APTECH LTD Announces Quarterly Results (2QFY20); Net Profit Up 33.3%

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APTECH LTD Announces Quarterly Results (2QFY20); Net Profit Up 33.3%
Wed, 6 Nov

APTECH LTD has announced its results for the quarter ended September 2019. Here is a detailed performance review of the same:

APTECH LTD Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-18*
3
Jun-19*
3
Sep-19*
QoQ ChangeYoY Change
Net SalesRs m50651671538.7%41.2%
Other incomeRs m131312-5.6%-7.0%
TurnoverRs m51952872737.7%40.0%
ExpensesRs m38244753720.2%40.4%
Gross profitRs m12469179158.8%43.9%
DepreciationRs m283430-11.5%8.7%
InterestRs m03412.1%0.0%
Profit before taxRs m10944157253.2%43.5%
TaxRs m271447246.3%74.4%
Profit after taxRs m8231110256.2%33.3%
Gross profit margin%24.513.425.0
Effective tax rate%24.730.630.0
Net profit margin%15.95.815.1
* 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 41.2% on a year-on-year (YoY) basis. The expenses were up by 40.4% YoY during the same period.
  • The company's operating profit increased by 43.9% YoY during the quarter. Consequently, operating profit margins remained same and stood at 25.0% in 2QFY20.
  • Depreciation charges increased by 8.7% and finance costs increased by 0.0% YoY, respectively.
  • Other income declined by 7.0% YoY during the quarter.
  • Net profit for the quarter increased by 33.3% YoY. Net profit margins during the quarter declined from 15.9% in 2QFY19 to 15.1% in 2QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 38.7% on a quarter-on-quarter (QoQ) basis. The expenses were up by 20.2% QoQ during the same period.
  • The company's operating profit increased by 158.8% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 25.0% in 2QFY20 as against 13.4% in 1QFY19.
  • Net profit for the quarter increased by 256.2% QoQ, while net profit margins increased from 5.9% in 1QFY19 to 15.1% in 2QFY20.

To see how APTECH LTD has performed over the last eight quarters,please visit here.

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APTECH LTD Share Price Performance

Over the last one year,APTECH LTD share price has moved up from Rs 158.8 to Rs 176.9, registering a Gain of Rs 18.1 or around 11.4%.

Meanwhile, the S&P BSE IT Index is trading at Rs 15,311.2 (down 0.2%). Over the last one year it has moved up from 14,228.4 to 15,311.2, a gain of 1,083 points (up 7.6%).

Overall, the S&P BSE SENSEX is up 14.6% over the year.

Current Valuations

At the current price of Rs 176.9, the price to earnings (P/E) ratio of APTECH LTD stands at 42.1 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.1 times.

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APTECH LTD Announces Quarterly Results (1QFY20); Net Profit Down 13.5% (Quarterly Result Update)

Aug 7, 2019 | Updated on Aug 7, 2019

For the quarter ended June 2019, APTECH LTD has posted a net profit of Rs 31 m (down 13.5% YoY). Sales on the other hand came in at Rs 516 m (down 0.3% YoY). Read on for a complete analysis of APTECH LTD's quarterly results.

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