Power packed performance by Polaris, Butů - 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?  

Power packed performance by Polaris, Butů

Jul 14, 2000

Most of you must be wondering why the But! Well, Polaris Software has indeed reported a YoY 125% growth in its net profits to Rs 110 m in 1QFY01 on a revenues of Rs 519 m. But compared to previous quarter (4QFY00), the company's profits declined by 3%. If one were to exclude the other income from the profits, the company has actually grown its profits by 17% to Rs 102 m.

(Rs m) 4QFY00 1QFY01 Change
Sales 463 519 12.2%
Other Income 27 9 -68.2%
Expenditure 366 403 10.1%
Operating Profit (EBDIT) 96 116 20.5%
Operating Profit Margin (%) 20.8% 22.4%  
Interest 0 0  
Depreciation 8 11 48.1%
Profit before Tax 116 113 -2.2%
Tax 2 3 68.7%
Profit after Tax/(Loss) 114 110 -3.3%
Net profit margin (%) 24.6% 21.2%  
No. of Shares (eoy) (m) 34.1 34.1  
Diluted number of shares 34.1 34.1  
Diluted Earnings per share* 13.4 12.9  

It has been able to improve its operating profit margins to 22.4% due to less than proportionate increase in the expenditure. But net profit margins declined to 21.2%(1QFY01 - 24.6%) because of higher interest cost and depreciation charge.

During the quarter e-commerce solutions have contributed around 24% to the revenues of the company. It is in the process of setting up subsidiaries in Australia, Germany and Switzerland

At the current market price of Rs 813, Polaris Software is available at a P/E of 63 times its 1QFY01 annualised earnings.

Equitymaster requests your view! Post a comment on "Power packed performance by Polaris, Butů". Click here!


More Views on News

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

Most Popular

How the 8-Year Cycle Can Help Identify Multibaggers (Fast Profits Daily)

Sep 11, 2020

This is how you can apply the greed and fear cycle in the market to pick stocks.

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.

This Could Be the Best September for Auto Stocks (Profit Hunter)

Sep 11, 2020

Here's why I think this month could be a great for auto stocks.

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


Jul 24, 2018 (Close)


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