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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 17.85 % in the past year, substantial increase in net sales/revenue by 7.06 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -12.06 %, Marginal increase in other income during this quarter, up by 430.3%.
- Profit over the Year and quarter: Significant improvement in profitability for Electrotherm (India) Limited. Notable increase of 150.25 % in net profit Year to Year, Electrotherm (India) Limited’s profitability dropped by -2.85 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 150.26 % Year to Year. EPS decreased by -2.84 % 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. 1033.16 Cr | Rs. 1137.33 Cr | Rs. 1217.57 Cr | + 7.06 % | + 17.85 % |
Expenses | Rs. 926.05 Cr | Rs. 1011.37 Cr | Rs. 1086.71 Cr | + 7.45 % | + 17.35 % |
Operating Profit | Rs. 107.11 Cr | Rs. 125.96 Cr | Rs. 130.86 Cr | + 3.89 % | + 22.17 % |
OPM % | 10.37 % | 11.08 % | 10.75 % | -0.33 % | + 0.38 % |
Other Income | Rs. 1.99 Cr | Rs. 0.33 Cr | Rs. 1.75 Cr | + 430.3 % | -12.06 % |
Interest | Rs. 18.99 Cr | Rs. 7.55 Cr | Rs. 17.61 Cr | + 133.25 % | -7.27 % |
Depreciation | Rs. 12.08 Cr | Rs. 11.66 Cr | Rs. 10.97 Cr | -5.92 % | -9.19 % |
Profit before tax | Rs. 78.03 Cr | Rs. 107.08 Cr | Rs. 104.03 Cr | -2.85 % | + 33.32 % |
Tax % | 0 % | 0 % | 0 % | 0 % | 0 % |
Net Profit | Rs. 41.57 Cr | Rs. 107.08 Cr | Rs. 104.03 Cr | -2.85 % | + 150.25 % |
EPS in Rs | Rs. 32.63 | Rs. 84.05 | Rs. 81.66 | -2.84 % | + 150.26 % |
Today, we’re looking at Electrotherm (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 17.85 %. However, it did see a marginal increase of 7.06 % from the previous quarter. Expenses ticked up slightly by 7.45 % quarter-on-quarter, aligning with the annual rise of 17.35 %. Operating profit, while up 22.17 % compared to last year, faced a quarter-on-quarter increase of 3.89 %, 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 0.38 %, but a shrinkage of -0.33 % sequentially. Other income rose by 430.3 % compared to the last quarter, despite an annual decline of -12.06 %. Interest expenses surged remarkably by 133.25 % from the previous quarter, yet the year-over-year decrease remains at a moderate -7.27 %. Depreciation costs fell by -5.92 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -9.19 %. Profit before tax grew annually by 33.32 % but saw a reduction from the preceding quarter by -2.85 %.
Net profit rose by 150.25 % year-on-year but witnessed a -2.85 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 150.26 % but a quarterly fall of -2.84 %. In summary, Electrotherm (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. 1033.16 Cr | Rs. 1137.33 Cr | Rs. 1217.57 Cr | + 7.06 % | + 17.85 % |
Expenses | Rs. 926.05 Cr | Rs. 1011.37 Cr | Rs. 1086.71 Cr | + 7.45 % | + 17.35 % |
Operating Profit | Rs. 107.11 Cr | Rs. 125.96 Cr | Rs. 130.86 Cr | + 3.89 % | + 22.17 % |
Net Profit | Rs. 41.57 Cr | Rs. 107.08 Cr | Rs. 104.03 Cr | -2.85 % | + 150.25 % |
EPS in Rs | Rs. 32.63 | Rs. 84.05 | Rs. 81.66 | -2.84 % | + 150.26 % |
In reviewing Electrotherm (India) Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 17.85 % year-on-year growth, however, there was a minor increase of 7.06 % from the previous quarter. Expenses rose by 17.35 % compared to the previous year, with a 7.45 % increase quarter-on-quarter. Operating Profit surged by 22.17 % annually, and saw a 3.89 % increase from the last quarter.
Net Profit showed yearly increase of 150.25 %, and experienced a -2.85 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 150.26 % annually, however dipped by -2.84 % compared to the last quarter. In essence, while Electrotherm (India) 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.