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.
DEEP INDUSTRIES Announces Quarterly Results (3QFY19); Net Profit Down 18.3%

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?  

DEEP INDUSTRIES Announces Quarterly Results (3QFY19); Net Profit Down 18.3%
Mon, 25 Feb

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

DEEP INDUSTRIES Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m74754860410.1%-19.1%
Other incomeRs m294790.6%-74.8%
TurnoverRs m77655261110.7%-21.2%
ExpensesRs m3702462637.0%-29.0%
Gross profitRs m37630334112.7%-9.4%
DepreciationRs m988888-1.0%-10.2%
InterestRs m28203150.8%10.9%
Profit before taxRs m28019823016.4%-17.8%
TaxRs m96678018.9%-16.8%
Profit after taxRs m18413015015.1%-18.3%
Gross profit margin%50.455.256.5
Effective tax rate%34.334.034.8
Net profit margin%23.723.624.6
* 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 fell 19.1% on a year-on-year (YoY) basis. The expenses were down by 29.0% YoY during the same period.
  • The company's operating profit declined by 9.4% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 56.5% in 3QFY19 as against 50.4% in 3QFY18.
  • Depreciation charges declined by 10.2% and finance costs increased by 10.9% YoY, respectively.
  • Other income declined by 74.8% YoY during the quarter.
  • Net profit for the quarter declined by 18.3% YoY. Net profit margins during the quarter increased from 23.7% in 3QFY18 to 24.6% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 10.1% on a quarter-on-quarter (QoQ) basis. The expenses were up by 7.0% QoQ during the same period.
  • The company's operating profit increased by 12.7% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 56.5% in 3QFY19 as against 55.2% in 2QFY18.
  • Net profit for the quarter increased by 15.1% QoQ, while net profit margins increased from 23.6% in 2QFY18 to 24.6% in 3QFY19.

To see how DEEP INDUSTRIES has performed over the last eight quarters, please visit here.

DEEP INDUSTRIES Share Price Performance

Over the last one year, DEEP INDUSTRIES share price has moved up from Rs 192.5 to Rs 119.7, registering a Loss of Rs 72.8 or around 37.8%.

Overall, the S&P BSE SENSEX is up 6.3% over the year.

Current Valuations

At the current price of Rs 119.7, the price to earnings (P/E) ratio of DEEP INDUSTRIES stands at 5.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.8 times.

Equitymaster requests your view! Post a comment on "DEEP INDUSTRIES Announces Quarterly Results (3QFY19); Net Profit Down 18.3%". Click here!

  

Related Views on News

DEEP INDUSTRIES 2017-18 Annual Report Analysis (Annual Result Update)

Dec 19, 2018 | Updated on Dec 19, 2018

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

DEEP INDUSTRIES Announces Quarterly Results (2QFY19); Net Profit Down 27.5% (Quarterly Result Update)

Nov 27, 2018 | Updated on Nov 27, 2018

For the quarter ended September 2018, DEEP INDUSTRIES has posted a net profit of Rs 130 m (down 27.5% YoY). Sales on the other hand came in at Rs 548 m (down 25.5% YoY). Read on for a complete analysis of DEEP INDUSTRIES'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?

Bharat Dynamics IPO: Worth Betting on Defence Manufacturing? (IPO)

Mar 12, 2018

Should you apply for the IPO of Bharat Dynamics, India's first state-owned missile manufacturer?

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

DEEP INDUSTRIES SHARE PRICE


Apr 22, 2019 (Close)

TRACK DEEP INDUSTRIES

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

MORE ON DEEP INDUSTRIES

DEEP INDUSTRIES 5-YR ANALYSIS

COMPARE DEEP INDUSTRIES WITH

MARKET STATS