CAPITAL FIRST Announces Quarterly Results (2QFY19); Net Profit Up 32.8%

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?  

CAPITAL FIRST Announces Quarterly Results (2QFY19); Net Profit Up 32.8%
Fri, 9 Nov

CAPITAL FIRST has announced its results for the quarter ended September 2018. Here is a detailed performance review of the same:

CAPITAL FIRST Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Operating incomeRs m8,80210,45411,97114.5%36.0%
Other incomeRs m1099657-40.5%-47.9%
Total revenuesRs m8,91110,55012,02814.0%35.0%
InterestRs m3,2684,5335,07912.1%55.4%
Gross Profit Rs m5,4685,8586,77015.6%23.8%
Other expensesRs m4,3994,3635,24620.3%19.3%
Profit before taxRs m1,1781,5911,580-0.6%34.1%
TaxRs m393573538-6.2%36.8%
Profit after taxRs m7851,0171,0422.5%32.8%
Gross profit margin %62.156.056.6
Effective tax rate%33.436.034.0
Net profit margin%8.99.78.7
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The bank's operating income (interest earned) during the quarter grew 36.0% on a year-on-year (YoY) basis. The interest expended was up by 55.4% YoY during the same period.
  • The bank's operating profit increased by 23.8% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 56.6% in 2QFY19 as against 62.1% in 2QFY18.
  • Other income declined by 47.9% YoY during the quarter.
  • Net profit for the quarter increased by 32.8% YoY. Net profit margins during the quarter declined from 8.9% in 2QFY18 to 8.7% in 2QFY19.
Quarter-on-Quarter Performance:
  • The bank's operating income (interest earned) during the quarter grew 14.5% on a quarter-on-quarter (QoQ) basis. The interest expended was up by 12.1% QoQ during the same period.
  • The bank's operating profit increased by 15.6% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 56.6% in 2QFY19 as against 56.0% in 1QFY18.
  • Net profit for the quarter increased by 2.5% QoQ, while net profit margins declined from 9.7% in 1QFY18 to 8.7% in 2QFY19.

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

CAPITAL FIRST Share Price Performance

Over the last one year, CAPITAL FIRST share price has moved up from Rs 707.5 to Rs 486.4, registering a Loss of Rs 221.1 or around 31.3%.

Overall, the S&P BSE SENSEX is up 5.3% over the year.

Current Valuations

At the current price of Rs 486.4, the price to earnings (P/E) ratio of CAPITAL FIRST stands at 11.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.8 times.

Equitymaster requests your view! Post a comment on "CAPITAL FIRST Announces Quarterly Results (2QFY19); Net Profit Up 32.8%". Click here!

  

Related Views on News

CAPITAL FIRST Announces Quarterly Results (1QFY19); Net Profit Up 51.4% (Quarterly Result Update)

Aug 6, 2018 | Updated on Aug 6, 2018

For the quarter ended June 2018, CAPITAL FIRST has posted a net profit of Rs 1 bn (up 51.4% YoY). Sales on the other hand came in at Rs 10 bn (up 29.2% YoY). Read on for a complete analysis of CAPITAL FIRST's quarterly results.

CAPITAL FIRST Announces Quarterly Results (4QFY18); Net Profit Up 34.8% (Quarterly Result Update)

Jul 20, 2018 | Updated on Jul 20, 2018

For the quarter ended March 2018, CAPITAL FIRST has posted a net profit of Rs 955 m (up 34.8% YoY). Sales on the other hand came in at Rs 11 bn (up 45.6% YoY). Read on for a complete analysis of CAPITAL FIRST's quarterly results.

CreditAccess Grameen IPO: Should You Apply to this Interesting Microfinance Play? (IPO)

Aug 7, 2018

Should you apply to the IPO of CreditAccess Grameen Ltd?

HDFC AMC IPO: Do Valuations Leave Enough on Table for Investors? (IPO)

Jul 20, 2018

Should you subscribe to the IPO of HDFC AMC Ltd?

IndoStar Capital Finance IPO: Is This NBFC Worth Betting On? (IPO)

May 8, 2018

Should you apply for the IPO of IndoStar Capital Finance?

More Views on News

Most Popular

Bet on These Smallcap Stocks for Success in 2020(Profit Hunter)

Jan 14, 2020

The smallcap rebound finally seems to here... Make sure you aren't too late to make the most of the biggest wealth making opportunity in a decade.

Guess Which Stocks Are Rising at Double the Speed of Sensex(Profit Hunter)

Jan 15, 2020

These stocks can move twice as fast as the Sensex - to take advantage of their money multiplying power get in now as the rally is still just taking shape.. read more to not miss out.

For 1,000%+ Gains, Follow the 8-Year Cycle in the Stock Market(Fast Profits Daily)

Jan 17, 2020

This is how the biggest trading profits are made.

How to Buy the Best Safe Stocks in 2020(The 5 Minute Wrapup)

Jan 17, 2020

Don't fall for the safe stocks narrative going around in the stock market these days.

What the Infosys Results Tell Us About the Next Infosys(The 5 Minute Wrapup)

Jan 15, 2020

If you're interested in the next Infosys, I'll tell you where to look.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get our special report, Secret to Increasing Your Trading Profits Today Now!
We will never sell or rent your email id.
Please read our Terms

CAPITAL FIRST SHARE PRICE


Dec 27, 2018 (Close)

TRACK CAPITAL FIRST

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

CAPITAL FIRST 8-QTR ANALYSIS

COMPARE CAPITAL FIRST WITH

MARKET STATS