EIH Announces Quarterly Results (1QFY20); Net Profit Down 169.7%

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?  

EIH Announces Quarterly Results (1QFY20); Net Profit Down 169.7%
Wed, 28 Aug

EIH has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

EIH Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m3,3504,3092,896-32.8%-13.5%
Other incomeRs m85392134-65.9%57.2%
TurnoverRs m3,4354,7003,030-35.5%-11.8%
ExpensesRs m2,8673,2612,681-17.8%-6.5%
Gross profitRs m4832012115.1%-56.4%
DepreciationRs m30630333610.8%9.6%
InterestRs m1011141216.7%19.5%
Profit before taxRs m160175-113-164.2%-170.2%
TaxRs m5848-42-187.2%-171.1%
Profit after taxRs m102128-71-155.6%-169.7%
Gross profit margin%14.44.77.3
Effective tax rate%36.427.236.9
Net profit margin%3.02.7-2.3
* 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 13.5% on a year-on-year (YoY) basis. The expenses were down by 6.5% YoY during the same period.
  • The company's operating profit declined by 56.4% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 7.3% in 1QFY20 as against 14.4% in 1QFY19.
  • Depreciation charges increased by 9.6% and finance costs increased by 19.5% YoY, respectively.
  • Other income increased by 57.2% YoY during the quarter.
  • Net profit for the quarter declined by 169.7% YoY. Net profit margins during the quarter declined from 3.0% in 1QFY19 to -2.3% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 32.8% on a quarter-on-quarter (QoQ) basis. The expenses were down by 17.8% QoQ during the same period.
  • The company's operating profit increased by 5.1% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 7.3% in 1QFY20 as against 4.7% in 4QFY19.
  • Net profit for the quarter declined by 155.6% QoQ, while net profit margins declined from 2.7% in 4QFY19 to -2.3% in 1QFY20.

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

EIH Share Price Performance

Over the last one year,EIH share price has moved down from Rs 174.9 to Rs 162.9, registering a Loss of Rs 12.0 or around 6.8%.

Overall, the S&P BSE SENSEX is down 2.8% over the year.

Current Valuations

At the current price of Rs 162.9, the price to earnings (P/E) ratio of EIH stands at 96.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.1 times.

Equitymaster requests your view! Post a comment on "EIH Announces Quarterly Results (1QFY20); Net Profit Down 169.7%". Click here!

  

Related Views on News

EIH Announces Quarterly Results (3QFY20); Net Profit Up 17.4% (Quarterly Result Update)

Jan 27, 2020 | Updated on Jan 27, 2020

For the quarter ended December 2019, EIH has posted a net profit of Rs 750 m (up 17.4% YoY). Sales on the other hand came in at Rs 4 bn (down 4.9% YoY). Read on for a complete analysis of EIH's quarterly results.

EIH Announces Quarterly Results (2QFY20); Net Profit Up 54.8% (Quarterly Result Update)

Nov 8, 2019 | Updated on Nov 8, 2019

For the quarter ended September 2019, EIH has posted a net profit of Rs 410 m (up 54.8% YoY). Sales on the other hand came in at Rs 3 bn (down 13.7% YoY). Read on for a complete analysis of EIH's quarterly results.

EIH 2018-19 Annual Report Analysis (Annual Result Update)

Jul 24, 2019 | Updated on Jul 24, 2019

Here's an analysis of the annual report of EIH for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of EIH. Also includes updates on the valuation of EIH.

More Views on News

Most Popular

It's the Beginning of a New Bull Phase in Smallcaps(Profit Hunter)

Feb 24, 2021

Last time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.

Make Rs 5,000 Per Day Trading the Market(Fast Profits Daily)

Feb 25, 2021

In this video, I'll show you how to get started on the path to daily trading profits.

Charge Your Portfolio with this Smallcap Proxy Play on India's EV Revolution(Profit Hunter)

Mar 5, 2021

This could be the biggest wealth creator of the decade.

Gold 65,000 and Silver 84,000 in 2022

Feb 26, 2021

In this episode of the Investor Hour, India's #1 trader, Vijay Bhambwani, talks to us about the stock market, his new targets for gold and silver, the best long-term investment opportunity, and a lot more.

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

EIH SHARE PRICE


Mar 9, 2021 09:50 AM

TRACK EIH

EIH - TSOGO SUN COMPARISON

COMPARE EIH WITH

MARKET STATS