Sierra does well. - Views on News from Equitymaster

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

  • MyStocks


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) FY1999 FY2000 Change
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 share 12.42 16.97 37%

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


More Views on News

Sorry! There are no related views on news for this company/sector.

Most Popular

Why We Picked This Small-cap Stock for Our Hidden Treasure Subscribers (Profit Hunter)

Sep 17, 2020

This leading household brand will profit big time in a post covid world.

My Top Stock to Buy in this Market Selloff (Profit Hunter)

Sep 22, 2020

The recent correction offers a great opportunity to buy this high conviction smallcap stock.

Can the Nifty Fall to 10,200? (Fast Profits Daily)

Sep 24, 2020

The Nifty has reached an important support level today. If it breaks then we could see further downside.

What Do the Charts Say About Buying Smallcaps Now? (Fast Profits Daily)

Sep 18, 2020

Everyone seems to be excited about buying smallcaps now...but is it the right thing to do? What do the charts tell us? Find out in this video...


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


  • 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