X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2018 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.
ASHOKA BUILDCON Announces Quarterly Results (4QFY18); Net Profit Up 61.3%

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?  

Markets will remain closed on 20th September, 2018 on account of Muharram.

ASHOKA BUILDCON Announces Quarterly Results (4QFY18); Net Profit Up 61.3%
Tue, 19 Jun

ASHOKA BUILDCON has announced its results for the quarter ended March 2018. Here is a detailed performance review of the same:

ASHOKA BUILDCON Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-17*
3
Dec-17*
3
Mar-18*
QoQ ChangeYoY Change
Net SalesRs m6,1006,5897,0236.6%15.1%
Other incomeRs m432166612269.3%41.7%
TurnoverRs m6,5326,7557,63513.0%16.9%
ExpensesRs m5,6445,7946,2167.3%10.1%
Gross profitRs m4557968071.5%77.4%
DepreciationRs m1471441440.2%-1.8%
InterestRs m0128113-11.8%0.0%
Profit before taxRs m7406891,16368.6%57.1%
TaxRs m87170109-36.0%25.2%
Profit after taxRs m6545201,054102.8%61.3%
Gross profit margin%7.512.111.5
Effective tax rate%11.724.69.3
Net profit margin%10.07.713.8
* 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 15.1% on a year-on-year (YoY) basis. The expenses were up by 10.1% YoY during the same period.
  • The company's operating profit increased by 77.4% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 11.5% in 4QFY18 as against 7.5% in 4QFY17.
  • Depreciation charges and finance costs declined by 1.8% YoY and 0.0% YoY, respectively.
  • Other income increased by 41.7% YoY during the quarter.
  • Net profit for the quarter increased by 61.3% YoY. Net profit margins during the quarter increased from 10.0% in 4QFY17 to 13.8% in 4QFY18.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 6.6% on a quarter-on-quarter (QoQ) basis. The expenses were up by 7.3% QoQ during the same period.
  • The company's operating profit increased by 1.5% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 11.5% in 4QFY18 as against 12.1% in 3QFY17.
  • Net profit for the quarter increased by 102.8% QoQ, while net profit margins increased from 7.7% in 3QFY17 to 13.8% in 4QFY18.

To see how ASHOKA BUILDCON has performed over the last eight quarters, please visit here.

ASHOKA BUILDCON Share Price Performance

Over the last one year, ASHOKA BUILDCON share price has moved up from Rs 195.6 to Rs 225.3, registering a Gain of Rs 29.8 or around 15.2%.

Meanwhile, the S&P BSE REALTY Index is trading at Rs 2,140.5 (down 1.8%). Over the last one year it has moved up from 2,083.5 to 2,140.5, a gain of 57.0 points (up 2.7%).

Overall, the S&P BSE SENSEX is down 0.5% over the year.

Current Valuations

At the current price of Rs 225.3, the price to earnings (P/E) ratio of ASHOKA BUILDCON stands at 14.2 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.1 times.

Equitymaster requests your view! Post a comment on "ASHOKA BUILDCON Announces Quarterly Results (4QFY18); Net Profit Up 61.3%". Click here!

  

Related Views on News

ASHOKA BUILDCON Announces Quarterly Results (1QFY19); Net Profit Up 3.2% (Quarterly Result Update)

Aug 21, 2018 | Updated on Aug 21, 2018

For the quarter ended June 2018, ASHOKA BUILDCON has posted a net profit of Rs 639 m (up 3.2% YoY). Sales on the other hand came in at Rs 7 bn (down 5.4% YoY). Read on for a complete analysis of ASHOKA BUILDCON's quarterly results.

IRCON International IPO: Is This PSU Worth Betting On? (IPO)

Sep 17, 2018

Should you subscribe to the IPO of IRCON International Ltd?

Capacit'e Infraprojects Ltd. (IPO)

Sep 12, 2017

Should you subscribe to the IPO of Capacit'e Infraprojects Ltd?

Bharat Road Network Ltd. (IPO)

Sep 5, 2017

Should you subscribe to the IPO of Bharat Road Network Ltd?

More Views on News

Most Popular

Is It the Right Time to Buy Pharma Stocks Now?(The 5 Minute Wrapup)

Sep 12, 2018

Is the pharma sector poised for a comeback? Is the worst over? I believe so.

Want Bigger Returns Than You Thought Possible? This is Where You Should Look(Profit Hunter)

Sep 12, 2018

Richa has discovered the single most profitable opportunity in the market - read on to discover more...

The Secret Of Mirae Asset India Equity Fund's Increasing Popularity(Outside View)

Sep 7, 2018

The prudent investment strategies followed at the fund house has helped Mirae Asset India Equity Fund earn a tag of being a consistent performer, which is in turn gaining popularity among investors.

Should You Be Worried About the Rising Dollar?(Chart Of The Day)

Sep 7, 2018

While the rupee has deprecated by about 5% annually since 1990 against the dollar, the BSE Sensex has returned 14% annually in the same period.

Revenge of the Ratings Agencies(Vivek Kaul's Diary)

Sep 7, 2018

Do you remember when ratings agencies ruled financial markets? Nick explains why he thinks it's time to prepare yourselves for a comeback of the ratings agencies.

More

Small Investments
BIG Returns

Zero To Millions Guide 2018
Get our special report, Zero To Millions
(2018 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

ASHOKA BUILDCON SHARE PRICE


Sep 19, 2018 (Close)

TRACK ASHOKA BUILDCON

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

MORE ON ASHOKA BUILDCON

ASHOKA BUILDCON 8-QTR ANALYSIS

COMPARE ASHOKA BUILDCON WITH

MARKET STATS