SJVN Announces Quarterly Results (2QFY20); Net Profit Up 85.5%

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?  

SJVN Announces Quarterly Results (2QFY20); Net Profit Up 85.5%
Tue, 12 Nov

SJVN has announced its results for the quarter ended September 2019. Here is a detailed performance review of the same:

SJVN Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-18*
3
Jun-19*
3
Sep-19*
QoQ ChangeYoY Change
Net SalesRs m7,5197,2459,46730.7%25.9%
Other incomeRs m793894824-7.8%3.9%
TurnoverRs m8,3128,13910,29126.4%23.8%
ExpensesRs m1,3641,4681,79722.4%31.8%
Gross profitRs m5,9995,7777,67032.8%27.9%
DepreciationRs m9659229240.2%-4.2%
InterestRs m1,409230671191.9%-52.4%
Profit before taxRs m4,4185,5186,90025.0%56.2%
TaxRs m1,3201,2911,153-10.7%-12.6%
Profit after taxRs m3,0984,2275,74635.9%85.5%
Gross profit margin%79.879.781.0
Effective tax rate%29.923.416.7
Net profit margin%37.351.955.8
* 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 25.9% on a year-on-year (YoY) basis. The expenses were up by 31.8% YoY during the same period.
  • The company's operating profit increased by 27.9% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 81.0% in 2QFY20 as against 79.8% in 2QFY19.
  • Depreciation charges declined by 4.2% and finance costs declined by 52.4% YoY, respectively.
  • Other income increased by 3.9% YoY during the quarter.
  • Net profit for the quarter increased by 85.5% YoY. Net profit margins during the quarter increased from 37.3% in 2QFY19 to 55.8% in 2QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 30.7% on a quarter-on-quarter (QoQ) basis. The expenses were up by 22.4% QoQ during the same period.
  • The company's operating profit increased by 32.8% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 81.0% in 2QFY20 as against 79.7% in 1QFY19.
  • Net profit for the quarter increased by 35.9% QoQ, while net profit margins increased from 51.9% in 1QFY19 to 55.8% in 2QFY20.

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

SPECIAL: Find Out Our Top 7 Bluechips for 2020 Virtually FREE. Click Here Now!

SJVN Share Price Performance

Over the last one year,SJVN share price has moved down from Rs 28.2 to Rs 24.6, registering a Loss of Rs 3.6 or around 12.8%.

Meanwhile, the S&P BSE POWER Index is trading at Rs 1,958.4 (up 0.2%). Over the last one year it has moved up from 1,940.7 to 1,958.4, a gain of 18 points (up 0.9%).

Overall, the S&P BSE SENSEX is up 15.9% over the year.

Current Valuations

At the current price of Rs 24.6, the price to earnings (P/E) ratio of SJVN stands at 6.0 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.0 times.

Equitymaster requests your view! Post a comment on "SJVN Announces Quarterly Results (2QFY20); Net Profit Up 85.5%". Click here!

  

Related Views on News

SJVN Announces Quarterly Results (1QFY20); Net Profit Up 44.0% (Quarterly Result Update)

Aug 19, 2019 | Updated on Aug 19, 2019

For the quarter ended June 2019, SJVN has posted a net profit of Rs 4 bn (up 44.0% YoY). Sales on the other hand came in at Rs 7 bn (up 18.0% YoY). Read on for a complete analysis of SJVN's quarterly results.

SJVN Announces Quarterly Results (4QFY19); Net Profit Up 238.7% (Quarterly Result Update)

Jun 3, 2019 | Updated on Jun 3, 2019

For the quarter ended March 2019, SJVN has posted a net profit of Rs 5 bn (up 238.7% YoY). Sales on the other hand came in at Rs 8 bn (up 133.5% YoY). Read on for a complete analysis of SJVN's quarterly results.

SJVN 2017-18 Annual Report Analysis (Annual Result Update)

Mar 25, 2019 | Updated on Mar 25, 2019

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

More Views on News

Most Popular

The Next Few Days Are Crucial for Smallcap Investors - And 3 Must-Buy Stocks(Profit Hunter)

Feb 19, 2020

While I have been writing about the rebound in smallcaps for quite some time now... I have shied from the question - When exactly is the smallcap rebound happening. Well, the answer is now.

Here's Why I Recommended 15 Stocks in One Day Flat(Views On News)

Feb 14, 2020

This proven strategy can give big returns in quick time.

The Top 8 Trading Mistakes You Should Avoid(Fast Profits Daily)

Feb 18, 2020

Avoid these mistakes and your trading will turn much more profitable.

Corona Virus Could Trigger a Rally in this Stock(Profit Hunter)

Feb 20, 2020

A company which benefits from crude oil and coronavirus - if you would like to know more about it read this.

These Rebirth of India Stocks Are Raring to Compete with Tesla(The 5 Minute Wrapup)

Feb 17, 2020

There are Indian stocks which can soar like Tesla in the long-run.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get our special report, Secret to Increasing Your Trading Profits Today Now!
We will never sell or rent your email id.
Please read our Terms

SJVN SHARE PRICE


Feb 27, 2020 03:37 PM

TRACK SJVN

SJVN - ELECTRICITE DE COMPARISON

COMPARE SJVN WITH

MARKET STATS