X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2018 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.
BL KASHYAP & SONS Announces Quarterly Results (1QFY19); Net Profit Up 134.8%

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?  

BL KASHYAP & SONS Announces Quarterly Results (1QFY19); Net Profit Up 134.8%
Mon, 20 Aug

BL KASHYAP & SONS has announced its results for the quarter ended June 2018. Here is a detailed performance review of the same:

BL KASHYAP & SONS Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-17*
3
Mar-18*
3
Jun-18*
QoQ ChangeYoY Change
Net SalesRs m2,1642,3982,051-14.5%-5.2%
Other incomeRs m3633169-79.3%93.0%
TurnoverRs m2,1992,7292,120-22.3%-3.6%
ExpensesRs m1,9242,2661,796-20.7%-6.6%
Gross profitRs m24013225593.5%6.3%
DepreciationRs m24202312.0%-6.4%
InterestRs m164158124-21.5%-24.6%
Profit before taxRs m87285177-37.9%103.9%
TaxRs m362558135.4%60.8%
Profit after taxRs m51260119-54.4%134.8%
Gross profit margin%11.15.512.4
Effective tax rate%41.78.732.9
Net profit margin%2.39.55.6
* 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 fell 5.2% on a year-on-year (YoY) basis. The expenses were down by 6.6% YoY during the same period.
  • The company's operating profit increased by 6.3% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 12.4% in 1QFY19 as against 11.1% in 1QFY18.
  • Depreciation charges and finance costs declined by 6.4% YoY and 24.6% YoY, respectively.
  • Other income increased by 93.0% YoY during the quarter.
  • Net profit for the quarter increased by 134.8% YoY. Net profit margins during the quarter increased from 2.3% in 1QFY18 to 5.6% in 1QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 14.5% on a quarter-on-quarter (QoQ) basis. The expenses were down by 20.7% QoQ during the same period.
  • The company's operating profit increased by 93.5% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 12.4% in 1QFY19 as against 5.5% in 4QFY18.
  • Net profit for the quarter declined by 54.4% QoQ, while net profit margins declined from 9.5% in 4QFY18 to 5.6% in 1QFY19.

To see how BL KASHYAP & SONS has performed over the last eight quarters, please visit here.

BL KASHYAP & SONS Share Price Performance

Over the last one year, BL KASHYAP & SONS share price has moved up from Rs 39.1 to Rs 33.9, registering a Loss of Rs 5.3 or around 13.4%.

Meanwhile, the S&P BSE REALTY Index is trading at Rs 2,144.1 (up 0.5%). Over the last one year it has moved up from 2,090.1 to 2,144.1, a gain of 54 points (up 2.6%).

Overall, the S&P BSE SENSEX is up 20.5% over the year.

Current Valuations

At the current price of Rs 33.9, the price to earnings (P/E) ratio of BL KASHYAP & SONS stands at 12.5 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.7 times.

Equitymaster requests your view! Post a comment on "BL KASHYAP & SONS Announces Quarterly Results (1QFY19); Net Profit Up 134.8%". Click here!

  

Related Views on News

BL KASHYAP & SONS Announces Quarterly Results (2QFY19); Net Profit Up 20.3% (Quarterly Result Update)

Nov 14, 2018 | Updated on Nov 14, 2018

For the quarter ended September 2018, BL KASHYAP & SONS has posted a net profit of Rs 99 m (up 20.3% YoY). Sales on the other hand came in at Rs 2 bn (down 13.6% YoY). Read on for a complete analysis of BL KASHYAP & SONS's quarterly results.

BL KASHYAP & SONS Announces Quarterly Results (4QFY18); Net Profit Up 1628.8% (Quarterly Result Update)

Aug 20, 2018 | Updated on Aug 20, 2018

For the quarter ended March 2018, BL KASHYAP & SONS has posted a net profit of Rs 260 m (up 1628.8% YoY). Sales on the other hand came in at Rs 2 bn (up 2.4% YoY). Read on for a complete analysis of BL KASHYAP & SONS'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?

Bharat Road Network Ltd. (IPO)

Sep 5, 2017

Should you subscribe to the IPO of Bharat Road Network Ltd?

More Views on News

Most Popular

It's Almost the Perfect Time to Buy This Safe Stock(The 5 Minute Wrapup)

Dec 6, 2018

My latest StockSelect recommendation ticks all the boxes of a great safe stock.

Patel's Exit, Election Results, and 4 'Must Have' Small Caps in These Exceptional Times(Profit Hunter)

Dec 11, 2018

RBI Governor's resignation is a statement of dissent with the way government is handling the economy's affairs and could lead to some serious market correction. Here's how to make the most of it.

Players in an Oligopoly Should Have Financials Like This(Chart Of The Day)

Dec 7, 2018

This stock has corrected 30% from peak and looks attractive at these valuations.

Looking For Higher Interest Rates on Bank FDs? Read This!(Outside View)

Dec 5, 2018

Credit disbursement to the productive sectors of the economy such as infrastructure, engineering, food processing, textiles, and chemicals, among others is rising.

DSP Mutual Fund's Sale of DHFL Bonds: Here's What You Need to Know(Outside View)

Dec 5, 2018

PersonalFN explains the probable reason as to why the capital market regulator has initiated DSP Mutual Fund's bond sale that caused DHFL stock to crash.

More

Small Investments
BIG Returns

Zero To Millions Guide 2019
Get our special report, Zero To Millions
(2019 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

BL KASHYAP & SONS SHARE PRICE


Dec 17, 2018 (Close)

TRACK BL KASHYAP & SONS

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

MORE ON BL KASHYAP & SONS

BL KASHYAP & SONS - J KUMAR INFRA COMPARISON

COMPARE BL KASHYAP & SONS WITH

MARKET STATS