MEMBER'S LOGINX
| Login Failure | ||||||||
|
||||||||
| Sign Up | Forgot Password? | ||||||||
- Home
- Research It
- MOTILAL OSWAL
- MOTILAL OSWAL Announces Quarterly Results (3QFY19); Net Profit Down 76.1%
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 Change | YoY Change | |
|---|---|---|---|---|---|---|
| Net Sales | Rs m | 7,286 | 6,821 | 6,476 | -5.1% | -11.1% |
| Other income | Rs m | 38 | 19 | 10 | -45.5% | -72.7% |
| Turnover | Rs m | 7,324 | 6,840 | 6,486 | -5.2% | -11.4% |
| Expenses | Rs m | 3,783 | 5,209 | 5,004 | -3.9% | 32.3% |
| Gross profit | Rs m | 3,521 | 1,612 | 1,472 | -8.6% | -58.2% |
| Depreciation | Rs m | 97 | 60 | 60 | -0.2% | -38.8% |
| Interest | Rs m | 1,329 | 1,301 | 1,252 | -3.8% | -5.8% |
| Profit before tax | Rs m | 2,132 | 270 | 171 | -36.5% | -92.0% |
| Tax | Rs m | 651 | 239 | -183 | -176.4% | -128.1% |
| Profit after tax | Rs m | 1,481 | 31 | 354 | 1049.7% | -76.1% |
| Gross profit margin | % | 48.3 | 23.6 | 22.7 | ||
| Effective tax rate | % | 30.6 | 88.6 | -106.6 | ||
| Net profit margin | % | 20.2 | 0.5 | 5.5 |
Interim results exclude extraordinary / exceptional items
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.
|
| |
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, 2019For 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, 2018Here'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, 2018For 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, 2018Should you apply to the IPO of CreditAccess Grameen Ltd?
HDFC AMC IPO: Do Valuations Leave Enough on Table for Investors? (IPO)
Jul 20, 2018Should you subscribe to the IPO of HDFC AMC Ltd?
More Views on NewsMost Popular
Could this Smallcap Be the Next Page Industries?(Profit Hunter)
Nov 27, 2019A 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, 2019This 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, 2019Should 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, 2019The two trends that are playing out as Sensex touches new record high.
The Best Trading Strategy for Fast Profits
Nov 29, 2019Vijay and I have decided to team up and bring you a unique offering never seen before in the Indian stock markets.
More|
| |
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
MORE ON MOTILAL OSWAL
MOTILAL OSWAL 8-QTR ANALYSIS
COMPARE MOTILAL OSWAL WITH
OTHER USEFUL LINKS
MARKET STATS
ABOUT EQUITYMASTER
Since 1996, Equitymaster has been the source for honest and credible opinions on investing in India. With solid research and in-depth analysis Equitymaster is dedicated towards making its readers- smarter, more confident and richer every day. Here's why hundreds of thousands of readers spread across more than 70 countries Trust Equitymaster.
FREE NEWSLETTERS
PREMIUM PRODUCTS
QUICK LINKS
APPS
FOLLOW
Copyright © Equitymaster Agora Research Private Limited.
Whitelist | Refer | Terms | Privacy | Contact | About | Sitemap
Equitymaster Agora Research Private Limited (Research Analyst) 103, Regent Chambers, Above Status Restaurant, Nariman Point, Mumbai - 400 021. India.
Telephone: +91-22-61434055. Fax: +91-22-22028550. Email: info@equitymaster.com. Website: www.equitymaster.com. CIN:U74999MH2007PTC175407
All rights reserved. Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is strictly prohibited and shall be deemed to be copyright infringement.
LEGAL DISCLAIMER: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research Company. Equitymaster is not an Investment Adviser. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. This is not directed for access or use by anyone in a country, especially, USA, Canada or the European Union countries, where such use or access is unlawful or which may subject Equitymaster or its affiliates to any registration or licensing requirement. All content and information is provided on an 'As Is' basis by Equitymaster. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Equitymaster may hold shares in the company/ies discussed herein. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.
SEBI (Research Analysts) Regulations 2014, Registration No. INH000000537.
Equitymaster requests your view! Post a comment on "MOTILAL OSWAL Announces Quarterly Results (3QFY19); Net Profit Down 76.1%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!