MARUTI SUZUKI Announces Quarterly Results (1QFY20); Net Profit Down 27.3%

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?  

MARUTI SUZUKI Announces Quarterly Results (1QFY20); Net Profit Down 27.3%
Mon, 29 Jul

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

MARUTI SUZUKI Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m224,594214,594197,198-8.1%-12.2%
Other incomeRs m2,7188,6778,364-3.6%207.7%
TurnoverRs m227,312223,271205,562-7.9%-9.6%
ExpensesRs m191,083191,960176,720-7.9%-7.5%
Gross profitRs m33,51122,63420,478-9.5%-38.9%
DepreciationRs m7,1988,1029,18613.4%27.6%
InterestRs m20788547521.6%164.3%
Profit before taxRs m28,82423,12119,109-17.4%-33.7%
TaxRs m9,0715,1654,754-8.0%-47.6%
Profit after taxRs m19,75317,95614,355-20.1%-27.3%
Gross profit margin%14.910.510.4
Effective tax rate%31.522.324.9
Net profit margin%8.78.07.0
* 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 12.2% on a year-on-year (YoY) basis. The expenses were down by 7.5% YoY during the same period.
  • The company's operating profit declined by 38.9% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 10.4% in 1QFY20 as against 14.9% in 1QFY19.
  • Depreciation charges increased by 27.6% and finance costs increased by 164.3% YoY, respectively.
  • Other income increased by 207.7% YoY during the quarter.
  • Net profit for the quarter declined by 27.3% YoY. Net profit margins during the quarter declined from 8.7% in 1QFY19 to 7.0% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 8.1% on a quarter-on-quarter (QoQ) basis. The expenses were down by 7.9% QoQ during the same period.
  • The company's operating profit declined by 9.5% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 10.4% in 1QFY20 as against 10.5% in 4QFY19.
  • Net profit for the quarter declined by 20.1% QoQ, while net profit margins declined from 8.0% in 4QFY19 to 7.0% in 1QFY20.

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

MARUTI SUZUKI Share Price Performance

Over the last one year,MARUTI SUZUKI share price has moved down from Rs 9,315.5 to Rs 5,619.0, registering a Loss of Rs 3,696.5 or around 39.7%.

Meanwhile, the S&P BSE AUTO Index is trading at Rs 15,711.1 (down 2.9%). Over the last one year it has moved down from 24,269.3 to 15,711.1, a gain of 8,558 points (down 35.3%).

Overall, the S&P BSE SENSEX is up 2.3% over the year.

Current Valuations

At the current price of Rs 5,619.0, the price to earnings (P/E) ratio of MARUTI SUZUKI stands at 24.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 4.0 times.

Equitymaster requests your view! Post a comment on "MARUTI SUZUKI Announces Quarterly Results (1QFY20); Net Profit Down 27.3%". Click here!

  

Related Views on News

MARUTI SUZUKI Announces Quarterly Results (2QFY20); Net Profit Down 39.4% (Quarterly Result Update)

Oct 29, 2019 | Updated on Oct 29, 2019

For the quarter ended September 2019, MARUTI SUZUKI has posted a net profit of Rs 14 bn (down 39.4% YoY). Sales on the other hand came in at Rs 170 bn (down 24.3% YoY). Read on for a complete analysis of MARUTI SUZUKI's quarterly results.

MARUTI SUZUKI 2018-19 Annual Report Analysis (Annual Result Update)

Aug 6, 2019 | Updated on Aug 6, 2019

Here's an analysis of the annual report of MARUTI SUZUKI for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of MARUTI SUZUKI. Also includes updates on the valuation of MARUTI SUZUKI.

MARUTI SUZUKI Announces Quarterly Results (4QFY19); Net Profit Down 4.6% (Quarterly Result Update)

Apr 26, 2019 | Updated on Apr 26, 2019

For the quarter ended March 2019, MARUTI SUZUKI has posted a net profit of Rs 18 bn (down 4.6% YoY). Sales on the other hand came in at Rs 215 bn (up 1.4% YoY). Read on for a complete analysis of MARUTI SUZUKI's quarterly results.

More Views on News

Most Popular

How to Buy the Best Safe Stocks in 2020(The 5 Minute Wrapup)

Jan 17, 2020

Don't fall for the safe stocks narrative going around in the stock market these days.

Guess Which Stocks Are Rising at Double the Speed of Sensex(Profit Hunter)

Jan 15, 2020

These stocks can move twice as fast as the Sensex - to take advantage of their money multiplying power get in now as the rally is still just taking shape.. read more to not miss out.

For 1,000%+ Gains, Follow the 8-Year Cycle in the Stock Market(Fast Profits Daily)

Jan 17, 2020

This is how the biggest trading profits are made.

What the Infosys Results Tell Us About the Next Infosys(The 5 Minute Wrapup)

Jan 15, 2020

If you're interested in the next Infosys, I'll tell you where to look.

The Best Asset Class to Invest in 2020(Fast Profits Daily)

Jan 24, 2020

Why I'm most bullish on this asset class above all else in 2020.

More

India's #1 Trader
Reveals His Secrets

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

MARUTI SUZUKI SHARE PRICE


Jan 28, 2020 09:47 AM

TRACK MARUTI SUZUKI

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

MARUTI SUZUKI 8-QTR ANALYSIS

COMPARE MARUTI SUZUKI WITH

MARKET STATS