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.
BAJAJ ELECTRICALS Announces Quarterly Results (1QFY19); Net Profit Up 97.7%

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?  

BAJAJ ELECTRICALS Announces Quarterly Results (1QFY19); Net Profit Up 97.7%
Mon, 13 Aug

BAJAJ ELECTRICALS has announced its results for the quarter ended June 2018. Here is a detailed performance review of the same:

BAJAJ ELECTRICALS Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-17*
3
Mar-18*
3
Jun-18*
QoQ ChangeYoY Change
Net SalesRs m10,29416,06311,399-29.0%10.7%
Other incomeRs m10522693-58.7%-11.2%
TurnoverRs m10,39916,28811,492-29.4%10.5%
ExpensesRs m9,84214,71310,601-27.9%7.7%
Gross profitRs m45245679875.0%76.5%
DepreciationRs m8089923.4%14.8%
InterestRs m15015517714.4%17.9%
Profit before taxRs m32843962342.1%90.2%
TaxRs m123365218-40.4%77.6%
Profit after taxRs m20573405454.4%97.7%
Gross profit margin%4.42.87.0
Effective tax rate%37.483.334.9
Net profit margin%2.00.43.5
* 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 10.7% on a year-on-year (YoY) basis. The expenses were up by 7.7% YoY during the same period.
  • The company's operating profit increased by 76.5% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 7.0% in 1QFY19 as against 4.4% in 1QFY18.
  • Depreciation charges and finance costs increased by 14.8% YoY and 17.9% YoY, respectively.
  • Other income declined by 11.2% YoY during the quarter.
  • Net profit for the quarter increased by 97.7% YoY. Net profit margins during the quarter increased from 2.0% in 1QFY18 to 3.5% in 1QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 29.0% on a quarter-on-quarter (QoQ) basis. The expenses were down by 27.9% QoQ during the same period.
  • The company's operating profit increased by 75.0% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 7.0% in 1QFY19 as against 2.8% in 4QFY18.
  • Net profit for the quarter increased by 454.4% QoQ, while net profit margins increased from 0.4% in 4QFY18 to 3.5% in 1QFY19.

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

BAJAJ ELECTRICALS Share Price Performance

Over the last one year, BAJAJ ELECTRICALS share price has moved up from Rs 306.6 to Rs 564.5, registering a Gain of Rs 257.9 or around 84.1%.

Meanwhile, the S&P BSE CONSUMER DURABLES Index is trading at Rs 22,022.9 (up 0.3%). Over the last one year it has moved up from 17,135.5 to 22,022.9, a gain of 4,887 points (up 28.5%).

Overall, the S&P BSE SENSEX is up 19.5% over the year.

Current Valuations

At the current price of Rs 564.5, the price to earnings (P/E) ratio of BAJAJ ELECTRICALS stands at 54.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 6.1 times.

Equitymaster requests your view! Post a comment on "BAJAJ ELECTRICALS Announces Quarterly Results (1QFY19); Net Profit Up 97.7%". Click here!

  

Related Views on News

BAJAJ ELECTRICALS Announces Quarterly Results (3QFY19); Net Profit Up 73.6% (Quarterly Result Update)

Feb 12, 2019 | Updated on Feb 12, 2019

For the quarter ended December 2018, BAJAJ ELECTRICALS has posted a net profit of Rs 639 m (up 73.6% YoY). Sales on the other hand came in at Rs 22 bn (up 88.8% YoY). Read on for a complete analysis of BAJAJ ELECTRICALS's quarterly results.

BAJAJ ELECTRICALS Announces Quarterly Results (2QFY19); Net Profit Up 79.6% (Quarterly Result Update)

Nov 5, 2018 | Updated on Nov 5, 2018

For the quarter ended September 2018, BAJAJ ELECTRICALS has posted a net profit of Rs 341 m (up 79.6% YoY). Sales on the other hand came in at Rs 16 bn (up 70.9% YoY). Read on for a complete analysis of BAJAJ ELECTRICALS's quarterly results.

Dixon Technologies Ltd. (IPO)

Sep 5, 2017

Should you subscribe to the IPO of Dixon Technologies (India) Ltd?

More Views on News

Most Popular

The RCom Bankruptcy: 5 Lessons for Smallcap Investors(Profit Hunter)

Feb 7, 2019

Managements of companies can create or ruin their fortunes. Why is management quality such an important factor in valuing businesses? Read on to find out...

The One Real Estate Stock to Buy Now(The 5 Minute Wrapup)

Feb 13, 2019

The real estate sector is ready to make a comeback. This is the stock to consider buying.

Here's What the Biggest 'Rebirth of India' Investors are Doing(The 5 Minute Wrapup)

Feb 5, 2019

A roundtable on the 18th of January 2019 had investors with billions of dollars of investment kitty.

How We Pick the Most Profitable Stocks from the Portfolios of Super Investors(The 5 Minute Wrapup)

Feb 8, 2019

This is the trick to following super investors and not losing money.

Small Caps Under Seige: Could This Be A Once-in-a-Decade Wealth Creating Opportunity?(Profit Hunter)

Feb 14, 2019

Don't let the dark clouds hovering over small caps scare you into hiding; it will rain gold as sentiments recover. Indeed, there is a blood bath. And if you are a first time investor, the correction is deep enough to scare you out of markets.

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

BAJAJ ELECTRICALS SHARE PRICE


Feb 18, 2019 03:35 PM

TRACK BAJAJ ELECTRICALS

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

MORE ON BAJAJ ELECTRICALS

BAJAJ ELECTRICALS 5-YR ANALYSIS

COMPARE BAJAJ ELECTRICALS WITH

MARKET STATS