VOLTAMP TRANSFORMERS Announces Quarterly Results (3QFY20); Net Profit Up 57.6%

Mon, 17 Feb

VOLTAMP TRANSFORMERS has announced its results for the quarter ended December 2019. Here is a detailed performance review of the same:

VOLTAMP TRANSFORMERS Quarterly Financials

Year-on-Year Performance:

• The company's operating income during the quarter grew 16.8% on a year-on-year (YoY) basis. The expenses were up by 15.6% YoY during the same period.
• The company's operating profit increased by 26.0% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 12.1% in 3QFY20 as against 11.2% in 3QFY19.
• Depreciation charges increased by 24.0% and finance costs declined by 100.0% YoY, respectively.
• Other income increased by 31.0% YoY during the quarter.
• Net profit for the quarter increased by 57.6% YoY. Net profit margins during the quarter increased from 9.9% in 3QFY19 to 13.3% in 3QFY20.

Quarter-on-Quarter Performance:

• The company's operating income during the quarter grew 29.0% on a quarter-on-quarter (QoQ) basis. The expenses were up by 27.0% QoQ during the same period.
• The company's operating profit increased by 45.1% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 12.1% in 3QFY20 as against 10.8% in 2QFY19.
• Net profit for the quarter increased by 35.2% QoQ, while net profit margins increased from 12.6% in 2QFY19 to 13.3% in 3QFY20.

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

VOLTAMP TRANSFORMERS Share Price Performance

Over the last one year,VOLTAMP TRANSFORMERS share price has moved up from Rs 1,019.0 to Rs 1,380.0, registering a Gain of Rs 361.0 or around 35.4%.

Meanwhile, the S&P BSE CAPITAL GOODS Index is trading at Rs 16,558.6 (down 1.3%). Over the last one year it has moved up from 16,411.2 to 16,558.6, a gain of 147 points (up 0.9%).

Overall, the S&P BSE SENSEX is up 14.4% over the year.

Current Valuations

At the current price of Rs 1,380.0, the price to earnings (P/E) ratio of VOLTAMP TRANSFORMERS stands at 12.7 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.0 times.