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THE BYKE HOSPITALITY Announces Quarterly Results (2QFY19); Net Profit Down 5.1%

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THE BYKE HOSPITALITY Announces Quarterly Results (2QFY19); Net Profit Down 5.1%
Wed, 21 Nov

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

THE BYKE HOSPITALITY Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m294367299-18.6%1.5%
Other incomeRs m222-2.2%15.3%
TurnoverRs m296369301-18.5%1.6%
ExpensesRs m181246183-25.4%1.0%
Gross profitRs m113121115-5.0%2.3%
DepreciationRs m3336374.1%13.1%
InterestRs m2551.3%133.0%
Profit before taxRs m808376-9.1%-5.1%
TaxRs m282926-9.1%-5.1%
Profit after taxRs m525449-9.1%-5.1%
Gross profit margin%38.333.038.6
Effective tax rate%34.634.634.6
Net profit margin%17.614.716.4
* 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 grew 1.5% on a year-on-year (YoY) basis. The expenses were up by 1.0% YoY during the same period.
  • The company's operating profit increased by 2.3% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 38.6% in 2QFY19 as against 38.3% in 2QFY18.
  • Depreciation charges increased by 13.1% and finance costs increased by 133.0% YoY, respectively.
  • Other income increased by 15.3% YoY during the quarter.
  • Net profit for the quarter declined by 5.1% YoY. Net profit margins during the quarter declined from 17.6% in 2QFY18 to 16.4% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 18.6% on a quarter-on-quarter (QoQ) basis. The expenses were down by 25.4% QoQ during the same period.
  • The company's operating profit increased by 5.0% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 38.6% in 2QFY19 as against 33.0% in 1QFY18.
  • Net profit for the quarter declined by 9.1% QoQ, while net profit margins increased from 14.6% in 1QFY18 to 16.4% in 2QFY19.

To see how THE BYKE HOSPITALITY has performed over the last eight quarters, please visit here.

THE BYKE HOSPITALITY Share Price Performance

Over the last one year, THE BYKE HOSPITALITY share price has moved up from Rs 154.3 to Rs 74.1, registering a Loss of Rs 80.2 or around 52.0%.

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

Current Valuations

At the current price of Rs 74.1, the price to earnings (P/E) ratio of THE BYKE HOSPITALITY stands at 8.6 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.0 times.

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1 Responses to "THE BYKE HOSPITALITY Announces Quarterly Results (2QFY19); Net Profit Down 5.1%"

bachchan lal

Dec 17, 2018

what should do add or hold byke

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THE BYKE HOSPITALITY Announces Quarterly Results (1QFY19); Net Profit Down 17.4% (Quarterly Result Update)

Aug 20, 2018 | Updated on Aug 20, 2018

For the quarter ended June 2018, THE BYKE HOSPITALITY has posted a net profit of Rs 54 m (down 17.4% YoY). Sales on the other hand came in at Rs 367 m (down 1.1% YoY). Read on for a complete analysis of THE BYKE HOSPITALITY's quarterly results.

THE BYKE HOSPITALITY Announces Quarterly Results (4QFY18); Net Profit Up 33.2% (Quarterly Result Update)

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