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 (4QFY19); Net Profit Down 32.5%

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 (4QFY19); Net Profit Down 32.5%
Mon, 27 May

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

WABCO INDIA Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m7,8496,9996,629-5.3%-15.5%
Other incomeRs m2009713236.0%-34.0%
TurnoverRs m8,0497,0966,761-4.7%-16.0%
ExpensesRs m6,7275,9945,775-3.7%-14.1%
Gross profitRs m1,1221,005854-15.1%-23.9%
DepreciationRs m16017720716.6%29.0%
InterestRs m12000.0%-100.0%
Profit before taxRs m1,150925779-15.8%-32.2%
TaxRs m377327258-21.0%-31.6%
Profit after taxRs m772598521-12.9%-32.5%
Gross profit margin%14.314.412.9
Effective tax rate%32.835.333.1
Net profit margin%9.68.47.7
* 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 15.5% on a year-on-year (YoY) basis. The expenses were down by 14.1% YoY during the same period.
  • The company's operating profit declined by 23.9% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 12.9% in 4QFY19 as against 14.3% in 4QFY18.
  • Depreciation charges increased by 29.0% and finance costs declined by 100.0% YoY, respectively.
  • Other income declined by 34.0% YoY during the quarter.
  • Net profit for the quarter declined by 32.5% YoY. Net profit margins during the quarter declined from 9.6% in 4QFY18 to 7.7% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 5.3% on a quarter-on-quarter (QoQ) basis. The expenses were down by 3.7% QoQ during the same period.
  • The company's operating profit declined by 15.1% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 12.9% in 4QFY19 as against 14.4% in 3QFY18.
  • Net profit for the quarter declined by 12.9% QoQ, while net profit margins declined from 8.4% in 3QFY18 to 7.7% in 4QFY19.

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 7,336.2 to Rs 6,198.0, registering a Loss of Rs 1,138.2 or around 15.5%.

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

Current Valuations

At the current price of Rs 6,198.0, the price to earnings (P/E) ratio of WABCO INDIA stands at 41.7 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 7.7 times.

Equitymaster requests your view! Post a comment on "WABCO INDIA Announces Quarterly Results (4QFY19); Net Profit Down 32.5%". 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 (2QFY19); Net Profit Up 23.1% (Quarterly Result Update)

Nov 12, 2018 | Updated on Nov 12, 2018

For the quarter ended September 2018, WABCO INDIA has posted a net profit of Rs 955 m (up 23.1% YoY). Sales on the other hand came in at Rs 7 bn (up 21.8% 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

These 3 Smallcap Stocks are Set to Make the Most of Smallcap Rebound(Profit Hunter)

Jul 9, 2019

As the sense of normalcy returns to the markets, the rebound in the quality smallcaps could be huge.

2 Stocks from Super Investor Sanjay Bakshi's Portfolio You Can Bet On...(The 5 Minute Wrapup)

Jul 12, 2019

Despite the current fear prevailing in the markets, both these stocks have the potential to deliver in 4-5 years.

A One Stock Crorepati(Profit Hunter)

Jul 4, 2019

Do you wish you could become a crorepati in the stock market? Read on...

After Disappointing Budget, Here's a Document that Concerns Largecap and Smallcap Investors(The 5 Minute Wrapup)

Jul 8, 2019

A new 'definition' of the stock universe that triggered the smallcap sell-off is back with the latest list...

Union Budget 2019-2020: More Style Over Substance(The 5 Minute Wrapup)

Jul 5, 2019

Did the Union Budget announce measures to stimulate the economy and bolster corporate earnings growth?

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


Jul 17, 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 8-QTR ANALYSIS

COMPARE WABCO INDIA WITH

MARKET STATS