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.
D. B. CORP Announces Quarterly Results (2QFY19); Net Profit Down 41.3%

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?  

D. B. CORP Announces Quarterly Results (2QFY19); Net Profit Down 41.3%
Fri, 9 Nov

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

D. B. CORP Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m5,6836,3245,821-8.0%2.4%
Other incomeRs m576854-21.7%-6.5%
TurnoverRs m5,7416,3925,874-8.1%2.3%
ExpensesRs m4,2844,6444,8985.5%14.3%
Gross profitRs m1,3991,680923-45.1%-34.0%
DepreciationRs m2292432513.1%9.7%
InterestRs m20183070.7%47.0%
Profit before taxRs m1,2071,488696-53.2%-42.4%
TaxRs m421512234-54.3%-44.4%
Profit after taxRs m787976462-52.7%-41.3%
Gross profit margin%24.626.615.9
Effective tax rate%34.834.433.6
Net profit margin%13.715.37.9
* 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 2.4% on a year-on-year (YoY) basis. The expenses were up by 14.3% YoY during the same period.
  • The company's operating profit declined by 34.0% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 15.9% in 2QFY19 as against 24.6% in 2QFY18.
  • Depreciation charges increased by 9.7% and finance costs increased by 47.0% YoY, respectively.
  • Other income declined by 6.5% YoY during the quarter.
  • Net profit for the quarter declined by 41.3% YoY. Net profit margins during the quarter declined from 13.7% in 2QFY18 to 7.9% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 8.0% on a quarter-on-quarter (QoQ) basis. The expenses were up by 5.5% QoQ during the same period.
  • The company's operating profit declined by 45.1% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 15.9% in 2QFY19 as against 26.6% in 1QFY18.
  • Net profit for the quarter declined by 52.7% QoQ, while net profit margins declined from 15.3% in 1QFY18 to 7.9% in 2QFY19.

To see how D. B. CORP has performed over the last eight quarters, please visit here.

D. B. CORP Share Price Performance

Over the last one year, D. B. CORP share price has moved up from Rs 367.0 to Rs 169.1, registering a Loss of Rs 197.9 or around 53.9%.

Meanwhile, the S&P BSE TECK Index is trading at Rs 7,093.5 (down 1.3%). Over the last one year it has moved up from 6,131.5 to 7,093.5, a gain of 962 points (up 15.7%).

Overall, the S&P BSE SENSEX is up 5.4% over the year.

Current Valuations

At the current price of Rs 169.1, the price to earnings (P/E) ratio of D. B. CORP stands at 11.1 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.6 times.

Equitymaster requests your view! Post a comment on "D. B. CORP Announces Quarterly Results (2QFY19); Net Profit Down 41.3%". Click here!

  

Related Views on News

D. B. CORP Announces Quarterly Results (3QFY19); Net Profit Down 3.2% (Quarterly Result Update)

Jan 24, 2019 | Updated on Jan 24, 2019

For the quarter ended December 2018, D. B. CORP has posted a net profit of Rs 756 m (down 3.2% YoY). Sales on the other hand came in at Rs 7 bn (up 10.2% YoY). Read on for a complete analysis of D. B. CORP's quarterly results.

D. B. CORP Announces Quarterly Results (1QFY19); Net Profit Down 11.4% (Quarterly Result Update)

Aug 3, 2018 | Updated on Aug 3, 2018

For the quarter ended June 2018, D. B. CORP has posted a net profit of Rs 976 m (down 11.4% YoY). Sales on the other hand came in at Rs 6 bn (up 6.4% YoY). Read on for a complete analysis of D. B. CORP's quarterly results.

GTPL Hathway Ltd. (IPO)

Jun 21, 2017

Should one subscribe to the IPO of GTPL Hathway Ltd?

More Views on News

Most Popular

My Master Series on How to Trade Election 2019(Profit Hunter)

Apr 16, 2019

For 30 years he has watched how elections impact the markets, and practiced how to profit from it. Now he is here...telling you everything. Read on...

Election Series: Follow the World's Biggest Traders To See Where the Money Flows(The 5 Minute Wrapup)

Apr 17, 2019

20% of all the traders bring in 80% of the money. Watch these 20% and you get a working idea of which way the wind is blowing.

The Best Trading Strategy in the World(Profit Hunter)

Apr 15, 2019

It's our great pleasure to introduce Vijay Bhambwani to our readers - we consider Vijay to be India's best trader. Read on to find out why...

A Letter to You from India's No. 1 Trader(The 5 Minute Wrapup)

Apr 15, 2019

It's our great pleasure to introduce Vijay Bhambwani to our readers - we consider Vijay to be India's best trader. Read on to find out why...

Election Series: Why 'Liquor' is so Important to the Elections(The 5 Minute Wrapup)

Apr 19, 2019

When elections come around, liquor flows like water and everyone gets drunk with power...what does this mean for liquor stocks? Read one to find out from our very own election trading analyst, Vijay Bhambwani.

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

D. B. CORP SHARE PRICE


Apr 26, 2019 (Close)

TRACK D. B. CORP

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

D. B. CORP - HT MEDIA COMPARISON

COMPARE D. B. CORP WITH

MARKET STATS