DISA INDIA Announces Quarterly Results (1QFY19); Net Profit Up 582.8%

Tue, 14 Aug

DISA INDIA has announced its results for the quarter ended June 2018. Here is a detailed performance review of the same:

DISA INDIA Quarterly Financials

Year-on-Year Performance:

• The company's operating income during the quarter grew 12.1% on a year-on-year (YoY) basis. The expenses were up by 6.4% YoY during the same period.
• The company's operating profit declined by 1357.1% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 4.7% in 1QFY19 as against 0.4% in 1QFY18.
• Depreciation charges and finance costs increased by 4.3% YoY and 50.0% YoY, respectively.
• Other income increased by 40.7% YoY during the quarter.
• Net profit for the quarter increased by 582.8% YoY. Net profit margins during the quarter increased from 0.8% in 1QFY18 to 5.0% in 1QFY19.

Quarter-on-Quarter Performance:

• The company's operating income during the quarter grew 38.3% on a quarter-on-quarter (QoQ) basis. The expenses were up by 19.0% QoQ during the same period.
• The company's operating profit increased by 159.7% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 4.7% in 1QFY19 as against 10.8% in 4QFY18.
• Net profit for the quarter declined by 217.9% QoQ, while net profit margins increased from -5.9% in 4QFY18 to 5.0% in 1QFY19.

To see how DISA INDIA has performed over the last eight quarters, please visit here.

DISA INDIA Share Price Performance

Over the last one year, DISA INDIA share price has moved up from Rs 5,600.0 to Rs 6,040.0, registering a Gain of Rs 440.0 or around 7.9%.

Meanwhile, the S&P BSE CAPITAL GOODS Index is trading at Rs 17,933.8 (down 0.5%). Over the last one year it has moved up from 17,277.3 to 17,933.8, a gain of 657 points (up 3.8%).

Overall, the S&P BSE SENSEX is up 20.4% over the year.

Current Valuations

At the current price of Rs 6,040.0, the price to earnings (P/E) ratio of DISA INDIA stands at 50.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 8.4 times.