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.
TATA POWER Announces Quarterly Results (4QFY19); Net Profit Down 122.3%

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 POWER Announces Quarterly Results (4QFY19); Net Profit Down 122.3%
Tue, 7 May

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

TATA POWER Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m78,95277,06772,302-6.2%-8.4%
Other incomeRs m6411481,8671160.3%191.1%
TurnoverRs m79,59377,21574,169-3.9%-6.8%
ExpensesRs m64,50061,05058,816-3.7%-8.8%
Gross profitRs m26,90516,01713,487-15.8%-49.9%
DepreciationRs m6,4546,0276,0350.1%-6.5%
InterestRs m8,97510,14011,0879.3%23.5%
Profit before taxRs m12,117-2-1,768-114.6%
TaxRs m-965-1,2221,152
Profit after taxRs m13,0821,220-2,920-339.4%-122.3%
Gross profit margin%34.120.818.7
Effective tax rate%-8.064,305.3-65.2
Net profit margin%16.41.6-3.9
* 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 fell 8.4% on a year-on-year (YoY) basis. The expenses were down by 8.8% YoY during the same period.
  • The company's operating profit declined by 49.9% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 18.7% in 4QFY19 as against 34.1% in 4QFY18.
  • Depreciation charges declined by 6.5% and finance costs increased by 23.5% YoY, respectively.
  • Other income increased by 191.1% YoY during the quarter.
  • Net profit for the quarter declined by 122.3% YoY. Net profit margins during the quarter declined from 16.4% in 4QFY18 to -3.9% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 6.2% on a quarter-on-quarter (QoQ) basis. The expenses were down by 3.7% QoQ during the same period.
  • The company's operating profit declined by 15.8% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 18.7% in 4QFY19 as against 20.8% in 3QFY18.
  • Net profit for the quarter declined by 339.4% QoQ, while net profit margins declined from 1.6% in 3QFY18 to -3.9% in 4QFY19.

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

TATA POWER Share Price Performance

Over the last one year, TATA POWER share price has moved up from Rs 85.1 to Rs 65.5, registering a Loss of Rs 19.6 or around 23.0%.

Meanwhile, the S&P BSE POWER Index is trading at Rs 1,975.5 (up 0.4%). Over the last one year it has moved down from 2,202.3 to 1,975.5, a gain of 227 points (down 10.3%).

Overall, the S&P BSE SENSEX is up 9.9% over the year.

Current Valuations

At the current price of Rs 65.5, the price to earnings (P/E) ratio of TATA POWER stands at 10.7 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.2 times.

Equitymaster requests your view! Post a comment on "TATA POWER Announces Quarterly Results (4QFY19); Net Profit Down 122.3%". Click here!

  

Related Views on News

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

Jun 4, 2019 | Updated on Jun 4, 2019

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

TATA POWER Announces Quarterly Results (3QFY19); Net Profit Down 30.7% (Quarterly Result Update)

Jan 29, 2019 | Updated on Jan 29, 2019

For the quarter ended December 2018, TATA POWER has posted a net profit of Rs 1 bn (down 30.7% YoY). Sales on the other hand came in at Rs 77 bn (up 10.9% YoY). Read on for a complete analysis of TATA POWER's quarterly results.

TATA POWER Announces Quarterly Results (2QFY19); Net Profit Up 66.4% (Quarterly Result Update)

Nov 9, 2018 | Updated on Nov 9, 2018

For the quarter ended September 2018, TATA POWER has posted a net profit of Rs 4 bn (up 66.4% YoY). Sales on the other hand came in at Rs 73 bn (down 4.2% YoY). Read on for a complete analysis of TATA POWER's quarterly results.

More Views on News

Most Popular

These 3 Smallcap Stocks are Set to Make the Most of Smallcap Rebound(Profit Hunter)

Jul 9, 2019

As the sense of normalcy returns to the markets, the rebound in the quality smallcaps could be huge.

2 Stocks from Super Investor Sanjay Bakshi's Portfolio You Can Bet On...(The 5 Minute Wrapup)

Jul 12, 2019

Despite the current fear prevailing in the markets, both these stocks have the potential to deliver in 4-5 years.

After Disappointing Budget, Here's a Document that Concerns Largecap and Smallcap Investors(The 5 Minute Wrapup)

Jul 8, 2019

A new 'definition' of the stock universe that triggered the smallcap sell-off is back with the latest list...

Here's What to Do with Falling Small Cap Stocks(Profit Hunter)

Jul 10, 2019

There are some great buying opportunities in the market right now - and the small cap space is your best bet.

Budget an Icing on the Cake for This Smart Money Backed Affordable Housing Stock(The 5 Minute Wrapup)

Jul 10, 2019

Affordable housing is one of the most straightforward growth stories in India. This will help the real estate sector to come out of the slump.

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

TATA POWER SHARE PRICE


Jul 19, 2019 (Close)

TRACK TATA POWER

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

TATA POWER 8-QTR ANALYSIS

COMPARE TATA POWER WITH

MARKET STATS