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 (3QFY19); Net Profit Down 42.9%

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 (3QFY19); Net Profit Down 42.9%
Wed, 30 Jan

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

SUBEX LTD Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m864881823-6.6%-4.8%
Other incomeRs m32358.8%-3.6%
TurnoverRs m867882826-6.4%-4.8%
ExpensesRs m7227297604.3%5.2%
Gross profitRs m14215263-58.6%-55.7%
DepreciationRs m161212-4.9%-25.2%
InterestRs m285517.4%-80.9%
Profit before taxRs m10113749-64.5%-52.0%
TaxRs m657428-62.0%-57.0%
Profit after taxRs m366321-67.4%-42.9%
Gross profit margin%16.417.27.6
Effective tax rate%64.353.957.6
Net profit margin%4.27.22.5
* 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 fell 4.8% on a year-on-year (YoY) basis. The expenses were up by 5.2% YoY during the same period.
  • The company's operating profit declined by 55.7% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 7.6% in 3QFY19 as against 16.4% in 3QFY18.
  • Depreciation charges declined by 25.2% and finance costs declined by 80.9% YoY, respectively.
  • Other income declined by 3.6% YoY during the quarter.
  • Net profit for the quarter declined by 42.9% YoY. Net profit margins during the quarter declined from 4.2% in 3QFY18 to 2.5% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 6.6% on a quarter-on-quarter (QoQ) basis. The expenses were up by 4.3% QoQ during the same period.
  • The company's operating profit declined by 58.6% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 7.6% in 3QFY19 as against 17.2% in 2QFY18.
  • Net profit for the quarter declined by 67.4% QoQ, while net profit margins declined from 7.1% in 2QFY18 to 2.5% in 3QFY19.

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 10.0 to Rs 6.9, registering a Loss of Rs 3.1 or around 31.2%.

Meanwhile, the S&P BSE IT Index is trading at Rs 14,908.3 (down 0.2%). Over the last one year it has moved up from 12,697.3 to 14,908.3, a gain of 2,211 points (up 17.4%).

Overall, the S&P BSE SENSEX is down 1.9% over the year.

Current Valuations

At the current price of Rs 6.9, the price to earnings (P/E) ratio of SUBEX LTD stands at 4.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.2 times.

Equitymaster requests your view! Post a comment on "SUBEX LTD Announces Quarterly Results (3QFY19); Net Profit Down 42.9%". 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 (2QFY19); Net Profit Up 107.6% (Quarterly Result Update)

Nov 12, 2018 | Updated on Nov 12, 2018

For the quarter ended September 2018, SUBEX LTD has posted a net profit of Rs 63 m (up 107.6% YoY). Sales on the other hand came in at Rs 881 m (up 8.6% 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

My Top 7 Stocks to Profit from Sensex 100,000(The 5 Minute Wrapup)

May 16, 2019

Tanushree Banerjee explains everything you need to know about the Rebirth of India and Sensex 100,000.

3 Stocks to Bet on to Become a 'Dividend Millionaire'(Profit Hunter)

May 14, 2019

As markets continue to rattle amid earning season, upcoming elections, volatile crude price and US China trade war, it's a great idea to add some stability to your portfolio by adding dividend stocks.

Indian Steel: The Perfect Multibagger Opportunity(Profit Hunter)

May 17, 2019

A structurally strong Indian Steel Industry will help India achieve 8%+ GDP growth in the coming years.

What Makes TVS Srichakra and CCL Products a Cut Above the Rest?(The 5 Minute Wrapup)

May 17, 2019

Despite the commodity nature of their businesses, these two stocks have rewarded shareholders well.

The Bitter Pill that Will Lay the Foundation for Sensex 100,000(The 5 Minute Wrapup)

May 14, 2019

These companies will help the Sensex more than double from current levels.

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


May 24, 2019 03:33 PM

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

COMPARE SUBEX LTD WITH

MARKET STATS