VOLTAMP TRANSFORMERS Announces Quarterly Results (4QFY20); Net Profit Down 64.1%

Thu, 11 Jun

VOLTAMP TRANSFORMERS has announced its results for the quarter ended March 2020. 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 fell 13.0% on a year-on-year (YoY) basis. The expenses were down by 15.7% YoY during the same period.
• The company's operating profit increased by 4.2% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 15.9% in 4QFY20 as against 13.3% in 4QFY19.
• Depreciation charges increased by 23.7% and finance costs increased by 0.0% YoY, respectively.
• Other income declined by 205.6% YoY during the quarter.
• Net profit for the quarter declined by 64.1% YoY. Net profit margins during the quarter declined from 11.8% in 4QFY19 to 5.5% in 4QFY20.

Quarter-on-Quarter Performance:

• The company's operating income during the quarter fell 10.5% on a quarter-on-quarter (QoQ) basis. The expenses were down by 14.4% QoQ during the same period.
• The company's operating profit increased by 17.8% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 15.9% in 4QFY20 as against 12.1% in 3QFY19.
• Net profit for the quarter declined by 67.1% QoQ, while net profit margins declined from 13.3% in 3QFY19 to 5.5% in 4QFY20.

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

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VOLTAMP TRANSFORMERS Share Price Performance

Over the last one year,VOLTAMP TRANSFORMERS share price has moved down from Rs 1,226.2 to Rs 994.8, registering a Loss of Rs 231.4 or around 18.9%.

Meanwhile, the S&P BSE CAPITAL GOODS Index is trading at Rs 12,862.7 (up 0.0%). Over the last one year it has moved down from 19,687.3 to 12,862.7, a loss of 6,825 points (down 34.7%).

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

Current Valuations

At the current price of Rs 994.8, the price to earnings (P/E) ratio of VOLTAMP TRANSFORMERS stands at 11.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.5 times.