MPS Announces Quarterly Results (1QFY20); Net Profit Up 0.7%

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?  

MPS Announces Quarterly Results (1QFY20); Net Profit Up 0.7%
Mon, 29 Jul

MPS has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

MPS Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m721903836-7.4%15.9%
Other incomeRs m4112257-53.3%37.9%
TurnoverRs m7631,024893-12.8%17.1%
ExpensesRs m529675633-6.3%19.7%
Gross profitRs m193228204-10.5%5.7%
DepreciationRs m21273942.1%85.1%
InterestRs m015278.6%2550.0%
Profit before taxRs m213321217-32.4%1.7%
TaxRs m609563-33.6%4.5%
Profit after taxRs m153226154-31.9%0.7%
Gross profit margin%26.725.224.4
Effective tax rate%28.329.529.0
Net profit margin%20.022.117.2
* 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 15.9% on a year-on-year (YoY) basis. The expenses were up by 19.7% YoY during the same period.
  • The company's operating profit increased by 5.7% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 24.4% in 1QFY20 as against 26.7% in 1QFY19.
  • Depreciation charges increased by 85.1% and finance costs increased by 2550.0% YoY, respectively.
  • Other income increased by 37.9% YoY during the quarter.
  • Net profit for the quarter increased by 0.7% YoY. Net profit margins during the quarter declined from 20.0% in 1QFY19 to 17.2% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 7.4% on a quarter-on-quarter (QoQ) basis. The expenses were down by 6.3% QoQ during the same period.
  • The company's operating profit declined by 10.5% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 24.4% in 1QFY20 as against 25.2% in 4QFY19.
  • Net profit for the quarter declined by 31.9% QoQ, while net profit margins declined from 22.1% in 4QFY19 to 17.2% in 1QFY20.

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

MPS Share Price Performance

Over the last one year,MPS share price has moved down from Rs 536.6 to Rs 477.8, registering a Loss of Rs 58.8 or around 11.0%.

Overall, the S&P BSE SENSEX is up 1.7% over the year.

Current Valuations

At the current price of Rs 477.8, the price to earnings (P/E) ratio of MPS stands at 11.7 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.1 times.

Equitymaster requests your view! Post a comment on "MPS Announces Quarterly Results (1QFY20); Net Profit Up 0.7%". Click here!

  

Related Views on News

MPS Announces Quarterly Results (4QFY19); Net Profit Up 49.1% (Quarterly Result Update)

May 21, 2019 | Updated on May 21, 2019

For the quarter ended March 2019, MPS has posted a net profit of Rs 226 m (up 49.1% YoY). Sales on the other hand came in at Rs 903 m (up 42.0% YoY). Read on for a complete analysis of MPS's quarterly results.

MPS LTD Announces Quarterly Results (3QFY19); Net Profit Up 10.9% (Quarterly Result Update)

Jan 21, 2019 | Updated on Jan 21, 2019

For the quarter ended December 2018, MPS LTD has posted a net profit of Rs 195 m (up 10.9% YoY). Sales on the other hand came in at Rs 995 m (up 46.6% YoY). Read on for a complete analysis of MPS LTD's quarterly results.

MSTC IPO: Should You Bet on This State-Run E-Commerce Player? (IPO)

Mar 13, 2019

Should you subscribe to the IPO of MSPC Limited?

Hindustan Aeronautics IPO: Yet Another Play on India's Defence Sector (IPO)

Mar 14, 2018

Should you apply for the IPO of state-run military aircraft maker Hindustan Aeronautics?

Bharat Dynamics IPO: Worth Betting on Defence Manufacturing? (IPO)

Mar 12, 2018

Should you apply for the IPO of Bharat Dynamics, India's first state-owned missile manufacturer?

More Views on News

Most Popular

Buy these 7 Stocks if You Believe in India(The 5 Minute Wrapup)

Sep 12, 2019

News headlines predict gloom and doom for India these days. You should ignore them.

A Recession Proof Stock You Can Bet On(Profit Hunter)

Sep 10, 2019

Usually, the typical horizon period for my smallcap recommendations is 3 to 5 years. But if you ask me, this could be one business that you could own and pass on to future generations.

This Company Will Do Well Despite the Slowdown(The 5 Minute Wrapup)

Sep 11, 2019

How financial inclusion provides a big runway for this stock recommendation.

A Rare Opportunity to Buy the Top 5 Stocks in the Market(The 5 Minute Wrapup)

Sep 16, 2019

The stock market today is throwing up a great opportunity to pile on quality stocks.

The 5 Best Trading Opportunities I've Spotted(Profit Hunter)

Sep 13, 2019

These 10 auto stocks should be in your watchlist for the next 32 months. Paste them on your workstation NOW.

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

MPS SHARE PRICE


Sep 18, 2019 (Close)

TRACK MPS

COMPARE MPS WITH

MARKET STATS