HEXAWARE TECHNOLOGIES Announces Quarterly Results (4QFY19); Net Profit Up 3.1%

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?  

HEXAWARE TECHNOLOGIES Announces Quarterly Results (4QFY19); Net Profit Up 3.1%
Thu, 25 Apr

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

HEXAWARE TECHNOLOGIES Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m10,68512,27612,5582.3%17.5%
Other incomeRs m9304135.7%369.4%
TurnoverRs m10,69312,30612,5982.4%17.8%
ExpensesRs m8,86410,60810,7541.4%21.3%
Gross profitRs m1,8201,6691,8048.1%-0.9%
DepreciationRs m151158148-6.3%-2.0%
InterestRs m000-70.8%250.0%
Profit before taxRs m1,6781,5401,69710.2%1.1%
TaxRs m3363063122.1%-6.9%
Profit after taxRs m1,3421,2341,38412.1%3.1%
Gross profit margin%17.013.614.4
Effective tax rate%20.019.918.4
Net profit margin%12.610.011.0
* 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 17.5% on a year-on-year (YoY) basis. The expenses were up by 21.3% YoY during the same period.
  • The company's operating profit declined by 0.9% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 14.4% in 4QFY19 as against 17.0% in 4QFY18.
  • Depreciation charges declined by 2.0% and finance costs increased by 250.0% YoY, respectively.
  • Other income increased by 369.4% YoY during the quarter.
  • Net profit for the quarter increased by 3.1% YoY. Net profit margins during the quarter declined from 12.6% in 4QFY18 to 11.0% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 2.3% on a quarter-on-quarter (QoQ) basis. The expenses were up by 1.4% QoQ during the same period.
  • The company's operating profit increased by 8.1% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 14.4% in 4QFY19 as against 13.6% in 3QFY18.
  • Net profit for the quarter increased by 12.1% QoQ, while net profit margins increased from 10.0% in 3QFY18 to 11.0% in 4QFY19.

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

HEXAWARE TECHNOLOGIES Share Price Performance

Over the last one year, HEXAWARE TECHNOLOGIES share price has moved up from Rs 430.1 to Rs 342.5, registering a Loss of Rs 87.6 or around 20.4%.

Meanwhile, the S&P BSE IT Index is trading at Rs 15,854.2 (down 0.4%). Over the last one year it has moved up from 13,360.8 to 15,854.2, a gain of 2,493 points (up 18.7%).

Overall, the S&P BSE SENSEX is up 11.9% over the year.

Current Valuations

At the current price of Rs 342.5, the price to earnings (P/E) ratio of HEXAWARE TECHNOLOGIES stands at 17.5 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 4.3 times.

Equitymaster requests your view! Post a comment on "HEXAWARE TECHNOLOGIES Announces Quarterly Results (4QFY19); Net Profit Up 3.1%". Click here!

  

Related Views on News

HEXAWARE TECHNOLOGIES Announces Quarterly Results (2QFY20); Net Profit Up 6.6% (Quarterly Result Update)

Oct 25, 2019 | Updated on Oct 25, 2019

For the quarter ended September 2019, HEXAWARE TECHNOLOGIES has posted a net profit of Rs 2 bn (up 6.6% YoY). Sales on the other hand came in at Rs 15 bn (up 20.1% YoY). Read on for a complete analysis of HEXAWARE TECHNOLOGIES's quarterly results.

HEXAWARE TECHNOLOGIES Announces Quarterly Results (1QFY20); Net Profit Down 1.5% (Quarterly Result Update)

Aug 13, 2019 | Updated on Aug 13, 2019

For the quarter ended June 2019, HEXAWARE TECHNOLOGIES has posted a net profit of Rs 2 bn (down 1.5% YoY). Sales on the other hand came in at Rs 13 bn (up 15.1% YoY). Read on for a complete analysis of HEXAWARE TECHNOLOGIES's quarterly results.

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

Apr 2, 2019 | Updated on Apr 2, 2019

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

HEXAWARE TECHNOLOGIES 2016-17 Annual Report Analysis (Annual Result Update)

Mar 18, 2019 | Updated on Mar 18, 2019

Here's an analysis of the annual report of HEXAWARE TECHNOLOGIES for 2016-17. It includes a full income statement, balance sheet and cash flow analysis of HEXAWARE TECHNOLOGIES. Also includes updates on the valuation of HEXAWARE TECHNOLOGIES.

More Views on News

Most Popular

My Latest Stock Recommendation(Fast Profits Daily)

Jan 10, 2020

The story behind my latest stock recommendation and an important announcement.

Saffron Curtain = Hindutva Rate of Growth?(The Honest Truth)

Jan 8, 2020

Will the Indian economy revert to a sub-3% growth rate?

Bet on These Smallcap Stocks for Success in 2020(Profit Hunter)

Jan 14, 2020

The smallcap rebound finally seems to here... Make sure you aren't too late to make the most of the biggest wealth making opportunity in a decade.

Your Safe Income Options for 2020(Fast Profits Daily)

Jan 9, 2020

What are you safest investing options in 2020 when interest rates fall.

Guess Which Stocks Are Rising at Double the Speed of Sensex(Profit Hunter)

Jan 15, 2020

These stocks can move twice as fast as the Sensex - to take advantage of their money multiplying power get in now as the rally is still just taking shape.. read more to not miss out.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get our special report, Secret to Increasing Your Trading Profits Today Now!
We will never sell or rent your email id.
Please read our Terms

HEXAWARE TECHNOLOGIES SHARE PRICE


Jan 21, 2020 (Close)

TRACK HEXAWARE TECHNOLOGIES

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

MORE ON HEXAWARE TECHNOLOGIES

HEXAWARE TECHNOLOGIES 8-QTR ANALYSIS

COMPARE HEXAWARE TECHNOLOGIES WITH

MARKET STATS