SADBHAV ENGINEERING Announces Quarterly Results (3QFY19); Net Profit Down 9.0%

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?  

SADBHAV ENGINEERING Announces Quarterly Results (3QFY19); Net Profit Down 9.0%
Tue, 19 Feb

SADBHAV ENGINEERING has announced its results for the quarter ended December 2018. Here is a detailed performance review of the same:

SADBHAV ENGINEERING Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m9,3516,9069,25534.0%-1.0%
Other incomeRs m746612791.9%72.4%
TurnoverRs m9,4256,9729,38334.6%-0.4%
ExpensesRs m8,2956,0738,14734.2%-1.8%
Gross profitRs m1,0568331,10833.0%4.9%
DepreciationRs m247244241-1.1%-2.2%
InterestRs m2852732916.6%2.0%
Profit before taxRs m59838370383.8%17.6%
TaxRs m-200141
Profit after taxRs m61838356346.9%-9.0%
Gross profit margin%11.312.112.0
Effective tax rate%-3.40.020.0
Net profit margin%6.65.56.0
* 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 1.0% on a year-on-year (YoY) basis. The expenses were down by 1.8% YoY during the same period.
  • The company's operating profit increased by 4.9% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 12.0% in 3QFY19 as against 11.3% in 3QFY18.
  • Depreciation charges declined by 2.2% and finance costs increased by 2.0% YoY, respectively.
  • Other income increased by 72.4% YoY during the quarter.
  • Net profit for the quarter declined by 9.0% YoY. Net profit margins during the quarter declined from 6.6% in 3QFY18 to 6.0% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 34.0% on a quarter-on-quarter (QoQ) basis. The expenses were up by 34.2% QoQ during the same period.
  • The company's operating profit declined by 33.0% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 12.0% in 3QFY19 as against 12.1% in 2QFY18.
  • Net profit for the quarter increased by 46.9% QoQ, while net profit margins increased from 5.5% in 2QFY18 to 6.0% in 3QFY19.

To see how SADBHAV ENGINEERING has performed over the last eight quarters, please visit here.

SADBHAV ENGINEERING Share Price Performance

Over the last one year, SADBHAV ENGINEERING share price has moved up from Rs 393.3 to Rs 166.9, registering a Loss of Rs 226.4 or around 57.6%.

Meanwhile, the S&P BSE CAPITAL GOODS Index is trading at Rs 16,449.8 (up 0.8%). Over the last one year it has moved down from 18,900.9 to 16,449.8, a gain of 2,451 points (down 13.0%).

Overall, the S&P BSE SENSEX is up 5.5% over the year.

Current Valuations

At the current price of Rs 166.9, the price to earnings (P/E) ratio of SADBHAV ENGINEERING stands at 12.6 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.2 times.

Equitymaster requests your view! Post a comment on "SADBHAV ENGINEERING Announces Quarterly Results (3QFY19); Net Profit Down 9.0%". Click here!

  

Related Views on News

SADBHAV ENGINEERING 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 SADBHAV ENGINEERING for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of SADBHAV ENGINEERING. Also includes updates on the valuation of SADBHAV ENGINEERING.

SADBHAV ENGINEERING Announces Quarterly Results (4QFY19); Net Profit Down 58.6% (Quarterly Result Update)

Jun 3, 2019 | Updated on Jun 3, 2019

For the quarter ended March 2019, SADBHAV ENGINEERING has posted a net profit of Rs 289 m (down 58.6% YoY). Sales on the other hand came in at Rs 10 bn (down 7.5% YoY). Read on for a complete analysis of SADBHAV ENGINEERING's quarterly results.

SADBHAV ENGINEERING 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 SADBHAV ENGINEERING for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of SADBHAV ENGINEERING. Also includes updates on the valuation of SADBHAV ENGINEERING.

SADBHAV ENGINEERING Announces Quarterly Results (2QFY19); Net Profit Up 14.3% (Quarterly Result Update)

Nov 15, 2018 | Updated on Nov 15, 2018

For the quarter ended September 2018, SADBHAV ENGINEERING has posted a net profit of Rs 383 m (up 14.3% YoY). Sales on the other hand came in at Rs 7 bn (down 0.4% YoY). Read on for a complete analysis of SADBHAV ENGINEERING'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?

More Views on News

Most Popular

My Latest Stock Recommendation(Fast Profits Daily)

Jan 10, 2020

The story behind my latest stock recommendation and an important announcement.

Bet on These Smallcap Stocks for Success in 2020(Profit Hunter)

Jan 14, 2020

The smallcap rebound finally seems to here... Make sure you aren't too late to make the most of the biggest wealth making opportunity in a decade.

Your Safe Income Options for 2020(Fast Profits Daily)

Jan 9, 2020

What are you safest investing options in 2020 when interest rates fall.

Guess Which Stocks Are Rising at Double the Speed of Sensex(Profit Hunter)

Jan 15, 2020

These stocks can move twice as fast as the Sensex - to take advantage of their money multiplying power get in now as the rally is still just taking shape.. read more to not miss out.

What the Infosys Results Tell Us About the Next Infosys(The 5 Minute Wrapup)

Jan 15, 2020

If you're interested in the next Infosys, I'll tell you where to look.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get our special report, Secret to Increasing Your Trading Profits Today Now!
We will never sell or rent your email id.
Please read our Terms

SADBHAV ENGINEERING SHARE PRICE


Jan 22, 2020 (Close)

TRACK SADBHAV ENGINEERING

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

MORE ON SADBHAV ENGINEERING

SADBHAV ENGINEERING - ABB COMPARISON

COMPARE SADBHAV ENGINEERING WITH

MARKET STATS