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

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 (1QFY20); Net Profit Down 54.9%
Fri, 16 Aug

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

EROS INTERNATIONAL Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m2,1792,2461,835-18.3%-15.8%
Other incomeRs m56386268-30.7%374.6%
TurnoverRs m2,2362,6322,103-20.1%-5.9%
ExpensesRs m1,2461,6281,506-7.5%20.9%
Gross profitRs m933618329-46.7%-64.7%
DepreciationRs m24162774.2%14.9%
InterestRs m195245177-27.8%-9.3%
Profit before taxRs m771744393-47.1%-49.0%
TaxRs m1727312367.3%-28.7%
Profit after taxRs m600670271-59.6%-54.9%
Gross profit margin%42.827.517.9
Effective tax rate%22.39.831.2
Net profit margin%26.825.512.9
* 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 fell 15.8% on a year-on-year (YoY) basis. The expenses were up by 20.9% YoY during the same period.
  • The company's operating profit declined by 64.7% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 17.9% in 1QFY20 as against 42.8% in 1QFY19.
  • Depreciation charges increased by 14.9% and finance costs declined by 9.3% YoY, respectively.
  • Other income increased by 374.6% YoY during the quarter.
  • Net profit for the quarter declined by 54.9% YoY. Net profit margins during the quarter declined from 26.8% in 1QFY19 to 12.9% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 18.3% on a quarter-on-quarter (QoQ) basis. The expenses were down by 7.5% QoQ during the same period.
  • The company's operating profit declined by 46.7% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 17.9% in 1QFY20 as against 27.5% in 4QFY19.
  • Net profit for the quarter declined by 59.6% QoQ, while net profit margins declined from 25.5% in 4QFY19 to 12.9% in 1QFY20.

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 down from Rs 121.1 to Rs 11.0, registering a Loss of Rs 110.0 or around 90.9%.

Meanwhile, the S&P BSE TECK Index is trading at Rs 7,552.4 (down 1.1%). Over the last one year it has moved down from 7,569.6 to 7,552.4, a gain of 17 points (down 0.2%).

Overall, the S&P BSE SENSEX is down 1.9% over the year.

Current Valuations

At the current price of Rs 11.0, the price to earnings (P/E) ratio of EROS INTERNATIONAL stands at 0.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.0 times.

Equitymaster requests your view! Post a comment on "EROS INTERNATIONAL Announces Quarterly Results (1QFY20); Net Profit Down 54.9%". Click here!

  

Related Views on News

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 Announces Quarterly Results (3QFY19); Net Profit Down 7.4% (Quarterly Result Update)

Feb 12, 2019 | Updated on Feb 12, 2019

For the quarter ended December 2018, EROS INTERNATIONAL has posted a net profit of Rs 622 m (down 7.4% YoY). Sales on the other hand came in at Rs 3 bn (up 52.9% 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

My 3 Best Small-cap Stocks to Get Rich in this Market Rebound(Profit Hunter)

Oct 14, 2019

This is once in a decade opportunity to make a killing from smallcap rebound.

Finally, Is the Share Price of Yes Bank Ready for a Rebound?(The 5 Minute Wrapup)

Oct 7, 2019

Here's what every individual investor must know about Yes Bank...

Rebound Riches Could be Yours With These Stocks(Profit Hunter)

Oct 4, 2019

The secret to multibagger is not big businesses, but great managements... Here's how to find them to make the most of once in a decade rebound opportunity.

The One Stock I Like in this Market(The 5 Minute Wrapup)

Oct 10, 2019

There are rare periods in markets when you get good quality stocks at attractive valuations. Is this one such period?

5 Smart Money Stocks to Profit from the Market Rebound(The 5 Minute Wrapup)

Oct 11, 2019

Now is the time to put money in these 5 stocks to take advantage of the recovery in the economy and the markets.

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


Oct 16, 2019 (Close)

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 - CTC MEDIA COMPARISON

COMPARE EROS INTERNATIONAL WITH

MARKET STATS