TATA ELXSI Announces Quarterly Results (4QFY20); Net Profit Up 15.1%

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?  

TATA ELXSI Announces Quarterly Results (4QFY20); Net Profit Up 15.1%
Wed, 22 Apr

TATA ELXSI has announced its results for the quarter ended March 2020. Here is a detailed performance review of the same:

TATA ELXSI Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-19*
3
Dec-19*
3
Mar-20*
QoQ ChangeYoY Change
Net SalesRs m4,0514,2344,3893.6%8.3%
Other incomeRs m150205134-34.8%-10.7%
TurnoverRs m4,2014,4404,5231.9%7.7%
ExpensesRs m3,0663,2923,3030.3%7.7%
Gross profitRs m9859421,08615.3%10.3%
DepreciationRs m67112108-3.8%61.2%
InterestRs m014140.0%0.0%
Profit before taxRs m1,0681,0211,0987.5%2.8%
TaxRs m3552662773.9%-22.0%
Profit after taxRs m7137548218.8%15.1%
Gross profit margin%24.322.224.7
Effective tax rate%33.226.125.2
Net profit margin%17.017.018.1
* 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 8.3% on a year-on-year (YoY) basis. The expenses were up by 7.7% YoY during the same period.
  • The company's operating profit increased by 10.3% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 24.7% in 4QFY20 as against 24.3% in 4QFY19.
  • Depreciation charges increased by 61.2% and finance costs increased by 0.0% YoY, respectively.
  • Other income declined by 10.7% YoY during the quarter.
  • Net profit for the quarter increased by 15.1% YoY. Net profit margins during the quarter increased from 17.0% in 4QFY19 to 18.1% in 4QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 3.6% on a quarter-on-quarter (QoQ) basis. The expenses were up by 0.3% QoQ during the same period.
  • The company's operating profit increased by 15.3% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 24.7% in 4QFY20 as against 22.2% in 3QFY19.
  • Net profit for the quarter increased by 8.8% QoQ, while net profit margins increased from 17.0% in 3QFY19 to 18.1% in 4QFY20.

To see how TATA ELXSI has performed over the last eight quarters,please visit here.

REVEALED: Brijesh Bhatia's Private Telegram Channel (JOIN NOW)

TATA ELXSI Share Price Performance

Over the last one year,TATA ELXSI share price has moved down from Rs 958.0 to Rs 712.4, registering a Loss of Rs 245.7 or around 25.6%.

Meanwhile, the S&P BSE IT Index is trading at Rs 12,570.6 (up 0.3%). Over the last one year it has moved down from 15,650.7 to 12,570.6, a loss of 3,080 points (down 19.7%).

Overall, the S&P BSE SENSEX is down 20.8% over the year.

Current Valuations

At the current price of Rs 712.4, the price to earnings (P/E) ratio of TATA ELXSI stands at 17.5 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 6.1 times.

Equitymaster requests your view! Post a comment on "TATA ELXSI Announces Quarterly Results (4QFY20); Net Profit Up 15.1%". Click here!

  

Related Views on News

TATA ELXSI Announces Quarterly Results (1QFY22); Net Profit Up 64.6% (Quarterly Result Update)

Jul 22, 2021 | Updated on Jul 22, 2021

For the quarter ended June 2021, TATA ELXSI has posted a net profit of Rs 1 bn (up 64.6% YoY). Sales on the other hand came in at Rs 6 bn (up 39.4% YoY). Read on for a complete analysis of TATA ELXSI's quarterly results.

TATA ELXSI Announces Quarterly Results (3QFY21); Net Profit Up 39.5% (Quarterly Result Update)

Jan 13, 2021 | Updated on Jan 13, 2021

For the quarter ended December 2020, TATA ELXSI has posted a net profit of Rs 1 bn (up 39.5% YoY). Sales on the other hand came in at Rs 5 bn (up 12.7% YoY). Read on for a complete analysis of TATA ELXSI's quarterly results.

Why Did HCL Tech Shares Plunge Today? (Company Info)

Apr 26, 2021

Key takeaways from HCL Technologies Q4FY21 results.

Why Subex Shares Rallied 32% in the Last Two Sessions? (Company Info)

Apr 22, 2021

Share price of the company witnessed upward rally in the last trading session even as share markets remained volatile.

More Views on News

Most Popular

These Are the Best Stocks to Own(Fast Profits Daily)

Jul 22, 2021

Find out what I think are the best kind on stocks to own in the market.

Cash the Crash in Gas Prices(Fast Profits Daily)

Jul 21, 2021

Get ready to profit from the coming crash in the price of natural gas.

Electric 2-Wheelers: The Megatrend has Begun(Profit Hunter)

Jul 20, 2021

The shift to electric 2-wheelers will be faster than expected.

A Trading Hack to Multiply Profits(Fast Profits Daily)

Jul 23, 2021

Use this trading hack and get a big boost in your trading profits.

OPEC & Our Next Crude Oil Trade(Fast Profits Daily)

Jul 20, 2021

This is why we are on the correct side of the crude oil trade.

More

Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2021
Get our special report Multibagger Stocks Guide (2021 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

TATA ELXSI SHARE PRICE


Jul 30, 2021 (Close)

TRACK TATA ELXSI

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

COMPARE TATA ELXSI WITH

MARKET STATS