CRANES SOFTWARE Announces Quarterly Results (4QFY18); Net Profit Up 218.4%

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?  

CRANES SOFTWARE Announces Quarterly Results (4QFY18); Net Profit Up 218.4%
Wed, 13 Jun

CRANES SOFTWARE has announced its results for the quarter ended March 2018. Here is a detailed performance review of the same:

CRANES SOFTWARE Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-17*
3
Dec-17*
3
Mar-18*
QoQ ChangeYoY Change
Net SalesRs m8242216-26.2%-98.0%
Other incomeRs m171211826.2%19.9%
TurnoverRs m841233758.9%-95.6%
ExpensesRs m811125906624.6%11.6%
Gross profitRs m1317-889-5439.9%-6754.9%
DepreciationRs m7222-0.6%-97.8%
InterestRs m3153-1-148.5%-100.4%
Profit before taxRs m-35613-869-6593.1%
TaxRs m-1041-67-13170.6%
Profit after taxRs m-25213-802-6332.5%
Gross profit margin%1.674.9-5,414.7
Effective tax rate%29.33.87.7
Net profit margin%-29.955.2-2,166.1
* 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 fell 98.0% on a year-on-year (YoY) basis. The expenses were up by 11.6% YoY during the same period.
  • The company's operating profit declined by 6754.9% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 5414.7% in 4QFY18 as against 1.6% in 4QFY17.
  • Depreciation charges and finance costs declined by 97.8% YoY and 100.4% YoY, respectively.
  • Other income increased by 19.9% YoY during the quarter.
  • Net profit for the quarter increased by 218.4% YoY. Net profit margins during the quarter declined from -29.9% in 4QFY17 to 2166.1% in 4QFY18.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 26.2% on a quarter-on-quarter (QoQ) basis. The expenses were up by 624.6% QoQ during the same period.
  • The company's operating profit increased by 5439.9% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 5414.7% in 4QFY18 as against 74.9% in 3QFY17.
  • Net profit for the quarter declined by 6332.5% QoQ, while net profit margins declined from 56.5% in 3QFY17 to 2166.1% in 4QFY18.

To see how CRANES SOFTWARE has performed over the last eight quarters, please visit here.

CRANES SOFTWARE Share Price Performance

Over the last one year, CRANES SOFTWARE share price has moved up from Rs 1.0 to Rs 2.0, registering a Gain of Rs 1.0 or around 96.0%.

Meanwhile, the S&P BSE IT Index is trading at Rs 13,815.0 (up 1.1%). Over the last one year it has moved up from 10,040.7 to 13,815.0, a gain of 3,774.3 points (up 37.6%).

Overall, the S&P BSE SENSEX is up 0.4% over the year.

Current Valuations

At the current price of Rs 2.0, the price to earnings (P/E) ratio of CRANES SOFTWARE stands at NM times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at -0.2 times.

Equitymaster requests your view! Post a comment on "CRANES SOFTWARE Announces Quarterly Results (4QFY18); Net Profit Up 218.4%". Click here!

1 Responses to "CRANES SOFTWARE Announces Quarterly Results (4QFY18); Net Profit Up 218.4%"

Ajesh

Oct 22, 2019

Equitymaster requests your view! Post a comment on "CG POWER & INDUSTRIAL SOLUTIONS LTD 2017-18 Annual Report Analysis". Click

Like 
  
Equitymaster requests your view! Post a comment on "CRANES SOFTWARE Announces Quarterly Results (4QFY18); Net Profit Up 218.4%". Click here!

Related Views on News

CRANES SOFTWARE Announces Quarterly Results (4QFY19); Net Profit Up 6.6% (Quarterly Result Update)

Jun 13, 2019 | Updated on Jun 13, 2019

For the quarter ended March 2019, CRANES SOFTWARE has posted a net profit of Rs 749 m (up 6.6% YoY). Sales on the other hand came in at Rs 20 m (up 18.9% YoY). Read on for a complete analysis of CRANES SOFTWARE's quarterly results.

CRANES SOFTWARE Announces Quarterly Results (3QFY19); Net Profit Down 904.9% (Quarterly Result Update)

Feb 22, 2019 | Updated on Feb 22, 2019

For the quarter ended December 2018, CRANES SOFTWARE has posted a net profit of Rs 104 m (down 904.9% YoY). Sales on the other hand came in at Rs 24 m (up 8.8% YoY). Read on for a complete analysis of CRANES SOFTWARE's quarterly results.

More Views on News

Most Popular

Sorry Warren Buffett, I'm Following This Man Instead of You in 2020(The 5 Minute Wrapup)

Mar 30, 2020

This man warned of an impending market correction while everyone else was celebrating the renewed optimism in early 2020...

A Big Trading Opportunity is Coming Your Way Soon(Fast Profits Daily)

Mar 25, 2020

I see a big opportunity to make fast profits on the horizon.

The Biggest Trading Opportunity of 2020 is Here...

Mar 26, 2020

India's #1 trader, Vijay Bhambwani, talks about a hugely profitable trading opportunity which you must know about today!

Coronavirus Sell-off Is a Perfect Time to 'Lockdown' this 'Crorepati' Stock(Profit Hunter)

Mar 24, 2020

Coronavirus crisis and panic selling has brought this quality smallcap to multiyear lows, making it a great bargain.

Lockdown! Now the Bailout...(The Honest Truth)

Mar 25, 2020

Ajit Dayal on what India should do to manage the coronavirus impact on the economy.

More

How to Trade the
Coronavirus Crash

Coronavirus Crash
Get this special report, authored by Equitymaster's top analysts, now.
We will never sell or rent your email id.
Please read our Terms

CRANES SOFTWARE SHARE PRICE


Apr 3, 2020 10:29 AM

TRACK CRANES SOFTWARE

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

MORE ON CRANES SOFTWARE

CRANES SOFTWARE - CHINASOFT COMPARISON

COMPARE CRANES SOFTWARE WITH

MARKET STATS