CREST VENTURES Announces Quarterly Results (4QFY19); Net Profit Down 8.8%

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CREST VENTURES Announces Quarterly Results (4QFY19); Net Profit Down 8.8%
Wed, 15 May

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

CREST VENTURES Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m1061331373.0%28.4%
Other incomeRs m55863.6%79.9%
TurnoverRs m1111381455.2%30.5%
ExpensesRs m832489276.8%7.6%
Gross profitRs m12610913220.9%4.8%
DepreciationRs m444-0.6%-7.7%
InterestRs m18222512.5%37.0%
Profit before taxRs m1088811226.3%3.0%
TaxRs m-4259-64.5%
Profit after taxRs m1136310362.5%-8.8%
Gross profit margin%118.182.196.4
Effective tax rate%-3.928.58.0
Net profit margin%101.445.970.9
* 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 28.4% on a year-on-year (YoY) basis. The expenses were up by 7.6% YoY during the same period.
  • The company's operating profit increased by 4.8% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 96.4% in 4QFY19 as against 118.1% in 4QFY18.
  • Depreciation charges declined by 7.7% and finance costs increased by 37.0% YoY, respectively.
  • Other income increased by 79.9% YoY during the quarter.
  • Net profit for the quarter declined by 8.8% YoY. Net profit margins during the quarter declined from 101.4% in 4QFY18 to 70.9% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 3.0% on a quarter-on-quarter (QoQ) basis. The expenses were up by 276.8% QoQ during the same period.
  • The company's operating profit increased by 20.9% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 96.4% in 4QFY19 as against 82.1% in 3QFY18.
  • Net profit for the quarter increased by 62.5% QoQ, while net profit margins increased from 45.7% in 3QFY18 to 70.9% in 4QFY19.

To see how CREST VENTURES has performed over the last eight quarters, please visit here.

CREST VENTURES Share Price Performance

Over the last one year, CREST VENTURES share price has moved up from Rs 199.0 to Rs 116.7, registering a Loss of Rs 82.3 or around 41.4%.

Overall, the S&P BSE SENSEX is up 5.5% over the year.

Current Valuations

At the current price of Rs 116.7, the price to earnings (P/E) ratio of CREST VENTURES stands at 5.0 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.5 times.

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CREST VENTURES Announces Quarterly Results (3QFY19); Net Profit Down 68.7% (Quarterly Result Update)

Feb 22, 2019 | Updated on Feb 22, 2019

For the quarter ended December 2018, CREST VENTURES has posted a net profit of Rs 63 m (down 68.7% YoY). Sales on the other hand came in at Rs 133 m (down 25.9% YoY). Read on for a complete analysis of CREST VENTURES's quarterly results.

CREST VENTURES 2017-18 Annual Report Analysis (Annual Result Update)

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

CREST VENTURES Announces Quarterly Results (2QFY19); Net Profit Down 71.0% (Quarterly Result Update)

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For the quarter ended September 2018, CREST VENTURES has posted a net profit of Rs 148 m (down 71.0% YoY). Sales on the other hand came in at Rs 128 m (down 77.2% YoY). Read on for a complete analysis of CREST VENTURES's quarterly results.

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