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- AMARA RAJA BATTERIES Announces Quarterly Results (3QFY20); Net Profit Up 25.6%
AMARA RAJA BATTERIES Announces Quarterly Results (3QFY20); Net Profit Up 25.6%
Mon, 3 Feb
AMARA RAJA BATTERIES has announced its results for the quarter ended December 2019. Here is a detailed performance review of the same:
AMARA RAJA BATTERIES Quarterly Financials
| No. of Mths Qtr. Ending | 3 Dec-18* | 3 Sep-19* | 3 Dec-19* | QoQ Change | YoY Change | |
|---|---|---|---|---|---|---|
| Net Sales | Rs m | 16,947 | 16,953 | 17,478 | 3.1% | 3.1% |
| Other income | Rs m | 125 | 180 | 128 | -28.9% | 2.1% |
| Turnover | Rs m | 17,072 | 17,133 | 17,606 | 2.8% | 3.1% |
| Expenses | Rs m | 14,419 | 14,030 | 14,639 | 4.3% | 1.5% |
| Gross profit | Rs m | 2,528 | 2,923 | 2,840 | -2.9% | 12.3% |
| Depreciation | Rs m | 657 | 750 | 765 | 1.9% | 16.4% |
| Interest | Rs m | 18 | 34 | 29 | -13.9% | 62.0% |
| Profit before tax | Rs m | 1,978 | 2,318 | 2,174 | -6.2% | 9.9% |
| Tax | Rs m | 669 | 130 | 530 | 307.9% | -20.9% |
| Profit after tax | Rs m | 1,309 | 2,189 | 1,644 | -24.9% | 25.6% |
| Gross profit margin | % | 14.9 | 17.2 | 16.2 | ||
| Effective tax rate | % | 33.8 | 5.6 | 24.4 | ||
| Net profit margin | % | 7.7 | 12.8 | 9.3 |
Interim results exclude extraordinary / exceptional items
Year-on-Year Performance:
- The company's operating income during the quarter grew 3.1% on a year-on-year (YoY) basis. The expenses were up by 1.5% YoY during the same period.
- The company's operating profit increased by 12.3% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 16.2% in 3QFY20 as against 14.9% in 3QFY19.
- Depreciation charges increased by 16.4% and finance costs increased by 62.0% YoY, respectively.
- Other income increased by 2.1% YoY during the quarter.
- Net profit for the quarter increased by 25.6% YoY. Net profit margins during the quarter increased from 7.7% in 3QFY19 to 9.3% in 3QFY20.
Quarter-on-Quarter Performance:
- The company's operating income during the quarter grew 3.1% on a quarter-on-quarter (QoQ) basis. The expenses were up by 4.3% QoQ during the same period.
- The company's operating profit declined by 2.9% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 16.2% in 3QFY20 as against 17.2% in 2QFY19.
- Net profit for the quarter declined by 24.9% QoQ, while net profit margins declined from 12.8% in 2QFY19 to 9.3% in 3QFY20.
To see how AMARA RAJA BATTERIES has performed over the last eight quarters,please visit here.
Get Details: These 3 Stocks are the Dark Horses of the Stock Market
AMARA RAJA BATTERIES Share Price Performance
Over the last one year,AMARA RAJA BATTERIES share price has moved up from Rs 767.3 to Rs 769.5, registering a Gain of Rs 2.2 or around 0.3%.
Overall, the S&P BSE SENSEX is up 9.6% over the year.
Current Valuations
At the current price of Rs 769.5, the price to earnings (P/E) ratio of AMARA RAJA BATTERIES stands at 20.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.9 times.
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AMARA RAJA BATTERIES 2019-20 Annual Report Analysis (Annual Result Update)
Aug 18, 2020 | Updated on Aug 18, 2020Here's an analysis of the annual report of AMARA RAJA BATTERIES for 2019-20. It includes a full income statement, balance sheet and cash flow analysis of AMARA RAJA BATTERIES. Also includes updates on the valuation of AMARA RAJA BATTERIES.
AMARA RAJA BATTERIES Announces Quarterly Results (1QFY21); Net Profit Down 55.5% (Quarterly Result Update)
Aug 18, 2020 | Updated on Aug 18, 2020For the quarter ended June 2020, AMARA RAJA BATTERIES has posted a net profit of Rs 627 m (down 55.5% YoY). Sales on the other hand came in at Rs 12 bn (down 36.6% YoY). Read on for a complete analysis of AMARA RAJA BATTERIES's quarterly results.
AMARA RAJA BATTERIES Announces Quarterly Results (4QFY20); Net Profit Up 14.5% (Quarterly Result Update)
Jun 1, 2020 | Updated on Jun 1, 2020For the quarter ended March 2020, AMARA RAJA BATTERIES has posted a net profit of Rs 1 bn (up 14.5% YoY). Sales on the other hand came in at Rs 16 bn (up 0.9% YoY). Read on for a complete analysis of AMARA RAJA BATTERIES's quarterly results.
AMARA RAJA BATTERIES 2018-19 Annual Report Analysis (Annual Result Update)
Sep 9, 2019 | Updated on Sep 9, 2019Here's an analysis of the annual report of AMARA RAJA BATTERIES for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of AMARA RAJA BATTERIES. Also includes updates on the valuation of AMARA RAJA BATTERIES.
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