X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
GEOJIT FINANCIAL SERVICES Announces Quarterly Results (4QFY19); Net Profit Down 61.6%

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?  

GEOJIT FINANCIAL SERVICES Announces Quarterly Results (4QFY19); Net Profit Down 61.6%
Wed, 12 Jun

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

GEOJIT FINANCIAL SERVICES Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m8716837124.2%-18.3%
Other incomeRs m868267-17.7%-21.7%
TurnoverRs m9577647791.9%-18.6%
ExpensesRs m6215666026.4%-3.0%
Gross profitRs m23711795-18.6%-59.9%
DepreciationRs m3438406.1%19.6%
InterestRs m122-11.1%14.3%
Profit before taxRs m288159120-24.1%-58.2%
TaxRs m9544465.2%-51.3%
Profit after taxRs m19311574-35.3%-61.6%
Gross profit margin%27.217.113.4
Effective tax rate%33.027.738.4
Net profit margin%20.215.09.5
* 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 18.3% on a year-on-year (YoY) basis. The expenses were down by 3.0% YoY during the same period.
  • The company's operating profit declined by 59.9% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 13.4% in 4QFY19 as against 27.2% in 4QFY18.
  • Depreciation charges increased by 19.6% and finance costs increased by 14.3% YoY, respectively.
  • Other income declined by 21.7% YoY during the quarter.
  • Net profit for the quarter declined by 61.6% YoY. Net profit margins during the quarter declined from 20.2% in 4QFY18 to 9.5% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 4.2% on a quarter-on-quarter (QoQ) basis. The expenses were up by 6.4% QoQ during the same period.
  • The company's operating profit declined by 18.6% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 13.4% in 4QFY19 as against 17.1% in 3QFY18.
  • Net profit for the quarter declined by 35.3% QoQ, while net profit margins declined from 15.1% in 3QFY18 to 9.5% in 4QFY19.

To see how GEOJIT FINANCIAL SERVICES has performed over the last eight quarters, please visit here.

GEOJIT FINANCIAL SERVICES Share Price Performance

Over the last one year, GEOJIT FINANCIAL SERVICES share price has moved up from Rs 90.2 to Rs 34.4, registering a Loss of Rs 55.9 or around 61.9%.

Overall, the S&P BSE SENSEX is up 12.1% over the year.

Current Valuations

At the current price of Rs 34.4, the price to earnings (P/E) ratio of GEOJIT FINANCIAL SERVICES stands at 21.5 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.4 times.

Equitymaster requests your view! Post a comment on "GEOJIT FINANCIAL SERVICES Announces Quarterly Results (4QFY19); Net Profit Down 61.6%". Click here!

  

Related Views on News

GEOJIT FINANCIAL SERVICES Announces Quarterly Results (3QFY19); Net Profit Down 45.2% (Quarterly Result Update)

Jan 21, 2019 | Updated on Jan 21, 2019

For the quarter ended December 2018, GEOJIT FINANCIAL SERVICES has posted a net profit of Rs 115 m (down 45.2% YoY). Sales on the other hand came in at Rs 683 m (down 25.2% YoY). Read on for a complete analysis of GEOJIT FINANCIAL SERVICES's quarterly results.

GEOJIT FINANCIAL SERVICES Announces Quarterly Results (2QFY19); Net Profit Down 69.4% (Quarterly Result Update)

Nov 9, 2018 | Updated on Nov 9, 2018

For the quarter ended September 2018, GEOJIT FINANCIAL SERVICES has posted a net profit of Rs 52 m (down 69.4% YoY). Sales on the other hand came in at Rs 755 m (down 4.9% YoY). Read on for a complete analysis of GEOJIT FINANCIAL SERVICES'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

These 3 Smallcap Stocks are Set to Make the Most of Smallcap Rebound(Profit Hunter)

Jul 9, 2019

As the sense of normalcy returns to the markets, the rebound in the quality smallcaps could be huge.

2 Stocks from Super Investor Sanjay Bakshi's Portfolio You Can Bet On...(The 5 Minute Wrapup)

Jul 12, 2019

Despite the current fear prevailing in the markets, both these stocks have the potential to deliver in 4-5 years.

After Disappointing Budget, Here's a Document that Concerns Largecap and Smallcap Investors(The 5 Minute Wrapup)

Jul 8, 2019

A new 'definition' of the stock universe that triggered the smallcap sell-off is back with the latest list...

Here's What to Do with Falling Small Cap Stocks(Profit Hunter)

Jul 10, 2019

There are some great buying opportunities in the market right now - and the small cap space is your best bet.

Budget an Icing on the Cake for This Smart Money Backed Affordable Housing Stock(The 5 Minute Wrapup)

Jul 10, 2019

Affordable housing is one of the most straightforward growth stories in India. This will help the real estate sector to come out of the slump.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

GEOJIT FINANCIAL SERVICES SHARE PRICE


Jul 19, 2019 (Close)

TRACK GEOJIT FINANCIAL SERVICES

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

MORE ON GEOJIT FINANCIAL SERVICES

GEOJIT FINANCIAL SERVICES - WONDERLA HOLIDAYS COMPARISON

COMPARE GEOJIT FINANCIAL SERVICES WITH

MARKET STATS