CYIENT Announces Quarterly Results (4QFY19); Net Profit Up 45.0%

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?  

CYIENT Announces Quarterly Results (4QFY19); Net Profit Up 45.0%
Tue, 30 Apr

CYIENT has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:

CYIENT Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m10,61811,87711,629-2.1%9.5%
Other incomeRs m439187789321.9%79.7%
TurnoverRs m11,05712,06412,4182.9%12.3%
ExpensesRs m9,19810,1359,963-1.7%8.3%
Gross profitRs m1,4221,3681,63119.2%14.7%
DepreciationRs m257280261-6.8%1.6%
InterestRs m578583-2.4%45.6%
Profit before taxRs m1,5471,1902,07674.5%34.2%
TaxRs m33526631819.5%-5.1%
Profit after taxRs m1,2129241,75890.3%45.0%
Gross profit margin%13.411.514.0
Effective tax rate%21.722.415.3
Net profit margin%11.07.714.2
* 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 9.5% on a year-on-year (YoY) basis. The expenses were up by 8.3% YoY during the same period.
  • The company's operating profit increased by 14.7% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 14.0% in 4QFY19 as against 13.4% in 4QFY18.
  • Depreciation charges increased by 1.6% and finance costs increased by 45.6% YoY, respectively.
  • Other income increased by 79.7% YoY during the quarter.
  • Net profit for the quarter increased by 45.0% YoY. Net profit margins during the quarter increased from 11.0% in 4QFY18 to 14.2% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 2.1% on a quarter-on-quarter (QoQ) basis. The expenses were down by 1.7% QoQ during the same period.
  • The company's operating profit increased by 19.2% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 14.0% in 4QFY19 as against 11.5% in 3QFY18.
  • Net profit for the quarter increased by 90.3% QoQ, while net profit margins increased from 7.7% in 3QFY18 to 14.2% in 4QFY19.

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

CYIENT Share Price Performance

Over the last one year, CYIENT share price has moved up from Rs 763.2 to Rs 582.2, registering a Loss of Rs 181.0 or around 23.7%.

Meanwhile, the S&P BSE IT Index is trading at Rs 16,148.4 (up 0.6%). Over the last one year it has moved up from 13,567.7 to 16,148.4, a gain of 2,581 points (up 19.0%).

Overall, the S&P BSE SENSEX is up 11.8% over the year.

Current Valuations

At the current price of Rs 582.2, the price to earnings (P/E) ratio of CYIENT stands at 13.7 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.8 times.

Equitymaster requests your view! Post a comment on "CYIENT Announces Quarterly Results (4QFY19); Net Profit Up 45.0%". Click here!

  

Related Views on News

CYIENT Announces Quarterly Results (1QFY20); Net Profit Up 10.2% (Quarterly Result Update)

Oct 18, 2019 | Updated on Oct 18, 2019

For the quarter ended June 2019, CYIENT has posted a net profit of Rs 899 m (up 10.2% YoY). Sales on the other hand came in at Rs 11 bn (up 0.8% YoY). Read on for a complete analysis of CYIENT's quarterly results.

CYIENT 2018-19 Annual Report Analysis (Annual Result Update)

May 21, 2019 | Updated on May 21, 2019

Here's an analysis of the annual report of CYIENT for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of CYIENT. Also includes updates on the valuation of CYIENT.

CYIENT LTD Announces Quarterly Results (3QFY19); Net Profit Down 14.4% (Quarterly Result Update)

Jan 21, 2019 | Updated on Jan 21, 2019

For the quarter ended December 2018, CYIENT LTD has posted a net profit of Rs 924 m (down 14.4% YoY). Sales on the other hand came in at Rs 12 bn (up 20.8% YoY). Read on for a complete analysis of CYIENT LTD's quarterly results.

CYIENT LTD 2017-18 Annual Report Analysis (Annual Result Update)

Aug 21, 2018 | Updated on Aug 21, 2018

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

Newgen Software Technologies Ltd. (IPO)

Jan 15, 2018

Should you subscribe to the IPO of Newgen Software Ltd?

More Views on News

Most Popular

Could this Smallcap Be the Next Page Industries?(Profit Hunter)

Nov 27, 2019

A single stock - Coca Cola, made Buffett billions. Here's your chance to break into the crorepati club with a single smallcap stock investment.

A Simple, 7-Step Checklist for Your Trading Success

Dec 4, 2019

What we can learn from one of the greatest traders to have ever lived.

Growth Stocks or Value Stocks... What Will Make You More Money in this Bull Market?(Profit Hunter)

Nov 28, 2019

Should you invest in growth stocks or value stocks to make strong returns in this market?

The Best Trading Strategy for Fast Profits

Nov 29, 2019

Vijay and I have decided to team up and bring you a unique offering never seen before in the Indian stock markets.

This PSU Turned into a Rare 100 Bagger. Others May Follow.(The 5 Minute Wrapup)

Nov 27, 2019

The lowest hanging fruit for government to raise capital would be to sell off stakes in non-critical PSUs.

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

CYIENT SHARE PRICE


Dec 10, 2019 (Close)

TRACK CYIENT

COMPARE CYIENT WITH

MARKET STATS