X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
MAHINDRA HOLIDAYS Announces Quarterly Results (3QFY19); Net Profit Down 33.1%

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?  

MAHINDRA HOLIDAYS Announces Quarterly Results (3QFY19); Net Profit Down 33.1%
Thu, 31 Jan

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

MAHINDRA HOLIDAYS Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m2,6752,0942,36112.7%-11.8%
Other incomeRs m50127108-14.9%114.8%
TurnoverRs m2,7262,2212,46911.2%-9.4%
ExpensesRs m2,0971,8632,0087.8%-4.3%
Gross profitRs m57823135352.9%-39.0%
DepreciationRs m135132129-2.0%-4.3%
InterestRs m000140.0%50.0%
Profit before taxRs m49422633246.7%-32.8%
TaxRs m1768111946.3%-32.3%
Profit after taxRs m31814521246.9%-33.1%
Gross profit margin%21.611.014.9
Effective tax rate%35.736.035.9
Net profit margin%11.76.58.6
* 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 11.8% on a year-on-year (YoY) basis. The expenses were down by 4.3% YoY during the same period.
  • The company's operating profit declined by 39.0% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 14.9% in 3QFY19 as against 21.6% in 3QFY18.
  • Depreciation charges declined by 4.3% and finance costs increased by 50.0% YoY, respectively.
  • Other income increased by 114.8% YoY during the quarter.
  • Net profit for the quarter declined by 33.1% YoY. Net profit margins during the quarter declined from 11.7% in 3QFY18 to 8.6% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 12.7% on a quarter-on-quarter (QoQ) basis. The expenses were up by 7.8% QoQ during the same period.
  • The company's operating profit increased by 52.9% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 14.9% in 3QFY19 as against 11.0% in 2QFY18.
  • Net profit for the quarter increased by 46.9% QoQ, while net profit margins increased from 6.5% in 2QFY18 to 8.6% in 3QFY19.

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

MAHINDRA HOLIDAYS Share Price Performance

Over the last one year, MAHINDRA HOLIDAYS share price has moved up from Rs 331.1 to Rs 207.0, registering a Loss of Rs 124.1 or around 37.5%.

Overall, the S&P BSE SENSEX is up 0.3% over the year.

Current Valuations

At the current price of Rs 207.0, the price to earnings (P/E) ratio of MAHINDRA HOLIDAYS stands at 20.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.6 times.

Equitymaster requests your view! Post a comment on "MAHINDRA HOLIDAYS Announces Quarterly Results (3QFY19); Net Profit Down 33.1%". Click here!

  

Related Views on News

MAHINDRA HOLIDAYS Announces Quarterly Results (4QFY19); Net Profit Down 62.6% (Quarterly Result Update)

May 17, 2019 | Updated on May 17, 2019

For the quarter ended March 2019, MAHINDRA HOLIDAYS has posted a net profit of Rs 144 m (down 62.6% YoY). Sales on the other hand came in at Rs 2 bn (down 19.5% YoY). Read on for a complete analysis of MAHINDRA HOLIDAYS's quarterly results.

MAHINDRA HOLIDAYS Announces Quarterly Results (2QFY19); Net Profit Down 54.4% (Quarterly Result Update)

Nov 9, 2018 | Updated on Nov 9, 2018

For the quarter ended September 2018, MAHINDRA HOLIDAYS has posted a net profit of Rs 145 m (down 54.4% YoY). Sales on the other hand came in at Rs 2 bn (down 14.0% YoY). Read on for a complete analysis of MAHINDRA HOLIDAYS's quarterly results.

Chalet Hotels IPO: Should You Bet on This High-End Hotel Chain Owner? (IPO)

Jan 29, 2019

Should you subscribe to the IPO of Chalet Hotels Ltd?

Lemon Tree Hotels IPO: India's Largest Hotel Chain in the Mid-Priced Hotel Sector (IPO)

Mar 23, 2018

Should you subscribe to the IPO of Lemon Tree Hotels Ltd?

More Views on News

Most Popular

These 3 Smallcap Stocks are Set to Make the Most of Smallcap Rebound(Profit Hunter)

Jul 9, 2019

As the sense of normalcy returns to the markets, the rebound in the quality smallcaps could be huge.

2 Stocks from Super Investor Sanjay Bakshi's Portfolio You Can Bet On...(The 5 Minute Wrapup)

Jul 12, 2019

Despite the current fear prevailing in the markets, both these stocks have the potential to deliver in 4-5 years.

After Disappointing Budget, Here's a Document that Concerns Largecap and Smallcap Investors(The 5 Minute Wrapup)

Jul 8, 2019

A new 'definition' of the stock universe that triggered the smallcap sell-off is back with the latest list...

The Electric Vehicle Disruption is Great News for this Smallcap Stock(Profit Hunter)

Jul 15, 2019

While big auto makers are finding the transition difficult and crying foul, this small cap company is already leading and benefitting from the electric vehicle disruption in the auto sector.

Budget an Icing on the Cake for This Smart Money Backed Affordable Housing Stock(The 5 Minute Wrapup)

Jul 10, 2019

Affordable housing is one of the most straightforward growth stories in India. This will help the real estate sector to come out of the slump.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

MAHINDRA HOLIDAYS SHARE PRICE


Jul 19, 2019 (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 - HOTEL LEELAVENT. COMPARISON

COMPARE MAHINDRA HOLIDAYS WITH

MARKET STATS