MUNJAL SHOWA Announces Quarterly Results (3QFY20); Net Profit Down 59.5%

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?  

MUNJAL SHOWA Announces Quarterly Results (3QFY20); Net Profit Down 59.5%
Thu, 30 Jan

MUNJAL SHOWA has announced its results for the quarter ended December 2019. Here is a detailed performance review of the same:

MUNJAL SHOWA Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-18*
3
Sep-19*
3
Dec-19*
QoQ ChangeYoY Change
Net SalesRs m3,8403,5222,981-15.4%-22.4%
Other incomeRs m606054-11.4%-10.5%
TurnoverRs m3,8993,5823,034-15.3%-22.2%
ExpensesRs m3,6683,3882,914-14.0%-20.6%
Gross profitRs m17213467-50.1%-61.0%
DepreciationRs m645149-2.4%-23.1%
InterestRs m013262.2%1024.1%
Profit before taxRs m16714368-52.6%-59.4%
TaxRs m452818-35.6%-59.0%
Profit after taxRs m12211550-56.8%-59.5%
Gross profit margin%4.53.82.2
Effective tax rate%26.719.826.9
Net profit margin%3.13.21.6
* 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 22.4% on a year-on-year (YoY) basis. The expenses were down by 20.6% YoY during the same period.
  • The company's operating profit declined by 61.0% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 2.2% in 3QFY20 as against 4.5% in 3QFY19.
  • Depreciation charges declined by 23.1% and finance costs increased by 1024.1% YoY, respectively.
  • Other income declined by 10.5% YoY during the quarter.
  • Net profit for the quarter declined by 59.5% YoY. Net profit margins during the quarter declined from 3.1% in 3QFY19 to 1.6% in 3QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 15.4% on a quarter-on-quarter (QoQ) basis. The expenses were down by 14.0% QoQ during the same period.
  • The company's operating profit declined by 50.1% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 2.2% in 3QFY20 as against 3.8% in 2QFY19.
  • Net profit for the quarter declined by 56.8% QoQ, while net profit margins declined from 3.2% in 2QFY19 to 1.6% in 3QFY20.

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

REVEALED: How to Potentially Increase Your Monthly Income Without Working 24x7

MUNJAL SHOWA Share Price Performance

Over the last one year,MUNJAL SHOWA share price has moved down from Rs 172.0 to Rs 126.0, registering a Loss of Rs 46.0 or around 26.7%.

Overall, the S&P BSE SENSEX is up 15.2% over the year.

Current Valuations

At the current price of Rs 126.0, the price to earnings (P/E) ratio of MUNJAL SHOWA stands at 10.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.8 times.

Equitymaster requests your view! Post a comment on "MUNJAL SHOWA Announces Quarterly Results (3QFY20); Net Profit Down 59.5%". Click here!

  

Related Views on News

MUNJAL SHOWA Announces Quarterly Results (2QFY20); Net Profit Down 39.8% (Quarterly Result Update)

Nov 12, 2019 | Updated on Nov 12, 2019

For the quarter ended September 2019, MUNJAL SHOWA has posted a net profit of Rs 115 m (down 39.8% YoY). Sales on the other hand came in at Rs 4 bn (down 24.4% YoY). Read on for a complete analysis of MUNJAL SHOWA's quarterly results.

MUNJAL SHOWA 2018-19 Annual Report Analysis (Annual Result Update)

Sep 16, 2019 | Updated on Sep 16, 2019

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

MUNJAL SHOWA Announces Quarterly Results (1QFY20); Net Profit Down 9.4% (Quarterly Result Update)

Aug 2, 2019 | Updated on Aug 2, 2019

For the quarter ended June 2019, MUNJAL SHOWA has posted a net profit of Rs 157 m (down 9.4% YoY). Sales on the other hand came in at Rs 4 bn (down 12.3% YoY). Read on for a complete analysis of MUNJAL SHOWA's quarterly results.

More Views on News

Most Popular

Not Infosys or Wipro. India's Next Wealth Creators Could Be Drone Stocks(Profit Hunter)

Nov 25, 2020

India's drones directorate signals the next big defence tech multibaggers.

It's Time to Book Profits(Fast Profits Daily)

Nov 27, 2020

In my first video on Equitymaster, I want to introduce you my proprietary greed and fear index. It's telling us to book some profits in the market.

How the New Margins Will Impact You(Fast Profits Daily)

Nov 25, 2020

The new rules on margins will come into effect from 1st December. Are you ready?

Create Wealth for Yourself in India's Drone Revolution(Profit Hunter)

Nov 27, 2020

The Chinese drone market is 14 times that of India's. Billions may flow into Indian drone companies too. Don't miss out on this wealth creating opportunity.

The Price of Dying, the Cost of Living(The Honest Truth)

Nov 20, 2020

Ajit Dayal presents a cost benefit analysis of the various types of response to covid around the world.

More

Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

MUNJAL SHOWA SHARE PRICE


Dec 3, 2020 (Close)

TRACK MUNJAL SHOWA

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

MUNJAL SHOWA 8-QTR ANALYSIS

COMPARE MUNJAL SHOWA WITH

MARKET STATS