Tata Finance' dissenting profit growth - Views on News from Equitymaster

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

  • MyStocks


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

Tata Finance' dissenting profit growth

Nov 1, 2000

Tata Finance' operating margins improved in the 2QFY01 on the back of lower interest cost. However, higher depreciation charge and other expenses hit the bottomline of the company.

(Rs m)2QFY002QFY01Change
Operating Income 1,299 1,402 7.9%
Other Income 41 40 -1.2%
Interest Expenses 866 888 2.6%
Operating Profit (EBDIT) 433 514 18.5%
Operating Profit Margin (%)33.4%36.6%
Other expenses 226 280 23.7%
Depreciation 140 178 27.4%
Profit before Tax10896-11.4%
Profit after Tax/(Loss) 98 85 -12.9%
Net profit margin (%)7.5%6.1%
No. of Shares (eoy) (m) 40.82 45.48
Diluted number of shares (m) 45.48 45.48
Diluted Earnings per share*8.67.5
P/E (at current price) 7 8

At the current market price of Rs 60 Tata Finance is trading at a P/E of 8 times its 2QFY01 annualised earnings with a Price/Book value ratio of 0.6 times.

Equitymaster requests your view! Post a comment on "Tata Finance' dissenting profit growth". Click here!


More Views on News

7 Stocks that Mutual Funds Can't get Enough of (Views On News)

Dec 1, 2021

Come hell or high water, these are the top Indian stocks which mutual funds never leave.

5 Indian Banks with the Lowest NPAs. Here's How they Did It... (Views On News)

Sep 27, 2021

These banks have managed to maintain their asset quality even in the middle of a pandemic.

PNB Reports an Over Three-Fold Jump in Net Profit as Provisions Fall (Views On News)

Aug 3, 2021

The reduction in provisions for bad loans and asset quality stability may have aided the lender's earnings.

Here's Why IndusInd Bank's Net Profit Doubled in the June Quarter (Views On News)

Jul 28, 2021

All you need to know about the latest quarterly results of IndusInd Bank.

Axis Bank's Stock Falls as Results Disappoint on Asset Quality (Views On News)

Jul 27, 2021

Axis Bank's net profit more than doubles on a spike in other income and lower provisioning.

More Views on News

Most Popular

Infosys vs TCS: Which is Better? (Views On News)

Nov 26, 2021

In the post pandemic era, the top two IT companies in India are fighting to capture the growing demand for IT.

This Multibagger Stock Zooms 20% After Dolly Khanna Buys Stake (Views On News)

Nov 24, 2021

Shares of this edible oil company zoomed over 50% in three days after ace investor bought around 1% stake.

6 Popular Stocks that Turned into Penny Stocks (Views On News)

Nov 27, 2021

A look at popular stocks that crashed big time and never recovered, i.e. which went from 'Multibaggers to Multibeggers'.

India's Top 5 Monopoly Stocks to Watch Out for (Views On News)

Nov 30, 2021

These 5 companies dominate their sectors with a huge piece of the pie.

5 Indian Companies Embracing Blockchain Technology (Views On News)

Nov 23, 2021

Blockchain adoption in India was slow in the past. Now, the technology is being well received.


Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms


  • Track your investment in TATA FINANCE with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks