KOLTE PATIL Announces Quarterly Results (4QFY19); Net Profit Down 45.1%

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?  

Markets will remain closed on 21st October 2019, due to Assembly Elections in Maharashtra.

KOLTE PATIL Announces Quarterly Results (4QFY19); Net Profit Down 45.1%
Thu, 6 Jun

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

KOLTE PATIL Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m4,7777231,954170.5%-59.1%
Other incomeRs m714325-41.2%-64.4%
TurnoverRs m4,8487661,980158.6%-59.2%
ExpensesRs m3,7378001,18748.4%-68.2%
Gross profitRs m1,039-77768-26.1%
DepreciationRs m483936-7.0%-25.3%
InterestRs m26820731853.9%18.4%
Profit before taxRs m794-279439-44.7%
TaxRs m181-62103-43.3%
Profit after taxRs m613-217337-45.1%
Gross profit margin%21.8-10.739.3
Effective tax rate%22.822.323.4
Net profit margin%12.6-28.317.0
* 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 59.1% on a year-on-year (YoY) basis. The expenses were down by 68.2% YoY during the same period.
  • The company's operating profit declined by 26.1% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 39.3% in 4QFY19 as against 21.8% in 4QFY18.
  • Depreciation charges declined by 25.3% and finance costs increased by 18.4% YoY, respectively.
  • Other income declined by 64.4% YoY during the quarter.
  • Net profit for the quarter declined by 45.1% YoY. Net profit margins during the quarter increased from 12.6% in 4QFY18 to 17.0% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 170.5% on a quarter-on-quarter (QoQ) basis. The expenses were up by 48.4% QoQ during the same period.
  • The company's operating profit increased by 1095.6% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 39.3% in 4QFY19 as against 10.7% in 3QFY18.
  • Net profit for the quarter increased by 255.2% QoQ, while net profit margins increased from -28.3% in 3QFY18 to 17.0% in 4QFY19.

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 288.5 to Rs 233.4, registering a Loss of Rs 55.2 or around 19.1%.

Meanwhile, the S&P BSE REALTY Index is trading at Rs 2,199.5 (down 0.7%). Over the last one year it has moved up from 2,147.9 to 2,199.5, a gain of 52 points (up 2.4%).

Overall, the S&P BSE SENSEX is up 14.2% over the year.

Current Valuations

At the current price of Rs 233.4, the price to earnings (P/E) ratio of KOLTE PATIL stands at 17.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.8 times.

Equitymaster requests your view! Post a comment on "KOLTE PATIL Announces Quarterly Results (4QFY19); Net Profit Down 45.1%". Click here!

  

Related Views on News

KOLTE PATIL Announces Quarterly Results (1QFY20); Net Profit Up 71.5% (Quarterly Result Update)

Aug 7, 2019 | Updated on Aug 7, 2019

For the quarter ended June 2019, KOLTE PATIL has posted a net profit of Rs 1 bn (up 71.5% YoY). Sales on the other hand came in at Rs 6 bn (up 53.9% YoY). Read on for a complete analysis of KOLTE PATIL's quarterly results.

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.

IRCON International IPO: Is This PSU Worth Betting On? (IPO)

Sep 17, 2018

Should you subscribe to the IPO of IRCON International Ltd?

More Views on News

Most Popular

My 3 Best Small-cap Stocks to Get Rich in this Market Rebound(Profit Hunter)

Oct 14, 2019

This is once in a decade opportunity to make a killing from smallcap rebound.

Two Stocks to Buy in the Great Indian Festival(Profit Hunter)

Oct 11, 2019

Discounts are not just limited to E-tailers. You can buy stocks at 50% off too. Here are two stocks to buy now.

Buy these 3 Stocks for Rebound Riches

Oct 18, 2019

Equitymaster's smallcap guru and editor of Hidden Treasure, Richa Agarwal, talks to us about the rebound in the stock market, and the best stocks to profit from it. Listen in...

The One Stock I Like in this Market(The 5 Minute Wrapup)

Oct 10, 2019

There are rare periods in markets when you get good quality stocks at attractive valuations. Is this one such period?

5 Smart Money Stocks to Profit from the Market Rebound(The 5 Minute Wrapup)

Oct 11, 2019

Now is the time to put money in these 5 stocks to take advantage of the recovery in the economy and the markets.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2020
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


Oct 18, 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 - ANSAL PROPERTIES COMPARISON

COMPARE KOLTE PATIL WITH

MARKET STATS