LOVABLE LINGERIE Announces Quarterly Results (3QFY19); Net Profit Down 9.0%

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LOVABLE LINGERIE Announces Quarterly Results (3QFY19); Net Profit Down 9.0%
Mon, 25 Feb

LOVABLE LINGERIE has announced its results for the quarter ended December 2018. Here is a detailed performance review of the same:

LOVABLE LINGERIE Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m39842150720.4%27.4%
Other incomeRs m060-92.4%450.0%
TurnoverRs m39842750718.8%27.5%
ExpensesRs m35640347317.5%33.1%
Gross profitRs m42193482.8%-20.1%
DepreciationRs m8441.3%-52.8%
InterestRs m200-100.0%-100.0%
Profit before taxRs m32203048.4%-4.8%
TaxRs m961048.4%5.7%
Profit after taxRs m23142148.4%-9.0%
Gross profit margin%10.64.46.7
Effective tax rate%28.631.731.7
Net profit margin%5.73.34.1
* 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 27.4% on a year-on-year (YoY) basis. The expenses were up by 33.1% YoY during the same period.
  • The company's operating profit declined by 20.1% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 6.7% in 3QFY19 as against 10.6% in 3QFY18.
  • Depreciation charges declined by 52.8% and finance costs declined by 100.0% YoY, respectively.
  • Other income increased by 450.0% YoY during the quarter.
  • Net profit for the quarter declined by 9.0% YoY. Net profit margins during the quarter declined from 5.7% in 3QFY18 to 4.1% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 20.4% on a quarter-on-quarter (QoQ) basis. The expenses were up by 17.5% QoQ during the same period.
  • The company's operating profit increased by 82.8% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 6.7% in 3QFY19 as against 4.4% in 2QFY18.
  • Net profit for the quarter increased by 48.4% QoQ, while net profit margins increased from 3.3% in 2QFY18 to 4.1% in 3QFY19.

To see how LOVABLE LINGERIE has performed over the last eight quarters, please visit here.

LOVABLE LINGERIE Share Price Performance

Over the last one year, LOVABLE LINGERIE share price has moved up from Rs 215.2 to Rs 100.2, registering a Loss of Rs 115.1 or around 53.5%.

Overall, the S&P BSE SENSEX is up 6.3% over the year.

Current Valuations

At the current price of Rs 100.2, the price to book value (P/BV) ratio of LOVABLE LINGERIE stands at 1.0 times.

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LOVABLE LINGERIE Announces Quarterly Results (1QFY20); Net Profit Down 12.3% (Quarterly Result Update)

Aug 16, 2019 | Updated on Aug 16, 2019

For the quarter ended June 2019, LOVABLE LINGERIE has posted a net profit of Rs 36 m (down 12.3% YoY). Sales on the other hand came in at Rs 526 m (down 4.2% YoY). Read on for a complete analysis of LOVABLE LINGERIE's quarterly results.

LOVABLE LINGERIE 2017-18 Annual Report Analysis (Annual Result Update)

Dec 18, 2018 | Updated on Dec 18, 2018

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

LOVABLE LINGERIE Announces Quarterly Results (2QFY19); Net Profit Down 56.3% (Quarterly Result Update)

Nov 23, 2018 | Updated on Nov 23, 2018

For the quarter ended September 2018, LOVABLE LINGERIE has posted a net profit of Rs 14 m (down 56.3% YoY). Sales on the other hand came in at Rs 421 m (down 10.4% YoY). Read on for a complete analysis of LOVABLE LINGERIE's quarterly results.

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