TVS SRICHAKRA Announces Quarterly Results (2QFY19); Net Profit Down 26.3%

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?  

TVS SRICHAKRA Announces Quarterly Results (2QFY19); Net Profit Down 26.3%
Tue, 20 Nov

TVS SRICHAKRA has announced its results for the quarter ended September 2018. Here is a detailed performance review of the same:

TVS SRICHAKRA Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m5,6755,8786,3187.5%11.3%
Other incomeRs m20747539.2%137.7%
TurnoverRs m5,6955,8866,3658.1%11.8%
ExpensesRs m4,8785,1325,66310.4%16.1%
Gross profitRs m797747655-12.3%-17.8%
DepreciationRs m1781992021.6%13.1%
InterestRs m707060-14.7%-14.4%
Profit before taxRs m568485440-9.3%-22.5%
TaxRs m167146145-0.7%-13.6%
Profit after taxRs m401340296-12.9%-26.3%
Gross profit margin%14.012.710.4
Effective tax rate%29.430.032.8
Net profit margin%7.05.84.6
* 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 11.3% on a year-on-year (YoY) basis. The expenses were up by 16.1% YoY during the same period.
  • The company's operating profit declined by 17.8% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 10.4% in 2QFY19 as against 14.0% in 2QFY18.
  • Depreciation charges increased by 13.1% and finance costs declined by 14.4% YoY, respectively.
  • Other income increased by 137.7% YoY during the quarter.
  • Net profit for the quarter declined by 26.3% YoY. Net profit margins during the quarter declined from 7.0% in 2QFY18 to 4.6% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 7.5% on a quarter-on-quarter (QoQ) basis. The expenses were up by 10.4% QoQ during the same period.
  • The company's operating profit declined by 12.3% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 10.4% in 2QFY19 as against 12.7% in 1QFY18.
  • Net profit for the quarter declined by 12.9% QoQ, while net profit margins declined from 5.8% in 1QFY18 to 4.6% in 2QFY19.

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

TVS SRICHAKRA Share Price Performance

Over the last one year, TVS SRICHAKRA share price has moved up from Rs 3,325.8 to Rs 2,604.0, registering a Loss of Rs 721.8 or around 21.7%.

Overall, the S&P BSE SENSEX is up 6.3% over the year.

Current Valuations

At the current price of Rs 2,604.0, the price to earnings (P/E) ratio of TVS SRICHAKRA stands at 16.2 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.1 times.

Equitymaster requests your view! Post a comment on "TVS SRICHAKRA Announces Quarterly Results (2QFY19); Net Profit Down 26.3%". Click here!

  

Related Views on News

TVS SRICHAKRA 2018-19 Annual Report Analysis (Annual Result Update)

Aug 19, 2019 | Updated on Aug 19, 2019

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

TVS SRICHAKRA 2017-18 Annual Report Analysis (Annual Result Update)

Dec 20, 2018 | Updated on Dec 20, 2018

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

More Views on News

Most Popular

The Smartest Stock to Buy for 2020(Profit Hunter)

Nov 14, 2019

Small-cap stocks are selling at bargain prices today and are poised to generate a lot of wealth in 2020 and beyond...

A Trade that Could Generate Profits for Decades

Nov 14, 2019

India's #1 trader is back on the Investor Hour. Vijay Bhambwani talks to us about his super-profitable trading system and shares with us his #1 long term trade. Listen in...

The One Trade I'm Most Bullish on Now

Nov 12, 2019

A highly specific trade to potentially triple your money in just three months. You won't find this information anywhere else!

How the Modi Government is Helping My Top 7 Stocks(The 5 Minute Wrapup)

Nov 14, 2019

Recent reforms by the Modi government can give a big boost on your stocks, provided you buy the right ones.

I Think Nestle, HUL, and Asian Paints Could Give Low Returns(Profit Hunter)

Nov 15, 2019

If you think high quality stocks will continue their dream run forever, then you must read this now.

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

TVS SRICHAKRA SHARE PRICE


Nov 22, 2019 (Close)

TRACK TVS SRICHAKRA

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

TVS SRICHAKRA 8-QTR ANALYSIS

COMPARE TVS SRICHAKRA WITH

MARKET STATS