HINDUSTAN MEDIA VENTURES Announces Quarterly Results (4QFY19); Net Profit Down 59.1%

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?  

HINDUSTAN MEDIA VENTURES Announces Quarterly Results (4QFY19); Net Profit Down 59.1%
Fri, 10 May

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

HINDUSTAN MEDIA VENTURES Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m2,0222,2062,130-3.4%5.3%
Other incomeRs m257322284-12.0%10.4%
TurnoverRs m2,2792,5282,414-4.5%5.9%
ExpensesRs m1,7582,0742,033-2.0%15.7%
Gross profitRs m26413297-26.7%-63.4%
DepreciationRs m4754540.0%15.6%
InterestRs m315226-51.2%-18.8%
Profit before taxRs m443348301-13.5%-32.1%
TaxRs m4056136141.8%240.6%
Profit after taxRs m403292165-43.4%-59.1%
Gross profit margin%13.16.04.5
Effective tax rate%9.016.245.2
Net profit margin%17.711.56.8
* 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 5.3% on a year-on-year (YoY) basis. The expenses were up by 15.7% YoY during the same period.
  • The company's operating profit declined by 63.4% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 4.5% in 4QFY19 as against 13.1% in 4QFY18.
  • Depreciation charges increased by 15.6% and finance costs declined by 18.8% YoY, respectively.
  • Other income increased by 10.4% YoY during the quarter.
  • Net profit for the quarter declined by 59.1% YoY. Net profit margins during the quarter declined from 17.7% in 4QFY18 to 6.8% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 3.4% on a quarter-on-quarter (QoQ) basis. The expenses were down by 2.0% QoQ during the same period.
  • The company's operating profit declined by 26.7% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 4.5% in 4QFY19 as against 6.0% in 3QFY18.
  • Net profit for the quarter declined by 43.4% QoQ, while net profit margins declined from 11.6% in 3QFY18 to 6.8% in 4QFY19.

To see how HINDUSTAN MEDIA VENTURES has performed over the last eight quarters, please visit here.

HINDUSTAN MEDIA VENTURES Share Price Performance

Over the last one year, HINDUSTAN MEDIA VENTURES share price has moved up from Rs 211.4 to Rs 113.7, registering a Loss of Rs 97.7 or around 46.2%.

Meanwhile, the S&P BSE TECK Index is trading at Rs 7,625.0 (down 0.7%). Over the last one year it has moved up from 6,885.7 to 7,625.0, a gain of 739 points (up 10.7%).

Overall, the S&P BSE SENSEX is up 6.2% over the year.

Current Valuations

At the current price of Rs 113.7, the price to earnings (P/E) ratio of HINDUSTAN MEDIA VENTURES stands at 8.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.6 times.

Equitymaster requests your view! Post a comment on "HINDUSTAN MEDIA VENTURES Announces Quarterly Results (4QFY19); Net Profit Down 59.1%". Click here!

1 Responses to "HINDUSTAN MEDIA VENTURES Announces Quarterly Results (4QFY19); Net Profit Down 59.1%"

surendra

May 30, 2019

Hi ,

The P/E ratio is not changed much compare with previous year, P/BV is 0.6 and it is lower than 1, and also debt/equity is reduced compare to previous year.

with above factors, i think it is in buy state.

Could you confirm whether i am right or not.

Thanks
Surendra.K

Like 
  
Equitymaster requests your view! Post a comment on "HINDUSTAN MEDIA VENTURES Announces Quarterly Results (4QFY19); Net Profit Down 59.1%". Click here!

Related Views on News

HINDUSTAN MEDIA VENTURES Announces Quarterly Results (2QFY21); Net Profit Down 77.1% (Quarterly Result Update)

Oct 27, 2020 | Updated on Oct 27, 2020

For the quarter ended September 2020, HINDUSTAN MEDIA VENTURES has posted a net profit of Rs 47 m (down 77.1% YoY). Sales on the other hand came in at Rs 1 bn (down 31.9% YoY). Read on for a complete analysis of HINDUSTAN MEDIA VENTURES's quarterly results.

HINDUSTAN MEDIA VENTURES Announces Quarterly Results (2QFY20); Net Profit Up 57.6% (Quarterly Result Update)

Nov 4, 2019 | Updated on Nov 4, 2019

For the quarter ended September 2019, HINDUSTAN MEDIA VENTURES has posted a net profit of Rs 206 m (up 57.6% YoY). Sales on the other hand came in at Rs 2 bn (down 6.3% YoY). Read on for a complete analysis of HINDUSTAN MEDIA VENTURES's quarterly results.

More Views on News

Most Popular

It's the Beginning of a New Bull Phase in Smallcaps(Profit Hunter)

Feb 24, 2021

Last time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.

Make Rs 5,000 Per Day Trading the Market(Fast Profits Daily)

Feb 25, 2021

In this video, I'll show you how to get started on the path to daily trading profits.

Charge Your Portfolio with this Smallcap Proxy Play on India's EV Revolution(Profit Hunter)

Mar 5, 2021

This could be the biggest wealth creator of the decade.

Gold 65,000 and Silver 84,000 in 2022

Feb 26, 2021

In this episode of the Investor Hour, India's #1 trader, Vijay Bhambwani, talks to us about the stock market, his new targets for gold and silver, the best long-term investment opportunity, and a lot more.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

HINDUSTAN MEDIA VENTURES SHARE PRICE


Mar 9, 2021 10:38 AM

TRACK HINDUSTAN MEDIA VENTURES

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

MORE ON HINDUSTAN MEDIA VENTURES

HINDUSTAN MEDIA VENTURES 8-QTR ANALYSIS

COMPARE HINDUSTAN MEDIA VENTURES WITH

MARKET STATS