VST TILLERS Announces Quarterly Results (3QFY19); Net Profit Down 67.8%

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?  

VST TILLERS Announces Quarterly Results (3QFY19); Net Profit Down 67.8%
Fri, 15 Feb

VST TILLERS has announced its results for the quarter ended December 2018. Here is a detailed performance review of the same:

VST TILLERS Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m1,6571,4461,4601.0%-11.9%
Other incomeRs m15316066-58.8%-56.9%
TurnoverRs m1,8101,6061,526-5.0%-15.7%
ExpensesRs m1,3671,4181,326-6.5%-3.0%
Gross profitRs m29028134382.0%-53.7%
DepreciationRs m2831336.8%20.7%
InterestRs m685-33.3%-10.7%
Profit before taxRs m4101491628.3%-60.5%
TaxRs m9658615.6%-36.7%
Profit after taxRs m3149210110.0%-67.8%
Gross profit margin%17.51.99.2
Effective tax rate%23.438.537.5
Net profit margin%17.35.76.6
* 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 11.9% on a year-on-year (YoY) basis. The expenses were down by 3.0% YoY during the same period.
  • The company's operating profit declined by 53.7% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 9.2% in 3QFY19 as against 17.5% in 3QFY18.
  • Depreciation charges increased by 20.7% and finance costs declined by 10.7% YoY, respectively.
  • Other income declined by 56.9% YoY during the quarter.
  • Net profit for the quarter declined by 67.8% YoY. Net profit margins during the quarter declined from 17.3% in 3QFY18 to 6.6% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 1.0% on a quarter-on-quarter (QoQ) basis. The expenses were down by 6.5% QoQ during the same period.
  • The company's operating profit increased by 382.0% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 9.2% in 3QFY19 as against 1.9% in 2QFY18.
  • Net profit for the quarter increased by 10.0% QoQ, while net profit margins increased from 5.7% in 2QFY18 to 6.6% in 3QFY19.

To see how VST TILLERS has performed over the last eight quarters, please visit here.

VST TILLERS Share Price Performance

Over the last one year, VST TILLERS share price has moved up from Rs 2,657.7 to Rs 1,497.6, registering a Loss of Rs 1,160.1 or around 43.7%.

Meanwhile, the S&P BSE AUTO Index is trading at Rs 18,229.1 (down 1.4%). Over the last one year it has moved down from 25,187.9 to 18,229.1, a gain of 6,959 points (down 27.6%).

Overall, the S&P BSE SENSEX is up 4.4% over the year.

Current Valuations

At the current price of Rs 1,497.6, the price to earnings (P/E) ratio of VST TILLERS stands at 19.2 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.2 times.

Equitymaster requests your view! Post a comment on "VST TILLERS Announces Quarterly Results (3QFY19); Net Profit Down 67.8%". Click here!

  

Related Views on News

VST TILLERS Announces Quarterly Results (3QFY20); Net Profit Down 65.7% (Quarterly Result Update)

Feb 17, 2020 | Updated on Feb 17, 2020

For the quarter ended December 2019, VST TILLERS has posted a net profit of Rs 35 m (down 65.7% YoY). Sales on the other hand came in at Rs 1 bn (down 15.5% YoY). Read on for a complete analysis of VST TILLERS's quarterly results.

VST TILLERS Announces Quarterly Results (2QFY20); Net Profit Down 30.5% (Quarterly Result Update)

Nov 12, 2019 | Updated on Nov 12, 2019

For the quarter ended September 2019, VST TILLERS has posted a net profit of Rs 64 m (down 30.5% YoY). Sales on the other hand came in at Rs 2 bn (up 11.3% YoY). Read on for a complete analysis of VST TILLERS's quarterly results.

VST TILLERS 2017-18 Annual Report Analysis (Annual Result Update)

Aug 16, 2018 | Updated on Aug 16, 2018

Here's an analysis of the annual report of VST TILLERS for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of VST TILLERS. Also includes updates on the valuation of VST TILLERS.

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

VST TILLERS SHARE PRICE


Aug 6, 2020 (Close)

TRACK VST TILLERS

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

VST TILLERS 5-YR ANALYSIS

COMPARE VST TILLERS WITH

MARKET STATS