Sundaram Clayton net drops by 71.3% - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

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

Sundaram Clayton net drops by 71.3%

Nov 6, 2000

Sundaram Clayton, a leading manufacturer of hyrdaulic brake actuator systems and castings has reported a 71% decline in its net for the 2QFY01E to Rs 13 m. The company's sales have fallen by 2.5% YoY during this period.

(Rs m) 2QFY00 2QFY01 Change
Sales 536 522 -2.5%
Other income 32 20 -35.8%
Expenditure 488 504 3.3%
Operating profit (EBDIT) 48 18 -62.0%
Operating profit margin (%) 8.9% 3.5%  
Interest 0 3 653.5%
Depreciation 19 22 16.9%
Profit before Tax 60 14 -77.4%
Other adjustments - -  
Tax 16 1  
Profit after Tax/(Loss) 45 13 -71.3%
Net profit margin (%) 8.3% 2.5%  
No. of Shares (eoy) (m) 19.0 19.0  
Diluted number of shares 19.0 19.0  
Diluted Earnings per share* 9.4 2.7  
*(annualised)      

Its main clients in the hydraulic brake systems are Telco and Ashok Leyland. As the medium and heavy commercial vehicles segment is not doing well in the current financial year, hence the company's sales have been under pressure. Its foundry division too is facing tough times as the passenger car segment too has slowed down.

The company's operating margins have declined from 8.9% in the 2QFY00 to 3.5% in the 2QFY01 as its operating costs went up by 3.3% during this period.

On the current price of Rs 116, Sundram Clayton is trading at 9.7x FY2000 EPS of Rs 12

Equitymaster requests your view! Post a comment on "Sundaram Clayton net drops by 71.3%". Click here!

  

More Views on News

SUNDARAM CLAYTON Announces Quarterly Results (4QFY20); Net Profit Up 23.4% (Quarterly Result Update)

Jun 1, 2020 | Updated on Jun 1, 2020

For the quarter ended March 2020, SUNDARAM CLAYTON has posted a net profit of Rs 620 m (up 23.4% YoY). Sales on the other hand came in at Rs 3 bn (down 26.0% YoY). Read on for a complete analysis of SUNDARAM CLAYTON's quarterly results.

SUNDARAM CLAYTON Announces Quarterly Results (4QFY19); Net Profit Down 48.8% (Quarterly Result Update)

May 3, 2019 | Updated on May 3, 2019

For the quarter ended March 2019, SUNDARAM CLAYTON has posted a net profit of Rs 503 m (down 48.8% YoY). Sales on the other hand came in at Rs 4 bn (down 10.3% YoY). Read on for a complete analysis of SUNDARAM CLAYTON's quarterly results.

More Views on News

Most Popular

It's the Beginning of a New Bull Phase in Smallcaps (Profit Hunter)

Feb 24, 2021

Last time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.

Make Rs 5,000 Per Day Trading the Market (Fast Profits Daily)

Feb 25, 2021

In this video, I'll show you how to get started on the path to daily trading profits.

The Hidden Tesla in My Great Indian Wealth Project (Profit Hunter)

Feb 23, 2021

An Indian company founded three decades ago in a garage caught my attention...

How Much Money For Day Trading? (Fast Profits Daily)

Feb 22, 2021

In this video, I'll show you how to allocate your capital as a day trader.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

SUNDARAM CLAYTON SHARE PRICE


Mar 5, 2021 (Close)

TRACK SUNDARAM CLAYTON

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

MORE ON SUNDARAM CLAYTON

SUNDARAM CLAYTON - GABRIEL INDIA COMPARISON

COMPARE SUNDARAM CLAYTON WITH

MARKET STATS