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 Announces Quarterly Results (2QFY20); Net Profit Up 20.2% (Quarterly Result Update)

Nov 12, 2019 | Updated on Nov 12, 2019

For the quarter ended September 2019, TATA POWER has posted a net profit of Rs 5 bn (up 20.2% YoY). Sales on the other hand came in at Rs 77 bn (up 4.7% YoY). Read on for a complete analysis of TATA POWER's quarterly results.

TATA POWER Announces Quarterly Results (1QFY20); Net Profit Down 85.1% (Quarterly Result Update)

Aug 2, 2019 | Updated on Aug 2, 2019

For the quarter ended June 2019, TATA POWER has posted a net profit of Rs 2 bn (down 85.1% YoY). Sales on the other hand came in at Rs 78 bn (up 6.2% YoY). Read on for a complete analysis of TATA POWER's quarterly results.

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.

More Views on News

Most Popular

How to Buy the Best Safe Stocks in 2020(The 5 Minute Wrapup)

Jan 17, 2020

Don't fall for the safe stocks narrative going around in the stock market these days.

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.

For 1,000%+ Gains, Follow the 8-Year Cycle in the Stock Market(Fast Profits Daily)

Jan 17, 2020

This is how the biggest trading profits are made.

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.

The Best Asset Class to Invest in 2020(Fast Profits Daily)

Jan 24, 2020

Why I'm most bullish on this asset class above all else in 2020.

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 POWER SHARE PRICE


Jan 28, 2020 (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