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- MAHINDRA HOLIDAYS Announces Quarterly Results (4QFY19); Net Profit Down 62.6%
MAHINDRA HOLIDAYS Announces Quarterly Results (4QFY19); Net Profit Down 62.6%
Fri, 17 May
MAHINDRA HOLIDAYS has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:
MAHINDRA HOLIDAYS Quarterly Financials
| No. of Mths Qtr. Ending | 3 Mar-18* | 3 Dec-18* | 3 Mar-19* | QoQ Change | YoY Change | |
|---|---|---|---|---|---|---|
| Net Sales | Rs m | 2,961 | 2,361 | 2,383 | 0.9% | -19.5% |
| Other income | Rs m | 98 | 108 | 138 | 28.0% | 40.6% |
| Turnover | Rs m | 3,060 | 2,469 | 2,521 | 2.1% | -17.6% |
| Expenses | Rs m | 2,336 | 2,008 | 2,172 | 8.1% | -7.0% |
| Gross profit | Rs m | 625 | 353 | 211 | -40.1% | -66.2% |
| Depreciation | Rs m | 129 | 129 | 122 | -5.7% | -5.9% |
| Interest | Rs m | 0 | 0 | 0 | -100.0% | -100.0% |
| Profit before tax | Rs m | 594 | 332 | 228 | -31.2% | -61.6% |
| Tax | Rs m | 209 | 119 | 84 | -29.6% | -59.8% |
| Profit after tax | Rs m | 386 | 212 | 144 | -32.1% | -62.6% |
| Gross profit margin | % | 21.1 | 14.9 | 8.9 | ||
| Effective tax rate | % | 35.1 | 35.9 | 36.8 | ||
| Net profit margin | % | 12.6 | 8.6 | 5.7 |
Interim results exclude extraordinary / exceptional items
Year-on-Year Performance:
- The company's operating income during the quarter fell 19.5% on a year-on-year (YoY) basis. The expenses were down by 7.0% YoY during the same period.
- The company's operating profit declined by 66.2% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 8.9% in 4QFY19 as against 21.1% in 4QFY18.
- Depreciation charges declined by 5.9% and finance costs declined by 100.0% YoY, respectively.
- Other income increased by 40.6% YoY during the quarter.
- Net profit for the quarter declined by 62.6% YoY. Net profit margins during the quarter declined from 12.6% in 4QFY18 to 5.7% in 4QFY19.
Quarter-on-Quarter Performance:
- The company's operating income during the quarter grew 0.9% on a quarter-on-quarter (QoQ) basis. The expenses were up by 8.1% QoQ during the same period.
- The company's operating profit declined by 40.1% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 8.9% in 4QFY19 as against 14.9% in 3QFY18.
- Net profit for the quarter declined by 32.1% QoQ, while net profit margins declined from 8.6% in 3QFY18 to 5.7% in 4QFY19.
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 336.6 to Rs 210.0, registering a Loss of Rs 126.6 or around 37.6%.
Overall, the S&P BSE SENSEX is up 6.2% over the year.
Current Valuations
At the current price of Rs 210.0, the price to earnings (P/E) ratio of MAHINDRA HOLIDAYS stands at 29.2 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.6 times.
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MAHINDRA HOLIDAYS Announces Quarterly Results (1QFY21); Net Profit Up 47.4% (Quarterly Result Update)
Aug 24, 2020 | Updated on Aug 24, 2020For 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 Announces Quarterly Results (2QFY20); Net Profit Up 23.8% (Quarterly Result Update)
Nov 11, 2019 | Updated on Nov 11, 2019For the quarter ended September 2019, MAHINDRA HOLIDAYS has posted a net profit of Rs 179 m (up 23.8% YoY). Sales on the other hand came in at Rs 2 bn (up 11.5% 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, 2019Here'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.
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