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

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?  

Markets will remain closed on 30th November, 2020 on account of Guru Nanak Jayanti.

SUPRAJIT ENGINEERING Announces Quarterly Results (3QFY20); Net Profit Down 20.4%
Mon, 3 Feb

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

SUPRAJIT ENGINEERING Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-18*
3
Sep-19*
3
Dec-19*
QoQ ChangeYoY Change
Net SalesRs m4,0563,9824,1233.5%1.6%
Other incomeRs m18413453-60.6%-71.4%
TurnoverRs m4,2414,1164,1751.5%-1.5%
ExpensesRs m3,4503,4243,6225.8%5.0%
Gross profitRs m607558501-10.2%-17.4%
DepreciationRs m103159149-6.6%43.9%
InterestRs m585252-0.6%-10.7%
Profit before taxRs m630480353-26.5%-43.9%
TaxRs m238304135.3%-82.7%
Profit after taxRs m392450312-30.6%-20.4%
Gross profit margin%15.014.012.1
Effective tax rate%37.76.311.6
Net profit margin%9.210.97.5
* 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 grew 1.6% on a year-on-year (YoY) basis. The expenses were up by 5.0% YoY during the same period.
  • The company's operating profit declined by 17.4% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 12.1% in 3QFY20 as against 15.0% in 3QFY19.
  • Depreciation charges increased by 43.9% and finance costs declined by 10.7% YoY, respectively.
  • Other income declined by 71.4% YoY during the quarter.
  • Net profit for the quarter declined by 20.4% YoY. Net profit margins during the quarter declined from 9.2% in 3QFY19 to 7.5% in 3QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 3.5% on a quarter-on-quarter (QoQ) basis. The expenses were up by 5.8% QoQ during the same period.
  • The company's operating profit declined by 10.2% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 12.1% in 3QFY20 as against 14.0% in 2QFY19.
  • Net profit for the quarter declined by 30.6% QoQ, while net profit margins declined from 10.9% in 2QFY19 to 7.5% in 3QFY20.

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

Discover: India's #1 Defence Stock

SUPRAJIT ENGINEERING Share Price Performance

Over the last one year,SUPRAJIT ENGINEERING share price has moved down from Rs 198.6 to Rs 197.3, registering a Loss of Rs 1.3 or around 0.7%.

Overall, the S&P BSE SENSEX is up 9.6% over the year.

Current Valuations

At the current price of Rs 197.3, the price to earnings (P/E) ratio of SUPRAJIT ENGINEERING stands at 19.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.6 times.

Equitymaster requests your view! Post a comment on "SUPRAJIT ENGINEERING Announces Quarterly Results (3QFY20); Net Profit Down 20.4%". Click here!

  

Related Views on News

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 Announces Quarterly Results (3QFY19); Net Profit Up 50.0% (Quarterly Result Update)

Feb 15, 2019 | Updated on Feb 15, 2019

For the quarter ended December 2018, SUPRAJIT ENGG has posted a net profit of Rs 392 m (up 50.0% YoY). Sales on the other hand came in at Rs 4 bn (up 59.4% YoY). Read on for a complete analysis of SUPRAJIT ENGG's quarterly results.

More Views on News

Most Popular

Stocks that Could Shine More than Gold After Diwali(Profit Hunter)

Nov 17, 2020

If the markets become volatile over the next few months, do this.

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.

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?

How to Build the Best Trading System(Fast Profits Daily)

Nov 20, 2020

In this video, I'll show you how to make the best trading system.

An Eraser and Some Pencils(The Honest Truth)

Nov 17, 2020

Ajit Dayal on the road ahead for the world after covid.

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

SUPRAJIT ENGINEERING SHARE PRICE


Nov 27, 2020 (Close)

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 - ANG INDUSTRIES COMPARISON

COMPARE SUPRAJIT ENGINEERING WITH

MARKET STATS