MOTHERSON SUMI Announces Quarterly Results (1QFY20); Net Profit Down 41.6%

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?  

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 ChangeYoY Change
Net SalesRs m147,755171,695167,925-2.2%13.7%
Other incomeRs m447682547-19.7%22.5%
TurnoverRs m148,201172,376168,473-2.3%13.7%
ExpensesRs m134,458159,267156,218-1.9%16.2%
Gross profitRs m13,29712,63911,707-7.4%-12.0%
DepreciationRs m3,6465,5185,5220.1%51.5%
InterestRs m1,0051,0301,55951.4%55.2%
Profit before taxRs m9,0936,7735,173-23.6%-43.1%
TaxRs m3,2732,4791,774-28.5%-45.8%
Profit after taxRs m5,8204,2933,399-20.8%-41.6%
Gross profit margin%9.07.47.0
Effective tax rate%36.036.634.3
Net profit margin%3.92.52.0
* 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 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.

Equitymaster requests your view! Post a comment on "MOTHERSON SUMI Announces Quarterly Results (1QFY20); Net Profit Down 41.6%". Click here!

  

Related Views on News

MOTHERSON SUMI 2018-19 Annual Report Analysis (Annual Result Update)

Aug 1, 2019 | Updated on Aug 1, 2019

Here'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, 2019

For 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, 2019

For 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.

MOTHERSON SUMI 2017-18 Annual Report Analysis (Annual Result Update)

Aug 24, 2018 | Updated on Aug 24, 2018

Here'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.

Sandhar Technologies IPO: Worth Betting on This Automotive Component Manufacturer? (IPO)

Mar 17, 2018

Should you subscribe to the IPO of Sandhar Technologies Ltd?

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.

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.

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.

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

MOTHERSON SUMI SHARE PRICE


Sep 19, 2019 (Close)

TRACK MOTHERSON SUMI

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

MORE ON MOTHERSON SUMI

MOTHERSON SUMI - SCHAEFFLER INDIA LTD COMPARISON

COMPARE MOTHERSON SUMI WITH

MARKET STATS