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.
BHEL Announces Quarterly Results (4QFY19); Net Profit Up 49.3%

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?  

BHEL Announces Quarterly Results (4QFY19); Net Profit Up 49.3%
Wed, 29 May

BHEL has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:

BHEL Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m101,43773,364102,97240.4%1.5%
Other incomeRs m1,9792,2651,209-46.6%-38.9%
TurnoverRs m103,41675,629104,18037.8%0.7%
ExpensesRs m89,12171,17789,01925.1%-0.1%
Gross profitRs m12,3162,18713,952537.9%13.3%
DepreciationRs m2,1711,1241,34219.4%-38.2%
InterestRs m72657796467.1%32.9%
Profit before taxRs m11,3992,75112,854367.3%12.8%
TaxRs m6,8278316,027625.0%-11.7%
Profit after taxRs m4,5721,9206,827255.7%49.3%
Gross profit margin%12.13.013.5
Effective tax rate%59.930.246.9
Net profit margin%4.42.56.6
* 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 1.5% on a year-on-year (YoY) basis. The expenses were down by 0.1% YoY during the same period.
  • The company's operating profit increased by 13.3% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 13.5% in 4QFY19 as against 12.1% in 4QFY18.
  • Depreciation charges declined by 38.2% and finance costs increased by 32.9% YoY, respectively.
  • Other income declined by 38.9% YoY during the quarter.
  • Net profit for the quarter increased by 49.3% YoY. Net profit margins during the quarter increased from 4.4% in 4QFY18 to 6.6% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 40.4% on a quarter-on-quarter (QoQ) basis. The expenses were up by 25.1% QoQ during the same period.
  • The company's operating profit increased by 537.9% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 13.5% in 4QFY19 as against 3.0% in 3QFY18.
  • Net profit for the quarter increased by 255.7% QoQ, while net profit margins increased from 2.5% in 3QFY18 to 6.6% in 4QFY19.

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

BHEL Share Price Performance

Over the last one year, BHEL share price has moved up from Rs 83.6 to Rs 71.7, registering a Loss of Rs 11.9 or around 14.2%.

Meanwhile, the S&P BSE CAPITAL GOODS Index is trading at Rs 20,004.4 (down 0.6%). Over the last one year it has moved up from 19,070.9 to 20,004.4, a gain of 934 points (up 4.9%).

Overall, the S&P BSE SENSEX is up 12.8% over the year.

Current Valuations

At the current price of Rs 71.7, the price to earnings (P/E) ratio of BHEL stands at 21.6 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.8 times.

Equitymaster requests your view! Post a comment on "BHEL Announces Quarterly Results (4QFY19); Net Profit Up 49.3%". Click here!

  

Related Views on News

BHEL Announces Quarterly Results (3QFY19); Net Profit Up 25.3% (Quarterly Result Update)

Feb 13, 2019 | Updated on Feb 13, 2019

For the quarter ended December 2018, BHEL has posted a net profit of Rs 2 bn (up 25.3% YoY). Sales on the other hand came in at Rs 73 bn (up 10.7% YoY). Read on for a complete analysis of BHEL's quarterly results.

BHEL 2017-18 Annual Report Analysis (Annual Result Update)

Dec 19, 2018 | Updated on Dec 19, 2018

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

BHEL Announces Quarterly Results (2QFY19); Net Profit Up 60.4% (Quarterly Result Update)

Nov 9, 2018 | Updated on Nov 9, 2018

For the quarter ended September 2018, BHEL has posted a net profit of Rs 2 bn (up 60.4% YoY). Sales on the other hand came in at Rs 68 bn (up 7.7% YoY). Read on for a complete analysis of BHEL's quarterly results.

Garden Reach Shipbuilders and Engineers Ltd: Is This PSU Shipbuilder Worth Betting On? (IPO)

Sep 24, 2018

Should you apply for the IPO of Garden Reach Shipbuilders and Engineers Ltd?

BHEL: Margins Dip into the Negative (Quarterly Results Update - Detailed)

Aug 14, 2017

The company also saw order inflows of Rs 18 billion during the quarter, which was a massive 41% YoY lower than the previous year's quarter.

More Views on News

Most Popular

These 3 Smallcap Stocks are Set to Make the Most of Smallcap Rebound(Profit Hunter)

Jul 9, 2019

As the sense of normalcy returns to the markets, the rebound in the quality smallcaps could be huge.

2 Stocks from Super Investor Sanjay Bakshi's Portfolio You Can Bet On...(The 5 Minute Wrapup)

Jul 12, 2019

Despite the current fear prevailing in the markets, both these stocks have the potential to deliver in 4-5 years.

After Disappointing Budget, Here's a Document that Concerns Largecap and Smallcap Investors(The 5 Minute Wrapup)

Jul 8, 2019

A new 'definition' of the stock universe that triggered the smallcap sell-off is back with the latest list...

The Electric Vehicle Disruption is Great News for this Smallcap Stock(Profit Hunter)

Jul 15, 2019

While big auto makers are finding the transition difficult and crying foul, this small cap company is already leading and benefitting from the electric vehicle disruption in the auto sector.

Budget an Icing on the Cake for This Smart Money Backed Affordable Housing Stock(The 5 Minute Wrapup)

Jul 10, 2019

Affordable housing is one of the most straightforward growth stories in India. This will help the real estate sector to come out of the slump.

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

BHEL SHARE PRICE


Jul 19, 2019 (Close)

TRACK BHEL

COMPARE BHEL WITH

MARKET STATS