AURIONPRO SOLN 2017-18 Annual Report Analysis

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?  

AURIONPRO SOLN 2017-18 Annual Report Analysis
Mon, 18 Mar

AURIONPRO SOLN has announced its results for the year ended March 2018. Let us have a look at the detailed performance review of the company during FY17-18.

AURIONPRO SOLN Income Statement Analysis

  • Operating income during the year fell 15.1% on a year-on-year (YoY) basis.
  • The company's operating profit increased by 73.9% YoY during the fiscal. Operating profit margins witnessed a fall and down at 19.1% in FY18 as against 9.3% in FY17.
  • Depreciation charges increased by 9.2% and finance costs decreased by 14.7% YoY, respectively.
  • Other income declined by 32.7% YoY.
  • Net profit for the year grew by 16.5% YoY.
  • Net profit margins during the year grew from 6.5% in FY17 to 8.9% in FY18.

AURIONPRO SOLN Income Statement 2017-18

No. of Mths Year Ending 12 Mar-17* 12 Mar-18* % Change
Net Sales Rs m 4,930 4,185 -15.1%
Other income Rs m 85 57 -32.7%
Total Revenues Rs m 5,014 4,242 -15.4%
Gross profit Rs m 459 799 73.9%
Depreciation Rs m 295 323 9.2%
Interest Rs m 164 140 -14.7%
Profit before tax Rs m 85 393 363.9%
Tax Rs m 36 15 -59.3%
Profit after tax Rs m 325 379 16.5%
Gross profit margin % 9.3 19.1
Effective tax rate % 42.0 3.7
Net profit margin % 6.5 8.9
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster



AURIONPRO SOLN Balance Sheet Analysis

  • The company's current liabilities during FY18 stood at Rs 3 billion as compared to Rs 2 billion in FY17, thereby witnessing an increase of 15.0%.
  • Long-term debt down at Rs 197 million as compared to Rs 330 million during FY17, a fall of 40.4%.
  • Current assets rose 70% and stood at Rs 4 billion, while fixed assets fell 32% and stood at Rs 2 billion in FY18.
  • Overall, the total assets and liabilities for FY18 stood at Rs 8 billion as against Rs 7 billion during FY17, thereby witnessing a growth of 20%.

AURIONPRO SOLN Balance Sheet as on March 2018

No. of Mths Year Ending 12 Mar-17* 12 Mar-18* % Change
Networth Rs m 3,237 4,095 26.5
 
Current Liabilities Rs m 2,476 2,848 15.0
Long-term Debt Rs m 330 197 -40.4
Total Liabilities Rs m 7,009 8,382 19.6
 
Current assets Rs m 2,582 4,400 70.4
Fixed Assets Rs m 3,265 2,226 -31.8
Total Assets Rs m 7,009 8,382 19.6
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster



AURIONPRO SOLN Cash Flow Statement Analysis

  • AURIONPRO SOLN's cash flow from operating activities (CFO) during FY18 stood at Rs 1 billion, an improvement of 20.7% on a YoY basis.
  • Cash flow from investing activities (CFI) during FY18 stood at Rs -78 million on a YoY basis.
  • Cash flow from financial activities (CFF) during FY18 stood at Rs -354 million, an improvement of 32% on a YoY basis.
  • Overall, net cash flows for the company during FY18 stood at Rs 890 million from the Rs 41 million net cash flows seen during FY17.

AURIONPRO SOLN Cash Flow Statement 2017-18

Particulars No. of months 12 12 % Change
Year Ending Mar-17 Mar-18
Cash Flow from Operating Activities Rs m 1,094 1,321 20.7%
Cash Flow from Investing Activities Rs m -513 -78 -
Cash Flow from Financing Activities Rs m -522 -354 -
Net Cash Flow Rs m 41 890 2,065.7%
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster



Current Valuations for AURIONPRO SOLN

  • The trailing twelve-month earnings per share (EPS) of the company stands at Rs 16.0, an improvement from the EPS of Rs 14.8 recorded last year.
  • The price to earnings (P/E) ratio, at the current price of Rs 136.6, stands at 4.3 times its trailing twelve months earnings.
  • The price to book value (P/BV) ratio at current price levels stands at 1.1 times, while the price to sales ratio stands at 1.1 times.
  • The company's price to cash flow (P/CF) ratio stood at 3.5 times its end-of-year operating cash flow earnings.

