Sierra does well. - Views on News from Equitymaster

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?  

Sierra does well.

Apr 24, 2000

Sierra Optima Limited is a software company that is basically engaged in e-business solutions.It develops integrated solutions using the internet as a platform.The company came out with an issue in 1995 .The two most noteworthy features relating to the company are that it has achieved a 33% increase in net profits despite providing for additional depreciation of Rs 12.77 m as a consequence of following the accelerated method of depreciation increasing it from 33% to 40%.

The second commendable feature is that as opposed to projections in the offer document for the year 2000 of net sales of 86 m, profit after tax of 38 m and earnings per share of 11.59, the company achieved respective figures of 203 m, profit after tax of 55 m and eps of 16.70.

Thus an extremely bright future lies ahead of the company as it has shown a tendency to outperform.

(Rs m)FY1999FY2000Change
Sales 152 203 34%
Other Income 1 2 100%
Expenditure 100 120 20%
Operating Profit (EBDIT) 52 83 60%
Operating Profit Margin (%)34.2%40.9% 
Interest 1 1 0%
Depreciation 11 28 155%
Profit before Tax 41 56 37%
Other Adjustments -  
Tax - -  
Profit after Tax/(Loss) 41 56 37%
Net profit margin (%)27.0%27.6%
Earnings per share12.42 16.97 37%

Equitymaster requests your view! Post a comment on "Sierra does well.". Click here!

  

More Views on News

If You had Invested Rs 1 Lakh in TCS in 2011, this is how Much You Would have Today (Views On News)

Nov 30, 2021

Did TCS perform better than the market and its peers?

India's Top 4 IT Companies are Struggling. Here's Why... (Views On News)

Oct 22, 2021

As attrition rates are unbelievably high, top Indian IT companies are going for big-ticket raises, and much more hiring this year.

Infosys had an Exceptional Quarter Buoyed by Huge Deal Wins. Revenue Guidance Boosts Stock (Views On News)

Oct 14, 2021

Infosys raised its forecast for annual revenue growth to 16.5-17.5% from the earlier 14-16%, predicted in July 2021.

Info Edge: The Anatomy of an Indian Internet Behemoth (Views On News)

Oct 2, 2021

Info Edge is very popular in the Indian startup ecosystem due to its active participation in funding events.

This Indian Company is Tapping into the Huge Autonomous Driving Opportunity (Views On News)

Sep 14, 2021

Despite many challenges, Indian companies and startups have not shied away from entering this space.

More Views on News

Most Popular

Infosys vs TCS: Which is Better? (Views On News)

Nov 26, 2021

In the post pandemic era, the top two IT companies in India are fighting to capture the growing demand for IT.

This Multibagger Stock Zooms 20% After Dolly Khanna Buys Stake (Views On News)

Nov 24, 2021

Shares of this edible oil company zoomed over 50% in three days after ace investor bought around 1% stake.

6 Popular Stocks that Turned into Penny Stocks (Views On News)

Nov 27, 2021

A look at popular stocks that crashed big time and never recovered, i.e. which went from 'Multibaggers to Multibeggers'.

India's Top 5 Monopoly Stocks to Watch Out for (Views On News)

Nov 30, 2021

These 5 companies dominate their sectors with a huge piece of the pie.

5 Indian Companies Embracing Blockchain Technology (Views On News)

Nov 23, 2021

Blockchain adoption in India was slow in the past. Now, the technology is being well received.

More

Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

TRACK SIERRA OPTIMA

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

MARKET STATS