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.
CHOLAMANDALAM INVEST. Announces Quarterly Results (2QFY19); Net Profit Up 33.5%

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?  

CHOLAMANDALAM INVEST. Announces Quarterly Results (2QFY19); Net Profit Up 33.5%
Tue, 6 Nov

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

CHOLAMANDALAM INVEST. Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m13,12715,97016,7574.9%27.7%
Other incomeRs m221-50.0%-56.5%
TurnoverRs m13,12915,97216,7584.9%27.6%
ExpensesRs m3,9663,4403,397-1.2%-14.3%
Gross profitRs m9,16312,53113,3616.6%45.8%
DepreciationRs m1191271280.8%7.1%
InterestRs m5,5618,0188,6397.7%55.3%
Profit before taxRs m3,4864,3884,5954.7%31.8%
TaxRs m1,2041,5351,5490.9%28.6%
Profit after taxRs m2,2822,8533,0476.8%33.5%
Gross profit margin%69.878.579.7
Effective tax rate%34.535.033.7
Net profit margin%17.417.918.2
* 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 27.7% on a year-on-year (YoY) basis. The expenses were down by 14.3% YoY during the same period.
  • The company's operating profit increased by 45.8% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 79.7% in 2QFY19 as against 69.8% in 2QFY18.
  • Depreciation charges increased by 7.1% and finance costs increased by 55.3% YoY, respectively.
  • Other income declined by 56.5% YoY during the quarter.
  • Net profit for the quarter increased by 33.5% YoY. Net profit margins during the quarter increased from 17.4% in 2QFY18 to 18.2% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 4.9% on a quarter-on-quarter (QoQ) basis. The expenses were down by 1.2% QoQ during the same period.
  • The company's operating profit increased by 6.6% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 79.7% in 2QFY19 as against 78.5% in 1QFY18.
  • Net profit for the quarter increased by 6.8% QoQ, while net profit margins increased from 17.9% in 1QFY18 to 18.2% in 2QFY19.

To see how CHOLAMANDALAM INVEST. has performed over the last eight quarters, please visit here.

CHOLAMANDALAM INVEST. Share Price Performance

Over the last one year, CHOLAMANDALAM INVEST. share price has moved up from Rs 1,263.8 to Rs 1,305.5, registering a Gain of Rs 41.7 or around 3.3%.

Overall, the S&P BSE SENSEX is up 4.1% over the year.

Current Valuations

At the current price of Rs 1,305.5, the price to earnings (P/E) ratio of CHOLAMANDALAM INVEST. stands at 16.6 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 8.2 times.

Equitymaster requests your view! Post a comment on "CHOLAMANDALAM INVEST. Announces Quarterly Results (2QFY19); Net Profit Up 33.5%". Click here!

  

Related Views on News

CHOLAMANDALAM INVEST. Announces Quarterly Results (4QFY19); Net Profit Up 0.8% (Quarterly Result Update)

May 7, 2019 | Updated on May 7, 2019

For the quarter ended March 2019, CHOLAMANDALAM INVEST. has posted a net profit of Rs 3 bn (up 0.8% YoY). Sales on the other hand came in at Rs 19 bn (up 22.7% YoY). Read on for a complete analysis of CHOLAMANDALAM INVEST.'s quarterly results.

CHOLAMANDALAM INVEST. Announces Quarterly Results (3QFY19); Net Profit Up 21.7% (Quarterly Result Update)

Feb 1, 2019 | Updated on Feb 1, 2019

For the quarter ended December 2018, CHOLAMANDALAM INVEST. has posted a net profit of Rs 3 bn (up 21.7% YoY). Sales on the other hand came in at Rs 18 bn (up 30.4% YoY). Read on for a complete analysis of CHOLAMANDALAM INVEST.'s quarterly results.

CreditAccess Grameen IPO: Should You Apply to this Interesting Microfinance Play? (IPO)

Aug 7, 2018

Should you apply to the IPO of CreditAccess Grameen Ltd?

HDFC AMC IPO: Do Valuations Leave Enough on Table for Investors? (IPO)

Jul 20, 2018

Should you subscribe to the IPO of HDFC AMC Ltd?

IndoStar Capital Finance IPO: Is This NBFC Worth Betting On? (IPO)

May 8, 2018

Should you apply for the IPO of IndoStar Capital Finance?

More Views on News

Most Popular

My Top 7 Stocks to Profit from Sensex 100,000(The 5 Minute Wrapup)

May 16, 2019

Tanushree Banerjee explains everything you need to know about the Rebirth of India and Sensex 100,000.

3 Stocks to Bet on to Become a 'Dividend Millionaire'(Profit Hunter)

May 14, 2019

As markets continue to rattle amid earning season, upcoming elections, volatile crude price and US China trade war, it's a great idea to add some stability to your portfolio by adding dividend stocks.

Indian Steel: The Perfect Multibagger Opportunity(Profit Hunter)

May 17, 2019

A structurally strong Indian Steel Industry will help India achieve 8%+ GDP growth in the coming years.

What Makes TVS Srichakra and CCL Products a Cut Above the Rest?(The 5 Minute Wrapup)

May 17, 2019

Despite the commodity nature of their businesses, these two stocks have rewarded shareholders well.

The Bitter Pill that Will Lay the Foundation for Sensex 100,000(The 5 Minute Wrapup)

May 14, 2019

These companies will help the Sensex more than double from current levels.

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

CHOLAMANDALAM INVEST. SHARE PRICE


May 24, 2019 (Close)

TRACK CHOLAMANDALAM INVEST.

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

MORE ON CHOLAMANDALAM INVEST.

CHOLAMANDALAM INVEST. - TIMKEN INDIA COMPARISON

COMPARE CHOLAMANDALAM INVEST. WITH

MARKET STATS