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Wednesday, December 7, 2016

Sona Koyo Share Price Trades Over 4 Per Cent Higher


Sona KoyoSona Koyo share price traded over 4 per cent higher on the National Stock Exchange (NSE) today after the company announced good Q2 results a few days ago. The day’s high and low of the share touched at Rs 61.80 and Rs 58.10 respectively. Sona Koyo share price opened at Rs 58.85 from the previous day’s close of Rs 58.30.
Automotive components manufacturer Sona Koyo has reported 17.2 per cent increase in the standalone PAT - Profit After Tax at Rs 61 million during Q2 FY17 as compared to Rs 52 million during same quarter previous year. The total revenue increased 5 per cent to Rs 2,855 million as compared to Rs 2,718 million in Q2 of FY16. The total revenue in H1FY17 rose to Rs. 5,497 million as compared to Rs. 5,319 million in H1FY16, and its EBITDA rose to reach Rs. 582 million in the H1FY17 as compared to Rs. 545 million in H1FY16.
The EBITDA margin improved because of decrease in other expenses as a percentage of revenues from 11.5 per cent in H1FY16 to 10.9 per cent in H1FY17. This was partially offset by increase in staff costs as a percentage of revenues from 11.8 per cent in H1FY16 to 12.1 per cent.

Peer Comparison:

Company
Market Cap (Rs. in Cr.)
P/E
P/B
EV / EBITDA
RoCE
1,158.66
38.04
3.23
6.85
15.78
62,462.53
52.79
7.55
27.1
21.25
43,685.17
26.68
4.34
12.98
26.15
15,755.75

6.61
18.22
35.76

Peer Comparison in terms of Dividend yield and D/E Ratio:
Company
Dividend Yield (%)
Debt to Equity Ratio (D/E)
Sona Koyo Steering Systems Ltd
0.86
0.89
Bosch Ltd
0.43
0.01
Motherson Sumi Systems Ltd
0.76
1.52
Amara Raja Batteries Ltd
0.46
0.04

For other details on the financials and fundamentals of the share, please visit Sona Koyo share price history.

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