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

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 Change	YoY Change
Net Sales	Rs m	4,056	3,982	4,123	3.5%	1.6%
Other income	Rs m	184	134	53	-60.6%	-71.4%
Turnover	Rs m	4,241	4,116	4,175	1.5%	-1.5%
Expenses	Rs m	3,450	3,424	3,622	5.8%	5.0%
Gross profit	Rs m	607	558	501	-10.2%	-17.4%
Depreciation	Rs m	103	159	149	-6.6%	43.9%
Interest	Rs m	58	52	52	-0.6%	-10.7%
Profit before tax	Rs m	630	480	353	-26.5%	-43.9%
Tax	Rs m	238	30	41	35.3%	-82.7%
Profit after tax	Rs m	392	450	312	-30.6%	-20.4%
Gross profit margin	%	15.0	14.0	12.1
Effective tax rate	%	37.7	6.3	11.6
Net profit margin	%	9.2	10.9	7.5

* 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.

Get Details: We are Bullish on These 3 Little-known Stocks

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.

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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

SUPRAJIT ENGINEERING SHARE PRICE

BSE: 217.00 0.95% NSE: 218.40 1.84%
Jan 22, 2021 12:02 PM

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LEGAL DISCLAIMER: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research Company. Equitymaster is not an Investment Adviser. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. This is not directed for access or use by anyone in a country, especially, USA, Canada or the European Union countries, where such use or access is unlawful or which may subject Equitymaster or its affiliates to any registration or licensing requirement. All content and information is provided on an 'As Is' basis by Equitymaster. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Equitymaster may hold shares in the company/ies discussed herein. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.

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