X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
KEC INTERNATIONAL Announces Quarterly Results (3QFY19); Net Profit Down 0.8%

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?  

KEC INTERNATIONAL Announces Quarterly Results (3QFY19); Net Profit Down 0.8%
Wed, 30 Jan

KEC INTERNATIONAL has announced its results for the quarter ended December 2018. Here is a detailed performance review of the same:

KEC INTERNATIONAL Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m24,04924,08526,4669.9%10.0%
Other incomeRs m1231736108.2%-71.1%
TurnoverRs m24,17324,10226,50210.0%9.6%
ExpensesRs m21,60821,55323,6539.7%9.5%
Gross profitRs m2,4412,5322,81411.1%15.3%
DepreciationRs m2723043091.5%13.5%
InterestRs m60776885711.6%41.3%
Profit before taxRs m1,6861,4771,68414.0%-0.1%
TaxRs m56851457511.9%1.1%
Profit after taxRs m1,1189631,10915.1%-0.8%
Gross profit margin%10.210.510.6
Effective tax rate%33.734.834.1
Net profit margin%4.64.04.2
* 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 grew 10.0% on a year-on-year (YoY) basis. The expenses were up by 9.5% YoY during the same period.
  • The company's operating profit increased by 15.3% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 10.6% in 3QFY19 as against 10.2% in 3QFY18.
  • Depreciation charges increased by 13.5% and finance costs increased by 41.3% YoY, respectively.
  • Other income declined by 71.1% YoY during the quarter.
  • Net profit for the quarter declined by 0.8% YoY. Net profit margins during the quarter declined from 4.6% in 3QFY18 to 4.2% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 9.9% on a quarter-on-quarter (QoQ) basis. The expenses were up by 9.7% QoQ during the same period.
  • The company's operating profit increased by 11.1% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 10.6% in 3QFY19 as against 10.5% in 2QFY18.
  • Net profit for the quarter increased by 15.1% QoQ, while net profit margins increased from 4.0% in 2QFY18 to 4.2% in 3QFY19.

To see how KEC INTERNATIONAL has performed over the last eight quarters, please visit here.

KEC INTERNATIONAL Share Price Performance

Over the last one year, KEC INTERNATIONAL share price has moved up from Rs 352.0 to Rs 241.5, registering a Loss of Rs 110.6 or around 31.4%.

Meanwhile, the S&P BSE CAPITAL GOODS Index is trading at Rs 17,037.5 (up 0.7%). Over the last one year it has moved down from 20,594.9 to 17,037.5, a gain of 3,557 points (down 17.3%).

Overall, the S&P BSE SENSEX is down 1.9% over the year.

Current Valuations

At the current price of Rs 241.5, the price to earnings (P/E) ratio of KEC INTERNATIONAL stands at 12.7 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.1 times.

Equitymaster requests your view! Post a comment on "KEC INTERNATIONAL Announces Quarterly Results (3QFY19); Net Profit Down 0.8%". Click here!

  

Related Views on News

KEC INTERNATIONAL Announces Quarterly Results (4QFY19); Net Profit Down 1.2% (Quarterly Result Update)

May 9, 2019 | Updated on May 9, 2019

For the quarter ended March 2019, KEC INTERNATIONAL has posted a net profit of Rs 2 bn (down 1.2% YoY). Sales on the other hand came in at Rs 38 bn (up 4.8% YoY). Read on for a complete analysis of KEC INTERNATIONAL's quarterly results.

KEC INTERNATIONAL 2017-18 Annual Report Analysis (Annual Result Update)

Dec 20, 2018 | Updated on Dec 20, 2018

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

KEC INTERNATIONAL Announces Quarterly Results (2QFY19); Net Profit Up 7.8% (Quarterly Result Update)

Nov 5, 2018 | Updated on Nov 5, 2018

For the quarter ended September 2018, KEC INTERNATIONAL has posted a net profit of Rs 963 m (up 7.8% YoY). Sales on the other hand came in at Rs 24 bn (up 13.0% YoY). Read on for a complete analysis of KEC INTERNATIONAL'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?

H.G Infra Engineering Ltd. (IPO)

Feb 24, 2018

Should you subscribe to the IPO of H.G Infra Engineering Ltd.?

More Views on News

Most Popular

My Top 7 Stocks to Profit from Sensex 100,000(The 5 Minute Wrapup)

May 16, 2019

Tanushree Banerjee explains everything you need to know about the Rebirth of India and Sensex 100,000.

3 Indian Stocks Replicating Amazon's Successful Strategy(The 5 Minute Wrapup)

May 10, 2019

The one critical element that has made Amazon a force to reckon with...

3 Stocks to Bet on to Become a 'Dividend Millionaire'(Profit Hunter)

May 14, 2019

As markets continue to rattle amid earning season, upcoming elections, volatile crude price and US China trade war, it's a great idea to add some stability to your portfolio by adding dividend stocks.

Indian Steel: The Perfect Multibagger Opportunity(Profit Hunter)

May 17, 2019

A structurally strong Indian Steel Industry will help India achieve 8%+ GDP growth in the coming years.

The Bitter Pill that Will Lay the Foundation for Sensex 100,000(The 5 Minute Wrapup)

May 14, 2019

These companies will help the Sensex more than double from current levels.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

KEC INTERNATIONAL SHARE PRICE


May 23, 2019 12:11 PM

TRACK KEC INTERNATIONAL

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

MORE ON KEC INTERNATIONAL

KEC INTERNATIONAL - ADOR WELDING COMPARISON

COMPARE KEC INTERNATIONAL WITH

MARKET STATS