J KUMAR INFRA Announces Quarterly Results (4QFY19); Net Profit Up 4.6%

Fri, 7 Jun

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

J KUMAR INFRA Quarterly Financials

Year-on-Year Performance:

• The company's operating income during the quarter grew 7.3% on a year-on-year (YoY) basis. The expenses were up by 6.5% YoY during the same period.
• The company's operating profit increased by 12.2% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 13.8% in 4QFY19 as against 13.2% in 4QFY18.
• Depreciation charges increased by 16.3% and finance costs increased by 45.0% YoY, respectively.
• Other income declined by 2.6% YoY during the quarter.
• Net profit for the quarter increased by 4.6% YoY. Net profit margins during the quarter declined from 6.0% in 4QFY18 to 5.9% in 4QFY19.

Quarter-on-Quarter Performance:

• The company's operating income during the quarter grew 41.1% on a quarter-on-quarter (QoQ) basis. The expenses were up by 45.1% QoQ during the same period.
• The company's operating profit declined by 20.4% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 13.8% in 4QFY19 as against 16.2% in 3QFY18.
• Net profit for the quarter increased by 29.7% QoQ, while net profit margins declined from 6.4% in 3QFY18 to 5.9% in 4QFY19.

To see how J KUMAR INFRA has performed over the last eight quarters, please visit here.

J KUMAR INFRA Share Price Performance

Over the last one year, J KUMAR INFRA share price has moved up from Rs 268.8 to Rs 160.8, registering a Loss of Rs 108.0 or around 40.2%.

Meanwhile, the S&P BSE REALTY Index is trading at Rs 2,189.7 (up 0.7%). Over the last one year it has moved down from 2,207.5 to 2,189.7, a gain of 18 points (down 0.8%).

Overall, the S&P BSE SENSEX is up 11.9% over the year.

Current Valuations

At the current price of Rs 160.8, the price to earnings (P/E) ratio of J KUMAR INFRA stands at 2.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.3 times.