Syrma SGS Technology : Q4 2024 Quarterly Earnings: YoY Sales Up 66.89. %, QoQ Up 60.47. %

The comprehensive analytics outlining the performance and outlook of Syrma SGS Technology Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Syrma SGS Technology 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 66.89 %. However, it did see a marginal increase of 60.47 % from the previous quarter. Expenses ticked up slightly by 58.76 % quarter-on-quarter, aligning with the annual rise of 70.95 %. Operating profit, while up 24.4 % compared to last year, faced a quarter-on-quarter increase of 89.87 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.21 %, but an expansion of 1.01 % sequentially. Other income rose by 28.96 % compared to the last quarter, despite an annual decline of -27.77 %. Interest expenses surged remarkably by 22.31 % from the previous quarter, yet the year-over-year increase remains at a moderate 214.87 %. Depreciation costs climbed by 13.87 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 79.19 %. Profit before tax declined annually by -10.19 % but saw an increase from the preceding quarter by 126.84 %.
Tax expenses as a percentage of profits decreased slightly by -10.79 % compared to last year, with a more notable quarter-on-quarter increase of 1.35 %. Net profit rose by 5.16 % year-on-year but experienced a 122.93 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -18.93 % but a quarterly rise of 123.86 %. In summary, Syrma SGS Technology Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Syrma SGS Technology Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 66.89 % year-on-year growth, however, there was a minor increase of 60.47 % from the previous quarter. Expenses rose by 70.95 % compared to the previous year, with a 58.76 % increase quarter-on-quarter. Operating Profit surged by 24.4 % annually, and saw a 89.87 % increase from the last quarter.
Net Profit showed yearly increase of 5.16 %, and experienced a 122.93 % increase from the previous quarter. Earnings Per Share (EPS) fell by -18.93 % annually, however rose by 123.86 % compared to the last quarter. In essence, while Syrma SGS Technology Limited faces strong annual decline 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.