, 2020) when the company reported net current liabilities of Rs.875.88 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.