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

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?  

Markets will remain closed on 21st April, 2021 on account of Ram Navami.

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

No. of Mths
Qtr. Ending
3
Mar-19*
3
Dec-19*
3
Mar-20*
QoQ ChangeYoY Change
Net SalesRs m2,5882,5132,250-10.5%-13.0%
Other incomeRs m138126-146-216.0%-205.6%
TurnoverRs m2,7262,6392,104-20.3%-22.8%
ExpensesRs m2,2442,2091,892-14.4%-15.7%
Gross profitRs m34430435817.8%4.2%
DepreciationRs m2124266.2%23.7%
InterestRs m0000.0%0.0%
Profit before taxRs m461405186-54.0%-59.5%
TaxRs m139557129.1%-48.9%
Profit after taxRs m322350115-67.1%-64.1%
Gross profit margin%13.312.115.9
Effective tax rate%30.213.638.1
Net profit margin%11.813.35.5
* 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 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.

LIVE on April 23rd: Has Covid impacted India's long-term growth potential?

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.

Equitymaster requests your view! Post a comment on "VOLTAMP TRANSFORMERS Announces Quarterly Results (4QFY20); Net Profit Down 64.1%". Click here!

  

Related Views on News

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

Sep 29, 2020

Should you bet on this public sector defence shipbuilder?

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

Feb 17, 2020 | Updated on Feb 17, 2020

For the quarter ended December 2019, VOLTAMP TRANSFORMERS has posted a net profit of Rs 350 m (up 57.6% YoY). Sales on the other hand came in at Rs 3 bn (up 16.8% YoY). Read on for a complete analysis of VOLTAMP TRANSFORMERS's quarterly results.

VOLTAMP TRANSFORMERS Announces Quarterly Results (1QFY20); Net Profit Up 12.3% (Quarterly Result Update)

Aug 20, 2019 | Updated on Aug 20, 2019

For the quarter ended June 2019, VOLTAMP TRANSFORMERS has posted a net profit of Rs 169 m (up 12.3% YoY). Sales on the other hand came in at Rs 2 bn (up 12.9% YoY). Read on for a complete analysis of VOLTAMP TRANSFORMERS's quarterly results.

VOLTAMP TRANSFORMERS 2018-19 Annual Report Analysis (Annual Result Update)

Jul 22, 2019 | Updated on Jul 22, 2019

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

More Views on News

Most Popular

India: Recovery Stalled by Vaccine Games?(The Honest Truth)

Apr 13, 2021

Ajit Dayal on how India's vaccine strategy will impact the markets.

A Stock with 700% Return Potential Comes with Additional Payoffs(Profit Hunter)

Apr 15, 2021

Narayana Murthy was one of the first unicorn founders to get the backing of this entity...

11x Bankruptcy to Bluechip Stock: A Rare India Revival Story(Profit Hunter)

Apr 16, 2021

There is no stopping this 11-bagger stock from significant upside.

Top 3 Nifty ETFs to Buy Now(Fast Profits Daily)

Apr 20, 2021

In this video I tell you the three Nifty ETFs I think are the best.

Why Did the Market Crash on Monday?(Fast Profits Daily)

Apr 13, 2021

In this video, I'll you what I think is the real reason behind yesterday's market crash.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

VOLTAMP TRANSFORMERS SHARE PRICE


Apr 20, 2021 (Close)

TRACK VOLTAMP TRANSFORMERS

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

MORE ON VOLTAMP TRANSFORMERS

VOLTAMP TRANSFORMERS - ABB INDIA COMPARISON

COMPARE VOLTAMP TRANSFORMERS WITH

MARKET STATS