X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2018 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.
ALLSEC TEC Announces Quarterly Results (1QFY19); Net Profit Down 46.2%

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?  

ALLSEC TEC Announces Quarterly Results (1QFY19); Net Profit Down 46.2%
Tue, 14 Aug

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

ALLSEC TEC Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-17*
3
Mar-18*
3
Jun-18*
QoQ ChangeYoY Change
Net SalesRs m8426086303.6%-25.2%
Other incomeRs m253223-28.3%-8.8%
TurnoverRs m8676406532.0%-24.8%
ExpensesRs m6845095314.3%-22.3%
Gross profitRs m15998980.0%-37.9%
DepreciationRs m13111316.7%0.8%
InterestRs m111-12.5%-36.4%
Profit before taxRs m170119108-9.0%-36.5%
TaxRs m19-52741.3%
Profit after taxRs m15112481-34.3%-46.2%
Gross profit margin%18.816.215.6
Effective tax rate%11.1-4.224.7
Net profit margin%17.419.312.4
* 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 25.2% on a year-on-year (YoY) basis. The expenses were down by 22.3% YoY during the same period.
  • The company's operating profit declined by 37.9% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 15.6% in 1QFY19 as against 18.8% in 1QFY18.
  • Depreciation charges and finance costs increased by 0.8% YoY and 36.4% YoY, respectively.
  • Other income declined by 8.8% YoY during the quarter.
  • Net profit for the quarter declined by 46.2% YoY. Net profit margins during the quarter declined from 17.4% in 1QFY18 to 12.4% in 1QFY19.
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 4.3% QoQ during the same period.
  • The company's operating profit declined by 0.0% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 15.6% in 1QFY19 as against 16.2% in 4QFY18.
  • Net profit for the quarter declined by 34.3% QoQ, while net profit margins declined from 19.4% in 4QFY18 to 12.4% in 1QFY19.

To see how ALLSEC TEC has performed over the last eight quarters, please visit here.

ALLSEC TEC Share Price Performance

Over the last one year, ALLSEC TEC share price has moved up from Rs 347.0 to Rs 251.8, registering a Loss of Rs 95.3 or around 27.4%.

Meanwhile, the S&P BSE IT Index is trading at Rs 14,952.6 (up 0.6%). Over the last one year it has moved up from 10,211.3 to 14,952.6, a gain of 4,741 points (up 46.4%).

Overall, the S&P BSE SENSEX is up 20.4% over the year.

Current Valuations

At the current price of Rs 251.8, the price to earnings (P/E) ratio of ALLSEC TEC stands at 7.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 4.2 times.

Equitymaster requests your view! Post a comment on "ALLSEC TEC Announces Quarterly Results (1QFY19); Net Profit Down 46.2%". Click here!

  

Related Views on News

ALLSEC TEC Announces Quarterly Results (4QFY18); Net Profit Down 19.9% (Quarterly Result Update)

Jun 6, 2018 | Updated on Jun 6, 2018

For the quarter ended March 2018, ALLSEC TEC has posted a net profit of Rs 124 m (down 19.9% YoY). Sales on the other hand came in at Rs 608 m (down 24.5% YoY). Read on for a complete analysis of ALLSEC TEC'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 First Pharma Stock Recommendation!(The 5 Minute Wrapup)

Sep 21, 2018

This company has not only created a niche in the pharma space, it has done so profitably.

Want Bigger Returns Than You Thought Possible? This is Where You Should Look(Profit Hunter)

Sep 12, 2018

Richa has discovered the single most profitable opportunity in the market - read on to discover more...

Investors Are Redeeming From Equity Mutual Funds Now. Should You?(Outside View)

Sep 12, 2018

PersonalFN elucidates if you should redeem from equity mutual fund now, and the approach to follow before you decide to sell mutual funds.

Outperformance of Strong Established Brands in the Indian Stock market(Chart Of The Day)

Sep 14, 2018

Strong Well established Indian Brands have comfortably outperformed the index in the decade post the global financial crisis.

How IL&FS Rating Downgrade Will Impact Your Mutual Funds...(Outside View)

Sep 17, 2018

PersonalFN explains the impact of IL&FS rating downgrade on mutual funds.

More

Small Investments
BIG Returns

Zero To Millions Guide 2018
Get our special report, Zero To Millions
(2018 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

ALLSEC TEC SHARE PRICE


Sep 24, 2018 (Close)

TRACK ALLSEC TEC

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

ALLSEC TEC - ZENITH INFOTECH COMPARISON

COMPARE ALLSEC TEC WITH

MARKET STATS