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

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 (4QFY19); Net Profit Up 153.6%
Fri, 26 Apr

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

ORIENTAL HOTELS Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m9828989263.1%-5.7%
Other incomeRs m423835-7.5%-18.2%
TurnoverRs m1,0259369612.7%-6.2%
ExpensesRs m7837277472.8%-4.6%
Gross profitRs m199270179-33.5%-10.0%
DepreciationRs m77698420.6%8.1%
InterestRs m776059-1.2%-22.5%
Profit before taxRs m8817871-60.0%-19.0%
TaxRs m3029-75-357.0%-347.7%
Profit after taxRs m58149146-1.8%153.6%
Gross profit margin%20.330.019.4
Effective tax rate%34.416.4-105.4
Net profit margin%5.615.915.2
* 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 fell 5.7% on a year-on-year (YoY) basis. The expenses were down by 4.6% YoY during the same period.
  • The company's operating profit declined by 10.0% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 19.4% in 4QFY19 as against 20.3% in 4QFY18.
  • Depreciation charges increased by 8.1% and finance costs declined by 22.5% YoY, respectively.
  • Other income declined by 18.2% YoY during the quarter.
  • Net profit for the quarter increased by 153.6% YoY. Net profit margins during the quarter increased from 5.6% in 4QFY18 to 15.2% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 3.1% on a quarter-on-quarter (QoQ) basis. The expenses were up by 2.8% QoQ during the same period.
  • The company's operating profit declined by 33.5% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 19.4% in 4QFY19 as against 30.0% in 3QFY18.
  • Net profit for the quarter declined by 1.8% QoQ, while net profit margins declined from 15.8% in 3QFY18 to 15.2% in 4QFY19.

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 54.9 to Rs 44.7, registering a Loss of Rs 10.2 or around 18.6%.

Overall, the S&P BSE SENSEX is up 13.2% over the year.

Current Valuations

At the current price of Rs 44.7, the price to earnings (P/E) ratio of ORIENTAL HOTELS stands at 7.6 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 (4QFY19); Net Profit Up 153.6%". 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 (1QFY20); Net Profit Down 60.1% (Quarterly Result Update)

Jul 29, 2019 | Updated on Jul 29, 2019

For the quarter ended June 2019, ORIENTAL HOTELS has posted a net profit of Rs 57 m (down 60.1% YoY). Sales on the other hand came in at Rs 661 m (down 18.6% YoY). Read on for a complete analysis of ORIENTAL HOTELS's quarterly results.

More Views on News

Most Popular

It's the Beginning of a New Bull Phase in Smallcaps(Profit Hunter)

Feb 24, 2021

Last time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.

Make Rs 5,000 Per Day Trading the Market(Fast Profits Daily)

Feb 25, 2021

In this video, I'll show you how to get started on the path to daily trading profits.

The Hidden Tesla in My Great Indian Wealth Project(Profit Hunter)

Feb 23, 2021

An Indian company founded three decades ago in a garage caught my attention...

Gold 65,000 and Silver 84,000 in 2022

Feb 26, 2021

In this episode of the Investor Hour, India's #1 trader, Vijay Bhambwani, talks to us about the stock market, his new targets for gold and silver, the best long-term investment opportunity, and a lot more.

More

India's #1 Trader
Reveals His Secrets

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


Mar 5, 2021 (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