X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
SHRIRAM TRANSPORT FIN. Announces Quarterly Results (3QFY19); Net Profit Up 28.2%

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?  

SHRIRAM TRANSPORT FIN. Announces Quarterly Results (3QFY19); Net Profit Up 28.2%
Tue, 29 Jan

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

SHRIRAM TRANSPORT FIN. Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Operating incomeRs m30,87739,38039,9101.3%29.3%
Other incomeRs m129824-75.8%96.7%
Total revenuesRs m30,88939,47839,9341.2%29.3%
InterestRs m13,45518,48919,2624.2%43.2%
Gross Profit Rs m17,33020,78420,539-1.2%18.5%
Other expensesRs m9,71011,49210,723-6.7%10.4%
Profit before taxRs m7,6339,3909,8394.8%28.9%
TaxRs m2,6763,2953,4855.8%30.2%
Profit after taxRs m4,9566,0966,3554.2%28.2%
Gross profit margin %56.152.851.5
Effective tax rate%35.135.135.4
Net profit margin%16.115.515.9
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The bank's operating income (interest earned) during the quarter grew 29.3% on a year-on-year (YoY) basis. The interest expended was up by 43.2% YoY during the same period.
  • The bank's operating profit increased by 18.5% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 51.5% in 3QFY19 as against 56.1% in 3QFY18.
  • Other income increased by 96.7% YoY during the quarter.
  • Net profit for the quarter increased by 28.2% YoY. Net profit margins during the quarter declined from 16.1% in 3QFY18 to 15.9% in 3QFY19.
Quarter-on-Quarter Performance:
  • The bank's operating income (interest earned) during the quarter grew 1.3% on a quarter-on-quarter (QoQ) basis. The interest expended was up by 4.2% QoQ during the same period.
  • The bank's operating profit declined by 1.2% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 51.5% in 3QFY19 as against 52.8% in 2QFY18.
  • Net profit for the quarter increased by 4.2% QoQ, while net profit margins increased from 15.5% in 2QFY18 to 15.9% in 3QFY19.

To see how SHRIRAM TRANSPORT FIN. has performed over the last eight quarters, please visit here.

SHRIRAM TRANSPORT FIN. Share Price Performance

Over the last one year, SHRIRAM TRANSPORT FIN. share price has moved up from Rs 1,431.6 to Rs 1,010.5, registering a Loss of Rs 421.2 or around 29.4%.

Overall, the S&P BSE SENSEX is down 1.9% over the year.

Current Valuations

At the current price of Rs 1,010.5, the price to earnings (P/E) ratio of SHRIRAM TRANSPORT FIN. stands at 11.7 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.8 times.

Equitymaster requests your view! Post a comment on "SHRIRAM TRANSPORT FIN. Announces Quarterly Results (3QFY19); Net Profit Up 28.2%". Click here!

  

Related Views on News

SHRIRAM TRANSPORT FIN. Announces Quarterly Results (2QFY19); Net Profit Up 27.2% (Quarterly Result Update)

Nov 9, 2018 | Updated on Nov 9, 2018

For the quarter ended September 2018, SHRIRAM TRANSPORT FIN. has posted a net profit of Rs 6 bn (up 27.2% YoY). Sales on the other hand came in at Rs 39 bn (up 32.2% YoY). Read on for a complete analysis of SHRIRAM TRANSPORT FIN.'s quarterly results.

SHRIRAM TRANSPORT FIN. Announces Quarterly Results (1QFY19); Net Profit Up 27.7% (Quarterly Result Update)

Jul 27, 2018 | Updated on Jul 27, 2018

For the quarter ended June 2018, SHRIRAM TRANSPORT FIN. has posted a net profit of Rs 6 bn (up 27.7% YoY). Sales on the other hand came in at Rs 37 bn (up 28.8% YoY). Read on for a complete analysis of SHRIRAM TRANSPORT FIN.'s quarterly results.

CreditAccess Grameen IPO: Should You Apply to this Interesting Microfinance Play? (IPO)

Aug 7, 2018

Should you apply to the IPO of CreditAccess Grameen Ltd?

HDFC AMC IPO: Do Valuations Leave Enough on Table for Investors? (IPO)

Jul 20, 2018

Should you subscribe to the IPO of HDFC AMC Ltd?

IndoStar Capital Finance IPO: Is This NBFC Worth Betting On? (IPO)

May 8, 2018

Should you apply for the IPO of IndoStar Capital Finance?

More Views on News

Most Popular

Are You Ready for the Big Nifty Move in the March Expiry?(Profit Hunter)

Mar 8, 2019

History suggests the Nifty could make a big move in March. Are you prepared to benefit from this opportunity?

Smallcaps Are Rallying and You Need to Make the Most of It Now(Profit Hunter)

Mar 7, 2019

Did you just miss the smallcap rally? Or is there still time to catch up? Read on for answers and more...

The One Sector to Bet on Today as India Grows into a 10 Trillion Dollar Economy(The 5 Minute Wrapup)

Mar 7, 2019

India's defence sector is suddenly under the spotlight. Can this sector ride along India's long-term growth story?

Is it the Right Time to Buy Mid and Small Caps Now?(The 5 Minute Wrapup)

Mar 6, 2019

Mid and Small Caps have underperformed large caps in the past year. Is the tide about to turn?

The Jet Airways Crisis in 6 Charts(Sector Info)

Mar 5, 2019

What happened to Jet Airways, once among top 3 airlines in India? Is it another Kingfisher in the making? Read on...

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

SHRIRAM TRANSPORT SHARE PRICE


Mar 18, 2019 (Close)

TRACK SHRIRAM TRANSPORT

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

MORE ON SHRIRAM TRANSPORT

SHRIRAM TRANSPORT 5-YR ANALYSIS

COMPARE SHRIRAM TRANSPORT WITH

MARKET STATS