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The revenue zoomed 19.90% to Rs. 1552.70 millions for the quarter ended December 2018 as compared to Rs. 1295.00 millions during the corresponding quarter last year.Handsome Net Profit growth of 68.33% reported above the corresponding previous quarter figure of Rs. 47.30 millions to Rs. 28.10 millions.OP of the company witnessed a marginal growth to 192.00 millions from 126.80 millions in the same quarter last year. (Rs. in Million) Quarter ended Year to Date Year ended 201812 201712 % Var 201812 201712 % Var 201803 201703 % Var Sales 1552.70 1295.00 19.90 4511.90 3689.50 22.29 5138.40 4343.70 18.30 Other Income -0.70 1.80 -138.89 43.40 6.70 547.76 15.80 11.40 38.60 PBIDT 192.00 126.80 51.42 509.00 305.10 66.83 443.60 292.20 51.81 Interest 61.40 40.60 51.23 160.60 123.50 30.04 168.40 148.10 13.71 PBDT 130.60 86.20 51.51 348.40 181.60 91.85 275.20 144.10 90.98 Depreciation 57.20 47.60 20.17 159.00 135.30 17.52 182.80 166.90 9.53 PBT 73.40 38.60 90.16 189.40 46.30 309.07 92.40 -22.80 -505.26 TAX 26.10 10.50 148.57 67.90 13.10 418.32 29.40 -8.20 -458.54 Deferred Tax -8.50 -7.70 10.39 -21.80 -8.10 169.14 -13.10 -8.20 59.76 PAT 47.30 28.10 68.33 121.50 33.20 265.96 63.00 -14.60 -531.51 Equity 0.00 78.20 0.00 81.40 78.20 4.09 78.20 78.20 0.00 PBIDTM(%) 12.37 9.79 26.29 11.28 8.27 36.42 8.63 6.73 28.33
The company witnessed a 19.08% growth in the revenue at Rs. 1497.70 millions for the quarter ended September 2018 as compared to Rs. 1257.70 millions during the year-ago period.Net Profit for the quarter ended September 2018 zoomed to 157.05% from Rs. 15.60 millions to Rs. 40.10 millions.Operating profit for the quarter ended September 2018 rose to 169.00 millions as compared to 113.80 millions of corresponding quarter ended September 2017. (Rs. in Million) Quarter ended Year to Date Year ended 201809 201709 % Var 201809 201709 % Var 201803 201703 % Var Sales 1497.70 1257.70 19.08 2959.20 2394.50 23.58 5138.40 4343.70 18.30 Other Income 23.80 1.80 1222.22 44.10 4.90 800.00 15.80 11.40 38.60 PBIDT 169.00 113.80 48.51 317.00 178.30 77.79 443.60 292.20 51.81 Interest 52.30 46.30 12.96 99.20 82.90 19.66 168.40 148.10 13.71 PBDT 116.70 67.50 72.89 217.80 95.40 128.30 275.20 144.10 90.98 Depreciation 52.90 45.30 16.78 101.80 87.70 16.08 182.80 166.90 9.53 PBT 63.80 22.20 187.39 116.00 7.70 1406.49 92.40 -22.80 -505.26 TAX 23.70 6.60 259.09 41.80 2.60 1507.69 29.40 -8.20 -458.54 Deferred Tax -5.90 3.60 -263.89 -13.30 -0.40 3225.00 -13.10 -8.20 59.76 PAT 40.10 15.60 157.05 74.20 5.10 1354.90 63.00 -14.60 -531.51 Equity 81.40 78.20 4.09 81.40 78.20 4.09 78.20 78.20 0.00 PBIDTM(%) 11.28 9.05 24.71 10.71 7.45 43.86 8.63 6.73 28.33
The sales for the June 2018 quarter moved up 28.56% to Rs. 1461.50 millions as compared to Rs. 1136.80 millions during the corresponding quarter last year.The Total Profit for the quarter ended June 2018 of Rs. 34.10 millions grew from Rs.-10.50 millionsOperating Profit saw a handsome growth to 148.00 millions from 64.50 millions in the quarter ended June 2018. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 1461.50 1136.80 28.56 1461.50 1136.80 28.56 5138.40 4343.70 18.30 Other Income 20.30 3.10 554.84 20.30 3.10 554.84 15.80 11.40 38.60 PBIDT 148.00 64.50 129.46 148.00 64.50 129.46 443.60 292.20 51.81 Interest 46.90 36.60 28.14 46.90 36.60 28.14 168.40 148.10 13.71 PBDT 101.10 27.90 262.37 101.10 27.90 262.37 275.20 144.10 90.98 Depreciation 48.90 42.40 15.33 48.90 42.40 15.33 182.80 166.90 9.53 PBT 52.20 -14.50 -460.00 52.20 -14.50 -460.00 92.40 -22.80 -505.26 TAX 18.10 -4.00 -552.50 18.10 -4.00 -552.50 29.40 -8.20 -458.54 Deferred Tax -7.40 -4.00 85.00 -7.40 -4.00 85.00 -13.10 -8.20 59.76 PAT 34.10 -10.50 -424.76 34.10 -10.50 -424.76 63.00 -14.60 -531.51 Equity 78.20 78.20 0.00 78.20 78.20 0.00 78.20 78.20 0.00 PBIDTM(%) 10.13 5.67 78.48 10.13 5.67 78.48 8.63 6.73 28.33
