SONATA SOFTWARE Announces Quarterly Results (1QFY20); Net Profit Up 16.8%

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?  

SONATA SOFTWARE Announces Quarterly Results (1QFY20); Net Profit Up 16.8%
Thu, 8 Aug

SONATA SOFTWARE has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

SONATA SOFTWARE Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m6,8838,3568,7464.7%27.1%
Other incomeRs m7975168124.0%113.8%
TurnoverRs m6,9628,4308,9145.7%28.0%
ExpensesRs m6,1507,4717,8505.1%27.7%
Gross profitRs m7528938960.3%19.1%
DepreciationRs m294090123.2%208.6%
InterestRs m7738438.0%470.1%
Profit before taxRs m7959219361.7%17.8%
TaxRs m221268266-0.7%20.3%
Profit after taxRs m5746546712.6%16.8%
Gross profit margin%10.910.710.2
Effective tax rate%27.829.028.4
Net profit margin%8.27.87.5
* 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 27.1% on a year-on-year (YoY) basis. The expenses were up by 27.7% YoY during the same period.
  • The company's operating profit increased by 19.1% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 10.2% in 1QFY20 as against 10.9% in 1QFY19.
  • Depreciation charges increased by 208.6% and finance costs increased by 470.1% YoY, respectively.
  • Other income increased by 113.8% YoY during the quarter.
  • Net profit for the quarter increased by 16.8% YoY. Net profit margins during the quarter declined from 8.2% in 1QFY19 to 7.5% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 4.7% on a quarter-on-quarter (QoQ) basis. The expenses were up by 5.1% QoQ during the same period.
  • The company's operating profit declined by 0.3% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 10.2% in 1QFY20 as against 10.7% in 4QFY19.
  • Net profit for the quarter increased by 2.6% QoQ, while net profit margins declined from 7.8% in 4QFY19 to 7.5% in 1QFY20.

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

SONATA SOFTWARE Share Price Performance

Over the last one year,SONATA SOFTWARE share price has moved up from Rs 314.7 to Rs 322.9, registering a Gain of Rs 8.2 or around 2.6%.

Meanwhile, the S&P BSE IT Index is trading at Rs 15,942.9 (up 1.9%). Over the last one year it has moved up from 14,566.6 to 15,942.9, a gain of 1,376 points (up 9.4%).

Overall, the S&P BSE SENSEX is down 1.4% over the year.

Current Valuations

At the current price of Rs 322.9, the price to earnings (P/E) ratio of SONATA SOFTWARE stands at 13.1 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 4.4 times.

Equitymaster requests your view! Post a comment on "SONATA SOFTWARE Announces Quarterly Results (1QFY20); Net Profit Up 16.8%". Click here!

  

Related Views on News

SONATA SOFTWARE 2018-19 Annual Report Analysis (Annual Result Update)

Jul 18, 2019 | Updated on Jul 18, 2019

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

SONATA SOFTWARE Announces Quarterly Results (4QFY19); Net Profit Up 20.4% (Quarterly Result Update)

Jun 3, 2019 | Updated on Jun 3, 2019

For the quarter ended March 2019, SONATA SOFTWARE has posted a net profit of Rs 654 m (up 20.4% YoY). Sales on the other hand came in at Rs 8 bn (up 33.5% YoY). Read on for a complete analysis of SONATA SOFTWARE's quarterly results.

SONATA SOFTWARE Announces Quarterly Results (3QFY19); Net Profit Up 29.6% (Quarterly Result Update)

Feb 11, 2019 | Updated on Feb 11, 2019

For the quarter ended December 2018, SONATA SOFTWARE has posted a net profit of Rs 639 m (up 29.6% YoY). Sales on the other hand came in at Rs 8 bn (up 10.1% YoY). Read on for a complete analysis of SONATA SOFTWARE's quarterly results.

Newgen Software Technologies Ltd. (IPO)

Jan 15, 2018

Should you subscribe to the IPO of Newgen Software Ltd?

More Views on News

Most Popular

Buy these 7 Stocks if You Believe in India(The 5 Minute Wrapup)

Sep 12, 2019

News headlines predict gloom and doom for India these days. You should ignore them.

A Rare Opportunity to Buy the Top 5 Stocks in the Market(The 5 Minute Wrapup)

Sep 16, 2019

The stock market today is throwing up a great opportunity to pile on quality stocks.

A Recession Proof Stock You Can Bet On(Profit Hunter)

Sep 10, 2019

Usually, the typical horizon period for my smallcap recommendations is 3 to 5 years. But if you ask me, this could be one business that you could own and pass on to future generations.

This Company Will Do Well Despite the Slowdown(The 5 Minute Wrapup)

Sep 11, 2019

How financial inclusion provides a big runway for this stock recommendation.

The 5 Best Trading Opportunities I've Spotted(Profit Hunter)

Sep 13, 2019

These 10 auto stocks should be in your watchlist for the next 32 months. Paste them on your workstation NOW.

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

SONATA SOFTWARE SHARE PRICE


Sep 20, 2019 (Close)

TRACK SONATA SOFTWARE

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

MORE ON SONATA SOFTWARE

SONATA SOFTWARE 5-YR ANALYSIS

COMPARE SONATA SOFTWARE WITH

MARKET STATS