MOTILAL OSWAL Announces Quarterly Results (3QFY19); Net Profit Down 76.1%

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?  

MOTILAL OSWAL Announces Quarterly Results (3QFY19); Net Profit Down 76.1%
Fri, 18 Jan

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

MOTILAL OSWAL Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m7,2866,8216,476-5.1%-11.1%
Other incomeRs m381910-45.5%-72.7%
TurnoverRs m7,3246,8406,486-5.2%-11.4%
ExpensesRs m3,7835,2095,004-3.9%32.3%
Gross profitRs m3,5211,6121,472-8.6%-58.2%
DepreciationRs m976060-0.2%-38.8%
InterestRs m1,3291,3011,252-3.8%-5.8%
Profit before taxRs m2,132270171-36.5%-92.0%
TaxRs m651239-183-176.4%-128.1%
Profit after taxRs m1,481313541049.7%-76.1%
Gross profit margin%48.323.622.7
Effective tax rate%30.688.6-106.6
Net profit margin%20.20.55.5
* 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 11.1% on a year-on-year (YoY) basis. The expenses were up by 32.3% YoY during the same period.
  • The company's operating profit declined by 58.2% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 22.7% in 3QFY19 as against 48.3% in 3QFY18.
  • Depreciation charges declined by 38.8% and finance costs declined by 5.8% YoY, respectively.
  • Other income declined by 72.7% YoY during the quarter.
  • Net profit for the quarter declined by 76.1% YoY. Net profit margins during the quarter declined from 20.2% in 3QFY18 to 5.5% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 5.1% on a quarter-on-quarter (QoQ) basis. The expenses were down by 3.9% QoQ during the same period.
  • The company's operating profit declined by 8.6% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 22.7% in 3QFY19 as against 23.6% in 2QFY18.
  • Net profit for the quarter increased by 1049.7% QoQ, while net profit margins increased from 0.5% in 2QFY18 to 5.5% in 3QFY19.

To see how MOTILAL OSWAL has performed over the last eight quarters, please visit here.

MOTILAL OSWAL Share Price Performance

Over the last one year, MOTILAL OSWAL share price has moved up from Rs 1,400.5 to Rs 668.9, registering a Loss of Rs 731.6 or around 52.2%.

Overall, the S&P BSE SENSEX is up 3.6% over the year.

Current Valuations

At the current price of Rs 668.9, the price to earnings (P/E) ratio of MOTILAL OSWAL stands at 33.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 4.3 times.

Equitymaster requests your view! Post a comment on "MOTILAL OSWAL Announces Quarterly Results (3QFY19); Net Profit Down 76.1%". Click here!

  

Related Views on News

MOTILAL OSWAL Announces Quarterly Results (4QFY19); Net Profit Up 0.3% (Quarterly Result Update)

May 13, 2019 | Updated on May 13, 2019

For the quarter ended March 2019, MOTILAL OSWAL has posted a net profit of Rs 1 bn (up 0.3% YoY). Sales on the other hand came in at Rs 7 bn (down 12.7% YoY). Read on for a complete analysis of MOTILAL OSWAL's quarterly results.

MOTILAL OSWAL 2017-18 Annual Report Analysis (Annual Result Update)

Dec 21, 2018 | Updated on Dec 21, 2018

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

MOTILAL OSWAL Announces Quarterly Results (2QFY19); Net Profit Down 97.9% (Quarterly Result Update)

Nov 6, 2018 | Updated on Nov 6, 2018

For the quarter ended September 2018, MOTILAL OSWAL has posted a net profit of Rs 31 m (down 97.9% YoY). Sales on the other hand came in at Rs 7 bn (down 3.2% YoY). Read on for a complete analysis of MOTILAL OSWAL's quarterly results.

CreditAccess Grameen IPO: Should You Apply to this Interesting Microfinance Play? (IPO)

Aug 7, 2018

Should you apply to the IPO of CreditAccess Grameen Ltd?

HDFC AMC IPO: Do Valuations Leave Enough on Table for Investors? (IPO)

Jul 20, 2018

Should you subscribe to the IPO of HDFC AMC Ltd?

More Views on News

Most Popular

Could this Smallcap Be the Next Page Industries?(Profit Hunter)

Nov 27, 2019

A single stock - Coca Cola, made Buffett billions. Here's your chance to break into the crorepati club with a single smallcap stock investment.

How We Made 12.68% in One Overnight Trade(The 5 Minute Wrapup)

Nov 25, 2019

This one trade had my subscribers laughing all the way to the bank.

Growth Stocks or Value Stocks... What Will Make You More Money in this Bull Market?(Profit Hunter)

Nov 28, 2019

Should you invest in growth stocks or value stocks to make strong returns in this market?

Two Trends to Look at as Sensex Crosses 41,000 Levels(Views On News)

Nov 26, 2019

The two trends that are playing out as Sensex touches new record high.

The Best Trading Strategy for Fast Profits

Nov 29, 2019

Vijay and I have decided to team up and bring you a unique offering never seen before in the Indian stock markets.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2020
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

MOTILAL OSWAL SHARE PRICE


Dec 6, 2019 (Close)

TRACK MOTILAL OSWAL

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

MOTILAL OSWAL 8-QTR ANALYSIS

COMPARE MOTILAL OSWAL WITH

MARKET STATS