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?  

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.

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

My Latest Stock Recommendation(Fast Profits Daily)

Jan 10, 2020

The story behind my latest stock recommendation and an important announcement.

Saffron Curtain = Hindutva Rate of Growth?(The Honest Truth)

Jan 8, 2020

Will the Indian economy revert to a sub-3% growth rate?

Bet on These Smallcap Stocks for Success in 2020(Profit Hunter)

Jan 14, 2020

The smallcap rebound finally seems to here... Make sure you aren't too late to make the most of the biggest wealth making opportunity in a decade.

Your Safe Income Options for 2020(Fast Profits Daily)

Jan 9, 2020

What are you safest investing options in 2020 when interest rates fall.

Guess Which Stocks Are Rising at Double the Speed of Sensex(Profit Hunter)

Jan 15, 2020

These stocks can move twice as fast as the Sensex - to take advantage of their money multiplying power get in now as the rally is still just taking shape.. read more to not miss out.

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


Jan 21, 2020 03:35 PM

TRACK SJVN

SJVN - NLC INDIA LTD COMPARISON

COMPARE SJVN WITH

MARKET STATS