Kirloskar Electric Company posted loss of Rs.6.76 crores in (Q4) FY 2019-20

Source

Team Infinities:

Kirloskar Electric Company Limited NSE Symbol:KECL, BSE Security Code:533193 has declared its 4th(fourth) quarter audited Consolidated financial report from the month of January, 2020 to the month of March, 2020; for the fiscal year 2019-20.

Revenue Reported by Kirloskar Electric Company Limited for Fourth Quarter FY, 2019-20
Current Quarter (January, 2020 - March, 2020) Previous Quarter (October, 2019 - December, 2019) Corresponding Quarter (January, 2019 - March, 2019) 12 Months Ended (April, 2019 - March, 2020) Corresponding 12 Months Ended (April, 2018 - March, 2019)
82.49 150.29 135.39 399.49 356.78
Calculated Revenue of Kirloskar Electric Company Limited for Fourth Quarter FY, 2019-20
Current(March, 2020) VS Previous(December, 2019) Current(March, 2020) VS Corresponding(March, 2019) 12 months Ended(April, 2019 - March, 2020) VS Corresponding 12 months Ended(April, 2018 - March, 2019)
Change Change % Change Change % Change Change %
67.80 45.11%(Revenue Decrease) 52.90 39.07%(Revenue Decrease) 42.71 11.97%(Revenue Increase)

Revenue: Kirloskar Electric Company Limited's financial report shows that the company's revenue decreased by 45.11% in QoQ(Quarter on Quarter) / current quarter(January, 2020 - March, 2020) for revenue decrease of Rs.67.80 crores, as the company posted revenue of Rs.82.49 crores; in compare to previous quarter(October, 2019 - December, 2019) when the company reported revenue of Rs.150.29 crores.
The result also shows that the company's revenue decreased by 39.07% in YoY(Year over Year) / in current quarter(January, 2020 - March, 2020) for revenue decrease of Rs.52.90 crores; in compare to corresponding quarter(January, 2019 - March, 2019) when the company posted revenue of Rs.135.39 crores
The company also reported that its revenue increased by 11.97% in 12 months end(April, 2019 - March, 2020) for revenue increase of Rs.42.71 crores, since the company reported revenue of Rs.399.49 crores; in compare to corresponding 12 months end(April, 2018 - March. 2019) when the company posted revenue of Rs.356.78 crores.

Gross Margin(%) Reported by Kirloskar Electric Company Limited for Fourth Quarter FY, 2019-20
Current Quarter (January, 2020 - March, 2020) Previous Quarter (October, 2019 - December, 2019) Corresponding Quarter (January, 2019 - March, 2019) 12 Months Ended (April, 2019 - March, 2020) Corresponding 12 Months Ended (April, 2018 - March, 2019)
23.20 49.79 51.53 31.10 29.08
Calculated Gross Margin(%) of Kirloskar Electric Company Limited for Fourth Quarter FY, 2019-20
Current(March, 2020) VS Previous(December, 2019) Current(March, 2020) VS Corresponding(March, 2019) 12 months Ended(April, 2019 - March, 2020) VS Corresponding 12 months Ended(April, 2018 - March, 2019)
Change Change % Change Change % Change Change %
26.59 53.41%(GM Decrease) 28.34 54.99%(GM Decrease) 2.01 6.92%(GM Increase)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM decreased by 53.41% in QoQ(Quarter on Quarter) / current quarter(January, 2020 - March, 2020) for 26.59% GM decrease, as the company reported 23.20% GM; in compare to previous quarter(October, 2019 - December, 2019) when the company reported 49.79% GM.
The result also indicates, the company's GM decreased by 54.99% in YoY(Year over Year) / in current quarter(January, 2020 - March, 2020) for 28.34% GM decrease; in compare to corresponding quarter(January, 2019 - March, 2019) when the company reported 51.53% GM.
The company also reported that its GM increased by 6.92% in 12 months end(April, 2019 - March, 2020) for 2.01% GM increase, since the company reported 31.10% GM; in compare to corresponding 12 months end(April, 2018 - March. 2019) when the company reported 29.08% GM.

