ASHIANA HOUSING has announced its results for the year ended March 2019. Let us have a look at the detailed performance review of the company during FY18-19.
No. of Mths Year Ending | 12 Mar-18* | 12 Mar-19* | % Change | |
---|---|---|---|---|
Net Sales | Rs m | 3,064 | 3,298 | 7.6% |
Other income | Rs m | 136 | 131 | -3.8% |
Total Revenues | Rs m | 3,200 | 3,429 | 7.2% |
Gross profit | Rs m | 544 | 342 | -37.2% |
Depreciation | Rs m | 73 | 82 | 11.3% |
Interest | Rs m | 119 | 152 | 27.1% |
Profit before tax | Rs m | 487 | 240 | -50.9% |
Tax | Rs m | 105 | 102 | -3.2% |
Profit after tax | Rs m | 382 | 138 | -64.0% |
Gross profit margin | % | 17.8 | 10.4 | |
Effective tax rate | % | 21.6 | 42.5 | |
Net profit margin | % | 11.9 | 4.0 |
No. of Mths Year Ending | 12 Mar-18* | 12 Mar-19* | % Change | |
---|---|---|---|---|
Networth | Rs m | 7,658 | 7,818 | 2.1 |
Current Liabilities | Rs m | 3,732 | 2,381 | -36.2 |
Long-term Debt | Rs m | 634 | 1,427 | 125.2 |
Total Liabilities | Rs m | 12,319 | 11,940 | -3.1 |
Current assets | Rs m | 10,881 | 10,455 | -3.9 |
Fixed Assets | Rs m | 1,196 | 1,204 | 0.6 |
Total Assets | Rs m | 12,319 | 11,940 | -3.1 |
Particulars | No. of months | 12 | 12 | % Change |
---|---|---|---|---|
Year Ending | Mar-18 | Mar-19 | ||
Cash Flow from Operating Activities | Rs m | -543 | -103 | - |
Cash Flow from Investing Activities | Rs m | 110 | 307 | 178.3% |
Cash Flow from Financing Activities | Rs m | 322 | 19 | -94.1% |
Net Cash Flow | Rs m | -110 | 223 | - |
No. of Mths Year Ending | 12 Mar-18* | 12 Mar-19* | |
---|---|---|---|
Sales per share (Unadj.) | Rs | 29.9 | 32.2 |
TTM Earnings per share | Rs | 3.7 | 1.3 |
Diluted earnings per share | Rs | 3.7 | 1.3 |
Price to Cash Flow | x | 27.1 | 56.3 |
TTM P/E ratio | x | 10.4 | 10.4 |
Price / Book Value ratio | x | 2.7 | 1.8 |
Market Cap | Rs m | 12,338 | 12,338 |
Dividends per share (Unadj.) | Rs | 0.3 | 0.3 |
Current Ratio: The company's current ratio improved and stood at 4.4x during FY19, from 2.9x during FY18. The current ratio measures the company's ability to pay short-term and long-term obligations.
Interest Coverage Ratio: The company's interest coverage ratio deteriorated and stood at 2.6x during FY19, from 5.1x during FY18. The interest coverage ratio of a company states how easily a company can pay its interest expense on outstanding debt. A higher ratio is preferable.
Return on Equity (ROE): The ROE for the company declined and down at 1.8% during FY19, from 5.0% during FY19. The ROE measures the ability of a firm to generate profits from its shareholders capital in the company.
Return on Capital Employed (ROCE): The ROCE for the company declined and down at 4.2% during FY19, from 7.3% during FY18. The ROCE measures the ability of a firm to generate profits from its total capital (shareholder capital plus debt capital) employed in the company.
Return on Assets (ROA): The ROA of the company declined and down at 2.4% during FY19, from 4.1% during FY18. The ROA measures how efficiently the company uses its assets to generate earnings.
No. of Mths Year Ending | 12 Mar-18* | 12 Mar-19* | |
---|---|---|---|
Current ratio | x | 2.9 | 4.4 |
Debtors’ Days | Days | 30 | 25 |
Interest coverage | x | 5.1 | 2.6 |
Debt to equity ratio | x | 0.1 | 0.2 |
Return on assets | % | 4.1 | 2.4 |
Return on equity | % | 5.0 | 1.8 |
Return on capital employed | % | 7.3 | 4.2 |
To see how ASHIANA HOUSING has performed over the last 5 years, please visit here.
Over the last one year, ASHIANA HOUSING share price has moved up from Rs 134.9 to Rs 120.6, registering a loss of Rs 14.3 or around 10.6%.
Meanwhile, the S&P BSE REALTY Index is trading at Rs 2,130.1 (up 1.7%). Over the last one year it has moved down from 2,168.5 to 2,130.1, a loss of 38 points (down 1.8%).
Overall, the S&P BSE SENSEX is up 12.0% over the year.
(To know more, check out historical annual results for ASHIANA HOUSING and quarterly results for ASHIANA HOUSING)
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