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.
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 (3QFY19); Net Profit Down 51.0% (Quarterly Result Update)

Feb 12, 2019 | Updated on Feb 12, 2019

For the quarter ended December 2018, ALLSEC TEC has posted a net profit of Rs 74 m (down 51.0% YoY). Sales on the other hand came in at Rs 631 m (down 28.9% YoY). Read on for a complete analysis of ALLSEC TEC's quarterly results.

ALLSEC TEC Announces Quarterly Results (2QFY19); Net Profit Down 88.5% (Quarterly Result Update)

Nov 23, 2018 | Updated on Nov 23, 2018

For the quarter ended September 2018, ALLSEC TEC has posted a net profit of Rs 20 m (down 88.5% YoY). Sales on the other hand came in at Rs 688 m (down 24.6% 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

The RCom Bankruptcy: 5 Lessons for Smallcap Investors(Profit Hunter)

Feb 7, 2019

Managements of companies can create or ruin their fortunes. Why is management quality such an important factor in valuing businesses? Read on to find out...

The One Real Estate Stock to Buy Now(The 5 Minute Wrapup)

Feb 13, 2019

The real estate sector is ready to make a comeback. This is the stock to consider buying.

How We Pick the Most Profitable Stocks from the Portfolios of Super Investors(The 5 Minute Wrapup)

Feb 8, 2019

This is the trick to following super investors and not losing money.

Small Caps Under Seige: Could This Be A Once-in-a-Decade Wealth Creating Opportunity?(Profit Hunter)

Feb 14, 2019

Don't let the dark clouds hovering over small caps scare you into hiding; it will rain gold as sentiments recover. Indeed, there is a blood bath. And if you are a first time investor, the correction is deep enough to scare you out of markets.

Don't Be Afraid of the Market; Buy Stocks Like This One(The 5 Minute Wrapup)

Feb 14, 2019

During this tough period in the market, a contrarian approach holds huge potential upside for this Smart Money Secrets stock.

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

ALLSEC TEC SHARE PRICE


Feb 19, 2019 (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 - HOV SERVICES COMPARISON

COMPARE ALLSEC TEC WITH

MARKET STATS