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.
TAJ GVK Announces Quarterly Results (4QFY19); Net Profit Up 39.0%

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?  

TAJ GVK Announces Quarterly Results (4QFY19); Net Profit Up 39.0%
Fri, 17 May

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

TAJ GVK Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m8338588701.4%4.4%
Other incomeRs m203652210.7%225.1%
TurnoverRs m8538619358.6%9.6%
ExpensesRs m6396286503.5%1.7%
Gross profitRs m194230221-4.2%13.5%
DepreciationRs m434240-5.2%-7.2%
InterestRs m625452-4.1%-17.2%
Profit before taxRs m10913719441.2%77.8%
TaxRs m36549372.6%156.1%
Profit after taxRs m738410121.0%39.0%
Gross profit margin%23.326.825.3
Effective tax rate%33.239.147.8
Net profit margin%8.59.710.8
* 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 4.4% on a year-on-year (YoY) basis. The expenses were up by 1.7% YoY during the same period.
  • The company's operating profit increased by 13.5% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 25.3% in 4QFY19 as against 23.3% in 4QFY18.
  • Depreciation charges declined by 7.2% and finance costs declined by 17.2% YoY, respectively.
  • Other income increased by 225.1% YoY during the quarter.
  • Net profit for the quarter increased by 39.0% YoY. Net profit margins during the quarter increased from 8.5% in 4QFY18 to 10.8% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 1.4% on a quarter-on-quarter (QoQ) basis. The expenses were up by 3.5% QoQ during the same period.
  • The company's operating profit declined by 4.2% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 25.3% in 4QFY19 as against 26.8% in 3QFY18.
  • Net profit for the quarter increased by 21.0% QoQ, while net profit margins increased from 9.8% in 3QFY18 to 10.8% in 4QFY19.

To see how TAJ GVK has performed over the last eight quarters, please visit here.

TAJ GVK Share Price Performance

Over the last one year, TAJ GVK share price has moved up from Rs 227.7 to Rs 183.4, registering a Loss of Rs 44.3 or around 19.5%.

Overall, the S&P BSE SENSEX is up 6.2% over the year.

Current Valuations

At the current price of Rs 183.4, the price to earnings (P/E) ratio of TAJ GVK stands at 48.5 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.1 times.

Equitymaster requests your view! Post a comment on "TAJ GVK Announces Quarterly Results (4QFY19); Net Profit Up 39.0%". Click here!

  

Related Views on News

TAJ GVK Announces Quarterly Results (3QFY19); Net Profit Down 15.1% (Quarterly Result Update)

Feb 4, 2019 | Updated on Feb 4, 2019

For the quarter ended December 2018, TAJ GVK has posted a net profit of Rs 84 m (down 15.1% YoY). Sales on the other hand came in at Rs 858 m (up 3.8% YoY). Read on for a complete analysis of TAJ GVK's quarterly results.

TAJ GVK Announces Quarterly Results (2QFY19); Net Profit Down 44.3% (Quarterly Result Update)

Nov 12, 2018 | Updated on Nov 12, 2018

For the quarter ended September 2018, TAJ GVK has posted a net profit of Rs 13 m (down 44.3% YoY). Sales on the other hand came in at Rs 714 m (up 13.7% YoY). Read on for a complete analysis of TAJ GVK's quarterly results.

Chalet Hotels IPO: Should You Bet on This High-End Hotel Chain Owner? (IPO)

Jan 29, 2019

Should you subscribe to the IPO of Chalet Hotels Ltd?

Lemon Tree Hotels IPO: India's Largest Hotel Chain in the Mid-Priced Hotel Sector (IPO)

Mar 23, 2018

Should you subscribe to the IPO of Lemon Tree Hotels Ltd?

More Views on News

Most Popular

The Best 4 Small-cap Stocks to Buy(The 5 Minute Wrapup)

Jun 3, 2019

In the sometimes good sometimes bad market of small caps, there are strong buying opportunities available today. But this great opportunity won't last forever.

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.

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 Top 7 Stocks to Profit from Modi's Repeat Performance(Profit Hunter)

Jun 3, 2019

The long-term India story looks promising with the Modi government back in power. Which stocks are likely to go up the most?

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...

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

TAJ GVK SHARE PRICE


Jun 14, 2019 (Close)

TRACK TAJ GVK

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

COMPARE TAJ GVK WITH

MARKET STATS