KPIT TECHNOLOGIES Announces Quarterly Results (2QFY19); Net Profit Up 45.2%

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?  

KPIT TECHNOLOGIES Announces Quarterly Results (2QFY19); Net Profit Up 45.2%
Fri, 9 Nov

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

KPIT TECHNOLOGIES Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m9,16010,13810,7896.4%17.8%
Other incomeRs m11416270-56.8%-38.6%
TurnoverRs m9,27410,30010,8595.4%17.1%
ExpensesRs m8,2588,9109,3234.6%12.9%
Gross profitRs m9031,2281,46619.3%62.4%
DepreciationRs m19327036836.0%90.9%
InterestRs m2654575.6%118.5%
Profit before taxRs m7981,0661,1124.2%39.3%
TaxRs m195241235-2.3%20.7%
Profit after taxRs m6038268766.2%45.2%
Gross profit margin%9.912.113.6
Effective tax rate%24.422.621.2
Net profit margin%6.58.08.1
* 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 grew 17.8% on a year-on-year (YoY) basis. The expenses were up by 12.9% YoY during the same period.
  • The company's operating profit increased by 62.4% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 13.6% in 2QFY19 as against 9.9% in 2QFY18.
  • Depreciation charges increased by 90.9% and finance costs increased by 118.5% YoY, respectively.
  • Other income declined by 38.6% YoY during the quarter.
  • Net profit for the quarter increased by 45.2% YoY. Net profit margins during the quarter increased from 6.5% in 2QFY18 to 8.1% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 6.4% on a quarter-on-quarter (QoQ) basis. The expenses were up by 4.6% QoQ during the same period.
  • The company's operating profit increased by 19.3% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 13.6% in 2QFY19 as against 12.1% in 1QFY18.
  • Net profit for the quarter increased by 6.2% QoQ, while net profit margins increased from 8.0% in 1QFY18 to 8.1% in 2QFY19.

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

KPIT TECHNOLOGIES Share Price Performance

Over the last one year, KPIT TECHNOLOGIES share price has moved up from Rs 159.2 to Rs 214.6, registering a Gain of Rs 55.4 or around 34.8%.

Meanwhile, the S&P BSE IT Index is trading at Rs 14,167.6 (down 1.4%). Over the last one year it has moved up from 10,756.5 to 14,167.6, a gain of 3,411 points (up 31.7%).

Overall, the S&P BSE SENSEX is up 5.4% over the year.

Current Valuations

At the current price of Rs 214.6, the price to earnings (P/E) ratio of KPIT TECHNOLOGIES stands at 13.7 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.1 times.

Equitymaster requests your view! Post a comment on "KPIT TECHNOLOGIES Announces Quarterly Results (2QFY19); Net Profit Up 45.2%". Click here!

  

Related Views on News

BIRLASOFT Announces Quarterly Results (1QFY20); Net Profit Down 49.4% (Quarterly Result Update)

Aug 8, 2019 | Updated on Aug 8, 2019

For the quarter ended June 2019, BIRLASOFT has posted a net profit of Rs 418 m (down 49.4% YoY). Sales on the other hand came in at Rs 8 bn (down 23.3% YoY). Read on for a complete analysis of BIRLASOFT's quarterly results.

BIRLASOFT Announces Quarterly Results (4QFY19); Net Profit Down 13.8% (Quarterly Result Update)

May 27, 2019 | Updated on May 27, 2019

For the quarter ended March 2019, BIRLASOFT has posted a net profit of Rs 661 m (down 13.8% YoY). Sales on the other hand came in at Rs 8 bn (down 18.4% YoY). Read on for a complete analysis of BIRLASOFT's quarterly results.

BIRLASOFT 2017-18 Annual Report Analysis (Annual Result Update)

Mar 15, 2019 | Updated on Mar 15, 2019

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

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...

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?

Rebound Riches Could be Yours With These Stocks(Profit Hunter)

Oct 4, 2019

The secret to multibagger is not big businesses, but great managements... Here's how to find them to make the most of once in a decade rebound opportunity.

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

BIRLASOFT SHARE PRICE


Oct 16, 2019 (Close)

TRACK BIRLASOFT

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

BIRLASOFT 8-QTR ANALYSIS

COMPARE BIRLASOFT WITH

MARKET STATS