X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2018 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 (1QFY19); Net Profit Up 37.9%

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 (1QFY19); Net Profit Up 37.9%
Fri, 27 Jul

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

WABCO INDIA Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-17*
3
Mar-18*
3
Jun-18*
QoQ ChangeYoY Change
Net SalesRs m5,6617,8497,473-4.8%32.0%
Other incomeRs m10620025125.0%137.5%
TurnoverRs m5,7678,0497,724-4.0%33.9%
ExpensesRs m4,8716,7276,476-3.7%33.0%
Gross profitRs m7911,122997-11.1%26.1%
DepreciationRs m1521601610.4%5.8%
InterestRs m1120-100.0%-100.0%
Profit before taxRs m7431,1501,087-5.5%46.2%
TaxRs m201377339-10.2%68.7%
Profit after taxRs m542772748-3.2%37.9%
Gross profit margin%14.014.313.3
Effective tax rate%27.032.831.2
Net profit margin%9.49.69.7
* 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 grew 32.0% on a year-on-year (YoY) basis. The expenses were up by 33.0% YoY during the same period.
  • The company's operating profit increased by 26.1% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 13.3% in 1QFY19 as against 14.0% in 1QFY18.
  • Depreciation charges and finance costs increased by 5.8% YoY and 100.0% YoY, respectively.
  • Other income increased by 137.5% YoY during the quarter.
  • Net profit for the quarter increased by 37.9% YoY. Net profit margins during the quarter increased from 9.4% in 1QFY18 to 9.7% in 1QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 4.8% 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 11.1% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 13.3% in 1QFY19 as against 14.3% in 4QFY18.
  • Net profit for the quarter declined by 3.2% QoQ, while net profit margins increased from 9.6% in 4QFY18 to 9.7% in 1QFY19.

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 5,417.8 to Rs 6,870.0, registering a Gain of Rs 1,452.2 or around 26.8%.

Overall, the S&P BSE SENSEX is up 0.7% over the year.

Current Valuations

At the current price of Rs 6,870.0, the price to earnings (P/E) ratio of WABCO INDIA stands at 44.4 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 (1QFY19); Net Profit Up 37.9%". Click here!

  

Related Views on News

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.

WABCO INDIA Announces Quarterly Results (4QFY18); Net Profit Up 55.7% (Quarterly Result Update)

May 29, 2018 | Updated on May 29, 2018

For the quarter ended March 2018, WABCO INDIA has posted a net profit of Rs 772 m (up 55.7% YoY). Sales on the other hand came in at Rs 8 bn (up 24.3% 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

4 Rebound Stocks to Profit from the Current Small Cap Crash(Profit Hunter)

Dec 3, 2018

Indian small cap space is offering a discount season. Make sure you do not get too late to scoop up the bargains.

It's Almost the Perfect Time to Buy This Safe Stock(The 5 Minute Wrapup)

Dec 6, 2018

My latest StockSelect recommendation ticks all the boxes of a great safe stock.

Looking For Higher Interest Rates on Bank FDs? Read This!(Outside View)

Dec 5, 2018

Credit disbursement to the productive sectors of the economy such as infrastructure, engineering, food processing, textiles, and chemicals, among others is rising.

Are Foreign Investors Heading Back to the Indian Stock Markets?(Chart Of The Day)

Dec 3, 2018

After months of heavy FII selling, November witnessed a return on foreign money into Indian equities...

DSP Mutual Fund's Sale of DHFL Bonds: Here's What You Need to Know(Outside View)

Dec 5, 2018

PersonalFN explains the probable reason as to why the capital market regulator has initiated DSP Mutual Fund's bond sale that caused DHFL stock to crash.

More

Small Investments
BIG Returns

Zero To Millions Guide 2019
Get our special report, Zero To Millions
(2019 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

WABCO INDIA SHARE PRICE


Dec 14, 2018 02:59 PM

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