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.
RELIANCE CAPITAL Announces Quarterly Results (2QFY19); Net Profit Down 20.2%

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?  

RELIANCE CAPITAL Announces Quarterly Results (2QFY19); Net Profit Down 20.2%
Thu, 29 Nov

RELIANCE CAPITAL has announced its results for the quarter ended September 2018. Here is a detailed performance review of the same:

RELIANCE CAPITAL Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m52,43046,19053,08014.9%1.2%
Other incomeRs m1102202200.0%100.0%
TurnoverRs m52,54046,41053,30014.8%1.4%
ExpensesRs m37,90032,31038,92020.5%2.7%
Gross profitRs m15,09014,36014,160-1.4%-6.2%
DepreciationRs m3202002000.0%-37.5%
InterestRs m9,88010,80010,750-0.5%8.8%
Profit before taxRs m5,0003,5803,430-4.2%-31.4%
TaxRs m1,480630620-1.6%-58.1%
Profit after taxRs m3,5202,9502,810-4.7%-20.2%
Gross profit margin%28.831.126.7
Effective tax rate%29.617.618.1
Net profit margin%6.76.45.3
* 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 1.2% on a year-on-year (YoY) basis. The expenses were up by 2.7% YoY during the same period.
  • The company's operating profit declined by 6.2% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 26.7% in 2QFY19 as against 28.8% in 2QFY18.
  • Depreciation charges declined by 37.5% and finance costs increased by 8.8% YoY, respectively.
  • Other income increased by 100.0% YoY during the quarter.
  • Net profit for the quarter declined by 20.2% YoY. Net profit margins during the quarter declined from 6.7% in 2QFY18 to 5.3% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 14.9% on a quarter-on-quarter (QoQ) basis. The expenses were up by 20.5% QoQ during the same period.
  • The company's operating profit declined by 1.4% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 26.7% in 2QFY19 as against 31.1% in 1QFY18.
  • Net profit for the quarter declined by 4.7% QoQ, while net profit margins declined from 6.4% in 1QFY18 to 5.3% in 2QFY19.

To see how RELIANCE CAPITAL has performed over the last eight quarters, please visit here.

RELIANCE CAPITAL Share Price Performance

Over the last one year, RELIANCE CAPITAL share price has moved up from Rs 442.4 to Rs 236.6, registering a Loss of Rs 205.8 or around 46.5%.

Overall, the S&P BSE SENSEX is up 7.1% over the year.

Current Valuations

At the current price of Rs 236.6, the price to earnings (P/E) ratio of RELIANCE CAPITAL stands at 6.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.4 times.

Equitymaster requests your view! Post a comment on "RELIANCE CAPITAL Announces Quarterly Results (2QFY19); Net Profit Down 20.2%". Click here!

  

Related Views on News

RELIANCE CAPITAL Plunges by 11%; BSE 500 Index Up 0.1% (Market Updates)

Jun 18, 2019 | Updated on Jun 18, 2019

RELIANCE CAPITAL share price has plunged by 11% and its current market price is Rs 73. The BSE 500 is up by 0.1%. The top gainers in the BSE 500 Index are VARUN BEVERAGES LTD (up 5.0%) and SRF LTD (up 4.6%). The top losers are RELIANCE CAPITAL (down 10.7%) and DHFL (down 10.0%).

RELIANCE CAPITAL Plunges by 5%; BSE 500 Index Up 0.2% (Market Updates)

Jun 18, 2019 | Updated on Jun 18, 2019

RELIANCE CAPITAL share price has plunged by 5% and its current market price is Rs 73. The BSE 500 is up by 0.2%. The top gainers in the BSE 500 Index are CROMPTON GREAVES CONSUMER ELEC. (up 4.0%) and ASTRAZENECA PHARMA (up 4.0%). The top losers are RELIANCE CAPITAL (down 5.4%) and VA TECH WABAG (down 7.2%).

RELIANCE CAPITAL Announces Quarterly Results (3QFY19); Net Profit Down 34.9% (Quarterly Result Update)

Feb 22, 2019 | Updated on Feb 22, 2019

For the quarter ended December 2018, RELIANCE CAPITAL has posted a net profit of Rs 2 bn (down 34.9% YoY). Sales on the other hand came in at Rs 50 bn (up 5.3% YoY). Read on for a complete analysis of RELIANCE CAPITAL's quarterly results.

CreditAccess Grameen IPO: Should You Apply to this Interesting Microfinance Play? (IPO)

Aug 7, 2018

Should you apply to the IPO of CreditAccess Grameen Ltd?

HDFC AMC IPO: Do Valuations Leave Enough on Table for Investors? (IPO)

Jul 20, 2018

Should you subscribe to the IPO of HDFC AMC 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

RELIANCE CAPITAL SHARE PRICE


Jun 18, 2019 (Close)

TRACK RELIANCE CAPITAL

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

MORE ON RELIANCE CAPITAL

RELIANCE CAPITAL 5-YR ANALYSIS

COMPARE RELIANCE CAPITAL WITH

MARKET STATS