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.
MT EDUCARE Announces Quarterly Results (3QFY19); Net Profit Down 97.4%

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?  

MT EDUCARE Announces Quarterly Results (3QFY19); Net Profit Down 97.4%
Mon, 21 Jan

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

MT EDUCARE Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m413582497-14.5%20.3%
Other incomeRs m37425533.3%49.6%
TurnoverRs m450623552-11.4%22.7%
ExpensesRs m1,512499427-14.4%-71.8%
Gross profitRs m1,2438370-15.3%-94.4%
DepreciationRs m544645-1.2%-15.8%
InterestRs m555345-15.9%-19.5%
Profit before taxRs m1,171253639.6%-97.0%
TaxRs m2711412-13.3%-95.5%
Profit after taxRs m9001223103.6%-97.4%
Gross profit margin%300.814.214.1
Effective tax rate%23.154.834.0
Net profit margin%199.91.84.2
* 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 grew 20.3% on a year-on-year (YoY) basis. The expenses were down by 71.8% YoY during the same period.
  • The company's operating profit declined by 94.4% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 14.1% in 3QFY19 as against 300.8% in 3QFY18.
  • Depreciation charges declined by 15.8% and finance costs declined by 19.5% YoY, respectively.
  • Other income increased by 49.6% YoY during the quarter.
  • Net profit for the quarter declined by 97.4% YoY. Net profit margins during the quarter declined from 199.9% in 3QFY18 to 4.2% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 14.5% on a quarter-on-quarter (QoQ) basis. The expenses were down by 14.4% QoQ during the same period.
  • The company's operating profit declined by 15.3% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 14.1% in 3QFY19 as against 14.2% in 2QFY18.
  • Net profit for the quarter increased by 103.6% QoQ, while net profit margins increased from 1.9% in 2QFY18 to 4.2% in 3QFY19.

To see how MT EDUCARE has performed over the last eight quarters, please visit here.

MT EDUCARE Share Price Performance

Over the last one year, MT EDUCARE share price has moved up from Rs 57.1 to Rs 66.0, registering a Gain of Rs 8.9 or around 15.5%.

Meanwhile, the S&P BSE TECK Index is trading at Rs 7,359.9 (up 0.8%). Over the last one year it has moved up from 6,786.7 to 7,359.9, a gain of 573 points (up 8.4%).

Overall, the S&P BSE SENSEX is up 3.8% over the year.

Current Valuations

At the current price of Rs 66.0, the price to book value (P/BV) ratio of MT EDUCARE stands at 1.3 times.

Equitymaster requests your view! Post a comment on "MT EDUCARE Announces Quarterly Results (3QFY19); Net Profit Down 97.4%". Click here!

  

Related Views on News

MT EDUCARE Announces Quarterly Results (4QFY19); Net Profit Up 110.6% (Quarterly Result Update)

May 15, 2019 | Updated on May 15, 2019

For the quarter ended March 2019, MT EDUCARE has posted a net profit of Rs 48 m (up 110.6% YoY). Sales on the other hand came in at Rs 503 m (up 23.4% YoY). Read on for a complete analysis of MT EDUCARE's quarterly results.

MT EDUCARE 2017-18 Annual Report Analysis (Annual Result Update)

Jan 17, 2019 | Updated on Jan 17, 2019

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

MT EDUCARE Announces Quarterly Results (2QFY19); Net Profit Up 98.3% (Quarterly Result Update)

Oct 16, 2018 | Updated on Oct 16, 2018

For the quarter ended September 2018, MT EDUCARE has posted a net profit of Rs 12 m (up 98.3% YoY). Sales on the other hand came in at Rs 582 m (down 5.9% YoY). Read on for a complete analysis of MT EDUCARE's quarterly results.

GTPL Hathway Ltd. (IPO)

Jun 21, 2017

Should one subscribe to the IPO of GTPL Hathway Ltd?

More Views on News

Most Popular

These Dividend Stocks Could Boost Your Returns Better Than You Can Imagine(Profit Hunter)

May 7, 2019

The art of dividend investing is a lot more than investing in companies with high dividend payouts or stocks with high dividend yields...

Limited Upside, Higher Downside(The Honest Truth)

May 6, 2019

The market's irrational reaction may present opportunities for a limited period of time.

3 Indian Stocks Replicating Amazon's Successful Strategy(The 5 Minute Wrapup)

May 10, 2019

The one critical element that has made Amazon a force to reckon with...

A Simple Checklist for Picking Great Dividend Stocks(Profit Hunter)

May 9, 2019

A filtered, neat list of high-dividend stocks with all this dirty work already done for you.

My Top 7 Stocks to Profit from Sensex 100,000(The 5 Minute Wrapup)

May 16, 2019

Tanushree Banerjee explains everything you need to know about the Rebirth of India and Sensex 100,000.

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

MT EDUCARE SHARE PRICE


May 17, 2019 (Close)

TRACK MT EDUCARE

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

MT EDUCARE - NDTV COMPARISON

COMPARE MT EDUCARE WITH

MARKET STATS