ORIENTAL HOTELS Announces Quarterly Results (1QFY20); Net Profit Down 60.1%

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?  

ORIENTAL HOTELS Announces Quarterly Results (1QFY20); Net Profit Down 60.1%
Mon, 29 Jul

ORIENTAL HOTELS has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

ORIENTAL HOTELS Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m812926661-28.6%-18.6%
Other incomeRs m73523-32.6%220.5%
TurnoverRs m819961684-28.8%-16.5%
ExpensesRs m731747619-17.0%-15.2%
Gross profitRs m8117934-81.1%-58.4%
DepreciationRs m668469-17.7%5.0%
InterestRs m76596611.0%-13.8%
Profit before taxRs m-5371-78-209.2%
TaxRs m-18-75-20
Profit after taxRs m-36146-57-139.3%
Gross profit margin%10.019.45.1
Effective tax rate%32.8-105.426.1
Net profit margin%-4.415.2-8.4
* 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 18.6% on a year-on-year (YoY) basis. The expenses were down by 15.2% YoY during the same period.
  • The company's operating profit declined by 58.4% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 5.1% in 1QFY20 as against 10.0% in 1QFY19.
  • Depreciation charges increased by 5.0% and finance costs declined by 13.8% YoY, respectively.
  • Other income increased by 220.5% YoY during the quarter.
  • Net profit for the quarter declined by 60.1% YoY. Net profit margins during the quarter declined from -4.4% in 1QFY19 to -8.4% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 28.6% on a quarter-on-quarter (QoQ) basis. The expenses were down by 17.0% QoQ during the same period.
  • The company's operating profit declined by 81.1% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 5.1% in 1QFY20 as against 19.4% in 4QFY19.
  • Net profit for the quarter declined by 139.3% QoQ, while net profit margins declined from 15.2% in 4QFY19 to -8.4% in 1QFY20.

To see how ORIENTAL HOTELS has performed over the last eight quarters,please visit here.

ORIENTAL HOTELS Share Price Performance

Over the last one year,ORIENTAL HOTELS share price has moved down from Rs 43.3 to Rs 33.1, registering a Loss of Rs 10.2 or around 23.6%.

Overall, the S&P BSE SENSEX is up 1.7% over the year.

Current Valuations

At the current price of Rs 33.1, the price to earnings (P/E) ratio of ORIENTAL HOTELS stands at 5.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.3 times.

Equitymaster requests your view! Post a comment on "ORIENTAL HOTELS Announces Quarterly Results (1QFY20); Net Profit Down 60.1%". Click here!

  

Related Views on News

ORIENTAL HOTELS Announces Quarterly Results (3QFY20); Net Profit Down 65.8% (Quarterly Result Update)

Jan 27, 2020 | Updated on Jan 27, 2020

For the quarter ended December 2019, ORIENTAL HOTELS has posted a net profit of Rs 51 m (down 65.8% YoY). Sales on the other hand came in at Rs 842 m (down 6.3% YoY). Read on for a complete analysis of ORIENTAL HOTELS's quarterly results.

ORIENTAL HOTELS Announces Quarterly Results (4QFY19); Net Profit Up 153.6% (Quarterly Result Update)

Apr 26, 2019 | Updated on Apr 26, 2019

For the quarter ended March 2019, ORIENTAL HOTELS has posted a net profit of Rs 146 m (up 153.6% YoY). Sales on the other hand came in at Rs 926 m (down 5.7% YoY). Read on for a complete analysis of ORIENTAL HOTELS's quarterly results.

Chalet Hotels IPO: Should You Bet on This High-End Hotel Chain Owner? (IPO)

Jan 29, 2019

Should you subscribe to the IPO of Chalet Hotels Ltd?

More Views on News

Most Popular

6 Charts Showing the State of Indian Financial Markets in 2020(Sector Info)

May 26, 2020

Six charts showing how Indian financial markets have performed in 2020 so far...

Why We Picked This Smallcap Stock for a Post Coronavirus World(Profit Hunter)

May 28, 2020

Covid-19 has made it a survival of the fittest race for many companies. The ones that can adapt will thrive in a post crisis world.

What the RBI's Rate Cut Means for Options Traders(Fast Profits Daily)

May 25, 2020

The RBI governor has cut the repo rate to 4%. What does this mean for options traders? Find out in this video.

Who Will Be Crowned the 'Multibagger Blue Chip' of the Decade?(Profit Hunter)

May 25, 2020

Will the mutlibagger blue chips of the past decade continue to rule the bourses?

More

India's #1 Trader
Reveals His Secrets

The Secret to Increasing Your Trading Profits Today
Get this Special Report, The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

ORIENTAL HOTELS SHARE PRICE


Jun 4, 2020 01:53 PM

TRACK ORIENTAL HOTELS

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

MORE ON ORIENTAL HOTELS

ORIENTAL HOTELS - ASIAN HOTELS (NORTH) COMPARISON

COMPARE ORIENTAL HOTELS WITH

MARKET STATS