SWELECT ENERGY SYSTEMS Announces Quarterly Results (4QFY18); Net Profit Down 54.7%

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 (4QFY18); Net Profit Down 54.7%
Mon, 11 Jun

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

SWELECT ENERGY SYSTEMS Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-17*
3
Dec-17*
3
Mar-18*
QoQ ChangeYoY Change
Net SalesRs m8454294607.3%-45.6%
Other incomeRs m738510017.7%37.3%
TurnoverRs m9185135609.0%-39.0%
ExpensesRs m6963824199.6%-39.9%
Gross profitRs m1494741-11.7%-72.3%
DepreciationRs m32304757.1%47.1%
InterestRs m1315168.9%18.9%
Profit before taxRs m1768778-10.2%-55.6%
TaxRs m462019-5.9%-58.0%
Profit after taxRs m1306759-11.5%-54.7%
Gross profit margin%17.610.99.0
Effective tax rate%26.123.524.6
Net profit margin%14.213.010.5
* 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 45.6% on a year-on-year (YoY) basis. The expenses were down by 39.9% YoY during the same period.
  • The company's operating profit declined by 72.3% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 9.0% in 4QFY18 as against 17.6% in 4QFY17.
  • Depreciation charges and finance costs increased by 47.1% YoY and 18.9% YoY, respectively.
  • Other income increased by 37.3% YoY during the quarter.
  • Net profit for the quarter declined by 54.7% YoY. Net profit margins during the quarter declined from 14.2% in 4QFY17 to 10.5% in 4QFY18.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 7.3% on a quarter-on-quarter (QoQ) basis. The expenses were up by 9.6% QoQ during the same period.
  • The company's operating profit increased by 11.7% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 9.0% in 4QFY18 as against 10.9% in 3QFY17.
  • Net profit for the quarter declined by 11.5% QoQ, while net profit margins declined from 13.1% in 3QFY17 to 10.5% in 4QFY18.

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 475.6 to Rs 334.0, registering a Loss of Rs -141.6 or around 29.8%.

Meanwhile, the S&P BSE CAPITAL GOODS Index is trading at Rs 18,623.9 (up 0.7%). Over the last one year it has moved up from 17,703.3 to 18,623.9, a gain of 920.6 points (up 5.2%).

Overall, the S&P BSE SENSEX is up 0.4% over the year.

Current Valuations

At the current price of Rs 334.0, the price to earnings (P/E) ratio of SWELECT ENERGY SYSTEMS stands at 14.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.5 times.

Equitymaster requests your view! Post a comment on "SWELECT ENERGY SYSTEMS Announces Quarterly Results (4QFY18); Net Profit Down 54.7%". Click here!

  

Related Views on News

SWELECT ENERGY SYSTEMS Announces Quarterly Results (3QFY20); Net Profit Down 27.0% (Quarterly Result Update)

Feb 17, 2020 | Updated on Feb 17, 2020

For the quarter ended December 2019, SWELECT ENERGY SYSTEMS has posted a net profit of Rs 28 m (down 27.0% YoY). Sales on the other hand came in at Rs 388 m (up 81.4% YoY). Read on for a complete analysis of SWELECT ENERGY SYSTEMS's quarterly results.

SWELECT ENERGY SYSTEMS 2018-19 Annual Report Analysis (Annual Result Update)

Sep 19, 2019 | Updated on Sep 19, 2019

Here's an analysis of the annual report of SWELECT ENERGY SYSTEMS for 2018-19. 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 (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.

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?

More Views on News

Most Popular

How to Find the Best Stocks for Day Trading - 1(Fast Profits Daily)

Jul 2, 2020

In the first of two videos, I'll show you how to identify the best stocks for intraday trading.

Be Prepared to Profit from the Coming Crash in Oil Prices(Fast Profits Daily)

Jun 25, 2020

The stability in crude oil prices will not last much longer. Be ready to make fast profits when the time comes to short crude.

Tata Motors Tripled in 18 Months but You Can Do Even Better. Here's How...(Profit Hunter)

Jun 24, 2020

Rahul is ready for a repeat of his famous 2008 Tata Motors call.

Two Agri Stocks Are Likely to Outperform Even in this Market(Profit Hunter)

Jul 2, 2020

Why we have recommended two agriculture stocks for our Hidden Treasure subscribers. Read on...

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

SWELECT ENERGY SYSTEMS SHARE PRICE


Jul 3, 2020 (Close)

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 - SHANGHAI ELEC. COMPARISON

COMPARE SWELECT ENERGY SYSTEMS WITH

MARKET STATS