Sunil Hitech Engineers Q4FY17 standalone net profit declines 48.18% yoy

India Infoline Research Team | May 20, 2017 10:36 IST

Sunil Hitech Engineers Ltd Q4FY17

Standalone Results Q4FY17: (Rs. in crore)

Q4FY17 YoY (%)
Revenue 618.2 22.3
EDITDA 62 9.7
EBITDA Margin (%) 10 [114]
Net Profit (adjusted) 7.1 [48.2]
***EBITDA margin change is bps
View

Accumulate

Reco. Price

15

Last updated on

17-May-2017




Sunil Hitech ltd standalone revenue for the quarter came in at Rs. 618.2 crore, registering 22.3% yoy increase.

EBITDA for the quarter rose by 9.7% yoy to Rs. 62.0 crore with a corresponding margin contraction of 114 bps. EBITDA margin for the quarter stood at 10%. This margin contraction was aided by adverse movements in inventories.
 
The PAT for the quarter came in at Rs. 7.1 crore, yoy decline of 48.2%.
 
Looking at the full year numbers, we see that revenue jumped by 14% to reach Rs.2089.7 crore while EBITDA rose by 11% to 229.2 crore.
 
Company reported net profit of Rs.47 crore, down 2% yoy


Technical View:

Sunil Hitech Engineers Ltd ended at Rs. 14.38, down by 0.27 points or 1.84% from its previous closing of Rs. 14.65 on the BSE.
The scrip opened at Rs. 15.05 and touched a high and low of Rs. 15.05 and Rs. 14 respectively. A total of 2974607(NSE+BSE) shares were traded on the counter. The stock traded below its 200 DMA.

BSE 13.59 0.53 (4.06%)
NSE 13.45 0.45 (3.46%)

***Note: This is a NSE Chart

Disclaimer: The contents herein is specifically prepared by ‘Dalal Street Investment Journal’, and is for your information & personal consumption only. India Infoline Limited or Dalal Street Investment Journal do not guarantee the accuracy, correctness, completeness or reliability of information contained herein and shall not be held responsible.

 

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.