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.
ORACLE FINANCIAL SERVICES Announces Quarterly Results (2QFY19); Net Profit Up 3.0%

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?  

ORACLE FINANCIAL SERVICES Announces Quarterly Results (2QFY19); Net Profit Up 3.0%
Mon, 5 Nov

ORACLE FINANCIAL SERVICES has announced its results for the quarter ended September 2018. Here is a detailed performance review of the same:

ORACLE FINANCIAL SERVICES Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m11,89513,44912,133-9.8%2.0%
Other incomeRs m854814973.2%487.3%
TurnoverRs m11,98013,93012,629-9.3%5.4%
ExpensesRs m6,7597,2047,145-0.8%5.7%
Gross profitRs m5,1366,2454,988-20.1%-2.9%
DepreciationRs m158131125-5.0%-21.0%
InterestRs m0000.0%0.0%
Profit before taxRs m5,0636,5955,360-18.7%5.9%
TaxRs m1,6442,5761,839-28.6%11.9%
Profit after taxRs m3,4194,0193,520-12.4%3.0%
Gross profit margin%43.246.441.1
Effective tax rate%32.539.134.3
Net profit margin%28.528.827.9
* 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 grew 2.0% on a year-on-year (YoY) basis. The expenses were up by 5.7% YoY during the same period.
  • The company's operating profit declined by 2.9% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 41.1% in 2QFY19 as against 43.2% in 2QFY18.
  • Depreciation charges declined by 21.0% and finance costs increased by 0.0% YoY, respectively.
  • Other income increased by 487.3% YoY during the quarter.
  • Net profit for the quarter increased by 3.0% YoY. Net profit margins during the quarter declined from 28.5% in 2QFY18 to 27.9% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 9.8% on a quarter-on-quarter (QoQ) basis. The expenses were down by 0.8% QoQ during the same period.
  • The company's operating profit declined by 20.1% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 41.1% in 2QFY19 as against 46.4% in 1QFY18.
  • Net profit for the quarter declined by 12.4% QoQ, while net profit margins declined from 28.9% in 1QFY18 to 27.9% in 2QFY19.

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

ORACLE FINANCIAL SERVICES Share Price Performance

Over the last one year, ORACLE FINANCIAL SERVICES share price has moved up from Rs 3,540.9 to Rs 3,522.0, registering a Loss of Rs 18.9 or around 0.5%.

Meanwhile, the S&P BSE IT Index is trading at Rs 14,125.3 (up 0.3%). Over the last one year it has moved up from 10,383.0 to 14,125.3, a gain of 3,742 points (up 36.0%).

Overall, the S&P BSE SENSEX is up 4.0% over the year.

Current Valuations

At the current price of Rs 3,522.0, the price to earnings (P/E) ratio of ORACLE FINANCIAL SERVICES stands at 23.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 9.1 times.

Equitymaster requests your view! Post a comment on "ORACLE FINANCIAL SERVICES Announces Quarterly Results (2QFY19); Net Profit Up 3.0%". Click here!

  

Related Views on News

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.

ORACLE FINANCIAL SERVICES Announces Quarterly Results (1QFY19); Net Profit Up 8.7% (Quarterly Result Update)

Aug 16, 2018 | Updated on Aug 16, 2018

For the quarter ended June 2018, ORACLE FINANCIAL SERVICES has posted a net profit of Rs 4 bn (up 8.7% YoY). Sales on the other hand came in at Rs 13 bn (up 11.7% 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?

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

5 Fundamentally Strong Stocks to Pick for Trading Today(Profit Hunter)

Mar 15, 2019

5 fundamentally strong stocks one could buy to trade in this market right now. Make sure you grab the chance this strongly rallying market offers.

Elections Don't Matter!(The Honest Truth)

Mar 13, 2019

Ajit Dayal shows us why from the point of view of the Indian economy, elections don't matter.

Two Growth Stocks that Doubled in a Little Over 12 Months!(The 5 Minute Wrapup)

Mar 13, 2019

The elements that fueled profit growth for these two companies led to a surge in their stock prices.

My Top 3 Defence Stocks to Buy Now(The 5 Minute Wrapup)

Mar 19, 2019

The urgency to privatise India's defence sector to make India self-reliant was never as strong as it is today.

This Small Cap Stock Could Offer Triple Digit Gains from its Current Price(Profit Hunter)

Mar 19, 2019

If you are still waiting for signals, remember, there is no correct timing, only right time to Buy stocks. For select small caps, that time is now.

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

ORACLE FINANCIAL SHARE PRICE


Mar 22, 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 8-QTR ANALYSIS

COMPARE ORACLE FINANCIAL WITH

MARKET STATS