Schaeffler India profit increases 24.81% in (Q4) FY 2020-21

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Team Infinities:

Schaeffler India Limited NSE Symbol:SCHAEFFLER, BSE Security Code:505790 has declared its 4th(fourth) quarter audited standalone financial report from the month of October, 2020 to the month of December, 2020; for the fiscal year 2020-21.

Revenue Reported by Schaeffler India Limited for Fourth Quarter FY, 2020-21
Current Quarter (October, 2020 - December, 2020) Previous Quarter (July, 2020 - September, 2020) Corresponding Quarter (October, 2019 - December, 2019) 12 Months Ended (January, 2020 - December, 2020) Corresponding 12 Months Ended (January, 2019 - December, 2019)
1289.28 1133.27 1057.12 3822.14 4423.84
Calculated Revenue of Schaeffler India Limited for Fourth Quarter FY, 2020-21
Current(December, 2020) VS Previous(September, 2020) Current(December, 2020) VS Corresponding(December, 2019) 12 months Ended(January, 2020 - December, 2020) VS Corresponding 12 months Ended(January, 2019 - December, 2019)
Change Change % Change Change % Change Change %
156.01 13.77%(Revenue Increase) 232.16 21.96%(Revenue Increase) 601.70 13.60%(Revenue Decrease)

Revenue: Schaeffler India Limited's financial report shows that the company's revenue increased by 13.77% in QoQ(Quarter on Quarter) / current quarter(October, 2020 - December, 2020) for revenue increase of Rs.156.01 crores, as the company posted revenue of Rs.1289.28 crores; in compare to previous quarter(July, 2020 - September, 2020) when the company reported revenue of Rs.1133.27 crores.
The result also shows that the company's revenue increased by 21.96% in YoY(Year over Year) / in current quarter(October, 2020 - December, 2020) for revenue increase of Rs.232.16 crores; in compare to corresponding quarter(October, 2019 - December, 2019) when the company posted revenue of Rs.1057.12 crores.
The company also reported that its revenue decreased by 13.60% in 12 months end(January, 2020 - December, 2020) for revenue decrease of Rs.601.70 crores, since the company reported revenue of Rs.3822.14 crores; in compare to corresponding 12 months end(January, 2019 - December. 2019) when the company posted revenue of Rs.4423.84 crores.

Gross Margin(%) Reported by Schaeffler India Limited for Fourth Quarter FY, 2020-21
Current Quarter (October, 2020 - December, 2020) Previous Quarter (July, 2020 - September, 2020) Corresponding Quarter (October, 2019 - December, 2019) 12 Months Ended (January, 2020 - December, 2020) Corresponding 12 Months Ended (January, 2019 - December, 2019)
33.54 58.14 64.03 40.76 37.67
Calculated Gross Margin(%) of Schaeffler India Limited for Fourth Quarter FY, 2020-21
Current(December, 2020) VS Previous(September, 2020) Current(December, 2020) VS Corresponding(December, 2019) 12 months Ended(January, 2020 - December, 2020) VS Corresponding 12 months Ended(January, 2019 - December, 2019)
Change Change % Change Change % Change Change %
24.61 42.32%(GM Decrease) 30.50 47.63%(GM Decrease) 3.09 8.19%(GM Increase)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM decreased by 42.32% in QoQ(Quarter on Quarter) / current quarter(October, 2020 - December, 2020) for 24.61% GM decrease, as the company reported 33.54% GM; in compare to previous quarter(July, 2020 - September, 2020) when the company reported 58.14% GM.
The result also indicates, the company's GM decreased by 47.63% in YoY(Year over Year) / in current quarter(October, 2020 - December, 2020) for 30.50% GM decrease; in compare to corresponding quarter(October, 2019 - December, 2019) when the company reported 64.03% GM.
The company also reported that its GM increased by 8.19% in 12 months end(January, 2020 - December, 2020) for 3.09% GM increase, since the company reported 40.76% GM; in compare to corresponding 12 months end(January, 2019 - December. 2019) when the company reported 37.67% GM.

