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.
ORIENTAL HOTELS Announces Quarterly Results (3QFY19); Net Profit Up 526.6%

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 (3QFY19); Net Profit Up 526.6%
Thu, 24 Jan

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

ORIENTAL HOTELS Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m9258188989.8%-2.9%
Other incomeRs m17343811.9%125.9%
TurnoverRs m9428529369.9%-0.6%
ExpensesRs m762745727-2.5%-4.6%
Gross profitRs m1631,088270-75.2%65.3%
DepreciationRs m6565696.6%7.4%
InterestRs m787660-21.3%-22.8%
Profit before taxRs m37980178-81.9%376.1%
TaxRs m1419329-84.9%114.0%
Profit after taxRs m24787149-81.1%526.6%
Gross profit margin%17.6132.930.0
Effective tax rate%36.519.716.4
Net profit margin%2.592.415.9
* 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 2.9% on a year-on-year (YoY) basis. The expenses were down by 4.6% YoY during the same period.
  • The company's operating profit increased by 65.3% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 30.0% in 3QFY19 as against 17.6% in 3QFY18.
  • Depreciation charges increased by 7.4% and finance costs declined by 22.8% YoY, respectively.
  • Other income increased by 125.9% YoY during the quarter.
  • Net profit for the quarter increased by 526.6% YoY. Net profit margins during the quarter increased from 2.5% in 3QFY18 to 15.9% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 9.8% on a quarter-on-quarter (QoQ) basis. The expenses were down by 2.5% QoQ during the same period.
  • The company's operating profit declined by 75.2% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 30.0% in 3QFY19 as against 132.9% in 2QFY18.
  • Net profit for the quarter declined by 81.1% QoQ, while net profit margins declined from 92.4% in 2QFY18 to 15.9% in 3QFY19.

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 up from Rs 59.8 to Rs 44.6, registering a Loss of Rs 15.2 or around 25.4%.

Overall, the S&P BSE SENSEX is up 0.0% over the year.

Current Valuations

At the current price of Rs 44.6, the price to earnings (P/E) ratio of ORIENTAL HOTELS stands at 8.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.8 times.

Equitymaster requests your view! Post a comment on "ORIENTAL HOTELS Announces Quarterly Results (3QFY19); Net Profit Up 526.6%". Click here!

  

Related Views on News

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.

ORIENTAL HOTELS Announces Quarterly Results (2QFY19); Net Profit Up 2406.1% (Quarterly Result Update)

Nov 9, 2018 | Updated on Nov 9, 2018

For the quarter ended September 2018, ORIENTAL HOTELS has posted a net profit of Rs 787 m (up 2406.1% YoY). Sales on the other hand came in at Rs 818 m (down 6.3% 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?

Lemon Tree Hotels IPO: India's Largest Hotel Chain in the Mid-Priced Hotel Sector (IPO)

Mar 23, 2018

Should you subscribe to the IPO of Lemon Tree Hotels 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...

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...

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.

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.

A 10-Bagger in Just 6 Years! The Rebirth of India Will Create More Big Winners Like This(The 5 Minute Wrapup)

May 7, 2019

How a niche tech startup battled all odds to eventually become a 10 bagger.

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

ORIENTAL HOTELS SHARE PRICE


May 20, 2019 (Close)

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 5-YR ANALYSIS

COMPARE ORIENTAL HOTELS WITH

MARKET STATS