ATUL AUTO Announces Quarterly Results (3QFY20); Net Profit Up 22.2%

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?  

ATUL AUTO Announces Quarterly Results (3QFY20); Net Profit Up 22.2%
Wed, 19 Feb

ATUL AUTO has announced its results for the quarter ended December 2019. Here is a detailed performance review of the same:

ATUL AUTO Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-18*
3
Sep-19*
3
Dec-19*
QoQ ChangeYoY Change
Net SalesRs m1,8611,7221,92812.0%3.6%
Other incomeRs m18108-16.3%-54.9%
TurnoverRs m1,8801,7321,93711.8%3.0%
ExpensesRs m1,6131,5211,6548.8%2.5%
Gross profitRs m24820127436.2%10.4%
DepreciationRs m1416161.3%16.5%
InterestRs m252-54.3%40.0%
Profit before taxRs m25119026438.7%5.2%
TaxRs m901367401.5%-25.3%
Profit after taxRs m16117719711.2%22.2%
Gross profit margin%13.311.714.2
Effective tax rate%35.87.025.5
Net profit margin%8.610.210.2
* 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 3.6% on a year-on-year (YoY) basis. The expenses were up by 2.5% YoY during the same period.
  • The company's operating profit increased by 10.4% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 14.2% in 3QFY20 as against 13.3% in 3QFY19.
  • Depreciation charges increased by 16.5% and finance costs increased by 40.0% YoY, respectively.
  • Other income declined by 54.9% YoY during the quarter.
  • Net profit for the quarter increased by 22.2% YoY. Net profit margins during the quarter increased from 8.6% in 3QFY19 to 10.2% in 3QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 12.0% on a quarter-on-quarter (QoQ) basis. The expenses were up by 8.8% QoQ during the same period.
  • The company's operating profit increased by 36.2% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 14.2% in 3QFY20 as against 11.7% in 2QFY19.
  • Net profit for the quarter increased by 11.2% QoQ, while net profit margins declined from 10.2% in 2QFY19 to 10.2% in 3QFY20.

To see how ATUL AUTO has performed over the last eight quarters,please visit here.

BREAKING NEWS: Massive Opportunity Triggered as Investing Legends Quit
ATUL AUTO Share Price Performance

Over the last one year,ATUL AUTO share price has moved down from Rs 293.2 to Rs 241.7, registering a Loss of Rs 51.5 or around 17.6%.

Meanwhile, the S&P BSE AUTO Index is trading at Rs 17,312.9 (down 0.1%). Over the last one year it has moved down from 18,123.6 to 17,312.9, a gain of 811 points (down 4.5%).

Overall, the S&P BSE SENSEX is up 16.2% over the year.

Current Valuations

At the current price of Rs 241.7, the price to earnings (P/E) ratio of ATUL AUTO stands at 8.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.0 times.

Equitymaster requests your view! Post a comment on "ATUL AUTO Announces Quarterly Results (3QFY20); Net Profit Up 22.2%". Click here!

  

Related Views on News

ATUL AUTO 2018-19 Annual Report Analysis (Annual Result Update)

Sep 16, 2019 | Updated on Sep 16, 2019

Here's an analysis of the annual report of ATUL AUTO for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of ATUL AUTO. Also includes updates on the valuation of ATUL AUTO.

ATUL AUTO Announces Quarterly Results (1QFY20); Net Profit Up 9.1% (Quarterly Result Update)

Aug 16, 2019 | Updated on Aug 16, 2019

For the quarter ended June 2019, ATUL AUTO has posted a net profit of Rs 112 m (up 9.1% YoY). Sales on the other hand came in at Rs 1 bn (up 7.6% YoY). Read on for a complete analysis of ATUL AUTO's quarterly results.

ATUL AUTO Announces Quarterly Results (4QFY19); Net Profit Up 0.8% (Quarterly Result Update)

Jun 3, 2019 | Updated on Jun 3, 2019

For the quarter ended March 2019, ATUL AUTO has posted a net profit of Rs 118 m (up 0.8% YoY). Sales on the other hand came in at Rs 2 bn (up 10.8% YoY). Read on for a complete analysis of ATUL AUTO's quarterly results.

ATUL AUTO 2017-18 Annual Report Analysis (Annual Result Update)

Dec 21, 2018 | Updated on Dec 21, 2018

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

More Views on News

Most Popular

This Crorepati Stock Could Be the Best Vaccine for Your Portfolio Against Coronavirus(Profit Hunter)

Mar 17, 2020

If there is one stock I had to recommend you amid Coronavirus outbreak, this would be it.

If I Were to Recommend One Stock Amid Coronavirus Outbreak, This Would be It.(Profit Hunter)

Mar 19, 2020

Coronavirus outbreak has made no impact on the long term prospects of my favourite smallcap. What it has indeed done is brought the company below my buy price, making it even more attractive investment at current price.

Why India Will Be the Biggest Winner in a Post-Coronavirus World(The 5 Minute Wrapup)

Mar 19, 2020

The way businesses operate will change in a major way post the coronavirus impact. Here's why India stands to benefit from this change...

A Big Trading Opportunity is Coming Your Way Soon(Fast Profits Daily)

Mar 25, 2020

I see a big opportunity to make fast profits on the horizon.

The Real Long-Term Impact of the Coronavirus on India(The 5 Minute Wrapup)

Mar 18, 2020

My view on the impact of the Coronavirus on the Indian economy.

More

How to Trade the
Coronavirus Crash

Coronavirus Crash
Get this special report, authored by Equitymaster's top analysts, now.
We will never sell or rent your email id.
Please read our Terms

ATUL AUTO SHARE PRICE


Mar 27, 2020 (Close)

TRACK ATUL AUTO

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

ATUL AUTO 8-QTR ANALYSIS

COMPARE ATUL AUTO WITH

MARKET STATS