COX & KINGS Announces Quarterly Results (1QFY19); Net Profit Down 27.2%

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?  

COX & KINGS Announces Quarterly Results (1QFY19); Net Profit Down 27.2%
Thu, 16 Aug

COX & KINGS has announced its results for the quarter ended June 2018. Here is a detailed performance review of the same:

COX & KINGS Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-17*
3
Mar-18*
3
Jun-18*
QoQ ChangeYoY Change
Net SalesRs m19,08115,92521,83937.1%14.5%
Other incomeRs m14515517714.2%21.8%
TurnoverRs m19,22616,07922,01636.9%14.5%
ExpensesRs m15,35014,56918,86029.5%22.9%
Gross profitRs m3,3831,3102,927123.5%-13.5%
DepreciationRs m1992572819.5%40.9%
InterestRs m564899613-31.7%8.9%
Profit before taxRs m2,7653092,210614.8%-20.1%
TaxRs m88652484160.5%-5.1%
Profit after taxRs m1,879-2151,369-27.2%
Gross profit margin%17.78.213.4
Effective tax rate%32.0169.638.1
Net profit margin%9.8-1.36.2
* 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 14.5% on a year-on-year (YoY) basis. The expenses were up by 22.9% YoY during the same period.
  • The company's operating profit declined by 13.5% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 13.4% in 1QFY19 as against 17.7% in 1QFY18.
  • Depreciation charges and finance costs increased by 40.9% YoY and 8.9% YoY, respectively.
  • Other income increased by 21.8% YoY during the quarter.
  • Net profit for the quarter declined by 27.2% YoY. Net profit margins during the quarter declined from 9.8% in 1QFY18 to 6.2% in 1QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 37.1% on a quarter-on-quarter (QoQ) basis. The expenses were up by 29.5% QoQ during the same period.
  • The company's operating profit increased by 123.5% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 13.4% in 1QFY19 as against 8.2% in 4QFY18.
  • Net profit for the quarter increased by 736.2% QoQ, while net profit margins increased from -1.3% in 4QFY18 to 6.2% in 1QFY19.

To see how COX & KINGS has performed over the last eight quarters, please visit here.

COX & KINGS Share Price Performance

Over the last one year, COX & KINGS share price has moved up from Rs 266.6 to Rs 211.0, registering a Loss of Rs 55.6 or around 20.9%.

Overall, the S&P BSE SENSEX is up 19.8% over the year.

Current Valuations

At the current price of Rs 211.0, the price to earnings (P/E) ratio of COX & KINGS stands at 9.0 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.4 times.

Equitymaster requests your view! Post a comment on "COX & KINGS Announces Quarterly Results (1QFY19); Net Profit Down 27.2%". Click here!

  

Related Views on News

COX & KINGS Announces Quarterly Results (4QFY19); Net Profit Up 6694.7% (Quarterly Result Update)

Jun 3, 2019 | Updated on Jun 3, 2019

For the quarter ended March 2019, COX & KINGS has posted a net profit of Rs 14 bn (up 6694.7% YoY). Sales on the other hand came in at Rs 13 bn (down 21.0% YoY). Read on for a complete analysis of COX & KINGS's quarterly results.

COX & KINGS Announces Quarterly Results (3QFY19); Net Profit Down 58.8% (Quarterly Result Update)

Feb 22, 2019 | Updated on Feb 22, 2019

For the quarter ended December 2018, COX & KINGS has posted a net profit of Rs 319 m (down 58.8% YoY). Sales on the other hand came in at Rs 13 bn (down 3.6% YoY). Read on for a complete analysis of COX & KINGS's quarterly results.

COX & KINGS 2016-17 Annual Report Analysis (Annual Result Update)

Dec 19, 2018 | Updated on Dec 19, 2018

Here's an analysis of the annual report of COX & KINGS for 2016-17. It includes a full income statement, balance sheet and cash flow analysis of COX & KINGS. Also includes updates on the valuation of COX & KINGS.

More Views on News

Most Popular

6 Charts Showing the State of Indian Financial Markets in 2020(Sector Info)

May 26, 2020

Six charts showing how Indian financial markets have performed in 2020 so far...

Why We Picked This Smallcap Stock for a Post Coronavirus World(Profit Hunter)

May 28, 2020

Covid-19 has made it a survival of the fittest race for many companies. The ones that can adapt will thrive in a post crisis world.

What the RBI's Rate Cut Means for Options Traders(Fast Profits Daily)

May 25, 2020

The RBI governor has cut the repo rate to 4%. What does this mean for options traders? Find out in this video.

Who Will Be Crowned the 'Multibagger Blue Chip' of the Decade?(Profit Hunter)

May 25, 2020

Will the mutlibagger blue chips of the past decade continue to rule the bourses?

More

India's #1 Trader
Reveals His Secrets

The Secret to Increasing Your Trading Profits Today
Get this Special Report, The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

COX & KINGS SHARE PRICE


Jun 5, 2020 (Close)

TRACK COX & KINGS

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

COX & KINGS 8-QTR ANALYSIS

COMPARE COX & KINGS WITH

MARKET STATS