MUNJAL SHOWA 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 | 14,597 | 15,814 | 8.3% |
Other income | Rs m | 176 | 207 | 17.6% |
Total Revenues | Rs m | 14,772 | 16,021 | 8.5% |
Gross profit | Rs m | 995 | 1,131 | 13.7% |
Depreciation | Rs m | 291 | 282 | -2.8% |
Interest | Rs m | 1 | 2 | 200.0% |
Profit before tax | Rs m | 880 | 1,054 | 19.8% |
Tax | Rs m | 272 | 279 | 2.4% |
Profit after tax | Rs m | 607 | 775 | 27.7% |
Gross profit margin | % | 6.8 | 7.2 | |
Effective tax rate | % | 31.0 | 26.5 | |
Net profit margin | % | 4.1 | 4.8 |
No. of Mths Year Ending | 12 Mar-17* | 12 Mar-18* | % Change | |
---|---|---|---|---|
Networth | Rs m | 5,127 | 5,696 | 11.1 |
Current Liabilities | Rs m | 1,557 | 2,207 | 41.7 |
Long-term Debt | Rs m | 0 | 0 | 0.0 |
Total Liabilities | Rs m | 6,758 | 7,933 | 17.4 |
Current assets | Rs m | 4,335 | 5,778 | 33.3 |
Fixed Assets | Rs m | 1,808 | 1,580 | -12.6 |
Total Assets | Rs m | 6,758 | 7,933 | 17.4 |
Particulars | No. of months | 12 | 12 | % Change |
---|---|---|---|---|
Year Ending | Mar-17 | Mar-18 | ||
Cash Flow from Operating Activities | Rs m | 835 | 962 | 15.2% |
Cash Flow from Investing Activities | Rs m | -793 | -633 | - |
Cash Flow from Financing Activities | Rs m | -1 | -194 | - |
Net Cash Flow | Rs m | 41 | 135 | 227.4% |
No. of Mths Year Ending | 12 Mar-17* | 12 Mar-18* | |
---|---|---|---|
Sales per share (Unadj.) | Rs | 364.9 | 395.4 |
TTM Earnings per share | Rs | 15.2 | 19.4 |
Diluted earnings per share | Rs | 15.2 | 19.4 |
Price to Cash Flow | x | 7.9 | 6.7 |
TTM P/E ratio | x | 9.3 | 9.3 |
Price / Book Value ratio | x | 1.6 | 1.7 |
Market Cap | Rs m | 7,084 | 7,084 |
Dividends per share (Unadj.) | Rs | 4.0 | 4.5 |
Current Ratio: The company's current ratio improved and stood at 2.6x during FY18, from 2.8x 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 703.7x during FY18, from 1,760.2x 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 13.6% during FY18, from 11.8% 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 18.5% during FY18, from 17.2% 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 9.8% during FY18, from 9.0% 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 | 2.8 | 2.6 |
Debtors’ Days | Days | 49 | 57 |
Interest coverage | x | 1,760.2 | 703.7 |
Debt to equity ratio | x | 0.0 | 0.0 |
Return on assets | % | 9.0 | 9.8 |
Return on equity | % | 11.8 | 13.6 |
Return on capital employed | % | 17.2 | 18.5 |
To see how MUNJAL SHOWA has performed over the last 5 years, please visit here.
Over the last one year, MUNJAL SHOWA share price has moved up from Rs 267.0 to Rs 177.1, registering a loss of Rs 89.9 or around 33.7%.
Overall, the S&P BSE SENSEX is up 7.4% over the year.
(To know more, check out historical annual results for MUNJAL SHOWA and quarterly results for MUNJAL SHOWA)
For the quarter ended December 2019, MUNJAL SHOWA has posted a net profit of Rs 50 m (down 59.5% YoY). Sales on the other hand came in at Rs 3 bn (down 22.4% YoY). Read on for a complete analysis of MUNJAL SHOWA's quarterly results.
For the quarter ended September 2019, MUNJAL SHOWA has posted a net profit of Rs 115 m (down 39.8% YoY). Sales on the other hand came in at Rs 4 bn (down 24.4% YoY). Read on for a complete analysis of MUNJAL SHOWA's quarterly results.
Here's an analysis of the annual report of MUNJAL SHOWA for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of MUNJAL SHOWA. Also includes updates on the valuation of MUNJAL SHOWA.
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