TRIDENT has announced its results for the year ended March 2019. Let us have a look at the detailed performance review of the company during FY18-19.
No. of Mths Year Ending | 12 Mar-18* | 12 Mar-19* | % Change | |
---|---|---|---|---|
Net Sales | Rs m | 45,594 | 52,486 | 15.1% |
Other income | Rs m | 621 | 434 | -30.1% |
Total Revenues | Rs m | 46,215 | 52,920 | 14.5% |
Gross profit | Rs m | 8,513 | 9,890 | 16.2% |
Depreciation | Rs m | 4,041 | 3,640 | -9.9% |
Interest | Rs m | 1,182 | 1,185 | 0.2% |
Profit before tax | Rs m | 3,911 | 5,499 | 40.6% |
Tax | Rs m | 1,256 | 1,784 | 42.1% |
Profit after tax | Rs m | 2,662 | 3,718 | 39.7% |
Gross profit margin | % | 18.7 | 18.8 | |
Effective tax rate | % | 32.1 | 32.4 | |
Net profit margin | % | 5.8 | 7.0 |
No. of Mths Year Ending | 12 Mar-18* | 12 Mar-19* | % Change | |
---|---|---|---|---|
Networth | Rs m | 27,263 | 29,730 | 9.1 |
Current Liabilities | Rs m | 16,861 | 18,216 | 8.0 |
Long-term Debt | Rs m | 14,108 | 9,536 | -32.4 |
Total Liabilities | Rs m | 61,632 | 61,561 | -0.1 |
Current assets | Rs m | 18,305 | 20,369 | 11.3 |
Fixed Assets | Rs m | 42,465 | 38,483 | -9.4 |
Total Assets | Rs m | 61,632 | 61,561 | -0.1 |
Particulars | No. of months | 12 | 12 | % Change |
---|---|---|---|---|
Year Ending | Mar-18 | Mar-19 | ||
Cash Flow from Operating Activities | Rs m | 4,763 | 6,557 | 37.7% |
Cash Flow from Investing Activities | Rs m | -1,879 | -440 | - |
Cash Flow from Financing Activities | Rs m | -2,681 | -6,497 | - |
Net Cash Flow | Rs m | 203 | -380 | - |
No. of Mths Year Ending | 12 Mar-18* | 12 Mar-19* | |
---|---|---|---|
Sales per share (Unadj.) | Rs | 91.6 | 105.4 |
TTM Earnings per share | Rs | 5.3 | 7.5 |
Diluted earnings per share | Rs | 5.2 | 7.3 |
Price to Cash Flow | x | 4.1 | 3.9 |
TTM P/E ratio | x | 6.4 | 6.5 |
Price / Book Value ratio | x | 1.5 | 1.1 |
Market Cap | Rs m | 27,779 | 28,374 |
Dividends per share (Unadj.) | Rs | 1.5 | 3.0 |
Current Ratio: The company's current ratio improved and stood at 1.1x during FY19, from 1.1x during FY18. The current ratio measures the company's ability to pay short-term and long-term obligations.
Interest Coverage Ratio: The company's interest coverage ratio improved and stood at 5.6x during FY19, from 4.3x during FY18. The interest coverage ratio of a company states how easily a company can pay its interest expense on outstanding debt. A higher ratio is preferable.
Return on Equity (ROE): The ROE for the company improved and stood at 12.5% during FY19, from 9.8% during FY19. The ROE measures the ability of a firm to generate profits from its shareholders capital in the company.
Return on Capital Employed (ROCE): The ROCE for the company improved and stood at 17.0% during FY19, from 12.3% during FY18. The ROCE measures the ability of a firm to generate profits from its total capital (shareholder capital plus debt capital) employed in the company.
Return on Assets (ROA): The ROA of the company improved and stood at 8.0% during FY19, from 6.2% during FY18. The ROA measures how efficiently the company uses its assets to generate earnings.
No. of Mths Year Ending | 12 Mar-18* | 12 Mar-19* | |
---|---|---|---|
Current ratio | x | 1.1 | 1.1 |
Debtors’ Days | Days | 37 | 46 |
Interest coverage | x | 4.3 | 5.6 |
Debt to equity ratio | x | 0.5 | 0.3 |
Return on assets | % | 6.2 | 8.0 |
Return on equity | % | 9.8 | 12.5 |
Return on capital employed | % | 12.3 | 17.0 |
To see how TRIDENT has performed over the last 5 years, please visit here.
Over the last one year, TRIDENT share price has moved down from Rs 67.7 to Rs 55.8, registering a loss of Rs 11.9 or around 17.5%.
Overall, the S&P BSE SENSEX is down 4.5% over the year.
(To know more, check out historical annual results for TRIDENT and quarterly results for TRIDENT)
For the quarter ended September 2020, TRIDENT has posted a net profit of Rs 1 bn (down 26.9% YoY). Sales on the other hand came in at Rs 12 bn (down 11.3% YoY). Read on for a complete analysis of TRIDENT's quarterly results.
For the quarter ended March 2020, TRIDENT has posted a net profit of Rs 396 m (down 57.3% YoY). Sales on the other hand came in at Rs 10 bn (down 29.5% YoY). Read on for a complete analysis of TRIDENT's quarterly results.
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