Today's Top Gainer
Note:Top Gainer - Nifty 50 More
Performance for 12 months ended Mar 19
For 12 months ended Mar 19, net sales were up by 17% to Rs 594.4 crore. OPM was higher by 110 bps to 9.8% resulting in a 33% rise in OP to Rs 58.43 crore on YoY basis. Other income was higher by 201% to Rs 4.75 crore. Interest costs and depreciation was higher by 30% and 19% to Rs 21.97 crore and Rs 21.76 crore respectively. Thus profit at PBT level stood at Rs 19.45 crore as compared to profit of Rs 10.4 crore for FY 18. After paying total tax of Rs 7.02 crore, profit at PAT level for 12 months ended Mar 19 stood at Rs 12.43 crore up by 97% YoY.
In terms of approval of Board of directors in their meeting held on 9 October, 2018, the company on 10 May 2019 allotted 1163262 equity shares at a Price of Rs 105 per share including a premium of Rs Rs 95 per share to existing share holders on rights basis.
The proceeds from the rights issue has been utilised for the intended purpose.
The stock trades at Rs 69.
Bharat Gears: Results
|1906 (3)||1806 (3)||Var. (%)||1903 (12)||1803 (12)||Var. (%)|
|PBT after EO||-3.26||5.22||PL||19.45||9.24||110|
|EPS (Rs) *||#||#||13.4||7.6|
|*Annualised on ex-right equity of Rs 9.31 crore: |
#EPS can not be annualized due to seasonality in business
PL: Profit to Loss LP: Loss to profit, Var (%) exceeding 999 is restricted to 999
Face value of Rs 10 each
Figures in crore
Powered by Capital Market - Live News