ALLSEC TECHNOLOGIES Announces Quarterly Results (4QFY19); Net Profit Down 115.1%

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?  

ALLSEC TECHNOLOGIES Announces Quarterly Results (4QFY19); Net Profit Down 115.1%
Wed, 22 May

ALLSEC TECHNOLOGIES has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:

ALLSEC TECHNOLOGIES Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m6086316635.2%9.1%
Other incomeRs m32131938.1%-41.8%
TurnoverRs m6406446825.8%6.6%
ExpensesRs m509523513-1.9%0.7%
Gross profitRs m9810826-76.2%-73.9%
DepreciationRs m111414-1.4%25.9%
InterestRs m114288.9%337.5%
Profit before taxRs m11910727-74.6%-77.2%
TaxRs m-5324642.2%
Profit after taxRs m12474-19-125.1%-115.1%
Gross profit margin%16.217.13.9
Effective tax rate%-4.230.2169.0
Net profit margin%19.311.5-2.7
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 9.1% on a year-on-year (YoY) basis. The expenses were up by 0.7% YoY during the same period.
  • The company's operating profit declined by 73.9% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 3.9% in 4QFY19 as against 16.2% in 4QFY18.
  • Depreciation charges increased by 25.9% and finance costs increased by 337.5% YoY, respectively.
  • Other income declined by 41.8% YoY during the quarter.
  • Net profit for the quarter declined by 115.1% YoY. Net profit margins during the quarter declined from 19.3% in 4QFY18 to -2.7% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 5.2% on a quarter-on-quarter (QoQ) basis. The expenses were down by 1.9% QoQ during the same period.
  • The company's operating profit declined by 76.2% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 3.9% in 4QFY19 as against 17.1% in 3QFY18.
  • Net profit for the quarter declined by 125.1% QoQ, while net profit margins declined from 11.5% in 3QFY18 to -2.7% in 4QFY19.

To see how ALLSEC TECHNOLOGIES has performed over the last eight quarters, please visit here.

ALLSEC TECHNOLOGIES Share Price Performance

Over the last one year, ALLSEC TECHNOLOGIES share price has moved up from Rs 366.0 to Rs 308.9, registering a Loss of Rs 57.1 or around 15.6%.

Meanwhile, the S&P BSE IT Index is trading at Rs 15,271.5 (down 0.2%). Over the last one year it has moved up from 13,232.1 to 15,271.5, a gain of 2,039 points (up 15.4%).

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

Current Valuations

At the current price of Rs 308.9, the price to earnings (P/E) ratio of ALLSEC TECHNOLOGIES stands at 30.1 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.3 times.

Equitymaster requests your view! Post a comment on "ALLSEC TECHNOLOGIES Announces Quarterly Results (4QFY19); Net Profit Down 115.1%". Click here!

  

Related Views on News

ALLSEC TECHNOLOGIES Announces Quarterly Results (1QFY20); Net Profit Up 46.8% (Quarterly Result Update)

Jul 25, 2019 | Updated on Jul 25, 2019

For the quarter ended June 2019, ALLSEC TECHNOLOGIES has posted a net profit of Rs 119 m (up 46.8% YoY). Sales on the other hand came in at Rs 674 m (up 7.0% YoY). Read on for a complete analysis of ALLSEC TECHNOLOGIES's quarterly results.

ALLSEC TECHNOLOGIES 2017-18 Annual Report Analysis (Annual Result Update)

Mar 19, 2019 | Updated on Mar 19, 2019

Here's an analysis of the annual report of ALLSEC TECHNOLOGIES for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of ALLSEC TECHNOLOGIES. Also includes updates on the valuation of ALLSEC TECHNOLOGIES.

ALLSEC TEC Announces Quarterly Results (3QFY19); Net Profit Down 51.0% (Quarterly Result Update)

Feb 12, 2019 | Updated on Feb 12, 2019

For the quarter ended December 2018, ALLSEC TEC has posted a net profit of Rs 74 m (down 51.0% YoY). Sales on the other hand came in at Rs 631 m (down 28.9% YoY). Read on for a complete analysis of ALLSEC TEC's quarterly results.

Newgen Software Technologies Ltd. (IPO)

Jan 15, 2018

Should you subscribe to the IPO of Newgen Software Ltd?

More Views on News

Most Popular

My 3 Best Small-cap Stocks to Get Rich in this Market Rebound(Profit Hunter)

Oct 14, 2019

This is once in a decade opportunity to make a killing from smallcap rebound.

Finally, Is the Share Price of Yes Bank Ready for a Rebound?(The 5 Minute Wrapup)

Oct 7, 2019

Here's what every individual investor must know about Yes Bank...

What if Indiabulls Housing Finance and Yes Bank Do Not Rebound?(Profit Hunter)

Oct 1, 2019

How long should you wait for fallen blue chips like Yes Bank and Indiabulls Housing Finance to rebound?

The One Stock I Like in this Market(The 5 Minute Wrapup)

Oct 10, 2019

There are rare periods in markets when you get good quality stocks at attractive valuations. Is this one such period?

5 Smart Money Stocks to Profit from the Market Rebound(The 5 Minute Wrapup)

Oct 11, 2019

Now is the time to put money in these 5 stocks to take advantage of the recovery in the economy and the markets.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2020
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

ALLSEC TECHNOLOGIES SHARE PRICE


Oct 14, 2019 (Close)

TRACK ALLSEC TECHNOLOGIES

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

MORE ON ALLSEC TECHNOLOGIES

ALLSEC TECHNOLOGIES 8-QTR ANALYSIS

COMPARE ALLSEC TECHNOLOGIES WITH

MARKET STATS