JTEKT INDIA Announces Quarterly Results (4QFY19); Net Profit Up 72.3%

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?  

JTEKT INDIA Announces Quarterly Results (4QFY19); Net Profit Up 72.3%
Tue, 21 May

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

JTEKT INDIA Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m3,2352,9754,81061.7%48.7%
Other incomeRs m31128152.2%720.5%
TurnoverRs m3,2382,9864,83862.0%49.4%
ExpensesRs m2,8162,7044,17954.6%48.4%
Gross profitRs m419271631132.4%50.6%
DepreciationRs m16615622745.6%36.2%
InterestRs m42354119.2%-2.1%
Profit before taxRs m21492391324.2%82.7%
TaxRs m7433149352.8%102.3%
Profit after taxRs m14059241308.3%72.3%
Gross profit margin%13.09.113.1
Effective tax rate%34.535.838.2
Net profit margin%4.32.05.0
* 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 48.7% on a year-on-year (YoY) basis. The expenses were up by 48.4% YoY during the same period.
  • The company's operating profit increased by 50.6% YoY during the quarter. Consequently, operating profit margins remained same and stood at 13.1% in 4QFY19.
  • Depreciation charges increased by 36.2% and finance costs declined by 2.1% YoY, respectively.
  • Other income increased by 720.5% YoY during the quarter.
  • Net profit for the quarter increased by 72.3% YoY. Net profit margins during the quarter increased from 4.3% in 4QFY18 to 5.0% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 61.7% on a quarter-on-quarter (QoQ) basis. The expenses were up by 54.6% QoQ during the same period.
  • The company's operating profit increased by 132.4% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 13.1% in 4QFY19 as against 9.1% in 3QFY18.
  • Net profit for the quarter increased by 308.3% QoQ, while net profit margins increased from 2.0% in 3QFY18 to 5.0% in 4QFY19.

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

JTEKT INDIA Share Price Performance

Over the last one year, JTEKT INDIA share price has moved up from Rs 103.1 to Rs 100.7, registering a Loss of Rs 2.4 or around 2.3%.

Overall, the S&P BSE SENSEX is up 13.9% over the year.

Current Valuations

At the current price of Rs 100.7, the price to earnings (P/E) ratio of JTEKT INDIA stands at 34.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 4.8 times.

Equitymaster requests your view! Post a comment on "JTEKT INDIA Announces Quarterly Results (4QFY19); Net Profit Up 72.3%". Click here!

  

Related Views on News

JTEKT INDIA Announces Quarterly Results (1QFY20); Net Profit Down 52.7% (Quarterly Result Update)

Aug 19, 2019 | Updated on Aug 19, 2019

For the quarter ended June 2019, JTEKT INDIA has posted a net profit of Rs 69 m (down 52.7% YoY). Sales on the other hand came in at Rs 4 bn (up 26.7% YoY). Read on for a complete analysis of JTEKT INDIA's quarterly results.

JTEKT INDIA Announces Quarterly Results (3QFY19); Net Profit Up 1.3% (Quarterly Result Update)

Jan 28, 2019 | Updated on Jan 28, 2019

For the quarter ended December 2018, JTEKT INDIA has posted a net profit of Rs 59 m (up 1.3% YoY). Sales on the other hand came in at Rs 3 bn (up 1.6% YoY). Read on for a complete analysis of JTEKT INDIA's quarterly results.

Sandhar Technologies IPO: Worth Betting on This Automotive Component Manufacturer? (IPO)

Mar 17, 2018

Should you subscribe to the IPO of Sandhar Technologies Ltd?

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

JTEKT INDIA SHARE PRICE


Jan 20, 2020 (Close)

TRACK JTEKT INDIA

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

JTEKT INDIA - GABRIEL INDIA COMPARISON

COMPARE JTEKT INDIA WITH

MARKET STATS