TATA GLOBAL Announces Quarterly Results (4QFY19); Net Profit Down 18.2%

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?  

TATA GLOBAL Announces Quarterly Results (4QFY19); Net Profit Down 18.2%
Thu, 25 Apr

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

TATA GLOBAL Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m16,88419,12617,755-7.2%5.2%
Other incomeRs m25722635256.0%37.0%
TurnoverRs m17,14119,35218,107-6.4%5.6%
ExpensesRs m15,42717,16416,012-6.7%3.8%
Gross profitRs m1,4411,9621,659-15.5%15.2%
DepreciationRs m28529633011.3%15.8%
InterestRs m13613015519.5%14.0%
Profit before taxRs m1,2771,7621,527-13.4%19.5%
TaxRs m1305495887.1%351.8%
Profit after taxRs m1,1471,213938-22.7%-18.2%
Gross profit margin%8.510.39.3
Effective tax rate%10.231.238.5
Net profit margin%6.76.35.2
* 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 5.2% on a year-on-year (YoY) basis. The expenses were up by 3.8% YoY during the same period.
  • The company's operating profit increased by 15.2% YoY during the quarter. Consequently, operating profit margins remained same and stood at 9.3% in 4QFY19.
  • Depreciation charges increased by 15.8% and finance costs increased by 14.0% YoY, respectively.
  • Other income increased by 37.0% YoY during the quarter.
  • Net profit for the quarter declined by 18.2% YoY. Net profit margins during the quarter declined from 6.7% in 4QFY18 to 5.2% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 7.2% on a quarter-on-quarter (QoQ) basis. The expenses were down by 6.7% QoQ during the same period.
  • The company's operating profit declined by 15.5% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 9.3% in 4QFY19 as against 10.3% in 3QFY18.
  • Net profit for the quarter declined by 22.7% QoQ, while net profit margins declined from 6.3% in 3QFY18 to 5.2% in 4QFY19.

To see how TATA GLOBAL has performed over the last eight quarters, please visit here.

TATA GLOBAL Share Price Performance

Over the last one year, TATA GLOBAL share price has moved up from Rs 289.2 to Rs 211.5, registering a Loss of Rs 77.7 or around 26.9%.

Overall, the S&P BSE SENSEX is up 11.9% over the year.

Current Valuations

At the current price of Rs 211.5, the price to earnings (P/E) ratio of TATA GLOBAL stands at 27.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.9 times.

Equitymaster requests your view! Post a comment on "TATA GLOBAL Announces Quarterly Results (4QFY19); Net Profit Down 18.2%". Click here!

  

Related Views on News

TATA GLOBAL Announces Quarterly Results (2QFY20); Net Profit Up 14.5% (Quarterly Result Update)

Nov 5, 2019 | Updated on Nov 5, 2019

For the quarter ended September 2019, TATA GLOBAL has posted a net profit of Rs 1 bn (up 14.5% YoY). Sales on the other hand came in at Rs 18 bn (up 4.2% YoY). Read on for a complete analysis of TATA GLOBAL's quarterly results.

TATA GLOBAL Announces Quarterly Results (1QFY20); Net Profit Up 16.4% (Quarterly Result Update)

Aug 2, 2019 | Updated on Aug 2, 2019

For the quarter ended June 2019, TATA GLOBAL has posted a net profit of Rs 1 bn (up 16.4% YoY). Sales on the other hand came in at Rs 19 bn (up 5.2% YoY). Read on for a complete analysis of TATA GLOBAL's quarterly results.

TATA GLOBAL 2018-19 Annual Report Analysis (Annual Result Update)

May 27, 2019 | Updated on May 27, 2019

Here's an analysis of the annual report of TATA GLOBAL for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of TATA GLOBAL. Also includes updates on the valuation of TATA GLOBAL.

More Views on News

Most Popular

My Latest Stock Recommendation(Fast Profits Daily)

Jan 10, 2020

The story behind my latest stock recommendation and an important announcement.

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.

Your Safe Income Options for 2020(Fast Profits Daily)

Jan 9, 2020

What are you safest investing options in 2020 when interest rates fall.

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.

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

TATA GLOBAL SHARE PRICE


Jan 22, 2020 (Close)

TRACK TATA GLOBAL

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

TATA GLOBAL - COCA COLA COMPARISON

COMPARE TATA GLOBAL WITH

MARKET STATS