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.
MARG LTD Announces Quarterly Results (1QFY19); Net Profit Down 716.9%

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?  

MARG LTD Announces Quarterly Results (1QFY19); Net Profit Down 716.9%
Thu, 6 Sep

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

MARG LTD Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-17*
3
Mar-18*
3
Jun-18*
QoQ ChangeYoY Change
Net SalesRs m886928-59.7%-68.4%
Other incomeRs m16229-59.0%-43.7%
TurnoverRs m1049137-59.5%-64.6%
ExpensesRs m7422356-74.7%-24.0%
Gross profitRs m14-154-29-302.1%
DepreciationRs m242423-0.9%-2.9%
InterestRs m2-5-7-461.1%
Profit before taxRs m4-150-36-987.8%
TaxRs m-2-30
Profit after taxRs m6-147-36-716.9%
Gross profit margin%16.0-222.0-102.2
Effective tax rate%-43.92.10.0
Net profit margin%5.7-161.8-98.9
* 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 68.4% on a year-on-year (YoY) basis. The expenses were down by 24.0% YoY during the same period.
  • The company's operating profit declined by 302.1% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 102.2% in 1QFY19 as against 16.0% in 1QFY18.
  • Depreciation charges and finance costs declined by 2.9% YoY and 461.1% YoY, respectively.
  • Other income declined by 43.7% YoY during the quarter.
  • Net profit for the quarter declined by 716.9% YoY. Net profit margins during the quarter declined from 5.7% in 1QFY18 to -98.9% in 1QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 59.7% on a quarter-on-quarter (QoQ) basis. The expenses were down by 74.7% QoQ during the same period.
  • The company's operating profit increased by 81.4% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 102.2% in 1QFY19 as against 222.0% in 4QFY18.
  • Net profit for the quarter increased by 75.3% QoQ, while net profit margins increased from -161.5% in 4QFY18 to -98.9% in 1QFY19.

To see how MARG LTD has performed over the last eight quarters, please visit here.

MARG LTD Share Price Performance

Over the last one year, MARG LTD share price has moved up from Rs 13.7 to Rs 17.5, registering a Gain of Rs 3.8 or around 28.0%.

Meanwhile, the S&P BSE REALTY Index is trading at Rs 2,067.5 (up 0.7%). Over the last one year it has moved down from 2,199.8 to 2,067.5, a loss of 132 points (down 6.0%).

Overall, the S&P BSE SENSEX is up 20.0% over the year.

Current Valuations

At the current price of Rs 17.5, the price to book value (P/BV) ratio of MARG LTD stands at 0.1 times.

Equitymaster requests your view! Post a comment on "MARG LTD Announces Quarterly Results (1QFY19); Net Profit Down 716.9%". Click here!

  

Related Views on News

MARG LTD Announces Quarterly Results (3QFY19); Net Profit Down 493.5% (Quarterly Result Update)

Mar 5, 2019 | Updated on Mar 5, 2019

For the quarter ended December 2018, MARG LTD has posted a net profit of Rs 24 m (down 493.5% YoY). Sales on the other hand came in at Rs 32 m (down 72.1% YoY). Read on for a complete analysis of MARG LTD's quarterly results.

MARG LTD 2017-18 Annual Report Analysis (Annual Result Update)

Dec 18, 2018 | Updated on Dec 18, 2018

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

MARG LTD Announces Quarterly Results (2QFY19); Net Profit Down 2033.3% (Quarterly Result Update)

Nov 30, 2018 | Updated on Nov 30, 2018

For the quarter ended September 2018, MARG LTD has posted a net profit of Rs 70 m (down 2033.3% YoY). Sales on the other hand came in at Rs 57 m (down 59.3% YoY). Read on for a complete analysis of MARG LTD'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?

More Views on News

Most Popular

This is Why the Stock of Jubilant FoodWorks Went Up 1,160%(The 5 Minute Wrapup)

Apr 12, 2019

This critical business strategy has enabled companies to scale their operations faster.

Pocketing Massive Gains with HDFC And HDFC Bank(Profit Hunter)

Apr 12, 2019

Here's how one could have generated gains of Rs 59,250 in 10 days by trading HDFC and HDFC Bank with a capital of Rs 4 lakh.

A Simple 3-Point Investing Manifesto for You the Indian Investor(The 5 Minute Wrapup)

Apr 11, 2019

A must have checklist for every investor in the Indian stock market.

My Master Series on How to Trade Election 2019(Profit Hunter)

Apr 16, 2019

For 30 years he has watched how elections impact the markets, and practiced how to profit from it. Now he is here...telling you everything. Read on...

Election Series: Follow the World's Biggest Traders To See Where the Money Flows(The 5 Minute Wrapup)

Apr 17, 2019

20% of all the traders bring in 80% of the money. Watch these 20% and you get a working idea of which way the wind is blowing.

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

MARG LTD SHARE PRICE


Apr 24, 2019 03:37 PM

TRACK MARG LTD

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

COMPARE MARG LTD WITH

MARKET STATS