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.
KIRLOSKAR BROS. Announces Quarterly Results (3QFY19); Net Profit Up 41.8%

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?  

KIRLOSKAR BROS. Announces Quarterly Results (3QFY19); Net Profit Up 41.8%
Mon, 28 Jan

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

KIRLOSKAR BROS. Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m4,4214,8825,1806.1%17.2%
Other incomeRs m39122-38-131.1%-197.4%
TurnoverRs m4,4605,0045,1422.8%15.3%
ExpensesRs m4,1874,5824,8105.0%14.9%
Gross profitRs m23430037023.3%58.1%
DepreciationRs m8889934.5%5.7%
InterestRs m6567739.0%12.3%
Profit before taxRs m120266166-37.6%38.3%
TaxRs m296637-43.9%27.6%
Profit after taxRs m91200129-35.5%41.8%
Gross profit margin%5.36.17.1
Effective tax rate%24.224.822.3
Net profit margin%2.04.02.5
* 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 grew 17.2% on a year-on-year (YoY) basis. The expenses were up by 14.9% YoY during the same period.
  • The company's operating profit increased by 58.1% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 7.1% in 3QFY19 as against 5.3% in 3QFY18.
  • Depreciation charges increased by 5.7% and finance costs increased by 12.3% YoY, respectively.
  • Other income declined by 197.4% YoY during the quarter.
  • Net profit for the quarter increased by 41.8% YoY. Net profit margins during the quarter increased from 2.0% in 3QFY18 to 2.5% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 6.1% on a quarter-on-quarter (QoQ) basis. The expenses were up by 5.0% QoQ during the same period.
  • The company's operating profit increased by 23.3% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 7.1% in 3QFY19 as against 6.1% in 2QFY18.
  • Net profit for the quarter declined by 35.5% QoQ, while net profit margins declined from 4.0% in 2QFY18 to 2.5% in 3QFY19.

To see how KIRLOSKAR BROS. has performed over the last eight quarters, please visit here.

KIRLOSKAR BROS. Share Price Performance

Over the last one year, KIRLOSKAR BROS. share price has moved up from Rs 339.6 to Rs 143.9, registering a Loss of Rs 195.7 or around 57.6%.

Meanwhile, the S&P BSE CAPITAL GOODS Index is trading at Rs 17,269.9 (up 0.6%). Over the last one year it has moved down from 20,634.8 to 17,269.9, a gain of 3,365 points (down 16.3%).

Overall, the S&P BSE SENSEX is down 0.6% over the year.

Current Valuations

At the current price of Rs 143.9, the price to earnings (P/E) ratio of KIRLOSKAR BROS. stands at 13.7 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.2 times.

Equitymaster requests your view! Post a comment on "KIRLOSKAR BROS. Announces Quarterly Results (3QFY19); Net Profit Up 41.8%". Click here!

  

Related Views on News

KIRLOSKAR BROS. Announces Quarterly Results (4QFY19); Net Profit Up 11.7% (Quarterly Result Update)

May 21, 2019 | Updated on May 21, 2019

For the quarter ended March 2019, KIRLOSKAR BROS. has posted a net profit of Rs 363 m (up 11.7% YoY). Sales on the other hand came in at Rs 8 bn (up 23.8% YoY). Read on for a complete analysis of KIRLOSKAR BROS.'s quarterly results.

KIRLOSKAR BROS. 2017-18 Annual Report Analysis (Annual Result Update)

Dec 18, 2018 | Updated on Dec 18, 2018

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

KIRLOSKAR BROS. Announces Quarterly Results (2QFY19); Net Profit Up 8.1% (Quarterly Result Update)

Nov 9, 2018 | Updated on Nov 9, 2018

For the quarter ended September 2018, KIRLOSKAR BROS. has posted a net profit of Rs 200 m (up 8.1% YoY). Sales on the other hand came in at Rs 5 bn (up 12.5% YoY). Read on for a complete analysis of KIRLOSKAR BROS.'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

7 Stocks That Will Remain Evergreen in this Era of Technological Disruption(The 5 Minute Wrapup)

Jun 13, 2019

We are living in an era of disruption. Are your stocks well equipped to adapt to changes that disruption will bring along?

Kenneth Andrade Would Like Our Real Estate Stock Recommendation with Triple Digit Upside(The 5 Minute Wrapup)

Jun 12, 2019

This real estate stock recommended in Smart Money Secrets offers the most favourable upside potential.

Why I Believe Smallcaps Will Catch up to the Sensex(Profit Hunter)

Jun 14, 2019

Smallcaps have gone nowhere even as the Sensex makes new all-time highs. Find out why Richa believes this a good opportunity to invest in smallcaps.

Why Super Investor Kenneth Andrade is Bullish on Agri Stocks...and So Are We(The 5 Minute Wrapup)

Jun 21, 2019

Andrade gives his take on agriculture, an industry from which we have already recommended two stocks.

7 Bluechips to Profit from Tech Disruption(Profit Hunter)

Jun 17, 2019

We are living in an era of disruption. Are your stocks well equipped to adapt to changes that disruption will bring along?

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

KIRLOSKAR BROS. SHARE PRICE


Jun 25, 2019 (Close)

TRACK KIRLOSKAR BROS.

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

MORE ON KIRLOSKAR BROS.

KIRLOSKAR BROS. 5-YR ANALYSIS

COMPARE KIRLOSKAR BROS. WITH

MARKET STATS