SRF profit increased 15.06% in (Q4) FY 2018-19

Source

Team Infinities:

SRF Limited NSE Symbol:SRF, BSE Security Code:503806 has declared its 4th(fourth) quarter audited Consolidated financial report from the month of January, 2019 to the month of March, 2019; for the fiscal year 2018-19.

Revenue Reported by SRF Limited for Fourth Quarter FY, 2018-19
Current Quarter (January, 2019 - March, 2019)Previous Quarter (October, 2018 - December, 2018)Corresponding Quarter (January, 2018 - March, 2018)12 Months Ended (April, 2018 - March, 2019)Corresponding 12 Months Ended (April, 2017 - March, 2018)
20.8919.6916.2577.3357.54
Calculated Revenue of SRF Limited for Fourth Quarter FY, 2018-19
Current(March, 2019) VS Previous(December, 2018)Current(March, 2019) VS Corresponding(March, 2018)12 months Ended(April, 2018 - March, 2019) VS Corresponding 12 months Ended(April, 2017 - March, 2018)
ChangeChange %ChangeChange %ChangeChange %
1.206.09%(Revenue Increase)4.6428.55%(Revenue Increase)19.7934.39%(Revenue Increase)

Revenue: SRF Limited's financial report shows that the company's revenue increased by 6.09% in QoQ(Quarter on Quarter) / current quarter(January, 2019 - March, 2019) for revenue increase of Rs.1.20 billions, as the company posted revenue of Rs.20.89 billions; in compare to previous quarter(October, 2018 - December, 2018) when the company reported revenue of Rs.19.69 billions.
The result also shows that the company's revenue increased by 28.55% in YoY(Year over Year) / in current quarter(January, 2019 - March, 2019) for revenue increase of Rs.4.64 billions; in compare to corresponding quarter(January, 2018 - March, 2018) when the company posted revenue of Rs.16.25 billions.
The company also reported that its revenue increased by 34.39% in 12 months end(April, 2018 - March, 2019) for revenue increase of Rs.19.79 billions, since the company reported revenue of Rs.77.33 billions; in compare to corresponding 12 months end(April, 2017 - March. 2018) when the company posted revenue of Rs.57.54 billions.

Gross Margin(%) Reported by SRF Limited for Fourth Quarter FY, 2018-19
Current Quarter (January, 2019 - March, 2019)Previous Quarter (October, 2018 - December, 2018)Corresponding Quarter (January, 2018 - March, 2018)12 Months Ended (April, 2018 - March, 2019)Corresponding 12 Months Ended (April, 2017 - March, 2018)
47.2235.1847.5241.4845.57
Calculated Gross Margin(%) of SRF Limited for Fourth Quarter FY, 2018-19
Current(March, 2019) VS Previous(December, 2018)Current(March, 2019) VS Corresponding(March, 2018)12 months Ended(April, 2018 - March, 2019) VS Corresponding 12 months Ended(April, 2017 - March, 2018)
ChangeChange %ChangeChange %ChangeChange %
12.0434.24%(GM Increase)0.300.63%(GM Decrease)4.098.98%(GM Decrease)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM increased by 34.24% in QoQ(Quarter on Quarter) / current quarter(January, 2019 - March, 2019) for 12.04% GM increase, as the company reported 47.22% GM; in compare to previous quarter(October, 2018 - December, 2018) when the company reported 35.18% GM.
The result also indicates, the company's GM decreased by 0.63% in YoY(Year over Year) / in current quarter(January, 2019 - March, 2019) for 0.30% GM decrease; in compare to corresponding quarter(January, 2018 - March, 2018) when the company reported 47.52% GM.
The company also reported that its GM decreased by 8.98% in 12 months end(April, 2018 - March, 2019) for 4.09% GM decrease, since the company reported 41.48% GM; in compare to corresponding 12 months end(April, 2017 - March. 2018) when the company reported 45.57% GM.

EBITDA Reported by SRF Limited for Fourth Quarter FY, 2018-19
Current Quarter (January, 2019 - March, 2019)Previous Quarter (October, 2018 - December, 2018)Corresponding Quarter (January, 2018 - March, 2018)12 Months Ended (April, 2018 - March, 2019)Corresponding 12 Months Ended (April, 2017 - March, 2018)
4.053.462.9313.9610.22
Calculated EBITDA of SRF Limited for Fourth Quarter FY, 2018-19
Current(March, 2019) VS Previous(December, 2018)Current(March, 2019) VS Corresponding(March, 2018)12 months Ended(April, 2018 - March, 2019) VS Corresponding 12 months Ended(April, 2017 - March, 2018)
ChangeChange %ChangeChange %ChangeChange %
0.5917.05%(EBITDA Increase)1.1238.23%(EBITDA Increase)3.7436.59%(EBITDA Increase)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA increased by 17.05% in QoQ(Quarter on Quarter) / current quarter(January, 2019 - March, 2019) for EBITDA increase of Rs.0.59 billion, as the company posted EBITDA of Rs.4.05 billions; in compare to previous quarter(October, 2018 - December, 2018) when the company reported EBITDA of Rs.3.46 billions.
The result also shows that the company's EBITDA increased by 38.23% in YoY(Year over Year) / in current quarter(January, 2019 - March, 2019) for EBITDA increase of Rs.1.12 billions; in compare to corresponding quarter(January, 2018 - March, 2018) when the company posted EBITDA of Rs.2.93 billions.
The company also reported that its EBITDA increased by 36.59% in 12 months end(April, 2018 - March, 2019) for EBITDA increase of Rs.3.74 billions, since the company reported EBITDA of Rs.13.96 billions; in compare to corresponding 12 months end(April, 2017 - March. 2018) when the company posted EBITDA of Rs.10.22 billions.

