QUICK HEAL TECHNOLOGIES - Q1 FY 21 RESULTS REVIEW -DT 26 09 20

 

QUICK HEAL TECHNOLOGIES

Q1 FY 21 RESULTS REVIEW

                    DT 26 09 20

 

Quick Heal Technologies is a leading provider of Internet Security tools and is a leader in antivirus Technology in India.

Quick Heal Technologies was founded in 1993 and has been actively involved in Research and Development of antivirus software since then. 

The security products are used by consumers, small business, Government establishments and corporate houses for protecting their computers from viruses and other vulnerable threats. Serving millions of users worldwide, Quick Heal Technologies employs more than 350 people across 20 branches with its headquarters in Pune, India.                                                                 

Management                         

Kailash Sahebrao Katkar    Managing Director & CEO  

Sanjay Sahebrao Katkar   Joint Managing Director & CTO         

 QUARTERLY RESULTS

Quick Heal Technologies (in Rs. Cr.)	Jun '20	Mar '20	Dec '19	Sep '19	Jun '19	YOY	QOQ
Net Sales	73	64	66	99	58	28	14
Raw Materials	0.11	0.02	--	0.17	0.62	-82	450
Traded Goods	0.66	4.57	1.75	2.45	0.83	-20	-86
Increase/Decrease in Stocks	1.68	-1.7	-0.1	1.07	0.36	367	-199
Employees Cost	26.15	25	25	26	27	-1.8	6.39
Depreciation	4.65	5.59	5.39	5.53	5.16	-9.88	-16.82
Other Expenses	12.72	29.2	16.14	21.63	16.34	-22.15	-56.44
P/L Before Other Inc., Int., Excpt. Items & Tax	27.49	1.99	17.83	42.23	7.66	259	1281
Other Income	6.32	8.24	7.57	7.34	8.45	-25.21	-23.3
P B T	33.8	10.23	25.4	49.57	16.11	110	230
Tax	8.84	2.24	7.62	12.83	4.21	109.98	294.64
Net Profit	25	8	18	37	12	110	212
Equity Share Capital	64.2	64.2	64.2	64.2	64.2	0	0
Basic EPS	3.89	1.24	2.77	5.72	1.7	128.82	213.71
MP	125.1
PE	8.039846
VOLUMES	140000	NSE
52 Wk L/H	62.45	147.3

 

Annual RESULTS	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Sales	286	314	318	299	302
Other Income	31	32	30	28	9
Total Income	317	347	348	328	311
Total Expenditure	216	210	224	244	223
EBIT	101	137	123	83	88
Interest	0	0	0	0	0
Tax	26	45	40	30	30
Net Profit	74	91	83	53	57

 

 RATIOS

Margin Ratios	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Gross Profit Margin (%)	43	51	47	40	37
Operating Margin (%)	35	44	39	29	29
Net Profit Margin (%)	26	29	26	18	19
Return Ratios	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Return on Networth / Equity (%)	12	12	11	8	9
ROCE (%)	16	17	11	8	9
Return On Assets (%)	11	11	11	7	8
Leverage Ratios	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Debt to Equity (x)	0	0	0	0	0
Interest Coverage Ratios (%)	--	--	--	--	--
Growth Ratios	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
3 Yr CAGR Sales (%)	-5	2	-3	3	17
3 Yr CAGR Net Profit (%)	-3	19	12	3	1

 

Historical Prices
	3M BEF	Current Price	%Gain / Loss
Open Price	105.95	121.6	14.77
	1YR BEF
Open Price	109.4	121.6	11.15
	2YR BEF
Open Price	271.25	121.6	-55.17
	3YR BEF
Open Price	195.9	121.6	-37.93

 

Share Holding Pattern in (%)
Standalone	Jun-20	Mar-20	Dec-19	Sep-19
Promoters	72.83	72.83	72.83	72.83
Pledged	0	0	0	0
FII/FPI	2.16	2.21	2.31	2.32
Total DII	9.27	9	9.51	9.27
Fin.Insts	0.13	0.13	0.1	0.14
Insurance Co	0	0	0	0
MF	0	0	0	0
Others DIIs	9.14	8.87	9.41	9.13
Others	15.74	15.96	15.36	15.58
Total	100	100	100.01	100

 

MONTHLY

TECHNICAL RATING

bearish

Valuation

Market Cap (Rs Cr.)    803.19

P/E         9.2

Book Value (Rs)          100.96

Dividend (%)       40

Industry P/E         23.62

EPS (TTM)            13.58

Price/Book           1.24

Dividend Yield.(%)3.2

Face Value (RS)   10