Enkei Wheels (India) posts profit of Rs.2.06 crores in (Q4) FY 2020-21

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Team Infinities:

Enkei Wheels (India) Limited BSE Security Code:533477 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 Enkei Wheels (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)
81.80 76.17 53.90 236.60 267.06
Calculated Revenue of Enkei Wheels (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 %
5.63 7.39%(Revenue Increase) 27.90 51.76%(Revenue Increase) 30.46 11.41%(Revenue Decrease)

Revenue: Enkei Wheels (India) Limited's financial report shows that the company's revenue increased by 7.39% in QoQ(Quarter on Quarter) / current quarter(October, 2020 - December, 2020) for revenue increase of Rs.5.63 crores, as the company posted revenue of Rs.81.80 crores; in compare to previous quarter(July, 2020 - September, 2020) when the company reported revenue of Rs.76.17 crores.
The result also shows that the company's revenue increased by 51.76% in YoY(Year over Year) / in current quarter(October, 2020 - December, 2020) for revenue increase of Rs.27.90 crores; in compare to corresponding quarter(October, 2019 - December, 2019) when the company posted revenue of Rs.53.90 crores.
The company also reported that its revenue decreased by 11.41% in 12 months end(January, 2020 - December, 2020) for revenue decrease of Rs.30.46 crores, since the company reported revenue of Rs.236.60 crores; in compare to corresponding 12 months end(January, 2019 - December. 2019) when the company posted revenue of Rs.267.06 crores.

Gross Margin(%) Reported by Enkei Wheels (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)
14.97 61.85 32.23 49.19 44.94
Calculated Gross Margin(%) of Enkei Wheels (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 %
46.87 75.79%(GM Decrease) 17.26 53.55%(GM Decrease) 4.25 9.46%(GM Increase)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM decreased by 75.79% in QoQ(Quarter on Quarter) / current quarter(October, 2020 - December, 2020) for 46.87% GM decrease, as the company reported 14.97% GM; in compare to previous quarter(July, 2020 - September, 2020) when the company reported 61.85% GM.
The result also indicates, the company's GM decreased by 53.55% in YoY(Year over Year) / in current quarter(October, 2020 - December, 2020) for 17.26% GM decrease; in compare to corresponding quarter(October, 2019 - December, 2019) when the company reported 32.23% GM.
The company also reported that its GM increased by 9.46% in 12 months end(January, 2020 - December, 2020) for 4.25% GM increase, since the company reported 49.19% GM; in compare to corresponding 12 months end(January, 2019 - December. 2019) when the company reported 44.94% GM.

EBITDA Reported by Enkei Wheels (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)
10.25 4.03 20.56 1.25 27.39
Calculated EBITDA of Enkei Wheels (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 %
6.22 154.34%(EBITDA Increase) 10.31 50.15%(EBITDA Decrease) 26.14 95.44%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA increased by 154.34% in QoQ(Quarter on Quarter) / current quarter(October, 2020 - December, 2020) for EBITDA increase of Rs.6.22 crores, as the company posted EBITDA of Rs.10.25 crores; in compare to previous quarter(July, 2020 - September, 2020) when the company reported EBITDA of Rs.4.03 crores.
The result also shows that the company's EBITDA decreased by 50.15% in YoY(Year over Year) / in current quarter(October, 2020 - December, 2020) for EBITDA decrease of Rs.10.31 crores; in compare to corresponding quarter(October, 2019 - December, 2019) when the company posted EBITDA of Rs.20.56 crores.
The company also reported that its EBITDA decreased by 95.44% in 12 months end(January, 2020 - December, 2020) for EBITDA decrease of Rs.26.14 crores, since the company reported EBITDA of Rs.1.25 crores; in compare to corresponding 12 months end(January, 2019 - December. 2019) when the company posted EBITDA of Rs.27.39 crores.