The revenue for the September 2017 quarter is pegged at Rs. 1257.70 millions, about 20.14% up against Rs. 1046.90 millions recorded during the year-ago period.The Total Profit for the quarter ended September 2017 of Rs. 15.60 millions grew from Rs.-28.10 millionsOperating profit surged to 113.80 millions from the corresponding previous quarter of 37.10 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201709 201609 % Var 201709 201609 % Var 201703 201603 % Var Sales 1257.70 1046.90 20.14 2394.50 2106.80 13.66 4343.70 4308.60 0.81 Other Income 1.80 2.30 -21.74 4.90 7.50 -34.67 9.60 24.40 -60.66 PBIDT 113.80 37.10 206.74 178.30 100.40 77.59 295.20 331.80 -11.03 Interest 46.30 36.40 27.20 82.90 75.00 10.53 148.00 161.60 -8.42 PBDT 67.50 0.70 9542.86 95.40 25.40 275.59 147.20 170.20 -13.51 Depreciation 45.30 41.80 8.37 87.70 82.90 5.79 166.80 165.00 1.09 PBT 22.20 -41.10 -154.01 7.70 -57.50 -113.39 -19.60 5.20 -476.92 TAX 6.60 -13.00 -150.77 2.60 -18.00 -114.44 -7.00 2.80 -350.00 Deferred Tax 3.60 -13.00 -127.69 -0.40 -18.00 -97.78 -7.00 1.50 -566.67 PAT 15.60 -28.10 -155.52 5.10 -39.50 -112.91 -12.60 2.40 -625.00 Equity 78.20 78.20 0.00 78.20 78.20 0.00 78.20 78.20 0.00 PBIDTM(%) 9.05 3.54 155.33 7.45 4.77 56.25 6.80 7.70 -11.75
The revenue for the June 2017 quarter is pegged at Rs. 1136.80 millions, about 7.26% up against Rs. 1059.90 millions recorded during the year-ago period.The Net Loss for the quarter ended June 2017 is Rs. -10.50 millions as compared to Net Loss of Rs. -11.40 millions of corresponding quarter ended June 2016Operating profit for the quarter ended June 2017 rose to 64.50 millions as compared to 63.30 millions of corresponding quarter ended June 2016. (Rs. in Million) Quarter ended Year to Date Year ended 201706 201606 % Var 201706 201606 % Var 201703 201603 % Var Sales 1136.80 1059.90 7.26 1136.80 1059.90 7.26 4343.70 4308.60 0.81 Other Income 3.10 5.20 -40.38 3.10 5.20 -40.38 9.60 24.40 -60.66 PBIDT 64.50 63.30 1.90 64.50 63.30 1.90 295.20 331.80 -11.03 Interest 36.60 38.60 -5.18 36.60 38.60 -5.18 148.00 161.60 -8.42 PBDT 27.90 24.70 12.96 27.90 24.70 12.96 147.20 170.20 -13.51 Depreciation 42.40 41.10 3.16 42.40 41.10 3.16 166.80 165.00 1.09 PBT -14.50 -16.40 -11.59 -14.50 -16.40 -11.59 -19.60 5.20 -476.92 TAX -4.00 -5.00 -20.00 -4.00 -5.00 -20.00 -7.00 2.80 -350.00 Deferred Tax -4.00 -5.00 -20.00 -4.00 -5.00 -20.00 -7.00 1.50 -566.67 PAT -10.50 -11.40 -7.89 -10.50 -11.40 -7.89 -12.60 2.40 -625.00 Equity 78.20 78.20 0.00 78.20 78.20 0.00 78.20 78.20 0.00 PBIDTM(%) 5.67 5.97 -5.00 5.67 5.97 -5.00 6.80 7.70 -11.75
Bharat Gears is currently trading at Rs. 139.40, up by 3.50 points or 2.58% from its previous closing of Rs. 135.90 on the BSE.The scrip opened at Rs. 138.75 and has touched a high and low of Rs. 140.45 and Rs. 137.20 respectively. So far 7643 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 170.75 on 06-Oct-2016 and a 52 week low of Rs. 74.50 on 02-Jun-2016.Last one week high and low of the scrip stood at Rs. 140.45 and Rs. 113.15 respectively. The current market cap of the company is Rs. 108.63 crore.The promoters holding in the company stood at 52.98%, while Institutions and Non-Institutions held 0.08% and 46.94% respectively.Bharat Gears (BGL) has received an approval to avail a term loan of Rs 110 crore from KKR India Financial Services. The said loan will be used for repaying some of the existing term debts, working capital requirements and capital expenditure, among others. The Finance Committee of Board of Directors at their meeting held on May 31, 2017, has approved for the same. BGL is a gear manufacturing company. The company manufactures a wide range of gears for HCV, MCV, LCV, utility and off-highway vehicles. The products includes bevel, straight bevel and transmission gears.
