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.
SCHAEFFLER INDIA LTD Announces Quarterly Results (2QFY19); Net Profit Up 54.7%

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?  

SCHAEFFLER INDIA LTD Announces Quarterly Results (2QFY19); Net Profit Up 54.7%
Fri, 9 Nov

SCHAEFFLER INDIA LTD has announced its results for the quarter ended September 2018. Here is a detailed performance review of the same:

SCHAEFFLER INDIA LTD Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m4,9225,14911,915131.4%142.1%
Other incomeRs m181288170-40.9%-5.8%
TurnoverRs m5,1035,43712,085122.3%136.8%
ExpensesRs m4,0164,3009,918130.7%147.0%
Gross profitRs m9068501,60588.9%77.3%
DepreciationRs m17919137294.4%108.0%
InterestRs m21131240.0%793.3%
Profit before taxRs m9069461,39047.0%53.4%
TaxRs m32033348445.3%51.2%
Profit after taxRs m58661390748.0%54.7%
Gross profit margin%18.416.513.5
Effective tax rate%35.335.234.8
Net profit margin%11.511.37.5
* 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 142.1% on a year-on-year (YoY) basis. The expenses were up by 147.0% YoY during the same period.
  • The company's operating profit increased by 77.3% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 13.5% in 2QFY19 as against 18.4% in 2QFY18.
  • Depreciation charges increased by 108.0% and finance costs increased by 793.3% YoY, respectively.
  • Other income declined by 5.8% YoY during the quarter.
  • Net profit for the quarter increased by 54.7% YoY. Net profit margins during the quarter declined from 11.5% in 2QFY18 to 7.5% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 131.4% on a quarter-on-quarter (QoQ) basis. The expenses were up by 130.7% QoQ during the same period.
  • The company's operating profit declined by 88.9% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 13.5% in 2QFY19 as against 16.5% in 1QFY18.
  • Net profit for the quarter increased by 48.0% QoQ, while net profit margins declined from 11.3% in 1QFY18 to 7.5% in 2QFY19.

To see how SCHAEFFLER INDIA LTD has performed over the last eight quarters, please visit here.

SCHAEFFLER INDIA LTD Share Price Performance

Over the last one year, SCHAEFFLER INDIA LTD share price has moved up from Rs 5,091.5 to Rs 5,316.1, registering a Gain of Rs 224.6 or around 4.4%.

Overall, the S&P BSE SENSEX is up 5.3% over the year.

Current Valuations

At the current price of Rs 5,316.1, the price to earnings (P/E) ratio of SCHAEFFLER INDIA LTD stands at 30.9 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 "SCHAEFFLER INDIA LTD Announces Quarterly Results (2QFY19); Net Profit Up 54.7%". Click here!

  

Related Views on News

SCHAEFFLER INDIA LTD Announces Quarterly Results (1QFY19); Net Profit Up 13.5% (Quarterly Result Update)

Jul 30, 2018 | Updated on Jul 30, 2018

For the quarter ended June 2018, SCHAEFFLER INDIA LTD has posted a net profit of Rs 612 m (up 13.5% YoY). Sales on the other hand came in at Rs 5 bn (up 4.0% YoY). Read on for a complete analysis of SCHAEFFLER INDIA LTD 's quarterly results.

SCHAEFFLER INDIA LTD Announces Quarterly Results (4QFY18); Net Profit Up 14.9% (Quarterly Result Update)

Jul 20, 2018 | Updated on Jul 20, 2018

For the quarter ended March 2018, SCHAEFFLER INDIA LTD has posted a net profit of Rs 660 m (up 14.9% YoY). Sales on the other hand came in at Rs 5 bn (up 4.8% YoY). Read on for a complete analysis of SCHAEFFLER INDIA LTD 's quarterly results.

Sandhar Technologies IPO: Worth Betting on This Automotive Component Manufacturer? (IPO)

Mar 17, 2018

Should you subscribe to the IPO of Sandhar Technologies Ltd?

More Views on News

Most Popular

7 Stocks to Profit from Sensex 100,000(The 5 Minute Wrapup)

Feb 4, 2019

Tanushree Banerjee explains everything you need to know about the Rebirth of India and Sensex 100,000.

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...

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.

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.

Do You Have the Stomach to Survive a Small Cap Crash?(Profit Hunter)

Feb 5, 2019

While selecting good businesses is relatively easy task in a bearish phase, where most people fail is in having enough patience to hold the quality stocks until recovery.

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

SCHAEFFLER INDIA LTD SHARE PRICE


Feb 15, 2019 (Close)

TRACK SCHAEFFLER INDIA LTD

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

MORE ON SCHAEFFLER INDIA LTD

SCHAEFFLER INDIA LTD 8-QTR ANALYSIS

COMPARE SCHAEFFLER INDIA LTD WITH

MARKET STATS