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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 20.16 % in the past year, substantial increase in net sales/revenue by 4.83 %.
- 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 27.47 %. Marginal decrease of -1.59% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Endurance Technologies Limited. Notable increase of 54 % in net profit Year to Year, Endurance Technologies Limited’s profitability increased by 38.01 % in this quarter.
- EPS over the Year and quarter: EPS increased by 54.02 % Year to Year. EPS increased by 37.95 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 2234.338 Cr | Rs. 2561.108 Cr | Rs. 2684.775 Cr | + 4.83 % | + 20.16 % |
Expenses | Rs. 1948.94 Cr | Rs. 2262.11 Cr | Rs. 2295.37 Cr | + 1.47 % | + 17.78 % |
Operating Profit | Rs. 285.4 Cr | Rs. 299 Cr | Rs. 389.41 Cr | + 30.24 % | + 36.44 % |
OPM % | 12.77 % | 11.67 % | 14.5 % | + 2.83 % | + 1.73 % |
Other Income | Rs. 20.82 Cr | Rs. 26.97 Cr | Rs. 26.54 Cr | -1.59 % | + 27.47 % |
Interest | Rs. 7.98 Cr | Rs. 10.93 Cr | Rs. 12.9 Cr | + 18.02 % | + 61.65 % |
Depreciation | Rs. 121.56 Cr | Rs. 114.42 Cr | Rs. 128.23 Cr | + 12.07 % | + 5.49 % |
Profit before tax | Rs. 176.68 Cr | Rs. 200.62 Cr | Rs. 274.82 Cr | + 36.99 % | + 55.55 % |
Tax % | 22.76 % | 24.1 % | 23.53 % | -0.57 % | + 0.77 % |
Net Profit | Rs. 136.47 Cr | Rs. 152.28 Cr | Rs. 210.15 Cr | + 38 % | + 53.99 % |
EPS in Rs | Rs. 9.7 | Rs. 10.83 | Rs. 14.94 | + 37.95 % | + 54.02 % |
Today, we’re looking at Endurance Technologies 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 20.16 %. However, it did see a marginal increase of 4.83 % from the previous quarter. Expenses ticked up slightly by 1.47 % quarter-on-quarter, aligning with the annual rise of 17.78 %. Operating profit, while up 36.44 % compared to last year, faced a quarter-on-quarter increase of 30.24 %, 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 1.73 %, but an expansion of 2.83 % sequentially. Other income fell by -1.59 % compared to the last quarter, despite an annual growth of 27.47 %. Interest expenses surged remarkably by 18.02 % from the previous quarter, yet the year-over-year increase remains at a moderate 61.65 %. Depreciation costs climbed by 12.07 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 5.49 %. Profit before tax grew annually by 55.55 % but saw an increase from the preceding quarter by 36.99 %.
Tax expenses as a percentage of profits increased slightly by 0.77 % compared to last year, with a more notable quarter-on-quarter decrease of -0.57 %. Net profit rose by 53.99 % year-on-year but experienced a 38 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 54.02 % but a quarterly rise of 37.95 %. In summary, Endurance Technologies 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. 2234.338 Cr | Rs. 2561.108 Cr | Rs. 2684.775 Cr | + 4.83 % | + 20.16 % |
Expenses | Rs. 1948.94 Cr | Rs. 2262.11 Cr | Rs. 2295.37 Cr | + 1.47 % | + 17.78 % |
Operating Profit | Rs. 285.4 Cr | Rs. 299 Cr | Rs. 389.41 Cr | + 30.24 % | + 36.44 % |
Net Profit | Rs. 136.47 Cr | Rs. 152.28 Cr | Rs. 210.15 Cr | + 38 % | + 53.99 % |
EPS in Rs | Rs. 9.7 | Rs. 10.83 | Rs. 14.94 | + 37.95 % | + 54.02 % |
In reviewing Endurance Technologies Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 20.16 % year-on-year growth, however, there was a minor increase of 4.83 % from the previous quarter. Expenses rose by 17.78 % compared to the previous year, with a 1.47 % increase quarter-on-quarter. Operating Profit surged by 36.44 % annually, and saw a 30.24 % increase from the last quarter.
Net Profit showed yearly increase of 53.99 %, and experienced a 38 % increase from the previous quarter. Earnings Per Share (EPS) rose by 54.02 % annually, however rose by 37.95 % compared to the last quarter. In essence, while Endurance Technologies 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.