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.
SJVN Announces Quarterly Results (3QFY19); Net Profit Up 2.8%

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 (3QFY19); Net Profit Up 2.8%
Tue, 12 Feb

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

SJVN Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m4,3667,5194,845-35.6%11.0%
Other incomeRs m920793667-16.0%-27.6%
TurnoverRs m5,2868,3125,512-33.7%4.3%
ExpensesRs m1,3701,3641,52812.0%11.6%
Gross profitRs m2,9965,9992,965-50.6%-1.0%
DepreciationRs m9359659751.1%4.3%
InterestRs m-1831,409-421-129.9%
Profit before taxRs m3,1654,4183,078-30.3%-2.7%
TaxRs m7991,320645-51.1%-19.3%
Profit after taxRs m2,3653,0982,433-21.5%2.8%
Gross profit margin%68.679.861.2
Effective tax rate%25.329.921.0
Net profit margin%44.737.344.1
* 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 11.0% on a year-on-year (YoY) basis. The expenses were up by 11.6% YoY during the same period.
  • The company's operating profit declined by 1.0% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 61.2% in 3QFY19 as against 68.6% in 3QFY18.
  • Depreciation charges increased by 4.3% and finance costs increased by 129.7% YoY, respectively.
  • Other income declined by 27.6% YoY during the quarter.
  • Net profit for the quarter increased by 2.8% YoY. Net profit margins during the quarter declined from 44.7% in 3QFY18 to 44.1% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 35.6% on a quarter-on-quarter (QoQ) basis. The expenses were up by 12.0% QoQ during the same period.
  • The company's operating profit declined by 50.6% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 61.2% in 3QFY19 as against 79.8% in 2QFY18.
  • Net profit for the quarter declined by 21.5% QoQ, while net profit margins increased from 37.3% in 2QFY18 to 44.1% in 3QFY19.

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

SJVN Share Price Performance

Over the last one year, SJVN share price has moved up from Rs 36.9 to Rs 25.8, registering a Loss of Rs 11.1 or around 30.0%.

Meanwhile, the S&P BSE POWER Index is trading at Rs 1,779.7 (up 0.4%). Over the last one year it has moved down from 2,273.7 to 1,779.7, a gain of 494 points (down 21.7%).

Overall, the S&P BSE SENSEX is up 6.0% over the year.

Current Valuations

At the current price of Rs 25.8, the price to earnings (P/E) ratio of SJVN stands at 10.9 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 (3QFY19); Net Profit Up 2.8%". Click here!

  

Related Views on News

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.

SJVN Announces Quarterly Results (2QFY19); Net Profit Down 28.8% (Quarterly Result Update)

Nov 14, 2018 | Updated on Nov 14, 2018

For the quarter ended September 2018, SJVN has posted a net profit of Rs 3 bn (down 28.8% YoY). Sales on the other hand came in at Rs 8 bn (up 3.4% YoY). Read on for a complete analysis of SJVN's quarterly results.

SJVN Announces Quarterly Results (1QFY19); Net Profit Down 35.0% (Quarterly Result Update)

Aug 6, 2018 | Updated on Aug 6, 2018

For the quarter ended June 2018, SJVN has posted a net profit of Rs 3 bn (down 35.0% YoY). Sales on the other hand came in at Rs 6 bn (down 12.5% YoY). Read on for a complete analysis of SJVN's quarterly results.

More Views on News

Most Popular

My Top 3 Defence Stocks to Buy Now(The 5 Minute Wrapup)

Mar 19, 2019

The urgency to privatise India's defence sector to make India self-reliant was never as strong as it is today.

5 Fundamentally Strong Stocks to Pick for Trading Today(Profit Hunter)

Mar 15, 2019

5 fundamentally strong stocks one could buy to trade in this market right now. Make sure you grab the chance this strongly rallying market offers.

This Small Cap Stock Could Offer Triple Digit Gains from its Current Price(Profit Hunter)

Mar 19, 2019

If you are still waiting for signals, remember, there is no correct timing, only right time to Buy stocks. For select small caps, that time is now.

Elections Don't Matter!(The Honest Truth)

Mar 13, 2019

Ajit Dayal shows us why from the point of view of the Indian economy, elections don't matter.

Two Growth Stocks that Doubled in a Little Over 12 Months!(The 5 Minute Wrapup)

Mar 13, 2019

The elements that fueled profit growth for these two companies led to a surge in their stock prices.

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

SJVN SHARE PRICE


Mar 25, 2019 03:37 PM

TRACK SJVN

COMPARE SJVN WITH

MARKET STATS