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

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?  

Markets will remain closed on 14th April, 2021 on account of Dr. Baba Saheb Ambedkar Jayanti.

SJVN Announces Quarterly Results (4QFY19); Net Profit Up 238.7%
Mon, 3 Jun

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

SJVN Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m3,4484,8458,05266.2%133.5%
Other incomeRs m9166677106.5%-22.5%
TurnoverRs m4,3645,5128,76159.0%100.8%
ExpensesRs m1,3861,5281,80117.9%29.9%
Gross profitRs m2,5172,9656,188108.7%145.8%
DepreciationRs m8459751,0103.5%19.4%
InterestRs m476-4215-98.9%
Profit before taxRs m2,1123,0785,88391.2%178.5%
TaxRs m7836451,382114.2%76.5%
Profit after taxRs m1,3292,4334,50285.1%238.7%
Gross profit margin%73.061.276.9
Effective tax rate%37.121.023.5
Net profit margin%30.544.151.4
* 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 133.5% on a year-on-year (YoY) basis. The expenses were up by 29.9% YoY during the same period.
  • The company's operating profit increased by 145.8% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 76.9% in 4QFY19 as against 73.0% in 4QFY18.
  • Depreciation charges increased by 19.4% and finance costs declined by 98.9% YoY, respectively.
  • Other income declined by 22.5% YoY during the quarter.
  • Net profit for the quarter increased by 238.7% YoY. Net profit margins during the quarter increased from 30.5% in 4QFY18 to 51.4% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 66.2% on a quarter-on-quarter (QoQ) basis. The expenses were up by 17.9% QoQ during the same period.
  • The company's operating profit increased by 108.7% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 76.9% in 4QFY19 as against 61.2% in 3QFY18.
  • Net profit for the quarter increased by 85.1% QoQ, while net profit margins increased from 44.1% in 3QFY18 to 51.4% in 4QFY19.

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 30.8 to Rs 25.3, registering a Loss of Rs 5.5 or around 17.7%.

Meanwhile, the S&P BSE POWER Index is trading at Rs 2,016.2 (up 0.3%). Over the last one year it has moved down from 2,089.1 to 2,016.2, a gain of 73 points (down 3.5%).

Overall, the S&P BSE SENSEX is up 13.3% over the year.

Current Valuations

At the current price of Rs 25.3, the price to earnings (P/E) ratio of SJVN stands at 8.1 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 (4QFY19); Net Profit Up 238.7%". Click here!

  

Related Views on News

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

Nov 12, 2019 | Updated on Nov 12, 2019

For the quarter ended September 2019, SJVN has posted a net profit of Rs 6 bn (up 85.5% YoY). Sales on the other hand came in at Rs 9 bn (up 25.9% YoY). Read on for a complete analysis of SJVN's quarterly results.

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.

More Views on News

Most Popular

My Recent Recommendation Will Profit from the Global Supply Chain Crisis(Profit Hunter)

Mar 31, 2021

A tiny chemical company, started in the Licence Raj era, is a great example of a new wealth creating opportunity.

My Stock Trading Strategy(Fast Profits Daily)

Mar 31, 2021

In this video I'll show you exactly how I go about picking stocks for trading.

4 Stocks to Make Your Portfolio Immune to the Second Covid Wave(Profit Hunter)

Apr 6, 2021

Rather than predicting the market, successful investing is more about preparing well and placing your bets accordingly.

If the Market Falls, I Will Do This...(Fast Profits Daily)

Apr 1, 2021

What should you do if the market falls? In this video, I'll tell you what I will do.

India: Recovery Stalled by Vaccine Games?(The Honest Truth)

Apr 13, 2021

Ajit Dayal on how India's vaccine strategy will impact the markets.

More

India's #1 Trader
Reveals His Secrets

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

SJVN SHARE PRICE


Apr 13, 2021 03:38 PM

TRACK SJVN

SJVN - RELIANCE INFRA COMPARISON

COMPARE SJVN WITH

MARKET STATS