Profit and Loss Reported by SRF Limited for Fourth Quarter FY, 2018-19
Current Quarter (January, 2019 - March, 2019)Previous Quarter (October, 2018 - December, 2018)Corresponding Quarter (January, 2018 - March, 2018)12 Months Ended (April, 2018 - March, 2019)Corresponding 12 Months Ended (April, 2017 - March, 2018)
1.91(Profit )1.66(Profit )1.24(Profit )6.42(Profit )4.62(Profit )
Calculated Profit and Loss of SRF Limited for Fourth Quarter FY, 2018-19
Current(March, 2019) VS Previous(December, 2018)Current(March, 2019) VS Corresponding(March, 2018)12 months Ended(April, 2018 - March, 2019) VS Corresponding 12 months Ended(April, 2017 - March, 2018)
ChangeChange %ChangeChange %ChangeChange %
0.2515.06%(Profit Increase)0.6754.03%(Profit Increase)1.8038.96%(Profit Increase)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's profit increased by 15.06% in QoQ(Quarter on Quarter) / current quarter(January, 2019 - March, 2019) for profit increase of Rs.0.25 billion, as the company posted profit of Rs.1.91 billions; in compare to previous quarter(October, 2018 - December, 2018) when the company reported profit of Rs.1.66 billions.
The result also shows that the company's profit increased by 54.03% in YoY(Year over Year) / in current quarter(January, 2019 - March, 2019) for profit increase of Rs.0.67 billion; in compare to corresponding quarter(January, 2018 - March, 2018) when the company posted profit of Rs.1.24 billions.
The company also reported that its profit increased by 38.96% in 12 months end(April, 2018 - March, 2019) for profit increase of Rs.1.80 billions, since the company reported profit of Rs.6.42 billions; in compare to corresponding 12 months end(April, 2017 - March. 2018) when the company posted profit of Rs.4.62 billions.

EPS Reported by SRF Limited for Fourth Quarter FY, 2018-19
Current Quarter (January, 2019 - March, 2019)Previous Quarter (October, 2018 - December, 2018)Corresponding Quarter (January, 2018 - March, 2018)12 Months Ended (April, 2018 - March, 2019)Corresponding 12 Months Ended (April, 2017 - March, 2018)
33.2128.8321.58111.6680.41
Calculated EPS of SRF Limited for Fourth Quarter FY, 2018-19
Current(March, 2019) VS Previous(December, 2018)Current(March, 2019) VS Corresponding(March, 2018)12 months Ended(April, 2018 - March, 2019) VS Corresponding 12 months Ended(April, 2017 - March, 2018)
ChangeChange %ChangeChange %ChangeChange %
4.3815.19%(EPS Increase)11.6353.89%(EPS Increase)31.2538.86%(EPS Increase)

EPS /Earning per Share: The company's financial report shows that the company's EPS increased by 15.19% in QoQ(Quarter on Quarter) / current quarter(January, 2019 - March, 2019) for EPS increase of Rs.4.38, as the company posted EPS of Rs.33.21; in compare to previous quarter(October, 2018 - December, 2018) when the company reported EPS of Rs.28.83.
The result also shows that the company's EPS increased by 53.89% in YoY(Year over Year) / in current quarter(January, 2019 - March, 2019) for EPS increase of Rs.11.63; in compare to corresponding quarter(January, 2018 - March, 2018) when the company posted EPS of Rs.21.58.
The company also reported that its EPS increased by 38.86% in 12 months end(April, 2018 - March, 2019) for EPS increase of Rs.31.25, since the company reported EPS of Rs.111.66; in compare to corresponding 12 months end(April, 2017 - March. 2018) when the company posted EPS of Rs.80.41.

Assets Reported by SRF Limited for Fourth Quarter FY, 2018-19
DetailsNon-current AssetsCurrent Assets
Current Quarter(March, 2019)Previous Year End(March, 2018)Current Quarter(March, 2019)Previous Year End(March, 2018)
Reported67.1659.3731.7224.26
 ChangeChange %ChangeChange %
Calculated7.7913.12%(Assets Increase)7.4630.75%(Assets Increase)

Assets:The company reported its non-current assets increased by 13.12% in current year end(March, 2019) for non-current assets increase of Rs.7.79 billions, since the company reported net non-current assets of Rs.67.16 billions; in compare to previous year end(March, 2018) when the company reported net non-current assets of Rs.59.37 billions.
The balance sheet of the company also shows that, its current assets increased by 30.75% in current year end(March, 2019) for current assets increase of Rs.7.46 billions, as the company reported net current assets of Rs.31.72 billions; against previous year end(March, 2018) when the company reported net current assets of Rs.24.26 billions.

Liabilities Reported by SRF Limited for Fourth Quarter FY, 2018-19
DetailsNon-current LiabilitiesCurrent Liabilities
Current Quarter(March, 2019)Previous Year End(March, 2018)Current Quarter(March, 2019)Previous Year End(March, 2018)
Reported25.6022.6631.9925.32
 ChangeChange %ChangeChange %
Calculated2.9412.97%(Liabilities Increase)6.6726.34%(Liabilities Increase)

Liabilities:The company reported its non-current liabilities increased by 12.97% in current year end(March, 2019) for non-current liabilities increase of Rs.2.94 billions, since the company reported net non-current liabilities of Rs.25.60 billions; in compare to previous year end(March, 2018) when the company reported net non-current liabilities of Rs.22.66 billions.
The balance sheet of the company also shows that, its current liabilities increased by 26.34% in current year end(March, 2019) for current liabilities increase of Rs.6.67 billions, as the company reported net current liabilities of Rs.31.99 billions; against previous year end(March, 2018) when the company reported net current liabilities of Rs.25.32 billions.


***All amounts are given in Billion 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.