TAKE SOLUTIONS Announces Quarterly Results (1QFY20); Net Profit Down 14.9%

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?  

TAKE SOLUTIONS Announces Quarterly Results (1QFY20); Net Profit Down 14.9%
Tue, 13 Aug

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

TAKE SOLUTIONS Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m4,6755,3395,8279.1%24.6%
Other incomeRs m85198-58.0%-90.4%
TurnoverRs m4,7605,3595,8368.9%22.6%
ExpensesRs m3,7434,5294,7324.5%26.4%
Gross profitRs m9328111,09635.1%17.5%
DepreciationRs m33139745013.3%36.2%
InterestRs m528710217.2%95.8%
Profit before taxRs m63434655159.5%-13.1%
TaxRs m93759020.4%-2.4%
Profit after taxRs m54227146170.3%-14.9%
Gross profit margin%19.915.218.8
Effective tax rate%14.621.716.4
Net profit margin%11.45.07.9
* 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 24.6% on a year-on-year (YoY) basis. The expenses were up by 26.4% YoY during the same period.
  • The company's operating profit increased by 17.5% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 18.8% in 1QFY20 as against 19.9% in 1QFY19.
  • Depreciation charges increased by 36.2% and finance costs increased by 95.8% YoY, respectively.
  • Other income declined by 90.4% YoY during the quarter.
  • Net profit for the quarter declined by 14.9% YoY. Net profit margins during the quarter declined from 11.4% in 1QFY19 to 7.9% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 9.1% on a quarter-on-quarter (QoQ) basis. The expenses were up by 4.5% QoQ during the same period.
  • The company's operating profit increased by 35.1% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 18.8% in 1QFY20 as against 15.2% in 4QFY19.
  • Net profit for the quarter increased by 70.3% QoQ, while net profit margins increased from 5.1% in 4QFY19 to 7.9% in 1QFY20.

To see how TAKE SOLUTIONS has performed over the last eight quarters,please visit here.

TAKE SOLUTIONS Share Price Performance

Over the last one year,TAKE SOLUTIONS share price has moved down from Rs 205.2 to Rs 102.7, registering a Loss of Rs 102.6 or around 50.0%.

Meanwhile, the S&P BSE IT Index is trading at Rs 15,709.4 (down 1.2%). Over the last one year it has moved up from 14,865.8 to 15,709.4, a gain of 844 points (up 5.7%).

Overall, the S&P BSE SENSEX is down 1.2% over the year.

Current Valuations

At the current price of Rs 102.7, the price to earnings (P/E) ratio of TAKE SOLUTIONS stands at 7.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.8 times.

Equitymaster requests your view! Post a comment on "TAKE SOLUTIONS Announces Quarterly Results (1QFY20); Net Profit Down 14.9%". Click here!

  

Related Views on News

TAKE SOLUTIONS Announces Quarterly Results (3QFY20); Net Profit Up 40.6% (Quarterly Result Update)

Feb 14, 2020 | Updated on Feb 14, 2020

For the quarter ended December 2019, TAKE SOLUTIONS has posted a net profit of Rs 511 m (up 40.6% YoY). Sales on the other hand came in at Rs 7 bn (up 24.8% YoY). Read on for a complete analysis of TAKE SOLUTIONS's quarterly results.

TAKE SOLUTIONS Announces Quarterly Results (2QFY20); Net Profit Down 16.1% (Quarterly Result Update)

Nov 14, 2019 | Updated on Nov 14, 2019

For the quarter ended September 2019, TAKE SOLUTIONS has posted a net profit of Rs 510 m (down 16.1% YoY). Sales on the other hand came in at Rs 6 bn (up 17.9% YoY). Read on for a complete analysis of TAKE SOLUTIONS's quarterly results.

TAKE SOLUTIONS 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 TAKE SOLUTIONS for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of TAKE SOLUTIONS. Also includes updates on the valuation of TAKE SOLUTIONS.

More Views on News

Most Popular

What the RBI's Rate Cut Means for Options Traders(Fast Profits Daily)

May 25, 2020

The RBI governor has cut the repo rate to 4%. What does this mean for options traders? Find out in this video.

6 Charts Showing the State of Indian Financial Markets in 2020(Sector Info)

May 26, 2020

Six charts showing how Indian financial markets have performed in 2020 so far...

This 'Essential Product' Smallcap is a Must Have for a 'Covid-19' Immune Portfolio(Profit Hunter)

May 19, 2020

This smallcap company needs no stimulus measures to do well in the long term.

Which Stocks Should You Buy, Sell, and Hold in the Market Today?(Profit Hunter)

May 21, 2020

The coronavirus led uncertainty refuses to go away from the markets. Here's what retail investors should do with their stocks...

More

India's #1 Trader
Reveals His Secrets

The Secret to Increasing Your Trading Profits Today
Get this Special Report, The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

TAKE SOLUTIONS SHARE PRICE


May 29, 2020 03:35 PM

TRACK TAKE SOLUTIONS

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

MORE ON TAKE SOLUTIONS

TAKE SOLUTIONS 5-YR ANALYSIS

COMPARE TAKE SOLUTIONS WITH

MARKET STATS