EBITDA Reported by Kirloskar Electric Company Limited for Fourth Quarter FY, 2019-20
Current Quarter (January, 2020 - March, 2020) Previous Quarter (October, 2019 - December, 2019) Corresponding Quarter (January, 2019 - March, 2019) 12 Months Ended (April, 2019 - March, 2020) Corresponding 12 Months Ended (April, 2018 - March, 2019)
3.17 67.62 57.61 94.58 29.58
Calculated EBITDA of Kirloskar Electric Company Limited for Fourth Quarter FY, 2019-20
Current(March, 2020) VS Previous(December, 2019) Current(March, 2020) VS Corresponding(March, 2019) 12 months Ended(April, 2019 - March, 2020) VS Corresponding 12 months Ended(April, 2018 - March, 2019)
Change Change % Change Change % Change Change %
64.45 95.31%(EBITDA Decrease) 54.44 94.50%(EBITDA Decrease) 65.00 219.74%(EBITDA Increase)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA decreased by 95.31% in QoQ(Quarter on Quarter) / current quarter(January, 2020 - March, 2020) for EBITDA decrease of Rs.64.45 crores, as the company posted EBITDA of Rs.3.17 crores; in compare to previous quarter(October, 2019 - December, 2019) when the company reported EBITDA of Rs.67.62 crores.
The result also shows that the company's EBITDA decreased by 94.50% in YoY(Year over Year) / in current quarter(January, 2020 - March, 2020) for EBITDA decrease of Rs.54.44 crores; in compare to corresponding quarter(January, 2019 - March, 2019) when the company posted EBITDA of Rs.57.61 crores
The company also reported that its EBITDA increased by 219.74% in 12 months end(April, 2019 - March, 2020) for EBITDA increase of Rs.65.00 crores, since the company reported EBITDA of Rs.94.58 crores; in compare to corresponding 12 months end(April, 2018 - March. 2019) when the company posted EBITDA of Rs.29.58 crores.

Profit and Loss Reported by Kirloskar Electric Company Limited for Fourth Quarter FY, 2019-20
Current Quarter (January, 2020 - March, 2020) Previous Quarter (October, 2019 - December, 2019) Corresponding Quarter (January, 2019 - March, 2019) 12 Months Ended (April, 2019 - March, 2020) Corresponding 12 Months Ended (April, 2018 - March, 2019)
6.76(Loss ) 54.65(Profit ) 41.06(Profit ) 45.31(Profit ) 27.95(Loss )
Calculated Profit and Loss of Kirloskar Electric Company Limited for Fourth Quarter FY, 2019-20
Current(March, 2020) VS Previous(December, 2019) Current(March, 2020) VS Corresponding(March, 2019) 12 months Ended(April, 2019 - March, 2020) VS Corresponding 12 months Ended(April, 2018 - March, 2019)
Change Change % Change Change % Change Change %
61.41 112.37%(Loss Increase) 47.82 116.46%(Loss Increase) 73.26 262.11%(Profit Increase)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's loss increased by 112.37% in QoQ(Quarter on Quarter) / current quarter(January, 2020 - March, 2020) for loss increase of Rs.61.41 crores, as the company posted loss of Rs.6.76 crores; in compare to previous quarter(October, 2019 - December, 2019) when the company reported profit of Rs.54.65 crores.
The result also shows that the company's loss increased by 116.46% in YoY(Year over Year) / in current quarter(January, 2020 - March, 2020) for loss increase of Rs.47.82 crores; in compare to corresponding quarter(January, 2019 - March, 2019) when the company posted profit of Rs.41.06 crores
The company also reported that its profit increased by 262.11% in 12 months end(April, 2019 - March, 2020) for profit increase of Rs.73.26 crores, since the company reported profit of Rs.45.31 crores; in compare to corresponding 12 months end(April, 2018 - March. 2019) when the company posted loss of Rs.27.95 crores.

