X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
THERMAX Announces Quarterly Results (4QFY19); Net Profit Up 37.0%

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?  

THERMAX Announces Quarterly Results (4QFY19); Net Profit Up 37.0%
Mon, 27 May

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

THERMAX Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m14,43014,36620,73744.3%43.7%
Other incomeRs m45031352065.8%15.6%
TurnoverRs m14,88014,67921,25644.8%42.9%
ExpensesRs m13,04813,29319,02943.2%45.8%
Gross profitRs m1,3821981,688752.3%22.1%
DepreciationRs m2392302477.5%3.1%
InterestRs m373635-2.8%-4.9%
Profit before taxRs m1,5552461,925683.3%23.8%
TaxRs m626-5126534.3%
Profit after taxRs m9297571,27368.0%37.0%
Gross profit margin%9.61.48.1
Effective tax rate%40.3-208.133.9
Net profit margin%6.25.26.0
* 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 43.7% on a year-on-year (YoY) basis. The expenses were up by 45.8% YoY during the same period.
  • The company's operating profit increased by 22.1% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 8.1% in 4QFY19 as against 9.6% in 4QFY18.
  • Depreciation charges increased by 3.1% and finance costs declined by 4.9% YoY, respectively.
  • Other income increased by 15.6% YoY during the quarter.
  • Net profit for the quarter increased by 37.0% YoY. Net profit margins during the quarter declined from 6.2% in 4QFY18 to 6.0% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 44.3% on a quarter-on-quarter (QoQ) basis. The expenses were up by 43.2% QoQ during the same period.
  • The company's operating profit increased by 752.3% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 8.1% in 4QFY19 as against 1.4% in 3QFY18.
  • Net profit for the quarter increased by 68.0% QoQ, while net profit margins increased from 5.2% in 3QFY18 to 6.0% in 4QFY19.

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

THERMAX Share Price Performance

Over the last one year, THERMAX share price has moved up from Rs 1,116.8 to Rs 1,020.6, registering a Loss of Rs 96.2 or around 8.6%.

Meanwhile, the S&P BSE CAPITAL GOODS Index is trading at Rs 20,011.9 (up 1.7%). Over the last one year it has moved up from 18,605.1 to 20,011.9, a gain of 1,407 points (up 7.6%).

Overall, the S&P BSE SENSEX is up 14.2% over the year.

Current Valuations

At the current price of Rs 1,020.6, the price to earnings (P/E) ratio of THERMAX stands at 37.2 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 4.5 times.

Equitymaster requests your view! Post a comment on "THERMAX Announces Quarterly Results (4QFY19); Net Profit Up 37.0%". Click here!

  

Related Views on News

THERMAX LTD Announces Quarterly Results (3QFY19); Net Profit Up 29.9% (Quarterly Result Update)

Feb 11, 2019 | Updated on Feb 11, 2019

For the quarter ended December 2018, THERMAX LTD has posted a net profit of Rs 757 m (up 29.9% YoY). Sales on the other hand came in at Rs 14 bn (up 28.6% YoY). Read on for a complete analysis of THERMAX LTD's quarterly results.

THERMAX LTD Announces Quarterly Results (2QFY19); Net Profit Up 29.5% (Quarterly Result Update)

Nov 16, 2018 | Updated on Nov 16, 2018

For the quarter ended September 2018, THERMAX LTD has posted a net profit of Rs 748 m (up 29.5% YoY). Sales on the other hand came in at Rs 14 bn (up 38.2% YoY). Read on for a complete analysis of THERMAX LTD's quarterly results.

THERMAX LTD 2017-18 Annual Report Analysis (Annual Result Update)

Aug 17, 2018 | Updated on Aug 17, 2018

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

Garden Reach Shipbuilders and Engineers Ltd: Is This PSU Shipbuilder Worth Betting On? (IPO)

Sep 24, 2018

Should you apply for the IPO of Garden Reach Shipbuilders and Engineers Ltd?

H.G Infra Engineering Ltd. (IPO)

Feb 24, 2018

Should you subscribe to the IPO of H.G Infra Engineering Ltd.?

More Views on News

Most Popular

I Believe this is the Best Stock to Buy Today(Profit Hunter)

Jul 3, 2019

The languishing small cap space is currently offering a very fertile market to pick up bargains at very attractive prices. This is a perfect opportunity ripe for the picking.

These 3 Smallcap Stocks are Set to Make the Most of Smallcap Rebound(Profit Hunter)

Jul 9, 2019

As the sense of normalcy returns to the markets, the rebound in the quality smallcaps could be huge.

2 Stocks from Super Investor Sanjay Bakshi's Portfolio You Can Bet On...(The 5 Minute Wrapup)

Jul 12, 2019

Despite the current fear prevailing in the markets, both these stocks have the potential to deliver in 4-5 years.

After Disappointing Budget, Here's a Document that Concerns Largecap and Smallcap Investors(The 5 Minute Wrapup)

Jul 8, 2019

A new 'definition' of the stock universe that triggered the smallcap sell-off is back with the latest list...

Union Budget 2019-2020: More Style Over Substance(The 5 Minute Wrapup)

Jul 5, 2019

Did the Union Budget announce measures to stimulate the economy and bolster corporate earnings growth?

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

THERMAX SHARE PRICE


Jul 16, 2019 11:49 AM

TRACK THERMAX

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

COMPARE THERMAX WITH

MARKET STATS