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.
INDO TECH TRANS. Announces Quarterly Results (3QFY19); Net Profit Down 381.7%

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?  

INDO TECH TRANS. Announces Quarterly Results (3QFY19); Net Profit Down 381.7%
Tue, 12 Feb

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

INDO TECH TRANS. Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m466499482-3.4%3.4%
Other incomeRs m1232-29.0%-81.0%
TurnoverRs m478502484-3.6%1.3%
ExpensesRs m4715015030.3%6.8%
Gross profitRs m-5-3-21
DepreciationRs m1211110.0%-4.2%
InterestRs m204900.0%73.9%
Profit before taxRs m-7-11-34
TaxRs m0000.0%0.0%
Profit after taxRs m-7-11-34
Gross profit margin%-1.0-0.5-4.4
Effective tax rate%0.00.00.0
Net profit margin%-1.5-2.3-7.1
* 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 3.4% on a year-on-year (YoY) basis. The expenses were up by 6.8% YoY during the same period.
  • The company's operating profit increased by 366.7% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 4.4% in 3QFY19 as against 1.0% in 3QFY18.
  • Depreciation charges declined by 4.2% and finance costs increased by 73.9% YoY, respectively.
  • Other income declined by 81.0% YoY during the quarter.
  • Net profit for the quarter declined by 381.7% YoY. Net profit margins during the quarter declined from -1.5% in 3QFY18 to -7.1% in 3QFY19.
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 up by 0.3% QoQ during the same period.
  • The company's operating profit declined by 707.7% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 4.4% in 3QFY19 as against 0.5% in 2QFY18.
  • Net profit for the quarter declined by 202.7% QoQ, while net profit margins declined from -2.2% in 2QFY18 to -7.1% in 3QFY19.

To see how INDO TECH TRANS. has performed over the last eight quarters, please visit here.

INDO TECH TRANS. Share Price Performance

Over the last one year, INDO TECH TRANS. share price has moved up from Rs 205.7 to Rs 91.2, registering a Loss of Rs 114.5 or around 55.7%.

Meanwhile, the S&P BSE CAPITAL GOODS Index is trading at Rs 16,588.3 (down 0.1%). Over the last one year it has moved down from 19,558.3 to 16,588.3, a gain of 2,970 points (down 15.2%).

Overall, the S&P BSE SENSEX is up 6.0% over the year.

Current Valuations

At the current price of Rs 91.2, the price to book value (P/BV) ratio of INDO TECH TRANS. stands at 0.7 times.

Equitymaster requests your view! Post a comment on "INDO TECH TRANS. Announces Quarterly Results (3QFY19); Net Profit Down 381.7%". Click here!

  

Related Views on News

INDO TECH TRANS. Announces Quarterly Results (2QFY19); Net Profit Up 72.0% (Quarterly Result Update)

Nov 29, 2018 | Updated on Nov 29, 2018

For the quarter ended September 2018, INDO TECH TRANS. has posted a net profit of Rs 11 m (up 72.0% YoY). Sales on the other hand came in at Rs 499 m (up 16.2% YoY). Read on for a complete analysis of INDO TECH TRANS.'s quarterly results.

INDO TECH TRANS. 2017-18 Annual Report Analysis (Annual Result Update)

Sep 20, 2018 | Updated on Sep 20, 2018

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

INDO TECH TRANS. Announces Quarterly Results (1QFY19); Net Profit Down 779.3% (Quarterly Result Update)

Aug 20, 2018 | Updated on Aug 20, 2018

For the quarter ended June 2018, INDO TECH TRANS. has posted a net profit of Rs 39 m (down 779.3% YoY). Sales on the other hand came in at Rs 476 m (down 28.3% YoY). Read on for a complete analysis of INDO TECH TRANS.'s quarterly results.

Garden Reach Shipbuilders and Engineers Ltd: Is This PSU Shipbuilder Worth Betting On? (IPO)

Sep 24, 2018

Should you apply for the IPO of Garden Reach Shipbuilders and Engineers Ltd?

H.G Infra Engineering Ltd. (IPO)

Feb 24, 2018

Should you subscribe to the IPO of H.G Infra Engineering Ltd.?

More Views on News

Most Popular

My Top 3 Dividend Millionaire Stocks(Profit Hunter)

Aug 7, 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.

The Perfect Stock in the Rebirth of India(The 5 Minute Wrapup)

Aug 8, 2019

This debt-free, well-managed company is all set to soar.

This 60-Year Old Smallcap Company Could Be Our Next Recommendation(The 5 Minute Wrapup)

Aug 12, 2019

My experience at the recent AGM of this smallcap company which has financials of any FMCG major.

Super investor Pulak Prasad is Buying Stocks Big Time...and You Should Too(The 5 Minute Wrapup)

Aug 9, 2019

Here's why the relentless correction in the Indian stock markets has not unnerved the big investors.

Qatar is Rearing Cows...this is Good News for India

Aug 9, 2019

Qatar has turned around after the Saudi embargo. This is good news for India.

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

INDO TECH TRANS. SHARE PRICE


Aug 19, 2019 (Close)

TRACK INDO TECH TRANS.

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

MORE ON INDO TECH TRANS.

INDO TECH TRANS. 8-QTR ANALYSIS

COMPARE INDO TECH TRANS. WITH

MARKET STATS