By , CNBC-TV18
Every time we go into earnings season, a lot of people do a valuation check, see where the stocks were trading, how their profits panned out over the last few quarters and where they would go going forward. We looked at a couple of stocks that showed interesting turnaround in their operating profits, net sales over the last quarter or so and are actually trading at prices around the January levels or slightly below the January levels when the last earning season was, on account of the huge sell off seen in the Indian market. Prices of stocks which had performed well in Q3 are currently well below what they were in the previous earnings season.
Lloyd Metals ’ Q3 net sales are at Rs 91.47 crore versus Rs 63.3 crore in Q2. Q3 PAT is at Rs 7.8 crore versus a loss of Rs 2.5 crore in Q2. Q3 operating profit is at Rs 14.7 crore versus Rs 8 crore in Q2. The 30-day average price during last result season was at Rs 116.10. Monday’s closing price was at Rs 66.20.
SpiceJet ’s Q3 net sales are at Rs 408.5 crore versus Rs 222.6 crore in Q2. Q3 PAT is at Rs 9.3 crore versus a loss of Rs 37.7 crore in Q2. Q3 operating profit is at Rs 12 crore versus a loss of Rs 33.7 crore in Q2. The 30-day average price during last result season was at Rs 82.40. Monday’s closing price was at Rs 39.20.
EIH Hotels ’ Q3 net sales are at Rs 58.6 crore versus Rs 29 crore in Q2. Q3 PAT is at Rs 11.3 crore versus a loss of Rs 1.96 crore in Q2. Q3 operating profit is at Rs 25.6 crore versus Rs 6.47 crore in Q2. The 30-day average price during last result season was at Rs 172.80. Monday’s closing price was at Rs 159.80.
Milkfood ’s Q3 net sales are at Rs 102.1 crore versus Rs 45.4 crore in Q2. Q3 PAT is at Rs 4.7 crore versus a loss of Rs 1.3 crore in Q2. It has played catch-up and there is definitely some value. The stock is positive after two successive quarters of losses. The 30-day average price during last result season was at Rs 407.80. Monday’s closing price was at Rs 397.80.
Whirlpool India’s Q3 net sales are at Rs 480.3 crore versus Rs 337.4 crore in Q2. Q3 PAT is at Rs 8.4 crore versus a loss of Rs 7.5 crore in Q2. Q3 operating profit is at Rs 23.7 crore versus Rs 5.9 crore in Q2. The 30-day average price during last result season was at Rs 46.13. Monday’s closing price was at Rs 46.50.
