PENINSULA LAND Announces Quarterly Results (3QFY19); Net Profit Down 125.4%

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?  

PENINSULA LAND Announces Quarterly Results (3QFY19); Net Profit Down 125.4%
Tue, 12 Feb

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

PENINSULA LAND Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m2,775611,0521632.8%-62.1%
Other incomeRs m4862142265.8%-53.5%
TurnoverRs m3,2612751,278365.5%-60.8%
ExpensesRs m2,9004481,541243.9%-46.9%
Gross profitRs m-125-934-547
DepreciationRs m10109-4.1%-7.8%
InterestRs m83755061311.3%-26.8%
Profit before taxRs m-486-1,280-943
TaxRs m1-215417033.3%
Profit after taxRs m-487-1,278-1,097
Gross profit margin%-4.5-1,538.6-52.0
Effective tax rate%-0.20.2-16.4
Net profit margin%-14.9-465.7-85.8
* 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 62.1% on a year-on-year (YoY) basis. The expenses were down by 46.9% YoY during the same period.
  • The company's operating profit increased by 336.8% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 52.0% in 3QFY19 as against 4.5% in 3QFY18.
  • Depreciation charges declined by 7.8% and finance costs declined by 26.8% YoY, respectively.
  • Other income declined by 53.5% YoY during the quarter.
  • Net profit for the quarter declined by 125.4% YoY. Net profit margins during the quarter declined from -14.9% in 3QFY18 to -85.8% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 1632.8% on a quarter-on-quarter (QoQ) basis. The expenses were up by 243.9% QoQ during the same period.
  • The company's operating profit increased by 41.4% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 52.0% in 3QFY19 as against 1538.6% in 2QFY18.
  • Net profit for the quarter increased by 14.2% QoQ, while net profit margins increased from -466.4% in 2QFY18 to -85.8% in 3QFY19.

To see how PENINSULA LAND has performed over the last eight quarters, please visit here.

PENINSULA LAND Share Price Performance

Over the last one year, PENINSULA LAND share price has moved up from Rs 31.5 to Rs 7.7, registering a Loss of Rs 23.8 or around 75.6%.

Meanwhile, the S&P BSE REALTY Index is trading at Rs 1,748.2 (down 0.2%). Over the last one year it has moved down from 2,518.0 to 1,748.2, a gain of 770 points (down 30.6%).

Overall, the S&P BSE SENSEX is up 6.0% over the year.

Current Valuations

At the current price of Rs 7.7, the price to book value (P/BV) ratio of PENINSULA LAND stands at 0.2 times.

Equitymaster requests your view! Post a comment on "PENINSULA LAND Announces Quarterly Results (3QFY19); Net Profit Down 125.4%". Click here!

  

Related Views on News

PENINSULA LAND 2018-19 Annual Report Analysis (Annual Result Update)

Sep 30, 2019 | Updated on Sep 30, 2019

Here's an analysis of the annual report of PENINSULA LAND for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of PENINSULA LAND. Also includes updates on the valuation of PENINSULA LAND.

PENINSULA LAND Announces Quarterly Results (4QFY19); Net Profit Down 73.0% (Quarterly Result Update)

Jun 17, 2019 | Updated on Jun 17, 2019

For the quarter ended March 2019, PENINSULA LAND has posted a net profit of Rs 4 bn (down 73.0% YoY). Sales on the other hand came in at Rs 127 m (down 87.1% YoY). Read on for a complete analysis of PENINSULA LAND's quarterly results.

PENINSULA LAND 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 PENINSULA LAND for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of PENINSULA LAND. Also includes updates on the valuation of PENINSULA LAND.

PENINSULA LAND Announces Quarterly Results (2QFY19); Net Profit Down 185.1% (Quarterly Result Update)

Nov 27, 2018 | Updated on Nov 27, 2018

For the quarter ended September 2018, PENINSULA LAND has posted a net profit of Rs 1 bn (down 185.1% YoY). Sales on the other hand came in at Rs 61 m (down 75.1% YoY). Read on for a complete analysis of PENINSULA LAND'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?

More Views on News

Most Popular

My Latest Stock Recommendation(Fast Profits Daily)

Jan 10, 2020

The story behind my latest stock recommendation and an important announcement.

Bet on These Smallcap Stocks for Success in 2020(Profit Hunter)

Jan 14, 2020

The smallcap rebound finally seems to here... Make sure you aren't too late to make the most of the biggest wealth making opportunity in a decade.

Guess Which Stocks Are Rising at Double the Speed of Sensex(Profit Hunter)

Jan 15, 2020

These stocks can move twice as fast as the Sensex - to take advantage of their money multiplying power get in now as the rally is still just taking shape.. read more to not miss out.

What the Infosys Results Tell Us About the Next Infosys(The 5 Minute Wrapup)

Jan 15, 2020

If you're interested in the next Infosys, I'll tell you where to look.

For 1,000%+ Gains, Follow the 8-Year Cycle in the Stock Market(Fast Profits Daily)

Jan 17, 2020

This is how the biggest trading profits are made.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get our special report, Secret to Increasing Your Trading Profits Today Now!
We will never sell or rent your email id.
Please read our Terms

PENINSULA LAND SHARE PRICE


Jan 23, 2020 10:55 AM

TRACK PENINSULA LAND

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

MORE ON PENINSULA LAND

PENINSULA LAND - BSEL INFRASTRUCTURE COMPARISON

COMPARE PENINSULA LAND WITH

MARKET STATS