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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 104.11 % in the past year, decrease in net sales/revenue by -25.99 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -79.78 %, Marginal decrease of -88.78% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Gensol Engineering Limited. Notable increase of 50.9 % in net profit Year to Year, Gensol Engineering Limited’s profitability dropped by -23.41 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -34.10 % Year to Year. EPS decreased by -15.99 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 144.6 Cr | Rs. 398.82 Cr | Rs. 295.15 Cr | -25.99 % | + 104.11 % |
Expenses | Rs. 107.98 Cr | Rs. 320.07 Cr | Rs. 207.48 Cr | -35.18 % | + 92.15 % |
Operating Profit | Rs. 36.62 Cr | Rs. 78.75 Cr | Rs. 87.67 Cr | + 11.33 % | + 139.4 % |
OPM % | 25.33 % | 19.75 % | 29.7 % | + 9.95 % | + 4.37 % |
Other Income | Rs. 7.12 Cr | Rs. 12.83 Cr | Rs. 1.44 Cr | -88.78 % | -79.78 % |
Interest | Rs. 16.6 Cr | Rs. 38.8 Cr | Rs. 35.85 Cr | -7.6 % | + 115.96 % |
Depreciation | Rs. 12.69 Cr | Rs. 23.96 Cr | Rs. 26.33 Cr | + 9.89 % | + 107.49 % |
Profit before tax | Rs. 14.45 Cr | Rs. 28.82 Cr | Rs. 26.93 Cr | -6.56 % | + 86.37 % |
Tax % | 30.52 % | 31.37 % | 43.74 % | + 12.37 % | + 13.22 % |
Net Profit | Rs. 10.04 Cr | Rs. 19.78 Cr | Rs. 15.15 Cr | -23.41 % | + 50.9 % |
EPS in Rs | Rs. 8.21 | Rs. 6.44 | Rs. 5.31 | -17.55 % | -35.32 % |
Today, we’re looking at Gensol Engineering Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 104.11 %. However, it did see a marginal slip of -25.99 % from the previous quarter. Expenses decreased slightly by -35.18 % quarter-on-quarter, aligning with the annual rise of 92.15 %. Operating profit, while up 139.4 % compared to last year, faced a quarter-on-quarter increase of 11.33 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 4.37 %, but an expansion of 9.95 % sequentially. Other income fell by -88.78 % compared to the last quarter, despite an annual decline of -79.78 %. Interest expenses dropped significantly by -7.6 % from the previous quarter, yet the year-over-year increase remains at a moderate 115.96 %. Depreciation costs climbed by 9.89 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 107.49 %. Profit before tax grew annually by 86.37 % but saw a reduction from the preceding quarter by -6.56 %.
Tax expenses as a percentage of profits increased slightly by 13.22 % compared to last year, with a more notable quarter-on-quarter increase of 12.37 %. Net profit rose by 50.9 % year-on-year but witnessed a -23.41 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -35.32 % but a quarterly fall of -17.55 %. In summary, Gensol Engineering Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 144.6 Cr | Rs. 398.82 Cr | Rs. 295.15 Cr | -25.99 % | + 104.11 % |
Expenses | Rs. 107.98 Cr | Rs. 320.07 Cr | Rs. 207.48 Cr | -35.18 % | + 92.15 % |
Operating Profit | Rs. 36.62 Cr | Rs. 78.75 Cr | Rs. 87.67 Cr | + 11.33 % | + 139.4 % |
Net Profit | Rs. 10.04 Cr | Rs. 19.78 Cr | Rs. 15.15 Cr | -23.41 % | + 50.9 % |
EPS in Rs | Rs. 8.21 | Rs. 6.44 | Rs. 5.31 | -17.55 % | -35.32 % |
In reviewing Gensol Engineering Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 104.11 % year-on-year growth, although there was a slight dip of -25.99 % from the previous quarter. Expenses rose by 92.15 % compared to the previous year, with a decrease of -35.18 % quarter-on-quarter. Operating Profit surged by 139.4 % annually, and saw a 11.33 % increase from the last quarter.
Net Profit showed yearly increase of 50.9 %, and experienced a -23.41 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -35.32 % annually, however dipped by -17.55 % compared to the last quarter. In essence, while Gensol Engineering Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.