DISH TV Announces Quarterly Results (4QFY19); Net Profit Down 1251.6%

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 2nd October, 2020 (Friday) on account of Mahatma Gandhi Jayanti.

DISH TV Announces Quarterly Results (4QFY19); Net Profit Down 1251.6%
Mon, 27 May

DISH TV has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:

DISH TV Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m15,32415,17513,988-7.8%-8.7%
Other incomeRs m12712196-20.5%-24.4%
TurnoverRs m15,45115,29614,084-7.9%-8.8%
ExpensesRs m11,3179,9999,838-1.6%-13.1%
Gross profitRs m4,0075,176-11,476-321.7%-386.4%
DepreciationRs m3,4713,5323,5931.7%3.5%
InterestRs m1,3291,3001,47613.5%11.0%
Profit before taxRs m-667464-16,449-3641.9%
TaxRs m-1,849-1,063-2,836
Profit after taxRs m1,1821,527-13,613-991.5%-1251.6%
Gross profit margin%26.134.1-82.0
Effective tax rate%277.3-228.817.2
Net profit margin%7.710.0-96.7
* 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 8.7% on a year-on-year (YoY) basis. The expenses were down by 13.1% YoY during the same period.
  • The company's operating profit declined by 386.4% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 82.0% in 4QFY19 as against 26.1% in 4QFY18.
  • Depreciation charges increased by 3.5% and finance costs increased by 11.0% YoY, respectively.
  • Other income declined by 24.4% YoY during the quarter.
  • Net profit for the quarter declined by 1251.6% YoY. Net profit margins during the quarter declined from 7.7% in 4QFY18 to -96.7% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 7.8% on a quarter-on-quarter (QoQ) basis. The expenses were down by 1.6% QoQ during the same period.
  • The company's operating profit declined by 321.7% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 82.0% in 4QFY19 as against 34.1% in 3QFY18.
  • Net profit for the quarter declined by 991.5% QoQ, while net profit margins declined from 10.0% in 3QFY18 to -96.7% in 4QFY19.

To see how DISH TV has performed over the last eight quarters, please visit here.

DISH TV Share Price Performance

Over the last one year, DISH TV share price has moved up from Rs 74.7 to Rs 32.2, registering a Loss of Rs 42.5 or around 56.9%.

Meanwhile, the S&P BSE TECK Index is trading at Rs 7,502.7 (up 0.1%). Over the last one year it has moved up from 7,022.6 to 7,502.7, a gain of 480 points (up 6.8%).

Overall, the S&P BSE SENSEX is up 14.2% over the year.

Current Valuations

At the current price of Rs 32.2, the price to book value (P/BV) ratio of DISH TV stands at 0.5 times.

Equitymaster requests your view! Post a comment on "DISH TV Announces Quarterly Results (4QFY19); Net Profit Down 1251.6%". Click here!

  

Related Views on News

DISH TV Announces Quarterly Results (1QFY20); Net Profit Down 239.1% (Quarterly Result Update)

Jul 31, 2019 | Updated on Jul 31, 2019

For the quarter ended June 2019, DISH TV has posted a net profit of Rs 354 m (down 239.1% YoY). Sales on the other hand came in at Rs 9 bn (down 44.1% YoY). Read on for a complete analysis of DISH TV's quarterly results.

DISH TV Announces Quarterly Results (3QFY19); Net Profit Up 4365.1% (Quarterly Result Update)

Feb 13, 2019 | Updated on Feb 13, 2019

For the quarter ended December 2018, DISH TV has posted a net profit of Rs 2 bn (up 4365.1% YoY). Sales on the other hand came in at Rs 15 bn (up 104.8% YoY). Read on for a complete analysis of DISH TV's quarterly results.

DISH TV 2017-18 Annual Report Analysis (Annual Result Update)

Dec 20, 2018 | Updated on Dec 20, 2018

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

More Views on News

Most Popular

My Top Stock to Buy in this Market Selloff(Profit Hunter)

Sep 22, 2020

The recent correction offers a great opportunity to buy this high conviction smallcap stock.

Can the Nifty Fall to 10,200?(Fast Profits Daily)

Sep 24, 2020

The Nifty has reached an important support level today. If it breaks then we could see further downside.

I Believe These Stocks Will Deliver the Most Outsized Returns in 2021 and Beyond(Profit Hunter)

Sep 23, 2020

Rules of the racetrack can help you bag the biggest gainers of the coming decade.

What Do the Charts Say About Buying Smallcaps Now?(Fast Profits Daily)

Sep 18, 2020

Everyone seems to be excited about buying smallcaps now...but is it the right thing to do? What do the charts tell us? Find out in this video...

More

Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

DISH TV SHARE PRICE


Oct 1, 2020 (Close)

TRACK DISH TV

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

COMPARE DISH TV WITH

MARKET STATS