SWARAJ ENGINES Announces Quarterly Results (4QFY20); Net Profit Down 4.9%

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?  

SWARAJ ENGINES Announces Quarterly Results (4QFY20); Net Profit Down 4.9%
Tue, 12 May

SWARAJ ENGINES has announced its results for the quarter ended March 2020. Here is a detailed performance review of the same:

SWARAJ ENGINES Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-19*
3
Dec-19*
3
Mar-20*
QoQ ChangeYoY Change
Net SalesRs m1,9151,7011,7513.0%-8.5%
Other incomeRs m3628307.2%-18.7%
TurnoverRs m1,9511,7281,7813.0%-8.7%
ExpensesRs m1,6411,5041,5180.9%-7.5%
Gross profitRs m27419723418.7%-14.7%
DepreciationRs m535149-4.1%-7.0%
InterestRs m0000.0%-100.0%
Profit before taxRs m25817321423.7%-16.8%
TaxRs m91445625.9%-38.6%
Profit after taxRs m16712915822.9%-4.9%
Gross profit margin%14.311.613.4
Effective tax rate%35.425.626.1
Net profit margin%8.57.58.9
* 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 fell 8.5% on a year-on-year (YoY) basis. The expenses were down by 7.5% YoY during the same period.
  • The company's operating profit declined by 14.7% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 13.4% in 4QFY20 as against 14.3% in 4QFY19.
  • Depreciation charges declined by 7.0% and finance costs declined by 100.0% YoY, respectively.
  • Other income declined by 18.7% YoY during the quarter.
  • Net profit for the quarter declined by 4.9% YoY. Net profit margins during the quarter increased from 8.5% in 4QFY19 to 8.9% in 4QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 3.0% on a quarter-on-quarter (QoQ) basis. The expenses were up by 0.9% QoQ during the same period.
  • The company's operating profit increased by 18.7% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 13.4% in 4QFY20 as against 11.6% in 3QFY19.
  • Net profit for the quarter increased by 22.9% QoQ, while net profit margins increased from 7.5% in 3QFY19 to 8.9% in 4QFY20.

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

Free Access: A guide to generating potentially colossal long-term wealth

SWARAJ ENGINES Share Price Performance

Over the last one year,SWARAJ ENGINES share price has moved down from Rs 1,332.7 to Rs 1,008.0, registering a Loss of Rs 324.7 or around 24.4%.

Meanwhile, the S&P BSE CAPITAL GOODS Index is trading at Rs 11,039.6 (down 1.5%). Over the last one year it has moved down from 17,739.4 to 11,039.6, a gain of 6,700 points (down 37.8%).

Overall, the S&P BSE SENSEX is down 16.2% over the year.

Current Valuations

At the current price of Rs 1,008.0, the price to earnings (P/E) ratio of SWARAJ ENGINES stands at 17.2 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 5.1 times.

Equitymaster requests your view! Post a comment on "SWARAJ ENGINES Announces Quarterly Results (4QFY20); Net Profit Down 4.9%". Click here!

  

Related Views on News

SWARAJ ENGINES Announces Quarterly Results (2QFY21); Net Profit Up 6.8% (Quarterly Result Update)

Oct 28, 2020 | Updated on Oct 28, 2020

For the quarter ended September 2020, SWARAJ ENGINES has posted a net profit of Rs 271 m (up 6.8% YoY). Sales on the other hand came in at Rs 3 bn (up 31.2% YoY). Read on for a complete analysis of SWARAJ ENGINES's quarterly results.

Mazagon Dock Shipbuilders IPO: Should You Apply? (IPO)

Sep 29, 2020

Should you bet on this public sector defence shipbuilder?

SWARAJ ENGINES Announces Quarterly Results (2QFY20); Net Profit Up 0.1% (Quarterly Result Update)

Nov 1, 2019 | Updated on Nov 1, 2019

For the quarter ended September 2019, SWARAJ ENGINES has posted a net profit of Rs 254 m (up 0.1% YoY). Sales on the other hand came in at Rs 2 bn (down 9.8% YoY). Read on for a complete analysis of SWARAJ ENGINES's quarterly results.

SWARAJ ENGINES 2017-18 Annual Report Analysis (Annual Result Update)

Jan 1, 2019 | Updated on Jan 1, 2019

Here's an analysis of the annual report of SWARAJ ENGINES for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of SWARAJ ENGINES. Also includes updates on the valuation of SWARAJ ENGINES.

More Views on News

Most Popular

This Diwali Consider Richa's #1 Stock Pick for 2021(Profit Hunter)

Nov 13, 2020

Why I admire the approach that Richa uses to zero in on stocks with huge upside potential.

Stocks that Could Shine More than Gold After Diwali(Profit Hunter)

Nov 17, 2020

If the markets become volatile over the next few months, do this.

How to Short Sell the Right Way(Fast Profits Daily)

Nov 13, 2020

In this video, I'll show you how to short sell effectively.

How to Build the Best Trading System(Fast Profits Daily)

Nov 20, 2020

In this video, I'll show you how to make the best trading system.

US Elections: Won a Battle, Now the War(The Honest Truth)

Nov 13, 2020

Ajit Dayal on the urgent need to fix the disparity between the rich and the poor in the US.

More

Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

SWARAJ ENGINES SHARE PRICE


Nov 26, 2020 03:34 PM

TRACK SWARAJ ENGINES

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

MORE ON SWARAJ ENGINES

SWARAJ ENGINES - MOTHERSON SUMI COMPARISON

COMPARE SWARAJ ENGINES WITH

MARKET STATS