How has been the historical performance of Softsol India?
Softsol India's historical performance shows fluctuating sales, with net sales declining to 74.68 crore in March 2024 from 82.59 crore in March 2023, but profitability metrics improved significantly, including profit after tax rising to 10.89 crore from 0.08 crore. Despite challenges in cash flow, the company demonstrated a recovery in operating profit and earnings per share.
Answer:The historical performance of Softsol India shows a fluctuating trend in its financial metrics over the years.Breakdown:
Softsol India's net sales for the fiscal year ending March 2024 were reported at 74.68 crore, a decline from 82.59 crore in March 2023, but slightly up from 74.26 crore in March 2022. The total operating income mirrored this trend, with figures of 74.68 crore in March 2024, down from 82.59 crore in March 2023. The company's total expenditure, excluding depreciation, was 65.09 crore in March 2024, a decrease from 74.28 crore in March 2023. Consequently, the operating profit (PBDIT) increased to 9.59 crore in March 2024 from 8.31 crore in March 2023. Profit before tax surged to 14.49 crore in March 2024, compared to just 2.71 crore in the previous year, while profit after tax rose significantly to 10.89 crore from a mere 0.08 crore in March 2023. The earnings per share (EPS) also saw a substantial increase to 7.17 in March 2024 from 0.05 in March 2023. On the balance sheet, total assets grew to 203.15 crore in March 2024 from 179.52 crore in March 2023, with total liabilities also increasing to 203.15 crore. The cash flow from operating activities was 1.00 crore in March 2024, down from 4.00 crore in March 2023, contributing to a net cash outflow of 10.00 crore in March 2024. Overall, while Softsol India faced challenges in sales and cash flow, it demonstrated a remarkable recovery in profitability metrics.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
