Housing Development and Infrastructure LIMITED - RESULTS FOR THE SECOND QUARTER ENDED SEP'2017 - Q2-FY 2017-18

Housing Development and Infrastructure LIMITED

RESULTS FOR THE

SECOND QUARTER ENDED SEP'2017

Q2-FY 2017-18

The results of HOUSING DEVELOPMENT AND INFRASTRUCTURE Limited for the second quarter ended Sep'2017 are placed here under.


In the current quarter,   Net Sales have COME DOWN by 25% YoY and Net Profits have gone up by 64 %. PE on annualised basis stands at 11.11.

Declaration : This does not constitute a Buy/Sell/Hold Recommendation.

HDIL	Sep '17	Jun '17	Mar '17	Dec '16	Sep '16	YOY
Net Sales	161.52	85.82	129.51	109.32	214.88	-24.83
Other Operating Income	--	--	2.58	3.1	3.66
Total Income	161.52	85.82	132.09	112.42	218.54	-26.09
EXPENDITURE
Raw Materials	98.58	113.31	798.63	139.43	120.55	-18.22
Increase in Stocks	-52.69	-149.32	-844.27	-202.36	-69.65	-24.35
Employees Cost	7.88	9.38	7.79	9.32	10.92	-27.84
Depreciation	1.73	1.78	1.76	1.86	1.91	-9.42
Other Expenses	5.35	13.51	13.37	10.66	12.89	-58.49
P/L Before Other Inc., Int., Excpt. Items & Tax	100.67	97.16	154.81	153.51	141.92	-29.07
Other Income	1.55	3.83	21.28	4.02	4.71	-67.09
P/L Before Int., Excpt. Items & Tax	102.22	100.99	176.09	157.53	146.63	-30.29
Interest	85.85	92.46	100.3	104.26	109.08	-21.3
P/L Before Tax	16.37	8.53	75.79	53.27	37.55	-56.4
Tax	0.32	1	14.91	37.05	0.54	-40.74
Net Profit	60.87	7.53	60.88	16.22	37.01	64.47
Minority Interest	--	--	--	0.01	0.02
Net P/L After M.I & Associates	60.87	7.53	60.88	16.23	37.03	64.38
Equity	434	434	434	434	434	0
Basic EPS	1.4	--	1.4	0.93	0.86	62.79
Diluted EPS	1.4	--	1.4	0.93	0.86	62.79
MP	62.25
PE	11.11