Coromandel Engineering Company Limited BSE Security Code:533167 has declared its 2nd(second) quarter unaudited standalone financial report from the month of July, 2020 to the month of September, 2020; for the fiscal year 2020-21.
Revenue Reported by Coromandel Engineering Company 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) |
239.29 | 80.91 | 99.11 | 320.19 | 223.34 |
Calculated Revenue of Coromandel Engineering Company 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 % |
158.38 | 195.75%(Revenue Increase) | 140.18 | 141.44%(Revenue Increase) | 96.85 | 43.36%(Revenue Increase) |
Revenue: Coromandel Engineering Company Limited's financial report shows that the company's revenue increased by 195.75% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for revenue increase of Rs.158.38 millions, as the company posted revenue of Rs.239.29 millions; in compare to previous quarter(April, 2020 - June, 2020) when the company reported revenue of Rs.80.91 millions.
The result also shows that the company's revenue increased by 141.44% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for revenue increase of Rs.140.18 millions; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted revenue of Rs.99.11 millions.
The company also reported that its revenue increased by 43.36% in 6 months end(April, 2020 - September, 2020) for revenue increase of Rs.96.85 millions, since the company reported revenue of Rs.320.19 millions; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted revenue of Rs.223.34 millions.
Gross Margin(%) Reported by Coromandel Engineering Company 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) |
81.48 | 69.11 | 101.37 | 78.36 | 100.39 |
Calculated Gross Margin(%) of Coromandel Engineering Company 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 % |
12.37 | 17.91%(GM Increase) | 19.89 | 19.62%(GM Decrease) | 22.02 | 21.94%(GM Decrease) |
Gross Margin(%)/ GM: The company's financial report indicates, the company's GM increased by 17.91% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for 12.37% GM increase, as the company reported 81.48% GM; in compare to previous quarter(April, 2020 - June, 2020) when the company reported 69.11% GM.
The result also indicates, the company's GM decreased by 19.62% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for 19.89% GM decrease; in compare to corresponding quarter(July, 2019 - September, 2019) when the company reported 101.37% GM.
The company also reported that its GM decreased by 21.94% in 6 months end(April, 2020 - September, 2020) for 22.02% GM decrease, since the company reported 78.36% GM; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company reported 100.39% GM.
EBITDA Reported by Coromandel Engineering Company 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) |
2.96(Negative) | 21.60(Negative) | 16.91 | 24.56(Negative) | 15.18 |
Calculated EBITDA of Coromandel Engineering Company 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 % |
18.64 | 86.30%(EBITDA Increase) | 19.87 | 117.50%(EBITDA Decrease) | 39.74 | 261.79%(EBITDA Decrease) |
EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA increased by 86.30% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EBITDA increase of Rs.18.64 millions, as the company posted Negative EBITDA of Rs.2.96 millions; in compare to previous quarter(April, 2020 - June, 2020) when the company reported Negative EBITDA of Rs.21.60 millions.
The result also shows that the company's EBITDA decreased by 117.50% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EBITDA decrease of Rs.19.87 millions; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted EBITDA of Rs.16.91 millions.
The company also reported that its EBITDA decreased by 261.79% in 6 months end(April, 2020 - September, 2020) for EBITDA decrease of Rs.39.74 millions, since the company reported Negative EBITDA of Rs.24.56 millions; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted EBITDA of Rs.15.18 millions.
Profit and Loss Reported by Coromandel Engineering Company 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) |
30.18(Loss ) | 47.99(Loss ) | 9.07(Loss ) | 78.17(Loss ) | 36.78(Loss ) |
Calculated Profit and Loss of Coromandel Engineering Company 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 % |
17.81 | 37.11%(Loss Decrease) | 21.11 | 232.75%(Loss Increase) | 41.39 | 112.53%(Loss Increase) |
Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's loss decreased by 37.11% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for loss decrease of Rs.17.81 millions, as the company posted loss of Rs.30.18 millions; in compare to previous quarter(April, 2020 - June, 2020) when the company reported loss of Rs.47.99 millions.
The result also shows that the company's loss increased by 232.75% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for loss increase of Rs.21.11 millions; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted loss of Rs.9.07 millions.
The company also reported that its loss increased by 112.53% in 6 months end(April, 2020 - September, 2020) for loss increase of Rs.41.39 millions, since the company reported loss of Rs.78.17 millions; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted loss of Rs.36.78 millions.
EPS Reported by Coromandel Engineering Company 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) |
0.91(Negative) | 1.44(Negative) | 0.27(Negative) | 2.35(Negative) | 1.11(Negative) |
Calculated EPS of Coromandel Engineering Company 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 % |
0.53 | 36.81%(EPS Increase) | 0.64 | 237.04%(EPS Decrease) | 1.24 | 111.71%(EPS Decrease) |
EPS /Earning per Share: The company's financial report shows that the company's EPS increased by 36.81% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EPS increase of Rs.0.53, as the company posted Negative EPS of Rs.0.91; in compare to previous quarter(April, 2020 - June, 2020) when the company reported Negative EPS of Rs.1.44.
The result also shows that the company's EPS decreased by 237.04% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EPS decrease of Rs.0.64; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted Negative EPS of Rs.0.27.
The company also reported that its EPS decreased by 111.71% in 6 months end(April, 2020 - September, 2020) for EPS decrease of Rs.1.24, since the company reported Negative EPS of Rs.2.35; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted Negative EPS of Rs.1.11.
Assets Reported by Coromandel Engineering Company 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 | 264.90 | 285.69 | 643.24 | 677.35 |
Change | Change % | Change | Change % | |
Calculated | 20.79 | 7.28%(Assets Decrease) | 34.11 | 5.04%(Assets Decrease) |
Assets:The company reported its non-current assets decreased by 7.28% in current quarter(September, 2020) for non-current assets decrease of Rs.20.79 millions, since the company reported net non-current assets of Rs.264.90 millions; in compare to previous year end(March, 2020) when the company reported net non-current assets of Rs.285.69 millions.
The balance sheet of the company also shows that, its current assets decreased by 5.04% in current quarter(September, 2020) for current assets decrease of Rs.34.11 millions, as the company reported net current assets of Rs.643.24 millions; against previous year end(March, 2020) when the company reported net current assets of Rs.677.35 millions.
Liabilities Reported by Coromandel Engineering Company 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 | 387.41 | 468.38 | 598.20 | 493.96 |
Change | Change % | Change | Change % | |
Calculated | 80.97 | 17.29%(Liabilities Decrease) | 104.24 | 21.10%(Liabilities Increase) |
Liabilities:The company reported its non-current liabilities decreased by 17.29% in current quarter(September, 2020) for non-current liabilities decrease of Rs.80.97 millions, since the company reported net non-current liabilities of Rs.387.41 millions; in compare to previous year end(March, 2020) when the company reported net non-current liabilities of Rs.468.38 millions.
The balance sheet of the company also shows that, its current liabilities increased by 21.10% in current quarter(September, 2020) for current liabilities increase of Rs.104.24 millions, as the company reported net current liabilities of Rs.598.20 millions; against previous year end(March, 2020) when the company reported net current liabilities of Rs.493.96 millions.
***All amounts are given in Million 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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