SUPRAJIT ENGG Announces Quarterly Results (2QFY19); Net Profit Down 9.9%

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?  

SUPRAJIT ENGG Announces Quarterly Results (2QFY19); Net Profit Down 9.9%
Tue, 27 Nov

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

SUPRAJIT ENGG Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m2,4072,3603,91465.8%62.6%
Other incomeRs m426230-51.9%-30.1%
TurnoverRs m2,4492,4223,94462.8%61.0%
ExpensesRs m1,9621,9433,38374.1%72.4%
Gross profitRs m44441753127.4%19.6%
DepreciationRs m4650101104.7%122.6%
InterestRs m49426350.5%30.5%
Profit before taxRs m3933873962.3%0.9%
TaxRs m12512615523.5%23.9%
Profit after taxRs m267261241-7.9%-9.9%
Gross profit margin%18.517.713.6
Effective tax rate%32.032.539.2
Net profit margin%10.910.86.1
* 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 62.6% on a year-on-year (YoY) basis. The expenses were up by 72.4% YoY during the same period.
  • The company's operating profit increased by 19.6% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 13.6% in 2QFY19 as against 18.5% in 2QFY18.
  • Depreciation charges increased by 122.6% and finance costs increased by 30.5% YoY, respectively.
  • Other income declined by 30.1% YoY during the quarter.
  • Net profit for the quarter declined by 9.9% YoY. Net profit margins during the quarter declined from 10.9% in 2QFY18 to 6.1% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 65.8% on a quarter-on-quarter (QoQ) basis. The expenses were up by 74.1% QoQ during the same period.
  • The company's operating profit declined by 27.4% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 13.6% in 2QFY19 as against 17.7% in 1QFY18.
  • Net profit for the quarter declined by 7.9% QoQ, while net profit margins declined from 10.8% in 1QFY18 to 6.1% in 2QFY19.

To see how SUPRAJIT ENGG has performed over the last eight quarters, please visit here.

SUPRAJIT ENGG Share Price Performance

Over the last one year, SUPRAJIT ENGG share price has moved up from Rs 282.8 to Rs 213.6, registering a Loss of Rs 69.2 or around 24.5%.

Overall, the S&P BSE SENSEX is up 5.2% over the year.

Current Valuations

At the current price of Rs 213.6, the price to earnings (P/E) ratio of SUPRAJIT ENGG stands at 24.1 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 12.5 times.

Equitymaster requests your view! Post a comment on "SUPRAJIT ENGG Announces Quarterly Results (2QFY19); Net Profit Down 9.9%". Click here!

  

Related Views on News

SUPRAJIT ENGINEERING Announces Quarterly Results (3QFY20); Net Profit Down 20.4% (Quarterly Result Update)

Feb 3, 2020 | Updated on Feb 3, 2020

For the quarter ended December 2019, SUPRAJIT ENGINEERING has posted a net profit of Rs 312 m (down 20.4% YoY). Sales on the other hand came in at Rs 4 bn (up 1.6% YoY). Read on for a complete analysis of SUPRAJIT ENGINEERING's quarterly results.

SUPRAJIT ENGINEERING Announces Quarterly Results (1QFY20); Net Profit Down 4.9% (Quarterly Result Update)

Aug 16, 2019 | Updated on Aug 16, 2019

For the quarter ended June 2019, SUPRAJIT ENGINEERING has posted a net profit of Rs 248 m (down 4.9% YoY). Sales on the other hand came in at Rs 4 bn (up 54.0% YoY). Read on for a complete analysis of SUPRAJIT ENGINEERING's quarterly results.

SUPRAJIT ENGINEERING 2018-19 Annual Report Analysis (Annual Result Update)

Jul 19, 2019 | Updated on Jul 19, 2019

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

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

More Views on News

Most Popular

What the RBI's Rate Cut Means for Options Traders(Fast Profits Daily)

May 25, 2020

The RBI governor has cut the repo rate to 4%. What does this mean for options traders? Find out in this video.

6 Charts Showing the State of Indian Financial Markets in 2020(Sector Info)

May 26, 2020

Six charts showing how Indian financial markets have performed in 2020 so far...

This 'Essential Product' Smallcap is a Must Have for a 'Covid-19' Immune Portfolio(Profit Hunter)

May 19, 2020

This smallcap company needs no stimulus measures to do well in the long term.

Which Stocks Should You Buy, Sell, and Hold in the Market Today?(Profit Hunter)

May 21, 2020

The coronavirus led uncertainty refuses to go away from the markets. Here's what retail investors should do with their stocks...

More

Get Rich as the
Market Rebounds from Covid-19

Coronavirus Rebound
Get this special guide, authored by Equitymaster's top analysts, now.
We will never sell or rent your email id.
Please read our Terms

SUPRAJIT ENGINEERING SHARE PRICE


May 29, 2020 02:57 PM

TRACK SUPRAJIT ENGINEERING

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

MORE ON SUPRAJIT ENGINEERING

SUPRAJIT ENGINEERING - SCHAEFFLER INDIA LTD COMPARISON

COMPARE SUPRAJIT ENGINEERING WITH

MARKET STATS