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.
OMAX AUTOS. Announces Quarterly Results (3QFY19); Net Profit Down 87.4%

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?  

OMAX AUTOS. Announces Quarterly Results (3QFY19); Net Profit Down 87.4%
Mon, 21 Jan

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

OMAX AUTOS. Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m3,0563,0922,272-26.5%-25.7%
Other incomeRs m20303415.0%70.2%
TurnoverRs m3,0763,1222,306-26.1%-25.0%
ExpensesRs m2,8302,9952,158-27.9%-23.7%
Gross profitRs m22610011413.8%-49.8%
DepreciationRs m575450-6.6%-11.9%
InterestRs m7374807.1%8.8%
Profit before taxRs m1162181077.9%-84.4%
TaxRs m-8132-82.2%
Profit after taxRs m125-1216-87.4%
Gross profit margin%7.43.25.0
Effective tax rate%-7.2869.513.1
Net profit margin%4.1-0.40.7
* 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 25.7% on a year-on-year (YoY) basis. The expenses were down by 23.7% YoY during the same period.
  • The company's operating profit declined by 49.8% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 5.0% in 3QFY19 as against 7.4% in 3QFY18.
  • Depreciation charges declined by 11.9% and finance costs increased by 8.8% YoY, respectively.
  • Other income increased by 70.2% YoY during the quarter.
  • Net profit for the quarter declined by 87.4% YoY. Net profit margins during the quarter declined from 4.1% in 3QFY18 to 0.7% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 26.5% on a quarter-on-quarter (QoQ) basis. The expenses were down by 27.9% QoQ during the same period.
  • The company's operating profit increased by 13.8% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 5.0% in 3QFY19 as against 3.2% in 2QFY18.
  • Net profit for the quarter increased by 233.0% QoQ, while net profit margins increased from -0.4% in 2QFY18 to 0.7% in 3QFY19.

To see how OMAX AUTOS. has performed over the last eight quarters, please visit here.

OMAX AUTOS. Share Price Performance

Over the last one year, OMAX AUTOS. share price has moved up from Rs 119.5 to Rs 81.1, registering a Loss of Rs 38.4 or around 32.1%.

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

Current Valuations

At the current price of Rs 81.1, the price to earnings (P/E) ratio of OMAX AUTOS. stands at 12.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.8 times.

Equitymaster requests your view! Post a comment on "OMAX AUTOS. Announces Quarterly Results (3QFY19); Net Profit Down 87.4%". Click here!

  

Related Views on News

OMAX AUTOS. Announces Quarterly Results (4QFY19); Net Profit Down 101.3% (Quarterly Result Update)

Jun 14, 2019 | Updated on Jun 14, 2019

For the quarter ended March 2019, OMAX AUTOS. has posted a net profit of Rs 2 m (down 101.3% YoY). Sales on the other hand came in at Rs 2 bn (down 47.5% YoY). Read on for a complete analysis of OMAX AUTOS.'s quarterly results.

OMAX AUTOS. 2017-18 Annual Report Analysis (Annual Result Update)

Dec 21, 2018 | Updated on Dec 21, 2018

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

OMAX AUTOS. Announces Quarterly Results (2QFY19); Net Profit Down 136.2% (Quarterly Result Update)

Nov 9, 2018 | Updated on Nov 9, 2018

For the quarter ended September 2018, OMAX AUTOS. has posted a net profit of Rs 12 m (down 136.2% YoY). Sales on the other hand came in at Rs 3 bn (up 7.1% YoY). Read on for a complete analysis of OMAX AUTOS.'s quarterly results.

Sandhar Technologies IPO: Worth Betting on This Automotive Component Manufacturer? (IPO)

Mar 17, 2018

Should you subscribe to the IPO of Sandhar Technologies Ltd?

More Views on News

Most Popular

7 Stocks That Will Remain Evergreen in this Era of Technological Disruption(The 5 Minute Wrapup)

Jun 13, 2019

We are living in an era of disruption. Are your stocks well equipped to adapt to changes that disruption will bring along?

The Great Indian NBFC Bubble Has Burst but I Will Still Recommend These Safe NBFCs(The 5 Minute Wrapup)

Jun 11, 2019

One chart that predicted the NBFC crisis back in 2016.

Just One Stock Made Buffett Billions - And Can Make You Crores(Profit Hunter)

Jun 6, 2019

Coca Cola is arguably one of Warren Buffet's best stock picks. But did you know that small investors picked up the stock five decades before Buffet? Read on...

Kenneth Andrade Would Like Our Real Estate Stock Recommendation with Triple Digit Upside(The 5 Minute Wrapup)

Jun 12, 2019

This real estate stock recommended in Smart Money Secrets offers the most favourable upside potential.

Why Modi 2.0 Will Be Great for These 7 Stocks(Profit Hunter)

Jun 10, 2019

The government's focus on Infra, electricity, water for all will be the key factors for Sensex 1,00,000.

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

OMAX AUTOS. SHARE PRICE


Jun 19, 2019 (Close)

TRACK OMAX AUTOS.

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

OMAX AUTOS. - AMARA RAJA BATTERIES COMPARISON

COMPARE OMAX AUTOS. WITH

MARKET STATS