FEDERAL - MOGUL G Announces Quarterly Results (1QFY20); Net Profit Down 58.0%

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?  

FEDERAL - MOGUL G Announces Quarterly Results (1QFY20); Net Profit Down 58.0%
Wed, 21 Aug

FEDERAL - MOGUL G has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

FEDERAL - MOGUL G Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m3,3923,2033,073-4.0%-9.4%
Other incomeRs m462974153.7%62.7%
TurnoverRs m3,4383,2323,147-2.6%-8.5%
ExpensesRs m2,8282,7162,7421.0%-3.0%
Gross profitRs m565487331-32.0%-41.4%
DepreciationRs m1962092215.7%12.9%
InterestRs m231818-0.2%-21.1%
Profit before taxRs m391289166-42.6%-57.6%
TaxRs m13711159-47.1%-56.9%
Profit after taxRs m254177107-39.7%-58.0%
Gross profit margin%16.615.210.8
Effective tax rate%35.038.535.5
Net profit margin%7.45.53.4
* 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 fell 9.4% on a year-on-year (YoY) basis. The expenses were down by 3.0% YoY during the same period.
  • The company's operating profit declined by 41.4% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 10.8% in 1QFY20 as against 16.6% in 1QFY19.
  • Depreciation charges increased by 12.9% and finance costs declined by 21.1% YoY, respectively.
  • Other income increased by 62.7% YoY during the quarter.
  • Net profit for the quarter declined by 58.0% YoY. Net profit margins during the quarter declined from 7.4% in 1QFY19 to 3.4% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 4.0% on a quarter-on-quarter (QoQ) basis. The expenses were up by 1.0% QoQ during the same period.
  • The company's operating profit declined by 32.0% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 10.8% in 1QFY20 as against 15.2% in 4QFY19.
  • Net profit for the quarter declined by 39.7% QoQ, while net profit margins declined from 5.5% in 4QFY19 to 3.4% in 1QFY20.

To see how FEDERAL - MOGUL G has performed over the last eight quarters,please visit here.

FEDERAL - MOGUL G Share Price Performance

Over the last one year,FEDERAL - MOGUL G share price has moved up from Rs 452.5 to Rs 519.0, registering a Gain of Rs 66.5 or around 14.7%.

Overall, the S&P BSE SENSEX is down 2.5% over the year.

Current Valuations

At the current price of Rs 519.0, the price to earnings (P/E) ratio of FEDERAL - MOGUL G stands at 42.6 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 4.1 times.

Equitymaster requests your view! Post a comment on "FEDERAL - MOGUL G Announces Quarterly Results (1QFY20); Net Profit Down 58.0%". Click here!

  

Related Views on News

FEDERAL - MOGUL G Announces Quarterly Results (3QFY19); Net Profit Up 18.1% (Quarterly Result Update)

Feb 15, 2019 | Updated on Feb 15, 2019

For the quarter ended December 2018, FEDERAL - MOGUL G has posted a net profit of Rs 183 m (up 18.1% YoY). Sales on the other hand came in at Rs 3 bn (up 1.0% YoY). Read on for a complete analysis of FEDERAL - MOGUL G's quarterly results.

FEDERAL - MOGUL G 2017-18 Annual Report Analysis (Annual Result Update)

Jan 1, 2019 | Updated on Jan 1, 2019

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

FEDERAL - MOGUL G Announces Quarterly Results (2QFY19); Net Profit Down 7.8% (Quarterly Result Update)

Nov 12, 2018 | Updated on Nov 12, 2018

For the quarter ended September 2018, FEDERAL - MOGUL G has posted a net profit of Rs 210 m (down 7.8% YoY). Sales on the other hand came in at Rs 3 bn (up 3.9% YoY). Read on for a complete analysis of FEDERAL - MOGUL G's quarterly results.

More Views on News

Most Popular

How to Find the Best Stocks for Day Trading - 1(Fast Profits Daily)

Jul 2, 2020

In the first of two videos, I'll show you how to identify the best stocks for intraday trading.

Two Agri Stocks Are Likely to Outperform Even in this Market(Profit Hunter)

Jul 2, 2020

Why we have recommended two agriculture stocks for our Hidden Treasure subscribers. Read on...

Smallcaps Are in a Sweet Spot Again: Are You Buying?(Profit Hunter)

Jul 3, 2020

This is why I believe smallcaps are the place to be in the near future.

How We Made 10%+ Profits Overnight(Fast Profits Daily)

Jul 3, 2020

A simple trade in natural gas delivered more than 10% overnight. Here's how we did it...

More

India's #1 Trader
Reveals His Secrets

The 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

FEDERAL - MOGUL G SHARE PRICE


Jul 15, 2020 10:21 AM

TRACK FEDERAL - MOGUL G

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

MORE ON FEDERAL - MOGUL G

FEDERAL - MOGUL G - ASAHI INDIA COMPARISON

COMPARE FEDERAL - MOGUL G WITH

MARKET STATS