BRIGADE ENTERPRISES Announces Quarterly Results (4QFY19); Net Profit Up 366.8%

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?  

BRIGADE ENTERPRISES Announces Quarterly Results (4QFY19); Net Profit Up 366.8%
Fri, 10 May

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

BRIGADE ENTERPRISES Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m4,3356,8777,60010.5%75.3%
Other incomeRs m14110317873.6%25.8%
TurnoverRs m4,4776,9807,77811.4%73.7%
ExpensesRs m2,9875,1185,4466.4%82.3%
Gross profitRs m1,2331,7592,15422.4%74.7%
DepreciationRs m37232042532.8%14.1%
InterestRs m7466977639.4%2.2%
Profit before taxRs m2568451,14435.4%347.7%
TaxRs m10225142870.6%319.0%
Profit after taxRs m15459471720.6%366.8%
Gross profit margin%28.425.628.3
Effective tax rate%39.929.737.4
Net profit margin%3.48.59.2
* 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 75.3% on a year-on-year (YoY) basis. The expenses were up by 82.3% YoY during the same period.
  • The company's operating profit increased by 74.7% YoY during the quarter. Consequently, operating profit margins remained same and stood at 28.3% in 4QFY19.
  • Depreciation charges increased by 14.1% and finance costs increased by 2.2% YoY, respectively.
  • Other income increased by 25.8% YoY during the quarter.
  • Net profit for the quarter increased by 366.8% YoY. Net profit margins during the quarter increased from 3.4% in 4QFY18 to 9.2% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 10.5% on a quarter-on-quarter (QoQ) basis. The expenses were up by 6.4% QoQ during the same period.
  • The company's operating profit increased by 22.4% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 28.3% in 4QFY19 as against 25.6% in 3QFY18.
  • Net profit for the quarter increased by 20.6% QoQ, while net profit margins increased from 8.5% in 3QFY18 to 9.2% in 4QFY19.

To see how BRIGADE ENTERPRISES has performed over the last eight quarters, please visit here.

BRIGADE ENTERPRISES Share Price Performance

Over the last one year, BRIGADE ENTERPRISES share price has moved up from Rs 262.7 to Rs 240.2, registering a Loss of Rs 22.5 or around 8.5%.

Meanwhile, the S&P BSE REALTY Index is trading at Rs 1,965.3 (up 1.0%). Over the last one year it has moved down from 2,350.2 to 1,965.3, a gain of 385 points (down 16.4%).

Overall, the S&P BSE SENSEX is up 6.6% over the year.

Current Valuations

At the current price of Rs 240.2, the price to earnings (P/E) ratio of BRIGADE ENTERPRISES stands at 9.7 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.2 times.

Equitymaster requests your view! Post a comment on "BRIGADE ENTERPRISES Announces Quarterly Results (4QFY19); Net Profit Up 366.8%". Click here!

  

Related Views on News

BRIGADE ENTERPRISES Announces Quarterly Results (2QFY20); Net Profit Down 57.1% (Quarterly Result Update)

Nov 12, 2019 | Updated on Nov 12, 2019

For the quarter ended September 2019, BRIGADE ENTERPRISES has posted a net profit of Rs 372 m (down 57.1% YoY). Sales on the other hand came in at Rs 7 bn (down 11.0% YoY). Read on for a complete analysis of BRIGADE ENTERPRISES's quarterly results.

BRIGADE ENTERPRISES 2018-19 Annual Report Analysis (Annual Result Update)

Sep 25, 2019 | Updated on Sep 25, 2019

Here's an analysis of the annual report of BRIGADE ENTERPRISES for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of BRIGADE ENTERPRISES. Also includes updates on the valuation of BRIGADE ENTERPRISES.

BRIGADE ENTERPRISES Announces Quarterly Results (3QFY19); Net Profit Up 30.4% (Quarterly Result Update)

Feb 13, 2019 | Updated on Feb 13, 2019

For the quarter ended December 2018, BRIGADE ENTERPRISES has posted a net profit of Rs 594 m (up 30.4% YoY). Sales on the other hand came in at Rs 7 bn (up 62.2% YoY). Read on for a complete analysis of BRIGADE ENTERPRISES's quarterly results.

BRIGADE ENTERPRISES 2017-18 Annual Report Analysis (Annual Result Update)

Dec 20, 2018 | Updated on Dec 20, 2018

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

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

Sep 17, 2018

Should you subscribe to the IPO of IRCON International Ltd?

More Views on News

Most Popular

Could this Smallcap Be the Next Page Industries?(Profit Hunter)

Nov 27, 2019

A single stock - Coca Cola, made Buffett billions. Here's your chance to break into the crorepati club with a single smallcap stock investment.

How We Made 12.68% in One Overnight Trade(The 5 Minute Wrapup)

Nov 25, 2019

This one trade had my subscribers laughing all the way to the bank.

A Simple, 7-Step Checklist for Your Trading Success

Dec 4, 2019

What we can learn from one of the greatest traders to have ever lived.

Growth Stocks or Value Stocks... What Will Make You More Money in this Bull Market?(Profit Hunter)

Nov 28, 2019

Should you invest in growth stocks or value stocks to make strong returns in this market?

Two Trends to Look at as Sensex Crosses 41,000 Levels(Views On News)

Nov 26, 2019

The two trends that are playing out as Sensex touches new record high.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2020
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

BRIGADE ENTERPRISES SHARE PRICE


Dec 6, 2019 (Close)

TRACK BRIGADE ENTERPRISES

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

MORE ON BRIGADE ENTERPRISES

BRIGADE ENTERPRISES 5-YR ANALYSIS

COMPARE BRIGADE ENTERPRISES WITH

MARKET STATS