EPS Reported by Kirloskar Electric Company Limited for Fourth Quarter FY, 2019-20
Current Quarter (January, 2020 - March, 2020) Previous Quarter (October, 2019 - December, 2019) Corresponding Quarter (January, 2019 - March, 2019) 12 Months Ended (April, 2019 - March, 2020) Corresponding 12 Months Ended (April, 2018 - March, 2019)
1.02(Negative) 8.23 6.18 6.82 4.21(Negative)
Calculated EPS of Kirloskar Electric Company Limited for Fourth Quarter FY, 2019-20
Current(March, 2020) VS Previous(December, 2019) Current(March, 2020) VS Corresponding(March, 2019) 12 months Ended(April, 2019 - March, 2020) VS Corresponding 12 months Ended(April, 2018 - March, 2019)
Change Change % Change Change % Change Change %
9.25 112.39%(EPS Decrease) 7.20 116.50%(EPS Decrease) 11.03 262.00%(EPS Increase)

EPS /Earning per Share: The company's financial report shows that the company's EPS decreased by 112.39% in QoQ(Quarter on Quarter) / current quarter(January, 2020 - March, 2020) for EPS decrease of Rs.9.25, as the company posted Negative EPS of Rs.1.02; in compare to previous quarter(October, 2019 - December, 2019) when the company reported EPS of Rs.8.23.
The result also shows that the company's EPS decreased by 116.50% in YoY(Year over Year) / in current quarter(January, 2020 - March, 2020) for EPS decrease of Rs.7.20; in compare to corresponding quarter(January, 2019 - March, 2019) when the company posted EPS of Rs.6.18
The company also reported that its EPS increased by 262.00% in 12 months end(April, 2019 - March, 2020) for EPS increase of Rs.11.03, since the company reported EPS of Rs.6.82; in compare to corresponding 12 months end(April, 2018 - March. 2019) when the company posted Negative EPS of Rs.4.21.

Assets Reported by Kirloskar Electric Company Limited for Fourth Quarter FY, 2019-20
Details Non-current Assets Current Assets
Current Quarter(March, 2020) Previous Year End(March, 2019) Current Quarter(March, 2020) Previous Year End(March, 2019)
Reported 354.84 362.11 486.22 476.95
  Change Change % Change Change %
Calculated 7.27 2.01%(Assets Decrease) 9.27 1.94%(Assets Increase)

Assets:The company reported its non-current assets decreased by 2.01% in current year end(March, 2020) for non-current assets decrease of Rs.7.27 crores, since the company reported net non-current assets of Rs.354.84 crores; in compare to previous year end(March, 2019) when the company reported net non-current assets of Rs.362.11 crores.
The balance sheet of the company also shows that, its current assets increased by 1.94% in current year end(March, 2020) for current assets increase of Rs.9.27 crores, as the company reported net current assets of Rs.486.22 crores; against previous year end(March, 2019) when the company reported net current assets of Rs.476.95 crores.

Liabilities Reported by Kirloskar Electric Company Limited for Fourth Quarter FY, 2019-20
Details Non-current Liabilities Current Liabilities
Current Quarter(March, 2020) Previous Year End(March, 2019) Current Quarter(March, 2020) Previous Year End(March, 2019)
Reported 92.44 111.39 441.15 457.13
  Change Change % Change Change %
Calculated 18.95 17.01%(Liabilities Decrease) 15.98 3.50%(Liabilities Decrease)

Liabilities:The company reported its non-current liabilities decreased by 17.01% in current year end(March, 2020) for non-current liabilities decrease of Rs.18.95 crores, since the company reported net non-current liabilities of Rs.92.44 crores; in compare to previous year end(March, 2019) when the company reported net non-current liabilities of Rs.111.39 crores.
The balance sheet of the company also shows that, its current liabilities decreased by 3.50% in current year end(March, 2020) for current liabilities decrease of Rs.15.98 crores, as the company reported net current liabilities of Rs.441.15 crores; against previous year end(March, 2019) when the company reported net current liabilities of Rs.457.13 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.

 

Add new comment

Comment Editor

  • No HTML tags allowed.