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.
WABCO INDIA Announces Quarterly Results (2QFY19); Net Profit Up 23.1%

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?  

WABCO INDIA Announces Quarterly Results (2QFY19); Net Profit Up 23.1%
Mon, 12 Nov

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

WABCO INDIA Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m6,0987,4737,428-0.6%21.8%
Other incomeRs m1392512572.6%84.5%
TurnoverRs m6,2377,7247,685-0.5%23.2%
ExpensesRs m5,0716,4766,197-4.3%22.2%
Gross profitRs m1,0279971,23123.5%19.9%
DepreciationRs m1521611695.1%11.3%
InterestRs m2000.0%-100.0%
Profit before taxRs m1,0121,0871,31921.4%30.4%
TaxRs m2363393647.3%54.2%
Profit after taxRs m77674895527.8%23.1%
Gross profit margin%16.813.316.6
Effective tax rate%23.331.227.6
Net profit margin%12.49.712.4
* 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 21.8% on a year-on-year (YoY) basis. The expenses were up by 22.2% YoY during the same period.
  • The company's operating profit increased by 19.9% YoY during the quarter. Consequently, operating profit margins remained same and stood at 16.6% in 2QFY19.
  • Depreciation charges increased by 11.3% and finance costs declined by 100.0% YoY, respectively.
  • Other income increased by 84.5% YoY during the quarter.
  • Net profit for the quarter increased by 23.1% YoY. Net profit margins during the quarter declined from 12.4% in 2QFY18 to 12.4% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 0.6% on a quarter-on-quarter (QoQ) basis. The expenses were down by 4.3% QoQ during the same period.
  • The company's operating profit increased by 23.5% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 16.6% in 2QFY19 as against 13.3% in 1QFY18.
  • Net profit for the quarter increased by 27.8% QoQ, while net profit margins increased from 9.7% in 1QFY18 to 12.4% in 2QFY19.

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

WABCO INDIA Share Price Performance

Over the last one year, WABCO INDIA share price has moved up from Rs 6,747.0 to Rs 6,874.2, registering a Gain of Rs 127.2 or around 1.9%.

Overall, the S&P BSE SENSEX is up 5.7% over the year.

Current Valuations

At the current price of Rs 6,874.2, the price to earnings (P/E) ratio of WABCO INDIA stands at 41.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 8.5 times.

Equitymaster requests your view! Post a comment on "WABCO INDIA Announces Quarterly Results (2QFY19); Net Profit Up 23.1%". Click here!

  

Related Views on News

WABCO INDIA Announces Quarterly Results (3QFY19); Net Profit Down 6.3% (Quarterly Result Update)

Jan 31, 2019 | Updated on Jan 31, 2019

For the quarter ended December 2018, WABCO INDIA has posted a net profit of Rs 598 m (down 6.3% YoY). Sales on the other hand came in at Rs 7 bn (up 7.7% YoY). Read on for a complete analysis of WABCO INDIA's quarterly results.

WABCO INDIA Announces Quarterly Results (1QFY19); Net Profit Up 37.9% (Quarterly Result Update)

Jul 27, 2018 | Updated on Jul 27, 2018

For the quarter ended June 2018, WABCO INDIA has posted a net profit of Rs 748 m (up 37.9% YoY). Sales on the other hand came in at Rs 7 bn (up 32.0% YoY). Read on for a complete analysis of WABCO INDIA's quarterly results.

Sandhar Technologies IPO: Worth Betting on This Automotive Component Manufacturer? (IPO)

Mar 17, 2018

Should you subscribe to the IPO of Sandhar Technologies Ltd?

More Views on News

Most Popular

Stocks that Could Be Out of Reach Post Elections(The 5 Minute Wrapup)

Apr 9, 2019

It's a matter of time before the stocks catch the fancy of the markets and big investors.

3 Indian Stocks with Amazon-Like Potential(Profit Hunter)

Apr 10, 2019

We have identified 3 stocks with huge wealth building potential which meet our 'Click of a Button' criteria.

This Company is Making a Big Comeback and You Can Now Profit from Its Example(The 5 Minute Wrapup)

Apr 10, 2019

How Dell got its mojo back.

This is Why the Stock of Jubilant FoodWorks Went Up 1,160%(The 5 Minute Wrapup)

Apr 12, 2019

This critical business strategy has enabled companies to scale their operations faster.

Pocketing Massive Gains with HDFC And HDFC Bank(Profit Hunter)

Apr 12, 2019

Here's how one could have generated gains of Rs 59,250 in 10 days by trading HDFC and HDFC Bank with a capital of Rs 4 lakh.

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

WABCO INDIA SHARE PRICE


Apr 18, 2019 (Close)

TRACK WABCO INDIA

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

WABCO INDIA 5-YR ANALYSIS

COMPARE WABCO INDIA WITH

MARKET STATS