X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
ASHOKA BUILDCON Announces Quarterly Results (3QFY19); Net Profit Up 19.6%

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?  

Markets will remain closed on 19th April, 2019 on account of Good Friday.

ASHOKA BUILDCON Announces Quarterly Results (3QFY19); Net Profit Up 19.6%
Thu, 31 Jan

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

ASHOKA BUILDCON Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m6,5897,64410,65139.3%61.6%
Other incomeRs m16615725461.5%53.3%
TurnoverRs m6,7557,80210,90539.8%61.4%
ExpensesRs m5,7946,6079,16438.7%58.2%
Gross profitRs m7961,0371,0905.1%37.0%
DepreciationRs m14416620221.7%39.8%
InterestRs m12813023984.3%87.2%
Profit before taxRs m6898999030.5%31.0%
TaxRs m1702782811.3%66.0%
Profit after taxRs m5206216220.1%19.6%
Gross profit margin%12.113.610.2
Effective tax rate%24.630.931.2
Net profit margin%7.78.05.7
* 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 61.6% on a year-on-year (YoY) basis. The expenses were up by 58.2% YoY during the same period.
  • The company's operating profit increased by 37.0% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 10.2% in 3QFY19 as against 12.1% in 3QFY18.
  • Depreciation charges increased by 39.8% and finance costs increased by 87.2% YoY, respectively.
  • Other income increased by 53.3% YoY during the quarter.
  • Net profit for the quarter increased by 19.6% YoY. Net profit margins during the quarter declined from 7.7% in 3QFY18 to 5.7% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 39.3% on a quarter-on-quarter (QoQ) basis. The expenses were up by 38.7% QoQ during the same period.
  • The company's operating profit declined by 5.1% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 10.2% in 3QFY19 as against 13.6% in 2QFY18.
  • Net profit for the quarter increased by 0.1% QoQ, while net profit margins declined from 8.0% in 2QFY18 to 5.7% in 3QFY19.

To see how ASHOKA BUILDCON has performed over the last eight quarters, please visit here.

ASHOKA BUILDCON Share Price Performance

Over the last one year, ASHOKA BUILDCON share price has moved up from Rs 152.3 to Rs 123.3, registering a Loss of Rs 29.0 or around 19.0%.

Meanwhile, the S&P BSE REALTY Index is trading at Rs 1,764.9 (up 0.0%). Over the last one year it has moved down from 2,609.1 to 1,764.9, a gain of 844 points (down 32.4%).

Overall, the S&P BSE SENSEX is down 0.2% over the year.

Current Valuations

At the current price of Rs 123.3, the price to earnings (P/E) ratio of ASHOKA BUILDCON stands at 7.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 7.3 times.

Equitymaster requests your view! Post a comment on "ASHOKA BUILDCON Announces Quarterly Results (3QFY19); Net Profit Up 19.6%". Click here!

  

Related Views on News

ASHOKA BUILDCON 2017-18 Annual Report Analysis (Annual Result Update)

Dec 18, 2018 | Updated on Dec 18, 2018

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

ASHOKA BUILDCON Announces Quarterly Results (2QFY19); Net Profit Up 90.0% (Quarterly Result Update)

Nov 12, 2018 | Updated on Nov 12, 2018

For the quarter ended September 2018, ASHOKA BUILDCON has posted a net profit of Rs 621 m (up 90.0% YoY). Sales on the other hand came in at Rs 8 bn (up 101.9% YoY). Read on for a complete analysis of ASHOKA BUILDCON's quarterly results.

ASHOKA BUILDCON Announces Quarterly Results (1QFY19); Net Profit Up 3.2% (Quarterly Result Update)

Aug 21, 2018 | Updated on Aug 21, 2018

For the quarter ended June 2018, ASHOKA BUILDCON has posted a net profit of Rs 639 m (up 3.2% YoY). Sales on the other hand came in at Rs 7 bn (down 5.4% YoY). Read on for a complete analysis of ASHOKA BUILDCON's quarterly results.

IRCON International IPO: Is This PSU Worth Betting On? (IPO)

Sep 17, 2018

Should you subscribe to the IPO of IRCON International Ltd?

Capacit'e Infraprojects Ltd. (IPO)

Sep 12, 2017

Should you subscribe to the IPO of Capacit'e Infraprojects Ltd?

More Views on News

Most Popular

Stocks that Could Be Out of Reach Post Elections(The 5 Minute Wrapup)

Apr 9, 2019

It's a matter of time before the stocks catch the fancy of the markets and big investors.

3 Indian Stocks with Amazon-Like Potential(Profit Hunter)

Apr 10, 2019

We have identified 3 stocks with huge wealth building potential which meet our 'Click of a Button' criteria.

This Company is Making a Big Comeback and You Can Now Profit from Its Example(The 5 Minute Wrapup)

Apr 10, 2019

How Dell got its mojo back.

This is Why the Stock of Jubilant FoodWorks Went Up 1,160%(The 5 Minute Wrapup)

Apr 12, 2019

This critical business strategy has enabled companies to scale their operations faster.

Pocketing Massive Gains with HDFC And HDFC Bank(Profit Hunter)

Apr 12, 2019

Here's how one could have generated gains of Rs 59,250 in 10 days by trading HDFC and HDFC Bank with a capital of Rs 4 lakh.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

ASHOKA BUILDCON SHARE PRICE


Apr 18, 2019 (Close)

TRACK ASHOKA BUILDCON

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

MORE ON ASHOKA BUILDCON

ASHOKA BUILDCON - PURAVANKARA COMPARISON

COMPARE ASHOKA BUILDCON WITH

MARKET STATS