HONDA SIEL POWER Announces Quarterly Results (1QFY20); Net Profit Up 34.7%

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?  

HONDA SIEL POWER Announces Quarterly Results (1QFY20); Net Profit Up 34.7%
Thu, 8 Aug

HONDA SIEL POWER has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

HONDA SIEL POWER Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m1,8132,3052,054-10.9%13.3%
Other incomeRs m59364527.2%-23.0%
TurnoverRs m1,8722,3402,099-10.3%12.1%
ExpensesRs m15,8172,1251,768-16.8%-88.8%
Gross profitRs m19618028659.1%45.5%
DepreciationRs m53525913.3%10.3%
InterestRs m001133.3%133.3%
Profit before taxRs m20216327266.7%34.7%
TaxRs m71559571.5%34.8%
Profit after taxRs m13110817764.2%34.7%
Gross profit margin%10.87.813.9
Effective tax rate%35.034.035.0
Net profit margin%7.04.68.4
* 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 13.3% on a year-on-year (YoY) basis. The expenses were down by 88.8% YoY during the same period.
  • The company's operating profit increased by 45.5% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 13.9% in 1QFY20 as against 10.8% in 1QFY19.
  • Depreciation charges increased by 10.3% and finance costs increased by 133.3% YoY, respectively.
  • Other income declined by 23.0% YoY during the quarter.
  • Net profit for the quarter increased by 34.7% YoY. Net profit margins during the quarter increased from 7.0% in 1QFY19 to 8.4% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 10.9% on a quarter-on-quarter (QoQ) basis. The expenses were down by 16.8% QoQ during the same period.
  • The company's operating profit increased by 59.1% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 13.9% in 1QFY20 as against 7.8% in 4QFY19.
  • Net profit for the quarter increased by 64.2% QoQ, while net profit margins increased from 4.6% in 4QFY19 to 8.4% in 1QFY20.

To see how HONDA SIEL POWER has performed over the last eight quarters,please visit here.

HONDA SIEL POWER Share Price Performance

Over the last one year,HONDA SIEL POWER share price has moved down from Rs 1,274.4 to Rs 906.0, registering a Loss of Rs 368.4 or around 28.9%.

Meanwhile, the S&P BSE CONSUMER DURABLES Index is trading at Rs 22,252.5 (down 0.0%). Over the last one year it has moved up from 21,968.2 to 22,252.5, a gain of 284 points (up 1.3%).

Overall, the S&P BSE SENSEX is down 1.4% over the year.

Current Valuations

At the current price of Rs 906.0, the price to earnings (P/E) ratio of HONDA SIEL POWER stands at 15.7 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.9 times.

Equitymaster requests your view! Post a comment on "HONDA SIEL POWER Announces Quarterly Results (1QFY20); Net Profit Up 34.7%". Click here!

  

Related Views on News

HONDA SIEL POWER Announces Quarterly Results (4QFY19); Net Profit Down 22.8% (Quarterly Result Update)

Jun 5, 2019 | Updated on Jun 5, 2019

For the quarter ended March 2019, HONDA SIEL POWER has posted a net profit of Rs 108 m (down 22.8% YoY). Sales on the other hand came in at Rs 2 bn (up 11.6% YoY). Read on for a complete analysis of HONDA SIEL POWER's quarterly results.

HONDA SIEL POWER Announces Quarterly Results (2QFY19); Net Profit Down 10.6% (Quarterly Result Update)

Nov 5, 2018 | Updated on Nov 5, 2018

For the quarter ended September 2018, HONDA SIEL POWER has posted a net profit of Rs 134 m (down 10.6% YoY). Sales on the other hand came in at Rs 2 bn (down 0.4% YoY). Read on for a complete analysis of HONDA SIEL POWER's quarterly results.

HONDA SIEL POWER 2017-18 Annual Report Analysis (Annual Result Update)

Aug 16, 2018 | Updated on Aug 16, 2018

Here's an analysis of the annual report of HONDA SIEL POWER for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of HONDA SIEL POWER. Also includes updates on the valuation of HONDA SIEL POWER.

More Views on News

Most Popular

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.

The Triple Digit Return Opportunity in this Market

Jun 24, 2020

Rahul Shah on stocks with potentially triple digit returns.

This Ratio Says Smallcaps Are Your Best Bet to Ride the Post Covid Market Rebound(Profit Hunter)

Jun 23, 2020

Here's why I believe that post Covid rebound in smallcaps will be much sharper than largecaps.

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

HONDA SIEL POWER SHARE PRICE


Jul 3, 2020 03:35 PM

TRACK HONDA SIEL POWER

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

MORE ON HONDA SIEL POWER

HONDA SIEL POWER - SYMPHONY COMPARISON

COMPARE HONDA SIEL POWER WITH

MARKET STATS