X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
SWELECT ENERGY SYSTEMS Announces Quarterly Results (2QFY19); Net Profit Down 109.5%

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?  

SWELECT ENERGY SYSTEMS Announces Quarterly Results (2QFY19); Net Profit Down 109.5%
Mon, 19 Nov

SWELECT ENERGY SYSTEMS has announced its results for the quarter ended September 2018. Here is a detailed performance review of the same:

SWELECT ENERGY SYSTEMS Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m472561258-54.1%-45.4%
Other incomeRs m462091358.9%100.4%
TurnoverRs m518581349-39.9%-32.6%
ExpensesRs m426486302-38.0%-29.2%
Gross profitRs m4675-41-154.2%-187.8%
DepreciationRs m29273321.2%12.8%
InterestRs m141918-4.9%27.3%
Profit before taxRs m4849-1-101.1%-101.1%
TaxRs m12123-76.2%-76.1%
Profit after taxRs m3637-3-109.4%-109.5%
Gross profit margin%9.813.4-15.8
Effective tax rate%25.225.1-550.9
Net profit margin%7.06.3-1.0
* 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 45.4% on a year-on-year (YoY) basis. The expenses were down by 29.2% YoY during the same period.
  • The company's operating profit declined by 187.8% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 15.8% in 2QFY19 as against 9.8% in 2QFY18.
  • Depreciation charges increased by 12.8% and finance costs increased by 27.3% YoY, respectively.
  • Other income increased by 100.4% YoY during the quarter.
  • Net profit for the quarter declined by 109.5% YoY. Net profit margins during the quarter declined from 7.0% in 2QFY18 to -1.0% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 54.1% on a quarter-on-quarter (QoQ) basis. The expenses were down by 38.0% QoQ during the same period.
  • The company's operating profit declined by 154.2% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 15.8% in 2QFY19 as against 13.4% in 1QFY18.
  • Net profit for the quarter declined by 109.4% QoQ, while net profit margins declined from 6.4% in 1QFY18 to -1.0% in 2QFY19.

To see how SWELECT ENERGY SYSTEMS has performed over the last eight quarters, please visit here.

SWELECT ENERGY SYSTEMS Share Price Performance

Over the last one year, SWELECT ENERGY SYSTEMS share price has moved up from Rs 456.5 to Rs 270.0, registering a Loss of Rs 186.5 or around 40.9%.

Meanwhile, the S&P BSE CAPITAL GOODS Index is trading at Rs 18,448.4 (up 0.2%). Over the last one year it has moved up from 18,236.0 to 18,448.4, a gain of 212 points (up 1.2%).

Overall, the S&P BSE SENSEX is up 7.4% over the year.

Current Valuations

At the current price of Rs 270.0, the price to earnings (P/E) ratio of SWELECT ENERGY SYSTEMS stands at 17.2 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.4 times.

Equitymaster requests your view! Post a comment on "SWELECT ENERGY SYSTEMS Announces Quarterly Results (2QFY19); Net Profit Down 109.5%". Click here!

  

Related Views on News

SWELECT ENERGY SYSTEMS Announces Quarterly Results (3QFY19); Net Profit Down 42.1% (Quarterly Result Update)

Feb 15, 2019 | Updated on Feb 15, 2019

For the quarter ended December 2018, SWELECT ENERGY SYSTEMS has posted a net profit of Rs 39 m (down 42.1% YoY). Sales on the other hand came in at Rs 214 m (down 50.0% YoY). Read on for a complete analysis of SWELECT ENERGY SYSTEMS's quarterly results.

SWELECT ENERGY SYSTEMS 2017-18 Annual Report Analysis (Annual Result Update)

Dec 18, 2018 | Updated on Dec 18, 2018

Here's an analysis of the annual report of SWELECT ENERGY SYSTEMS for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of SWELECT ENERGY SYSTEMS. Also includes updates on the valuation of SWELECT ENERGY SYSTEMS.

SWELECT ENERGY SYSTEMS Announces Quarterly Results (1QFY19); Net Profit Down 50.0% (Quarterly Result Update)

Aug 10, 2018 | Updated on Aug 10, 2018

For the quarter ended June 2018, SWELECT ENERGY SYSTEMS has posted a net profit of Rs 37 m (down 50.0% YoY). Sales on the other hand came in at Rs 561 m (up 18.2% YoY). Read on for a complete analysis of SWELECT ENERGY SYSTEMS's quarterly results.

Garden Reach Shipbuilders and Engineers Ltd: Is This PSU Shipbuilder Worth Betting On? (IPO)

Sep 24, 2018

Should you apply for the IPO of Garden Reach Shipbuilders and Engineers Ltd?

H.G Infra Engineering Ltd. (IPO)

Feb 24, 2018

Should you subscribe to the IPO of H.G Infra Engineering Ltd.?

More Views on News

Most Popular

These 3 Smallcap Stocks are Set to Make the Most of Smallcap Rebound(Profit Hunter)

Jul 9, 2019

As the sense of normalcy returns to the markets, the rebound in the quality smallcaps could be huge.

2 Stocks from Super Investor Sanjay Bakshi's Portfolio You Can Bet On...(The 5 Minute Wrapup)

Jul 12, 2019

Despite the current fear prevailing in the markets, both these stocks have the potential to deliver in 4-5 years.

The Electric Vehicle Disruption is Great News for this Smallcap Stock(Profit Hunter)

Jul 15, 2019

While big auto makers are finding the transition difficult and crying foul, this small cap company is already leading and benefitting from the electric vehicle disruption in the auto sector.

7 Stocks to Profit From an Irreversible Trend(The 5 Minute Wrapup)

Jul 18, 2019

Credit growth is likely to accelerate in India in the next decade. Here's how you can benefit from this megatrend.

Budget an Icing on the Cake for This Smart Money Backed Affordable Housing Stock(The 5 Minute Wrapup)

Jul 10, 2019

Affordable housing is one of the most straightforward growth stories in India. This will help the real estate sector to come out of the slump.

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

SWELECT ENERGY SYSTEMS SHARE PRICE


Jul 22, 2019 12:55 PM

TRACK SWELECT ENERGY SYSTEMS

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

MORE ON SWELECT ENERGY SYSTEMS

SWELECT ENERGY SYSTEMS - ANSALDO STS COMPARISON

COMPARE SWELECT ENERGY SYSTEMS WITH

MARKET STATS