BAJAJ ELECTRICALS Announces Quarterly Results (4QFY19); Net Profit Up 290.4%

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 (4QFY19); Net Profit Up 290.4%
Fri, 24 May

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

BAJAJ ELECTRICALS Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m16,06321,61817,729-18.0%10.4%
Other incomeRs m22655263375.9%16.5%
TurnoverRs m16,28821,67417,992-17.0%10.5%
ExpensesRs m14,71320,24017,036-15.8%15.8%
Gross profitRs m4561,378694-49.6%52.1%
DepreciationRs m8910099-0.9%11.7%
InterestRs m15533341925.8%171.1%
Profit before taxRs m4391,000439-56.1%0.0%
TaxRs m365361153-57.6%-58.1%
Profit after taxRs m73639285-55.4%290.4%
Gross profit margin%2.86.43.9
Effective tax rate%83.336.134.9
Net profit margin%0.42.91.6
* 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 10.4% on a year-on-year (YoY) basis. The expenses were up by 15.8% YoY during the same period.
  • The company's operating profit increased by 52.1% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 3.9% in 4QFY19 as against 2.8% in 4QFY18.
  • Depreciation charges increased by 11.7% and finance costs increased by 171.1% YoY, respectively.
  • Other income increased by 16.5% YoY during the quarter.
  • Net profit for the quarter increased by 290.4% YoY. Net profit margins during the quarter increased from 0.4% in 4QFY18 to 1.6% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 18.0% on a quarter-on-quarter (QoQ) basis. The expenses were down by 15.8% QoQ during the same period.
  • The company's operating profit declined by 49.6% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 3.9% in 4QFY19 as against 6.4% in 3QFY18.
  • Net profit for the quarter declined by 55.4% QoQ, while net profit margins declined from 2.9% in 3QFY18 to 1.6% in 4QFY19.

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 563.2 to Rs 549.2, registering a Loss of Rs 14.0 or around 2.5%.

Meanwhile, the S&P BSE CONSUMER DURABLES Index is trading at Rs 24,008.8 (down 0.6%). Over the last one year it has moved up from 21,173.4 to 24,008.8, a gain of 2,835 points (up 13.4%).

Overall, the S&P BSE SENSEX is up 13.3% over the year.

Current Valuations

At the current price of Rs 549.2, the price to earnings (P/E) ratio of BAJAJ ELECTRICALS stands at 33.1 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 5.9 times.

Equitymaster requests your view! Post a comment on "BAJAJ ELECTRICALS Announces Quarterly Results (4QFY19); Net Profit Up 290.4%". Click here!

  

Related Views on News

BAJAJ ELECTRICALS 2018-19 Annual Report Analysis (Annual Result Update)

Sep 30, 2019 | Updated on Sep 30, 2019

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

BAJAJ ELECTRICALS Announces Quarterly Results (1QFY20); Net Profit Down 57.1% (Quarterly Result Update)

Aug 13, 2019 | Updated on Aug 13, 2019

For the quarter ended June 2019, BAJAJ ELECTRICALS has posted a net profit of Rs 174 m (down 57.1% YoY). Sales on the other hand came in at Rs 13 bn (up 13.8% YoY). Read on for a complete analysis of BAJAJ ELECTRICALS's quarterly results.

More Views on News

Most Popular

Time to Buy Smallcaps?(Fast Profits Daily)

Apr 30, 2021

In this video, I'll show you why I favour smallcaps over the Nifty.

The Next Smallcap Winners(Profit Hunter)

Apr 30, 2021

Price is the only due diligence one might require to buy this business.

Sell in May and Go Away?(Fast Profits Daily)

Apr 28, 2021

Does the concept of selling stocks in the month of May, work in the Indian market?

Are the Stock Markets Deaf to Covid Agony?(Profit Hunter)

May 6, 2021

Why are markets discounting the economic impact of Covid?

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

BAJAJ ELECTRICALS SHARE PRICE


May 10, 2021 (Close)

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 - SAMTEL COLOR COMPARISON

COMPARE BAJAJ ELECTRICALS WITH

MARKET STATS