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 (4QFY18); Net Profit Down 19.9%

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?  

ALLSEC TEC Announces Quarterly Results (4QFY18); Net Profit Down 19.9%
Wed, 6 Jun

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

ALLSEC TEC Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-17*
3
Dec-17*
3
Mar-18*
QoQ ChangeYoY Change
Net SalesRs m805887608-31.5%-24.5%
Other incomeRs m16632430.0%95.1%
TurnoverRs m821893640-28.4%-22.1%
ExpensesRs m642712509-28.4%-20.7%
Gross profitRs m16417598-43.9%-40.0%
DepreciationRs m171111-3.6%-37.6%
InterestRs m131-72.4%-38.5%
Profit before taxRs m162167119-29.1%-26.7%
TaxRs m715-5-132.5%-167.6%
Profit after taxRs m154152124-18.6%-19.9%
Gross profit margin%20.419.816.2
Effective tax rate%4.69.2-4.2
Net profit margin%18.817.019.3
* 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 24.5% on a year-on-year (YoY) basis. The expenses were down by 20.7% YoY during the same period.
  • The company's operating profit declined by 40.0% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 16.2% in 4QFY18 as against 20.4% in 4QFY17.
  • Depreciation charges and finance costs declined by 37.6% YoY and 38.5% YoY, respectively.
  • Other income increased by 95.1% YoY during the quarter.
  • Net profit for the quarter declined by 19.9% YoY. Net profit margins during the quarter increased from 18.8% in 4QFY17 to 19.3% in 4QFY18.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 31.5% on a quarter-on-quarter (QoQ) basis. The expenses were down by 28.4% QoQ during the same period.
  • The company's operating profit increased by 43.9% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 16.2% in 4QFY18 as against 19.8% in 3QFY17.
  • Net profit for the quarter declined by 18.6% QoQ, while net profit margins increased from 17.0% in 3QFY17 to 19.3% in 4QFY18.

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 331.1 to Rs 283.0, registering a Loss of Rs -48.1 or around 14.5%.

Meanwhile, the S&P BSE IT Index is trading at Rs 13,305.7 (up 1.0%). Over the last one year it has moved up from 10,522.4 to 13,305.7, a gain of 2,783.3 points (up 26.5%).

Overall, the S&P BSE SENSEX is up 0.8% over the year.

Current Valuations

At the current price of Rs 283.0, the price to earnings (P/E) ratio of ALLSEC TEC stands at 7.2 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 4.7 times.

Equitymaster requests your view! Post a comment on "ALLSEC TEC Announces Quarterly Results (4QFY18); Net Profit Down 19.9%". Click here!

  

Related Views on News

ALLSEC TEC Announces Quarterly Results (1QFY19); Net Profit Down 46.2% (Quarterly Result Update)

Aug 14, 2018 | Updated on Aug 14, 2018

For the quarter ended June 2018, ALLSEC TEC has posted a net profit of Rs 81 m (down 46.2% YoY). Sales on the other hand came in at Rs 630 m (down 25.2% 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

These Are the Kind of Blue Chips You Should Invest In(The 5 Minute Wrapup)

Nov 9, 2018

All blue chip companies are large caps but all large caps are not blue chips.

Get this Small Cap Logistics Company at a 16% Discount Right Now...(Profit Hunter)

Nov 6, 2018

If you turn the clock back, the current macroeconomic climate is nothing new. The markets have seen them all, and every downcycle has been succeeded by gravity defying gains...more so in the small cap space. This time will be no different.

This Was a Large Cap. But Was It Safe?(Chart Of The Day)

Nov 9, 2018

Investing in large caps is not always safe. Consider the right metrics to judge the safety and quality of large caps.

Why the Realty Sector's Recovery Has Been Delayed(Sector Info)

Nov 15, 2018

NBFC and IL&FS crisis have worsened the realty sector woes. Is there a light at the end of the tunnel for real estate sector?

Does it Make Sense to Invest in Offshore Funds?(Outside View)

Nov 6, 2018

Many investors prefer to invest in offshore funds because of the rupee depreciation and on-going downtrend in the markets, but it is to be invested only when there is no option available to invest in India.

More

Small Investments
BIG Returns

Zero To Millions Guide 2019
Get our special report, Zero To Millions
(2019 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

ALLSEC TEC SHARE PRICE


Nov 16, 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

COMPARE ALLSEC TEC WITH

MARKET STATS