INGERSOLL RAND Announces Quarterly Results (4QFY18); Net Profit Up 30.1%

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?  

INGERSOLL RAND Announces Quarterly Results (4QFY18); Net Profit Up 30.1%
Thu, 19 Jul

INGERSOLL RAND has announced its results for the quarter ended March 2018. Here is a detailed performance review of the same:

INGERSOLL RAND Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-17*
3
Dec-17*
3
Mar-18*
QoQ ChangeYoY Change
Net SalesRs m1,5671,7111,363-20.4%-13.0%
Other incomeRs m1121791811.4%61.8%
TurnoverRs m1,6791,8901,544-18.3%-8.0%
ExpensesRs m1,3781,4911,077-27.8%-21.8%
Gross profitRs m18922028629.9%51.1%
DepreciationRs m373029-3.3%-21.2%
InterestRs m41242310.0%473.8%
Profit before taxRs m26036841412.6%59.3%
TaxRs m569914950.2%164.7%
Profit after taxRs m204268265-1.3%30.1%
Gross profit margin%12.112.921.0
Effective tax rate%21.727.036.0
Net profit margin%12.114.217.2
* 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 13.0% on a year-on-year (YoY) basis. The expenses were down by 21.8% YoY during the same period.
  • The company's operating profit increased by 51.1% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 21.0% in 4QFY18 as against 12.1% in 4QFY17.
  • Depreciation charges and finance costs declined by 21.2% YoY and 473.8% YoY, respectively.
  • Other income increased by 61.8% YoY during the quarter.
  • Net profit for the quarter increased by 30.1% YoY. Net profit margins during the quarter increased from 12.1% in 4QFY17 to 17.2% in 4QFY18.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 20.4% on a quarter-on-quarter (QoQ) basis. The expenses were down by 27.8% QoQ during the same period.
  • The company's operating profit increased by 29.9% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 21.0% in 4QFY18 as against 12.9% in 3QFY17.
  • Net profit for the quarter declined by 1.3% QoQ, while net profit margins increased from 14.2% in 3QFY17 to 17.2% in 4QFY18.

To see how INGERSOLL RAND has performed over the last eight quarters, please visit here.

INGERSOLL RAND Share Price Performance

Over the last one year, INGERSOLL RAND share price has moved up from Rs 676.1 to Rs 515.9, registering a Loss of Rs -160.2 or around 23.7%.

Meanwhile, the S&P BSE CAPITAL GOODS Index is trading at Rs 17,332.2 (down 1.8%). Over the last one year it has moved down from 17,733.2 to 17,332.2, a gain of -401.0 points (down 2.3%).

Overall, the S&P BSE SENSEX is down 0.1% over the year.

Current Valuations

At the current price of Rs 515.9, the price to earnings (P/E) ratio of INGERSOLL RAND stands at 18.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.5 times.

Equitymaster requests your view! Post a comment on "INGERSOLL RAND Announces Quarterly Results (4QFY18); Net Profit Up 30.1%". Click here!

  

Related Views on News

INGERSOLL RAND Announces Quarterly Results (2QFY20); Net Profit Up 1.2% (Quarterly Result Update)

Nov 14, 2019 | Updated on Nov 14, 2019

For the quarter ended September 2019, INGERSOLL RAND has posted a net profit of Rs 227 m (up 1.2% YoY). Sales on the other hand came in at Rs 2 bn (down 3.4% YoY). Read on for a complete analysis of INGERSOLL RAND's quarterly results.

INGERSOLL RAND Announces Quarterly Results (1QFY20); Net Profit Down 8.0% (Quarterly Result Update)

Aug 16, 2019 | Updated on Aug 16, 2019

For the quarter ended June 2019, INGERSOLL RAND has posted a net profit of Rs 191 m (down 8.0% YoY). Sales on the other hand came in at Rs 2 bn (up 17.3% YoY). Read on for a complete analysis of INGERSOLL RAND's quarterly results.

Garden Reach Shipbuilders and Engineers Ltd: Is This PSU Shipbuilder Worth Betting On? (IPO)

Sep 24, 2018

Should you apply for the IPO of Garden Reach Shipbuilders and Engineers Ltd?

More Views on News

Most Popular

This Crorepati Stock Could Be the Best Vaccine for Your Portfolio Against Coronavirus(Profit Hunter)

Mar 17, 2020

If there is one stock I had to recommend you amid Coronavirus outbreak, this would be it.

If I Were to Recommend One Stock Amid Coronavirus Outbreak, This Would be It.(Profit Hunter)

Mar 19, 2020

Coronavirus outbreak has made no impact on the long term prospects of my favourite smallcap. What it has indeed done is brought the company below my buy price, making it even more attractive investment at current price.

Why India Will Be the Biggest Winner in a Post-Coronavirus World(The 5 Minute Wrapup)

Mar 19, 2020

The way businesses operate will change in a major way post the coronavirus impact. Here's why India stands to benefit from this change...

A Big Trading Opportunity is Coming Your Way Soon(Fast Profits Daily)

Mar 25, 2020

I see a big opportunity to make fast profits on the horizon.

The Real Long-Term Impact of the Coronavirus on India(The 5 Minute Wrapup)

Mar 18, 2020

My view on the impact of the Coronavirus on the Indian economy.

More

How to Trade the
Coronavirus Crash

Coronavirus Crash
Get this special report, authored by Equitymaster's top analysts, now.
We will never sell or rent your email id.
Please read our Terms

INGERSOLL RAND SHARE PRICE


Mar 27, 2020 (Close)

TRACK INGERSOLL RAND

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

MORE ON INGERSOLL RAND

INGERSOLL RAND - TIMKEN INDIA COMPARISON

COMPARE INGERSOLL RAND WITH

MARKET STATS