EBITDA Reported by Schaeffler India Limited for Fourth Quarter FY, 2020-21
Current Quarter (October, 2020 - December, 2020) Previous Quarter (July, 2020 - September, 2020) Corresponding Quarter (October, 2019 - December, 2019) 12 Months Ended (January, 2020 - December, 2020) Corresponding 12 Months Ended (January, 2019 - December, 2019)
244.58 202.22 167.63 596.42 696.44
Calculated EBITDA of Schaeffler India Limited for Fourth Quarter FY, 2020-21
Current(December, 2020) VS Previous(September, 2020) Current(December, 2020) VS Corresponding(December, 2019) 12 months Ended(January, 2020 - December, 2020) VS Corresponding 12 months Ended(January, 2019 - December, 2019)
Change Change % Change Change % Change Change %
42.36 20.95%(EBITDA Increase) 76.95 45.90%(EBITDA Increase) 100.02 14.36%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA increased by 20.95% in QoQ(Quarter on Quarter) / current quarter(October, 2020 - December, 2020) for EBITDA increase of Rs.42.36 crores, as the company posted EBITDA of Rs.244.58 crores; in compare to previous quarter(July, 2020 - September, 2020) when the company reported EBITDA of Rs.202.22 crores.
The result also shows that the company's EBITDA increased by 45.90% in YoY(Year over Year) / in current quarter(October, 2020 - December, 2020) for EBITDA increase of Rs.76.95 crores; in compare to corresponding quarter(October, 2019 - December, 2019) when the company posted EBITDA of Rs.167.63 crores.
The company also reported that its EBITDA decreased by 14.36% in 12 months end(January, 2020 - December, 2020) for EBITDA decrease of Rs.100.02 crores, since the company reported EBITDA of Rs.596.42 crores; in compare to corresponding 12 months end(January, 2019 - December. 2019) when the company posted EBITDA of Rs.696.44 crores.

Profit and Loss Reported by Schaeffler India Limited for Fourth Quarter FY, 2020-21
Current Quarter (October, 2020 - December, 2020) Previous Quarter (July, 2020 - September, 2020) Corresponding Quarter (October, 2019 - December, 2019) 12 Months Ended (January, 2020 - December, 2020) Corresponding 12 Months Ended (January, 2019 - December, 2019)
141.62(Profit ) 113.47(Profit ) 84.55(Profit ) 290.97(Profit ) 367.64(Profit )
Calculated Profit and Loss of Schaeffler India Limited for Fourth Quarter FY, 2020-21
Current(December, 2020) VS Previous(September, 2020) Current(December, 2020) VS Corresponding(December, 2019) 12 months Ended(January, 2020 - December, 2020) VS Corresponding 12 months Ended(January, 2019 - December, 2019)
Change Change % Change Change % Change Change %
28.15 24.81%(Profit Increase) 57.07 67.50%(Profit Increase) 76.67 20.85%(Profit Decrease)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's profit increased by 24.81% in QoQ(Quarter on Quarter) / current quarter(October, 2020 - December, 2020) for profit increase of Rs.28.15 crores, as the company posted profit of Rs.141.62 crores; in compare to previous quarter(July, 2020 - September, 2020) when the company reported profit of Rs.113.47 crores.
The result also shows that the company's profit increased by 67.50% in YoY(Year over Year) / in current quarter(October, 2020 - December, 2020) for profit increase of Rs.57.07 crores; in compare to corresponding quarter(October, 2019 - December, 2019) when the company posted profit of Rs.84.55 crores.
The company also reported that its profit decreased by 20.85% in 12 months end(January, 2020 - December, 2020) for profit decrease of Rs.76.67 crores, since the company reported profit of Rs.290.97 crores; in compare to corresponding 12 months end(January, 2019 - December. 2019) when the company posted profit of Rs.367.64 crores.

