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.
PHOENIX MILL Announces Quarterly Results (3QFY19); Net Profit Up 11.8%

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?  

PHOENIX MILL Announces Quarterly Results (3QFY19); Net Profit Up 11.8%
Tue, 12 Feb

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

PHOENIX MILL Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m4,1664,0474,4048.8%5.7%
Other incomeRs m106183170-7.0%60.4%
TurnoverRs m4,2724,2304,5748.1%7.1%
ExpensesRs m2,0992,0652,1805.5%3.9%
Gross profitRs m2,1772,0862,2256.7%2.2%
DepreciationRs m4855065233.3%7.9%
InterestRs m883917917-0.1%3.9%
Profit before taxRs m91584595513.0%4.3%
TaxRs m218179175-2.1%-19.7%
Profit after taxRs m69766678017.1%11.8%
Gross profit margin%52.251.550.5
Effective tax rate%23.821.118.3
Net profit margin%16.315.717.1
* 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 5.7% on a year-on-year (YoY) basis. The expenses were up by 3.9% YoY during the same period.
  • The company's operating profit increased by 2.2% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 50.5% in 3QFY19 as against 52.2% in 3QFY18.
  • Depreciation charges increased by 7.9% and finance costs increased by 3.9% YoY, respectively.
  • Other income increased by 60.4% YoY during the quarter.
  • Net profit for the quarter increased by 11.8% YoY. Net profit margins during the quarter increased from 16.3% in 3QFY18 to 17.1% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 8.8% on a quarter-on-quarter (QoQ) basis. The expenses were up by 5.5% QoQ during the same period.
  • The company's operating profit declined by 6.7% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 50.5% in 3QFY19 as against 51.5% in 2QFY18.
  • Net profit for the quarter increased by 17.1% QoQ, while net profit margins increased from 15.7% in 2QFY18 to 17.1% in 3QFY19.

To see how PHOENIX MILL has performed over the last eight quarters, please visit here.

PHOENIX MILL Share Price Performance

Over the last one year, PHOENIX MILL share price has moved up from Rs 605.7 to Rs 589.0, registering a Loss of Rs 16.7 or around 2.7%.

Meanwhile, the S&P BSE REALTY Index is trading at Rs 1,748.9 (down 0.2%). Over the last one year it has moved down from 2,518.0 to 1,748.9, a gain of 769 points (down 30.5%).

Overall, the S&P BSE SENSEX is up 6.1% over the year.

Current Valuations

At the current price of Rs 589.0, the price to earnings (P/E) ratio of PHOENIX MILL stands at 27.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.0 times.

Equitymaster requests your view! Post a comment on "PHOENIX MILL Announces Quarterly Results (3QFY19); Net Profit Up 11.8%". Click here!

  

Related Views on News

PHOENIX MILL 2017-18 Annual Report Analysis (Annual Result Update)

Dec 19, 2018 | Updated on Dec 19, 2018

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

PHOENIX MILL Announces Quarterly Results (2QFY19); Net Profit Up 57.5% (Quarterly Result Update)

Nov 12, 2018 | Updated on Nov 12, 2018

For the quarter ended September 2018, PHOENIX MILL has posted a net profit of Rs 666 m (up 57.5% YoY). Sales on the other hand came in at Rs 4 bn (up 9.2% YoY). Read on for a complete analysis of PHOENIX MILL's quarterly results.

PHOENIX MILL Announces Quarterly Results (1QFY19); Net Profit Up 135.3% (Quarterly Result Update)

Aug 13, 2018 | Updated on Aug 13, 2018

For the quarter ended June 2018, PHOENIX MILL has posted a net profit of Rs 646 m (up 135.3% YoY). Sales on the other hand came in at Rs 4 bn (up 4.4% YoY). Read on for a complete analysis of PHOENIX MILL's quarterly results.

IRCON International IPO: Is This PSU Worth Betting On? (IPO)

Sep 17, 2018

Should you subscribe to the IPO of IRCON International Ltd?

Capacit'e Infraprojects Ltd. (IPO)

Sep 12, 2017

Should you subscribe to the IPO of Capacit'e Infraprojects Ltd?

More Views on News

Most Popular

This is Why the Stock of Jubilant FoodWorks Went Up 1,160%(The 5 Minute Wrapup)

Apr 12, 2019

This critical business strategy has enabled companies to scale their operations faster.

Pocketing Massive Gains with HDFC And HDFC Bank(Profit Hunter)

Apr 12, 2019

Here's how one could have generated gains of Rs 59,250 in 10 days by trading HDFC and HDFC Bank with a capital of Rs 4 lakh.

My Master Series on How to Trade Election 2019(Profit Hunter)

Apr 16, 2019

For 30 years he has watched how elections impact the markets, and practiced how to profit from it. Now he is here...telling you everything. Read on...

Election Series: Follow the World's Biggest Traders To See Where the Money Flows(The 5 Minute Wrapup)

Apr 17, 2019

20% of all the traders bring in 80% of the money. Watch these 20% and you get a working idea of which way the wind is blowing.

A Letter to You from India's No. 1 Trader(The 5 Minute Wrapup)

Apr 15, 2019

It's our great pleasure to introduce Vijay Bhambwani to our readers - we consider Vijay to be India's best trader. Read on to find out why...

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

PHOENIX MILL SHARE PRICE


Apr 25, 2019 (Close)

TRACK PHOENIX MILL

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

PHOENIX MILL - MARATHON NEXTGEN REALTY LTD COMPARISON

COMPARE PHOENIX MILL WITH

MARKET STATS