HEG has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:
No. of Mths Qtr. Ending | 3 Jun-18* | 3 Mar-19* | 3 Jun-19* | QoQ Change | YoY Change | |
---|---|---|---|---|---|---|
Net Sales | Rs m | 15,874 | 13,467 | 8,165 | -39.4% | -48.6% |
Other income | Rs m | 80 | 423 | 392 | -7.4% | 392.6% |
Turnover | Rs m | 15,953 | 13,889 | 8,557 | -38.4% | -46.4% |
Expenses | Rs m | 3,994 | 5,587 | 4,687 | -16.1% | 17.4% |
Gross profit | Rs m | 11,880 | 7,880 | 3,478 | -55.9% | -70.7% |
Depreciation | Rs m | 176 | 182 | 177 | -2.6% | 0.9% |
Interest | Rs m | 17 | 59 | 93 | 57.8% | 431.6% |
Profit before tax | Rs m | 11,766 | 8,062 | 3,600 | -55.3% | -69.4% |
Tax | Rs m | 4,063 | 2,818 | 1,256 | -55.4% | -69.1% |
Profit after tax | Rs m | 7,703 | 5,244 | 2,344 | -55.3% | -69.6% |
Gross profit margin | % | 74.8 | 58.5 | 42.6 | ||
Effective tax rate | % | 34.5 | 35.0 | 34.9 | ||
Net profit margin | % | 48.3 | 37.8 | 27.4 |
To see how HEG has performed over the last eight quarters,please visit here.
Over the last one year,HEG share price has moved down from Rs 4,184.2 to Rs 973.8, registering a Loss of Rs 3,210.4 or around 76.7%.
Meanwhile, the S&P BSE CAPITAL GOODS Index is trading at Rs 16,933.1 (down 0.5%). Over the last one year it has moved down from 18,572.4 to 16,933.1, a gain of 1,639 points (down 8.8%).
Overall, the S&P BSE SENSEX is down 2.4% over the year.
At the current price of Rs 973.8, the price to earnings (P/E) ratio of HEG stands at 1.7 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.1 times.
Should you bet on this public sector defence shipbuilder?
Here's an analysis of the annual report of HEG for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of HEG. Also includes updates on the valuation of HEG.
For the quarter ended March 2019, HEG has posted a net profit of Rs 5 bn (down 17.3% YoY). Sales on the other hand came in at Rs 13 bn (up 4.2% YoY). Read on for a complete analysis of HEG's quarterly results.
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