EROS INTERNATIONAL Announces Quarterly Results (1QFY19); Net Profit Up 25.3%

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?  

EROS INTERNATIONAL Announces Quarterly Results (1QFY19); Net Profit Up 25.3%
Thu, 16 Aug

EROS INTERNATIONAL has announced its results for the quarter ended June 2018. Here is a detailed performance review of the same:

EROS INTERNATIONAL Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-17*
3
Mar-18*
3
Jun-18*
QoQ ChangeYoY Change
Net SalesRs m2,5962,3882,179-8.7%-16.1%
Other incomeRs m13719056-70.3%-59.0%
TurnoverRs m2,7342,5782,236-13.3%-18.2%
ExpensesRs m1,9681,4841,246-16.0%-36.7%
Gross profitRs m6289049333.3%48.6%
DepreciationRs m242824-15.5%-2.1%
InterestRs m186223195-12.4%5.0%
Profit before taxRs m556843771-8.5%38.8%
TaxRs m77256172-33.0%123.3%
Profit after taxRs m4795876002.1%25.3%
Gross profit margin%24.237.842.8
Effective tax rate%13.830.422.3
Net profit margin%17.522.826.8
* 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 16.1% on a year-on-year (YoY) basis. The expenses were down by 36.7% YoY during the same period.
  • The company's operating profit increased by 48.6% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 42.8% in 1QFY19 as against 24.2% in 1QFY18.
  • Depreciation charges and finance costs declined by 2.1% YoY and 5.0% YoY, respectively.
  • Other income declined by 59.0% YoY during the quarter.
  • Net profit for the quarter increased by 25.3% YoY. Net profit margins during the quarter increased from 17.5% in 1QFY18 to 26.8% in 1QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 8.7% on a quarter-on-quarter (QoQ) basis. The expenses were down by 16.0% QoQ during the same period.
  • The company's operating profit increased by 3.3% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 42.8% in 1QFY19 as against 37.8% in 4QFY18.
  • Net profit for the quarter increased by 2.1% QoQ, while net profit margins increased from 22.8% in 4QFY18 to 26.8% in 1QFY19.

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

EROS INTERNATIONAL Share Price Performance

Over the last one year, EROS INTERNATIONAL share price has moved up from Rs 191.0 to Rs 120.7, registering a Loss of Rs 70.4 or around 36.8%.

Meanwhile, the S&P BSE TECK Index is trading at Rs 7,580.6 (up 0.5%). Over the last one year it has moved up from 5,773.0 to 7,580.6, a gain of 1,808 points (up 31.3%).

Overall, the S&P BSE SENSEX is up 19.9% over the year.

Current Valuations

At the current price of Rs 120.7, the price to earnings (P/E) ratio of EROS INTERNATIONAL stands at 4.6 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.6 times.

Equitymaster requests your view! Post a comment on "EROS INTERNATIONAL Announces Quarterly Results (1QFY19); Net Profit Up 25.3%". Click here!

  

Related Views on News

EROS INTERNATIONAL Announces Quarterly Results (1QFY20); Net Profit Down 54.9% (Quarterly Result Update)

Aug 16, 2019 | Updated on Aug 16, 2019

For the quarter ended June 2019, EROS INTERNATIONAL has posted a net profit of Rs 270 m (down 54.9% YoY). Sales on the other hand came in at Rs 2 bn (down 15.8% YoY). Read on for a complete analysis of EROS INTERNATIONAL's quarterly results.

EROS INTERNATIONAL Announces Quarterly Results (4QFY19); Net Profit Up 14.2% (Quarterly Result Update)

May 28, 2019 | Updated on May 28, 2019

For the quarter ended March 2019, EROS INTERNATIONAL has posted a net profit of Rs 670 m (up 14.2% YoY). Sales on the other hand came in at Rs 2 bn (down 6.0% YoY). Read on for a complete analysis of EROS INTERNATIONAL's quarterly results.

EROS INTERNATIONAL 2017-18 Annual Report Analysis (Annual Result Update)

Dec 18, 2018 | Updated on Dec 18, 2018

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

More Views on News

Most Popular

Use My Secret to Increase Your Trading Profits Today

Dec 10, 2019

What to do after every trade.

How We Made 14.64% Trading Profit in Just 2 Days

Dec 12, 2019

A high probability trade that worked to perfection for my subscribers.

Blue Chips Are Passe. Get into these Stocks for Outstanding Gains in 2020(Profit Hunter)

Dec 5, 2019

This corner of the market could provide more returns than blue chips in 2020.

Make the Most of the Smallcap Rebound with These Stocks(Profit Hunter)

Dec 3, 2019

Even amid a gloomy economic scenario, there are smallcaps that have grown earnings over last one and a half year and I believe these could be the strongest candidates for a smallcap rebound.

Stocks that Can Outperform No Matter what the RBI Does Today(The 5 Minute Wrapup)

Dec 5, 2019

I won't be surprised if these stocks repeat their 2002-2006 performance.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2020
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

EROS INTERNATIONAL SHARE PRICE


Dec 16, 2019 01:37 PM

TRACK EROS INTERNATIONAL

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

MORE ON EROS INTERNATIONAL

EROS INTERNATIONAL - NASPERS COMPARISON

COMPARE EROS INTERNATIONAL WITH

MARKET STATS