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.
TI FINANCIAL HOLDINGS Announces Quarterly Results (4QFY18); Net Profit Down 38.5%

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?  

TI FINANCIAL HOLDINGS Announces Quarterly Results (4QFY18); Net Profit Down 38.5%
Thu, 19 Jul

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

TI FINANCIAL HOLDINGS Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-17*
3
Dec-17*
3
Mar-18*
QoQ ChangeYoY Change
Net SalesRs m11,68112,74212,328-3.2%5.5%
Other incomeRs m32711898-16.9%-70.1%
TurnoverRs m12,00912,86012,426-3.4%3.5%
ExpensesRs m10,85611,78911,393-3.4%4.9%
Gross profitRs m825953902-5.3%9.3%
DepreciationRs m342400381-4.6%11.4%
InterestRs m156152145-4.7%-7.1%
Profit before taxRs m655519474-8.7%-27.5%
TaxRs m-7115528-81.7%
Profit after taxRs m72536544622.4%-38.5%
Gross profit margin%7.17.57.3
Effective tax rate%-10.829.86.0
Net profit margin%6.02.83.6
* 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 5.5% on a year-on-year (YoY) basis. The expenses were up by 4.9% YoY during the same period.
  • The company's operating profit increased by 9.3% YoY during the quarter. Consequently, operating profit margins remained same and stood at 7.3% in 4QFY18.
  • Depreciation charges and finance costs increased by 11.4% YoY and 7.1% YoY, respectively.
  • Other income declined by 70.1% YoY during the quarter.
  • Net profit for the quarter declined by 38.5% YoY. Net profit margins during the quarter declined from 6.0% in 4QFY17 to 3.6% in 4QFY18.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 3.2% on a quarter-on-quarter (QoQ) basis. The expenses were down by 3.4% QoQ during the same period.
  • The company's operating profit declined by 5.3% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 7.3% in 4QFY18 as against 7.5% in 3QFY17.
  • Net profit for the quarter increased by 22.4% QoQ, while net profit margins increased from 2.8% in 3QFY17 to 3.6% in 4QFY18.

To see how TI FINANCIAL HOLDINGS has performed over the last eight quarters, please visit here.

TI FINANCIAL HOLDINGS Share Price Performance

Over the last one year, TI FINANCIAL HOLDINGS share price has moved up from Rs 508.2 to Rs 604.0, registering a Gain of Rs 95.8 or around 18.8%.

Overall, the S&P BSE SENSEX is down 0.1% over the year.

Current Valuations

At the current price of Rs 604.0, the price to earnings (P/E) ratio of TI FINANCIAL HOLDINGS stands at 63.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 4.1 times.

Equitymaster requests your view! Post a comment on "TI FINANCIAL HOLDINGS Announces Quarterly Results (4QFY18); Net Profit Down 38.5%". Click here!

  

Related Views on News

CreditAccess Grameen IPO: Should You Apply to this Interesting Microfinance Play? (IPO)

Aug 7, 2018

Should you apply to the IPO of CreditAccess Grameen Ltd?

HDFC AMC IPO: Do Valuations Leave Enough on Table for Investors? (IPO)

Jul 20, 2018

Should you subscribe to the IPO of HDFC AMC Ltd?

IndoStar Capital Finance IPO: Is This NBFC Worth Betting On? (IPO)

May 8, 2018

Should you apply for the IPO of IndoStar Capital Finance?

ICICI Securities IPO: Will the Brokerage Shine If Markets Don't? (IPO)

Mar 22, 2018

Is the IPO of one of India's first online brokerage firm, ICICI Securities, worth applying for?

Reliance Nippon Life Asset Management Company Ltd. (IPO)

Oct 24, 2017

Should you subscribe to the IPO of Reliance Nippon Life Asset Management Company Ltd?

More Views on News

Most Popular

These 3 Smallcap Stocks are Set to Make the Most of Smallcap Rebound(Profit Hunter)

Jul 9, 2019

As the sense of normalcy returns to the markets, the rebound in the quality smallcaps could be huge.

2 Stocks from Super Investor Sanjay Bakshi's Portfolio You Can Bet On...(The 5 Minute Wrapup)

Jul 12, 2019

Despite the current fear prevailing in the markets, both these stocks have the potential to deliver in 4-5 years.

After Disappointing Budget, Here's a Document that Concerns Largecap and Smallcap Investors(The 5 Minute Wrapup)

Jul 8, 2019

A new 'definition' of the stock universe that triggered the smallcap sell-off is back with the latest list...

The Electric Vehicle Disruption is Great News for this Smallcap Stock(Profit Hunter)

Jul 15, 2019

While big auto makers are finding the transition difficult and crying foul, this small cap company is already leading and benefitting from the electric vehicle disruption in the auto sector.

Budget an Icing on the Cake for This Smart Money Backed Affordable Housing Stock(The 5 Minute Wrapup)

Jul 10, 2019

Affordable housing is one of the most straightforward growth stories in India. This will help the real estate sector to come out of the slump.

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

CHOLAMANDALAM FINANCIAL HOLDINGS SHARE PRICE


Jul 19, 2019 (Close)

TRACK CHOLAMANDALAM FINANCIAL HOLDINGS

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

MORE ON CHOLAMANDALAM FINANCIAL HOLDINGS

CHOLAMANDALAM FINANCIAL HOLDINGS - HMT LTD. COMPARISON

COMPARE CHOLAMANDALAM FINANCIAL HOLDINGS WITH

MARKET STATS