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.
KOLTE PATIL Announces Quarterly Results (2QFY19); Net Profit Down 62.8%

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?  

KOLTE PATIL Announces Quarterly Results (2QFY19); Net Profit Down 62.8%
Fri, 9 Nov

KOLTE PATIL has announced its results for the quarter ended September 2018. Here is a detailed performance review of the same:

KOLTE PATIL Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m3,8903,8062,110-44.5%-45.7%
Other incomeRs m24192426.3%-1.3%
TurnoverRs m3,9143,8242,134-44.2%-45.5%
ExpensesRs m3,1922,5501,686-33.9%-47.2%
Gross profitRs m6981,356425-68.7%-39.1%
DepreciationRs m3737383.0%3.3%
InterestRs m249203193-4.8%-22.6%
Profit before taxRs m4361,135218-80.8%-50.1%
TaxRs m135372106-71.6%-21.5%
Profit after taxRs m301763112-85.3%-62.8%
Gross profit margin%17.935.620.1
Effective tax rate%30.932.848.6
Net profit margin%7.719.95.2
* 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 45.7% on a year-on-year (YoY) basis. The expenses were down by 47.2% YoY during the same period.
  • The company's operating profit declined by 39.1% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 20.1% in 2QFY19 as against 17.9% in 2QFY18.
  • Depreciation charges increased by 3.3% and finance costs declined by 22.6% YoY, respectively.
  • Other income declined by 1.3% YoY during the quarter.
  • Net profit for the quarter declined by 62.8% YoY. Net profit margins during the quarter declined from 7.7% in 2QFY18 to 5.2% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 44.5% on a quarter-on-quarter (QoQ) basis. The expenses were down by 33.9% QoQ during the same period.
  • The company's operating profit declined by 68.7% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 20.1% in 2QFY19 as against 35.6% in 1QFY18.
  • Net profit for the quarter declined by 85.3% QoQ, while net profit margins declined from 19.9% in 1QFY18 to 5.2% in 2QFY19.

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

KOLTE PATIL Share Price Performance

Over the last one year, KOLTE PATIL share price has moved up from Rs 248.3 to Rs 240.7, registering a Loss of Rs 7.6 or around 3.1%.

Meanwhile, the S&P BSE REALTY Index is trading at Rs 1,749.7 (down 0.9%). Over the last one year it has moved down from 2,308.0 to 1,749.7, a gain of 558 points (down 24.2%).

Overall, the S&P BSE SENSEX is up 5.3% over the year.

Current Valuations

At the current price of Rs 240.7, the price to earnings (P/E) ratio of KOLTE PATIL stands at 9.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.9 times.

Equitymaster requests your view! Post a comment on "KOLTE PATIL Announces Quarterly Results (2QFY19); Net Profit Down 62.8%". Click here!

  

Related Views on News

KOLTE PATIL Announces Quarterly Results (3QFY19); Net Profit Down 159.0% (Quarterly Result Update)

Jan 31, 2019 | Updated on Jan 31, 2019

For the quarter ended December 2018, KOLTE PATIL has posted a net profit of Rs 217 m (down 159.0% YoY). Sales on the other hand came in at Rs 722 m (down 74.9% YoY). Read on for a complete analysis of KOLTE PATIL's quarterly results.

KOLTE PATIL 2017-18 Annual Report Analysis (Annual Result Update)

Dec 19, 2018 | Updated on Dec 19, 2018

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

KOLTE PATIL Announces Quarterly Results (4QFY18); Net Profit Up 105.7% (Quarterly Result Update)

May 31, 2018 | Updated on May 31, 2018

For the quarter ended March 2018, KOLTE PATIL has posted a net profit of Rs 613 m (up 105.7% YoY). Sales on the other hand came in at Rs 5 bn (up 43.3% YoY). Read on for a complete analysis of KOLTE PATIL'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

My Top 7 Stocks to Profit from Sensex 100,000(The 5 Minute Wrapup)

May 16, 2019

Tanushree Banerjee explains everything you need to know about the Rebirth of India and Sensex 100,000.

3 Indian Stocks Replicating Amazon's Successful Strategy(The 5 Minute Wrapup)

May 10, 2019

The one critical element that has made Amazon a force to reckon with...

3 Stocks to Bet on to Become a 'Dividend Millionaire'(Profit Hunter)

May 14, 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.

A Simple Checklist for Picking Great Dividend Stocks(Profit Hunter)

May 9, 2019

A filtered, neat list of high-dividend stocks with all this dirty work already done for you.

The Bitter Pill that Will Lay the Foundation for Sensex 100,000(The 5 Minute Wrapup)

May 14, 2019

These companies will help the Sensex more than double from current levels.

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

KOLTE PATIL SHARE PRICE


May 22, 2019 (Close)

TRACK KOLTE PATIL

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

KOLTE PATIL - MAHINDRA LIFESPACE COMPARISON

COMPARE KOLTE PATIL WITH

MARKET STATS