KEI INDUSTRIES Announces Quarterly Results (4QFY20); Net Profit Up 1.5%

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?  

KEI INDUSTRIES Announces Quarterly Results (4QFY20); Net Profit Up 1.5%
Mon, 1 Jun

KEI INDUSTRIES has announced its results for the quarter ended March 2020. Here is a detailed performance review of the same:

KEI INDUSTRIES Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-19*
3
Dec-19*
3
Mar-20*
QoQ ChangeYoY Change
Net SalesRs m12,58813,14212,585-4.2%0.0%
Other incomeRs m374624-48.4%-35.6%
TurnoverRs m12,62513,18812,609-4.4%-0.1%
ExpensesRs m11,21211,74911,379-3.2%1.5%
Gross profitRs m1,3761,3931,206-13.4%-12.3%
DepreciationRs m86141137-2.8%58.9%
InterestRs m423330277-16.1%-34.6%
Profit before taxRs m903968816-15.7%-9.7%
TaxRs m304245207-15.3%-31.7%
Profit after taxRs m599723608-15.8%1.5%
Gross profit margin%10.910.69.6
Effective tax rate%33.625.325.4
Net profit margin%4.75.54.8
* 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 0.0% on a year-on-year (YoY) basis. The expenses were up by 1.5% YoY during the same period.
  • The company's operating profit declined by 12.3% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 9.6% in 4QFY20 as against 10.9% in 4QFY19.
  • Depreciation charges increased by 58.9% and finance costs declined by 34.6% YoY, respectively.
  • Other income declined by 35.6% YoY during the quarter.
  • Net profit for the quarter increased by 1.5% YoY. Net profit margins during the quarter increased from 4.7% in 4QFY19 to 4.8% in 4QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 4.2% on a quarter-on-quarter (QoQ) basis. The expenses were down by 3.2% QoQ during the same period.
  • The company's operating profit declined by 13.4% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 9.6% in 4QFY20 as against 10.6% in 3QFY19.
  • Net profit for the quarter declined by 15.8% QoQ, while net profit margins declined from 5.5% in 3QFY19 to 4.8% in 4QFY20.

To see how KEI INDUSTRIES has performed over the last eight quarters,please visit here.

Discover Now: One Stock for Potentially Life-changing Gains

KEI INDUSTRIES Share Price Performance

Over the last one year,KEI INDUSTRIES share price has moved down from Rs 524.4 to Rs 291.0, registering a Loss of Rs 233.4 or around 44.5%.

Meanwhile, the S&P BSE POWER Index is trading at Rs 1,505.0 (up 1.6%). Over the last one year it has moved down from 2,010.1 to 1,505.0, a loss of 505 points (down 25.1%).

Overall, the S&P BSE SENSEX is down 15.7% over the year.

Current Valuations

At the current price of Rs 291.0, the price to earnings (P/E) ratio of KEI INDUSTRIES stands at 8.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.7 times.

Equitymaster requests your view! Post a comment on "KEI INDUSTRIES Announces Quarterly Results (4QFY20); Net Profit Up 1.5%". Click here!

1 Responses to "KEI INDUSTRIES Announces Quarterly Results (4QFY20); Net Profit Up 1.5%"

Ravi Kohli

Jun 4, 2020

Hi

What are your views on Key industries ?

Do I hold, sell or buy more of the shares at this price.

Please advise its future target price.

Thanks

Ravi

Like 
  
Equitymaster requests your view! Post a comment on "KEI INDUSTRIES Announces Quarterly Results (4QFY20); Net Profit Up 1.5%". Click here!

Related Views on News

KEI INDUSTRIES Announces Quarterly Results (3QFY21); Net Profit Up 10.1% (Quarterly Result Update)

Jan 29, 2021 | Updated on Jan 29, 2021

For the quarter ended December 2020, KEI INDUSTRIES has posted a net profit of Rs 796 m (up 10.1% YoY). Sales on the other hand came in at Rs 12 bn (down 12.3% YoY). Read on for a complete analysis of KEI INDUSTRIES's quarterly results.

KEI INDUSTRIES Announces Quarterly Results (1QFY21); Net Profit Down 20.9% (Quarterly Result Update)

Aug 18, 2020 | Updated on Aug 18, 2020

For the quarter ended June 2020, KEI INDUSTRIES has posted a net profit of Rs 362 m (down 20.9% YoY). Sales on the other hand came in at Rs 7 bn (down 31.1% YoY). Read on for a complete analysis of KEI INDUSTRIES's quarterly results.

Power Grid's InvIT IPO: Key Points to Consider (Company Info)

Apr 23, 2021

In this article, we discuss the key reasons why the stock of Power Grid was in focus today.

More Views on News

Most Popular

Time to Buy Smallcaps?(Fast Profits Daily)

Apr 30, 2021

In this video, I'll show you why I favour smallcaps over the Nifty.

The Next Smallcap Winners(Profit Hunter)

Apr 30, 2021

Price is the only due diligence one might require to buy this business.

Sell in May and Go Away?(Fast Profits Daily)

Apr 28, 2021

Does the concept of selling stocks in the month of May, work in the Indian market?

This Fund Manager Has Taken the World by Storm. Will You Invest With Her?(Profit Hunter)

Apr 26, 2021

Should you invest with this Rockstar fund manager who has outperformed in a big way?

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

KEI INDUSTRIES SHARE PRICE


May 7, 2021 (Close)

TRACK KEI INDUSTRIES

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

MORE ON KEI INDUSTRIES

KEI INDUSTRIES - ELECTRICITE DE COMPARISON

COMPARE KEI INDUSTRIES WITH

MARKET STATS