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.
TANLA SOLUTIONS Announces Quarterly Results (2QFY19); Net Profit Up 15.7%

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?  

TANLA SOLUTIONS Announces Quarterly Results (2QFY19); Net Profit Up 15.7%
Mon, 12 Nov

TANLA SOLUTIONS has announced its results for the quarter ended September 2018. Here is a detailed performance review of the same:

TANLA SOLUTIONS Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m1,9821,8582,18417.6%10.2%
Other incomeRs m1182221.6%2563.9%
TurnoverRs m1,9821,8762,20617.6%11.3%
ExpensesRs m1,8011,6751,96217.2%9.0%
Gross profitRs m18118322221.2%22.8%
DepreciationRs m11812019259.3%62.8%
InterestRs m0010.0%0.0%
Profit before taxRs m648152-36.0%-18.8%
TaxRs m-964-33-151.1%
Profit after taxRs m731784402.1%15.7%
Gross profit margin%9.19.910.2
Effective tax rate%-14.679.2-63.2
Net profit margin%3.70.93.8
* 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 10.2% on a year-on-year (YoY) basis. The expenses were up by 9.0% YoY during the same period.
  • The company's operating profit increased by 22.8% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 10.2% in 2QFY19 as against 9.1% in 2QFY18.
  • Depreciation charges increased by 62.8% and finance costs increased by 0.0% YoY, respectively.
  • Other income increased by 2563.9% YoY during the quarter.
  • Net profit for the quarter increased by 15.7% YoY. Net profit margins during the quarter increased from 3.7% in 2QFY18 to 3.8% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 17.6% on a quarter-on-quarter (QoQ) basis. The expenses were up by 17.2% QoQ during the same period.
  • The company's operating profit increased by 21.2% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 10.2% in 2QFY19 as against 9.9% in 1QFY18.
  • Net profit for the quarter increased by 402.1% QoQ, while net profit margins increased from 0.9% in 1QFY18 to 3.8% in 2QFY19.

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

TANLA SOLUTIONS Share Price Performance

Over the last one year, TANLA SOLUTIONS share price has moved up from Rs 31.8 to Rs 32.9, registering a Gain of Rs 1.2 or around 3.6%.

Meanwhile, the S&P BSE IT Index is trading at Rs 14,418.4 (up 1.6%). Over the last one year it has moved up from 10,732.6 to 14,418.4, a gain of 3,686 points (up 34.3%).

Overall, the S&P BSE SENSEX is up 5.8% over the year.

Current Valuations

At the current price of Rs 32.9, the price to earnings (P/E) ratio of TANLA SOLUTIONS stands at 39.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.5 times.

Equitymaster requests your view! Post a comment on "TANLA SOLUTIONS Announces Quarterly Results (2QFY19); Net Profit Up 15.7%". Click here!

  

Related Views on News

TANLA SOLUTIONS Announces Quarterly Results (4QFY19); Net Profit Up 292.5% (Quarterly Result Update)

May 7, 2019 | Updated on May 7, 2019

For the quarter ended March 2019, TANLA SOLUTIONS has posted a net profit of Rs 100 m (up 292.5% YoY). Sales on the other hand came in at Rs 3 bn (up 52.9% YoY). Read on for a complete analysis of TANLA SOLUTIONS's quarterly results.

TANLA SOLUTIONS Announces Quarterly Results (3QFY19); Net Profit Up 176.9% (Quarterly Result Update)

Jan 24, 2019 | Updated on Jan 24, 2019

For the quarter ended December 2018, TANLA SOLUTIONS has posted a net profit of Rs 100 m (up 176.9% YoY). Sales on the other hand came in at Rs 3 bn (up 40.9% YoY). Read on for a complete analysis of TANLA SOLUTIONS'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

These Dividend Stocks Could Boost Your Returns Better Than You Can Imagine(Profit Hunter)

May 7, 2019

The art of dividend investing is a lot more than investing in companies with high dividend payouts or stocks with high dividend yields...

Limited Upside, Higher Downside(The Honest Truth)

May 6, 2019

The market's irrational reaction may present opportunities for a limited period of time.

3 Indian Stocks Replicating Amazon's Successful Strategy(The 5 Minute Wrapup)

May 10, 2019

The one critical element that has made Amazon a force to reckon with...

A Simple Checklist for Picking Great Dividend Stocks(Profit Hunter)

May 9, 2019

A filtered, neat list of high-dividend stocks with all this dirty work already done for you.

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.

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

TANLA SOLUTIONS SHARE PRICE


May 17, 2019 (Close)

TRACK TANLA SOLUTIONS

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

MORE ON TANLA SOLUTIONS

TANLA SOLUTIONS 8-QTR ANALYSIS

COMPARE TANLA SOLUTIONS WITH

MARKET STATS