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.
PERSISTENT SYSTEMS Announces Quarterly Results (4QFY18); Net Profit Up 1.3%

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?  

PERSISTENT SYSTEMS Announces Quarterly Results (4QFY18); Net Profit Up 1.3%
Fri, 20 Jul

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

PERSISTENT SYSTEMS Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-17*
3
Dec-17*
3
Mar-18*
QoQ ChangeYoY Change
Net SalesRs m7,2717,9197,525-5.0%3.5%
Other incomeRs m14319332166.5%123.9%
TurnoverRs m7,4148,1127,846-3.3%5.8%
ExpensesRs m5,9696,5446,442-1.6%7.9%
Gross profitRs m1,1881,3751,084-21.2%-8.7%
DepreciationRs m3943934217.2%6.8%
InterestRs m000128.6%88.2%
Profit before taxRs m9371,175983-16.3%5.0%
TaxRs m209258246-4.7%18.2%
Profit after taxRs m728917737-19.6%1.3%
Gross profit margin%16.317.414.4
Effective tax rate%22.322.025.1
Net profit margin%9.811.39.4
* 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 3.5% on a year-on-year (YoY) basis. The expenses were up by 7.9% YoY during the same period.
  • The company's operating profit declined by 8.7% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 14.4% in 4QFY18 as against 16.3% in 4QFY17.
  • Depreciation charges and finance costs increased by 6.8% YoY and 88.2% YoY, respectively.
  • Other income increased by 123.9% YoY during the quarter.
  • Net profit for the quarter increased by 1.3% YoY. Net profit margins during the quarter declined from 9.8% in 4QFY17 to 9.4% in 4QFY18.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 5.0% on a quarter-on-quarter (QoQ) basis. The expenses were down by 1.6% QoQ during the same period.
  • The company's operating profit declined by 21.2% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 14.4% in 4QFY18 as against 17.4% in 3QFY17.
  • Net profit for the quarter declined by 19.6% QoQ, while net profit margins declined from 11.3% in 3QFY17 to 9.4% in 4QFY18.

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

PERSISTENT SYSTEMS Share Price Performance

Over the last one year, PERSISTENT SYSTEMS share price has moved up from Rs 657.1 to Rs 834.4, registering a Gain of Rs 177.4 or around 27.0%.

Meanwhile, the S&P BSE IT Index is trading at Rs 14,607.6 (up 1.8%). Over the last one year it has moved up from 10,154.0 to 14,607.6, a gain of 4,453.6 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 834.4, the price to earnings (P/E) ratio of PERSISTENT SYSTEMS stands at 20.7 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 "PERSISTENT SYSTEMS Announces Quarterly Results (4QFY18); Net Profit Up 1.3%". Click here!

  

Related Views on News

PERSISTENT SYSTEMS Announces Quarterly Results (3QFY19); Net Profit Up 0.1% (Quarterly Result Update)

Jan 30, 2019 | Updated on Jan 30, 2019

For the quarter ended December 2018, PERSISTENT SYSTEMS has posted a net profit of Rs 917 m (up 0.1% YoY). Sales on the other hand came in at Rs 9 bn (up 9.1% YoY). Read on for a complete analysis of PERSISTENT SYSTEMS's quarterly results.

PERSISTENT SYSTEMS Announces Quarterly Results (2QFY19); Net Profit Up 6.7% (Quarterly Result Update)

Oct 23, 2018 | Updated on Oct 23, 2018

For the quarter ended September 2018, PERSISTENT SYSTEMS has posted a net profit of Rs 881 m (up 6.7% YoY). Sales on the other hand came in at Rs 8 bn (up 9.8% YoY). Read on for a complete analysis of PERSISTENT SYSTEMS'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

Are You Ready for the Big Nifty Move in the March Expiry?(Profit Hunter)

Mar 8, 2019

History suggests the Nifty could make a big move in March. Are you prepared to benefit from this opportunity?

Smallcaps Are Rallying and You Need to Make the Most of It Now(Profit Hunter)

Mar 7, 2019

Did you just miss the smallcap rally? Or is there still time to catch up? Read on for answers and more...

The One Sector to Bet on Today as India Grows into a 10 Trillion Dollar Economy(The 5 Minute Wrapup)

Mar 7, 2019

India's defence sector is suddenly under the spotlight. Can this sector ride along India's long-term growth story?

Is it the Right Time to Buy Mid and Small Caps Now?(The 5 Minute Wrapup)

Mar 6, 2019

Mid and Small Caps have underperformed large caps in the past year. Is the tide about to turn?

The Jet Airways Crisis in 6 Charts(Sector Info)

Mar 5, 2019

What happened to Jet Airways, once among top 3 airlines in India? Is it another Kingfisher in the making? Read on...

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

PERSISTENT SYSTEMS SHARE PRICE


Mar 18, 2019 (Close)

TRACK PERSISTENT SYSTEMS

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

MORE ON PERSISTENT SYSTEMS

PERSISTENT SYSTEMS 8-QTR ANALYSIS

COMPARE PERSISTENT SYSTEMS WITH

MARKET STATS