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

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?  

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.

Equitymaster requests your view! Post a comment on "CREST VENTURES Announces Quarterly Results (4QFY19); Net Profit Down 8.8%". Click here!

  

Related Views on News

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)

Jan 3, 2019 | Updated on Jan 3, 2019

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)

Nov 12, 2018 | Updated on Nov 12, 2018

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.

More Views on News

Most Popular

These 5 Smallcaps Deserve a Place in Your Coffee Can Portfolio(Profit Hunter)

Jul 28, 2020

When it comes to quality stocks, doing less is more.

Before You Buy Your First Electric Vehicle Consider Buying this Stock(Profit Hunter)

Jul 29, 2020

As competition intensifies in the electric vehicle space, only few will create huge wealth over the years.

How to Buy Gold and Silver(Fast Profits Daily)

Jul 27, 2020

In this video I'll show you how to buy bullion the right way.

Elon Musk Gives Us a Trading Opportunity(Fast Profits Daily)

Jul 28, 2020

Elon Musk made a statement recently which I believe, gives us a fast profit trading opportunity.

More

Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

CREST VENTURES SHARE PRICE


Aug 6, 2020 (Close)

TRACK CREST VENTURES

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

MORE ON CREST VENTURES

CREST VENTURES 5-YR ANALYSIS

COMPARE CREST VENTURES WITH

MARKET STATS