X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
FIRSTSOURCE SOL. Announces Quarterly Results (4QFY18); Net Profit Up 43.1%

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?  

Markets will remain closed on 19th April, 2019 on account of Good Friday.

FIRSTSOURCE SOL. Announces Quarterly Results (4QFY18); Net Profit Up 43.1%
Fri, 20 Jul

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

FIRSTSOURCE SOL. Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-17*
3
Dec-17*
3
Mar-18*
QoQ ChangeYoY Change
Net SalesRs m8,9238,8728,9731.1%0.6%
Other incomeRs m-526-26-197.7%
TurnoverRs m8,9198,8988,9470.6%0.3%
ExpensesRs m7,9337,7117,648-0.8%-3.6%
Gross profitRs m9901,1611,32514.1%33.8%
DepreciationRs m1101721720.3%56.0%
InterestRs m11410489-14.3%-22.1%
Profit before taxRs m7619121,03813.8%36.4%
TaxRs m112-84109-2.3%
Profit after taxRs m649996929-6.7%43.1%
Gross profit margin%11.113.114.8
Effective tax rate%14.7-9.210.5
Net profit margin%7.311.210.4
* 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 0.6% on a year-on-year (YoY) basis. The expenses were down by 3.6% YoY during the same period.
  • The company's operating profit increased by 33.8% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 14.8% in 4QFY18 as against 11.1% in 4QFY17.
  • Depreciation charges and finance costs increased by 56.0% YoY and 22.1% YoY, respectively.
  • Other income increased by 466.7% YoY during the quarter.
  • Net profit for the quarter increased by 43.1% YoY. Net profit margins during the quarter increased from 7.3% in 4QFY17 to 10.4% in 4QFY18.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 1.1% on a quarter-on-quarter (QoQ) basis. The expenses were down by 0.8% QoQ during the same period.
  • The company's operating profit increased by 14.1% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 14.8% in 4QFY18 as against 13.1% in 3QFY17.
  • Net profit for the quarter declined by 6.7% QoQ, while net profit margins declined from 11.2% in 3QFY17 to 10.4% in 4QFY18.

To see how FIRSTSOURCE SOL. has performed over the last eight quarters, please visit here.

FIRSTSOURCE SOL. Share Price Performance

Over the last one year, FIRSTSOURCE SOL. share price has moved up from Rs 32.9 to Rs 71.1, registering a Gain of Rs 38.2 or around 116.0%.

Meanwhile, the S&P BSE IT Index is trading at Rs 14,610.3 (up 1.8%). Over the last one year it has moved up from 10,154.0 to 14,610.3, a gain of 4,456.3 points (up 43.9%).

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

Current Valuations

At the current price of Rs 71.1, the price to earnings (P/E) ratio of FIRSTSOURCE SOL. stands at 14.5 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.0 times.

Equitymaster requests your view! Post a comment on "FIRSTSOURCE SOL. Announces Quarterly Results (4QFY18); Net Profit Up 43.1%". Click here!

  

Related Views on News

FIRSTSOURCE SOL. 2017-18 Annual Report Analysis (Annual Result Update)

Mar 18, 2019 | Updated on Mar 18, 2019

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

FIRSTSOURCE SOL. Announces Quarterly Results (3QFY19); Net Profit Down 1.4% (Quarterly Result Update)

Feb 5, 2019 | Updated on Feb 5, 2019

For the quarter ended December 2018, FIRSTSOURCE SOL. has posted a net profit of Rs 981 m (down 1.4% YoY). Sales on the other hand came in at Rs 10 bn (up 11.0% YoY). Read on for a complete analysis of FIRSTSOURCE SOL.'s quarterly results.

FIRSTSOURCE SOL. Announces Quarterly Results (2QFY19); Net Profit Up 35.0% (Quarterly Result Update)

Nov 5, 2018 | Updated on Nov 5, 2018

For the quarter ended September 2018, FIRSTSOURCE SOL. has posted a net profit of Rs 928 m (up 35.0% YoY). Sales on the other hand came in at Rs 10 bn (up 9.4% YoY). Read on for a complete analysis of FIRSTSOURCE SOL.'s quarterly results.

Newgen Software Technologies Ltd. (IPO)

Jan 15, 2018

Should you subscribe to the IPO of Newgen Software Ltd?

Ankit Shah's First Five Insider Recommendations (The 5 Minute Wrapup)

Aug 5, 2017

How to get exclusive insider recommendations from Ankit Shah.

More Views on News

Most Popular

Stocks that Could Be Out of Reach Post Elections(The 5 Minute Wrapup)

Apr 9, 2019

It's a matter of time before the stocks catch the fancy of the markets and big investors.

3 Indian Stocks with Amazon-Like Potential(Profit Hunter)

Apr 10, 2019

We have identified 3 stocks with huge wealth building potential which meet our 'Click of a Button' criteria.

This Company is Making a Big Comeback and You Can Now Profit from Its Example(The 5 Minute Wrapup)

Apr 10, 2019

How Dell got its mojo back.

This is Why the Stock of Jubilant FoodWorks Went Up 1,160%(The 5 Minute Wrapup)

Apr 12, 2019

This critical business strategy has enabled companies to scale their operations faster.

Pocketing Massive Gains with HDFC And HDFC Bank(Profit Hunter)

Apr 12, 2019

Here's how one could have generated gains of Rs 59,250 in 10 days by trading HDFC and HDFC Bank with a capital of Rs 4 lakh.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

FIRSTSOURCE SOL. SHARE PRICE


Apr 18, 2019 (Close)

TRACK FIRSTSOURCE SOL.

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

MORE ON FIRSTSOURCE SOL.

FIRSTSOURCE SOL. - HEXAWARE TECHNOLOGIES COMPARISON

COMPARE FIRSTSOURCE SOL. WITH

MARKET STATS