SOBHA LIMITED Announces Quarterly Results (3QFY19); Net Profit Up 30.7%

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?  

SOBHA LIMITED Announces Quarterly Results (3QFY19); Net Profit Up 30.7%
Wed, 13 Feb

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

SOBHA LIMITED Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m6,9196,7007,87917.6%13.9%
Other incomeRs m8562198219.4%132.9%
TurnoverRs m7,0046,7628,07719.4%15.3%
ExpensesRs m5,5445,1856,28921.3%13.4%
Gross profitRs m1,3751,5151,5905.0%15.6%
DepreciationRs m1371541614.5%17.5%
InterestRs m498532531-0.2%6.6%
Profit before taxRs m8258911,09623.0%32.8%
TaxRs m29127739843.7%36.8%
Profit after taxRs m53461469813.7%30.7%
Gross profit margin%19.922.620.2
Effective tax rate%35.331.136.3
Net profit margin%7.69.18.6
* 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 grew 13.9% on a year-on-year (YoY) basis. The expenses were up by 13.4% YoY during the same period.
  • The company's operating profit increased by 15.6% YoY during the quarter. Consequently, operating profit margins remained same and stood at 20.2% in 3QFY19.
  • Depreciation charges increased by 17.5% and finance costs increased by 6.6% YoY, respectively.
  • Other income increased by 132.9% YoY during the quarter.
  • Net profit for the quarter increased by 30.7% YoY. Net profit margins during the quarter increased from 7.6% in 3QFY18 to 8.6% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 17.6% on a quarter-on-quarter (QoQ) basis. The expenses were up by 21.3% QoQ during the same period.
  • The company's operating profit declined by 5.0% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 20.2% in 3QFY19 as against 22.6% in 2QFY18.
  • Net profit for the quarter increased by 13.7% QoQ, while net profit margins declined from 9.1% in 2QFY18 to 8.6% in 3QFY19.

To see how SOBHA LIMITED has performed over the last eight quarters, please visit here.

SOBHA LIMITED Share Price Performance

Over the last one year, SOBHA LIMITED share price has moved up from Rs 560.7 to Rs 473.0, registering a Loss of Rs 87.7 or around 15.6%.

Meanwhile, the S&P BSE REALTY Index is trading at Rs 1,745.6 (up 0.9%). Over the last one year it has moved down from 2,518.0 to 1,745.6, a gain of 772 points (down 30.7%).

Overall, the S&P BSE SENSEX is up 5.7% over the year.

Current Valuations

At the current price of Rs 473.0, the price to earnings (P/E) ratio of SOBHA LIMITED stands at 18.6 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.7 times.

Equitymaster requests your view! Post a comment on "SOBHA LIMITED Announces Quarterly Results (3QFY19); Net Profit Up 30.7%". Click here!

  

Related Views on News

SOBHA LIMITED Announces Quarterly Results (3QFY20); Net Profit Up 4.9% (Quarterly Result Update)

Feb 3, 2020 | Updated on Feb 3, 2020

For the quarter ended December 2019, SOBHA LIMITED has posted a net profit of Rs 732 m (up 4.9% YoY). Sales on the other hand came in at Rs 9 bn (up 12.1% YoY). Read on for a complete analysis of SOBHA LIMITED's quarterly results.

SOBHA LIMITED Announces Quarterly Results (2QFY20); Net Profit Up 9.1% (Quarterly Result Update)

Nov 12, 2019 | Updated on Nov 12, 2019

For the quarter ended September 2019, SOBHA LIMITED has posted a net profit of Rs 670 m (up 9.1% YoY). Sales on the other hand came in at Rs 8 bn (up 17.0% YoY). Read on for a complete analysis of SOBHA LIMITED's quarterly results.

SOBHA LIMITED 2018-19 Annual Report Analysis (Annual Result Update)

Jul 18, 2019 | Updated on Jul 18, 2019

Here's an analysis of the annual report of SOBHA LIMITED for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of SOBHA LIMITED. Also includes updates on the valuation of SOBHA LIMITED.

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

Sep 17, 2018

Should you subscribe to the IPO of IRCON International Ltd?

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...

This 'Essential Product' Smallcap is a Must Have for a 'Covid-19' Immune Portfolio(Profit Hunter)

May 19, 2020

This smallcap company needs no stimulus measures to do well in the long term.

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.

Which Stocks Should You Buy, Sell, and Hold in the Market Today?(Profit Hunter)

May 21, 2020

The coronavirus led uncertainty refuses to go away from the markets. Here's what retail investors should do with their stocks...

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

SOBHA LIMITED SHARE PRICE


Jun 1, 2020 (Close)

TRACK SOBHA LIMITED

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

SOBHA LIMITED - SIMPLEX INFRA COMPARISON

COMPARE SOBHA LIMITED WITH

MARKET STATS