Ucal Fuels posted excellent Q2FY15 numbers wherein its net profit zoomed up from Rs.2 crore to Rs.8 crore, a four times jump (YoY). Sequentially it has risen from Rs.3 crore. There was no exceptional or other income which spiked up the bottomline; it was purely on operational performance. Its net sales for the quarter jumped up 17% (YoY) at rs.136 crore. Its EBITDA margin rose by almost a huge 400 bps to 16.6%, which is extremely good for a company in this given sector.

The company manufactures Fuel Management Systems for Automotive sector and also pumps, emission control parts and various components for both ferrous and non ferrous material. It is a preferred supplier for some of the top OEMs such as Maruti Udyog, Hyundai, Cummins, Bosch, Mikuni, General Motors, TVS Motor Company, Bajaj Auto, Suzuki, Yamaha, Hero Honda Motors, etc. The best news here is that its Q2FY15 net profit alone surpassed its entire FY14 net profit of Rs.8.22 crore and obviously, H1FY15 is much higher at Rs.11.5 crore. If the company continues to have the same run, it could anyway end current fiscal on a bumper note.