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.
JSW HOLDINGS Announces Quarterly Results (1QFY19); Net Profit Down 75.7%

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?  

JSW HOLDINGS Announces Quarterly Results (1QFY19); Net Profit Down 75.7%
Mon, 6 Aug

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

JSW HOLDINGS Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-17*
3
Mar-18*
3
Jun-18*
QoQ ChangeYoY Change
Net SalesRs m5091231273.6%-75.0%
Other incomeRs m3000.0%-91.5%
TurnoverRs m5111231273.7%-75.1%
ExpensesRs m131313-1.2%-2.3%
Gross profitRs m4961101144.1%-76.9%
DepreciationRs m000-23.1%400.0%
InterestRs m0000.0%0.0%
Profit before taxRs m4981101154.3%-77.0%
TaxRs m932016-18.3%-82.7%
Profit after taxRs m40590989.3%-75.7%
Gross profit margin%97.489.590.0
Effective tax rate%18.718.014.1
Net profit margin%79.273.377.3
* 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 75.0% on a year-on-year (YoY) basis. The expenses were down by 2.3% YoY during the same period.
  • The company's operating profit declined by 76.9% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 90.0% in 1QFY19 as against 97.4% in 1QFY18.
  • Depreciation charges and finance costs increased by 400.0% YoY and 0.0% YoY, respectively.
  • Other income declined by 91.5% YoY during the quarter.
  • Net profit for the quarter declined by 75.7% YoY. Net profit margins during the quarter declined from 79.2% in 1QFY18 to 77.3% in 1QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 3.6% on a quarter-on-quarter (QoQ) basis. The expenses were down by 1.2% QoQ during the same period.
  • The company's operating profit increased by 4.1% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 90.0% in 1QFY19 as against 89.5% in 4QFY18.
  • Net profit for the quarter increased by 9.3% QoQ, while net profit margins increased from 73.2% in 4QFY18 to 77.3% in 1QFY19.

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

JSW HOLDINGS Share Price Performance

Over the last one year, JSW HOLDINGS share price has moved up from Rs 1,882.1 to Rs 2,089.3, registering a Gain of Rs 207.3 or around 11.0%.

Overall, the S&P BSE SENSEX is up 0.5% over the year.

Current Valuations

At the current price of Rs 2,089.3, the price to earnings (P/E) ratio of JSW HOLDINGS stands at 61.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.5 times.

Equitymaster requests your view! Post a comment on "JSW HOLDINGS Announces Quarterly Results (1QFY19); Net Profit Down 75.7%". Click here!

  

Related Views on News

MSTC IPO: Should You Bet on This State-Run E-Commerce Player? (IPO)

Mar 13, 2019

Should you subscribe to the IPO of MSPC Limited?

Hindustan Aeronautics IPO: Yet Another Play on India's Defence Sector (IPO)

Mar 14, 2018

Should you apply for the IPO of state-run military aircraft maker Hindustan Aeronautics?

Bharat Dynamics IPO: Worth Betting on Defence Manufacturing? (IPO)

Mar 12, 2018

Should you apply for the IPO of Bharat Dynamics, India's first state-owned missile manufacturer?

Apollo Micro Systems Ltd. (IPO)

Jan 9, 2018

Should you subscribe to the IPO of Apollo Micro Systems Ltd?

Khadim India Ltd. (IPO)

Oct 31, 2017

Should you subscribe to the IPO of Khadim India Ltd?

More Views on News

Most Popular

7 Stocks That Will Remain Evergreen in this Era of Technological Disruption(The 5 Minute Wrapup)

Jun 13, 2019

We are living in an era of disruption. Are your stocks well equipped to adapt to changes that disruption will bring along?

The Great Indian NBFC Bubble Has Burst but I Will Still Recommend These Safe NBFCs(The 5 Minute Wrapup)

Jun 11, 2019

One chart that predicted the NBFC crisis back in 2016.

Just One Stock Made Buffett Billions - And Can Make You Crores(Profit Hunter)

Jun 6, 2019

Coca Cola is arguably one of Warren Buffet's best stock picks. But did you know that small investors picked up the stock five decades before Buffet? Read on...

Kenneth Andrade Would Like Our Real Estate Stock Recommendation with Triple Digit Upside(The 5 Minute Wrapup)

Jun 12, 2019

This real estate stock recommended in Smart Money Secrets offers the most favourable upside potential.

Why Modi 2.0 Will Be Great for These 7 Stocks(Profit Hunter)

Jun 10, 2019

The government's focus on Infra, electricity, water for all will be the key factors for Sensex 1,00,000.

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

JSW HOLDINGS SHARE PRICE


Jun 19, 2019 11:03 AM

TRACK JSW HOLDINGS

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

JSW HOLDINGS 5-YR ANALYSIS

COMPARE JSW HOLDINGS WITH

MARKET STATS