X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
AMARA RAJA BATT. Announces Quarterly Results (3QFY19); Net Profit Down 2.6%

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?  

AMARA RAJA BATT. Announces Quarterly Results (3QFY19); Net Profit Down 2.6%
Thu, 14 Feb

AMARA RAJA BATT. has announced its results for the quarter ended December 2018. Here is a detailed performance review of the same:

AMARA RAJA BATT. Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m15,53517,53116,947-3.3%9.1%
Other incomeRs m168142125-12.2%-25.4%
TurnoverRs m15,70217,67317,072-3.4%8.7%
ExpensesRs m13,11915,16414,419-4.9%9.9%
Gross profitRs m2,4162,3662,5286.8%4.6%
DepreciationRs m5876436572.2%11.8%
InterestRs m111818-1.6%58.4%
Profit before taxRs m1,9851,8481,9787.0%-0.3%
TaxRs m6406466693.6%4.5%
Profit after taxRs m1,3451,2021,3098.9%-2.6%
Gross profit margin%15.613.514.9
Effective tax rate%32.334.933.8
Net profit margin%8.66.87.7
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 9.1% on a year-on-year (YoY) basis. The expenses were up by 9.9% YoY during the same period.
  • The company's operating profit increased by 4.6% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 14.9% in 3QFY19 as against 15.6% in 3QFY18.
  • Depreciation charges increased by 11.8% and finance costs increased by 58.4% YoY, respectively.
  • Other income declined by 25.4% YoY during the quarter.
  • Net profit for the quarter declined by 2.6% YoY. Net profit margins during the quarter declined from 8.6% in 3QFY18 to 7.7% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 3.3% on a quarter-on-quarter (QoQ) basis. The expenses were down by 4.9% QoQ during the same period.
  • The company's operating profit increased by 6.8% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 14.9% in 3QFY19 as against 13.5% in 2QFY18.
  • Net profit for the quarter increased by 8.9% QoQ, while net profit margins increased from 6.8% in 2QFY18 to 7.7% in 3QFY19.

To see how AMARA RAJA BATT. has performed over the last eight quarters, please visit here.

AMARA RAJA BATT. Share Price Performance

Over the last one year, AMARA RAJA BATT. share price has moved up from Rs 839.4 to Rs 742.1, registering a Loss of Rs 97.3 or around 11.6%.

Overall, the S&P BSE SENSEX is up 5.2% over the year.

Current Valuations

At the current price of Rs 742.1, the price to earnings (P/E) ratio of AMARA RAJA BATT. stands at 26.7 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 4.3 times.

Equitymaster requests your view! Post a comment on "AMARA RAJA BATT. Announces Quarterly Results (3QFY19); Net Profit Down 2.6%". Click here!

  

Related Views on News

AMARA RAJA BATTERIES Announces Quarterly Results (4QFY19); Net Profit Up 8.7% (Quarterly Result Update)

May 17, 2019 | Updated on May 17, 2019

For the quarter ended March 2019, AMARA RAJA BATTERIES has posted a net profit of Rs 1 bn (up 8.7% YoY). Sales on the other hand came in at Rs 16 bn (down 0.9% YoY). Read on for a complete analysis of AMARA RAJA BATTERIES's quarterly results.

AMARA RAJA BATT. Announces Quarterly Results (2QFY19); Net Profit Down 5.5% (Quarterly Result Update)

Nov 12, 2018 | Updated on Nov 12, 2018

For the quarter ended September 2018, AMARA RAJA BATT. has posted a net profit of Rs 1 bn (down 5.5% YoY). Sales on the other hand came in at Rs 18 bn (up 22.8% YoY). Read on for a complete analysis of AMARA RAJA BATT.'s quarterly results.

AMARA RAJA BATT. 2017-18 Annual Report Analysis (Annual Result Update)

Aug 16, 2018 | Updated on Aug 16, 2018

Here's an analysis of the annual report of AMARA RAJA BATT. for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of AMARA RAJA BATT.. Also includes updates on the valuation of AMARA RAJA BATT..

Sandhar Technologies IPO: Worth Betting on This Automotive Component Manufacturer? (IPO)

Mar 17, 2018

Should you subscribe to the IPO of Sandhar Technologies Ltd?

More Views on News

Most Popular

My Top 7 Stocks to Profit from Sensex 100,000(The 5 Minute Wrapup)

May 16, 2019

Tanushree Banerjee explains everything you need to know about the Rebirth of India and Sensex 100,000.

3 Stocks to Bet on to Become a 'Dividend Millionaire'(Profit Hunter)

May 14, 2019

As markets continue to rattle amid earning season, upcoming elections, volatile crude price and US China trade war, it's a great idea to add some stability to your portfolio by adding dividend stocks.

Indian Steel: The Perfect Multibagger Opportunity(Profit Hunter)

May 17, 2019

A structurally strong Indian Steel Industry will help India achieve 8%+ GDP growth in the coming years.

My Top 7 Stocks to Buy as Modi Returns to Power(The 5 Minute Wrapup)

May 23, 2019

The Modi government is all set to come back to power. With a stable government at the centre, how should you play the stock market?

What Makes TVS Srichakra and CCL Products a Cut Above the Rest?(The 5 Minute Wrapup)

May 17, 2019

Despite the commodity nature of their businesses, these two stocks have rewarded shareholders well.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

AMARA RAJA BATTERIES SHARE PRICE


May 27, 2019 03:35 PM

TRACK AMARA RAJA BATTERIES

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

MORE ON AMARA RAJA BATTERIES

AMARA RAJA BATTERIES - UCAL FUEL COMPARISON

COMPARE AMARA RAJA BATTERIES WITH

MARKET STATS