Satyam: Sustainability is the key - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

StockSelect
  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Satyam: Sustainability is the key

Apr 22, 2004

Satyam has announced its FY04 results, reporting strong YoY topline and bottomline growth of 26% and 21% respectively. However, for the fourth quarter ended March 2004, while revenues have grown sequentially by 9%, profits have witnessed a sequential decline of 3%. This decline in 4QFY04 profits has been due to a sharp drop in other income. Also, while operating margins for 4QFY04 have witnessed a marginal improvement, those for the full year period have declined by 330 basis points.

Financial performance: A snapshot
Rs m 3QFY04 4QFY04 Change FY03 FY04 Change
Sales 6,627 7,207 8.8% 20,237 25,415 25.6%
Other Income 285 50 -82.4% 279 817 193.5%
Expenditure 4,889 5,309 8.6% 14,051 18,490 31.6%
Operating Profit (EBDIT) 1,738 1,898 9.2% 6,185 6,926 12.0%
Operating Profit Margin (%) 26.2% 26.3%   30.6% 27.3%  
Interest 2 2 0.0% 7 8 4.2%
Depreciation 283 254 -10.1% 1,242 1,116 -10.1%
Profit before Tax 1,738 1,692 -2.6% 5,215 6,619 26.9%
Tax 279 284 1.7% 616 1,062 72.3%
Profit after Tax/(Loss) 1,459 1,408 -3.4% 4,599 5,558 20.9%
Net profit margin (%) 22.0% 19.5%   22.7% 21.9%  
No. of Shares 314.5 314.5   314.5 314.5  
Diluted Earnings per share* (Rs) 18.6 17.9   14.6 17.7  
P/E Ratio (x)         18.8  
(* annualised)            

To Read the Full Story, Subscribe or Sign In
To Read the Full Story, Subscribe or Sign In


Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

MAHINDRA SATYAM SHARE PRICE


Jul 3, 2013 (Close)

TRACK MAHINDRA SATYAM

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

MARKET STATS