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.
MAHINDRA LIFESPACE Announces Quarterly Results (3QFY19); Net Profit Down 59.6%

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?  

MAHINDRA LIFESPACE Announces Quarterly Results (3QFY19); Net Profit Down 59.6%
Tue, 29 Jan

MAHINDRA LIFESPACE has announced its results for the quarter ended December 2018. Here is a detailed performance review of the same:

MAHINDRA LIFESPACE Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m1,6838021,24455.1%-26.1%
Other incomeRs m173137130-5.2%-25.1%
TurnoverRs m1,8569391,37446.3%-26.0%
ExpensesRs m1,4768221,20947.0%-18.1%
Gross profitRs m272-2035-87.2%
DepreciationRs m1110103.1%-4.7%
InterestRs m714420-54.5%-72.3%
Profit before taxRs m36363135113.8%-62.9%
TaxRs m927825-68.0%-72.8%
Profit after taxRs m271-15110-59.6%
Gross profit margin%16.2-2.52.8
Effective tax rate%25.3124.018.6
Net profit margin%14.6-1.68.0
* 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 26.1% on a year-on-year (YoY) basis. The expenses were down by 18.1% YoY during the same period.
  • The company's operating profit declined by 87.2% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 2.8% in 3QFY19 as against 16.2% in 3QFY18.
  • Depreciation charges declined by 4.7% and finance costs declined by 72.3% YoY, respectively.
  • Other income declined by 25.1% YoY during the quarter.
  • Net profit for the quarter declined by 59.6% YoY. Net profit margins during the quarter declined from 14.6% in 3QFY18 to 8.0% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 55.1% on a quarter-on-quarter (QoQ) basis. The expenses were up by 47.0% QoQ during the same period.
  • The company's operating profit increased by 271.6% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 2.8% in 3QFY19 as against 2.5% in 2QFY18.
  • Net profit for the quarter increased by 826.5% QoQ, while net profit margins increased from -1.6% in 2QFY18 to 8.0% in 3QFY19.

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

MAHINDRA LIFESPACE Share Price Performance

Over the last one year, MAHINDRA LIFESPACE share price has moved up from Rs 500.5 to Rs 390.1, registering a Loss of Rs 110.4 or around 22.1%.

Meanwhile, the S&P BSE REALTY Index is trading at Rs 1,775.0 (down 0.7%). Over the last one year it has moved down from 2,631.8 to 1,775.0, a gain of 857 points (down 32.6%).

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

Current Valuations

At the current price of Rs 390.1, the price to earnings (P/E) ratio of MAHINDRA LIFESPACE stands at 34.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.8 times.

Equitymaster requests your view! Post a comment on "MAHINDRA LIFESPACE Announces Quarterly Results (3QFY19); Net Profit Down 59.6%". Click here!

  

Related Views on News

MAHINDRA LIFESPACE 2018-19 Annual Report Analysis (Annual Result Update)

Jul 3, 2019 | Updated on Jul 3, 2019

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

MAHINDRA LIFESPACE Announces Quarterly Results (4QFY19); Net Profit Up 0.3% (Quarterly Result Update)

Apr 23, 2019 | Updated on Apr 23, 2019

For the quarter ended March 2019, MAHINDRA LIFESPACE has posted a net profit of Rs 144 m (up 0.3% YoY). Sales on the other hand came in at Rs 2 bn (up 44.8% YoY). Read on for a complete analysis of MAHINDRA LIFESPACE 's quarterly results.

MAHINDRA LIFESPACE 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 MAHINDRA LIFESPACE for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of MAHINDRA LIFESPACE . Also includes updates on the valuation of MAHINDRA LIFESPACE .

IRCON International IPO: Is This PSU Worth Betting On? (IPO)

Sep 17, 2018

Should you subscribe to the IPO of IRCON International Ltd?

MAHINDRA LIFESPACE Announces Quarterly Results (2QFY19); Net Profit Down 114.1% (Quarterly Result Update)

Nov 9, 2018 | Updated on Nov 9, 2018

For the quarter ended September 2018, MAHINDRA LIFESPACE has posted a net profit of Rs 15 m (down 114.1% YoY). Sales on the other hand came in at Rs 802 m (down 19.8% YoY). Read on for a complete analysis of MAHINDRA LIFESPACE 's quarterly results.

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

MAHINDRA LIFESPACE SHARE PRICE


Jul 18, 2019 (Close)

TRACK MAHINDRA LIFESPACE

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

MORE ON MAHINDRA LIFESPACE

MAHINDRA LIFESPACE - PURAVANKARA COMPARISON

COMPARE MAHINDRA LIFESPACE WITH

MARKET STATS