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.
MARG LTD Announces Quarterly Results (2QFY19); Net Profit Down 2033.3%

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?  

MARG LTD Announces Quarterly Results (2QFY19); Net Profit Down 2033.3%
Fri, 30 Nov

MARG LTD has announced its results for the quarter ended September 2018. Here is a detailed performance review of the same:

MARG LTD Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m1412857105.7%-59.3%
Other incomeRs m191682.0%1057.1%
TurnoverRs m1433774100.0%-48.4%
ExpensesRs m9456114102.0%21.4%
Gross profitRs m47-29-57-219.2%
DepreciationRs m242323-2.6%-5.8%
InterestRs m23-77-70.7%
Profit before taxRs m2-36-70-3263.6%
TaxRs m-1000.0%
Profit after taxRs m4-36-70-2033.3%
Gross profit margin%33.6-102.2-98.4
Effective tax rate%-63.60.00.0
Net profit margin%2.5-98.9-94.6
* 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 59.3% on a year-on-year (YoY) basis. The expenses were up by 21.4% YoY during the same period.
  • The company's operating profit declined by 219.2% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 98.4% in 2QFY19 as against 33.6% in 2QFY18.
  • Depreciation charges declined by 5.8% and finance costs declined by 70.7% YoY, respectively.
  • Other income increased by 1057.1% YoY during the quarter.
  • Net profit for the quarter declined by 2033.3% YoY. Net profit margins during the quarter declined from 2.5% in 2QFY18 to -94.6% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 105.7% on a quarter-on-quarter (QoQ) basis. The expenses were up by 102.0% QoQ during the same period.
  • The company's operating profit increased by 98.2% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 98.4% in 2QFY19 as against 102.2% in 1QFY18.
  • Net profit for the quarter declined by 91.2% QoQ, while net profit margins increased from -97.3% in 1QFY18 to -94.6% in 2QFY19.

To see how MARG LTD has performed over the last eight quarters, please visit here.

MARG LTD Share Price Performance

Over the last one year, MARG LTD share price has moved up from Rs 12.5 to Rs 12.0, registering a Loss of Rs 0.5 or around 4.2%.

Meanwhile, the S&P BSE REALTY Index is trading at Rs 1,789.3 (up 1.8%). Over the last one year it has moved down from 2,445.7 to 1,789.3, a gain of 656 points (down 26.8%).

Overall, the S&P BSE SENSEX is up 8.2% over the year.

Current Valuations

At the current price of Rs 12.0, the price to book value (P/BV) ratio of MARG LTD stands at -0.1 times.

Equitymaster requests your view! Post a comment on "MARG LTD Announces Quarterly Results (2QFY19); Net Profit Down 2033.3%". Click here!

  

Related Views on News

MARG LTD Announces Quarterly Results (3QFY19); Net Profit Down 493.5% (Quarterly Result Update)

Mar 5, 2019 | Updated on Mar 5, 2019

For the quarter ended December 2018, MARG LTD has posted a net profit of Rs 24 m (down 493.5% YoY). Sales on the other hand came in at Rs 32 m (down 72.1% YoY). Read on for a complete analysis of MARG LTD's quarterly results.

MARG LTD 2017-18 Annual Report Analysis (Annual Result Update)

Dec 18, 2018 | Updated on Dec 18, 2018

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

MARG LTD Announces Quarterly Results (1QFY19); Net Profit Down 716.9% (Quarterly Result Update)

Sep 6, 2018 | Updated on Sep 6, 2018

For the quarter ended June 2018, MARG LTD has posted a net profit of Rs 36 m (down 716.9% YoY). Sales on the other hand came in at Rs 28 m (down 68.4% YoY). Read on for a complete analysis of MARG LTD's quarterly results.

IRCON International IPO: Is This PSU Worth Betting On? (IPO)

Sep 17, 2018

Should you subscribe to the IPO of IRCON International Ltd?

Capacit'e Infraprojects Ltd. (IPO)

Sep 12, 2017

Should you subscribe to the IPO of Capacit'e Infraprojects Ltd?

More Views on News

Most Popular

Stocks that Could Be Out of Reach Post Elections(The 5 Minute Wrapup)

Apr 9, 2019

It's a matter of time before the stocks catch the fancy of the markets and big investors.

3 Indian Stocks with Amazon-Like Potential(Profit Hunter)

Apr 10, 2019

We have identified 3 stocks with huge wealth building potential which meet our 'Click of a Button' criteria.

This Company is Making a Big Comeback and You Can Now Profit from Its Example(The 5 Minute Wrapup)

Apr 10, 2019

How Dell got its mojo back.

This is Why the Stock of Jubilant FoodWorks Went Up 1,160%(The 5 Minute Wrapup)

Apr 12, 2019

This critical business strategy has enabled companies to scale their operations faster.

Pocketing Massive Gains with HDFC And HDFC Bank(Profit Hunter)

Apr 12, 2019

Here's how one could have generated gains of Rs 59,250 in 10 days by trading HDFC and HDFC Bank with a capital of Rs 4 lakh.

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

MARG LTD SHARE PRICE


Apr 18, 2019 (Close)

TRACK MARG LTD

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

COMPARE MARG LTD WITH

MARKET STATS