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This is an entirely free service. No payments are to be made.M&M has announced its results for the year ended March 2018. Let us have a look at the detailed performance review of the company during FY17-18.
No. of Mths Year Ending | 12 Mar-17* | 12 Mar-18* | % Change | |
---|---|---|---|---|
Net Sales | Rs m | 837,731 | 920,940 | 9.9% |
Other income | Rs m | 7,301 | 6,310 | -13.6% |
Total Revenues | Rs m | 845,032 | 927,250 | 9.7% |
Gross profit | Rs m | 107,348 | 132,261 | 23.2% |
Depreciation | Rs m | 28,127 | 32,799 | 16.6% |
Interest | Rs m | 36,485 | 39,871 | 9.3% |
Profit before tax | Rs m | 50,038 | 65,901 | 31.7% |
Tax | Rs m | 22,997 | 23,677 | 3.0% |
Profit after tax | Rs m | 40,505 | 79,578 | 96.5% |
Gross profit margin | % | 12.8 | 14.4 | |
Effective tax rate | % | 46.0 | 35.9 | |
Net profit margin | % | 4.8 | 8.6 |
No. of Mths Year Ending | 12 Mar-17* | 12 Mar-18* | % Change | |
---|---|---|---|---|
Networth | Rs m | 297,380 | 367,752 | 23.7 |
Current Liabilities | Rs m | 398,325 | 491,495 | 23.4 |
Long-term Debt | Rs m | 301,245 | 338,092 | 12.2 |
Total Liabilities | Rs m | 1,147,422 | 1,372,109 | 19.6 |
Current assets | Rs m | 478,778 | 590,760 | 23.4 |
Fixed Assets | Rs m | 252,680 | 304,514 | 20.5 |
Total Assets | Rs m | 1,147,422 | 1,372,109 | 19.6 |
Particulars | No. of months | 12 | 12 | % Change |
---|---|---|---|---|
Year Ending | Mar-17 | Mar-18 | ||
Cash Flow from Operating Activities | Rs m | 1,831 | 6,819 | 272.4% |
Cash Flow from Investing Activities | Rs m | -58,754 | -54,679 | - |
Cash Flow from Financing Activities | Rs m | 61,080 | 63,145 | 3.4% |
Net Cash Flow | Rs m | 4,158 | 15,291 | 267.8% |
No. of Mths Year Ending | 12 Mar-17* | 12 Mar-18* | |
---|---|---|---|
Sales per share (Unadj.) | Rs | 1,546.3 | 740.8 |
TTM Earnings per share | Rs | 74.8 | 64.0 |
Diluted earnings per share | Rs | 32.6 | 64.1 |
Price to Cash Flow | x | 8.5 | 11.4 |
TTM P/E ratio | x | 10.5 | 24.0 |
Price / Book Value ratio | x | 2.4 | 3.8 |
Market Cap | Rs m | 505,210 | 1,158,337 |
Dividends per share (Unadj.) | Rs | 13.0 | 7.5 |
Current Ratio: The company's current ratio improved and stood at 1.2x during FY18, from 1.2x during FY17. 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 deteriorated and stood at 2.7x during FY18, from 2.4x during FY17. 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 21.6% during FY18, from 13.6% during FY18. 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 20.3% during FY18, from 16.7% during FY17. 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 8.7% during FY18, from 6.7% during FY17. The ROA measures how efficiently the company uses its assets to generate earnings.
No. of Mths Year Ending | 12 Mar-17* | 12 Mar-18* | |
---|---|---|---|
Current ratio | x | 1.2 | 1.2 |
Debtors’ Days | Days | 31 | 34 |
Interest coverage | x | 2.4 | 2.7 |
Debt to equity ratio | x | 1.0 | 0.9 |
Return on assets | % | 6.7 | 8.7 |
Return on equity | % | 13.6 | 21.6 |
Return on capital employed | % | 16.7 | 20.3 |
To see how M&M has performed over the last 5 years, please visit here.
Over the last one year, M&M share price has moved up from Rs 695.7 to Rs 932.5, registering a gain of Rs 236.8 or around 34.0%.
Meanwhile, the S&P BSE AUTO Index is trading at Rs 24,172.7 (down 0.1%). Over the last one year it has moved down from 24,323.1 to 24,172.7, a gain of 150 points (down 0.6%).
Overall, the S&P BSE SENSEX is up 18.8% over the year.
(To know more, check out historical annual results for M&M and quarterly results for M&M)
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For the quarter ended December 2018, M&M has posted a net profit of Rs 11 bn (down 11.4% YoY). Sales on the other hand came in at Rs 131 bn (up 12.9% YoY). Read on for a complete analysis of M&M's quarterly results.
For the quarter ended September 2018, M&M has posted a net profit of Rs 16 bn (up 23.9% YoY). Sales on the other hand came in at Rs 130 bn (up 6.6% YoY). Read on for a complete analysis of M&M's quarterly results.
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