PATEL ENGG. 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 | 22,746 | 23,622 | 3.9% |
Other income | Rs m | 2,426 | 1,751 | -27.8% |
Total Revenues | Rs m | 25,172 | 25,373 | 0.8% |
Gross profit | Rs m | 5,308 | 3,549 | -33.1% |
Depreciation | Rs m | 543 | 502 | -7.5% |
Interest | Rs m | 4,894 | 3,703 | -24.3% |
Profit before tax | Rs m | 2,297 | 1,095 | -52.3% |
Tax | Rs m | -113 | 445 | -494.8% |
Profit after tax | Rs m | 1,048 | 1,541 | 47.1% |
Gross profit margin | % | 23.3 | 15.0 | |
Effective tax rate | % | -4.9 | 40.6 | |
Net profit margin | % | 4.2 | 6.1 |
No. of Mths Year Ending | 12 Mar-18* | 12 Mar-19* | % Change | |
---|---|---|---|---|
Networth | Rs m | 21,598 | 22,767 | 5.4 |
Current Liabilities | Rs m | 34,238 | 37,999 | 11.0 |
Long-term Debt | Rs m | 13,324 | 13,048 | -2.1 |
Total Liabilities | Rs m | 74,145 | 82,006 | 10.6 |
Current assets | Rs m | 43,776 | 48,401 | 10.6 |
Fixed Assets | Rs m | 13,484 | 16,412 | 21.7 |
Total Assets | Rs m | 74,145 | 82,006 | 10.6 |
Particulars | No. of months | 12 | 12 | % Change |
---|---|---|---|---|
Year Ending | Mar-18 | Mar-19 | ||
Cash Flow from Operating Activities | Rs m | 4,034 | 8,357 | 107.2% |
Cash Flow from Investing Activities | Rs m | 2,446 | -3,274 | - |
Cash Flow from Financing Activities | Rs m | -5,775 | -5,127 | - |
Net Cash Flow | Rs m | 704 | -45 | - |
No. of Mths Year Ending | 12 Mar-18* | 12 Mar-19* | |
---|---|---|---|
Sales per share (Unadj.) | Rs | 144.9 | 143.8 |
TTM Earnings per share | Rs | 6.7 | 9.4 |
Diluted earnings per share | Rs | 13.6 | 20.1 |
Price to Cash Flow | x | 1.1 | 0.4 |
TTM P/E ratio | x | 1.6 | 0.8 |
Price / Book Value ratio | x | 0.6 | 0.3 |
Market Cap | Rs m | 1,672 | 818 |
Dividends per share (Unadj.) | Rs | 0.0 | 0.0 |
Current Ratio: The company's current ratio deteriorated and stood at 1.3x during FY19, from 1.3x 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 deteriorated and stood at 1.3x during FY19, from 1.5x 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 6.8% during FY19, from 4.9% 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 declined and down at 15.9% during FY19, from 16.7% 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 declined and down at 6.4% during FY19, from 8.0% 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 | 1.3 | 1.3 |
Debtors’ Days | Days | 39 | 3,548 |
Interest coverage | x | 1.5 | 1.3 |
Debt to equity ratio | x | 0.6 | 0.6 |
Return on assets | % | 8.0 | 6.4 |
Return on equity | % | 4.9 | 6.8 |
Return on capital employed | % | 16.7 | 15.9 |
To see how PATEL ENGG. has performed over the last 5 years, please visit here.
Over the last one year, PATEL ENGG. share price has moved down from Rs 29.0 to Rs 10.7, registering a loss of Rs 18.4 or around 63.3%.
Meanwhile, the S&P BSE REALTY Index is trading at Rs 2,045.1 (down 1.3%). Over the last one year it has moved up from 1,810.5 to 2,045.1, a gain of 235 points (up 13.0%).
Overall, the S&P BSE SENSEX is up 6.6% over the year.
(To know more, check out historical annual results for PATEL ENGG. and quarterly results for PATEL ENGG.)
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For the quarter ended June 2019, PATEL ENGG. has posted a net profit of Rs 585 m (up 61.8% YoY). Sales on the other hand came in at Rs 6 bn (up 7.7% YoY). Read on for a complete analysis of PATEL ENGG.'s quarterly results.
For the quarter ended March 2019, PATEL ENGG. has posted a net profit of Rs 120 m (down 85.5% YoY). Sales on the other hand came in at Rs 5 bn (up 4.6% YoY). Read on for a complete analysis of PATEL ENGG.'s quarterly results.
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