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.
HAVELLS IND Announces Quarterly Results (1QFY19); Net Profit Up 73.3%

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?  

HAVELLS IND Announces Quarterly Results (1QFY19); Net Profit Up 73.3%
Wed, 25 Jul

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

HAVELLS IND Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-17*
3
Mar-18*
3
Jun-18*
QoQ ChangeYoY Change
Net SalesRs m19,82225,34925,9632.4%31.0%
Other incomeRs m34825729213.5%-16.0%
TurnoverRs m20,17025,60626,2562.5%30.2%
ExpensesRs m18,09821,77222,8414.9%26.2%
Gross profitRs m1,7243,4873,123-10.4%81.1%
DepreciationRs m3363473500.9%4.3%
InterestRs m348426-69.5%-25.0%
Profit before taxRs m1,7033,3133,039-8.3%78.5%
TaxRs m4891,055935-11.4%91.2%
Profit after taxRs m1,2142,2582,104-6.8%73.3%
Gross profit margin%8.713.812.0
Effective tax rate%28.731.930.8
Net profit margin%6.08.88.0
* 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 grew 31.0% on a year-on-year (YoY) basis. The expenses were up by 26.2% YoY during the same period.
  • The company's operating profit increased by 81.1% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 12.0% in 1QFY19 as against 8.7% in 1QFY18.
  • Depreciation charges and finance costs increased by 4.3% YoY and 25.0% YoY, respectively.
  • Other income declined by 16.0% YoY during the quarter.
  • Net profit for the quarter increased by 73.3% YoY. Net profit margins during the quarter increased from 6.0% in 1QFY18 to 8.0% in 1QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 2.4% on a quarter-on-quarter (QoQ) basis. The expenses were up by 4.9% QoQ during the same period.
  • The company's operating profit declined by 10.4% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 12.0% in 1QFY19 as against 13.8% in 4QFY18.
  • Net profit for the quarter declined by 6.8% QoQ, while net profit margins declined from 8.8% in 4QFY18 to 8.0% in 1QFY19.

To see how HAVELLS IND has performed over the last eight quarters, please visit here.

HAVELLS IND Share Price Performance

Over the last one year, HAVELLS IND share price has moved up from Rs 457.6 to Rs 607.0, registering a Gain of Rs 149.4 or around 32.6%.

Meanwhile, the S&P BSE CONSUMER DURABLES Index is trading at Rs 20,314.3 (down 0.9%). Over the last one year it has moved up from 16,191.2 to 20,314.3, a gain of 4,123 points (up 25.5%).

Overall, the S&P BSE SENSEX is up 0.1% over the year.

Current Valuations

At the current price of Rs 607.0, the price to earnings (P/E) ratio of HAVELLS IND stands at 47.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 10.2 times.

Equitymaster requests your view! Post a comment on "HAVELLS IND Announces Quarterly Results (1QFY19); Net Profit Up 73.3%". Click here!

  

Related Views on News

HAVELLS IND Announces Quarterly Results (3QFY19); Net Profit Up 0.7% (Quarterly Result Update)

Jan 24, 2019 | Updated on Jan 24, 2019

For the quarter ended December 2018, HAVELLS IND has posted a net profit of Rs 2 bn (up 0.7% YoY). Sales on the other hand came in at Rs 25 bn (up 28.1% YoY). Read on for a complete analysis of HAVELLS IND's quarterly results.

HAVELLS IND Announces Quarterly Results (2QFY19); Net Profit Up 4.4% (Quarterly Result Update)

Oct 19, 2018 | Updated on Oct 19, 2018

For the quarter ended September 2018, HAVELLS IND has posted a net profit of Rs 2 bn (up 4.4% YoY). Sales on the other hand came in at Rs 22 bn (up 23.3% YoY). Read on for a complete analysis of HAVELLS IND's quarterly results.

HAVELLS IND 2017-18 Annual Report Analysis (Annual Result Update)

Aug 21, 2018 | Updated on Aug 21, 2018

Here's an analysis of the annual report of HAVELLS IND for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of HAVELLS IND. Also includes updates on the valuation of HAVELLS IND.

Dixon Technologies Ltd. (IPO)

Sep 5, 2017

Should you subscribe to the IPO of Dixon Technologies (India) Ltd?

More Views on News

Most Popular

Stocks that Could Be Out of Reach Post Elections(The 5 Minute Wrapup)

Apr 9, 2019

It's a matter of time before the stocks catch the fancy of the markets and big investors.

3 Indian Stocks with Amazon-Like Potential(Profit Hunter)

Apr 10, 2019

We have identified 3 stocks with huge wealth building potential which meet our 'Click of a Button' criteria.

This Company is Making a Big Comeback and You Can Now Profit from Its Example(The 5 Minute Wrapup)

Apr 10, 2019

How Dell got its mojo back.

This is Why the Stock of Jubilant FoodWorks Went Up 1,160%(The 5 Minute Wrapup)

Apr 12, 2019

This critical business strategy has enabled companies to scale their operations faster.

Pocketing Massive Gains with HDFC And HDFC Bank(Profit Hunter)

Apr 12, 2019

Here's how one could have generated gains of Rs 59,250 in 10 days by trading HDFC and HDFC Bank with a capital of Rs 4 lakh.

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

HAVELLS IND SHARE PRICE


Apr 18, 2019 (Close)

TRACK HAVELLS IND

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

HAVELLS IND 5-YR ANALYSIS

COMPARE HAVELLS IND WITH

MARKET STATS