SUNDARAM CLAYTON Announces Quarterly Results (1QFY19); Net Profit Down 284.3%
Fri, 10 Aug

SUNDARAM CLAYTON has announced its results for the quarter ended June 2018. Here is a detailed performance review of the same:

SUNDARAM CLAYTON Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-17*
3
Mar-18*
3
Jun-18*
QoQ ChangeYoY Change
Net SalesRs m4,0244,5364,6873.3%16.5%
Other incomeRs m1736850-86.5%190.6%
TurnoverRs m4,0414,9054,737-3.4%17.2%
ExpensesRs m3,9154,1494,3234.2%10.4%
Gross profitRs m108387365-5.8%236.4%
DepreciationRs m1642022030.6%24.0%
InterestRs m09112638.6%0.0%
Profit before taxRs m-3846385-81.6%
TaxRs m0-520150.0%
Profit after taxRs m-3898370-92.9%
Gross profit margin%2.78.57.8
Effective tax rate%0.0-112.517.6
Net profit margin%-0.920.01.5
* 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 grew 16.5% on a year-on-year (YoY) basis. The expenses were up by 10.4% YoY during the same period.
  • The company's operating profit increased by 236.4% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 7.8% in 1QFY19 as against 2.7% in 1QFY18.
  • Depreciation charges and finance costs increased by 24.0% YoY and 0.0% YoY, respectively.
  • Other income increased by 190.6% YoY during the quarter.
  • Net profit for the quarter declined by 284.3% YoY. Net profit margins during the quarter increased from -0.9% in 1QFY18 to 1.5% in 1QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 3.3% on a quarter-on-quarter (QoQ) basis. The expenses were up by 4.2% QoQ during the same period.
  • The company's operating profit declined by 5.8% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 7.8% in 1QFY19 as against 8.5% in 4QFY18.
  • Net profit for the quarter declined by 92.9% QoQ, while net profit margins declined from 20.0% in 4QFY18 to 1.5% in 1QFY19.

To see how SUNDARAM CLAYTON has performed over the last eight quarters, please visit here.

SUNDARAM CLAYTON Share Price Performance

Over the last one year, SUNDARAM CLAYTON share price has moved up from Rs 4,350.5 to Rs 3,973.0, registering a Loss of Rs 377.5 or around 8.7%.

Overall, the S&P BSE SENSEX is up 19.1% over the year.

Current Valuations

At the current price of Rs 3,973.0, the price to earnings (P/E) ratio of SUNDARAM CLAYTON stands at 458.5 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 16.1 times.