EPS Reported by Schaeffler India Limited for Fourth Quarter FY, 2020-21
Current Quarter (October, 2020 - December, 2020) Previous Quarter (July, 2020 - September, 2020) Corresponding Quarter (October, 2019 - December, 2019) 12 Months Ended (January, 2020 - December, 2020) Corresponding 12 Months Ended (January, 2019 - December, 2019)
46.30 36.30 27.00 93.10 117.60
Calculated EPS of Schaeffler India Limited for Fourth Quarter FY, 2020-21
Current(December, 2020) VS Previous(September, 2020) Current(December, 2020) VS Corresponding(December, 2019) 12 months Ended(January, 2020 - December, 2020) VS Corresponding 12 months Ended(January, 2019 - December, 2019)
Change Change % Change Change % Change Change %
10.00 27.55%(EPS Increase) 19.30 71.48%(EPS Increase) 24.50 20.83%(EPS Decrease)

EPS /Earning per Share: The company's financial report shows that the company's EPS increased by 27.55% in QoQ(Quarter on Quarter) / current quarter(October, 2020 - December, 2020) for EPS increase of Rs.10.00, as the company posted EPS of Rs.46.30; in compare to previous quarter(July, 2020 - September, 2020) when the company reported EPS of Rs.36.30.
The result also shows that the company's EPS increased by 71.48% in YoY(Year over Year) / in current quarter(October, 2020 - December, 2020) for EPS increase of Rs.19.30; in compare to corresponding quarter(October, 2019 - December, 2019) when the company posted EPS of Rs.27.00.
The company also reported that its EPS decreased by 20.83% in 12 months end(January, 2020 - December, 2020) for EPS decrease of Rs.24.50, since the company reported EPS of Rs.93.10; in compare to corresponding 12 months end(January, 2019 - December. 2019) when the company posted EPS of Rs.117.60.

Assets Reported by Schaeffler India Limited for Fourth Quarter FY, 2020-21
Details Non-current Assets Current Assets
Current Year Ended(December, 2020) Previous Year End(December, 2019) Current Year Ended(December, 2020) Previous Year End(December, 2019)
Reported 1436.98 1380.54 2714.45 2264.69
  Change Change % Change Change %
Calculated 56.44 4.09%(Assets Increase) 449.76 19.86%(Assets Increase)

Assets:The company reported its non-current assets increased by 4.09% in current year end(December, 2020) for non-current assets increase of Rs.56.44 crores, since the company reported net non-current assets of Rs.1436.98 crores; in compare to previous year end(December, 2019) when the company reported net non-current assets of Rs.1380.54 crores.
The balance sheet of the company also shows that, its current assets increased by 19.86% in current year end(December, 2020) for current assets increase of Rs.449.76 crores, as the company reported net current assets of Rs.2714.45 crores; against previous year end(December, 2019) when the company reported net current assets of Rs.2264.69 crores.

Liabilities Reported by Schaeffler India Limited for Fourth Quarter FY, 2020-21
Details Non-current Liabilities Current Liabilities
Current Year Ended(December, 2020) Previous Year End(December, 2019) Current Year Ended(December, 2020) Previous Year End(December, 2019)
Reported 99.26 45.49 911.88 637.58
  Change Change % Change Change %
Calculated 53.77 118.20%(Liabilities Increase) 274.30 43.02%(Liabilities Increase)

Liabilities:The company reported its non-current liabilities increased by 118.20% in current year end(December, 2020) for non-current liabilities increase of Rs.53.77 crores, since the company reported net non-current liabilities of Rs.99.26 crores; in compare to previous year end(December, 2019) when the company reported net non-current liabilities of Rs.45.49 crores.
The balance sheet of the company also shows that, its current liabilities increased by 43.02% in current year end(December, 2020) for current liabilities increase of Rs.274.30 crores, as the company reported net current liabilities of Rs.911.88 crores; against previous year end(December, 2019) when the company reported net current liabilities of Rs.637.58 crores.

 


***All amounts are given in Crore Indian Rupees(INR) except EPS (Earnings per share) which are in Indian Rupees(INR) only.***
Gross Margin=Total Revenue from Operations -(Cost of Materials Consumed + Purchases of stock-in-trade - Changes in inventories of finished goods, work-in-progress and stock-in-trade).
Gross Margin%=(Gross Margin / Total Revenue from Operations)*100.
EBITDA=Commission/Interest + Depreciation and Amortization + Tax + Profit/Loss (PAT).
1 Lac = 100,000.
1 Million = 10 Lacs.
1 Crore = 10 Millions.
1 Crore = 100 Lacs.
1 Billion = 1000 Millions.
1 Billion = 100 Crores.

 

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