HERCULES HOISTS Announces Quarterly Results (1QFY20); Net Profit Up 9.8%

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HERCULES HOISTS Announces Quarterly Results (1QFY20); Net Profit Up 9.8%
Mon, 19 Aug

HERCULES HOISTS has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

HERCULES HOISTS Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m206263199-24.6%-3.6%
Other incomeRs m202319-19.6%-7.2%
TurnoverRs m226287217-24.2%-3.9%
ExpensesRs m203247188-24.0%-7.8%
Gross profitRs m21711-34.2%341.9%
DepreciationRs m77918.1%17.6%
InterestRs m0000.0%0.0%
Profit before taxRs m153321-36.0%36.3%
TaxRs m277-4.6%173.0%
Profit after taxRs m132514-44.7%9.8%
Gross profit margin%1.26.35.5
Effective tax rate%16.221.832.5
Net profit margin%5.78.96.5
* 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 fell 3.6% on a year-on-year (YoY) basis. The expenses were down by 7.8% YoY during the same period.
  • The company's operating profit increased by 341.9% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 5.5% in 1QFY20 as against 1.2% in 1QFY19.
  • Depreciation charges increased by 17.6% and finance costs increased by 0.0% YoY, respectively.
  • Other income declined by 7.2% YoY during the quarter.
  • Net profit for the quarter increased by 9.8% YoY. Net profit margins during the quarter increased from 5.7% in 1QFY19 to 6.5% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 24.6% on a quarter-on-quarter (QoQ) basis. The expenses were down by 24.0% QoQ during the same period.
  • The company's operating profit declined by 34.2% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 5.5% in 1QFY20 as against 6.3% in 4QFY19.
  • Net profit for the quarter declined by 44.7% QoQ, while net profit margins declined from 8.7% in 4QFY19 to 6.5% in 1QFY20.

To see how HERCULES HOISTS has performed over the last eight quarters,please visit here.

HERCULES HOISTS Share Price Performance

Over the last one year,HERCULES HOISTS share price has moved down from Rs 115.1 to Rs 78.6, registering a Loss of Rs 36.5 or around 31.7%.

Meanwhile, the S&P BSE CAPITAL GOODS Index is trading at Rs 17,146.8 (up 1.3%). Over the last one year it has moved down from 17,856.0 to 17,146.8, a gain of 709 points (down 4.0%).

Overall, the S&P BSE SENSEX is down 0.0% over the year.

Current Valuations

At the current price of Rs 78.6, the price to earnings (P/E) ratio of HERCULES HOISTS stands at 19.5 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.7 times.

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HERCULES HOISTS 2018-19 Annual Report Analysis (Annual Result Update)

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HERCULES HOISTS Announces Quarterly Results (4QFY19); Net Profit Down 12.8% (Quarterly Result Update)

May 30, 2019 | Updated on May 30, 2019

For the quarter ended March 2019, HERCULES HOISTS has posted a net profit of Rs 25 m (down 12.8% YoY). Sales on the other hand came in at Rs 263 m (up 6.3% YoY). Read on for a complete analysis of HERCULES HOISTS's quarterly results.

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May 17, 2021 03:06 PM

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