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.
SUBEX LTD Announces Quarterly Results (1QFY19); Net Profit Down 491.1%

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?  

SUBEX LTD Announces Quarterly Results (1QFY19); Net Profit Down 491.1%
Fri, 3 Aug

SUBEX LTD has announced its results for the quarter ended June 2018. Here is a detailed performance review of the same:

SUBEX LTD Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-17*
3
Mar-18*
3
Jun-18*
QoQ ChangeYoY Change
Net SalesRs m762807759-5.9%-0.4%
Other incomeRs m642-54.1%-71.2%
TurnoverRs m768810761-6.1%-0.9%
ExpensesRs m717725662-8.7%-7.8%
Gross profitRs m4519998-50.8%118.3%
DepreciationRs m1310113.9%-17.7%
InterestRs m23666.9%-72.4%
Profit before taxRs m1518682-55.7%445.7%
TaxRs m25364320.2%70.2%
Profit after taxRs m-1015040-73.7%
Gross profit margin%5.924.612.9
Effective tax rate%166.919.252.1
Net profit margin%-1.318.65.2
* 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 fell 0.4% on a year-on-year (YoY) basis. The expenses were down by 7.8% YoY during the same period.
  • The company's operating profit increased by 118.3% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 12.9% in 1QFY19 as against 5.9% in 1QFY18.
  • Depreciation charges and finance costs declined by 17.7% YoY and 72.4% YoY, respectively.
  • Other income declined by 71.2% YoY during the quarter.
  • Net profit for the quarter declined by 491.1% YoY. Net profit margins during the quarter increased from -1.3% in 1QFY18 to 5.2% in 1QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 5.9% on a quarter-on-quarter (QoQ) basis. The expenses were down by 8.7% QoQ during the same period.
  • The company's operating profit declined by 50.8% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 12.9% in 1QFY19 as against 24.6% in 4QFY18.
  • Net profit for the quarter declined by 73.7% QoQ, while net profit margins declined from 18.5% in 4QFY18 to 5.2% in 1QFY19.

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

SUBEX LTD Share Price Performance

Over the last one year, SUBEX LTD share price has moved up from Rs 9.1 to Rs 5.5, registering a Loss of Rs 3.6 or around 39.3%.

Meanwhile, the S&P BSE IT Index is trading at Rs 14,604.4 (up 0.7%). Over the last one year it has moved up from 10,309.6 to 14,604.4, a gain of 4,295 points (up 41.7%).

Overall, the S&P BSE SENSEX is up 1.1% over the year.

Current Valuations

At the current price of Rs 5.5, the price to earnings (P/E) ratio of SUBEX LTD stands at 3.7 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.1 times.

Equitymaster requests your view! Post a comment on "SUBEX LTD Announces Quarterly Results (1QFY19); Net Profit Down 491.1%". Click here!

  

Related Views on News

SUBEX LTD Announces Quarterly Results (4QFY19); Net Profit Down 14.2% (Quarterly Result Update)

May 15, 2019 | Updated on May 15, 2019

For the quarter ended March 2019, SUBEX LTD has posted a net profit of Rs 129 m (down 14.2% YoY). Sales on the other hand came in at Rs 1 bn (up 26.3% YoY). Read on for a complete analysis of SUBEX LTD's quarterly results.

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

SUBEX LTD Announces Quarterly Results (3QFY19); Net Profit Down 42.9% (Quarterly Result Update)

Jan 30, 2019 | Updated on Jan 30, 2019

For the quarter ended December 2018, SUBEX LTD has posted a net profit of Rs 21 m (down 42.9% YoY). Sales on the other hand came in at Rs 823 m (down 4.8% YoY). Read on for a complete analysis of SUBEX LTD'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

I Believe this is the Best Stock to Buy Today(Profit Hunter)

Jul 3, 2019

The languishing small cap space is currently offering a very fertile market to pick up bargains at very attractive prices. This is a perfect opportunity ripe for the picking.

This Smallcap Stock could be the next Page Industries(Profit Hunter)

Jul 2, 2019

The smallcap rebound is taking longer to play out...and that's good news as it gives you more of action time and opportunities to invest in.

The Indian Rating Agency Cleanup Has Begun and this Cheap Stock Could be the Best Bet(The 5 Minute Wrapup)

Jul 2, 2019

The last time this big rating agency was as cheap and out-of-favour as it is today, the stock had corrected by 40% in six months.

2 Stocks from Super Investor Sanjay Bakshi's Portfolio You Can Bet On...(The 5 Minute Wrapup)

Jul 12, 2019

Despite the current fear prevailing in the markets, both these stocks have the potential to deliver in 4-5 years.

After Disappointing Budget, Here's a Document that Concerns Largecap and Smallcap Investors(The 5 Minute Wrapup)

Jul 8, 2019

A new 'definition' of the stock universe that triggered the smallcap sell-off is back with the latest list...

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

SUBEX LTD SHARE PRICE


Jul 15, 2019 (Close)

TRACK SUBEX LTD

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

SUBEX LTD - KINGDEE INTER. COMPARISON

COMPARE SUBEX LTD WITH

MARKET STATS