ADANI POWER Announces Quarterly Results (4QFY19); Net Profit Up 197.9%

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

  • MyStocks

MEMBER'S LOGINX

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

ADANI POWER Announces Quarterly Results (4QFY19); Net Profit Up 197.9%
Thu, 30 May

ADANI POWER has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:

ADANI POWER Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m40,64263,80367,2175.4%65.4%
Other incomeRs m9702,86813,562372.9%1297.8%
TurnoverRs m41,61266,67180,77921.2%94.1%
ExpensesRs m27,61952,94761,13615.5%121.4%
Gross profitRs m13,02310,8576,081-44.0%-53.3%
DepreciationRs m6,8146,8226,9171.4%1.5%
InterestRs m13,63215,30813,568-11.4%-0.5%
Profit before taxRs m-6,453-8,405-841
TaxRs m333,403-7,188-311.2%-22147.9%
Profit after taxRs m-6,486-11,8086,346
Gross profit margin%32.017.09.0
Effective tax rate%-0.5-40.5854.4
Net profit margin%-15.6-17.77.9
* 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 65.4% on a year-on-year (YoY) basis. The expenses were up by 121.4% YoY during the same period.
  • The company's operating profit declined by 53.3% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 9.0% in 4QFY19 as against 32.0% in 4QFY18.
  • Depreciation charges increased by 1.5% and finance costs declined by 0.5% YoY, respectively.
  • Other income increased by 1297.8% YoY during the quarter.
  • Net profit for the quarter increased by 197.9% YoY. Net profit margins during the quarter increased from -15.6% in 4QFY18 to 7.9% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 5.4% on a quarter-on-quarter (QoQ) basis. The expenses were up by 15.5% QoQ during the same period.
  • The company's operating profit declined by 44.0% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 9.0% in 4QFY19 as against 17.0% in 3QFY18.
  • Net profit for the quarter increased by 153.7% QoQ, while net profit margins increased from -17.7% in 3QFY18 to 7.9% in 4QFY19.

To see how ADANI POWER has performed over the last eight quarters, please visit here.

ADANI POWER Share Price Performance

Over the last one year, ADANI POWER share price has moved up from Rs 20.2 to Rs 50.3, registering a Gain of Rs 30.1 or around 149.4%.

Meanwhile, the S&P BSE POWER Index is trading at Rs 2,018.2 (up 0.7%). Over the last one year it has moved down from 2,136.9 to 2,018.2, a gain of 119 points (down 5.6%).

Overall, the S&P BSE SENSEX is up 13.6% over the year.

Current Valuations

At the current price of Rs 50.3, the price to book value (P/BV) ratio of ADANI POWER stands at 16.3 times.

Equitymaster requests your view! Post a comment on "ADANI POWER Announces Quarterly Results (4QFY19); Net Profit Up 197.9%". Click here!

  

Related Views on News

ADANI POWER Announces Quarterly Results (1QFY21); Net Profit Down 75.1% (Quarterly Result Update)

Aug 18, 2020 | Updated on Aug 18, 2020

For the quarter ended June 2020, ADANI POWER has posted a net profit of Rs 7 bn (down 75.1% YoY). Sales on the other hand came in at Rs 52 bn (down 33.3% YoY). Read on for a complete analysis of ADANI POWER's quarterly results.

ADANI POWER Announces Quarterly Results (1QFY20); Net Profit Up 52.8% (Quarterly Result Update)

Aug 8, 2019 | Updated on Aug 8, 2019

For the quarter ended June 2019, ADANI POWER has posted a net profit of Rs 4 bn (up 52.8% YoY). Sales on the other hand came in at Rs 78 bn (up 103.8% YoY). Read on for a complete analysis of ADANI POWER's quarterly results.

ADANI POWER 2017-18 Annual Report Analysis (Annual Result Update)

Mar 29, 2019 | Updated on Mar 29, 2019

Here's an analysis of the annual report of ADANI POWER for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of ADANI POWER. Also includes updates on the valuation of ADANI POWER.

More Views on News

Most Popular

My Top Stock to Buy in this Market Selloff(Profit Hunter)

Sep 22, 2020

The recent correction offers a great opportunity to buy this high conviction smallcap stock.

Can the Nifty Fall to 10,200?(Fast Profits Daily)

Sep 24, 2020

The Nifty has reached an important support level today. If it breaks then we could see further downside.

I Believe These Stocks Will Deliver the Most Outsized Returns in 2021 and Beyond(Profit Hunter)

Sep 23, 2020

Rules of the racetrack can help you bag the biggest gainers of the coming decade.

What Do the Charts Say About Buying Smallcaps Now?(Fast Profits Daily)

Sep 18, 2020

Everyone seems to be excited about buying smallcaps now...but is it the right thing to do? What do the charts tell us? Find out in this video...

More

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

ADANI POWER SHARE PRICE


Oct 1, 2020 03:37 PM

TRACK ADANI POWER

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

ADANI POWER - ELECTRICITE DE COMPARISON

COMPARE ADANI POWER WITH

MARKET STATS