Bharat Gears is currently trading at Rs. 133.45, up by 2.50 points or 1.91% from its previous closing of Rs. 130.95 on the BSE.The scrip opened at Rs. 134.70 and has touched a high and low of Rs. 137.00 and Rs. 132.50 respectively. So far 26775 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 170.75 on 06-Oct-2016 and a 52 week low of Rs. 74.50 on 02-Jun-2016.Last one week high and low of the scrip stood at Rs. 137.00 and Rs. 113.15 respectively. The current market cap of the company is Rs. 104.68 crore.The promoters holding in the company stood at 52.98%, while Institutions and Non-Institutions held 0.08% and 46.94% respectively.Bharat Gears (BGL) has received an approval to avail a term loan of Rs 110 crore from KKR India Financial Services. The said loan will be used for repaying some of the existing term debts, working capital requirements and capital expenditure, among others. The Finance Committee of Board of Directors at their meeting held on May 31, 2017, has approved for the same. BGL is a gear manufacturing company. The company manufactures a wide range of gears for HCV, MCV, LCV, utility and off-highway vehicles. The products includes bevel, straight bevel and transmission gears.
The revenue zoomed 6.06% to Rs. 1140.00 millions for the quarter ended March 2017 as compared to Rs. 1074.90 millions during the corresponding quarter last year.Profit for the quarter ended March 2017 rises by 96.26% to Rs. 21.00 millions from Rs. 10.70 millions.Operating Profit saw a handsome growth to 106.90 millions from 97.50 millions in the quarter ended March 2017. (Rs. in Million) Quarter ended Year to Date Year ended 201703 201603 % Var 201703 201603 % Var 201603 201503 % Var Sales 1140.00 1074.90 6.06 4122.70 4038.50 2.08 3903.10 4122.60 -5.32 Other Income -1.40 4.90 -128.57 21.40 39.70 -46.10 97.10 47.20 105.72 PBIDT 106.90 97.50 9.64 295.20 331.80 -11.03 331.80 238.70 39.00 Interest 36.50 38.90 -6.17 148.00 161.60 -8.42 161.60 163.50 -1.16 PBDT 70.40 58.60 20.14 147.20 170.20 -13.51 170.20 75.20 126.33 Depreciation 42.30 40.80 3.68 166.80 165.00 1.09 165.00 139.50 18.28 PBT 28.10 17.80 57.87 -19.60 5.20 -476.92 5.20 -64.30 -108.09 TAX 7.10 7.10 0.00 -7.00 2.80 -350.00 2.80 -22.20 -112.61 Deferred Tax 8.40 5.80 44.83 8.40 5.80 44.83 0.00 0.00 0.00 PAT 21.00 10.70 96.26 -12.60 2.40 -625.00 2.40 -42.10 -105.70 Equity 78.20 78.20 0.00 78.20 78.20 0.00 78.20 78.20 0.00 PBIDTM(%) 9.38 9.07 3.38 7.16 8.22 -12.85 8.50 5.79 46.82
Bharat Gears has submitted the Shareholding Pattern for the Period Ended December 31, 2016.The above information is a part of company’s filings submitted to BSE.
Bharat Gears has informed about Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended December 31, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The above information is a part of company’s filings submitted to BSE.
Bharat Gears has informed about Standalone Financial Results, Limited Review for the period ended June 30, 2016.The above information is a part of company’s filings submitted to BSE.
Bharat Gears has informed that the 44th Annual General Meeting (AGM) of the Company will be held on August 04, 2016.The above information is a part of company’s filings submitted to BSE.