SUPREME INDUSTRIES Announces Quarterly Results (1QFY20); Net Profit Down 45.3%

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?  

SUPREME INDUSTRIES Announces Quarterly Results (1QFY20); Net Profit Down 45.3%
Tue, 30 Jul

SUPREME INDUSTRIES has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

SUPREME INDUSTRIES Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m13,45715,30914,368-6.1%6.8%
Other incomeRs m6310-99.0%-94.9%
TurnoverRs m13,46315,34014,369-6.3%6.7%
ExpensesRs m11,60013,28912,695-4.5%9.4%
Gross profitRs m2,4762,1331,674-21.5%-32.4%
DepreciationRs m4274814952.9%16.1%
InterestRs m396433-49.2%-17.3%
Profit before taxRs m2,0151,6181,146-29.2%-43.1%
TaxRs m652489400-18.2%-38.7%
Profit after taxRs m1,3641,130746-33.9%-45.3%
Gross profit margin%18.413.911.6
Effective tax rate%32.330.234.9
Net profit margin%10.17.45.2
* 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 6.8% on a year-on-year (YoY) basis. The expenses were up by 9.4% YoY during the same period.
  • The company's operating profit declined by 32.4% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 11.6% in 1QFY20 as against 18.4% in 1QFY19.
  • Depreciation charges increased by 16.1% and finance costs declined by 17.3% YoY, respectively.
  • Other income declined by 94.9% YoY during the quarter.
  • Net profit for the quarter declined by 45.3% YoY. Net profit margins during the quarter declined from 10.1% in 1QFY19 to 5.2% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 6.1% on a quarter-on-quarter (QoQ) basis. The expenses were down by 4.5% QoQ during the same period.
  • The company's operating profit declined by 21.5% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 11.6% in 1QFY20 as against 13.9% in 4QFY19.
  • Net profit for the quarter declined by 33.9% QoQ, while net profit margins declined from 7.4% in 4QFY19 to 5.2% in 1QFY20.

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

SUPREME INDUSTRIES Share Price Performance

Over the last one year,SUPREME INDUSTRIES share price has moved down from Rs 1,188.0 to Rs 1,068.0, registering a Loss of Rs 120.0 or around 10.1%.

Overall, the S&P BSE SENSEX is up 1.1% over the year.

Current Valuations

At the current price of Rs 1,068.0, the price to earnings (P/E) ratio of SUPREME INDUSTRIES stands at 35.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 6.3 times.

Equitymaster requests your view! Post a comment on "SUPREME INDUSTRIES Announces Quarterly Results (1QFY20); Net Profit Down 45.3%". Click here!

  

Related Views on News

SUPREME INDUSTRIES 2018-19 Annual Report Analysis (Annual Result Update)

Jun 7, 2019 | Updated on Jun 7, 2019

Here's an analysis of the annual report of SUPREME INDUSTRIES for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of SUPREME INDUSTRIES. Also includes updates on the valuation of SUPREME INDUSTRIES.

SUPREME INDUSTRIES Announces Quarterly Results (4QFY19); Net Profit Down 36.6% (Quarterly Result Update)

May 8, 2019 | Updated on May 8, 2019

For the quarter ended March 2019, SUPREME INDUSTRIES has posted a net profit of Rs 1 bn (down 36.6% YoY). Sales on the other hand came in at Rs 15 bn (up 4.1% YoY). Read on for a complete analysis of SUPREME INDUSTRIES's quarterly results.

SUPREME INDUSTRIES Announces Quarterly Results (3QFY19); Net Profit Down 17.3% (Quarterly Result Update)

Jan 24, 2019 | Updated on Jan 24, 2019

For the quarter ended December 2018, SUPREME INDUSTRIES has posted a net profit of Rs 862 m (down 17.3% YoY). Sales on the other hand came in at Rs 14 bn (up 10.3% YoY). Read on for a complete analysis of SUPREME INDUSTRIES's quarterly results.

More Views on News

Most Popular

My 3 Best Small-cap Stocks to Get Rich in this Market Rebound(Profit Hunter)

Oct 14, 2019

This is once in a decade opportunity to make a killing from smallcap rebound.

Finally, Is the Share Price of Yes Bank Ready for a Rebound?(The 5 Minute Wrapup)

Oct 7, 2019

Here's what every individual investor must know about Yes Bank...

Two Stocks to Buy in the Great Indian Festival(Profit Hunter)

Oct 11, 2019

Discounts are not just limited to E-tailers. You can buy stocks at 50% off too. Here are two stocks to buy now.

The One Stock I Like in this Market(The 5 Minute Wrapup)

Oct 10, 2019

There are rare periods in markets when you get good quality stocks at attractive valuations. Is this one such period?

5 Smart Money Stocks to Profit from the Market Rebound(The 5 Minute Wrapup)

Oct 11, 2019

Now is the time to put money in these 5 stocks to take advantage of the recovery in the economy and the markets.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2020
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

SUPREME INDUSTRIES SHARE PRICE


Oct 18, 2019 03:01 PM

TRACK SUPREME INDUSTRIES

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

MORE ON SUPREME INDUSTRIES

SUPREME INDUSTRIES 8-QTR ANALYSIS

COMPARE SUPREME INDUSTRIES WITH

MARKET STATS