Setco Automotive Q4FY17 standalone net profit declines 31.3% yoy

India Infoline Research Team | May 31, 2017 08:44 IST

Setco Automotive Ltd Q4FY17

Standalone Results Q4FY17: (Rs. in crore)

Q4FY17 YoY (%)
Revenue 185 [0.5]
EDITDA 36 [14.3]
EBITDA Margin (%) 19.5 [312]
Net Profit (adjusted) 11 [31.3]
***EBITDA margin change is bps
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Reco. Price

40

Last updated on

22-May-2017


Setco automotive standalone revenue for the quarter came in at Rs. 185 crore, registering 0.5% yoy decline.
 
 
EBITDA for the quarter fell by 14.3% yoy to Rs. 36 crore with a corresponding margin contraction of 312 bps. EBITDA margin for the quarter stood at 19.5%.
 
The PAT for the quarter came in at Rs. 11 crore, yoy decline of 31.3%.
 
Looking at the full year numbers, we see that revenue jumped by 1% to reach Rs.543 crore while EBITDA fell by 8% to 98.31 crore. Company reported net profit of Rs.19.2 crore, down 43% yoy
 


Technical View:

Setco Automotive Ltd ended at Rs. 39.4, down by 1.7 points or 4.14% from its previous closing of Rs. 41.1 on the BSE.
The scrip opened at Rs. 40.5 and touched a high and low of Rs. 41 and Rs. 39.25 respectively. A total of 221389(NSE+BSE) shares were traded on the counter. The stock traded below its 200 DMA.

BSE 55.45 1.90 (3.55%)
NSE 55.45 1.95 (3.64%)

***Note: This is a NSE Chart

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