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.
IVRCL Announces Quarterly Results (4QFY19); Net Profit Up 69.8%

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?  

IVRCL Announces Quarterly Results (4QFY19); Net Profit Up 69.8%
Thu, 13 Jun

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

IVRCL Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m1,7181,7101,211-29.2%-29.5%
Other incomeRs m712325985.2%-91.7%
TurnoverRs m2,4291,7421,270-27.1%-47.7%
ExpensesRs m4,6052,0051,482-26.1%-67.8%
Gross profitRs m-7,642-1,001-318
DepreciationRs m149114103-9.9%-31.0%
InterestRs m4,4553,0143,1123.3%-30.1%
Profit before taxRs m-11,534-4,097-3,474
TaxRs m-10440.0%
Profit after taxRs m-11,524-4,101-3,477
Gross profit margin%-444.9-58.6-26.2
Effective tax rate%0.1-0.1-0.1
Net profit margin%-474.4-235.5-273.8
* 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 fell 29.5% on a year-on-year (YoY) basis. The expenses were down by 67.8% YoY during the same period.
  • The company's operating profit declined by 95.8% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 26.2% in 4QFY19 as against 444.9% in 4QFY18.
  • Depreciation charges declined by 31.0% and finance costs declined by 30.1% YoY, respectively.
  • Other income declined by 91.7% YoY during the quarter.
  • Net profit for the quarter increased by 69.8% YoY. Net profit margins during the quarter increased from -474.4% in 4QFY18 to -273.8% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 29.2% on a quarter-on-quarter (QoQ) basis. The expenses were down by 26.1% QoQ during the same period.
  • The company's operating profit increased by 68.3% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 26.2% in 4QFY19 as against 58.6% in 3QFY18.
  • Net profit for the quarter increased by 15.2% QoQ, while net profit margins declined from -235.4% in 3QFY18 to -273.8% in 4QFY19.

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

IVRCL Share Price Performance

Over the last one year, IVRCL share price has moved up from Rs 1.3 to Rs 0.7, registering a Loss of Rs 0.6 or around 46.6%.

Meanwhile, the S&P BSE REALTY Index is trading at Rs 2,122.6 (down 0.1%). Over the last one year it has moved down from 2,211.8 to 2,122.6, a gain of 89 points (down 4.0%).

Overall, the S&P BSE SENSEX is up 10.8% over the year.

Current Valuations

At the current price of Rs 0.7, the price to book value (P/BV) ratio of IVRCL stands at 0.0 times.

Equitymaster requests your view! Post a comment on "IVRCL Announces Quarterly Results (4QFY19); Net Profit Up 69.8%". Click here!

  

Related Views on News

IVRCL LTD Announces Quarterly Results (3QFY19); Net Profit Down 29.9% (Quarterly Result Update)

Feb 11, 2019 | Updated on Feb 11, 2019

For the quarter ended December 2018, IVRCL LTD has posted a net profit of Rs 4 bn (down 29.9% YoY). Sales on the other hand came in at Rs 2 bn (down 46.5% YoY). Read on for a complete analysis of IVRCL LTD's quarterly results.

IVRCL LTD 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 IVRCL LTD for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of IVRCL LTD. Also includes updates on the valuation of IVRCL LTD.

IVRCL LTD Announces Quarterly Results (2QFY19); Net Profit Down 58.1% (Quarterly Result Update)

Nov 27, 2018 | Updated on Nov 27, 2018

For the quarter ended September 2018, IVRCL LTD has posted a net profit of Rs 4 bn (down 58.1% YoY). Sales on the other hand came in at Rs 2 bn (down 42.1% YoY). Read on for a complete analysis of IVRCL LTD'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

2 Stocks from Super Investor Sanjay Bakshi's Portfolio You Can Bet On...(The 5 Minute Wrapup)

Jul 12, 2019

Despite the current fear prevailing in the markets, both these stocks have the potential to deliver in 4-5 years.

The Electric Vehicle Disruption is Great News for this Smallcap Stock(Profit Hunter)

Jul 15, 2019

While big auto makers are finding the transition difficult and crying foul, this small cap company is already leading and benefitting from the electric vehicle disruption in the auto sector.

Here's What to Do with Falling Small Cap Stocks(Profit Hunter)

Jul 10, 2019

There are some great buying opportunities in the market right now - and the small cap space is your best bet.

7 Stocks to Profit From an Irreversible Trend(The 5 Minute Wrapup)

Jul 18, 2019

Credit growth is likely to accelerate in India in the next decade. Here's how you can benefit from this megatrend.

Budget an Icing on the Cake for This Smart Money Backed Affordable Housing Stock(The 5 Minute Wrapup)

Jul 10, 2019

Affordable housing is one of the most straightforward growth stories in India. This will help the real estate sector to come out of the slump.

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

IVRCL SHARE PRICE


Jul 23, 2019 11:21 AM

TRACK IVRCL

IVRCL - AJMERA REALTY COMPARISON

COMPARE IVRCL WITH

MARKET STATS