SASKEN TECHNOLOGIES Announces Quarterly Results (4QFY19); Net Profit Up 5.7%

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 6th April, 2020 on account of Mahavir Jayanti.

SASKEN TECHNOLOGIES Announces Quarterly Results (4QFY19); Net Profit Up 5.7%
Thu, 25 Apr

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

SASKEN TECHNOLOGIES Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m1,2871,2141,35511.6%5.3%
Other incomeRs m989110818.6%10.4%
TurnoverRs m1,3851,3051,46312.1%5.6%
ExpensesRs m1,0721,0881,1112.2%3.6%
Gross profitRs m21512724493.2%13.6%
DepreciationRs m15161813.3%19.3%
InterestRs m0000.0%0.0%
Profit before taxRs m29820133465.9%12.2%
TaxRs m382160188.2%57.4%
Profit after taxRs m26018127551.9%5.7%
Gross profit margin%16.710.418.0
Effective tax rate%12.710.317.8
Net profit margin%18.813.818.8
* 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 5.3% on a year-on-year (YoY) basis. The expenses were up by 3.6% YoY during the same period.
  • The company's operating profit increased by 13.6% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 18.0% in 4QFY19 as against 16.7% in 4QFY18.
  • Depreciation charges increased by 19.3% and finance costs increased by 0.0% YoY, respectively.
  • Other income increased by 10.4% YoY during the quarter.
  • Net profit for the quarter increased by 5.7% YoY. Net profit margins during the quarter increased from 18.8% in 4QFY18 to 18.8% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 11.6% on a quarter-on-quarter (QoQ) basis. The expenses were up by 2.2% QoQ during the same period.
  • The company's operating profit increased by 93.2% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 18.0% in 4QFY19 as against 10.4% in 3QFY18.
  • Net profit for the quarter increased by 51.9% QoQ, while net profit margins increased from 13.9% in 3QFY18 to 18.8% in 4QFY19.

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

SASKEN TECHNOLOGIES Share Price Performance

Over the last one year, SASKEN TECHNOLOGIES share price has moved up from Rs 864.4 to Rs 757.3, registering a Loss of Rs 107.2 or around 12.4%.

Meanwhile, the S&P BSE IT Index is trading at Rs 15,854.2 (down 0.4%). Over the last one year it has moved up from 13,360.8 to 15,854.2, a gain of 2,493 points (up 18.7%).

Overall, the S&P BSE SENSEX is up 11.9% over the year.

Current Valuations

At the current price of Rs 757.3, the price to earnings (P/E) ratio of SASKEN TECHNOLOGIES stands at 23.1 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.4 times.

Equitymaster requests your view! Post a comment on "SASKEN TECHNOLOGIES Announces Quarterly Results (4QFY19); Net Profit Up 5.7%". Click here!

  

Related Views on News

SASKEN TECHNOLOGIES Announces Quarterly Results (3QFY20); Net Profit Up 29.8% (Quarterly Result Update)

Jan 22, 2020 | Updated on Jan 22, 2020

For the quarter ended December 2019, SASKEN TECHNOLOGIES has posted a net profit of Rs 235 m (up 29.8% YoY). Sales on the other hand came in at Rs 1 bn (down 2.0% YoY). Read on for a complete analysis of SASKEN TECHNOLOGIES's quarterly results.

SASKEN TECHNOLOGIES Announces Quarterly Results (1QFY20); Net Profit Down 17.2% (Quarterly Result Update)

Jul 22, 2019 | Updated on Jul 22, 2019

For the quarter ended June 2019, SASKEN TECHNOLOGIES has posted a net profit of Rs 232 m (down 17.2% YoY). Sales on the other hand came in at Rs 1 bn (up 0.3% YoY). Read on for a complete analysis of SASKEN TECHNOLOGIES's quarterly results.

SASKEN TECHNOLOGIES 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 SASKEN TECHNOLOGIES for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of SASKEN TECHNOLOGIES. Also includes updates on the valuation of SASKEN TECHNOLOGIES.

More Views on News

Most Popular

Sorry Warren Buffett, I'm Following This Man Instead of You in 2020(The 5 Minute Wrapup)

Mar 30, 2020

This man warned of an impending market correction while everyone else was celebrating the renewed optimism in early 2020...

The Biggest Trading Opportunity of 2020 is Here...

Mar 26, 2020

India's #1 trader, Vijay Bhambwani, talks about a hugely profitable trading opportunity which you must know about today!

A Big Trading Opportunity is Coming Your Way Soon(Fast Profits Daily)

Mar 25, 2020

I see a big opportunity to make fast profits on the horizon.

Coronavirus Sell-off Is a Perfect Time to 'Lockdown' this 'Crorepati' Stock(Profit Hunter)

Mar 24, 2020

Coronavirus crisis and panic selling has brought this quality smallcap to multiyear lows, making it a great bargain.

Lockdown! Now the Bailout...(The Honest Truth)

Mar 25, 2020

Ajit Dayal on what India should do to manage the coronavirus impact on the economy.

More

How to Trade the
Coronavirus Crash

Coronavirus Crash
Get this special report, authored by Equitymaster's top analysts, now.
We will never sell or rent your email id.
Please read our Terms

SASKEN TECHNOLOGIES SHARE PRICE


Apr 3, 2020 (Close)

TRACK SASKEN TECHNOLOGIES

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

MORE ON SASKEN TECHNOLOGIES

SASKEN TECHNOLOGIES 8-QTR ANALYSIS

COMPARE SASKEN TECHNOLOGIES WITH

MARKET STATS