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- THE BYKE HOSPITALITY Announces Quarterly Results (4QFY19); Net Profit Down 150.0%
THE BYKE HOSPITALITY Announces Quarterly Results (4QFY19); Net Profit Down 150.0%
Mon, 10 Jun
THE BYKE HOSPITALITY has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:
THE BYKE HOSPITALITY Quarterly Financials
| No. of Mths Qtr. Ending | 3 Mar-18* | 3 Dec-18* | 3 Mar-19* | QoQ Change | YoY Change | |
|---|---|---|---|---|---|---|
| Net Sales | Rs m | 559 | 471 | 462 | -2.0% | -17.4% |
| Other income | Rs m | 2 | 2 | 2 | 6.2% | 21.1% |
| Turnover | Rs m | 561 | 474 | 464 | -2.0% | -17.3% |
| Expenses | Rs m | 339 | 420 | 512 | 21.9% | 51.0% |
| Gross profit | Rs m | 220 | 51 | -51 | -199.4% | -123.1% |
| Depreciation | Rs m | 39 | 38 | 38 | 0.0% | -0.8% |
| Interest | Rs m | 2 | 6 | 6 | -4.2% | 219.8% |
| Profit before tax | Rs m | 181 | 9 | -92 | -1095.8% | -150.7% |
| Tax | Rs m | 63 | 3 | -33 | -1124.1% | -152.2% |
| Profit after tax | Rs m | 119 | 6 | -59 | -1080.8% | -150.0% |
| Gross profit margin | % | 39.3 | 10.8 | -11.0 | ||
| Effective tax rate | % | 34.6 | 34.6 | 35.6 | ||
| Net profit margin | % | 21.1 | 1.3 | -12.8 |
Interim results exclude extraordinary / exceptional items
Year-on-Year Performance:
- The company's operating income during the quarter fell 17.4% on a year-on-year (YoY) basis. The expenses were up by 51.0% YoY during the same period.
- The company's operating profit declined by 123.1% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 11.0% in 4QFY19 as against 39.3% in 4QFY18.
- Depreciation charges declined by 0.8% and finance costs increased by 219.8% YoY, respectively.
- Other income increased by 21.1% YoY during the quarter.
- Net profit for the quarter declined by 150.0% YoY. Net profit margins during the quarter declined from 21.1% in 4QFY18 to -12.8% in 4QFY19.
Quarter-on-Quarter Performance:
- The company's operating income during the quarter fell 2.0% on a quarter-on-quarter (QoQ) basis. The expenses were up by 21.9% QoQ during the same period.
- The company's operating profit declined by 199.4% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 11.0% in 4QFY19 as against 10.8% in 3QFY18.
- Net profit for the quarter declined by 1080.8% QoQ, while net profit margins declined from 1.3% in 3QFY18 to -12.8% in 4QFY19.
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 170.7 to Rs 21.8, registering a Loss of Rs 149.0 or around 87.3%.
Overall, the S&P BSE SENSEX is up 12.6% over the year.
Current Valuations
At the current price of Rs 21.8, the price to earnings (P/E) ratio of THE BYKE HOSPITALITY stands at 17.2 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.5 times.
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THE BYKE HOSPITALITY 2017-18 Annual Report Analysis (Annual Result Update)
Mar 14, 2019 | Updated on Mar 14, 2019Here's an analysis of the annual report of THE BYKE HOSPITALITY for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of THE BYKE HOSPITALITY. Also includes updates on the valuation of THE BYKE HOSPITALITY.
THE BYKE HOSPITALITY Announces Quarterly Results (3QFY19); Net Profit Down 95.1% (Quarterly Result Update)
Feb 25, 2019 | Updated on Feb 25, 2019For the quarter ended December 2018, THE BYKE HOSPITALITY has posted a net profit of Rs 6 m (down 95.1% YoY). Sales on the other hand came in at Rs 471 m (down 14.4% YoY). Read on for a complete analysis of THE BYKE HOSPITALITY's quarterly results.
THE BYKE HOSPITALITY Announces Quarterly Results (2QFY19); Net Profit Down 5.1% (Quarterly Result Update)
Nov 21, 2018 | Updated on Nov 21, 2018For the quarter ended September 2018, THE BYKE HOSPITALITY has posted a net profit of Rs 49 m (down 5.1% YoY). Sales on the other hand came in at Rs 299 m (up 1.5% YoY). Read on for a complete analysis of THE BYKE HOSPITALITY's quarterly results.
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