Share market investment needs careful and extensive research of a share, company, market and share. It is not an easy task to synthesize data, analyze all aspect and then select/reject the share. Researchers at earningfolio does the heavy lifting of analyzing many shares to come up next multibagger share. Please checkout top 5 shares for long term investment.
Amara raja battery is one of the companies which has potential to give very good return in long run. We have also published a detailed analysis of Amara Raja Batteries Ltd and a detailed analysis of June 2019 Q1 result. Must watch those.
Here goes the detailed analysis of FY 2018-19 Annual result and other updates from the company/sector.
The FY 2018-18 Annual Result Analysis covers below are:
- Our 2018-19 forecast for revenue/profit.
- What is the actual performance?
- What is the forecast for 2019-20?
- What next for investing?
What we estimated for FY 2018-19?
For Amara Raja batteries, we estimated 10% growth in revenue (INR 68,562 Mn) in year 2018-19. The profit growth estimate was 5% to stand at INR 4,948.86 Mn
Our EPS estimate for FY 2018-19 was 28.96
What is the actual performance?
The company did fairly well with 9% growth in revenue (INR 62,329.80 in FY2018 vs INR 67,931.10 in FY2019). At the same time, its profit increased by 2.6% (INR 4,713.20 in FY2018 vs INR 64,834.90 in FY2019). The profit growth was approximately 50% less than what we expected!
In FY2018-19 the EPS is reported as INR 28.31. The EPS target was missed by 2.24% vs our estimation.
Other sector/company updates
- With demand in auto sector remain weak, the OEM battery business has suffered significantly. The main revenue for Amara Raja batteries earned by residential and replacement batteries.
- Government focus on electric vehicle is likely to work in favor of Amara Raja Batteries in long run.
- The
Future Prediction (As per annual result)*
For FY2019-20 the revenue of the company should increase by 7% (INR 72686.28 Mn), while profit should grow by 3% (INR 4858.25 Mn).
Our estimated EPS is INR 28.44 for the financial year.
* The estimated numbers may change based on 2019-20 quarterly results. Please refer quarterly result analysis for updates.
Detailed analysis of Amara Raja Batteries Ltd:
Amara raja battery is one of the companies which has potential to give very good return in long run. We have also published a detailed analysis of Amara Raja Batteries Ltd and a detailed analysis of June 2019 Q1 result. Must watch those.
Here goes the detailed analysis of FY 2018-19 Annual result and other updates from the company/sector.
The FY 2018-18 Annual Result Analysis covers below are:
- Our 2018-19 forecast for revenue/profit.
- What is the actual performance?
- What is the forecast for 2019-20?
- What next for investing?
What we estimated for FY 2018-19?
For Amara Raja batteries, we estimated 10% growth in revenue (INR 68,562 Mn) in year 2018-19. The profit growth estimate was 5% to stand at INR 4,948.86 Mn
Our EPS estimate for FY 2018-19 was 28.96
What is the actual performance?
The company did fairly well with 9% growth in revenue (INR 62,329.80 in FY2018 vs INR 67,931.10 in FY2019). At the same time, its profit increased by 2.6% (INR 4,713.20 in FY2018 vs INR 64,834.90 in FY2019). The profit growth was approximately 50% less than what we expected!
In FY2018-19 the EPS is reported as INR 28.31. The EPS target was missed by 2.24% vs our estimation.
Other sector/company updates
- With demand in auto sector remain weak, the OEM battery business has suffered significantly. The main revenue for Amara Raja batteries earned by residential and replacement batteries.
- Government focus on electric vehicle is likely to work in favor of Amara Raja Batteries in long run.
- The
Future Prediction (As per annual result)*
For FY2019-20 the revenue of the company should increase by 7% (INR 72686.28 Mn), while profit should grow by 3% (INR 4858.25 Mn).
Our estimated EPS is INR 28.44 for the financial year.
* The estimated numbers may change based on 2019-20 quarterly results. Please refer quarterly result analysis for updates.
Detailed analysis of Amara Raja Batteries Ltd:
