TATA SPONGE IRON LTD - RESULTS FOR 4TH QUARTER ENDED MARCH 2018

TATA SPONGE IRON Ltd

RESULTS FOR THE 4TH QUARTER ENDED MARCH 2018

TATA SPONGE has declared decent results for the fourth quarter ended March,2018.

TATA SPONGE	Mar '18	Dec '17	Sep '17	Jun '17	Mar '17	YOY%	QOQ%
Net Sales	243.5	214.47	167.18	175.02	167.17	45.66	13.54
Raw Materials	144.05	129.23	100.97	126.33	102.53	40.5	11.47
Increase in Stocks	2.21	7.76	6.23	-20.93	8.51	-74.03	-71.52
Employees Cost	11.3	10.12	10.58	9.8	11.42	-1.05	11.66
Depreciation	2.97	3.09	3.07	3.17	3.22	-7.76	-3.88
Other Expenses	24.35	19.25	15	21.22	18.92	28.7	26.49
P/B Other Inc., Int., Excpt. Items & Tax	58.62	45.02	31.33	35.43	22.57	159.73	30.21
Other Income	11.67	11.65	9.48	10.26	9.64	21.06	0.17
P/B Int., Excpt. Items & Tax	70.29	56.67	40.81	45.69	32.21	118.22	24.03
Interest	0.33	2.33	0.13	0.46	0.46	-28.26	-85.84
P B T	69.96	54.34	40.68	45.23	31.75	120.35	28.74
Tax	23.27	18.34	13.06	14.66	10.55	120.57	26.88
Net Profit	46.69	36	27.62	30.57	21.2	120.24	29.69
Equity	15.4	15.4	15.4	15.4	15.4	0	0
Basic EPS	30.32	23.38	17.93	19.85	13.76	120.35	29.68
Diluted EPS	30.32	23.38	17.93	19.85	13.76	120.35	29.68
MP	1123
PE	9.26
VOLUME	245277	ON NSE
PRICE TREND
	1 week	2 week	1 month	3 month	6 month	9 month	1 year
Price	1062	1120.3	1010.6	1056.5	926.05	837.45	857.5
Gain / Loss	5.30%	-0.18%	10.65%	5.84%	20.75%	33.53%	30.41%

Note : This analysis does not constitute a recommendation to Investors for BUY/SELL/HOLD decisions.