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- MOTHERSON SUMI Announces Quarterly Results (1QFY20); Net Profit Down 41.6%
MOTHERSON SUMI Announces Quarterly Results (1QFY20); Net Profit Down 41.6%
Fri, 16 Aug
MOTHERSON SUMI has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:
MOTHERSON SUMI Quarterly Financials
| No. of Mths Qtr. Ending | 3 Jun-18* | 3 Mar-19* | 3 Jun-19* | QoQ Change | YoY Change | |
|---|---|---|---|---|---|---|
| Net Sales | Rs m | 147,755 | 171,695 | 167,925 | -2.2% | 13.7% |
| Other income | Rs m | 447 | 682 | 547 | -19.7% | 22.5% |
| Turnover | Rs m | 148,201 | 172,376 | 168,473 | -2.3% | 13.7% |
| Expenses | Rs m | 134,458 | 159,267 | 156,218 | -1.9% | 16.2% |
| Gross profit | Rs m | 13,297 | 12,639 | 11,707 | -7.4% | -12.0% |
| Depreciation | Rs m | 3,646 | 5,518 | 5,522 | 0.1% | 51.5% |
| Interest | Rs m | 1,005 | 1,030 | 1,559 | 51.4% | 55.2% |
| Profit before tax | Rs m | 9,093 | 6,773 | 5,173 | -23.6% | -43.1% |
| Tax | Rs m | 3,273 | 2,479 | 1,774 | -28.5% | -45.8% |
| Profit after tax | Rs m | 5,820 | 4,293 | 3,399 | -20.8% | -41.6% |
| Gross profit margin | % | 9.0 | 7.4 | 7.0 | ||
| Effective tax rate | % | 36.0 | 36.6 | 34.3 | ||
| Net profit margin | % | 3.9 | 2.5 | 2.0 |
Interim results exclude extraordinary / exceptional items
Year-on-Year Performance:
- The company's operating income during the quarter grew 13.7% on a year-on-year (YoY) basis. The expenses were up by 16.2% YoY during the same period.
- The company's operating profit declined by 12.0% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 7.0% in 1QFY20 as against 9.0% in 1QFY19.
- Depreciation charges increased by 51.5% and finance costs increased by 55.2% YoY, respectively.
- Other income increased by 22.5% YoY during the quarter.
- Net profit for the quarter declined by 41.6% YoY. Net profit margins during the quarter declined from 3.9% in 1QFY19 to 2.0% in 1QFY20.
Quarter-on-Quarter Performance:
- The company's operating income during the quarter fell 2.2% on a quarter-on-quarter (QoQ) basis. The expenses were down by 1.9% QoQ during the same period.
- The company's operating profit declined by 7.4% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 7.0% in 1QFY20 as against 7.4% in 4QFY19.
- Net profit for the quarter declined by 20.8% QoQ, while net profit margins declined from 2.5% in 4QFY19 to 2.0% in 1QFY20.
To see how MOTHERSON SUMI has performed over the last eight quarters,please visit here.
MOTHERSON SUMI Share Price Performance
Over the last one year,MOTHERSON SUMI share price has moved down from Rs 200.3 to Rs 98.7, registering a Loss of Rs 101.7 or around 50.8%.
Overall, the S&P BSE SENSEX is down 1.4% over the year.
Current Valuations
At the current price of Rs 98.7, the price to earnings (P/E) ratio of MOTHERSON SUMI stands at 17.7 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.8 times.
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MOTHERSON SUMI 2018-19 Annual Report Analysis (Annual Result Update)
Aug 1, 2019 | Updated on Aug 1, 2019Here's an analysis of the annual report of MOTHERSON SUMI for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of MOTHERSON SUMI. Also includes updates on the valuation of MOTHERSON SUMI.
MOTHERSON SUMI Announces Quarterly Results (4QFY19); Net Profit Down 43.3% (Quarterly Result Update)
May 29, 2019 | Updated on May 29, 2019For the quarter ended March 2019, MOTHERSON SUMI has posted a net profit of Rs 4 bn (down 43.3% YoY). Sales on the other hand came in at Rs 172 bn (up 11.4% YoY). Read on for a complete analysis of MOTHERSON SUMI's quarterly results.
MOTHERSON SUMI Announces Quarterly Results (3QFY19); Net Profit Up 0.3% (Quarterly Result Update)
Feb 15, 2019 | Updated on Feb 15, 2019For the quarter ended December 2018, MOTHERSON SUMI has posted a net profit of Rs 5 bn (up 0.3% YoY). Sales on the other hand came in at Rs 165 bn (up 14.4% YoY). Read on for a complete analysis of MOTHERSON SUMI's quarterly results.
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Aug 24, 2018 | Updated on Aug 24, 2018Here's an analysis of the annual report of MOTHERSON SUMI for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of MOTHERSON SUMI. Also includes updates on the valuation of MOTHERSON SUMI.
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