MAHINDRA HOLIDAYS Announces Quarterly Results (2QFY20); Net Profit Up 23.8%

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?  

MAHINDRA HOLIDAYS Announces Quarterly Results (2QFY20); Net Profit Up 23.8%
Mon, 11 Nov

MAHINDRA HOLIDAYS has announced its results for the quarter ended September 2019. Here is a detailed performance review of the same:

MAHINDRA HOLIDAYS Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-18*
3
Jun-19*
3
Sep-19*
QoQ ChangeYoY Change
Net SalesRs m2,0942,5052,335-6.8%11.5%
Other incomeRs m12714316112.7%26.5%
TurnoverRs m2,2212,6482,496-5.7%12.4%
ExpensesRs m1,8632,0811,934-7.0%3.8%
Gross profitRs m231425401-5.6%73.9%
DepreciationRs m1322412451.6%86.1%
InterestRs m04140-3.7%79380.0%
Profit before taxRs m226285277-2.7%22.6%
TaxRs m8110498-5.1%20.5%
Profit after taxRs m145182179-1.4%23.8%
Gross profit margin%11.017.017.2
Effective tax rate%36.036.335.4
Net profit margin%6.56.97.2
* 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 grew 11.5% on a year-on-year (YoY) basis. The expenses were up by 3.8% YoY during the same period.
  • The company's operating profit increased by 73.9% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 17.2% in 2QFY20 as against 11.0% in 2QFY19.
  • Depreciation charges increased by 86.1% and finance costs increased by 79380.0% YoY, respectively.
  • Other income increased by 26.5% YoY during the quarter.
  • Net profit for the quarter increased by 23.8% YoY. Net profit margins during the quarter increased from 6.5% in 2QFY19 to 7.2% in 2QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 6.8% on a quarter-on-quarter (QoQ) basis. The expenses were down by 7.0% QoQ during the same period.
  • The company's operating profit declined by 5.6% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 17.2% in 2QFY20 as against 17.0% in 1QFY19.
  • Net profit for the quarter declined by 1.4% QoQ, while net profit margins increased from 6.9% in 1QFY19 to 7.2% in 2QFY20.

To see how MAHINDRA HOLIDAYS has performed over the last eight quarters,please visit here.

DISCOVER: How to Potentially Multiply Your Returns by Upto 5x...

MAHINDRA HOLIDAYS Share Price Performance

Over the last one year,MAHINDRA HOLIDAYS share price has moved up from Rs 222.9 to Rs 231.9, registering a Gain of Rs 9.0 or around 4.0%.

Overall, the S&P BSE SENSEX is up 14.4% over the year.

Current Valuations

At the current price of Rs 231.9, the price to earnings (P/E) ratio of MAHINDRA HOLIDAYS stands at 28.7 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 7.3 times.

Equitymaster requests your view! Post a comment on "MAHINDRA HOLIDAYS Announces Quarterly Results (2QFY20); Net Profit Up 23.8%". Click here!

  

Related Views on News

MAHINDRA HOLIDAYS Announces Quarterly Results (1QFY21); Net Profit Up 47.4% (Quarterly Result Update)

Aug 24, 2020 | Updated on Aug 24, 2020

For the quarter ended June 2020, MAHINDRA HOLIDAYS has posted a net profit of Rs 268 m (up 47.4% YoY). Sales on the other hand came in at Rs 2 bn (down 29.4% YoY). Read on for a complete analysis of MAHINDRA HOLIDAYS's quarterly results.

MAHINDRA HOLIDAYS 2018-19 Annual Report Analysis (Annual Result Update)

Oct 18, 2019 | Updated on Oct 18, 2019

Here's an analysis of the annual report of MAHINDRA HOLIDAYS for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of MAHINDRA HOLIDAYS. Also includes updates on the valuation of MAHINDRA HOLIDAYS.

MAHINDRA HOLIDAYS Announces Quarterly Results (1QFY20); Net Profit Up 32.2% (Quarterly Result Update)

Aug 1, 2019 | Updated on Aug 1, 2019

For the quarter ended June 2019, MAHINDRA HOLIDAYS has posted a net profit of Rs 182 m (up 32.2% YoY). Sales on the other hand came in at Rs 3 bn (up 6.8% YoY). Read on for a complete analysis of MAHINDRA HOLIDAYS's quarterly results.

More Views on News

Most Popular

It's the Beginning of a New Bull Phase in Smallcaps(Profit Hunter)

Feb 24, 2021

Last time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.

Make Rs 5,000 Per Day Trading the Market(Fast Profits Daily)

Feb 25, 2021

In this video, I'll show you how to get started on the path to daily trading profits.

The Hidden Tesla in My Great Indian Wealth Project(Profit Hunter)

Feb 23, 2021

An Indian company founded three decades ago in a garage caught my attention...

How Much Money For Day Trading?(Fast Profits Daily)

Feb 22, 2021

In this video, I'll show you how to allocate your capital as a day trader.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

MAHINDRA HOLIDAYS SHARE PRICE


Mar 5, 2021 (Close)

TRACK MAHINDRA HOLIDAYS

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

MORE ON MAHINDRA HOLIDAYS

MAHINDRA HOLIDAYS 5-YR ANALYSIS

COMPARE MAHINDRA HOLIDAYS WITH

MARKET STATS