KALPATARU POWER Announces Quarterly Results (2QFY20); Net Profit Up 39.0%

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KALPATARU POWER Announces Quarterly Results (2QFY20); Net Profit Up 39.0%
Thu, 14 Nov

KALPATARU POWER has announced its results for the quarter ended September 2019. Here is a detailed performance review of the same:

KALPATARU POWER Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-18*
3
Jun-19*
3
Sep-19*
QoQ ChangeYoY Change
Net SalesRs m15,74116,55019,67018.9%25.0%
Other incomeRs m175100250150.0%42.9%
TurnoverRs m15,91616,65019,92019.6%25.2%
ExpensesRs m14,03214,63017,60020.3%25.4%
Gross profitRs m1,7091,9202,0707.8%21.1%
DepreciationRs m1992602703.8%35.4%
InterestRs m28334044029.4%55.6%
Profit before taxRs m1,4021,4201,61013.4%14.9%
TaxRs m488500340-32.0%-30.3%
Profit after taxRs m9149201,27038.0%39.0%
Gross profit margin%10.911.610.5
Effective tax rate%34.835.221.1
Net profit margin%5.75.56.4
* 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 grew 25.0% on a year-on-year (YoY) basis. The expenses were up by 25.4% YoY during the same period.
  • The company's operating profit increased by 21.1% YoY during the quarter. Consequently, operating profit margins remained same and stood at 10.5% in 2QFY20.
  • Depreciation charges increased by 35.4% and finance costs increased by 55.6% YoY, respectively.
  • Other income increased by 42.9% YoY during the quarter.
  • Net profit for the quarter increased by 39.0% YoY. Net profit margins during the quarter increased from 5.7% in 2QFY19 to 6.4% in 2QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 18.9% on a quarter-on-quarter (QoQ) basis. The expenses were up by 20.3% QoQ during the same period.
  • The company's operating profit increased by 7.8% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 10.5% in 2QFY20 as against 11.6% in 1QFY19.
  • Net profit for the quarter increased by 38.0% QoQ, while net profit margins increased from 5.5% in 1QFY19 to 6.4% in 2QFY20.

To see how KALPATARU POWER has performed over the last eight quarters,please visit here.

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KALPATARU POWER Share Price Performance

Over the last one year,KALPATARU POWER share price has moved up from Rs 357.0 to Rs 450.8, registering a Gain of Rs 93.9 or around 26.3%.

Meanwhile, the S&P BSE CAPITAL GOODS Index is trading at Rs 17,963.7 (down 0.6%). Over the last one year it has moved down from 18,309.3 to 17,963.7, a gain of 346 points (down 1.9%).

Overall, the S&P BSE SENSEX is up 14.3% over the year.

Current Valuations

At the current price of Rs 450.8, the price to earnings (P/E) ratio of KALPATARU POWER stands at 15.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.2 times.

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Feb 27, 2020 03:37 PM

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