Profit and Loss Reported by Enkei Wheels (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)
2.06(Profit ) 2.90(Loss ) 13.76(Profit ) 31.36(Loss ) 2.73(Profit )
Calculated Profit and Loss of Enkei Wheels (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 %
4.96 171.03%(Profit Increase) 11.70 85.03%(Profit Decrease) 34.09 1248.72%(Loss Increase)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's profit increased by 171.03% in QoQ(Quarter on Quarter) / current quarter(October, 2020 - December, 2020) for profit increase of Rs.4.96 crores, as the company posted profit of Rs.2.06 crores; in compare to previous quarter(July, 2020 - September, 2020) when the company reported loss of Rs.2.90 crores.
The result also shows that the company's profit decreased by 85.03% in YoY(Year over Year) / in current quarter(October, 2020 - December, 2020) for profit decrease of Rs.11.70 crores; in compare to corresponding quarter(October, 2019 - December, 2019) when the company posted profit of Rs.13.76 crores.
The company also reported that its loss increased by 1248.72% in 12 months end(January, 2020 - December, 2020) for loss increase of Rs.34.09 crores, since the company reported loss of Rs.31.36 crores; in compare to corresponding 12 months end(January, 2019 - December. 2019) when the company posted profit of Rs.2.73 crores.

EPS Reported by Enkei Wheels (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)
1.15 1.64(Negative) 8.06 17.96(Negative) 1.61
Calculated EPS of Enkei Wheels (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 %
2.79 170.12%(EPS Increase) 6.91 85.73%(EPS Decrease) 19.57 1215.53%(EPS Decrease)

EPS /Earning per Share: The company's financial report shows that the company's EPS increased by 170.12% in QoQ(Quarter on Quarter) / current quarter(October, 2020 - December, 2020) for EPS increase of Rs.2.79, as the company posted EPS of Rs.1.15; in compare to previous quarter(July, 2020 - September, 2020) when the company reported Negative EPS of Rs.1.64.
The result also shows that the company's EPS decreased by 85.73% in YoY(Year over Year) / in current quarter(October, 2020 - December, 2020) for EPS decrease of Rs.6.91; in compare to corresponding quarter(October, 2019 - December, 2019) when the company posted EPS of Rs.8.06.
The company also reported that its EPS decreased by 1215.53% in 12 months end(January, 2020 - December, 2020) for EPS decrease of Rs.19.57, since the company reported Negative EPS of Rs.17.96; in compare to corresponding 12 months end(January, 2019 - December. 2019) when the company posted EPS of Rs.1.61.

Assets Reported by Enkei Wheels (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 329.02 283.34 123.30 139.34
  Change Change % Change Change %
Calculated 45.68 16.12%(Assets Increase) 16.04 11.51%(Assets Decrease)

Assets:The company reported its non-current assets increased by 16.12% in current year end(December, 2020) for non-current assets increase of Rs.45.68 crores, since the company reported net non-current assets of Rs.329.02 crores; in compare to previous year end(December, 2019) when the company reported net non-current assets of Rs.283.34 crores.
The balance sheet of the company also shows that, its current assets decreased by 11.51% in current year end(December, 2020) for current assets decrease of Rs.16.04 crores, as the company reported net current assets of Rs.123.30 crores; against previous year end(December, 2019) when the company reported net current assets of Rs.139.34 crores.

Liabilities Reported by Enkei Wheels (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 0.00 0.00 0.00 0.00
  Change Change % Change Change %
Calculated 0.00 0.00%(Liabilities Unchange) 0.00 0.00%(Liabilities Unchange)

Liabilities:The company reported its non-current liabilities neither increased nor decreased in current year end(December, 2020), since the company reported net non-current liabilities of Rs.0.00 crore; in compare to previous year end(December, 2019) when the company reported net non-current liabilities of Rs.0.00 crore also.
The balance sheet of the company also shows that, its current liabilities neither increased nor decreased in current year end(December, 2020), as the company reported net current liabilities of Rs.0.00 crore; against previous year end(December, 2019) when the company also reported net current liabilities of Rs.0.00 crore.

 


***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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