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.

Get Details: These 3 Stocks are the Dark Horses of the Stock Market

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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