Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2018 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.

Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
BGR Energy: De-growth all over - Views on News from Equitymaster
  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

BGR Energy: De-growth all over
Jul 28, 2011

BGR Energy has announced the first quarter results of financial year 2011-2012 (1QFY12). Both topline and bottomline have declined by around 19.0% YoY and 17.0% YoY respectively. Here is our analysis of the results.

Performance summary
  • Sales decline 19.0% YoY in 1QFY12.
  • Operating profits decline 7.4% YoY during the quarter.
  • Net profits decline 17.0% YoY during the quarter.

Standalone performance snapshot
(Rs m) 1QFY11 1QFY12 Change
Income from operations 9,067 7,342 -19.0%
Expenditure 8,029 6,381 -20.5%
Operating profit (EBDITA) 1,038 961 -7.4%
Operating profit margin (%) 11.4% 13.1%  
Other income 26    
Interest 116 180 55.3%
Depreciation 31 37 20.6%
Profit before tax 917 743 -18.9%
Tax 312 241 -22.7%
Profit after tax/(loss) 605 502 -17.0%
Net profit margin (%) 6.7% 6.8%  
No. of shares (m)   72.2  
Basic earnings per share (Rs)   6.96  
P/E ratio (x) *   10  
*On a trailing 12 month basis

What to expect?
At the current price of Rs 416, the company is trading at a multiple of 8.1x our estimated FY14 earnings. We will update our subscribers with a revised view on the company soon.

To Read the Full Story, Subscribe or Sign In

Small Investments
BIG Returns

Zero To Millions Guide 2018
Get our special report, Zero To Millions
(2018 Edition) Now!
We will never sell or rent your email id.
Please read our Terms


Feb 23, 2018 (Close)


  • Track your investment in BGR ENERGY with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks