Soma Textiles & Industries Limited NSE Symbol:SOMATEX, BSE Security Code:521034 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 Soma Textiles & Industries 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) |
| 2.64 | 0.33 | 7.40 | 2.97 | 15.45 |
| Calculated Revenue of Soma Textiles & Industries 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 % |
| 2.31 | 700.00%(Revenue Increase) | 4.76 | 64.32%(Revenue Decrease) | 12.48 | 80.78%(Revenue Decrease) |
Revenue: Soma Textiles & Industries Limited's financial report shows that the company's revenue increased by 700.00% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for revenue increase of Rs.2.31 crores, as the company posted revenue of Rs.2.64 crores; in compare to previous quarter(April, 2020 - June, 2020) when the company reported revenue of Rs.0.33 crore.
The result also shows that the company's revenue decreased by 64.32% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for revenue decrease of Rs.4.76 crores; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted revenue of Rs.7.40 crores.
The company also reported that its revenue decreased by 80.78% in 6 months end(April, 2020 - September, 2020) for revenue decrease of Rs.12.48 crores, since the company reported revenue of Rs.2.97 crores; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted revenue of Rs.15.45 crores.
| Gross Margin(%) Reported by Soma Textiles & Industries 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) |
| 109.92 | 33.33(Negative) | 69.21 | 85.21 | 67.36 |
| Calculated Gross Margin(%) of Soma Textiles & Industries 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 % |
| 143.25 | 429.75%(GM Increase) | 40.71 | 58.82%(GM Increase) | 17.85 | 26.50%(GM Increase) |
Gross Margin(%)/ GM: The company's financial report indicates, the company's GM increased by 429.75% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for 143.25% GM increase, as the company reported 109.92% GM; in compare to previous quarter(April, 2020 - June, 2020) when the company reported 33.33% Negative GM.
The result also indicates, the company's GM increased by 58.82% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for 40.71% GM increase; in compare to corresponding quarter(July, 2019 - September, 2019) when the company reported 69.21% GM.
The company also reported that its GM increased by 26.50% in 6 months end(April, 2020 - September, 2020) for 17.85% GM increase, since the company reported 85.21% GM; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company reported 67.36% GM.
| EBITDA Reported by Soma Textiles & Industries 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) |
| 3.60(Negative) | 0.70(Negative) | 3.04 | 4.30(Negative) | 3.65 |
| Calculated EBITDA of Soma Textiles & Industries 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 % |
| 2.90 | 414.29%(EBITDA Decrease) | 6.64 | 218.42%(EBITDA Decrease) | 7.95 | 217.81%(EBITDA Decrease) |
EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA decreased by 414.29% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EBITDA decrease of Rs.2.90 crores, as the company posted Negative EBITDA of Rs.3.60 crores; in compare to previous quarter(April, 2020 - June, 2020) when the company reported Negative EBITDA of Rs.0.70 crore.
The result also shows that the company's EBITDA decreased by 218.42% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EBITDA decrease of Rs.6.64 crores; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted EBITDA of Rs.3.04 crores.
The company also reported that its EBITDA decreased by 217.81% in 6 months end(April, 2020 - September, 2020) for EBITDA decrease of Rs.7.95 crores, since the company reported Negative EBITDA of Rs.4.30 crores; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted EBITDA of Rs.3.65 crores.
| Profit and Loss Reported by Soma Textiles & Industries 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) |
| 7.39(Loss ) | 4.37(Loss ) | 1.01(Loss ) | 11.76(Loss ) | 4.40(Loss ) |
| Calculated Profit and Loss of Soma Textiles & Industries 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 % |
| 3.02 | 69.11%(Loss Increase) | 6.38 | 631.68%(Loss Increase) | 7.36 | 167.27%(Loss Increase) |
Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's loss increased by 69.11% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for loss increase of Rs.3.02 crores, as the company posted loss of Rs.7.39 crores; in compare to previous quarter(April, 2020 - June, 2020) when the company reported loss of Rs.4.37 crores.
The result also shows that the company's loss increased by 631.68% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for loss increase of Rs.6.38 crores; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted loss of Rs.1.01 crores.
The company also reported that its loss increased by 167.27% in 6 months end(April, 2020 - September, 2020) for loss increase of Rs.7.36 crores, since the company reported loss of Rs.11.76 crores; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted loss of Rs.4.40 crores.
| EPS Reported by Soma Textiles & Industries 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) |
| 2.24(Negative) | 1.32 | 0.30(Negative) | 3.56(Negative) | 1.33(Negative) |
| Calculated EPS of Soma Textiles & Industries 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 % |
| 3.56 | 269.70%(EPS Decrease) | 1.94 | 646.67%(EPS Decrease) | 2.23 | 167.67%(EPS Decrease) |
EPS /Earning per Share: The company's financial report shows that the company's EPS decreased by 269.70% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EPS decrease of Rs.3.56, as the company posted Negative EPS of Rs.2.24; in compare to previous quarter(April, 2020 - June, 2020) when the company reported EPS of Rs.1.32.
The result also shows that the company's EPS decreased by 646.67% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EPS decrease of Rs.1.94; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted Negative EPS of Rs.0.30.
The company also reported that its EPS decreased by 167.67% in 6 months end(April, 2020 - September, 2020) for EPS decrease of Rs.2.23, since the company reported Negative EPS of Rs.3.56; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted Negative EPS of Rs.1.33.
| Assets Reported by Soma Textiles & Industries 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 | 133.51 | 135.29 | 24.57 | 28.73 |
| Change | Change % | Change | Change % | |
| Calculated | 1.78 | 1.32%(Assets Decrease) | 4.16 | 14.48%(Assets Decrease) |
Assets:The company reported its non-current assets decreased by 1.32% in current quarter(September, 2020) for non-current assets decrease of Rs.1.78 crores, since the company reported net non-current assets of Rs.133.51 crores; in compare to previous year end(March, 2020) when the company reported net non-current assets of Rs.135.29 crores.
The balance sheet of the company also shows that, its current assets decreased by 14.48% in current quarter(September, 2020) for current assets decrease of Rs.4.16 crores, as the company reported net current assets of Rs.24.57 crores; against previous year end(March, 2020) when the company reported net current assets of Rs.28.73 crores.
| Liabilities Reported by Soma Textiles & Industries 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 | 109.11 | 111.13 | 108.47 | 100.63 |
| Change | Change % | Change | Change % | |
| Calculated | 2.02 | 1.82%(Liabilities Decrease) | 7.84 | 7.79%(Liabilities Increase) |
Liabilities:The company reported its non-current liabilities decreased by 1.82% in current quarter(September, 2020) for non-current liabilities decrease of Rs.2.02 crores, since the company reported net non-current liabilities of Rs.109.11 crores; in compare to previous year end(March, 2020) when the company reported net non-current liabilities of Rs.111.13 crores.
The balance sheet of the company also shows that, its current liabilities increased by 7.79% in current quarter(September, 2020) for current liabilities increase of Rs.7.84 crores, as the company reported net current liabilities of Rs.108.47 crores; against previous year end(March, 2020) when the company reported net current liabilities of Rs.100.63 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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