ADVANI HOTELS Announces Quarterly Results (3QFY19); Net Profit Down 26.0%

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ADVANI HOTELS Announces Quarterly Results (3QFY19); Net Profit Down 26.0%
Fri, 22 Feb

ADVANI HOTELS has announced its results for the quarter ended December 2018. Here is a detailed performance review of the same:

ADVANI HOTELS Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m19912320163.0%0.9%
Other incomeRs m12210.7%68.2%
TurnoverRs m20012520362.2%1.4%
ExpensesRs m13412615623.8%15.8%
Gross profitRs m65-245-30.0%
DepreciationRs m999-1.5%2.4%
InterestRs m000-10.5%-5.6%
Profit before taxRs m57-1038-33.0%
TaxRs m19-210-46.7%
Profit after taxRs m38-828-26.0%
Gross profit margin%32.4-2.022.5
Effective tax rate%33.619.326.7
Net profit margin%18.8-6.413.7
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 0.9% on a year-on-year (YoY) basis. The expenses were up by 15.8% YoY during the same period.
  • The company's operating profit declined by 30.0% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 22.5% in 3QFY19 as against 32.4% in 3QFY18.
  • Depreciation charges increased by 2.4% and finance costs declined by 5.6% YoY, respectively.
  • Other income increased by 68.2% YoY during the quarter.
  • Net profit for the quarter declined by 26.0% YoY. Net profit margins during the quarter declined from 18.8% in 3QFY18 to 13.7% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 63.0% on a quarter-on-quarter (QoQ) basis. The expenses were up by 23.8% QoQ during the same period.
  • The company's operating profit increased by 1921.8% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 22.5% in 3QFY19 as against 2.0% in 2QFY18.
  • Net profit for the quarter increased by 446.3% QoQ, while net profit margins increased from -6.4% in 2QFY18 to 13.7% in 3QFY19.

To see how ADVANI HOTELS has performed over the last eight quarters, please visit here.

ADVANI HOTELS Share Price Performance

Over the last one year, ADVANI HOTELS share price has moved up from Rs 61.4 to Rs 67.0, registering a Gain of Rs 5.6 or around 9.0%.

Overall, the S&P BSE SENSEX is up 6.0% over the year.

Current Valuations

At the current price of Rs 67.0, the price to earnings (P/E) ratio of ADVANI HOTELS stands at 35.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 6.5 times.

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ADVANI HOTELS Announces Quarterly Results (1QFY20); Net Profit Down 24.7% (Quarterly Result Update)

Aug 26, 2019 | Updated on Aug 26, 2019

For the quarter ended June 2019, ADVANI HOTELS has posted a net profit of Rs 19 m (down 24.7% YoY). Sales on the other hand came in at Rs 164 m (up 8.9% YoY). Read on for a complete analysis of ADVANI HOTELS's quarterly results.

ADVANI HOTELS Announces Quarterly Results (2QFY19); Net Profit Down 93.5% (Quarterly Result Update)

Nov 12, 2018 | Updated on Nov 12, 2018

For the quarter ended September 2018, ADVANI HOTELS has posted a net profit of Rs 8 m (down 93.5% YoY). Sales on the other hand came in at Rs 123 m (up 14.0% YoY). Read on for a complete analysis of ADVANI HOTELS's quarterly results.

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