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 (4QFY19); Net Profit Up 0.3%

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?  

MAHINDRA LIFESPACE Announces Quarterly Results (4QFY19); Net Profit Up 0.3%
Tue, 23 Apr

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

MAHINDRA LIFESPACE Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m1,6181,2442,34388.3%44.8%
Other incomeRs m188130126-2.7%-33.1%
TurnoverRs m1,8061,3742,46979.7%36.7%
ExpensesRs m1,3901,2092,26187.0%62.7%
Gross profitRs m2283581132.6%-64.4%
DepreciationRs m101010-5.0%-3.0%
InterestRs m1982017-14.6%-91.5%
Profit before taxRs m20913518134.4%-13.3%
TaxRs m65253746.0%-43.6%
Profit after taxRs m14411014531.7%0.3%
Gross profit margin%14.12.83.5
Effective tax rate%31.018.620.2
Net profit margin%8.08.05.9
* 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 grew 44.8% on a year-on-year (YoY) basis. The expenses were up by 62.7% YoY during the same period.
  • The company's operating profit declined by 64.4% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 3.5% in 4QFY19 as against 14.1% in 4QFY18.
  • Depreciation charges declined by 3.0% and finance costs declined by 91.5% YoY, respectively.
  • Other income declined by 33.1% YoY during the quarter.
  • Net profit for the quarter increased by 0.3% YoY. Net profit margins during the quarter declined from 8.0% in 4QFY18 to 5.9% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 88.3% on a quarter-on-quarter (QoQ) basis. The expenses were up by 87.0% QoQ during the same period.
  • The company's operating profit increased by 132.6% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 3.5% in 4QFY19 as against 2.8% in 3QFY18.
  • Net profit for the quarter increased by 31.7% QoQ, while net profit margins declined from 8.0% in 3QFY18 to 5.9% in 4QFY19.

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 451.4 to Rs 360.4, registering a Loss of Rs 91.0 or around 20.2%.

Meanwhile, the S&P BSE REALTY Index is trading at Rs 2,056.5 (up 0.6%). Over the last one year it has moved down from 2,395.4 to 2,056.5, a gain of 339 points (down 14.1%).

Overall, the S&P BSE SENSEX is up 12.4% over the year.

Current Valuations

At the current price of Rs 360.4, the price to earnings (P/E) ratio of MAHINDRA LIFESPACE stands at 32.1 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.7 times.

Equitymaster requests your view! Post a comment on "MAHINDRA LIFESPACE Announces Quarterly Results (4QFY19); Net Profit Up 0.3%". Click here!

  

Related Views on News

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

Jan 29, 2019 | Updated on Jan 29, 2019

For the quarter ended December 2018, MAHINDRA LIFESPACE has posted a net profit of Rs 110 m (down 59.6% YoY). Sales on the other hand came in at Rs 1 bn (down 26.1% 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 .

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.

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

Sep 17, 2018

Should you subscribe to the IPO of IRCON International Ltd?

Capacit'e Infraprojects Ltd. (IPO)

Sep 12, 2017

Should you subscribe to the IPO of Capacit'e Infraprojects Ltd?

More Views on News

Most Popular

My Top 7 Stocks to Profit from Sensex 100,000(The 5 Minute Wrapup)

May 16, 2019

Tanushree Banerjee explains everything you need to know about the Rebirth of India and Sensex 100,000.

3 Stocks to Bet on to Become a 'Dividend Millionaire'(Profit Hunter)

May 14, 2019

As markets continue to rattle amid earning season, upcoming elections, volatile crude price and US China trade war, it's a great idea to add some stability to your portfolio by adding dividend stocks.

Indian Steel: The Perfect Multibagger Opportunity(Profit Hunter)

May 17, 2019

A structurally strong Indian Steel Industry will help India achieve 8%+ GDP growth in the coming years.

My Top 7 Stocks to Buy as Modi Returns to Power(The 5 Minute Wrapup)

May 23, 2019

The Modi government is all set to come back to power. With a stable government at the centre, how should you play the stock market?

What Makes TVS Srichakra and CCL Products a Cut Above the Rest?(The 5 Minute Wrapup)

May 17, 2019

Despite the commodity nature of their businesses, these two stocks have rewarded shareholders well.

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


May 24, 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 - ASHIANA HOUSING COMPARISON

COMPARE MAHINDRA LIFESPACE WITH

MARKET STATS