WABCO INDIA Announces Quarterly Results (2QFY20); Net Profit Down 64.6%

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 (2QFY20); Net Profit Down 64.6%
Fri, 8 Nov

WABCO INDIA has announced its results for the quarter ended September 2019. Here is a detailed performance review of the same:

WABCO INDIA Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-18*
3
Jun-19*
3
Sep-19*
QoQ ChangeYoY Change
Net SalesRs m7,4282,1764,460105.0%-40.0%
Other incomeRs m2578114681.0%-43.2%
TurnoverRs m7,6852,2574,606104.1%-40.1%
ExpensesRs m6,1972,0283,93494.0%-36.5%
Gross profitRs m1,231149526254.4%-57.2%
DepreciationRs m16964209228.6%23.4%
InterestRs m0576-90.2%0.0%
Profit before taxRs m1,319109458320.1%-65.3%
TaxRs m36436119234.3%-67.2%
Profit after taxRs m95573339361.8%-64.6%
Gross profit margin%16.66.811.8
Effective tax rate%27.632.826.1
Net profit margin%12.43.27.4
* 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 fell 40.0% on a year-on-year (YoY) basis. The expenses were down by 36.5% YoY during the same period.
  • The company's operating profit declined by 57.2% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 11.8% in 2QFY20 as against 16.6% in 2QFY19.
  • Depreciation charges increased by 23.4% and finance costs increased by 0.0% YoY, respectively.
  • Other income declined by 43.2% YoY during the quarter.
  • Net profit for the quarter declined by 64.6% YoY. Net profit margins during the quarter declined from 12.4% in 2QFY19 to 7.4% in 2QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 105.0% on a quarter-on-quarter (QoQ) basis. The expenses were up by 94.0% QoQ during the same period.
  • The company's operating profit increased by 254.4% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 11.8% in 2QFY20 as against 6.8% in 1QFY19.
  • Net profit for the quarter increased by 361.8% QoQ, while net profit margins increased from 3.2% in 1QFY19 to 7.4% in 2QFY20.

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

FREE REPLAY: Discover What Richa Revealed in Her Smallcaps Summit

WABCO INDIA Share Price Performance

Over the last one year,WABCO INDIA share price has moved down from Rs 6,840.0 to Rs 6,175.5, registering a Loss of Rs 664.5 or around 9.7%.

Overall, the S&P BSE SENSEX is up 15.1% over the year.

Current Valuations

At the current price of Rs 6,175.5, the price to earnings (P/E) ratio of WABCO INDIA stands at 76.5 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 6.6 times.

Equitymaster requests your view! Post a comment on "WABCO INDIA Announces Quarterly Results (2QFY20); Net Profit Down 64.6%". Click here!

  

Related Views on News

WABCO INDIA 2020-21 Annual Report Analysis (Annual Result Update)

Oct 21, 2021 | Updated on Oct 21, 2021

Here's an analysis of the annual report of WABCO INDIA for 2020-21. It includes a full income statement, balance sheet and cash flow analysis of WABCO INDIA. Also includes updates on the valuation of WABCO INDIA.

WABCO INDIA Announces Quarterly Results (3QFY21); Net Profit Up 35.5% (Quarterly Result Update)

Feb 11, 2021 | Updated on Feb 11, 2021

For the quarter ended December 2020, WABCO INDIA has posted a net profit of Rs 524 m (up 35.5% YoY). Sales on the other hand came in at Rs 6 bn (up 28.5% YoY). Read on for a complete analysis of WABCO INDIA's quarterly results.

WABCO INDIA Announces Quarterly Results (2QFY21); Net Profit Up 3.7% (Quarterly Result Update)

Oct 29, 2020 | Updated on Oct 29, 2020

For the quarter ended September 2020, WABCO INDIA has posted a net profit of Rs 351 m (up 3.7% YoY). Sales on the other hand came in at Rs 4 bn (down 6.1% YoY). Read on for a complete analysis of WABCO INDIA's quarterly results.

More Views on News

Most Popular

Infosys vs TCS: Which is Better?(Views On News)

Nov 26, 2021

In the post pandemic era, the top two IT companies in India are fighting to capture the growing demand for IT.

This Multibagger Stock Zooms 20% After Dolly Khanna Buys Stake(Views On News)

Nov 24, 2021

Shares of this edible oil company zoomed over 50% in three days after ace investor bought around 1% stake.

How to Hit Rs 100 Crore Wealth in Your Lifetime(Equitymaster Wealth)

Nov 15, 2021

This is how you can achieve the ambitious goal of a net worth of Rs 100 crore.

Don't Sell these Stocks if the Market Falls(Profit Hunter)

Nov 17, 2021

These are the 3 types of stocks that you should not sell in a market crash.

MobiKwik IPO Opens for Subscription Soon. Key Things to Know Before Subscribing.(Views On News)

Nov 20, 2021

The Rs 19 bn issue is set to hit the market soon.

More

Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

WABCO INDIA SHARE PRICE


Nov 26, 2021 (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 - SAR AUTO PRODUCTS COMPARISON

COMPARE WABCO INDIA WITH

MARKET STATS