FUTURE ENTERPRISES Announces Quarterly Results (3QFY19); Net Profit Down 98.7%

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?  

FUTURE ENTERPRISES Announces Quarterly Results (3QFY19); Net Profit Down 98.7%
Fri, 22 Feb

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

FUTURE ENTERPRISES Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m10,91412,13711,129-8.3%2.0%
Other incomeRs m1,2468775-13.6%-94.0%
TurnoverRs m12,16012,22411,204-8.3%-7.9%
ExpensesRs m8,1628,8197,807-11.5%-4.3%
Gross profitRs m2,7523,3183,3220.1%20.7%
DepreciationRs m1,7701,8981,9613.3%10.8%
InterestRs m1,4091,4111,4200.7%0.8%
Profit before taxRs m8199615-83.9%-98.1%
TaxRs m0265-81.5%0.0%
Profit after taxRs m8197011-84.8%-98.7%
Gross profit margin%25.227.329.9
Effective tax rate%0.027.131.2
Net profit margin%6.70.60.1
* 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 2.0% on a year-on-year (YoY) basis. The expenses were down by 4.3% YoY during the same period.
  • The company's operating profit increased by 20.7% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 29.9% in 3QFY19 as against 25.2% in 3QFY18.
  • Depreciation charges increased by 10.8% and finance costs increased by 0.8% YoY, respectively.
  • Other income declined by 94.0% YoY during the quarter.
  • Net profit for the quarter declined by 98.7% YoY. Net profit margins during the quarter declined from 6.7% in 3QFY18 to 0.1% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 8.3% on a quarter-on-quarter (QoQ) basis. The expenses were down by 11.5% QoQ during the same period.
  • The company's operating profit increased by 0.1% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 29.9% in 3QFY19 as against 27.3% in 2QFY18.
  • Net profit for the quarter declined by 84.8% QoQ, while net profit margins declined from 0.6% in 2QFY18 to 0.1% in 3QFY19.

To see how FUTURE ENTERPRISES has performed over the last eight quarters, please visit here.

FUTURE ENTERPRISES Share Price Performance

Over the last one year, FUTURE ENTERPRISES share price has moved up from Rs 41.6 to Rs 33.6, registering a Loss of Rs 8.0 or around 19.3%.

Overall, the S&P BSE SENSEX is up 6.0% over the year.

Current Valuations

At the current price of Rs 33.6, the price to book value (P/BV) ratio of FUTURE ENTERPRISES stands at 3.2 times.

Equitymaster requests your view! Post a comment on "FUTURE ENTERPRISES Announces Quarterly Results (3QFY19); Net Profit Down 98.7%". Click here!

  

Related Views on News

FUTURE ENTERPRISES Announces Quarterly Results (1QFY20); Net Profit Up 57.5% (Quarterly Result Update)

Aug 16, 2019 | Updated on Aug 16, 2019

For the quarter ended June 2019, FUTURE ENTERPRISES has posted a net profit of Rs 129 m (up 57.5% YoY). Sales on the other hand came in at Rs 11 bn (up 7.8% YoY). Read on for a complete analysis of FUTURE ENTERPRISES's quarterly results.

FUTURE ENTERPRISES Announces Quarterly Results (4QFY19); Net Profit Up 199.1% (Quarterly Result Update)

Jun 3, 2019 | Updated on Jun 3, 2019

For the quarter ended March 2019, FUTURE ENTERPRISES has posted a net profit of Rs 463 m (up 199.1% YoY). Sales on the other hand came in at Rs 12 bn (up 29.7% YoY). Read on for a complete analysis of FUTURE ENTERPRISES's quarterly results.

FUTURE ENTERPRISES 2017-18 Annual Report Analysis (Annual Result Update)

May 10, 2019 | Updated on May 10, 2019

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

TCNS Clothing: Is this Retail Company Focusing on Women's Apparel Worth Betting On? (IPO)

Jul 17, 2018

With topline growth of 50% CAGR over a period of four years, should you apply to this initial public offer?

More Views on News

Most Popular

Bet on These Smallcap Stocks for Success in 2020(Profit Hunter)

Jan 14, 2020

The smallcap rebound finally seems to here... Make sure you aren't too late to make the most of the biggest wealth making opportunity in a decade.

Guess Which Stocks Are Rising at Double the Speed of Sensex(Profit Hunter)

Jan 15, 2020

These stocks can move twice as fast as the Sensex - to take advantage of their money multiplying power get in now as the rally is still just taking shape.. read more to not miss out.

How to Buy the Best Safe Stocks in 2020(The 5 Minute Wrapup)

Jan 17, 2020

Don't fall for the safe stocks narrative going around in the stock market these days.

For 1,000%+ Gains, Follow the 8-Year Cycle in the Stock Market(Fast Profits Daily)

Jan 17, 2020

This is how the biggest trading profits are made.

What the Infosys Results Tell Us About the Next Infosys(The 5 Minute Wrapup)

Jan 15, 2020

If you're interested in the next Infosys, I'll tell you where to look.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get our special report, Secret to Increasing Your Trading Profits Today Now!
We will never sell or rent your email id.
Please read our Terms

FUTURE ENTERPRISES SHARE PRICE


Jan 24, 2020 (Close)

TRACK FUTURE ENTERPRISES

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

MORE ON FUTURE ENTERPRISES

FUTURE ENTERPRISES 5-YR ANALYSIS

COMPARE FUTURE ENTERPRISES WITH

MARKET STATS