Results     14-Nov-18
Analysis
Technofab engineering
Fabulous sales and NP growth, but OPM falls
Related Tables
 Technofab Engineering: Result
Net sales for Sep 18 quarter stood at Rs 109.18 crore up by 42%. OPM was however lower by 400 bps to 10.5% restricting the OP growth to 3% to Rs 11.46 crore. Other income was up by more than 999% to Rs 2.50 crore. Interest cost was higher by 5% to Rs 6.25 crore and depreciation was higher by 4% to Rs 1.07 crore. After providing total tax of Rs 2.22 crore, PAT for Sep 18 quarter stood at Rs 4.42 crore up by 63% YoY.

For the 6 months ended Sep 18, net sales were up by 32% to Rs 212.09 crore. OPM was down by 400 bps to 9.6% resulting in a 7% fall in the OP to Rs 20.26 crore. Other income was up by more than 999% to Rs 4.55 crore. Interest cost and depreciation cost stood at Rs 13.28 crore flat on YoY basis and Rs 2.07 crore down by 2% respectively. Thus PBT stood at Rs 9.46 crore up by 46% YoY. After providing total tax of Rs 3.23 crore, PAT for 6 months ended Sep 18 stood at Rs 6.23 crore up by 53%.

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