Salzer Electronics Q1FY18 standalone net profit declines 4.7% yoy

India Infoline Research Team | September 09, 2017 12:38 IST

Salzer Electronics Ltd Q1FY18

Standalone Results Q1FY18: (Rs. in crore)

Q1FY18 YoY (%)
Revenue 115.1 15.8
EBITDA 13.2 [2.2]
EBITDA Margin (%) 11.5 [211]
Net Profit (adjusted) 4.1 [4.7]
***EBITDA margin change is bps
View

Accumulate

Reco. Price

190.7

Last updated on

04-Sep-2017



Salzer Electronics Ltd standalone revenue for the quarter came in at Rs. 115.1 crore, registering 15.8% yoy increase.
 
EBITDA for the quarter fell by 2.2% yoy to Rs. 13.2 crore with a corresponding margin contraction of 211 bps. EBITDA margin for the quarter stood at 11.5%. This margin contraction was driven by 6% yoy increase in cost of raw materials consumed.

The PAT for the quarter came in at Rs. 4.1 crore, yoy decline of 4.7%. This was due to 18.2% yoy increase in interest expenses.


Technical View:

Salzer Electronics Ltd ended at Rs. 189.80, down by 1.7 points or 0.89% from its previous closing of Rs. 191.50 on the BSE.
The scrip opened at Rs. 191 and touched a high and low of Rs. 195.40 and Rs. 188.10 respectively. A total of 40,522(NSE+BSE) shares were traded on the counter. The stock traded above its 100 DMA.

BSE 184.35 1.95 (1.07%)
NSE 183.50 1.65 (0.91%)

***Note: This is a NSE Chart

 

Advertisements

  • Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
  • Now Save Rs.3150 on your Demat Account ...Click here
  • Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
  • Get the most detailed result analysis on the web - Real Fast!
  • Actionable & Award-Winning Research on 500 Listed Indian Companies.