SUBEX LTD 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.
No. of Mths Year Ending | 12 Mar-17* | 12 Mar-18* | % Change | |
---|---|---|---|---|
Net Sales | Rs m | 3,573 | 3,243 | -9.2% |
Other income | Rs m | 115 | 14 | -87.9% |
Total Revenues | Rs m | 3,689 | 3,257 | -11.7% |
Gross profit | Rs m | 891 | 343 | -61.5% |
Depreciation | Rs m | 50 | 52 | 4.4% |
Interest | Rs m | 204 | 78 | -62.0% |
Profit before tax | Rs m | 753 | 228 | -69.8% |
Tax | Rs m | 96 | 137 | 42.9% |
Profit after tax | Rs m | -432 | 207 | -147.8% |
Gross profit margin | % | 24.9 | 10.6 | |
Effective tax rate | % | 12.8 | 60.4 | |
Net profit margin | % | -11.7 | 6.3 |
No. of Mths Year Ending | 12 Mar-17* | 12 Mar-18* | % Change | |
---|---|---|---|---|
Networth | Rs m | 6,841 | 7,795 | 13.9 |
Current Liabilities | Rs m | 2,696 | 1,072 | -60.3 |
Long-term Debt | Rs m | 0 | 0 | 0.0 |
Total Liabilities | Rs m | 9,567 | 8,977 | -6.2 |
Current assets | Rs m | 2,495 | 1,852 | -25.8 |
Fixed Assets | Rs m | 92 | 72 | -22.1 |
Total Assets | Rs m | 9,567 | 8,977 | -6.2 |
Particulars | No. of months | 12 | 12 | % Change |
---|---|---|---|---|
Year Ending | Mar-17 | Mar-18 | ||
Cash Flow from Operating Activities | Rs m | 539 | 537 | -0.5% |
Cash Flow from Investing Activities | Rs m | -70 | -35 | - |
Cash Flow from Financing Activities | Rs m | -549 | -908 | - |
Net Cash Flow | Rs m | -121 | -438 | - |
No. of Mths Year Ending | 12 Mar-17* | 12 Mar-18* | |
---|---|---|---|
Sales per share (Unadj.) | Rs | 7.0 | 5.8 |
TTM Earnings per share | Rs | -0.9 | 0.4 |
Diluted earnings per share | Rs | -2.5 | 1.2 |
Price to Cash Flow | x | -7.9 | 4.0 |
TTM P/E ratio | x | 11.1 | 3.7 |
Price / Book Value ratio | x | 0.8 | 0.7 |
Market Cap | Rs m | 3,036 | 1,022 |
Dividends per share (Unadj.) | Rs | 0.0 | 0.0 |
Current Ratio: The company's current ratio improved and stood at 1.7x during FY18, from 0.9x 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 deteriorated and stood at 3.9x during FY18, from 4.7x 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.
Return on Equity (ROE): The ROE for the company improved and stood at 2.7% during FY18, from -6.3% 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 improved and stood at 5.4% during FY18, from -1.9% 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 improved and stood at 3.2% during FY18, from -2.4% during FY17. The ROA measures how efficiently the company uses its assets to generate earnings.
No. of Mths Year Ending | 12 Mar-17* | 12 Mar-18* | |
---|---|---|---|
Current ratio | x | 0.9 | 1.7 |
Debtors’ Days | Days | 121 | 105 |
Interest coverage | x | 4.7 | 3.9 |
Debt to equity ratio | x | 0.0 | 0.0 |
Return on assets | % | -2.4 | 3.2 |
Return on equity | % | -6.3 | 2.7 |
Return on capital employed | % | -1.9 | 5.4 |
To see how SUBEX LTD has performed over the last 5 years, please visit here.
Over the last one year, SUBEX LTD share price has moved up from Rs 8.4 to Rs 6.0, registering a loss of Rs 2.4 or around 28.9%.
Meanwhile, the S&P BSE IT Index is trading at Rs 15,039.7 (up 1.0%). Over the last one year it has moved up from 12,411.3 to 15,039.7, a gain of 2,628 points (up 21.2%).
Overall, the S&P BSE SENSEX is up 12.3% over the year.
(To know more, check out historical annual results for SUBEX LTD and quarterly results for SUBEX LTD)
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For the quarter ended June 2019, SUBEX LTD has posted a net profit of Rs 53 m (up 33.7% YoY). Sales on the other hand came in at Rs 790 m (up 4.0% YoY). Read on for a complete analysis of SUBEX LTD's quarterly results.
For the quarter ended March 2019, SUBEX LTD has posted a net profit of Rs 129 m (down 14.2% YoY). Sales on the other hand came in at Rs 1 bn (up 26.3% YoY). Read on for a complete analysis of SUBEX LTD's quarterly results.
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