NDTV: Losses mount - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

MidCapSelect
  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

NDTV: Losses mount

Oct 18, 2007

Performance summary
  • Sales grow 47% YoY in 2QFY08, 28% in 1HFY08.

  • EBIDTA margins turn into positive owing to lower cost of operations

  • Lower tax credits increase loss levels during the quarter. Pressure on bottomline would have been higher but for the effect of extraordinary expenses in 2QFY07.

Standalone numbers
Rs m 2QFY07 2QFY08 Change 1HFY07 1HFY08 Change
Sales 463 678 46.5% 1,007 1,287 27.9%
Expenditure 517 676 30.6% 1,020 1,272 24.7%
Operating profit (55) 2   (14) 15  
Operating profit margin (%) -11.8% 0.3%   -1.3% 1.2%  
Other income 3 1 -51.6% 7 11 58.0%
Depreciation 42 47 12.4% 81 92 13.4%
Interest 1 6   2 9 489.4%
Profit before tax (94) (50)   (90) (75)  
Tax (143) (10)   (143) (14)  
Extraordinary income/(expense) (81)     (191) -  
Profit after tax (32) (40)   (138) (61)  
Net profit margin(%) -7.0% -5.8%   -13.7% -4.7%  
No of shares (m)         62.5  
Diluted earnings per share (Rs)*         (1.1)  
Price to earnings ratio*         NA  
*Based on 12-month trailing earnings

What to expect?
The stock is currently trading at Rs 340. Considering that the company has posted a loss on a trailing 12 months basis, it is not possible to calculate a P/E valuation multiple for the stocks. We shall put up a detailed analysis of the results on receipt of further information from the company.

To Read the Full Story, Subscribe or Sign In
To Read the Full Story, Subscribe or Sign In


Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

NDTV SHARE PRICE


Aug 11, 2020 12:55 PM

TRACK NDTV

COMPARE NDTV WITH

MARKET STATS