Share the post "Schaeffler India Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Key Metrics and Growth Analysis"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 420.92% in the past year Decrease in net sales/revenue by -0.08%
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 1036.5%Marginal increase in other income during this quarter, up by 3.11%.
- Profit over the Year and quarter: Significant improvement in profitability for Schaeffler India Limited. Notable increase of 581.51% in net profit Year to YearSchaeffler India Limited’s profitability increased by 4.82% in this quarter.
- EPS over the Year and quarter: EPS increased by 182.57% Year to Year.EPS increased by 5.22%. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 359.58 Cr | Rs. 1874.55 Cr | Rs. 1873.13 Cr | -0.08% | + 420.92% |
| Expenses | Rs. 311.68 Cr | Rs. 1550.45 Cr | Rs. 1543.27 Cr | -0.46% | + 395.15% |
| Operating Profit | Rs. 47.9 Cr | Rs. 324.1 Cr | Rs. 329.86 Cr | + 1.78% | + 588.64% |
| OPM % | 13.32 % | 17.29 % | 17.61 % | + 0.32% | + 4.29% |
| Other Income | Rs. 2.74 Cr | Rs. 30.2 Cr | Rs. 31.14 Cr | + 3.11% | + 1036.5% |
| Interest | Rs. 0.02 Cr | Rs. 1.03 Cr | Rs. 0.84 Cr | -18.45% | + 4100% |
| Depreciation | Rs. 8.57 Cr | Rs. 60.43 Cr | Rs. 62.46 Cr | + 3.36% | + 628.82% |
| Profit before tax | Rs. 42.05 Cr | Rs. 292.84 Cr | Rs. 297.7 Cr | + 1.66% | + 607.97% |
| Tax % | 23.33 % | 27.25 % | 26.19 % | -1.06% | + 2.86% |
| Net Profit | Rs. 32.24 Cr | Rs. 209.61 Cr | Rs. 219.72 Cr | + 4.82% | + 581.51% |
| EPS in Rs | Rs. 4.99 | Rs. 13.4 | Rs. 14.1 | + 5.22% | + 182.57% |
Today, we’re looking at Schaeffler India Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 420.92%. However, it did see a marginal slip of -0.08% from the previous quarter.Expenses decreased slightly by -0.46% quarter-on-quarter, aligning with the annual rise of 395.15%. Operating profit, while up 588.64% compared to last year, faced a quarter-on-quarter increase of 1.78%, 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 4.29%, but an expansion of 0.32% sequentially. Other income rose by 3.11% compared to the last quarter,despite an annual growth of 1036.5%. Interest expenses dropped significantly by -18.45% from the previous quarter, yet the year-over-year increase remains at a moderate 4100%. Depreciation costs climbed by 3.36% quarter-on-quarter, whereas on an annual scale, they saw an increase of 628.82%. Profit before tax grew annually by 607.97% but saw an increase from the preceding quarter by 1.66%.
Tax expenses as a percentage of profits increased slightly by 2.86% compared to last year, with a more notable quarter-on-quarter decrease of -1.06%. Net profit rose by 581.51% year-on-year but experienced a 4.82% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 182.57% but a quarterly rise of 5.22%. In summary, Schaeffler India 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. 359.58 Cr | Rs. 1874.55 Cr | Rs. 1873.13 Cr | -0.08% | + 420.92% |
| Expenses | Rs. 311.68 Cr | Rs. 1550.45 Cr | Rs. 1543.27 Cr | -0.46% | + 395.15% |
| Operating Profit | Rs. 47.9 Cr | Rs. 324.1 Cr | Rs. 329.86 Cr | + 1.78% | + 588.64% |
| Net Profit | Rs. 32.24 Cr | Rs. 209.61 Cr | Rs. 219.72 Cr | + 4.82% | + 581.51% |
| EPS in Rs | Rs. 4.99 | Rs. 13.4 | Rs. 14.1 | + 5.22% | + 182.57% |
In reviewing Schaeffler India Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.62% year-on-year growth, although there was a slight dip of -0.08% from the previous quarter.Expenses rose by 395.15% compared to the previous year, with a decrease of -0.46% quarter-on-quarter. Operating Profit surged by 588.64% annually, and saw a 1.78% increase from the last quarter.
Net Profit showed yearly increase of 581.51%, and experienced a 4.82% increase from the previous quarter. Earnings Per Share (EPS) rose by 182.57% annually, however rose by 5.22% compared to the last quarter. In essence, while Schaeffler India Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
