MARUTI SUZUKI Announces Quarterly Results (3QFY19); Net Profit Down 17.2%

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 (3QFY19); Net Profit Down 17.2%
Mon, 28 Jan

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

MARUTI SUZUKI Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m192,832224,332196,683-12.3%2.0%
Other incomeRs m2,4495,2669,17374.2%274.6%
TurnoverRs m195,281229,598205,856-10.3%5.4%
ExpensesRs m162,454190,019177,372-6.7%9.2%
Gross profitRs m30,37834,31319,311-43.7%-36.4%
DepreciationRs m6,8907,2127,6776.4%11.4%
InterestRs m263257206-19.8%-21.7%
Profit before taxRs m25,67432,11020,601-35.8%-19.8%
TaxRs m7,6849,7065,708-41.2%-25.7%
Profit after taxRs m17,99022,40414,893-33.5%-17.2%
Gross profit margin%15.815.39.8
Effective tax rate%29.930.227.7
Net profit margin%9.29.87.2
* 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 2.0% on a year-on-year (YoY) basis. The expenses were up by 9.2% YoY during the same period.
  • The company's operating profit declined by 36.4% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 9.8% in 3QFY19 as against 15.8% in 3QFY18.
  • Depreciation charges increased by 11.4% and finance costs declined by 21.7% YoY, respectively.
  • Other income increased by 274.6% YoY during the quarter.
  • Net profit for the quarter declined by 17.2% YoY. Net profit margins during the quarter declined from 9.2% in 3QFY18 to 7.2% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 12.3% on a quarter-on-quarter (QoQ) basis. The expenses were down by 6.7% QoQ during the same period.
  • The company's operating profit declined by 43.7% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 9.8% in 3QFY19 as against 15.3% in 2QFY18.
  • Net profit for the quarter declined by 33.5% QoQ, while net profit margins declined from 9.8% in 2QFY18 to 7.2% in 3QFY19.

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 up from Rs 9,277.2 to Rs 6,405.1, registering a Loss of Rs 2,872.2 or around 31.0%.

Meanwhile, the S&P BSE AUTO Index is trading at Rs 18,313.3 (down 1.7%). Over the last one year it has moved down from 25,670.0 to 18,313.3, a gain of 7,357 points (down 28.7%).

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

Current Valuations

At the current price of Rs 6,405.1, the price to earnings (P/E) ratio of MARUTI SUZUKI stands at 25.5 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 4.5 times.

Equitymaster requests your view! Post a comment on "MARUTI SUZUKI Announces Quarterly Results (3QFY19); Net Profit Down 17.2%". Click here!

  

Related Views on News

MARUTI SUZUKI Announces Quarterly Results (4QFY20); Net Profit Down 28.1% (Quarterly Result Update)

May 14, 2020 | Updated on May 14, 2020

For the quarter ended March 2020, MARUTI SUZUKI has posted a net profit of Rs 13 bn (down 28.1% YoY). Sales on the other hand came in at Rs 182 bn (down 15.2% YoY). Read on for a complete analysis of MARUTI SUZUKI's quarterly results.

MARUTI SUZUKI Announces Quarterly Results (3QFY20); Net Profit Up 5.1% (Quarterly Result Update)

Jan 29, 2020 | Updated on Jan 29, 2020

For the quarter ended December 2019, MARUTI SUZUKI has posted a net profit of Rs 16 bn (up 5.1% YoY). Sales on the other hand came in at Rs 207 bn (up 5.3% 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.

More Views on News

Most Popular

6 Charts Showing the State of Indian Financial Markets in 2020(Sector Info)

May 26, 2020

Six charts showing how Indian financial markets have performed in 2020 so far...

What the RBI's Rate Cut Means for Options Traders(Fast Profits Daily)

May 25, 2020

The RBI governor has cut the repo rate to 4%. What does this mean for options traders? Find out in this video.

Which Stocks Should You Buy, Sell, and Hold in the Market Today?(Profit Hunter)

May 21, 2020

The coronavirus led uncertainty refuses to go away from the markets. Here's what retail investors should do with their stocks...

Why We Picked This Smallcap Stock for a Post Coronavirus World(Profit Hunter)

May 28, 2020

Covid-19 has made it a survival of the fittest race for many companies. The ones that can adapt will thrive in a post crisis world.

More

India's #1 Trader
Reveals His Secrets

The 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

MARUTI SUZUKI SHARE PRICE


Jun 2, 2020 (Close)

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 - FORD COMPARISON

COMPARE MARUTI SUZUKI WITH

MARKET STATS