ORACLE FINANCIAL Announces Quarterly Results (1QFY20); Net Profit Down 6.1%

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 21st October 2019, due to Assembly Elections in Maharashtra.

ORACLE FINANCIAL Announces Quarterly Results (1QFY20); Net Profit Down 6.1%
Thu, 8 Aug

ORACLE FINANCIAL has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

ORACLE FINANCIAL Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m13,44912,14912,7515.0%-5.2%
Other incomeRs m481613320-47.8%-33.5%
TurnoverRs m13,93012,76213,0712.4%-6.2%
ExpensesRs m7,2046,9316,563-5.3%-8.9%
Gross profitRs m6,2455,2196,18818.6%-0.9%
DepreciationRs m13116226563.6%102.0%
InterestRs m00270.0%0.0%
Profit before taxRs m6,5955,6706,2169.6%-5.7%
TaxRs m2,5762,4102,4421.4%-5.2%
Profit after taxRs m4,0193,2603,77415.8%-6.1%
Gross profit margin%46.443.048.5
Effective tax rate%39.142.539.3
Net profit margin%28.825.528.9
* 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 5.2% on a year-on-year (YoY) basis. The expenses were down by 8.9% YoY during the same period.
  • The company's operating profit declined by 0.9% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 48.5% in 1QFY20 as against 46.4% in 1QFY19.
  • Depreciation charges increased by 102.0% and finance costs increased by 0.0% YoY, respectively.
  • Other income declined by 33.5% YoY during the quarter.
  • Net profit for the quarter declined by 6.1% YoY. Net profit margins during the quarter increased from 28.8% in 1QFY19 to 28.9% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 5.0% on a quarter-on-quarter (QoQ) basis. The expenses were down by 5.3% QoQ during the same period.
  • The company's operating profit increased by 18.6% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 48.5% in 1QFY20 as against 43.0% in 4QFY19.
  • Net profit for the quarter increased by 15.8% QoQ, while net profit margins increased from 25.5% in 4QFY19 to 28.9% in 1QFY20.

To see how ORACLE FINANCIAL has performed over the last eight quarters,please visit here.

ORACLE FINANCIAL Share Price Performance

Over the last one year,ORACLE FINANCIAL share price has moved down from Rs 3,915.0 to Rs 3,197.6, registering a Loss of Rs 717.4 or around 18.3%.

Meanwhile, the S&P BSE IT Index is trading at Rs 15,850.3 (up 1.3%). Over the last one year it has moved up from 14,566.6 to 15,850.3, a gain of 1,284 points (up 8.8%).

Overall, the S&P BSE SENSEX is down 2.3% over the year.

Current Valuations

At the current price of Rs 3,197.6, the price to earnings (P/E) ratio of ORACLE FINANCIAL stands at 19.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 8.3 times.

Equitymaster requests your view! Post a comment on "ORACLE FINANCIAL Announces Quarterly Results (1QFY20); Net Profit Down 6.1%". Click here!

  

Related Views on News

ORACLE FINANCIAL Announces Quarterly Results (4QFY19); Net Profit Up 38.3% (Quarterly Result Update)

May 10, 2019 | Updated on May 10, 2019

For the quarter ended March 2019, ORACLE FINANCIAL has posted a net profit of Rs 3 bn (up 38.3% YoY). Sales on the other hand came in at Rs 12 bn (up 13.0% YoY). Read on for a complete analysis of ORACLE FINANCIAL's quarterly results.

ORACLE FINANCIAL SERVICES Announces Quarterly Results (3QFY19); Net Profit Up 5.6% (Quarterly Result Update)

Feb 25, 2019 | Updated on Feb 25, 2019

For the quarter ended December 2018, ORACLE FINANCIAL SERVICES has posted a net profit of Rs 3 bn (up 5.6% YoY). Sales on the other hand came in at Rs 12 bn (up 12.0% YoY). Read on for a complete analysis of ORACLE FINANCIAL SERVICES's quarterly results.

Newgen Software Technologies Ltd. (IPO)

Jan 15, 2018

Should you subscribe to the IPO of Newgen Software Ltd?

More Views on News

Most Popular

My 3 Best Small-cap Stocks to Get Rich in this Market Rebound(Profit Hunter)

Oct 14, 2019

This is once in a decade opportunity to make a killing from smallcap rebound.

Finally, Is the Share Price of Yes Bank Ready for a Rebound?(The 5 Minute Wrapup)

Oct 7, 2019

Here's what every individual investor must know about Yes Bank...

Two Stocks to Buy in the Great Indian Festival(Profit Hunter)

Oct 11, 2019

Discounts are not just limited to E-tailers. You can buy stocks at 50% off too. Here are two stocks to buy now.

The One Stock I Like in this Market(The 5 Minute Wrapup)

Oct 10, 2019

There are rare periods in markets when you get good quality stocks at attractive valuations. Is this one such period?

5 Smart Money Stocks to Profit from the Market Rebound(The 5 Minute Wrapup)

Oct 11, 2019

Now is the time to put money in these 5 stocks to take advantage of the recovery in the economy and the markets.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2020
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

ORACLE FINANCIAL SHARE PRICE


Oct 18, 2019 (Close)

TRACK ORACLE FINANCIAL

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

MORE ON ORACLE FINANCIAL

ORACLE FINANCIAL - CRANES SOFTWARE COMPARISON

COMPARE ORACLE FINANCIAL WITH

MARKET STATS