First Cut- TVS Motor Company
RAJESH DESAI
Dear Sir/Madam,
TVS Motor Company Limited. announced its Q1 FY13 results on 31st October 2012. The company’s Standalone Net sales decreased by 7% and 15% on QoQ and YoY basis respectively. EBITDA decreased by 6% and 27% on QoQ and YoY basis respectively. EBITDA Margin of the company increased from 5.91% to 5.99% on QoQ basis. Standalone Net Profit decreased by 12% and 42% on QoQ and YoY basis respectively.
STANDALONE |
|
|
|
|
|
|
DESCRIPTION |
September-12 |
September-11 |
June-12 |
YoY Change(%) |
QoQ Change(%) |
|
Total Income |
1,691 |
1992 |
1,820 |
-15 |
-7 |
|
Total Expenditure |
1,589 |
1854 |
1,712 |
|
|
|
EBITDA |
101 |
138 |
108 |
-27 |
-6 |
|
EBITDA margins |
5.99% |
6.94% |
5.91% |
|
|
|
Other Income |
4 |
2 |
5 |
|
|
|
Operating Profit |
105 |
141 |
113 |
|
|
|
Interest |
15 |
11 |
15 |
|
|
|
Exceptional Items |
0 |
0 |
0 |
|
|
|
PBDT |
90 |
129 |
97 |
|
|
|
Depreciation |
32 |
29 |
31 |
|
|
|
PBT |
58 |
101 |
66 |
|
|
|
Tax |
13 |
24 |
15 |
|
|
|
Profit After Tax |
45 |
77 |
51 |
-41 |
-12 |
|
PAT margins |
2.67% |
3.84% |
2.81% |
|
|
|
Equity Capital |
47.51 |
47.51 |
47.51 |
|
|
|
Face Value(InRs) |
1.00 |
1.00 |
1.00 |
|
|
|
EPS |
0.95 |
1.61 |
1.08 |
-41 |
-12 |
|
Figures in INR Crore.EPS represents Ajd EPS | |||||
Regards,
Team Microsec Research
Microsec Capital Limited
Tel: 91 33 30512100
Fax: 91 33 30512020
CA. Rajesh Desai