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

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 (3QFY19); Net Profit Up 21.7%
Fri, 1 Feb

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

CHOLAMANDALAM INVEST. Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m14,04316,75718,3079.2%30.4%
Other incomeRs m11110.0%57.1%
TurnoverRs m14,04416,75818,3089.2%30.4%
ExpensesRs m4,2093,3973,96116.6%-5.9%
Gross profitRs m9,83913,36114,3467.4%45.8%
DepreciationRs m13812815118.1%9.5%
InterestRs m5,8968,6399,56110.7%62.2%
Profit before taxRs m3,8064,5954,6350.9%21.8%
TaxRs m1,3041,5491,5912.8%22.0%
Profit after taxRs m2,5023,0473,044-0.1%21.7%
Gross profit margin%70.179.778.4
Effective tax rate%34.333.734.3
Net profit margin%17.818.216.6
* 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 grew 30.4% on a year-on-year (YoY) basis. The expenses were down by 5.9% 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 78.4% in 3QFY19 as against 70.1% in 3QFY18.
  • Depreciation charges increased by 9.5% and finance costs increased by 62.2% YoY, respectively.
  • Other income increased by 57.1% YoY during the quarter.
  • Net profit for the quarter increased by 21.7% YoY. Net profit margins during the quarter declined from 17.8% in 3QFY18 to 16.6% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 9.2% on a quarter-on-quarter (QoQ) basis. The expenses were up by 16.6% QoQ during the same period.
  • The company's operating profit declined by 7.4% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 78.4% in 3QFY19 as against 79.7% in 2QFY18.
  • Net profit for the quarter declined by 0.1% QoQ, while net profit margins declined from 18.2% in 2QFY18 to 16.6% in 3QFY19.

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 1,330.9 to Rs 1,210.0, registering a Loss of Rs 120.9 or around 9.1%.

Overall, the S&P BSE SENSEX is up 1.2% over the year.

Current Valuations

At the current price of Rs 1,210.0, the price to earnings (P/E) ratio of CHOLAMANDALAM INVEST. stands at 14.7 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 7.6 times.

Equitymaster requests your view! Post a comment on "CHOLAMANDALAM INVEST. Announces Quarterly Results (3QFY19); Net Profit Up 21.7%". Click here!

  

Related Views on News

CAMS IPO: Should You Apply? (IPO)

Sep 18, 2020

Does the company having 70% market share of the mutual fund registrar business have sound prospects?

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.

More Views on News

Most Popular

My Top Stock Recommendation for 2021 and Beyond(Profit Hunter)

Jan 5, 2021

My new guide will show you the huge potential in future proof businesses.

'Essential' Smallcap Stock Recommendations(Profit Hunter)

Jan 8, 2021

The smallcap rally has enough steam left in it. If you haven't joined yet, it is still not too late.

Is Nifty Forming a Top(Fast Profits Daily)

Jan 8, 2021

The charts are telling the bulls to be cautious.

Why Gold Hit Lower Circuit(Fast Profits Daily)

Jan 11, 2021

Were you shocked that bullion prices hit lower circuits on Friday on the MCX? Find out why it happened...

Five Wishes and a Will(The Honest Truth)

Jan 4, 2021

Ajit Dayal on the investing strategy for 2021 and beyond.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

CHOLAMANDALAM INVEST SHARE PRICE


Jan 15, 2021 (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 8-QTR ANALYSIS

COMPARE CHOLAMANDALAM INVEST WITH

MARKET STATS