Per Share Data/Valuations

No. of Mths Year Ending 12 Mar-17* 12 Mar-18*
Sales per share (Unadj.) Rs 224.6 177.2
TTM Earnings per share Rs 14.8 16.0
Diluted earnings per share Rs 17.8 20.8
Price to Cash Flow x 4.8 3.5
TTM P/E ratio x 5.1 4.3
Price / Book Value ratio x 0.9 1.1
Market Cap Rs m 2,997 2,488
Dividends per share (Unadj.) Rs 1.0 2.0
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster



Ratio Analysis for AURIONPRO SOLN

  • Solvency Ratios
  • Current Ratio: The company's current ratio improved and stood at 1.5x during FY18, from 1.0x during FY17. The current ratio measures the company's ability to pay short-term and long-term obligations.

    Interest Coverage Ratio: The company's interest coverage ratio improved and stood at 3.8x during FY18, from 1.5x during FY17. The interest coverage ratio of a company states how easily a company can pay its interest expense on outstanding debt. A higher ratio is preferable.

  • Profitability Ratios
  • Return on Equity (ROE): The ROE for the company declined and down at 9.3% during FY18, from 10.0% during FY18. The ROE measures the ability of a firm to generate profits from its shareholders capital in the company.

    Return on Capital Employed (ROCE): The ROCE for the company declined and down at 12.4% during FY18, from 14.7% during FY17. The ROCE measures the ability of a firm to generate profits from its total capital (shareholder capital plus debt capital) employed in the company.

    Return on Assets (ROA): The ROA of the company declined and down at 6.2% during FY18, from 7.0% during FY17. The ROA measures how efficiently the company uses its assets to generate earnings.

Key Ratio Analysis

No. of Mths Year Ending 12 Mar-17* 12 Mar-18*
Current ratio x 1.0 1.5
Debtors’ Days Days 94 111
Interest coverage x 1.5 3.8
Debt to equity ratio x 0.1 0.0
Return on assets % 7.0 6.2
Return on equity % 10.0 9.3
Return on capital employed % 14.7 12.4
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster



To see how AURIONPRO SOLN has performed over the last 5 years, please visit here.

AURIONPRO SOLN Share Price Performance

Over the last one year, AURIONPRO SOLN share price has moved up from Rs 216.6 to Rs 136.6, registering a loss of Rs 80.0 or around 36.9%.

Meanwhile, the S&P BSE IT Index is trading at Rs 15,185.1 (up 0.2%). Over the last one year it has moved up from 12,317.8 to 15,185.1, a gain of 2,867 points (up 23.3%).

Overall, the S&P BSE SENSEX is up 13.1% over the year.

(To know more, check out historical annual results for AURIONPRO SOLN and quarterly results for AURIONPRO SOLN)

Equitymaster requests your view! Post a comment on "AURIONPRO SOLN 2017-18 Annual Report Analysis". Click here!

  

Related Views on News

AURIONPRO SOLN Announces Quarterly Results (3QFY20); Net Profit Down 60.9% (Quarterly Result Update)

Feb 14, 2020 | Updated on Feb 14, 2020

For the quarter ended December 2019, AURIONPRO SOLN has posted a net profit of Rs 59 m (down 60.9% YoY). Sales on the other hand came in at Rs 1 bn (down 3.1% YoY). Read on for a complete analysis of AURIONPRO SOLN's quarterly results.

AURIONPRO SOLN Announces Quarterly Results (1QFY20); Net Profit Down 20.3% (Quarterly Result Update)

Aug 13, 2019 | Updated on Aug 13, 2019

For the quarter ended June 2019, AURIONPRO SOLN has posted a net profit of Rs 101 m (down 20.3% YoY). Sales on the other hand came in at Rs 1 bn (down 2.4% YoY). Read on for a complete analysis of AURIONPRO SOLN's quarterly results.

More Views on News

Most Popular

6 Charts Showing the State of Indian Financial Markets in 2020(Sector Info)

May 26, 2020

Six charts showing how Indian financial markets have performed in 2020 so far...

This 'Essential Product' Smallcap is a Must Have for a 'Covid-19' Immune Portfolio(Profit Hunter)

May 19, 2020

This smallcap company needs no stimulus measures to do well in the long term.

What the RBI's Rate Cut Means for Options Traders(Fast Profits Daily)

May 25, 2020

The RBI governor has cut the repo rate to 4%. What does this mean for options traders? Find out in this video.

Which Stocks Should You Buy, Sell, and Hold in the Market Today?(Profit Hunter)

May 21, 2020

The coronavirus led uncertainty refuses to go away from the markets. Here's what retail investors should do with their stocks...

More

India's #1 Trader
Reveals His Secrets

The Secret to Increasing Your Trading Profits Today
Get this Special Report, The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

TRACK AURIONPRO SOLN

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

MORE ON AURIONPRO SOLN

AURIONPRO SOLN - KINGDEE INTER. COMPARISON

COMPARE AURIONPRO SOLN WITH

MARKET STATS