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.
COX & KINGS Announces Quarterly Results (2QFY19); Net Profit Down 39.0%

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.

COX & KINGS Announces Quarterly Results (2QFY19); Net Profit Down 39.0%
Fri, 16 Nov

COX & KINGS has announced its results for the quarter ended September 2018. Here is a detailed performance review of the same:

COX & KINGS Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m15,93921,83918,669-14.5%17.1%
Other incomeRs m6717723231.1%245.0%
TurnoverRs m16,00622,01618,901-14.1%18.1%
ExpensesRs m12,46218,86015,843-16.0%27.1%
Gross profitRs m3,4562,9272,445-16.5%-29.3%
DepreciationRs m2352812830.7%20.4%
InterestRs m622613593-3.3%-4.6%
Profit before taxRs m2,6662,2101,800-18.5%-32.5%
TaxRs m644841566-32.7%-12.1%
Profit after taxRs m2,0221,3691,234-9.8%-39.0%
Gross profit margin%21.713.413.1
Effective tax rate%24.138.131.4
Net profit margin%12.66.26.5
* 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 17.1% on a year-on-year (YoY) basis. The expenses were up by 27.1% YoY during the same period.
  • The company's operating profit declined by 29.3% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 13.1% in 2QFY19 as against 21.7% in 2QFY18.
  • Depreciation charges increased by 20.4% and finance costs declined by 4.6% YoY, respectively.
  • Other income increased by 245.0% YoY during the quarter.
  • Net profit for the quarter declined by 39.0% YoY. Net profit margins during the quarter declined from 12.6% in 2QFY18 to 6.5% in 2QFY19.
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 16.0% QoQ during the same period.
  • The company's operating profit declined by 16.5% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 13.1% in 2QFY19 as against 13.4% in 1QFY18.
  • Net profit for the quarter declined by 9.8% QoQ, while net profit margins increased from 6.2% in 1QFY18 to 6.5% in 2QFY19.

To see how COX & KINGS has performed over the last eight quarters, please visit here.

COX & KINGS Share Price Performance

Over the last one year, COX & KINGS share price has moved up from Rs 250.4 to Rs 189.8, registering a Loss of Rs 60.6 or around 24.2%.

Overall, the S&P BSE SENSEX is up 8.4% over the year.

Current Valuations

At the current price of Rs 189.8, the price to earnings (P/E) ratio of COX & KINGS stands at 10.2 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 "COX & KINGS Announces Quarterly Results (2QFY19); Net Profit Down 39.0%". Click here!

  

Related Views on News

COX & KINGS Announces Quarterly Results (3QFY19); Net Profit Down 58.8% (Quarterly Result Update)

Feb 22, 2019 | Updated on Feb 22, 2019

For the quarter ended December 2018, COX & KINGS has posted a net profit of Rs 319 m (down 58.8% YoY). Sales on the other hand came in at Rs 13 bn (down 3.6% YoY). Read on for a complete analysis of COX & KINGS's quarterly results.

COX & KINGS 2016-17 Annual Report Analysis (Annual Result Update)

Dec 19, 2018 | Updated on Dec 19, 2018

Here's an analysis of the annual report of COX & KINGS for 2016-17. It includes a full income statement, balance sheet and cash flow analysis of COX & KINGS. Also includes updates on the valuation of COX & KINGS.

COX & KINGS Announces Quarterly Results (1QFY19); Net Profit Down 27.2% (Quarterly Result Update)

Aug 16, 2018 | Updated on Aug 16, 2018

For the quarter ended June 2018, COX & KINGS has posted a net profit of Rs 1 bn (down 27.2% YoY). Sales on the other hand came in at Rs 22 bn (up 14.5% YoY). Read on for a complete analysis of COX & KINGS's quarterly results.

MSTC IPO: Should You Bet on This State-Run E-Commerce Player? (IPO)

Mar 13, 2019

Should you subscribe to the IPO of MSPC Limited?

Hindustan Aeronautics IPO: Yet Another Play on India's Defence Sector (IPO)

Mar 14, 2018

Should you apply for the IPO of state-run military aircraft maker Hindustan Aeronautics?

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

COX & KINGS SHARE PRICE


Apr 18, 2019 (Close)

TRACK COX & KINGS

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

COX & KINGS 5-YR ANALYSIS

COMPARE COX & KINGS WITH

MARKET STATS